Chassis Number: E57S105735

Only three years after its introduction, for 1956 Chevrolet introduced a restyled Corvette that was a significant departure from earlier models. Fast, sleek and extremely clean in appearance, the new body style was more than just a work of art – the now-iconic design lent America’s sports car a much more sporting identity. As a result, the overall excitement surrounding Corvette soon notched into high gear, and the ’56 model outsold previous versions by a margin of nearly three to one.

Wisely, GM elected to not deface a figure of beauty for 1957, and the dramatic body styling remained unchanged – although it would mark the last year for the simplistic two-headlight design. Engineering enhancements were another matter entirely. With aggressive competition from Ford’s Thunderbird and the Mercedes-Benz 300SL, Chevrolet was serious about putting its adversaries in the Corvette’s tire tracks, and the arrival of engineer Zora Arkus-Duntov to the team fortunately meant a sharpened focus on racetrack-quality performance. The Corvette was soon available with an array of high-performance V8s, including a dual four-barrel carburetor setup good for 270 horsepower, and a fuel-injected version with 283 horsepower – a laudable one horsepower per cubic inch. This increase in power necessitated other optional upgrades to round out the sporty two-seater’s performance, including heavy-duty racing suspension, front brake air scoops and finned brake drums as found in Regular Production Order (RPO) 684.

With an intimidating front-end chrome grill that resembled a shark’s mouth, the roadster ate up the competition. In fact, it was promoted as one of the fastest production cars of its time. Published data of the day illustrated a 283/250 fuel-injected example achieving 0-60 mph acceleration in 5.7 seconds and the quarter mile in 14.3 seconds.

The 283/250 example offered here was acquired by R.E. Monical about eight years ago. It is an original, correct-numbers fuel-injected car as confirmed by the original engine stamping “F702EM,” wherein “EM” denotes the 250-hp fuel injected engine with manual transmission – a $484 option when new. The Rochester FI unit carries part number 7024520, which was the second version utilized by Chevrolet on the 1957 Corvette. This is not only the correct part number for this car; it is also believed to be the original unit. The optional manual transmission added an additional $188.30 to the price tag.

Finished in Venetian Red with beige coves and a red and beige interior, this example is well appointed. It features the desirable Wonderbar radio, plus a clock, emergency brake warning light, spinner wheel covers, and the vastly preferable four-speed transmission (one of 664 installed). Also of note, 931 ‘57 Corvettes were ordered with the RPO 491 auxiliary hardtop in place of the soft top, and this is believed to be one of those examples. In the day, this Corvette’s overall cost would have been more than $3,875 compared to $2,611 for a base Bel Air convertible.

Recently, the staff at the Monical Collection removed the fuel injection unit and had it completely and correctly rebuilt. Today the fuel-injection system functions extremely well, and the engine runs as it should. Although the body-off restoration is now about 17 years old, this Corvette remains in excellent condition with paint and chrome finishes appearing fresh. Only nine miles have turned on the odometer since completion. The engine and its surrounding bay are tidy with very nice details, the underbody is clean, the trunk is neat, and the chrome is very presentable. Additionally, the body fit is quite good for a Corvette of this vintage.

SCM Analysis

Detailing

Vehicle:1957 283/250 Fuelie Convertible
Years Produced:1957
Number Produced:182 (250-hp manual transmission)
Original List Price:$3,875
SCM Valuation:$60,000–$115,000
Tune Up Cost:$500
Distributor Caps:$19.99
Chassis Number Location:VIN plate on the steering column
Engine Number Location:Pad on front of block below right cylinder head
Club Info:National Corvette Restorers Society 6291 Day Road Cincinnati, OH 45252
Website:www.ncrs.org
Alternatives:1957 Ford Thunderbird 1959 Jaguar XK150
Investment Grade:A

This car sold for $68,200 at Worldwide Auctioneers’ Houston Classic Auction in Houston, Texas on May 1, 2010.

The fuel-injected 1957 Corvette is one of those Holy Grails that is not only on most Corvette collectors’ short lists, but also the short lists of “non-Corvette” car lovers as well. That’s because the ‘57 Fuelie has that rare recipe of performance and style, with a sprinkling of mystique, which makes it one of the most valuable Corvettes in history.

But not all fuel-injected ‘57s were created equal. John Dolza designed the mechanical injection, which was manufactured by GM’s Rochester division, with racing in mind. Not only was the system good for roughly 10 horsepower over an identical dual-quad engine, but it cured the flooding or starving that high-speed cornering and braking could induce in carbureted power plants.

Yet on the street, Fuelies could be difficult to start when cold (though later versions were improved), and few mechanics could work on the complex system. But 756 ‘57 Corvette buyers lived with those idiosyncrasies to have the fastest car in town.

Here the plot thickens, or perhaps dilutes is a better term. For the Monical Collection car, while a genuine 1957 Fuelie, is not one of those storied one-horsepower-per-cubic-inch 283/283 wonders. Instead, it’s one of the detuned 250-hp versions introduced the same year. RPO 579A (for manual transmission) and 579C (for automatic) was essentially the cruising 245-hp engine with the addition of fuel injection. That’s right Elvira, you could actually team the low-output 250-hp Fuelie engine with the plebian two-speed Powerglide slushbox, which is an arrangement never offered with the potent 283-hp fuel-injected version.

What was Chevrolet thinking when it created the 250-hp Fuelie? In all likelihood, this was targeted as a “wife’s car” – a civilized Fuelie with the panache of fuel injection and the ease of use of an automatic. Though perhaps a defensible strategy for gaining incremental sales over the likes of Ford’s more feminine Thunderbird, in fact the 250-hp model cost as much as the “real” 283-hp cars. Just 182 manual and 102 automatic versions were built for 1957. Even so, Chevrolet continued this largely unloved option through the 1960 model year, when only 100 were ordered. It’s like Chevrolet selling a detuned ZR1 for lady drivers today – a concept that just doesn’t add up.

The Monical Collection ‘57 is nicely restored, but with a large portion of originality remaining, including the original fuel-injection unit. That’s rare, since back in the day many Fuelie owners replaced the cantankerous systems with tried-and-true carburetors. But at the end of the story, what was unpopular in 1957 is just as unpopular today. Without the pedigree of Bloomington Gold Survivor certification, $68K is about all anyone could realistically expect from this Corvette. Well sold

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