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February 2009 Corvette Sales

by Keith Cornett on March 3, 2009

GM released its sales figures today that show 1,027 Corvettes were delivered in February 2009. While the sales number is down 50% over February 2008′s 2,071 Corvettes delivered, the good news is that this is a 22% increase over the paltry 842 Corvettes delivered in January 2009.

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eBay Find of the Day: Vintage 1957 Corvette Race Car

by Keith Cornett on February 26, 2009

Ebay Find of the Day: 1957 Corvette Race Car

Here is yet another Corvette race car that’s now for sale. This 1957 Corvette roadster was raced back in the sixties and seventies but its most successful campaign came in 1998 when the owner competed in and won the SVRA Paine-Weber Endurance Championship.

Powered by a 283 cubic inch V8 built by Compton Race Engines, this yellow roadster is ready to race. The Corvette underwent a restoration following the 2006 season and is currently set up for competition as a vintage racer. In addition to the new 283 ci V8, the roadster features an upgraded T-10 transmission, new ram clutch, drive shaft and flywheel. A holly 750 delivers the fuel from an ATL 40 gallon fuel cell and cold air box insures plenty of oxygen to the powerplant.

On the outside, the Corvette was repainted in Chrome Yellow and has white racing stripes, racing numbers, grill bar and new ovals. The Corvette can be raced with or without its included hardtop.

1957 Corvette Race Car 1957 Corvette Race Car 1957 Corvette Race Car
1957 Corvette Race Car 1957 Corvette Race Car 1957 Corvette Race Car
1957 Corvette Race Car 1957 Corvette Race Car 1957 Corvette Race Car

We asked our friends at the Registry of Corvette Racecars for an honest opinion about the C1 roadster and they didn’t disappoint:

Keith – This is one of the better prepared straight axle vintage racers. The only thing holding back its value is lack of documented racing history. That would put it in a class with Bob Mouat’s 1957 COPO Air box Fuelie and other straight axles that were actually raced, most of which we know well and are now sitting in museums.

Mac Lyle of Rock Hill, SC built the car. I have not seen it on the circuit since 1998 when they blitzed the SVRA to win the Paine-Weber Endurance Championship.

The downside is that the car is way too race improved and would probably not be allowed in the Monterey Historic. And although it would be a fun car to drive in SVRA or HSR races, the asking price of $65K seems a bit steep compared with what else that will buy to go vintage racing.

Jan Hyde – Registry of Corvette Racecars

So that being said, here’s your chance to own a vintage Corvette race car that’s track ready. The current bid is $25,427 and the Corvette has a “Buy It Now” price set at $65,000. The auction runs ends Saturday.


Source:
eBay

Related:
Auction Preview: 1957 COPO Air-Box Fuelie Corvette Racer
Auction Preview: 1965 Caplan/Gulstrand Corvette Racer
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
Breaking News: Corvette Grand Sport #002 Fails to Reach Reserve

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Friday’s Featured Corvettes for Sale

by Keith Cornett on February 20, 2009

1967 Corvette Convertible for Sale at VetteFinders.com

Refuse to participate in this recession! The market continues to reward Corvette buyers who are finding wide selections and motivated sellers. Now is the time to find your dream Corvette now that the market has cooled and values are resetting.

You’ll find the greatest selection of new and classic Corvettes at VetteFinders.com, the Internet’s original Corvette classifieds website. The beautiful C1-C6 examples you see here are just a sample of the 500+ Corvettes available now. Want to learn more? Click on the photo or link to read the full ad, view more photos and contact the seller.

1959 Corvette Convertible For Sale 1963 Corvette Convertible For Sale 1982 Corvette coupe For Sale
1959 Convertible
Email for Price
1963 Convertible
$54,950
1982 CE T-Top
$17,900
 
1994 Corvette Coupe For Sale 2001 Corvette Coupe For Sale 2008 Corvette Coupe For Sale
1994 Coupe
$13,995
2001 Z06
$20,995
2008 Coupe
$40,995

Selling Your Corvette? Now is the time and VetteFinders.com is the place to reach more qualified Corvette Buyers. Corvette Classified Ads are only $25 and run for 3 months. You can post unlimited photos and you have access to make any changes at any time.


