This SlideShowPro photo gallery requires the Flash Player plugin and a web browser with JavaScript enabled.

Marketplace

June’s Corvette Sales

by Keith Cornett on July 6, 2006

GM reported that Corvette sales were up 21.6 percent year to year with 2,938 deliveries vs 2,417 deliveries in June 2005. Calendar year sales are also up 14.6% with 19,063 Corvettes sold in 2006 vs 16,634 in 2005. While GM is getting hammered by the press and pundits for having a 25% decline in total sales, mostly due to the success of last year’s employee pricing program, Corvette remains a bright spot for the General as the 2006 model year closes out.
Technorati Tags: |

Corvette Values: 1969 Corvette Convertible

by Keith Cornett on June 28, 2006

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 can’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: | |

Gus Grissom’s 427 Corvette a No-Sale

by Keith Cornett on June 26, 2006

The 1967 Corvette Convertible owned by Astronaut Gus Grissom was a no sale on e-Bay today as the high bid of $310,100 failed to reach the seller’s reserve price. While we do not know what the reserve price was, we did speak with Dr. Marv Friedman to find out what his plans are for selling Grissom’s 427/435 land rocket. Marv said he has listed it twice now on eBay and that this was the second and final listing. The first was in May 2006 where the Corvette reached a high bid of $375,000 but still failed to reach reserve. If the car didn’t sell via eBay then it would tailored out to the Barrett-Jackson auction in January 2007. “I have already spoken with Craig Jackson to make plans to bring the Corvette out to Scottsdale in January for the 36th Barrett-Jackson Auction”, said Marv and continued, “We’re making plans for Jim Rathmann, the former Florida car dealer who sold the Corvette to Gus and who was good friends with him and his wife Betty, to be on the podium to introduce the Corvette.” Marv said that while he did have some offers on the Corvette, one substantial offer would have resulted in the Corvette being taken out of the United States. Marv declined the offer but acknowledged that the winner of the bidding for the Corvette at Barrett-Jackson could end up doing the same thing. Marv mentioned that he is also working on establishing a Gus Grissom Scholarship at Purdue University, where Gus attended college. 2007 will mark the 40th Anniversary of the fire that took the lives of Gus Grissom and fellow astronauts Roger Chaffee and Edward White during a launch pad test at the Kennedy Space Center. View the eBay listing which has some great stories about Gus and his Corvette as well as lots of photos and documentation.
Technorati Tags: | |

Gus Grissom’s 1967 Corvette Listed on eBay

by Keith Cornett on June 20, 2006

Space Pioneer Gus Grissom had the right stuff when it came to his Red 1967 Corvette Convertible. Nights were spent on the deserted tracks and back roads of Melborne, Florida racing other astronauts. The story goes fellow astronaut Alan Shepard, who fashioned a reputation for himself as “Mr. Corvette”, couldn’t beat Gus’ 427 Corvette as Gus had installed a 4:56 rear end giving him a tremendous edge in 1/4 mile racing. Grissom, the second American in space, and the first American to travel into space twice, was also one of the first to die in the U.S. space program. His Corvette went through four owners before winding up with Jim Falkowski, who purchased the Corvette in 1985 for $9,995. During Jim’s ownership, the Corvette won many awards including NCRS Top Flight, multiple Cypress Gardens, the National Corvette Homecoming in Bowling Green and has been featured in numerous magazines, news articles and calendars.

There is something about a car once owned by a national hero. When paired with a ’67 427/435 Red Convertible, the myth grows exponentially. Now the Gus Grissom Corvette is listed on eBay, giving someone a chance at owning history. Current bid as of June 20th was $178,099 with the Reserve not yet met. The auction runs through June 26th. Source: eBay, Wikipedia
Technorati Tags: | |

Corvette Values: 1974 Corvette

by Keith Cornett on June 19, 2006

PLE submitted the following Corvette pricing question via Yahoo! Answers and we decided to take a look at it. Two days later we received an email from Yahoo stating that our answer was his favorite. PLE’s Question: I need to sell this car very soon. Would rather use online auction other than ebay. Need help from corvette collectors out there. Matching numbers, all original 36K miles, car is sweet. Asking $23,000. Is this too much or too little? Thanks!! Our Answer: Unless your Corvette has a 454, is a convertible and is in show condition, then you are asking a a bit too much for your Corvette. 36K miles though is great for a 74 and a matching numbers to boot! eBay will give you a good idea of where your Corvette should be priced based upon demand. Our annual price guide puts the high around $19K although an average price can be half of that. If your Corvette doesn’t sell on eBay, you may also want to consider a corvette-only site like VetteFinders.com or usedcorvettesforsale.com or list it on one of the Corvette forums. Source(s): VetteFinders.com’s Corvette Price Guide
Technorati Tags: | |

