1969 Chevrolet Corvette L88 Convertible - $759k

6,465 original miles. Documented with the original window sticker. Bloomington Gold Hall of Fame inductee. 427/430 HP L88 engine. M22 4-speed and 3.70 Positraction rear end. Original exhaust system. J50 and J56 brake packages. F41 suspension, K66 transistorized ignition. Radio delete, A01 tinted glass. Can-Am White with Black interior. Front fender louver trim. White soft top and Black vinyl hardtop. 1 of 116 L88 Corvettes produced in 1969. Four owners since new.

As rare and treasured as any Corvette L88 can be, this low mileage 1969 stands alone. The L88 centered on a 427 CI V-8 engine packing forged steel crank and rods, forged aluminum pistons, 12.8:1 compression, free-breathing aluminum heads, a radical high-lift cam, a single Holley 850 CFM four-barrel carburetor on a dual-plane aluminum intake manifold and transistorized ignition.

To handle the engine’s actual output of 560-plus horsepower, L88 specifications included a Muncie M22 close-ratio 4-speed, J56 special heavy-duty brakes and G81 Positraction rear end. 216 L88 Corvettes were built from 1967 through 1969, and they are now among the most valuable Corvettes ever made. This spectacular example failed to change hands on a high bid of $675k at Mecum in 2020. It did change hands for $759k in 2025. Here.

1969 Chevrolet Corvette L88 Convertible - $759k

Unrestored with 6,465 Miles, 1 of 116 L88 Corvettes produced in 1969. Sold new at Lownsburg Chevrolet in Toledo, Ohio to John Von Sprecken. Driven 6,205 miles within a year and parked for 10 years. Sold to Chip Miller in 1980, odometer statement showing approximately 6,200 actual miles. This C3 Chevrolet Corvette Stingray Convertible features the L88 spec that brought the race-bred big-block 427ci (7.0-liter) V8, officially rated at 430 hp. However, the big V8 with aluminum heads pumped out over 550 hp. Optimized for high-RPM operation, the L88 427 breathed cold air through a bulged hood with functional cold-air induction. A 4 speed manual transmission puts the power to the ground. The 427 was the closest thing to a racing engine that could be bought from General Motors.

While listed on Chevrolet dealer order forms, the factory actively discouraged L88 sales to customers who weren't professional racers. The base price for a 1969 Chevrolet Corvette L88 convertible was $4,438. The L88 engine itself added another $437.10. The car was designed for racing and featured a heavy-duty M22 4-speed transmission, positraction rear differential, and a performance suspension. In hommage to its race car heritage, it was all business and skipped creature comforts like air conditioning, a radio, and even power steering. With only 116 built in 1969, it is one of the rarest Corvettes ever made. It is also among the most highly desired.

Low mileage and very original this award winner made $759k at Mecum.

1969 Chevrolet Corvette L88 Convertible - $759k

6,457 original miles. Original window sticker, Protect-O-Plate, Car Shipper, order form, dealer invoice and retail installment contract. Bloomington Gold Hall of Fame inductee. Regional NCRS Top Flight Award in 2005 scoring 97.2. 427/430 HP L88 engine. M22 4-speed and 3.70 Positraction rear end. Original exhaust system. J50 and J56 brake packages. F41 suspension, K66 transistorized ignition. Radio delete, A01 tinted glass. Can-Am White with Black interior.

Behold the awe-inspiring Corvette L88. A brute strength package that is the L88 centered on a 427 CI V-8 engine packing forged steel crank and rods, forged aluminum pistons, 12.8:1 compression, free-breathing aluminum heads, a radical high-lift cam, a single Holley 850 CFM 4-barrel carburetor on a dual-plane aluminum intake manifold and transistorized ignition. To handle the engine’s actual output of more than 560 HP, L88 specifications included a Muncie M22 close-ratio 4-speed, J56 special heavy-duty brakes and G81 Positraction rear end. The official press release listed the engine at 430 HP, five fewer than the production L71, which was half as expensive.

216 L88 Corvettes were built from 1967 through 1969, and they are now among the most valuable Corvettes in the world. In 2016 a 1969 Chevrolet Corvette L88 Convertible made $577k at Barrett-Jackson.   This example appeared at Mecum and high bid to $700k in 2022. It sold for $759k in 2025.

1969 Chevrolet Corvette L88 Convertible

1 of 116 L88s built in 1969. L88 427/430 HP engine with first design closed chamber aluminum heads. M22 Rock Crusher 4-speed. 4.56 Positraction rear end. J56 heavy duty brakes. K66 transistorized ignition. Auxiliary hardtop and Black soft top. Fathom Green with matching Dark Green interior. Restoration completed in 1988. The most potent regular production Corvettes, they are also some of the rarest and most highly prized. It's thought the L88 was good for 550hp.

The L88 430 hp, 427 cu. in. V-8 was a race bred monster. The L88 was a factory racing option package that was never promoted by GM with an engine horsepower that figure was purposely underrated.

Initially offered in ’66 Corvettes, the 427 engine had a horsepower rating of 390. Its successors, the L68 and L72 boosted the Corvette’s horsepower to 400 and 425, respectively. Ranking even higher, the L71 and L89 versions of the 427 engines were rated at 435 horsepower. The elusive L88, of which only 216 were ordered from 1967 through 1969, remains the Holy Grail of Corvettes.

They surely aren't giving these babies away. A concours example is trending around $500k. This example appears at Mecum's.