Heroshot

1965 Chevrolet Chevelle

Z16
Mecum Indy 2023
Friday, 12 May - Saturday, 20 May
$247,500
Sale Price
$250,000 - $275,000
Est. Range
Yes
Reserve
19 May 2023
Sold Date
F148.1
Lot Number
#2-
Older restoration
Mecum Auctions
Auction House
Chassis no. 138375K167501. Crocus Yellow over white vinyl. 396/375hp, M20 4-speed, Mag-style wheels with gold line tires, 12-bolt rear, factory AM/FM radio, dash-mounted clock.

Evaluation: Genuine Z16 represented as one of only three in this color combination. Sold new in IL. Older body-off restoration with minor paint blistering on the hood and a crack above the trunk lid. Otherwise, the exterior looks great, while the interior shows light general wear to the seats and general dullness to the metal trim on the dash. A cool, collectible, and only lightly aged early big-block.

Bottom Line: Marking the first time a big-block made its way into a showroom Chevelle, the Z16 debuted hot on the heels of Pontiac’s GTO in mid-1965. Potent but expensive and not actively promoted, it only sold 200 copies. This one sold for $89,100 at Mecum Kissimmee two years ago and then for $165,000 in Scottsdale the year after. Given those very recent results and the age of its restoration, the price it brought here in Indy is surprisingly high. A Z16 Chevelle is a highlight of any GM muscle car collection and you can’t always be picky when shopping for one, but this really is an expensive result.

by Andrew Newton
1 June 2023

Leave a Reply

Your email address will not be published. Required fields are marked *

More on this topic

Hagerty Insider Newsletter

Your weekly dose of auction reports, market analysis, and more.

Thank You!
Your request will be handled as soon as possible
Hagerty Insider Newsletter
Your weekly dose of auction reports, market analysis, and more.
Share
Condition definitions
Condition #1:
Condition #2:
Condition #3:
Condition #4:
Condition #5:
Condition #6: