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Maybe All Corvettes Should Be Red

by Keith Cornett on May 30, 2007

There is a famous saying in Vettedom that goes “All Corvettes are Red”. After seeing this 1967 Corvette Convertible, I understand why. As my ’66 is black, I’ve never really took the statement to heart. But the statement isn’t about the actual color of the car, its about personality, like saying Blondes have more fun. A red corvette says “Here I am!” and screams “watch me go!”. A red Corvette tells the world that your ride is both fun, yet there is serious performance under the hood and all you need to do is stomp on the gas pedal to unleash it.

Little Red Corvette. Baby You're Much Too Fast!
Having said that, sometimes it is about the color. Red Corvettes tend to have a higher resale value and sell faster then most other colors. Even in the later models, Red Corvettes outsell their peers. In 2006, the two reds, Monterey and Victory, combined for nearly 1/3 of all Corvettes produced. Which brings us back to this gorgeous big block midyear. Offered for sale at $96,500 at VetteFinders.com
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Spy Photos: Little Red (SS) Corvette Technorati Tags:
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Featured Corvettes at VetteFinders.com

by Keith Cornett on May 11, 2007

It’s been a few months since we’ve done a Featured Corvettes at VetteFinders.com post. But since we are moving into the show and cruise season, now is the time to get into the Corvette of your dreams. The following six cars were highlighted in our May Featured Corvettes Newsletter. They are just a sampling of the 500+ Corvettes for sale at VetteFinders.com

1954 Corvette Convertible For Sale 1963 Corvette Coupe For Sale 1982 Corvette T-Top For Sale
1954 Convertible
$78,000
1963 Coupe
$150,000
1982 T-Top
$12,500
 
1985 Corvette Coupe For Sale 1997 Corvette Coupe For Sale 2006 Corvette Coupe For Sale
1985 Coupe
$15,000
1997 Coupe
$21,000
2006 Coupe
$44,995
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.
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Sold on eBay: 6-Pack of Split Window Corvettes

by Keith Cornett on May 8, 2007

Collection of 6 1963 Split Window CorvettesSame old story. A guy amasses a collection of 1963 Corvette Coupes and stores them in a field for thirty frickin years. Finally he sells them all to a Corvette dealer who sells the entire lot on eBay. Despite the rambling and poor grammar in the ad, the six Corvettes sold Sunday for the winning bid of $140,000. The group of 63’s include Corvettes equipped with the following engines: Fuel Injected Original Numbers Matching
Air Conditioned Original Numbers Matching
340hp Black/Red Original Numbers Matching
300hp Silver/Red NOM
300hp Silver/Blue NOM
Wrecked body/frame The average price of $23,333 per car is in line with other recent project cars we’ve seen, considering you have at one end of the spectrum a matching numbers fuelie while at the other end you have, well, half a Corvette. And what’s up with that half-a-vette having a split window rear windshield and 1965-66 quarter panel? These cars took a lot of wear and tear while parked and getting them back is going to cost some dollars. With time and money anything can be restored.
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eBay.com Related:
Barn Find: 1968 Corvette Convertible Technorati Tags:
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April 2007 Corvette Sales

by Keith Cornett on May 2, 2007

April 2007 was the best month for 2007 Corvette sales this calendar year. Customers in April took delivery of 3,227 Corvettes. For the calendar year, January though April, GM has sold 11,403 Corvettes. For comparison, April 2006 saw 3,516 Corvettes delivered and January-April 2006 had sales of 12,808. With the introduction of the 2008 Corvette, with its refreshed interior and the new higher output LS3, it will be interested to see if 2007 Corvettes sales remain steady or fall off even more from their 2006 sales figures.

Month Calendar Year-to-Date
Month 2007 2006 % Change Months 2007 2006 % Change
January 2,234 2,579 -16.8% Jan-Jan 2,234 2,579 -16.8%
February 2,784 3,058 -9.0% Jan-Feb 5,018 5,637 -11.0%
March 3,158 3,655 -16.7% Jan-Mar 8,176 9,292 -12.0%
April 3,227 3,516 -0.6% Jan-Apr 11,403 12,808 -11.0%

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GM.com Related:
March 2007 Corvette Sales Technorati Tags:
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Barn Find: 1968 Corvette Convertible

by Keith Cornett on April 18, 2007

As posted on the Corvette Forum, user Trophy Blue has a friend that found this 1968 Corvette Convertible with 34,000 original miles sitting in a barn. The Corvette was wrecked some 25 years earlier and the car was parked. According to the post, the Corvette sold for under $5,000.

