Once again, GM has stepped up to the plate to do something good for the neighborhood. During Saturday’s broadcast of the Barrett-Jackson collector car auction, a beautiful 2008 Corvette Z06 427 Special Edition was offered for sale with 100% of all proceeds going to the Red Cross for their relief efforts in Haiti. Joining the Red Cross representatives on the stage was GM VP of Global Design Ed Welburn.
As with many of these limited special edition Corvettes, a meaningful sequence # is all it takes to get collectors salivating. In the case of this limited edition 2008 Corvette Z06 427 model, the sequence is #427 of 427 cars built. I don’t think I need to go into the history of what “427” means to Corvette enthusiasts. The fact that this one is both the number of the sequence and the name of the limited edition is enough. Each of these Crystal Red Metallic 2008 Z06s was signed by now retired Bowling Green Assembly plant manager Wil Cooksey. This particular car is considered new and has just 15 miles on the odometer.
The 427 edition Corvette reached $190,000 with noted Corvette Collector Dave Ressler being one of the buyers in the mix. In the end, the Corvette was sold for $200,000 with all funds going to the Red Cross. As with their charity auctions, Barrett-Jackson waives buyer and seller fees so the full amount goes to the cause. Although Ressler didn’t end up with the Corvette, he still offered a sizable contribution to the Haiti relief efforts.
GM’s participation in helping raise funds for Haiti despite its own financial issues is to be commended as well as the buyer who stepped up and paid $120,000 over the original $80,000 MSRP.