This gorgeous 1962 Chevy just sold for $2,422—was it the deal of the decade?

A lucky buyer just scored a 1962 Chevrolet Corvair Club Coupe for a shocking $2,422—and this wasn’t some rusted relic from a junkyard.

For those who remember when these cars first hit the road, this one might just be the find of the year.

Classic car fans everywhere are wondering how such a rare piece of American automotive history went for less than the cost of a new set of tires on a modern SUV.



This Corvair is no basket case.

It boasts a vibrant red and white paint job that would hold its own at any vintage car show.

Clocking in at just 31,800 miles, this coupe is a low-mileage marvel by classic car standards.

It came with upgrades like electric wipers, dual sun visors, a heater, and 13-inch steel wheels with chrome hubcaps.


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A stunning 1962 Chevy just sold for only $2,422. Image source: Cars & Bids


Under the hood, it retains its original 2.4-liter flat-six engine, rated at 80 horsepower, paired with a 3-speed manual transmission—a true hands-on driving experience.

This model, built in various factories across the US, Canada, and Mexico, is known for its rear-engine layout and unibody construction, making it one of Chevrolet’s more experimental creations.

Some even argue it shares stylistic DNA with the Corvette.



On today’s market, Corvairs from this era often command over $13,000, with pristine examples fetching as much as $33,000.

So why did this one change hands for so little?

The auction listing, dated May 19, 2025, on Cars & Bids offers some clues.

While the mechanicals were intact, the car showed its age.



Scuffed wheels, torn upholstery, and faded vinyl flooring hinted at years gone by.

The white paint had chips and scratches, the seals on the windows were worn, and there was visible rust in several spots.

The differential was leaking oil, the clutch needed work, and the engine idled roughly when cold.

Even the radio was nonfunctional—though some might say that just adds to the retro charm.



Read also: Drivers beware: The winter car problem you didn’t know you had—solved!

Still, it came with a clean California title, an aftermarket tachometer, and a host of spare parts, service records, the original owner’s manual, and three sets of keys.

The seller had replaced the fuel pump and battery, cleaned the fuel lines, and rebuilt the carburetors in 2023.

It even had new tires from 2022.



For hobbyists with time and tools, this Corvair offers a rare chance to restore a classic without the usual five-figure entry price.

Thinking of diving into classic car ownership yourself? Here are a few pro tips to keep your dream ride from becoming a nightmare:

Set a realistic budget—and don’t forget to include maintenance, storage, and insurance. Match the car to your needs: weekend cruiser, project car, or show-ready?

Look into certified pre-owned options if you’re shopping on the newer side of classic. Secure financing before shopping to boost negotiating power.



Always pay for a professional inspection and get a vehicle history report.

Owning a classic is about more than the drive.

It’s about heritage, tinkering, and memories on four wheels.

And sometimes, it’s about being in the right place at the right time—just like whoever took this $2,422 gem home.

Read next: The car everyone warned you about is coming back—Would you drive America’s most infamous vehicle?

Key Takeaways

  • A 1962 Chevrolet Corvair Club Coupe with only 31,800 miles sold for $2,422 at auction, far below typical market prices.
  • Cosmetic and mechanical flaws included rust, oil leaks, interior wear, and a faulty clutch and radio.
  • Despite issues, the car had original parts, recent maintenance, and came with extras like service records and spare parts.
  • Experts advise budget-conscious buyers to research thoroughly, plan finances ahead, and always get a professional inspection.
Have you ever stumbled across a classic car steal? Would you have taken a chance on this Corvair? Let us know in the comments—your story might just inspire another enthusiast to go for their dream drive.
 

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News, deals, games, and bargains for Americans over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, The GrayVine is all about helping you make your money go further.

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