1968 Corvette Barn Car - Interior 1968 Corvette Barn Car - damaged front end 1968 Corvette Barn Car - Optional Hard Top
For those that love barn stories in general, check out the post. Someone replied with a photo that shows 16 Chevelles rotting in a field. Of course you know that someday the owner is going to fix them up and sell them at Barrett-Jackson. He’s just “storing” them until he’s ready. From a pricing perspective this could be a real good buy depending on how the new owner can turn it around. It was the 1968 Corvette T-Top model that led the way at 17% in this year’s Top Appreciating Corvettes from our Corvette Price Guide. The one year appreciation figure for the 1968 Corvette Roadster is 11%.
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First Quarter European Corvette Sales Grow

by Keith Cornett on April 10, 2007

Although the European Market is not all that large for Corvette in terms of volume, it is important for Corvette to continue to make inroads against the European cars it is constantly benchmarked against in their own backyard. First quarter sales of Corvettes continue to show that those inroads are being made. 348 Corvettes were sold by GM Europe in the first quarter of 2007. While year-to-year first quarter sales are up 5.5% with 18 more Corvettes sold this year than last year, year-to-year monthly sales for March 2007 slipped by 26 Corvettes with 162 sold in 2006 versus 136 in March 2007.
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GM.com Related:
March 2007 Corvette Sales Technorati Tags:
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Barrett-Jackson Auction Results: 1967 427/435 Corvette

by Keith Cornett on April 5, 2007

Big Blocks were well represented at the 2007 Barrett-Jackson Palm Beach Auction and I think this ’67 Corvette was one of the gems. Lot # 714.1 is an original, numbers matching 1967 Corvette roadster with only 19,000 original miles. Painted Marina Blue with Black interior, the 2-owner car is powered by a 427 ci 435 hp L71 engine coupled to a 4-Speed, and was equipped with a nice group of options which include: G81 Posi Trac 411 ratio
N1) off road exhaust
F41 special purpose suspension
M21 close ratio transmission
A01 tinted glass
U69 AM/FM radio
QB1 Red Stripe Tires
K66 transistor ignition

This Corvette also came with documentation and a complete photo album. Click here to view the Vehicle Detail page at Barrett-Jackson.com
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Barrett-Jackson
Speed Related:
Barrett-Jackson Auction Results: 1958 Panama Yellow Corvette
Barrett-Jackson Auction Results: 1959 Triple Black FI Convertible
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Palm Beach: Corvette Sales Top $6.2 Million Technorati Tags:
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March 2007 Corvette Sales

by Keith Cornett on April 3, 2007

GM sold 3,158 Corvettes in March 2007, making this the best month so far this year for Corvette sales. The figure was 374 units better than in February 2007, but well behind the 3,655 Corvettes sold in March 2006. For calendar year-to-date sales, 8,176 total Corvettes have been sold. Corvette sales are 12% off of what they were a year ago, with 1,116 more Corvettes sold from Jan-Mar 2006 vs Jan-Mar 2007.

Month Calendar Year-to-Date
Month 2007 2006 % Change Months 2007 2006 % Change
January 2,234 2,579 -16.8% Jan-Jan 2,234 2,579 -16.8%
February 2,784 3,058 -9.0% Jan-Feb 5,018 5,637 -11.0%
March 3,158 3,655 -16.7% Jan-Mar 8,176 9,292 -12.0%

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GM Related:
February 2007 Corvette Sales Technorati Tags:
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Last week I previewed this stunning 1958 Panama Yellow Corvette. At the time I thought it would be one of the top Corvettes to run through the auction based the fact that it is a ’58 Vette with all that chrome, the number of awards, and the dual quads and power top options. The X factor was documentation which wasn’t listed in the description on the Barrett-Jackson website. Turns out this Corvette was second in Corvette sales for the weekend, selling for $165,000 plus the 10% commission for a total of $181,500. The top Corvette for the weekend was the 1959 Triple Black Fuelie. And if you watch the bidding you will see the female buyer of the 1958 Corvette was sitting next to the buyer of the 1959 Fuelie. Back to this 1958 Corvette. The Panama Yellow was offered on only 455 Corvettes and was a unique, one year color. The 283 ci 245 dual quad engine was installed in just 2,045 Corvettes that year. The Power Folding Top option was only offered on 1,090 Corvettes. These limited options will pump up the value of any 1958 Corvette. And then there is the awards and certifications: Multiple regional and national NCRS Top Flights, Bloomington Gold, Gold Spinner and the Duntov Award. This Corvette was also invited to be part of the Bloomington Gold Special Collection.

