Drowned C7 Corvette Stingray To Be Sold at Auction

Jun 4, 2014

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Drowned C7 Corvette Stingray To Be Sold at Auction

A lot of us Corvette owners make a point to get home pronto if it just looks like it might sprinkle on our beloved cars.

But apparently not all of us.

A few days ago, we told you about a Torch Red 2014 Corvette that took some “swimming lessons” as the driver tried to cross a flooded road – rather unsuccessfully, we might point out.

The car was apparently a total loss, and now Insurance Auto Auctions, Inc., based in Ohio, already has the Stingray listed on its website (along with five other unfortunate wrecked 2014 models).

The actual auction date in Cleveland, Ohio, has not been set yet by Insurance Auto Auctions, Inc., but the company estimates that the repair costs could be a whopping $56,586.

We have no details on the extent of the damage, but IAA does say that the car’s digital displays don’t work. Somehow they were able to ascertain that the Stingray had covered just 1,800 miles before its untimely “drowning,” proof once again that low-mileage doesn’t always translate into a great car.

On the bright side, the body appears to be in good shape, though, so it’s possible that the bulk of the damage will be in repairing the soggy, probably mildewed-by-now interior, fancy electronics, and maybe the LT1 engine. Of course, those are definitely some high-dollar items to be fixed.

We’re wondering if someone might be smart to buy all six of the wrecked Stingrays IAA has listed on its website and piece together a couple of good Corvettes from the parts.

On the other hand, the market price for salvaged Stingrays isn’t going to be nearly as high as an unscathed car, so we’re wondering if it’s even cost-effective to invest so much money in a car that will always have a stigma attached to it.