GM reported March sales of America’s sports car set its best mark in three months with 955 Corvettes delivered. That mark is 331 more than February and 101 more than January. We’re glad to see the figure moving upwards but calendar year to date sales (Jan-Mar) are still -20% down from the same time period a year ago.
The Barrett-Jackson Collector Car Auction this weekend in Palm Beach sort of snuck up on me so I’m sorry I didn’t get the schedule published sooner. The Palm Beach auction features 48 Corvettes and 1 Corvette-powered boat. The three day auction is being carried on the SPEED network and you’ll also be able to watch online. Like always, we’re working with SPEED to bring you some of the best and most interesting auctions.
RM Auctions held their Collector Cars of Fort Lauderdale event last weekend which featured 36 Corvettes. Auction results show 23 of the 36 Corvettes were sold for a sales success rate of 64% and total sales topped $1,186,700. Many of the Corvettes came from the estate of collector John O’Quinn and those were sold without reserve.
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.