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1997 Chevrolet Corvette$1,200.00{"message":"In _app.tsx child of Layout","renderCount":1}
1962 Chevrolet Corvette 327/340 Roadster50 Photos
1962 Chevrolet Corvette 327/340 Roadster
Lot Closed
Auction by Worldwide Auctioneers(89)
This item is in Auburn, IN
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Overview of 1962 Chevrolet Corvette 327/340 Roadster
Item Details
1962 Chevrolet Corvette 327/340 Roadster - VIN: 20867S100437 - Offered Without Reserve - Triple Crown Winner - NCRS Top Flight, Bloomington Gold® and Duntov Awards | Numerous judging sheets included | Maintained in show condition, climate-controlled storage | First of the 327s, last of the straight axles | Numbers matching 340 HP V-8, four-speed manual transmission | Professional restoration | Includes original hardtop - 327 cid V-8 engine, 340 HP, four-barrel Carter carburetor, four-speed manual transmission, independent front suspension with unequal length upper and lower A-arms, coil springs, and anti-roll bar, live rear axle with semi-elliptic leaf springs and trailing radius rods, four-wheel hydraulic drum brakes; wheelbase: 102�
At the beginning of the 1962 model year, the “Father of the Corvette� Zora Arkus-Duntov was quoted as saying, “this is the last time the Corvette’s power will be increased.� While he might have missed that mark, his engineering and understanding of high-performance was properly applied to the new larger displacement of the 327 cubic-inch small block. Using the same basic design as the 283 cubic-inch V-8 used up to 1961, a slightly larger bore proved for the extra horsepower. In base form this new engine was rated at 250 HP. Using heads with larger ports and more aggressive carburetion, a 300-horsepower version was also fielded. But for those who were looking for some powerful touring, Duntov’s own solid-lifter cam was installed and, when combined with the Carter 3269S four-barrel, a whopping 340 horsepower was achieved. Multiple carbs were no longer needed with this winning set-up. Appearance-wise, there are just a few visual cues to separate the 1962 models from the previous season. Gone was the bright metal bead that acted as a cut-line on those Corvettes that had two-tone paint schemes, as this was one option removed from the options list. Up front, the emblem above the grille opening and the triple chrome wind-splits at the leading edge of the cove were replaced by a simulated chrome vent. Despite the minor styling changes, the buying public responded in growing numbers to the higher power family of 327 cid V-8s, watching production leap by nearly 3,600 units to 14,531. This wonderful collection of “RED� Corvettes is comprised of some of the finest examples from each year represented and, for 1962, we offer you one of the best. Restored in the mid-2000s, this car was campaigned and judged at a number of NCRS events gaining multiple Top Flight awards and, in November 2007, it achieved stardom when it qualified for and was awarded the Duntov Mark of Excellence Award. Earlier that same year, this same car had achieved its Bloomington Gold® status and became a Triple Crown winner when it was presented the Golden Spinner Awards. During its time on the circuit, it was subjected to the most discerning and critical judges in the hobby, one to consistently come away with top honors. After it was acquired by our consignor the car did see some limited use with the odometer showing under 1,900 miles since the restoration was completed. It is finished in Roman Red with matching red vinyl seats and a white folding soft top. It is appointed with a full array of gauges as well as the Wonderbar radio and heater, which was considered standard equipment for the first time in 1962. Always stored and maintained in a climate-controlled environment, this 340 HP version is sure to lure the new owner into taking it for a little test spin that might just turn into an enjoyable day long drive. As attesting during judging, the engine is numbers matching and all components are correct for this particular car. Assembled during the first month of the 1962’s production run, strict detail was paid to every component during restoration and this car has been proven numerous times. The 1962 Corvette was a transition model, offering the newer, bigger, and more powerful engines installed into the final edition of Corvette’s first generation. This example easily stands above others in the crowd.