Source:
VetteFinders.com

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C3 Corvette Coupe at RM Auction

RM Auctions was in South Florida earlier this month with 34 Corvettes for the two-day Collector Cars of Fort Lauderdale event. Unfortunately buyers were tight with their checkbooks and only 12 Corvettes sold bringing in a total of $707,025 in Corvette Sales.

Top seller was a 1963 Corvette Convertible Fuelie which sold for $110,000. Two Corvettes were bidded up to over $100,000 but resulted in no sales. A 1953 Corvette Roadster (VIN Unknown) reached $235,000 and a 1962 Corvette Roadster was a no sale at $130,000.

Here are the results for Corvettes at RM’s Collector Cars of Ft. Lauderdale:

LOT # YEAR MODEL DESC HIGH SOLD
SP75 1953 Corvette Convertible $235,000  
NR47 1954 Corvette Convertible   $57,200
SP86 1957 Corvette Convertible FI   $80,300
SP57 1958 Corvette Convertible $60,000  
SP69 1959 Corvette Convertible   $57,200
455 1960 Corvette Convertible $60,000  
SP118 1960 Corvette Convertible   $55,000
169 1962 Corvette Convertible $30,000  
SP60 1962 Corvette Convertible $130,000  
SP28 1963 Corvette Coupe FI   $110,000
426 1964 Corvette Convertible $32,000  
618 1964 Corvette Convertible $27,000  
SP90 1964 Corvette Convertible FI $57,500  
464 1964 Corvette Coupe $36,000  
SP48 1964 Corvette Coupe $70,000  
408 1964 Corvette Coupe   $64,900
445 1964 Corvette Coupe   $45,100
624 1965 Corvette Convertible $40,000  
SP95 1966 Corvette Coupe 427/390 80,000  
SP79 1966 Corvette Convertible 427/425 $90,000  
NR27 1966 Corvette Coupe Tanker   $52,250
447 1967 Corvette Convertible 427/435 $60,000  
SP31 1967 Corvette Coupe   $96,800
173 1969 Corvette Convertible   $35,200
433 1969 Corvette Convertible $32,000  
SP58 1970 Corvette Convertible $29,000  
105 1971 Corvette Convertible $16,500  
NR57 1971 Corvette Convertible   $17,600
623 1971 Corvette Coupe $21,000  
SP93 1972 Corvette Convertible $29,000  
414 1972 Corvette Coupe $18,500  
117 1982 Corvette Coupe $16,000  
432 2004 Corvette Convertible $61,000  
423 2005 Corvette Coupe   $35,475

RM Auctions will return to Florida next month for the prestigious Automobiles of Amelia Island auction at the luxurious Ritz-Carlton Hotel on March 14th, 2009.


Source:
RM Auctions

Related:
Mecum’s 2009 Kissimmee Auction Corvette Sales Top $3.95 Million
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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Auction Preview: 1957 COPO Air-Box Fuelie Corvette Racer

by Keith Cornett on February 17, 2009

Auction Preview: 1957 COPO Corvette Racer

Another week, another vintage Corvette race car hitting the auction block. We received word today that the ex-Bob Mouat 1957 Corvette COPO Air-Box Fuelie will be joining the 1965 Corvette 8-Ball Cobra Killer at Worldwide Auctioneer’s Houston Classic on Saturday May 2nd.

This 1957 Corvette was delivered new to Bob Mouat in 1957 and raced until 1965 achieving 21 victories and over 50 top ten finishes. Extensively documented, its one of 23 Air-Box examples known and this is only one of six factory COPO Airbox Corvettes aquired by known racing drivers.

Vette Magazine called the race car “an open-track threat right off the assembly line”. Worldwide Auctioneer’s Managing Partner John Kruse says “this splendid, factory big brake, ‘Air-Box Fuelie’ example is the most extensively raced and well documented ’57 Corvette race car of all time.”

Other notable Corvettes available at the Houston Classic include the 1965 Caplan/Gulstrand Corvette Racer aka the 8-Ball Cobra Killer, the ex-Alan Sevadjian, John Mecum 1967/74 Corvette “Delmo Johnson Racecar”, a numbers matching 1968 Corvette L89 roadster offered at no reserve and a 1954 Corvette roadster.

The 5th Annual Houston Classic will be held at the Lakewood Yacht Club in Seabrook, TX on Saturday, May 2nd. Visit Worldwide Auctions for more details.


