Looks like the Chevy Corvette will be headed back to the UK starting in May 2011 according to several online sources. Chevrolet’s flagship sports car will be imported by Chevrolet UK and sold at select dealers alongside the Camaro.
I have been informed by several readers that the first L88 Corvette did sell at $1.25 million at the Mecum at Monterey auction. A review of the mecum.com results confirms this. I apologize for the error.
The first documented L88 Corvette sold at the Mecum at Monterey auction yesterday afternoon for $1,250,000. The mid year was the first documented 427/430 hp Corvette that was campaigned by Tony DeLorenzo in the SCCA A Production class. Years later the Corvette was restored and won awards from Bloomington Gold and the NCRS.
Noted Corvette collector and baseball legend Reggie Jackson will be offering four Corvettes at the Mecum at Monterey auction on August 13-14th at the Hyatt Regency Monterey Hotel and Spa. The four cars include two 1967 L68 427/400 Corvettes and two straight axle C1s. The Corvettes are part of Jackson’s 16-car sale at the Monterey auction.
Longtime Chevrolet dealer Bob McDorman is well known for his impressive collection of Corvettes and other significant Chevys. He owns one Corvette of every model year from 1953 through 2010. Also included in his collection are 12 VIN #1 Corvettes and other low serial number Corvettes, as well as several previous celebrity-owned Corvettes from the likes of Burt Reynolds, Apollo 13 astronaut Jim Lovell and my cousin Leanza Cornett, who was Miss America in 1993.
For many collectors, the L71 powered 1967 Corvette convertible is the must-have Corvette to own. With 435 horses under the hood, the 1967 Corvette is considered the pinnacle of classic Chevy performance. But the discriminating buyers at Monterey won’t accept just any 1967 Corvette so Russo and Steel is obliging by offering this 1967 Corvette Convertible “Survivor” at its 10th Anniversary Monterey auction at the Marriott Hotel in downtown Monterey. Like the old saying goes, “It’s only original once!”.
Next up in our Countdown to Monterey series is this 1953 Corvette Roadster from the estate of noted collector John O’Quinn. O’Quinn died in a traffic accident and RM Auctions has been charged with liquidating much of his collection which includes several unique and rare Corvettes. It’s been a while since we’ve seen a quality first year Corvette at an auction, but RM Auctions is sure to have a winner with Lot #239, this stunning 1953 Corvette Roadster #199.
GM released the sales figures for July this morning and for the first time since 2006, we have two consecutive months of growth in Corvette sales. While June 2010′s sales increase was a paltry 0.6%, July 2010 showed better results with a 19.5% sales increase over July 2009′s sales. Last month 1,199 Corvettes were delivered, 233 more than July 2009′s Corvette sales. For the calendar year to date, sales are 7,554 Corvettes delivered which is now just -10.8% off the 8,464 Corvettes delivered during the same time period last year.
Last time we were on the subject of Corvettes painted green, we were talking Dark Bowling Green Metallic and the color similar to that which was featured on the Allstate 400 Corvette Grand Sport that ran at the Brickyard a couple weekends ago. Well, today we’re going to take you the opposite direction with a color so green, you’ll either love it or hate it. Here is a custom 2010 Corvette Grand Sport offered for sale by Colorado Chevy Dealer Purifoy which borrows the limited edition Synergy Green from Camaro and gets all crazy with it. You think that exterior is bold, when you see Jake embroidered on the seats, you’ll be green with envy.
Most of the major automotive auction houses will be decending on Monterey, California in mid-August for a weekend full of classic and collector car sales. We’re reviewing the dockets and selecting the best of the best to present to you here on CorvetteBlogger.com.
First up in our Countdown to Monterey series is Lot #S125 from the Mecum at Monterey auction. This 1967 Chevrolet Corvette Convertible features the 427/430 hp tri-power L88 engine and is documented to be the very first RPO L88 built. In 1965, Zora Arkus-Duntov’s Engineering group began developing the new 427 Mark IV engine for use in the Corvette as a full-bore endurance racing engine, and in 1967 their work came to fruition in the form of the RPO L88 option package.