The second-generation Corvair, launched for 1965, was a dramatic leap forward from its predecessor. Chevrolet's styling chief Bill Mitchell oversaw a complete redesign, resulting in a sleek, pillarless hardtop body often compared to contemporary Italian designs. More importantly, the controversial swing-axle rear suspension was replaced with a fully independent setup similar to the C2 Corvette's, transforming the car's handling. Despite the improvements, the Corvair's fate was sealed by Ralph Nader's book and shifting consumer tastes, leading to its cancellation in 1969.
Collectors appreciate the second-gen Corvair for its unique combination of style and engineering. It's the only mass-produced American car with a rear-mounted, air-cooled engine, offering a driving experience unlike anything else from Detroit. The top-spec Corsa models, equipped with a 180-horsepower turbocharged flat-six, are the most sought-after variants. Convertibles and well-equipped Monza models also command strong interest for their open-air fun and clean design.
The market for these Corvairs remains quite accessible, with an average sale price under $17,000. This makes them a great entry point for collectors seeking a distinctive 1960s classic. While project cars can be found for just a few thousand dollars, perfectly restored Corsa convertibles or rare Yenko Stinger models can push values toward $70,000. The wide price spread reflects condition and the desirability of turbocharged and convertible models.
Buying Tips
- Rust is the biggest enemy. Thoroughly inspect the floors, trunk, lower fenders, and the areas around the front and rear glass.
- All Corvair engines leak some oil, but check for significant drips from the pushrod tube seals, oil cooler, and crankcase seals, as repairs can be labor-intensive.
- Inspect the independent rear suspension for worn bushings and sagging springs, which will negatively impact the car's famously good handling.
- On turbocharged Corsa models, listen for strange noises from the turbo and check for excessive oil consumption, as rebuilding them requires specialist knowledge.
- Verify the VIN and trim tags to confirm the car is a genuine Corsa or a desirable 4-speed Monza, as many lower-spec cars have been cloned.
Prices range from as little as $1,000 for project cars to more than $68,200 for perfectly restored, high-specification examples.
719 Chevrolet Corvair 2nd Gen vehicles have been tracked across auctions and listings on Hypercars, with 108 currently live. Sold prices range from $500 to $220,000.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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