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1974 Chevrolet Corvette
2dr Coupe
8-cyl. 350cid/195hp 4bbl L48
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$20,200 CAD*
+9.2%
#4 Fair condition#4 Fair
Apr 2025
Pricing adjustments
+$500 for close ratio 4-spd.
-8% for auto trans.
+$200 for pwr wndws.
+$1,000 for a/c.
+$1,850 for hard top.
+$2,500 for pwr strg.
+$500 for gymkhana suspension.
+$750 for tilt/tele strng whl.
Adjustments are in USD
+$500 for close ratio 4-spd.
-8% for auto trans.
+$200 for pwr wndws.
+$1,000 for a/c.
+$1,850 for hard top.
Adjustments are in USD
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Photos
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Past sales
$109,264 CAD
1970 Chevrolet Corvette Base
71000 M
Standard
North America
May 6, 2025Bring a Trailer
View details
$28,979 CAD
1980 Chevrolet Corvette Base
24000 M
Automatic
North America
May 3, 2025Bring a Trailer
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$23,607 CAD
1974 Chevrolet Corvette Base
85000 M
Automatic
North America
May 1, 2025Bring a Trailer
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$31,961 CAD
1970 Chevrolet Corvette Base
26000 M
Standard
North America
May 1, 2025Bring a Trailer
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$155,265 CAD
1968 Chevrolet Corvette Base
Standard
North America
Apr 26, 2025Worldwide Auctioneers
View details
$102,475 CAD
1972 Chevrolet Corvette Base
North America
Apr 26, 2025Worldwide Auctioneers
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Insurance
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**Figure based on a stock 1974 Chevrolet Corvette valued at $20,200 CAD with ON rates with $100/300K liability/UM/UIM limits. Actual costs vary depending on the coverage selected, vehicle condition, province and other factors. Hagerty determines final risk acceptance.
More 1974 Chevrolet Corvette values
Model overview
Model description
The U.S. auto industry was reeling from the gas crunch in 1974, and car sales fell 12.4% as prices increased, with Chevrolets averaging $400 more. Even so, Corvette sales increased to 37,502 units from 30,464, though the coupe now cost $6,001.50 and the proportion of convertibles fell to only 5,474.
For 1974, soft color-keyed urethane bumpers were now fitted front and back. The rear bumper was made in two parts, split vertically, but all future bumpers would be one-piece.
Performance remained modest, with 195 bhp for the base 350 cubic-inch Chevy V-8. The small-block L82 did a bit better with 250 bhp for $299 and 6,690 buyers opted for that. Meanwhile, the once mighty 454 cubic-inch big-block wheezed out 270 bhp for an extra $250 for the 3,494 buyers. This was the last year for the 454, true dual exhausts, and the last without catalytic converters.
The base car came with a wide-ratio 4-speed, while 3,494 buyers chose the close-ratio 4-speed at no extra charge. Looking at the equipment selected by customers, it looked like the boulevard era had truly arrived. Automatic transmission, power windows, air conditioning, power steering, and tilt/telescopic steering column were fitted to the majority of 1974 Chevrolet Corvettes.
The Z07 “performance package” for the L82 and LS4 included heavy duty front suspension and bigger power brakes, but only 40 buyers opted for that. The FE7 gymkhana suspension added stiffer sway bars and springs, and attracted 1,905 enthusiasts. White letter tires were chosen by 24,102 buyers.
Once again, 10 colors were offered, though totals were missing. Buyers could have Corvette Orange, Corvette Gray, Corvette Medium Blue, Classic White, Silver Mist Dark Green, Dark Brown, Bright Yellow, Medium Red and Mille Miglia Red.
Vehicle specifications
- Vehicle Length185.5 in
- Wheelbase - Inches98 in
Equipment
- StandardOptional
- Transmission4-Speed Manual TransmissionAutomatic Transmission
- BrakesDisc BrakesPower Brakes
- Power Steering—Yes
- Tires—White Sidewall Tires
- Entertainment—AM/FM
Equipment
Standard
- Transmission4-Speed Manual Transmission
- BrakesDisc Brakes
- Comfort Equipment Heater/Defroster
- SeatsBucket Seats
- TachometerYes
Optional
- TransmissionAutomatic Transmission
- BrakesPower Brakes
- Power SteeringYes
- TiresWhite Sidewall Tires
- EntertainmentAM/FM
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Common Questions
The value of a 1974 Chevrolet Corvette can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $18,533 USD for a 1974 Chevrolet Corvette in good condition with average spec.
The highest selling price of a 1974 Chevrolet Corvette at auction over the last three years was $62,824 CAD. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1974 Chevrolet Corvette at auction over the last three years was $6,997 CAD. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 114 1974 Chevrolet Corvettes sold at public auction.
The most recent auction sale of a 1974 Chevrolet Corvette was $23,607 CAD on May 01, 2025 by Bring a Trailer.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.