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Friday’s Featured Corvettes for Sale

by Keith Cornett on August 24, 2007

Earlier this week I broke the news that the Corvettes at Carlisle auction was being reduced to just a Saturday-only auction. Since we are one day out from that event, I thought it would be appropriate to look at several of the cars that have already been consigned and ready to sell. 1963 Corvette Coupe
1963 Corvette CoupeMy top pick for the show is the 1963 Corvette Z06 Coupe (Lot C021). The Silver Blue Corvette, already desirable due to its split window configuration is just 1 of 199 Corvettes to have the Z06 option and 1 of 63 to have the NO3 36 gallon “tanker” option. The Corvette is a matching numbers car with correctly dated 327 ci 360 hp fuel injected motor. The odometer reads 89,000 miles, but 0 miles have been put on the Corvette since 1973.The Corvette has both NCRS Top Flight and Bloomington Gold certificates. Click here to view the Auction Description page. 1967 Corvette Convertible
1967 Corvette ConvertibleThis 1967 Corvette will probably not sell for the highest price of six 1967 Corvettes to go though the show, but it’s certainly one of the nicest we’ve seen on the Carlisle List. The Marina Blue Corvette Convertible is powered by a 427 ci 400 hp coupled to a Powerglide transmission. Documented with the tank sticker, this Corvette has a host of options including Air Conditioning, Power Steering, Power Brakes, Power Windows, Side Exhaust and Rally Wheels on Red Line tires. It received a Bloomington Gold Certificate back in 2002. Click here to view the Auction Description page. 1999 Mallett 435 Corvette Coupe
1999 Mallett 435 Corvette CoupeFinally, what would Carlisle be without a Corvette from the late co-founder of Corvettes at Carlisle Chip Miller. Chip’s 1999 Mallett 435 is selling at no reserve. Featuring a Mallett 435 Conversion, the Black on Black C5 has 500 hp. Only 17,200 miles are on the Corvette, and you can bet that it has “never seen rain”. The Corvette’s Mallett conversion includes a 6.1 liter 372 CI V8 engine, Long tube headers, and body emblems with the “Mallett 435″ logo. A very nice tuner Corvette with a pedigree of having been owned by one the greats in the Corvette hobby. Click here to view the Auction Description page. Do you have a Corvette for sale that you think would be worthy of being featured? Drop me an email and let me know where we can find out more about it. And stay tuned for next week’s Friday’s Featured Corvettes.
Source:
CarliseAuctions.com Related:
Friday’s Featured Corvettes for Sale (08/10/07)
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Auction Results: Russo & Steele Monterey 2007

by Keith Cornett on August 23, 2007

1967 Corvette with 427 ci 400 hp and A/CWow, there was some real talent at last weekend’s Russo and Steele auction in Monterey. Nine Corvettes sold for a total take of $804,650. Fetching the top price for Corvettes was the 1984 Lola GTP Corvette Race Car which sold for $269,500. Of the eight other Corvettes that sold, three Corvettes were original A/C cars and two were Fuelies. Best catch of the day just may have been this 1967 Coupe with the L68 427 ci 400 hp with factory air conditioning. That Corvette sold for a very reasonable $70,400. Here are all the Monetery 2007 Corvette auction results with links to the auction page:

Year Model Details High Bid
1954 Corvette Convertible 89K Miles $68,750.00
1957 Corvette Convertible 283 ci Fuel Injection $86,900.00
1960 Corvette Convertible 283 ci 270 hp $69,300.00
1962 Corvette Convertible 327 ci 360 hp Fuelie $77,000.00
1964 Corvette Coupe 327 ci 300 hp / AC $49,500.00
1965 Corvette Convertible 327 ci 300 hp $55,000.00
1966 Corvette Convertible 327 ci 350 hp / AC $58,300.00
1967 Corvette Coupe 427 ci 400 hp / AC $70,400.00
1984 Lola Corvette Racecar GTP Corvette $269,500.00
      ————-
    Total Sales: $804,650.00