At the beginning of the 1962 model year, the “Father of the Corvette� Zora Arkus-Duntov was quoted as saying, “this is the last time the Corvette’s power will be increased.� While he might have missed that mark, his engineering and understanding of high-performance was properly applied to the new larger displacement of the 327 cubic-inch small block. Using the same basic design as the 283 cubic-inch V-8 used up to 1961, a slightly larger bore proved for the extra horsepower. In base form this new engine was rated at 250 HP. Using heads with larger ports and more aggressive carburetion, a 300-horsepower version was also fielded. But for those who were looking for some powerful touring, Duntov’s own solid-lifter cam was installed and, when combined with the Carter 3269S four-barrel, a whopping 340 horsepower was achieved. Multiple carbs were no longer needed with this winning set-up. Appearance-wise, there are just a few visual cues to separate the 1962 models from the previous season. Gone was the bright metal bead that acted as a cut-line on those Corvettes that had two-tone paint schemes, as this was one option removed from the options list. Up front, the emblem above the grille opening and the triple chrome wind-splits at the leading edge of the cove were replaced by a simulated chrome vent. Despite the minor styling changes, the buying public responded in growing numbers to the higher power family of 327 cid V-8s, watching production leap by nearly 3,600 units to 14,531. This wonderful collection of “RED� Corvettes is comprised of some of the finest examples from each year represented and, for 1962, we offer you one of the best. Restored in the mid-2000s, this car was campaigned and judged at a number of NCRS events gaining multiple Top Flight awards and, in November 2007, it achieved stardom when it qualified for and was awarded the Duntov Mark of Excellence Award. Earlier that same year, this same car had achieved its Bloomington Gold® status and became a Triple Crown winner when it was presented the Golden Spinner Awards. During its time on the circuit, it was subjected to the most discerning and critical judges in the hobby, one to consistently come away with top honors. After it was acquired by our consignor the car did see some limited use with the odometer showing under 1,900 miles since the restoration was completed. It is finished in Roman Red with matching red vinyl seats and a white folding soft top. It is appointed with a full array of gauges as well as the Wonderbar radio and heater, which was considered standard equipment for the first time in 1962. Always stored and maintained in a climate-controlled environment, this 340 HP version is sure to lure the new owner into taking it for a little test spin that might just turn into an enjoyable day long drive. As attesting during judging, the engine is numbers matching and all components are correct for this particular car. Assembled during the first month of the 1962’s production run, strict detail was paid to every component during restoration and this car has been proven numerous times. The 1962 Corvette was a transition model, offering the newer, bigger, and more powerful engines installed into the final edition of Corvette’s first generation. This example easily stands above others in the crowd.
Payment
Payment Instructions:
Payment in Cash, Wire Transfer, or Check w/approved Bank Letter of Guarantee - Call Auction House for details at 800.990.6789. Credit Cards are not accepted on car purchases.
All cost of removal, including any equipment and labor, are solely the buyers responsibility.
Buyer's Premium is 13%.
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Auction Details
Auction House
Terms Of Sale
Special Terms of Sale:
All items to be sold at no reserve and to the highest bidder. All car parts sold as one lot.
ONLINE TERMS & CONDITIONS & PAYMENT INSTRUCTIONS:
Payment in Cash, Wire Transfer, or Check w/approved Bank Letter of Guarantee - Call Auction House for details at 800.990.6789. Credit Cards are not accepted on car purchases.
All cost of removal, including any equipment and labor, are solely the buyers responsibility.
Buyer's Premium is 13%.
BIDDER REQUIREMENTS:
Once you have registered for this auction, we will contact you for a Bank Letter and Verification of Funds before you can be approved for bidding.
CURRENCY TYPE:
USD
Shipping Instructions:
Buyer will be responsible for setting up shipping (at an extra cost to the buyer) or arranging for local pickup. We recommend Passport Transport for shipping your car(s).
All vehicles must be removed by September 7 at 3pm once paid in full.
AUCTION LOCATION:
Worldwide Auctioneers Headquarters
5634 Opportunity Blvd.
Auburn, IN 46706
PREVIEW OF AUCTION:
Wednesday, September 2, 9am - 5pm
Thursday, September 3, 9am - 5pm
Friday, September 4, 9am - 5pm
Saturday, September 5, 9am - 5pm
CHECK-OUT of Vehicles & Parts:
All vehicles must be removed by September 7 at 3pm once paid in full.
BUYER’S TERMS, PROVISIONS & CONDITIONS OF SALE
Bidding. No bid may be retracted by Bidder/Buyer during the sale for any reason, regardless of whether bid is made in person, online, by telephone, or as an absentee bidder. All sales are final upon the Auctioneer’s declaration of sale.
Payment. Payment of the purchase price is due immediately upon the Auctioneer’s declaration of sale. Payments must be in the form of an acceptable credit card, Bank wire, certified funds, and cash. All cash payments will be reported according to U.S. Federal government requirements.
Personal or company checks are acceptable with prior approval from Worldwide Auctioneers. Approval requires an irrevocable letter of guarantee from the purchaser’s bank made to Worldwide Auctioneers, stating the auction name, sale dates, the limit of the bank’s guarantee, and a commitment not to issue stop payments with respect to checks made payable to Worldwide Auctioneers. (Sample of this letter is available. Please call our office.) Your check may be converted to an electronic file. Alternate payment arrangements are available for absentee and telephone bidders and must be made in advance. Please direct inquiries to sales office.