Sources:
Worldwide Auctions

Related:
Auction Preview: 1965 Caplan/Gulstrand Corvette Racer
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
Breaking News: Corvette Grand Sport #002 Fails to Reach Reserve

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Auction Preview: 1965 Caplan/Gulstrand Corvette Racer

by Keith Cornett on February 4, 2009

1965 Caplan/Gulstrand Corvette Racer

Vintage race Corvettes with provenance are selling at record numbers and we now have word of another significant Corvette racecar set to hit the auction block in May. The 1965 Corvette roadster nicknamed the “8-Ball Cobra Killer” was one of the most dominating Corvette race cars of its day. The Corvette will be a winner once again as its offered for sale at the 5th Annual Houston Classic Auction hosted by Worldwide Auctioneers.

The 1965 Corvette was owned and raced by Herb Caplan alongside the legendary Dick Gulstand. One of the most dominating cars at the time, the 8-Ball Corvette saw most of its action on the west coast and won 46 of 49 races in a single season. Today the Corvette is restored to its original 1966 race specs.

1965 Caplan/Gulstrand Corvette Racer 1965 Caplan/Gulstrand Corvette Racer

The 5th Annual Houston Classic will be held at the Lakewood Yacht Club in Seabrook, TX on Saturday, May 2nd. Visit Worldwide Auctions for more details.

Sources:
Worldwide Auctions
Photo Credit: Toshi Akatsuka, courtesy of Worldwide Auctioneers

Related:
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
Breaking News: Corvette Grand Sport #002 Fails to Reach Reserve

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January 2009 Corvette Sales

by Keith Cornett on February 3, 2009

GM released the first sales figures for the new year and for the first time since we started keeping track in 2006, Corvette deliveries dropped below 1,000 units to close at 842 for the month of January. Unfortunately for both GM and the assembly workers in Bowling Green, 842 Corvette sales does little to alleviate the supply of Corvettes on the ground and the slow sales could force the company to keep the factory’s doors closed longer than planned.

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1957 Corvette Roadster

The 2009 Mecum Kissimmee Auction was without a doubt a success with 160 Corvettes crossing the block over the 3 day event. Corvette sales totaled $3.95 million and with 82 Corvettes sold, Mecum’s Corvette sellers enjoyed a 51% success ratio. We also enjoyed the new facilities which allowed Mecum to move in-doors and create a much more visitor friendly event.

Six Corvettes crossed the $100,000 threshold with the 1963 Corvette Z06 “Gulf One” racer bringing in $1.05 million. Second on the list was another race car, the 1969 L88 COPO Convertible, which sold for $305,000. Rounding out the top three was a 1957 Corvette powered by a 283 ci fuelie that sold for $250,000.

There were bargains to be had as well during the weekend. Two numbers matching 1966 Corvettes powered by 427/425 big blocks sold for $52,000 and $55,000. Bob McDorman sold the last C5 convertible, a 2004 Commemorative Edition with just 2600 miles for $32,500. Also on our good buy list was a 1973 Corvette Coupe driver that sold for $10,000.

Here is the SOLD list from Mecum’s Kissimmee auction:

