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Seeing Red: Friday’s Featured Corvettes For Sale

by Keith Cornett on September 14, 2007

Fall weather is rapidly approaching which means there are some great deals on Corvettes for sale at VetteFinders.com. We always see a burst of activity following the labor day weekend as sellers try to move their Corvettes before Winter approaches. The following six Corvettes were highlighted in September’s Features Corvettes Newsletter from our classified ads website. The old axiom that states “All Corvettes are Red, any other color is a mistake” is being celebrated today with our selection of six Red Corvettes. Red is the power color of Corvettes and buying a red Corvette will one day make it easier to sell. So without further ado, here are the Friday’s featured Corvettes for sale:

1962 Corvette Hardtop For Sale 1965 Corvette Convertible For Sale 1972 Corvette T-Top For Sale
1962 Hardtop
$61,500
1965 Convertible
$49,999
1972 T-Top
$16,900
 
1990 Corvette Coupe For Sale 2002 Corvette Convertible For Sale 2006 Corvette Hardtop For Sale
1990 ZR-1 Coupe
$32,000
2002 Convertible
$34,900
2006 Z06 Hardtop
$65,995
Interested in receiving the Featured Corvettes newsletter? Click here to subscribe. 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
Related:
Maybe All Corvettes Should Be Red Technorati Tags:
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Auction Results: Corvettes at Carlisle 2007

by Keith Cornett on September 4, 2007

Earlier this year, the Carlisle Events team decided to jettison long time auction partner Mecum Auctions in favor of taking the Corvettes at Carlisle auction in-house. At the time, the decision probably made a lot of sense. They were already doing auctions for their other events. And by keeping it in house, they merge the coordination of the auction with their current operations and collect the fees and commissions from buyers and sellers. But after the lackluster showing last weekend of having only 82 Corvettes consigned which then culminated in just 26 Corvettes being sold, one has to wonder just what went wrong in Carlisle. At last year’s event with Dana Mecum handling the gavel duties, just over 150 corvettes crossed the block with 53% selling, netting a sales total of over $3,000,000. This year, with a sales rate of 32%, sales totaled only $974,950. From all accounts, the new indoor venue was a hit. So let’s hope this was just a one year blip and that Carlisle will return next year with the powerhouse auction Corvette buyers and sellers have come to expect. Corvettes at Carlisle Auction Results:

Lot Yr Model High Bid Sold
S165 1954 CORVETTE $72,000.00 NO SALE
S116 1957 CORVETTE $71,000.00 NO SALE
S148 1958 CORVETTE $70,000.00 NO SALE
S141 1961 CORVETTE $96,000.00 SOLD
S150 1961 CORVETTE $41,000.00 SOLD
S153 1961 CORVETTE $34,000.00 NO SALE
S159 1961 CORVETTE $53,000.00 NO SALE
S152 1962 CORVETTE $44,000.00 NO SALE
S162 1962 CORVETTE $37,000.00 NO SALE
S167 1962 CORVETTE $92,000.00 NO SALE
S136 1963 CORVETTE $67,000.00 NO SALE
S173 1964 CORVETTE $47,000.00 SOLD
S118 1965 CORVETTE $54,000.00 NO SALE
S119 1965 CORVETTE $45,000.00 NO SALE
S151 1965 CORVETTE $39,000.00 SOLD
S166 1965 CORVETTE STINGRAY $86,000.00 NO SALE
S179 1965 CORVETTE $88,000.00 NO SALE
S117 1966 CORVETTE $91,000.00 SOLD
S138 1966 CORVETTE $68,000.00 SOLD
S144 1966 CORVETTE $62,000.00 NO SALE
S149 1966 CORVETTE $105,000.00 NO SALE
S154 1966 CORVETTE $180,000.00 NO SALE
S158 1966 CORVETTE $130,000.00 NO SALE
S161 1966 CORVETTE $105,000.00 NO SALE
S172 1966 CORVETTE $72,500.00 SOLD
S111 1967 CORVETTE $46,500.00 SOLD
S137 1967 CORVETTE $140,000.00 SOLD
S142 1967 CORVETTE $120,000.00 NO SALE
S146 1967 CORVETTE $42,000.00 NO SALE
S177 1967 CORVETTE $125,000.00 NO SALE
S169 1967 CORVETTE $53,000.00 NO SALE
S182 1967 CORVETTE $127,500.00 NO SALE
S186 1967 CORVETTE $145,000.00 NO SALE
S199 1968 CORVETTE $52,000.00 NO SALE
S130 1968 CORVETTE $55,000.00 NO SALE
S132 1968 CORVETTE $24,750.00 SOLD
S181 1968 CORVETTE $50,000.00 NO SALE
S195 1968 CORVETTE $18,500.00 SOLD
S113 1969 CORVETTE $9,000.00 NO SALE
S147 1969 CORVETTE $35,000.00 SOLD
S134 1970 CORVETTE $13,500.00 NO SALE
S176 1970 CORVETTE $37,000.00 NO SALE
S129 1971 CORVETTE $16,000.00 NO SALE
S115 1971 CORVETTE STINGRAY $16,000.00 NO SALE
S131 1972 CORVETTE $19,000.00 NO SALE
S123 1972 CORVETTE STINGRAY $0.00 NO SALE
S196 1972 CORVETTE $0.00 NO SALE
S139 1973 CORVETTE $21,000.00 SOLD
S174 1973 CORVETTE $17,500.00 SOLD
S140 1975 CORVETTE $12,000.00 SOLD
S217 1976 CORVETTE $13,500.00 NO SALE
S124 1978 CORVETTE PACE CAR $23,500.00 NO SALE
S109 1978 CORVETTE $4,000.00 NO SALE
S135 1979 CORVETTE $10,500.00 SOLD
S187 1979 CORVETTE $8,500.00 SOLD
S107 1979 CORVETTE $12,500.00 SOLD
S103 1982 CORVETTE $14,000.00 NO SALE
S197 1982 CORVETTE $14,750.00 SOLD
S112 1980 CORVETTE $19,500.00 NO SALE
S194 1980 CORVETTE $16,000.00 NO SALE
S198 1980 CORVETTE $20,000.00 NO SALE
S175 1982 CORVETTE $12,250.00 SOLD
S108 1985 CORVETTE $6,000.00 NO SALE
S192 1987 CORVETTE $6,500.00 NO SALE
S180 1989 CORVETTE $9,950.00 SOLD
S188 1990 CORVETTE $8,000.00 NO SALE
S156 1990 CORVETTE ZR1 $26,000.00 NO SALE
S178 1991 CORVETTE ZR-1 $19,000.00 NO SALE
S218 1993 CORVETTE $17,750.00 NO SALE
S105 1994 CORVETTE $13,000.00 NO SALE
S106 1995 CORVETTE $9,750.00 SOLD
S193 1996 CORVETTE $15,000.00 NO SALE
S189 1998 CORVETTE $67,500.00 NO SALE
S155 1999 CORVETTE $36,000.00 SOLD
S163 2000 CORVETTE $21,000.00 SOLD
S170 2003 CORVETTE $26,500.00 NO SALE
S200 2004 CORVETTE $28,000.00 SOLD
S101 2004 CORVETTE $25,500.00 NO SALE
S230 2004 WORLD CHALLENGE $42,500.00 NO SALE
S228 2005 CORVETTE $34,000.00 NO SALE
S183 2005 CORVETTE W / POWER TOP $42,000.00 SOLD
S229 2007 SUPERCHARGED 560 $45,000.00 NO SALE