Source:
Russo and Steele
Related:
Auction Results: Corvette at Kruse July Auctions Technorati Tags:
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Carlisle Auction Reduced to One Day Event

by Keith Cornett on August 22, 2007

Just about everybody that has a passing interest in Corvettes is familiar with the Corvettes at Carlisle show held annually in Pennsylvania this time of year. For the last few years, Dana Mecum has been at the helm of organizing and gaveling the auction. However earlier this year the Carlisle events team announced that they would be taking the Corvette auction duties in-house. Today I spoke with Auction Manager Dennis Baish about this weekend’s event. Dennis confirmed what I heard that the actual auction will happen on Saturday only while Friday night has been reserved for a sellers reception. The auction website currently has 78 Corvettes consigned and Dennis believes they are on track for 100 Corvettes this weekend. While this number is down from the 160 quoted on the website, the quality of Corvettes that have been consigned appears quite good. Many times the measure of a good Corvette auction is the number of 1967 Corvette Big Blocks available. The consignment list shows six 1967 Corvettes and at least four of them are 427′s. Perhaps the most exciting Corvette available so far is a 1963 Z06 Big Tanker Coupe which should be one of the top Corvettes sold this weekend. We’ll have more on this Corvette later this week. Do you have a Corvette to sell? Remember what Terry Michaelis from Proteam Corvettes said earlier this week: Be a smart seller by picking high profile events to sell your Corvette. The fees for consigning your Corvette at the Carlisle auction appears to be quite reasonable for such a high quality Corvette-only auction. Buyers pay $100 registration fee with a 5% buyers commission added to the sale of any Corvette. Sellers pay a $250 or $400 consignment fee depending on the time the Corvette is scheduled to cross the block. Sellers also pay 6% for cars selling with a reserve or 5% for no reserve cars. The Corvettes at Carlisle TV Commercial:


Source:
CarlisleAuctions.com Related:
2006 Auction Results: Corvettes at Carlisle Technorati Tags:
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6 Ways to Make the Most of your Classic Corvette Purchase

by Keith Cornett on August 21, 2007

Terry Michaelis of Proteam Corvette fame has a great article on his Corvette Perspective blog on why purchasing a classic Corvette is a good investment and he backs up his points with some real world numbers. Terry has bought more classic Corvettes last month than most of us will purchase in a lifetime and there is probably no other dealer that buys and sells the cream of the crop like Proteam. If you are more interested in Corvettes as an investment as opposed to a driver, then here are Terry’s points to consider when purchasing a Corvette:

1. Buy the best Corvette you can afford today
Because the Corvette you buy is the Corvette you’ll have or want to sell some day. 2. Buy cosmetics
Buy paint and chrome, unless you have a shop and knowledge to control your costs. 3. Research
Arm yourself with knowledge provided in the numerous Corvette publication and hire a true expert to examine your potential purchase. 4. Don’t trade off cosmetics for a numbers match drivetrain
It will always cost more to restore (paint, trim, chrome, etc.) a Corvette needing restoration versus putting the proper numbers motor back in your vehicle, if that’s your venue. Numbers have become secondary to cosmetics, and it’s about time. 5. Realize that Corvettes are old cars
They require more attention than that new Chevy or Ford setting in your driveway (especially if they aren’t taken for periodic (“work outs”). 6. Be a smart seller
High-profile events like the Barrett-Jackson and Mecum Muscle Car auctions will get you more money for your car than newspaper and trade publication advertisements. Plan ahead if you’re considering selling your baby: seek good lot numbers (pay a premium if you must) and baby-sit your car during the event to answer questions and show pride in your car – it is a reflection of you, and people simply pay more if they like the seller.
Terry provides an excellent analysis of today’s Corvette Market and why the demand for classic Corvettes is so high right now – a demand he says will only continue as baby boomers hit retirement and start spending that discretionary income. Click here to read The Corvette Market – Today.
Source:
TMichaelis Corvette Perspective Related:
Five Factors That Drive Corvette Values – Options Technorati Tags:
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Friday’s Featured Corvettes for Sale