Lot Year Model Sold Price
T34 1966 Corvette Coupe 427/390 HP, 4-speed Manual $62,000
T94 1996 Corvette Coupe $9,000
T99 1993 Corvette Coupe $7,500
T106 1974 Corvette Coupe 350 CI, Automatic $6,200
T107 1968 Corvette Coupe 427/390 HP, 4-speed Manual $20,000
T110 1966 Corvette Coupe 427/425 HP, 4-speed Manual $47,000
T111 1961 Corvette Convertible 350 CI, 4-speed Manual $30,000
T112 1971 Corvette Coupe 350 CI, Automatic $12,500
T113 1971 Corvette Convertible 454/365 HP, 4-speed Manual $33,000
T114 2004 Corvette Convertible $25,000
T126 1968 Corvette 327/300 HP, 3-speed $25,500
T129 1992 Corvette Convertible $16,000
T139 2000 Corvette Coupe Lingenfelter, 346/650+ HP Twin Turbo $34,500
T145 1959 Corvette Convertible 283/230 HP, Automatic $54,000
T166 1964 Corvette Convertible 350/310 HP, Automatic $35,000
T167 1978 Corvette Coupe Pace Car Replica, 350 CI, Automatic $13,250
T170 1996 Corvette Callaway Coupe 383/435 HP, LT-1 Supernatural $16,000
T188 1958 Corvette Convertible 283/230 HP $60,000
T196 2001 Corvette $21,750
F10 1994 Corvette Coupe 350/300 HP, 6-speed Manual $12,000
F23 1971 Corvette Coupe 454/365 HP, Automatic $19,000
F49 1988 Corvette Convertible 350/240 HP, 4-Speed Automatic $11,750
F63 1976 Corvette Coupe 350/400 HP L-82, 4-speed Automatic $11,500
F91 1973 Corvette Coupe 454/275 HP, 4-Speed $24,500
F92 1990 Corvette Coupe 350 CI, Automatic $12,000
F101 1979 Corvette Coupe 1 of 2,357 made, L-82 $12,000
F116 1987 Corvette Callaway Coupe 350/345 HP Twin-Turbo $14,000
F121 1969 Corvette Convertible 427/435 HP, 4-speed $40,500
F123 1978 Corvette Coupe 350 CI, 4-speed, Silver Anniversary $11,000
F139 1973 Corvette Coupe 350 CI, Automatic $10,000
F143 1958 Corvette Convertible 283/270 HP, Dual Quad, 4-speed $64,500
F151 1972 Corvette Convertible 350/200 HP, Automatic $24,000
F154 1971 Corvette Coupe 350 CI, Automatic $20,000
F155 1972 Corvette Coupe 454 CI, 4-Speed $29,500
F156 1966 Corvette Coupe 427/425 HP, 4-Speed Manual $125,000
F165 1965 Corvette Convertible 27/350 HP $53,000
F201 1966 Corvette Convertible 327/300 HP, 4-speed $46,000
F235 1964 Corvette Stingray Coupe 454 CI w/ Blower, 4-Speed $47,000
F237 1975 Corvette Convertible 350 CI, Automatic $23,000
F246 1963 Corvette Coupe 327/340 HP 4-Speed $62,000
F250 1970 Corvette Convertible 350/370 HP LT-1, 4-Speed $37,000
F258 1992 Corvette Coupe Special Chevrolet Color Test Car $29,500
F259 2004 Corvette Coupe Next to the Last C5 Corvette Made $32,000
F260 1998 Corvette Convertible Pilot Car #6 $29,000
F262 1997 Corvette Coupe LS1, 6-Speed Manual, VIN #007 $22,500
F263 1986 Corvette Convertible 5.7L, Automatic $35,000
F264 1987 Corvette Convertible 350 CI, Automatic, 238 Actual Miles $21,000
F265 1984 Corvette Coupe 350 CI, Automatic, 781 Actual Miles $14,500
F266 2004 Corvette Convertible Last C5 Convertible, 2,600 Miles $32,500
F268 1984 Corvette Coupe Owned by Jim Gilmore $12,500
F270 2002 Corvette Convertible Indy Track Car #40 $32,500
S1 1973 Corvette $18,500
S24 1962 Corvette Convertible 350 CI, 4-speed Manual $42,000
S25 1981 Corvette Coupe 350 CI, Automatic $10,000
S30 1982 Corvette T-top 350 CI, Automatic $11,500
S31 1962 Corvette Convertible 327/340 HP, 4-Speed $60,000
S37 1968 Corvette Convertible 327/300 HP, Automatic $25,500
S45 1965 Corvette Convertible 327/350 HP, 4-speed $55,000
S66 1966 Corvette Coupe 427/390 HP, 4-Speed $100,000
S94 1962 Corvette Convertible 327/340 HP, 4-speed Manual $67,000
S96 1966 Corvette Convertible 327/350 HP, 4-Speed $65,000
S98 1957 Corvette Convertible 283/283 HP, 3-Speed $102,500
S99 2001 Corvette Convertible 350/350 HP, Automatic $25,000
S105 1962 Corvette Convertible 327/340 HP, 4-Speed $62,500
S109 1967 Corvette Convertible 327/350 HP, 4-Speed $56,500
S110 1963 Corvette Z06 Coupe Gulf One Race Car $1,050,000
S121 1961 Corvette Convertible $75,000
S123 1954 Corvette Convertible 235/150 HP 3-Carb Blue Flame $80,000
S124 1962 Corvette Convertible 327/250 HP, 4-speed Manual $46,000
S137 1966 Corvette Convertible 425 HP $78,500
S138 1957 Corvette Convertible 283/283 HP Fuelie, 4-Speed $250,000
S142 1969 Corvette L88 Convertible Race Car, 1 of 1 COPO $305,000
S153 1967 Corvette Convertible 427/400 HP Tri Power, 4-speed $112,500
S162 1959 Corvette $62,000
S166 1986 Corvette Convertible 350/235 HP, Automatic, Pace Car $20,000
S182 1992 Corvette Coupe $11,000
S184.1 1974 Corvette Convertible 4-speed $15,000
S186.1 1975 Corvette Coupe $11,500
S187 1994 Corvette Coupe 6-speed Manual $10,500
S188.1 1978 Corvette Coupe $11,000
S218 1966 Corvette Coupe 427/425 HP, 4-speed Manual $55,000
S230.1 1966 Corvette Coupe 427/425 HP $52,000


