After the tsunami of activity surrounding the Woodward Dream Cruise, Corvettes at Carlisle, and Labor Day weekend, we’ve finally had a chance to study up on the sales data from the Monterey auctions last month. Each of the 5 major auction houses realized a healthy bump in sales numbers over 2011. Included in their plump figures are several pricey Corvettes.
Mecum Auctions will offer roughly 165 Corvettes for sale this week as part of their 2nd annual Dallas auction. The event kicks off Wednesday, September 5th and runs through Saturday, September 8th. The venerable Velocity crew will have 18 hours of live auction coverage from the event. According to the Mecum website over 900 total cars are currently consigned and Corvettes make up almost 20% of the docket. Our list of Dallas favorites resides just beyond the Read More button below.
Back in May, a seller on eBay was auctioning a 1967 Corvette that belonged Neil Armstrong, American astronaut and the first man to walk on the moon. With the passing of the American hero on August 25, 2012 at the age of 82, there has been renewed interest in the Sting Ray.
If you were at the Woodward Dream Cruise over the weekend, you may have seen the 1958 Regal Turquoise Corvette that’s going on the auction block soon to help breathe new life into Detroit.
General Motors Chairman and CEO Dan Akerson had his 1958 Corvette on display at the Dream Cruise after earlier announcing that he’ll donate proceeds from the sale to Habitat for Humanity Detroit, which is trying to bring the Morningside Commons neighborhood on the city’s lower east side back to life.
All eyes of the collector car world are focused on California this week as Monterey Week 2012 gets underway. Each year thousands of collector car enthusiast head west to participate in the weeks’ activities which culminate at the esteemed Pebble Beach Concours d’Elegance. Included in the car shows, race car reunions, and road rallies are 5 high-end collector car auctions. Mecum, RM, Russo and Steele, Gooding and Company, and Bonhams all are holding events this week. Our handy guide to those Monterey auctions awaits you after the jump.
We first told you about the Corvette-based SV 9 Competizione back in the summer of 2009. At that time there were plans to build as many as 1,000 of the custom coaches for just under $100,000 apiece. That was before SV Motors’ boss was indicted on investment fraud charges. It appears that just 4 of the carbon fiber-bodied cars were ever built. You’ve got your chance to score one member of that quartet at Mecum’s Monterey auction next week in California.
As we rapidly close in on the middle of August we also close on in the annual auction frenzy that takes place during Monterey Week. Over the next several days we’ll take a look at some of the unique Corvettes being offered next week in California. First up is the legendary Owens-Corning L88 Racer. The car, generally considered to be the most successful racing Corvette of all time, is being auctioned at RM’s Monterey sale on Friday, August 17th. Get your banker on the phone now as this one won’t be cheap.
During the run-up to the sale of the 2009 Corvette ZR1, we saw many buyers turning to eBay to secure their chance to buy the 638-horsepower sports car. Both dealers and individual sellers jumped into the fray and we saw some outrageous auctions designed to play off the hype and “want factor” of those who wanted to be among the first to own.
That’s all well and good when the car is actually in production and for sale, but here is a case of an individual attempting to auction a 2014 C7 Corvette – the next generation Corvette that’s not expected to arrive at dealers for another year or so.
General Motors released the July 2012 sales report this week and the data shows 987 Corvettes were delivered during the month. This is a huge decline from June 2012 where 1,475 Corvettes found new homes, however it was somewhat expected with the extended July shutdown at the assembly plant.
Comparing July 2012 sales to July 2011′s number of 1,291 Corvettes sold, deliveries are off a whopping -23.5%. For the calendar year to date, a total of 8,009 Corvettes have been sold which is pacing -2.2% off of 2011′s CYTD 8,187 sales figure.