by Keith Cornett on August 10, 2007

Our weekly roundup of Corvettes for sale takes us to Bowling Green for the sale of a C6 which is our eBay pick of the week. A massive collection of horsepower out of PA catches our eye. Lastly, we’ll give you a preview of one of the gems offered at the upcoming Russo and Steele Monterey auction. 2006 #000001 Corvette Coupe
2006 Corvette Coupe VIN #00001I may be wrong on this call, but I do believe this is the first time the National Corvette Museum has turned to eBay for the sale of one of its collector Corvettes. On the block is the first 2006 Corvette Coupe produced, VIN #00001. This Corvette Coupe has a number of firsts that any collector would desire. The single digit VIN, the first Monterey Red Corvette and the first Corvette with the paddle shift 6-Speed automatic. The Corvette has been on tour with GM at various media events, which accounts for the Coupe having just 138 miles. As of this writing, the Corvette has 9 bids with the current bid being $55,350. The Coupe has yet to reach reserve. See more photos and place a bid at eBay.com 2006 Corvette Z06 Collection
Collection of Six 2006 Corvette Z06sI think we’ve reached a period of excess when we’re talking about need to own every color of Z06 from 2006. But that’s exactly what our next featured Corvettes for sale are all about. HoltAutoWeb.com has just such a collection of six 2006 Corvette Z06s, one in every color offered. Other than the fact that six Corvette Z06′s would look awesome in any garage (that can hold six cars), we’re not real sure of the rationale for buying this collection unless you have the ability to store them for 20 or more years. 1957 Corvette 283 FI Convertible
1957 Corvette Convertible with a 283 FuelieIt was only a couple of weeks ago when played Corvette Poker and asked the question, what trumps a big block? There are only a couple of Corvettes that can compete with the aura of the 1967 big blocks and this 1957 fuel injected Corvette is one of them. Offered at the Russo and Steele Monterey Auction next weekend, this black with silver coves Corvette features a matching numbers 283 ci fuelie engine coupled to a 4-speed transmission. The Corvette recently underwent a frame-off restoration and is ready roll. Check it out at Russo and Steele Do you have a Corvette for sale that you think would be worthy of being featured? Drop me an email and let me know where we can find out more about it. And stay tuned for next week’s Friday’s Featured Corvettes.
Related:
Friday’s Featured Corvettes for Sale (07/27/07)
Friday’s Featured Corvettes for Sale (07/20/07)
Friday’s Featured Corvettes for Sale (07/13/07)
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Country Music Star Auctioning His Corvette for Charity

by Keith Cornett on August 6, 2007

John Rich of the Country music duo Big and Rich has placed his 2005 Black Corvette for sale on eBay. The starting bid is $50,000 and any money raised over that amount will go to the Vanderbilt Children’s Hospital in Nashville, Tennessee.

John Rich in his 2005 Corvette John Rich's 2005 Corvette Coupe John Rich's 2005 Corvette Coupe
The 2005 Black on Black Corvette Coupe has 17,800 “highway” miles and features a host of options. The Corvette was featured in the fall 2005 issue of Corvette Quarterly and on Country Music Television (CMT). Celebrity guest drivers have included Gretchen Wilson and Kid Rock. Starting bid for the Corvette is $50,000 and as of now, there are no bidders. The auction runs through Wednesday, August 8th.
Source:
eBay.com Related:
Dale Jr’s 2005 Corvette For Sale on eBay Technorati Tags:
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Corvette Poker: Trumping an Automatic Big Block

by Keith Cornett on July 31, 2007

I took a call today from Robert in Wisconsin who had some questions about early 1970′s Corvettes. His question was should he sell his 1972 Corvette Coupe with a 454 ci engine and an automatic transmission for a 1971 Corvette Convertible with a 350 ci engine and a 4-speed. Like many classic Corvette owners, he was torn between the big block power of the 1972 and the convertible/4-speed combo in the 1971. He wanted a convertible, loved the idea of a 4-speed, but thought he’d miss the power of the big block 454 engine. But in his reasoning, it always came back to what was the more valuable car, so Robert’s major concern was holding the right Corvette from an investment standpoint. Let’s look at the 1972 Corvette by the numbers. Robert had a T-Top Coupe with an automatic and the 454 ci 270 hp engine. 20,496 Corvette T-Top Coupes were produced in 1972, which accounted for 75% of Corvette production. The LS5 454 was chosen by 3,913 buyers, and had an option penetration of 14%. The horsepower ratings were lowered in 1972 from gross to net, which makes the horsepower output a more realistic “real-world” rating. A/C was an option chosen by 63% of buyers and the automatic transmission was chosen by 54% of buyers. Our Corvette Price Guide places an average 1972 T-Top Coupe at $18,900. We add $6,000 for the 454 and $3,000 for the factory air conditioning, so our average 1972 is now valued at $27,900.