Bloomington Gold Corvette Auction Preview

by Keith Cornett on June 16, 2006

Today begins the most significant Corvette auction of the year and the one that sets the Gold Standard for all other Corvette auctions to follow. Yes, I’m talking about the 34th Annual Bloomington Gold Corvettes USA show at St. Charles, Illinois. Mecum Collector Car Auctioneers is once again handling the Gold Auction and from taking a look at the list of Corvettes already consigned to the show, I can tell you that that this is going to be a good one. Here are six of the most valuable Corvettes to go through the Bloomington Gold Auction. Click the photo for a larger picture or click the link to view the description:

1953 – #005 1955 – #009 1967 – L89
     
1967 – L89 1967 – L88 1969 – L88
Included in this year’s Gold Auction are some very rare Corvettes. Two 1953 Corvettes, including #005 which was the first Corvette sold to the public, will be going through the auction on Saturday. The second 1953 Corvette will be paired with a 1993 Corvette, both carrying the matching serial number of #258. Also featured will be 10 classic Corvettes from the Dr. Vance Shappley Collection. Included in this collection is a pair of original GM factory styling cars, a pair of Z-06 coupes and a 1969 L88 Coupe. The two Z-06 coupes, a 1963 and a 1964, will be sold as a pair; the remaining eight will be sold individually. And what would Bloomington Gold be without some rare Big Blocks? This year, three of the most sought after 1967 Corvettes will make their appearance on the Auction Block. Two L89 Corvettes – a convertible and a coupe – both with matching number 427/435 engines featuring the L89 aluminum heads will be sold Saturday afternoon. The L89 option was so rare in 1967 that only 16 were produced. Both cars contain extensive documentation. Next is a 1967 Corvette Coupe with a 427/435 L88 – 1 of only 20 produced. These three Corvettes should see high six figures if not passing the million dollar mark based on the current collector car market. Check back next week or subscribe to our newsletter as we will be posting the prices for all Corvettes sold at the 2006 Bloomington Gold Auction. Source: Mecum Collector Car Auctioneers
Technorati Tags: |

Official 2007 Corvette Pricing Announced

by Keith Cornett on June 12, 2006

CorvetteConti.com posted the official pricing for the 2007 Corvette on his website. Prices listed include the three Corvette modes: Coupe, Convertible and Z06 as well as all the options. One new option that I had not heard before is RPO D30 option which allows you to mix and match interior and exterior colors. For example, the non-standard combo Blue with a red interior is now possible with this option at $590.00. Very cool indeed!

MODELS
Coupe w/ $825 destination charge
$44,970
Convertible w/ $825 destination charge
$52,910
Z06 w/ $825 destination charge
$66,465!
 
INTERIOR
UE1 – ON STAR
$695
D30 – NON RECOMMENDED COLOR COMBO
$590
**6 NEW TWO TONE SEATS
$695
Z51 – PERFORMANCE PKG
$1,695
U3U- NAVIGATION
$1,750
U3U & 1LZ (Z06 only)
$3,640
US9 & 1LZ (Z06 only)
$1,890
C2L – ROOF PACKAGE
$1,400
CC3 – TRANSPARENT ROOF
$750
 
TRANSMISSION/SUSPENSION
F55 – MAGNETIC RIDE w/ DRILLED ROTORS
$1,995
MN6
NC
MX0-AUTOMATIC
$1,250
 
WHEELS
Q44 – Z06 COMP GREY WHLS
$395
QL9 – HIGH POLISHED Z06 WHLS
$1,495
QG7 – HIGH POLISHED WHLS (cpe & cvt)
$1,295
QX1 – COMP GREY WHL (cpe & cvt)
$395
QX3 – CHROME WHEEL (cpe & cvt)
$1,850
 
