Seven Hills Motorcars is proud to offer this Red/Red 1980 Chevrolet
Corvette. We have had the great opportunity to acquire this
low mileage Corvette in excellent condition. The Corvette has
just over 62,000 original miles, or 99,900 original kilometers.
This particular car has an interesting history. What makes
this car extra rare is the fact is was originally produced for
export to Canada. I contacted GM Canada and their Vintage
Vehicle Services department in reference to this car. I
received back from them a packet containing details about this car's
origin and history that will be included with the sale. This
car was finished on November 21, 1979 in St. Louis. It was
then exported to Canada and sold new at Aiken Motors Ltd. in Simcoe,
Ontario. The letter from GM Canada shows that this car left
the factory new with red paint and red leather interior. This
is confirmed by the trim pad on car showing 83 for red paint and 722
for red leather interior. Red/Red is by far the most desirable
color combination and the fact that this car is documented as an
original red/red car is especially important. Another notable
and desirable option is the FE7 Gymkhana Suspension. Only
5,020 Corvettes were imported to Canada in 1980, of those only 1,543
came with Gymkhana Suspension. Making this car particularly
rare, out of the 5,020 export cars, only 593 came with red paint and
an even smaller amount with red paint and interior.
Corvette was lighter than the previous year and featured new bumper
caps, cleaner lines, and integrated spoilers. The body style
was highly modernized in 1980 by these changes. The vehicle
also become much more aerodynamic with these changes, with a drag
coefficient .503 in 1979 to .443. 1980 was the last year for
the much more desirable fully mechanical fuel and ignition systems.
1981 went to the "computer command control" system, which is much
more prone to issues.
As a side note, this Corvette is not a
dealer auction vehicle. I hand pick each car after careful
inspection. The cars I sell come from owners who expect their
Corvette to go to someone that will give the vehicle the same care
and attention as they did. Please take the time to examine
each picture I have provided.
I photograph each vehicle to the greatest extent so you
can feel confident about bidding. If you have a question about
the Corvette, please feel free to give me a call.
With the current
economic crisis some may be apprehensive about the purchase of a
classic car at this time. However, now is the best time to buy
based on historical events. October 19, 1987 is referred to as
"Black Monday" when the stock market crashed and fell 22.6% in one
day. Following that event, the collector car market
skyrocketed as people lost confidence in other financial instruments
and assets such as stocks. Investors see vintage cars as a
very safe investment that will continue to appreciate despite other
financial markets and influences. If history is any
indication, then collector cars and other tangible collectibles will
be some of the best investments in the next few years to come.