Base price in 1967 for a Corvette was about $4,300 - I didn’t see how much options went for, but that’s pretty close to the $5,000 the original owner in the story won in Vegas with some to spare.
Base price was $4240.00
22,940 were built in 1967.
1,423 in Ermine White.
2,415 came with the Telescoping steering wheel.
Wish I had more info on the car.
BTW, American car maker underrated HP for insurance purposes.
in 1967, there were four iterations of the 427 motor with the lowest rated at 390 HP and the highest at 435 HP. but it’s well known that the L-88 put out well over 550 HP and ran high 10 second quarter miles on bias ply tires.
Imagine what one could run today in stock trim with some decent rubber on the rear instead of those 7.75” x 15” bias ply tires?
I was thinking that he would have paid maybe 40k at an estate sale at most unless there was a lot of publicity about the car before hand.