Final online bid price does not include 13% Buyer's Premium, or applicable taxes or fees. A 3% processing fee will be added to the total if paying by approved Credit Card. When registering a vehicle ownership, the Buyer is responsible for all federal, city, state, or other taxes due for which the Buyer does not qualify as exempt. Proof of exemption is Buyer’s responsibility. Payment for vehicle is to be immediate and made directly by the Buyer to Worldwide with Buyer agreeing to pay Worldwide Auctioneers sales commission as per sale agreement.
Non-Compliance of Buyer, Default and Remedies. If the Bidder/Buyer fails to comply with any of the Conditions of Sale, including, without limitation, a Bidder/Buyer fails to timely pay the full purchase price and/or remove a vehicle when required, the Bidder/Buyer shall be in breach and default of this agreement and shall be liable to Worldwide Auctioneers, and Bidder/Buyer agrees that Worldwide shall be entitled to recover from such Bidder/Buyer, any and all damages, costs, expenses, fees (including attorneys’ fees) and other amounts suffered and/or incurred. Worldwide may initiate legal action against the Bidder/Buyer including, without limitation, an action for specific performance, cancel or rescind the sale, resell the vehicle(s) with or without reserve privately or at public auction and the Bidder/Buyer shall be liable for any deficiency between the purchase price (plus all damages, costs, expenses and fees, including attorney’s fees incurred by Worldwide) and the resale price. Items not picked up within stated times without contacting Auction Company may be forfeited (including deposit) and or storage fee of $25.00 per day apply plus any towing or other storage fees.
Conditions of Sale. ALL SALES ARE “AS IS, WHERE IS.” BIDDER IS RESPONSIBLE FOR INSPECTIONS AND VERIFICATION OF CONDITION, AUTHENTICITY, AND COMPLETENESS OF ANY VEHICLE OR MEMORABILIA PURCHASED. BIDDER/BUYER EXPRESSLY AGREES NOT TO RELY ON THE ONLINE DIGITAL CATALOGUE DESCRIPTION BUT THEIR OWN RESEARCH AND INSPECTION. NO WARRANTIES OR REPRESENTATION EXPRESSED OR IMPLIED, OF ANY TYPE WHATSOEVER ARE MADE BY THE AUCTION COMPANY OR ANY OF THEIR REPRESENTATIVES. FURTHER, NO WARRANTIES, EXPRESSED OR IMPLIED OF MERCHANTABILITY OR FOR FITNESS ARE MADE. INFORMATION PRINTED IN BROCHURES, PRINTED AND/OR DIGITAL CATALOGUES, SIGNS, WINDOW CARDS, AND VERBAL STATEMENTS MADE BY AUCTIONEERS OR AUCTION STAFF ARE REPRESENTATIONS MADE BY THE SELLER, AND WORLDWIDE AUCTIONEERS HAS NO OBLIGATION TO VERIFY OR AUTHENTICATE ANY SUCH CLAIMS OR REPRESENTATIONS. NOTWITHSTANDING ANY ANNOUNCEMENT, ADVERTISEMENT, STATEMENT, ASSURANCE OR PROMISE BY, OR ON BEHALF OF, WORLDWIDE OR ANY OF ITS EMPLOYEES, AGENTS OR REPRESENTATIVES, AND NOTWITHSTANDING ANY VERBAL OR WRITTEN CONDITION REPORT PROVIDED BY WORLDWIDE, WORLDWIDE HAS NO OBLIGATION OR RESPONSIBILITY, AND DOES NOT ASSUME ANY OBLIGATION OR RESPONSIBILITY, TO UNDERTAKE AN INSPECTION OF ANY VEHICLE PRIOR TO THE AUCTION. BIDDERS HAVE THE OPPORTUNITY AND THE RESPONSIBILITY AND ARE STRONGLY ENCOURAGED TO RESEARCH THE VEHICLES AND/OR MEMORABILIA PRIOR TO THE AUCTION AND CONDUCT THEIR OWN INDEPENDENT INSPECTION AND EXAMINATION OF ANY MEMORABILIA AND/OR VEHICLE LOT, ACCOMPANYING SPARE PARTS, DOCUMENTATION, RESTORATION RECEIPTS, AND OWNERSHIP DOCUMENTS RELATING TO A VEHICLE PROVIDED BY THE SELLER TO WORLDWIDE. BIDDERS ARE SOLELY RESPONSIBLE TO SATISFY THEMSELVES, PRIOR TO BIDDING, AS TO THE