The monthly sales report came out last week while we were at the SEMA show so we’re just now getting around to taking a look at it. The news isn’t great as sales of Corvettes in October slipped to 946 for the month. That is a -6.4% decline from sales in October 2010. For the calendar year-to-date sales, Corvettes sales are still pacing at 3.8% more than 2010 with 11,216 Corvettes sold January-October.
The title on the Dallas Craigslist ad simply reads “1999 Chevrolet Corvette Yellow 8 Cylinder Automatic Coupe – $104,900”. Savvy internet searchers will immediately notice the $105k price tag and wonder what kind of C5 can merit such a lofty sum. Well, this one can as it’s one of the 19 Callaway C12’s built in 1999. Click past the jump for more on this rare bird.
If your looking for a project C3 or C4 Corvette, check out this auction of over 100 salvage Corvettes that will be sold on Saturday in Forest City, North Carolina. Whittington Auction and Appraisal is handling the gavel duties for this collection of mostly insurance salvage Corvettes and parts. The sale is actually the first of two auctions with the second part dealing with thousands of used original Corvette parts.
1978 was a special year for Corvette. Not only was the sports car celebrating its 25th Anniversary, it was chosen to pace the Indianapolis 500. GM celebrated the event with a special Indy 500 Pace Car replica, a fully optioned Corvette painted Black and Silver and featuring silver interior and polished aluminum wheels. When the Wall Street Journal published a front page story on March 27,1978 reporting on the special edition Corvette, prices went wild and many of the 6502 replicas were purchased as investments by collectors.
At the 1954 Motorama, GM unleashed three Corvette-based concept cars onto the show circuit. Dubbed the Convertible Coupe, the Corvair, and the Nomad, the trio caused a stir when they debuted in New York in January of 1954. As we all know, the Nomad made it to production a couple years later, but in a non-Corvette form. If you always wanted to own the original Nomad, get your bidding fingers ready to bid on this recreation currently listed on eBay.
Vette Testarossa – $16500 (las vegas)
Found that headline while browsing Craigslist this week and for some reason, I got a kick that out of all places, the car is in Vegas. Now its got to stay there, right? Our black faux-testarossa sits on a 1984 Corvette chassis and the merged kit car looks to be well executed, down to the prancing horse logo on the rear. If you’ve got $16,500 or a 2000 or newer limousine to trade, the Vette Testarossa could be yours!
A ton of excitement was generated on Saturday afternoon at Mecum’s inaugural auction in Dallas. Of the 116 L88 Corvettes that were built in 1969, the black coupe that hit the auction block this past Saturday may be one of the finest examples of them all. An all original Corvette, the Black L88 coupe dominated the attention of bidders and its stong selling price at $562,500 set the high sale of the entire auction.
When the 1984 Corvette was introduced, it was the pinnacle of Chevy performance at that time. But unfortunately, time hasn’t been all that good to the first models of the C4 generation. Some blame the 205 hp cross-fire engine that powered the early C4 Vettes while over-production pushed the number of them available to over 51,000. Regardless, as far as Corvettes go, there are a number of these cars out there and so sellers will sometimes get creative on how to best present them for sale.
The team at Mecum Auctions heads to Texas this weekend for their inaugural Dallas sale. The auction runs Thursday, October 6th, through Saturday the 8th at the Dallas Convention Center. Velocity (formerly HD Theater) will have 14 hours of live coverage of the action. As is tradition, check out our favorite Corvettes up for grabs this weekend in Dallas after the break.
We got the new monthly sales figures for September this week and Corvette sales have rebounded from the 936 deliveries made in August to 1,147 Corvettes delivered in September. Corvette sales saw a 3.4% increase over September 2010′s sales which totaled 1,109. For the year to date calendar, Corvette sales are pacing at 4.8% higher than 2010 as well.