For a complete description of the Corvette with photos, visit the Vehicle Detail page at Barrett-Jackson.com.
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Barrett-Jackson
Speed Related:
Barrett-Jackson Auction Results: 1959 Triple Black FI Convertible
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Palm Beach: Corvette Sales Top $6.2 Million
Barrett-Jackson Preview: 1958 Dual Quad Corvette Convertible Technorati Tags:
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This 1959 Triple Black Fuelie Sold for $192KLed by a pack of eleven 1967 Corvette Big Blocks and some really impressive Straight Axle C1′s, Corvette sales at the 5th Annual Barrett-Jackson Palm Beach Collector Car Event totaled $6,239,750. A sales commission of 10% is factored into our totals as published on Barrett-Jackson.com. The highest priced Corvette at the Palm Beach auction this year was a triple black 1959 Fuelie with silver coves. The Corvette, advertised as probably the only documented 1959 triple black fuel car to exist, sold for $192,500. Second on the list of top selling Corvettes was a 1958 Panama Yellow Corvette that we profiled last week. The Duntov Award winner sold for $181, 500 and was purchased by a women sitting next to the man that bought ’59 Fuelie. Each of the eleven big block ’67 Corvettes sold for over $100,000 with the top ’67 fetching $170,500. What’s interesting about this auction is the dollars-to-dollars comparison to last year’s Palm Beach auction. Both events had 83 Corvettes cross the auction block, but last year we saw three Corvettes break the $200,000 level. The average sales price in 2006 was $78,970 versus $75,177 this year. Finally, last year’s Corvette sales totaled $6,554,520 versus the $6,239,750 in sales this year, and that’s with a change of commission from 8% in 2006 to 10% in 2007. Barrett-Jackson Palm Beach Corvette Results:

