BK in Georgia submitted this 1978 Silver Anniversary Corvette to Corvette Values:
1978 Corvette T-Top Coupe. VIN: 1Z8748S427XXX Silver Anniversary model, L82 350/220 hp. Automatic transmission. 17,800 original miles. Power steering, power brakes, power windows, AC, tilt-tele steering column, factory wheels. Two-tone silver anniversary paint in good condition as is the interior. No documentation.
Find out how we valued this Corvette after the jump.
In addition to the hood from the #4 Corvette C6.R that was sold for $3,000, several other parts from the race cars were auctioned by Corvette Racing’s Doug Fehan and Ambassador Ron Fellows at the Corvette Corral at the 12 Hours of Sebring. The money raised was donated to Motorsports Ministries, an organization offering non-denomination services at the track since 1985.
[VIDEO] Corvette Racing Auctions a C6.R Hood at the 12 Hours of Sebring
[VIDEO] Doug Fehan’s Corvette Racing Presentation at the 2010 12 Hours of Sebring
[VIDEO] Interview with Corvette Racing’s Doug Fehan at Sebring
Corvette Racing’s Doug Fehan and Ambassador Ron Fellows auction the hood of the #4 Corvette C6.R at the Corvette Corral at the 12 Hours of Sebring. The money raised was donated to Motorsports Ministries, an organization offering non-denomination services at the track since 1985.
RM Auctions is holding their Collector Cars of Fort Lauderdale auction this weekend. Over 30 Corvettes are scheduled for the auction with some of the featured lots coming from the estate of automobile collector John O’Quinn. One of these is Lot #740, a 1955 Corvette roadster featuring one of the most unique aftermarket accessories ever made for the early C1 Corvettes: A removable “bubble top” hard top.
The first retail 2011 Corvette Z06 Carbon Limited Edition will be auctioned to the highest bidder at Barrett-Jackson’s Collector Car Event in Palm Beach, Florida on April 3rd. The Winning bidder will also be able to tour the GM Performance Build Center in Wixom, MI where the hand-built LS7 and LS9 engines are assembled and the winner can watch the car be assembled at the Corvette Assembly Plant in Bowling Green.
In our final installment of our analysis of the 2009 Corvette market, we present an overview of the Corvette values by generation as documented by our Corvette pricing guru Bob Kroupa of VETTE-N-VESTMENTS.
In previous years, we were able to break up our annual market analysis into two top 10 lists of Corvettes that were appreciating and those that were depreciating. But 2009 wasn’t kind to Corvette values and the days of double-digit growth appear to have gone by the wayside for the foreseeable future. Our Corvette Values expert Bob Kroupa of VETTE-N-VESTMENTS takes us through the numbers, so grab a tissue and gird your loins before clicking the “more” button because it ain’t pretty.
Talking with many longtime Corvette collectors and dealers, there is one thing we can finally all agree on: This market sucks for Corvette values. Like the banking, housing and automotive sectors, the effects of this stagnant economy have finally permeated down to the collector car market which includes Corvettes. But for buyers (and we know you are out there) there couldn’t be a better time to make that purchase than right now. But you need tools and research to make an informed buying decision and so we are pleased to announce the availability of the 2010 Corvette Pricing Guide.
Corvette sales hit a new low last month with just 624 Corvettes delivered during February 2010. That’s a decline of -39% from February 2009′s 1,027 sales figure and -26.9% off of January 2010′s 854 deliveries. A shortened selling period of 24 days combined with several winter storms that blanketed much of the country is to blame for the decline.