One of the questions that has popped up frequently on Dream Giveaway’s Classic Corvette Dream Giveaway is: “How is the grand-prize 1971 Corvette 1 of 188 made.” We will answer that question for you.
Model year 1971 was the 19th year of Corvette production, which started in 1953. It was also the fourth-year of the extremely popular Mako Shark styling that began in 1968 and launched the C3 generation. The styling was so popular that it ran all the way through 1982!
A total of 21,801 Corvettes were built in 1971 and that breaks down to 14,680 hardtops and 7,121 convertibles. The 350ci/4bbl base engine powered 14,567 Corvettes that year and 7,234 Corvette buyers opted in for higher-performance engines.
If you were a Corvette buyer in 1971, those three performance engines included the LT1 small-block (1,949 made), the LS5 big-block (5,097 made) and the LS6 big-block (188 made). There, that answers the question!
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The reason the LS5 was so much more popular than the LS6 came down to price. The LS5 added $295 to the Corvette’s retail price. The LS6 added a whopping $1,221 to the Corvette’s retail price, which started at $5,259. Most Corvette buyers that year simply couldn’t afford the huge performance of the LS6.
War Bonnet Yellow, which is the color of this grand-prize LS6 Corvette, accounted for 17% of production that year. From those numbers, we can approximate that 32 ’71 Corvettes came with the LS6 and War Bonnet Yellow paint.
Regardless of the actual number built, this grand-prize Corvette is super-rare. It’s also one of the most valuable Corvettes in the entire muscle-car hobby. In perfect condition, it’s worth $200,000 or more!
One lucky person will win this big-block Corvette and yes, friends, it has a four-speed and power windows, too. Be sure to get your entries now. Remember to use promo code AX2022C for double entries! Enter now!