Mecum Auction’s next event will be held indoors at Kemper Arena in Kansas City, MO on March 20th and 21st.


Source:
Mecum Auction

Related:
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Auction Results: The Last C5 Corvette Convertible Sells for $32,500

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[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer

by Keith Cornett on January 28, 2009

1969 Corvette L88 COPO Convertible

This 1969 Corvette L88 COPO Convertible made its presence known like no other car during last weekend’s Mecum auction in Kissimmee, Florida. When it fired up the race-prepped 427 cubic inch big block and rolled into the auction ring, the packed house was paying close attention. Here was a documented authentic factory L88 race car and Proteam Corvette wanted it sold!

Included in the documentation of this vintage racer was the tank sticker, early photos of the Corvette and its racing log books, trophies and awards. The tank sticker documents the L88 engine and special COPO request for this Corvette NOT to be equipped with the Big Brake options like all other L88 Corvettes, making it a one of one car.

The Corvette saw combat in SCCA events regularly from 1972-1976 and raced in such storied venues as Daytona and Sebring. It’s listed in the roster of cars that raced in the 24th Annual 12 hours of Sebring in 1976. The car is currently certified for SVRA vintage races.

Towards the end of the auction the race car seemed to stall at $300,000 but it only took another $5,000 to drop the reserve and sell the Corvette at $305,000. Tom Abrams of Reliable Transports was the buyer and is shown getting the Mecum treatment there at the end.


Source:
Mecum Auction

Related:
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
[VIDEO] Auction Results: The Last C5 Corvette Convertible Sells for $32,500

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2009 Corvette Competition Sport Package Pricing Revealed

by Keith Cornett on January 27, 2009

2009 Competition Sport Corvette

While still waiting for an official announcement from GM regarding pricing for the 2009 Corvette’s Competition Sport package, sources told Jalopnik that the Z51-Equipped 1LT Coupe version will run $55,655 while the Z06 1LZ model will set you back $77,500 including charges.

Chevy is aiming this limited edition Corvette for the owner who attends driving schools and track events. Available in Z06 or Z51 configurations, the CSC package is ready for some serious performance driving. With the focus on keeping the Corvette lightweight for performance driving, you’ll see some serious track-influenced design features:

2009 Competition Sport Corvette (RPO CSC)

Chevrolet introduces a new Corvette package available for a limited time. The Competition Sport package is for the Corvette purist and driving enthusiast. Perfect Corvette for the enthusiast who attends driving schools and track events. Focus on lightweight and performance driving. Serious track influenced design features. Excellent value pricing – Limited build scheduled for Spring ’09 only.

Included in the package:

  • Competition Gray Exterior Stripes, Wheels, and Headlamps
  • Corvette Racing ‘Jake’ and CSR logos on b-pillar, headrest, and center armrest
  • Ebony Interior with titanium embroidery
  • Corvette Racing Pedals from GCA
  • Special engine cover
  • Racing style numbers with number based on build sequence to be installed by customer

The Competition Sport Corvette is available in either a 1LT Coupe with 436 horsepower or as the 1LZ Z06 with 505 horsepower. The Z06 version is available in 17U Blade Silver or 41U Black. The Coupe version is available in 17U Blade Silver or 10U Arctic White.

Also included in the coupe version is the Z51 Performance Package, NPP Performance Exhaust, Differential Cooler, Head-Up Display, Red Painted Brake Calipers and a Z06 tall spoiler.


Source:
Jalopnik

Related:
Introducing the Limited Edition 2009 Competition Sport Corvette
Japan’s Special Edition Corvette: The Corvette S-Limited
The Competition: A Unique Special Edition 2008 Corvette for Europe

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