CONDITION OF ANY VEHICLE AND ALL MATTERS RELATING TO THE VEHICLE, INCLUDING, BUT NOT LIMITED TO, ANY DESIRED OR NECESSARY REPAIRS, RESTORATION OR MISSING PART, YEAR OR AGE, SIZE, SERIAL NUMBER, MAKE, MODEL, OPTIONS, TOOLS, PREVIOUS USE OR OWNERSHIP, PROVENANCE, DOCUMENTS, MANUFACTURING OR RESTORATION PROCESS, DAMAGE, GENUINENESS, ATTRIBUTION, RARITY, OR HISTORICAL SIGNIFICANCE. WORLDWIDE, NOR THE SELLER, SHALL BE RESPONSIBLE OR LIABLE FOR ANY REPAIRS, RESTORATION, REPLACEMENT OF ANY PARTS, OR ANY OTHER MATTER. BY PARTICIPATING IN THE AUCTION, EACH BIDDER/BUYER EXPRESSLY WAIVES, AND AGREES THAT IT WILL NOT SEEK ANY RECOVERY FROM, OR PURSUE ANY CLAIM AGAINST, WORLDWIDE RELATING TO ANY OF THE FOREGOING, INCLUDING, WITHOUT LIMITATION, FOR REPAIRS, RESTORATION OR REPLACEMENT OF PARTS. ANY ANNOUNCEMENTS MADE AT TIME OF SALE SUPERSEDE ANY PREVIOUSLY PRINTED INFORMATION. BUYERS SHOULD NOTE THAT MOTOR VEHICLES SOLD AT THIS AUCTION ARE INTENDED AS COLLECTOR’S ITEMS AND MAY NOT BE SUITABLE TO PROVIDE DAILY TRANSPORTATION AND WORLDWIDE SPECIFICALLY DISCLAIMS ANY WARRANTIES OR FITNESS FOR ANY PARTICULAR PURPOSE. THE AGE, NATURE, AND CONDITION OF THESE VEHICLES MAKES IT LIKELY THAT MAJOR COMPONENTS MAY HAVE BEEN MODIFIED, REPLACED, RESTORED OR REPAIRED IN SUCH A MANNER THAT IT IS IMPOSSIBLE FOR THE AUCTION COMPANY OR ITS REPRESENTATIVES TO INSPECT AND/OR VERIFY THE CONDITION OF ANY LOT TO PROVIDE ANY AUTHENTICITY OF ANY LOT FOR ANY PURPOSE.
Other Terms. Vehicles and/or memorabilia lots not marked as “Offered Without Reserve” are subject to a minimum bid set by the Seller. When a vehicle and/or memorabilia lot is sold subject to such a minimum bid, the auctioneer may bid on the Seller’s behalf in an amount not to exceed the Seller’s minimum bid. All terms of sale posted on the auction premises, printed in sale brochures or forms, online, or publicly announced, or otherwise published are incorporated herein by reference.
This instrument, together with the Online Bidder’s Registration Form, Clerk Ticket, Purchase Invoice and Bill of Sale, comprise the entire agreement of the parties and shall be binding on them and their respective heirs, personal representatives, and assigns. This instrument shall not be modified except in writing, signed by an officer of Worldwide Auctioneers in the auction office or at the auction block. The above instruments constitute a contract between Bidder/Buyer, Seller and Worldwide Auctioneers. ALL PARTIES AGREE THAT THE EXCLUSIVE AND SOLE JURISDICTION AND VENUE FOR ALL CLAIMS, COURT ACTIONS, AND LAWSUITS ARISING UNDER THESE CONTRACTS BE THE COURTS OF THE COUNTY OF DEKALB IN THE STATE OF INDIANA AND SHALL BE INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF INDIANA. THE PARTIES AGREE THAT THEY SPECIFICALLY WAIVE ANY RIGHT THEY MAY HAVE TO HAVE ANY CLAIMS OR ISSUES HEARD IN FEDERAL COURT.
Worldwide has a copyright on all images and likenesses taken or captured at our events and, by registering as an Online Bidder, you expressly agree that any and all images or likeness taken or captured by Worldwide belong to Worldwide and they have full rights to use in any manner they so choose.
Bidder is responsible for their bidder number and action taken on behalf of your bidder number. Please notify the auction office immediately if you have lost your number.
Should you have any questions regarding the Buyer’s Terms and Conditions of Sale, please contact us at 800.990.6789. Fax this form directly to 260.572.2517.