46-Years-Owned 1978 Corvette Silver Anniversary Edition Is A No-Reserve BargainMotoriousElizabeth PuckettTue, September 15, 2026 at 12:30 PM UTCAdd us on Google46-Years-Owned 1978 Corvette Silver Anniversary Edition Is A No-Reserve BargainA car that has stayed with the same owner since 1980 usually has a good story behind it, and this 46-years-owned 1978 Chevrolet Corvette Silver Anniversary Edition, now bid to just $5,300 with no reserve on Hagerty Marketplace, is one of the more charming C3 opportunities to surface in a while.Chevrolet marked the Corvette's 25th birthday in 1978 with a new fastback rear window and, for buyers who ticked the right box, a two-tone Silver Anniversary paint scheme pairing a lighter silver upper body with a darker silver lower half. Alongside the Indy 500 Pace Car replica, it is one of the most recognizable special editions of the entire C3 generation, and arguably the more tasteful of the two.The seller says this one was bought from its original owner in 1980, when the car was only two years old. Forty-six years later it still wears that factory combination of Silver Metallic over Dark Gray Metallic, trim tag codes 13U and 07P, with an Oyster leather interior coded 122. It is presented in stock form with 57,500 miles indicated, though the reading is listed as TMU.AdvertisementAdvertisementPower comes from a carbureted 350ci V8 backed by a three-speed automatic and a limited-slip differential. It was never a fire-breather, but that is exactly the relaxed, torquey cruiser the late C3 was built to be. Standard equipment includes 15-inch slotted alloy wheels, four-wheel disc brakes, power steering, pop-up headlights and removable T-top roof panels, which come with their own storage bags.Better still, the seller has been busy ahead of the sale. A new alternator, brake master cylinder, front disc brakes, turn signal switch and a fresh set of tires have all gone on recently, which clears a good chunk of the usual just-bought-it to-do list off the next owner's plate.The listing is refreshingly honest about the rest. The paint shows fading and imperfections, the upholstery has wear, the air conditioning, clock and rear window defroster are inoperative, the carburetor could use a tune, the exhaust piping to the muffler has deteriorated, and the factory smog pump is still fitted but unbelted. None of that is unusual for a driver-grade C3, and none of it is the sort of thing that keeps a car off the road.With a clean Washington title in the seller's name, a front end bra and those T-top bags included, this is the rare special-edition Corvette that still looks like a genuine bargain. The no-reserve auction runs until Friday, September 18 at 2:25 p.m. EDT, with the car located in Olalla, Washington.⚡️ Read the full article on MotoriousSign up for the Motorious Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.