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Auction Results: 1988 35th Anniversary Corvette Sells For Record High

by Keith Cornett on April 9, 2009

1988 35th Anniversary Corvette

Only 9% of the Corvettes manufactured in 1988 received the Z01 35th Anniversary Package and the example that sold today at Barrett-Jackson’s Palm Beach auction could quite possibly be the nicest one in existence.

The 35th Anniversary Package featured a white exterior with white wheels, white seats and steering wheel as well as special emblems and a console mounted plaque. 2,050 Coupes were produced at an extra cost of $4,795 over the $29,489 base price.

1988 35th Anniversary Corvette 1988 35th Anniversary Corvette 1988 35th Anniversary Corvette

Lot #38 was an original one owner Z01 optioned Corvette with only 682 miles. The 350/245 engine was coupled to a rare 4-speed manual transmission (MMF), an option chosen only 19%. For 21 years the Corvette was stored in a climate controlled environment.

The 35th Anniversary Corvette hammered home for $37,500 and with commission the final sales price was $41,250. This easily beats the high price for a 35th Anniversary edition of $32,100 at an RM Auction held in 1998 in Monterey as listed in the VetteMarket.com CP database.

Our Corvette Price Guide’s 2008 high for a 35th Anniversary Coupe was $28,000. In addition, the one year appreciation shows 1% growth over the previous year.


Source:
Barrett-Jackson Collector Car Auction

Related:
Corvette Auction: 2009 Barrett-Jackson Palm Beach Preview
Corvette Auction: GM to Sell Part of Heritage Collection
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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