Source:
Carlisle Auctions
Related:
Friday’s Featured Corvettes for Sale
Carlisle Auction Reduced to One Day Event
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Corvettes Bring in $2.5 Million During Monterey Auctions

by Keith Cornett on August 28, 2007

No less than four auction companies held events during the Pebble Beach Concours d’Elegance in Monterey over August 17-19. The auctions from Christies, RM Auctions, Bonhams and Butterfield and Gooding & Company combined for nearly $2.5 million in Corvettes sales. The top price-getter was a 1968 L88 Corvette Coupe, which sold for $254,500. On the newer end of the sales spectrum, a 2007 Ron Fellows ALMS GT1 Championship Z06 Corvette sold for $121,000. The auction results for Corvette:

Year Model Auction High Bid
1954 Corvette Convertible RM Auctions $74,250
1957 Corvette Convertible Christies $60,500
1957 Corvette Convertible RM Auctions $66,000
1957 Corvette Convertible RM Auctions $68,750
1957 Corvette Convertible Race Car Gooding & Company $115,500
1959 Corvette Convertible RM Auctions $88,000
1959 Corvette Convertible Christies $66,000
1960 Corvette Convertible Christies $60,500
1960 Corvette Convertible Christies $55,000
1960 Corvette Convertible Christies $66,000
1961 Corvette Convertible RM Auctions $110,000
1963 Corvette Convertible Fuelie Bonhams & Butterfield $101,790
1965 Corvette Convertible 396/425 RM Auctions $170,500
1966 Corvette Convertible 427/425 RM Auctions $121,000
1966 Corvette Convertible 427/425 RM Auctions $96,250
1967 Corvette Coupe 427/435 Bonhams & Butterfields $166,500
1967 Corvette Convertible 427/400 Bonhams & Butterfields $54,990
1967 Corvette Coupe 427/435 Bonhams & Butterfields $144,500
1967 Corvette Coupe 427/400 Bonhams & Butterfields $105,300
1968 Corvette Coupe L88 Bonhams & Butterfields $254,500
1968 Corvette Coupe L88 Bonhams & Butterfields $155,500
1969 Corvette Convertible 427/435 RM Auctions $126,500
2007 Corvette Z06 ALMS Ron Fellows RM Auctions $121,000
       
      ————-
    Total Sales $2,448,830

Source:
ClassicDriver.com Related:
Max Weinberg’s 1957 Corvette to be Auctioned at Christies
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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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