GM Reported that Corvette sales were up 55% year to year with 2,794 deliveries in July 2006 vs 1,872 in July 2005. Calendar year sales also remain 18.1% ahead of 2005 figures with 21,857 deliveries vs 18,506.
Sales of Corvettes in July tend to be smaller than other months because of the model year change over. There were 25 selling days recorded for July 2006 while in July 2005, there were 26 selling days.
Technorati Tags: Corvette | GM
SissyChrissy posted the following question on Yahoo Answers: This guy is trying to sell me a 1982 Corvette Stingray. Brand new candy paint job, brand new motor, golden rims,leather interior, everything in excellent condition. The thing is, I don’t know how much a car like that is actually worth. He says he paid $16,000 for it and is not going to settle for anything less. Is he trying to rip me off or is he being reasonable?
1982 was a good year for Corvettes. It was the end of a body style that began in 1968. Just over 25,000 Corvettes were produced that year, nearly 15,000-20,000 less than an in previous years which means there’s less of them on the road. It was also the first year of the Cross Fire Injection engine.
Our Corvette Price Guide has the average 1982 Corvette valued at $11,900, and our high price is $24,500. These models are also appreciating in value with a 7% return in 1 year and 14% over 5 years.
While the Corvette you are looking at sounds like it is in great condition, its value is lessened by having a brand new engine instead of the original engine.
At $16K, if the Corvette is as in good shape as you described, the price, while reasonable, is somewhat high due to the fact that it is missing its original engine. That might make it harder to sell down the road.
Source: Yahoo Answers
Technorati Tags: Corvette | 1982 | Values
Less than a week after Dale Jr auctioned his 2006 Corvette on eBay, we’ve come across another celebrity selling a Corvette on the auction site. Matthew McConaughey, who rose to fame with roles like Wooderson on Dazed and Confused has put his 1971 Mediterranean Blue Corvette on eBay as part of Oprah’s Angel Network to raise money for Hurricane Katrina victims. What I can appreciate about this auction compared to some of the other celebrity auctions in the past is from the comments about the Corvette from McConaughey himself:
“Back in 98 I went to a California car show and was lookin at gettin a 1962 Vette, but this 71 Stingray caught my eye. I was at the show for 8Â½ hours and I kept circlin back to spend time checkin it out. By the end of the day I drove off in my 1971, mediterranean blue, Chevy Stingray Convertible. I call her Mako…like the shark.” “The lines on this Vette are my favorite lines on any sports car…itâ€™s got the shoulders & the hips. The Vette always has that long front end with the shoulders where the wheel wells come up and then continues on back to where it widens nicely at the hips. This year, Corvette really knocked the design out of the park…itâ€™s got muscle and itâ€™s built for drivin. You donâ€™t get it for the gas mileage…itâ€™s not a tiptronic Porsche. When you wanna get it, you feel the horse power in your backside. The music in this car is listenin to the engine…for me itâ€™s the quintessential, bare bones, badass American sports car.”100% of the proceeds will be donated to Oprah’s Angel Network charity. The auction runs through July 27th and 36 bids have taken the current bid to $44,100. Source: eBay via Autoblog
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Shawn S. submitted the following Corvette pricing question via Yahoo! Answers and we decided to take a look at it.
Shawn’s Question: What is a 1977 corvette worth?
Our Corvette price guide has an average 1977 Corvette Coupe valued at $10,000. Our High price is $13,000. Prices are fairly low compared to other years because the 1977 Corvette had the third highest production total ever with 49,213 produced. Most 1977 Corvettes came with the base engine, the L48 350/180. Just over 6,000 Corvettes came equipped with the optional L82 350/220 engine and just over 2000 came equipped with the optional 4-speed. So of the 1977 Corvettes, the most valuable was the L82 coupled with the 4-Speed manual transmission.
The good news is that our appreciation figures for the 1977 model are 5% for one year and a whopping 19% over five years.
Source: VetteFinders.com’s Corvette Price Guide
Technorati Tags: Corvette | Yahoo Answers | values
Apparently Dale Earnhardt Jr is in the process of upgrading his car collection and to make room for the new toys (a new Z06?), he is auctioning his 2005 Corvette coupe on eBay. The Coupe has been repainted a custom black cherry-pearl with custom air-brushed flames. Custom 20/22 inch Asanti wheels adorn the 6-Speed Corvette as well. The winner will have the option of having Dale Jr’s signature on the dash, as well as the opportunity to travel to Dale’s home in North Carolina to pick up the Corvette from the NASCAR star in person. Bidding started at $59,999.99 and the current high bid is $60,099.99 with just two bidders so far. The auction runs through Saturday, July 15th.
Technorati Tags: Corvette | eBay | NASCAR | Dale Earnhardt Jr
FM of Tampa, FL submitted the following 1969 Corvette Convertible to Corvette Values
1969 Corvette Convertible. VIN 1974679S7284XX. 350 ci 300 hp original motor with 4 speed transmission. Power Brakes, Steering Windows and Factory Air. Speed Warning, Posi, Radio Delete. Can-Am White with Saddle vinyl interior. Engine and rear suspension have been restored and mechanicals are in excellent condition. Paint is poor and fiberglass is in good condition. 10,944 original miles. No documentation, but owner history is known.
The VIN number 1974679S7284XX indicates this Corvette was built late in the 1969 production year, September 1969, assuring the owner that engineering modifications and changes made during the production year were included in this Corvette. The odometer reads 10,944 miles and the owner states this is the original mileage confirmed by documented original owner history. Original owner history is instrumental in determining the value of a Corvette. It has the original Can-Am White paint that is in “below average” condition. The chrome bumpers are in average street driven condition. The interior is Saddle vinyl and is in good condition as is the interior carpeting. The White Convertible Top is in good condition, also. This 1969 Corvette is powered by the original base 350-300 motor that is matched with the original 4-speed manual transmission. The mechanicals of this Corvette have been rebuilt, a necessary procedure since the Corvette was not driven for prolonged periods of time as substantiated by the low mileage. In its current condition, it can be an award winner in the Bloomington Gold Survivor classification, thus adding to the value of the Corvette. A number of desirable options are included in this 1969 Corvette, specifically, power steering, brakes, windows and air conditioning. Less than one-third of the 1969 model year Corvettes had the air conditioning option. This Vette also has the speed warning option, a very rare option with less than 10% of the buyers ordering it. The appraised value of this Corvette is $28,000. Of interest is the appreciation factor that indicates during the past year the average resale price of a 1969 Corvette increased by 8%. The popularity of this model will continue to reflect an appreciation factor of 10% per year. Submissions:
Send your submissions to info@CorvetteBlogger.com with “Corvette Values” in the subject line. We canâ€™t answer them all, but if we find your Corvette interesting to both us and our visitors, we may use it. Feel free to submit a photo as well.
Technorati Tags: Corvette | 1969 | Values