Lot # Year Description Sales Price
376.11954CHEVROLET CORVETTE CONVERTIBLE$58,300
7091954CHEVROLET CORVETTE CONVERTIBLE$143,000
377.11958CHEVROLET CORVETTE CONVERTIBLE$101,200
3891958CHEVROLET CORVETTE CONVERTIBLE$88,000
6741958CHEVROLET CORVETTE CONVERTIBLE$181,500
6911958CHEVROLET CORVETTE CUSTOM CONVERTIBLE$178,200
7111958CHEVROLET CORVETTE RESTO-MOD$159,500
4331959CHEVROLET CORVETTE CUSTOM CONVERTIBLE$68,200
7081959CHEVROLET CORVETTE CONVERTIBLE$192,500
7151959CHEVROLET CORVETTE CONVERTIBLE$137,500
405.11960CHEVROLET CORVETTE CONVERTIBLE$66,000
6891960CHEVROLET CORVETTE CONVERTIBLE$84,700
7231960CHEVROLET CORVETTE CONVERTIBLE$100,100
3981961CHEVROLET CORVETTE CONVERTIBLE$84,700
4241961CHEVROLET CORVETTE CONVERTIBLE$60,500
6641961CHEVROLET CORVETTE CONVERTIBLE$88,000
6731961CHEVROLET CORVETTE CONVERTIBLE$97,900
369.11962CHEVROLET CORVETTE CONVERTIBLE$38,500
665.21962CHEVROLET CORVETTE CONVERTIBLE$78,100
704.11962CHEVROLET CORVETTE CUSTOM CONVERTIBLE$165,000
7341962CHEVROLET CORVETTE CONVERTIBLE$70,400
701963CHEVROLET CORVETTE CONVERTIBLE$45,100
3451963CHEVROLET CORVETTE GRAND SPORT REPLICA$44,000
3931963CHEVROLET CORVETTE CONVERTIBLE$79,200
4091963CHEVROLET CORVETTE CONVERTIBLE$68,200
451964CHEVROLET CORVETTE CONVERTIBLE$48,400
741964CHEVROLET CORVETTE CONVERTIBLE$39,600
359.21964CHEVROLET CORVETTE COUPE$66,000
4121965CHEVROLET CORVETTE CONVERTIBLE$71,500
4301965CHEVROLET CORVETTE COUPE$77,000
629.31965CHEVROLET CORVETTE COUPE$71,500
6711965CHEVROLET CORVETTE COUPE$66,000
3761966CHEVROLET CORVETTE CONVERTIBLE$55,000
629.51966CHEVROLET CORVETTE CONVERTIBLE$62,700
6361966CHEVROLET CORVETTE CONVERTIBLE$71,500
6381966CHEVROLET CORVETTE CONVERTIBLE$74,800
644.11966CHEVROLET CORVETTE CONVERTIBLE$57,200
6771966CHEVROLET CORVETTE CUSTOM CONVERTIBLE$88,000
6961966CHEVROLET CORVETTE CONVERTIBLE$128,700
3921967CHEVROLET CORVETTE COUPE$115,500
4161967CHEVROLET CORVETTE CONVERTIBLE$101,200
6591967CHEVROLET CORVETTE CONVERTIBLE$170,500
667.11967CHEVROLET CORVETTE CONVERTIBLE$108,900
679.11967CHEVROLET CORVETTE CONVERTIBLE$112,200
6831967CHEVROLET CORVETTE COUPE$121,000
6921967CHEVROLET CORVETTE COUPE$115,500
7141967CHEVROLET CORVETTE CONVERTIBLE$167,200
714.11967CHEVROLET CORVETTE CONVERTIBLE$159,500
7211967CHEVROLET CORVETTE COUPE$123,200
7261967CHEVROLET CORVETTE CONVERTIBLE$102,300
7281967CHEVROLET CORVETTE COUPE$110,000
6161968CHEVROLET CORVETTE COUPE$38,500
734.21968CHEVROLET CORVETTE CONVERTIBLE$60,500
3341969CHEVROLET CORVETTE COUPE$26,400
382.11969CHEVROLET CORVETTE CONVERTIBLE$49,500
3831969CHEVROLET CORVETTE CONVERTIBLE$49,500
3861969CHEVROLET CORVETTE COUPE$60,500
638.11969CHEVROLET CORVETTE COUPE$49,500
660.11969CHEVROLET CORVETTE ROADSTER$95,700
9521969CHEVROLET CORVETTE COUPE$24,200
4401970CHEVROLET CORVETTE COUPE$33,000
6171970CHEVROLET CORVETTE COUPE$31,900
916.11970CHEVROLET CORVETTE COUPE$11,000
3481971CHEVROLET CORVETTE CONVERTIBLE$51,700
734.51971CHEVROLET CORVETTE CONVERTIBLE$30,800
7441971CHEVROLET CORVETTE CONVERTIBLE$44,000
4351972CHEVROLET CORVETTE COUPE$40,700
6241973CHEVROLET CORVETTE CONVERTIBLE$39,600
161978CHEVROLET CORVETTE 25TH ANNIVERSARY T-TOP COUPE$17,05
9151978CHEVROLET CORVETTE INDY PACE CAR L-82$23,650
9651978CHEVROLET CORVETTE SILVER ANNIVERSARY PACE CAR$38,500
3361982CHEVROLET CORVETTE COUPE$23,100
9281982CHEVROLET CORVETTE COUPE$24,750
6031984CHEVROLET CORVETTE COUPE$13,200
9251988CHEVROLET CORVETTE COUPE$16,500
45.21990CHEVROLET CORVETTE COUPE ZR1$52,250
954.11991CHEVROLET CORVETTE COUPE$33,000
6051994CHEVROLET CORVETTE CONVERTIBLE$22,000
3461995CHEVROLET CORVETTE CUSTOM COUPE$44,000
334.11998CHEVROLET CORVETTE CONVERTIBLE$28,050
3822000CHEVROLET CORVETTE LINGENFELTER CUSTOM COUPE$71,500
4062000CHEVROLET CORVETTE CUSTOM LINGENFELTER COUPE$55,000
677.12002CHEVROLET CORVETTE Z06 LINGENFELTER CUSTOM COUPE$77,000
    
Total Sales:$6,239,750

Source:
Barrett-Jackson.com Related:
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Preview: 1958 Dual Quad Corvette Convertible
Barrett-Jackson Corvette Sales Top $6.5 Million Technorati Tags:
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