1971 Corvette Convertible 1972 Corvette Coupe
A labor strike shortened production of the 1971 Corvette. Only 21,801 Corvettes were produced, with 33% being Convertibles. 67% of all Corvettes featured the base engine, a 350 ci 270 hp power plant, and the base 4-speed was installed in 42% of 1972 Corvettes. Our average price on a 1971 Corvette Convertible is $23,500 I confirmed these values with Bob Kroupa, who writes for several of the Corvette magazines and publishes his own monthly newsletter, the Vette-N-Vestment’s Corvette Market Letter and he agreed that the 1972 Corvette Coupe with the 454 and AC would be valued higher than the 1971 roadster with a standard 350 ci and a 4-speed. I initially thought the 1971 Convertible with a 4-Speed coupled to a 350/270 would be worth more than a 1972 automatic Coupe with a 454/270 and AC. But only 14% of ’72 Vettes have the big block option and combined with the C60 Air option, there was no chance in overcoming that hand. So what trumps an automatic big block Corvette Coupe? For Robert, it just may be that feeling of driving down a Wisconsin road with the top down and the summer air blowing around you while shifting through the gears of the 4-speed.
Source:
Corvette Black Book
Corvette Price Guide Related:
Appreciating Corvettes: Top 12 Price Gainers of 2006 Technorati Tags:
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Friday’s Featured Corvettes for Sale

by Keith Cornett on July 27, 2007

Owning a car that was previously owned by a celebrity is like owning part of pop culture history. In this week’s Featured Corvettes for Sale, we’ve come across a very nice straight axle for sale by Max Weinberg, E-Street Band drummer and band leader of NBC’s “Late Night with Conan O’Brien”. We’ll also pick a Corvette from the Mecum High Performance Auction in Iowa as well as show you our eBay Corvette pick of the week. 1957 Corvette Convertible
1957 Corvette ConvertibleIt was 1975 when the Boss broke through to the top of the music charts and the musicians who made up the E-Street Band rode that wave with him. Drummer Max Weinberg recalls growing up in the Beach Boys era when songs like Shutdown romanticized the Corvette Sting Ray. And when car enthusiasts become successful as Max Weinberg has, having a large garage full of classic and antique cars is the norm. At the Pebble Beach Concours d’Elegance in Monterey, California, Max Weinberg will be offering several classics including a 1957 Chevrolet Corvette. Max describes the Corvette as a trailer queen, totally disassembled and restored back to new…better than new as Weinberg states in this Forbes Auto interview:

“The Corvette is absolutely a trailer queen show car. It’s like a brand new car. It was completely and totally disassembled, and Dominick (Salvemini), who I think is one of the premier restorers in the country, because of our personal relationship took even greater care than he normally would. And normally he’s A-plus, plus – this is beyond. He is very precise, let’s just say that. So this car is stunning, the color is stunning and it’s essentially a new car – it’s a new ’57 Corvette. And it was one of the editions with the radio delete and heater delete, which was a very specific function. This was a car that was meant to be driven fast. One thing we did do is we lowered the engine compression a bit to accept regular gas, because if you kept it with the original compression, the higher compression, you’d need jet fuel.”
Max’s 1957 Corvette will be offered by Christie’s Auctions on August 16th at the Pebble Beach Concours d’Elegance in Monterey, California. 1967 Corvette Convertible
1967 Corvette ConvertibleMecum Auctions is hosting a 250 car gathering in Des Moines this weekend and several very nice Corvettes are being offered. If you’re looking for an original mid-year that you’re not afraid to drive, then this beautiful 1967 Corvette Convertible could be just what the doctor ordered. You can still get into a very nice small block midyear for under $50,000, and trust me, there’s nothing small about owning a 327 ci 300 hp American Classic. This 1967 has two previous owners and is numbers matching with documentation. The Corvette comes in Marina Blue with Bright Blue interior, has the auxiliary hard top and is a 4-Speed. The only catch on this car is that it’s being sold in Iowa tomorrow, but Mecum offers absentee bidding so get moving now! 2005 Corvette Coupe
2005 Corvette CoupeOur last Corvette was chosen because Yellow Corvettes are just cool. Oh, and 750 hp Corvettes are cool too. Why wait for the Blue Devil/SS with its projected 650 horsepower when you can get a proven 10 second Corvette for half the price. This 2005 Velocity Yellow Corvette was modded by MTI and features a Procharger Supercharger, upgraded MTI cam, Kooks headers and a Borla SS exhaust. It’s an automatic and has just 26,000 miles. The 05 Coupe is being offered on ebay with a Buy-It-Now price of just $47,995. Do you have a Corvette for sale that you think would be worthy of being featured? Drop me an email and let me know where we can find out more about it. And stay tuned for next week’s Friday’s Featured Corvettes.
Related:
Friday’s Featured Corvettes for Sale (07/20/07)
Friday’s Featured Corvettes for Sale (07/13/07)
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Auction Results: Corvette at Kruse July Auctions

by Keith Cornett on July 25, 2007

1957 Corvette RoadsterKruse International held three separate auctions through the month of July and here are the results. Only 6 of the 17 Corvettes listed were sold, but as these are general auctions, the sales precentages for Corvettes sold at a reserve price tend to be lower than pure Corvette auctions like we see at Bloomington or Carlisle. We are posting both the final bid price as well as the sold price.

