Listed over this past weekend is a 1975 Chevrolet Cosworth Vega Hatchback Coupe you can find here on Craigslist in Sea Cliff, New York (Long Island) where the second owner has it listed for a firm $12,000. Using the Hagerty Insurance Online Valuation Tool as a guide, the second owner has his Vega priced halfway between the #2 “Excellent” estimate of $15,800 and the #3 “Good” level of $9,000.
As Chevrolet prepared to launch its new Vega for the 1971 model year, GM’s general manager and vice-president John DeLorean tasked engineers to develop a high performance version of the innovative new, all aluminum four cylinder much in the same vain he helped create the Pontiac GTO seven years earlier. GM turned to British racing engine builder Cosworth for help with the project. Unfortunately, the unsleeved all-aluminum engine block turned out to be an unreliable mess. Chevrolet was forced to spend time over the next several years figuring out how to make the engine more reliable. Consequently, the high performance Cosworth-powered Vega did not debut until the 1975 model year. With a base price only $900 below the Corvette at the time, Chevrolet only managed to sell 3,508 examples between 1975 and 1976 of which only several hundred are thought to remain today.
The seller states that he is the second owner of his Cosworth Vega and after seven years of being its caretaker he feels it is time to move on to something else. The seller the original bill of sale as well as the build sheet documenting his car is #0718 out of 3508 built.
In addition to stating his Florida-titled car has no rust, he also details a number of new recent new parts in his post, most notably the car now is running the hard to find special high performance Weber Carburetor set-up built by Hutton Engineering of Tennessee.
The seller states his Vega has a “nice clean original interior with a repaired original radio.” We would tend to agree based on the lone picture provided.
We love the black and gold livery of this example as this became a very popular color combination at the time (think Pontiac Trans Am). With several aftermarket companies specializing in keeping these rare engines alive, this Cosworth Vega makes an interesting fun-to-drive alternative that will get noticed at any car show you drive it to. Good luck with the purchase!