Year Description Price Type Location
1957Corvette Convertible$52,000BidDenver, CO
1957Corvette Convertible$100,000BidMidland, MI
1963Corvette Convertible$43,000SoldDenver, CO
1966Corvette Coupe$48,500SoldDenver, CO
1966Corvette Convertible$71,000BidDenver, CO
1967Corvette Convertible$85,000BidDenver, CO
1976Corvette T-Top$12,500BidDenver, CO
1976Corvette T-Top$6,500SoldDenver, CO
1978Corvette Pace Car$22,000BidVerona, NY
1982Corvette T-Top$15,000BidDenver, CO
1984Corvette Coupe$4,700BidDenver, CO
1984Corvette Coupe$6,200SoldDenver, CO
1986Corvette Convertible$9,600BidVerona, NY
1987Corvette Callaway$21,000BidDenver, CO
1988Corvette Coupe$27,000SoldDenver, CO
1997Corvette Coupe$16,000BidMidland, MI
2002Corvette Hardtop$26,500SoldVerona, NY

Source:
Kruse International Related:
Auction Results: Bloomington Gold Totals $8.2 Million in Corvette Sales Technorati Tags:
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Friday’s Featured Corvettes for Sale

by Keith Cornett on July 20, 2007

Today’s Featured Corvettes for Sale takes us to the land down under to bring you a very special Corvette and then we delve into eBay where a couple more unique cars are available. 1991 Twin Turbo Callaway Corvette
1991 Twin Turbo Callaway CorvetteThe question begs to be asked. How does a 1991 Twin Turbo Callaway Corvette end up to be for sale in Australia? Perhaps we’ll never know, but the current owner liked the car so much that he built a house around it. 1991 was the last year the Callaway B2K option was offered, and only 62 Corvettes were retrofitted with upgrade, which by the way, added $33,000 to the purchase price. The Twin Turbo B2K Corvette is being offered by Shannon’s of Melbourne, Australia and is priced around $180,000 AD which converts to nearly $160,000 USD. 2000 Callaway C12
2000 Callaway C12And speaking of Callaway, how about the Callaway C12 that is currently available in eBay. The Corvette-based Callaway C12 is Number 17 of 19 produced in 2000. Featuring a 6.2 liter 480 hp Supernatural engine, and unique styling both inside and out, the Callaway C12′s original MSRP was $222,170, but this preowned model with just 1,849 miles is available for $149,000. Oh, and for that price, the matching Schedoni fitted luggage is included. Offered by RUF Auto Centre in Dallas, Texas. 1969 L89 Corvette Project Car
1969 Corvette Convertible with an L89While it seems that we’ve focused on the 1969 Corvette this week, we came across this project Corvette quite by accident. Also being offered on eBay, but only until the auction ends later tonight, is this big block billed as a real deal 1969 L89 Corvette. Only 390 Corvettes were offered with this option back in ’69, which is essentially an L71 427 ci 435 hp engine with aluminum cylinder heads. Pictures of the casting numbers on the engines appear to be correct but an on-premises inspection should be conducted on any Corvette before taking possession. The engine is out of the car and has been rebuilt, but the body still needs attention. Current bid is $17,101 and has yet to break the reserve. 2000 Corvette Coupe – SEMA Show Car
2000 Corvette Coupe featured at 2005,2006 SEMA ShowThis 2000 Chevrolet Corvette Coupe is a two-time SEMA Car, having appeared at the Sin City show in both 2005 and 2006, which more than explains the bling. The coupe features a Wide Body kit, vented hood, C6 headlights, racing spoiler, custom paint and more. The Corvette has served as a company show car for ARK Exhaust and so it also features an ARK stainless exhaust system with an X flow pipe. As an added benefit the vinyl graphics on the car can be removed. The Corvette has 61K miles and has a current bid of $25,000 with no reserve. And lest there be any doubters of this Corvettes SEMA pedigree, click the photo for a close-up of the hood ornaments. Do you have a Corvette for sale that you think would be worthy of being featured? Drop me an email and let me know where we can find out more about it. And stay tuned for next week’s Friday’s Featured Corvettes.
Related:
Friday’s Featured Corvettes for Sale (07/13/07) Technorati Tags:
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