PACKAGES
Z06
1LZ
2L
$3,845
 
COUPE & CONVERTIBLE
1LT
N/C
2LT
$1,495 coupe
2LT
N/C convertible
3LT
$4,945 (coupe)
3LT
$5,540 (convertible)
 
PREMIUM EXTERIOR COLORS
19U LEMANS BLUE
$300
45U VELOCITY YELLOW
$750
80U MONTEREY RED
$750
83U ATOMIC ORANGE
$750

Technorati Tags: | |

Auction Results: Mecum Spring Classic

by Keith Cornett on June 9, 2006

At the 19th Annual Mecum Spring Classic Auction held at the Boone County Fairgrounds in Belvidere, Illinois over Memorial Day weekend, 48 Corvettes ranging from a 1954 Polo White Convertible to a 2004 Black Z06 crossed the auction block. Of the 48 Corvettes, 30 were sold for $1,122,714 in total Corvette sales. The highest selling price went to a 1967 Sunfire Yellow Convertible (pictured) with a 427/435 engine which sold for $147,000 while the lowest price paid was $7,500 for a 1976 T-Top Corvette. A black ’67 Corvette had the highest bid overall but was a no-sale at $200,000. Corvette Auction Results:

Lot # Year Description Sales Price Status
S211954Corvette Polo White$60,000Bid
F1251957Corvette Red$71,000Bid
F1261958Corvette White$40,950Sold
S5871959Corvette Red$63,000Sold
F501961Corvette Maroon$64,575Sold
S641962Corvette Maroon$61,950Sold
S91963Corvette White$43,050Sold
F871964Corvette Red$39,500Bid
S33.11964Corvette Red$49,000Bid
S411964Corvette Red$47,500Bid
F641965Corvette Maroon$59,850Sold
U5591965Corvette Blue$61,950Sold
M81965Corvette$16,800Sold
S311966Corvette Silver$95,550Sold
S531966Corvette Blue$68,250Sold
F1641967Corvette Maroon$36,750Sold
F5321967Corvette L-89 Silver$115,500Sold
F5731967Corvette Blue$150,000Bid
F581.11967Corvette Red$170,000Bid
S591967Corvette Marina Blue$83,000Bid
S553.11967Corvette Black$200,000Bid
S5601967Corvette Yellow$147,000Sold
T441968Corvette Red$21,525Sold
F401969Corvette Red$31,000Bid
F1321969Corvette Silver$20,000Bid
F1651969Corvette$32,000Bid
F578.11969Corvette Yellow$37,275Sold
S911969Corvette Black$46,463Sold
U221971Corvette Red$12,600Sold
U241971Corvette White$26,250Sold
S5061972Corvette Red$31,500Sold
U1341972Corvette Silver$40,000Bid
S1611973Corvette Gold$28,350Sold
U301975Corvette Orange$10,763Sold
U601975Corvette Red$14,700Sold
T1331976Corvette Red$7,500Sold
T891979Corvette Dark Blue$8,500Sold
F1491979Corvette L-82 Red$20,475Sold
F571982Corvette Silver/Green$17,000Bid
F351986Corvette White$15,750Sold
F1291988Corvette White$15,750Sold
F111990Corvette ZR-1 Black$24,000Bid
U5251990Corvette ZR-1 Red$24,500Bid
S161991Corvette Red$16,013Sold
U81991Corvette Red$15,000Bid
F581994Corvette Copper$16,800Sold
F481996Corvette Silver$17,325Sold
U102004Corvette Z06 Black$39,000Bid
Source: Mecum Collector Car Auctioneers
Technorati Tags: |

Featured Corvettes at VetteFinders.com

by Keith Cornett on June 2, 2006

June is here and Corvette season is now in full swing. If you’ve been dreaming about a new Corvette, there is no better place to find Corvettes for sale than VetteFinders.com. The following six cars were highlighted in our June Featured Corvettes Newsletter which is just a small sampling of the 500+ Corvettes now available:

1966 Convertible
$105,750
1972 Convertible
$28,900
1980 T-Top
$17,900
 
1996 Coupe
$16,500
2002 Z06
$33,900
2005 Coupe
$47,500
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.
Technorati Tags: |

Corvettes Go Irish

by Keith Cornett on June 1, 2006

Corvette and Cadillac dealers have been appointed for 4 Irish cities including Dublin, Limerick, Galway and Waterford said Eddie Kavanagh, who is the Sales Director for Cadillac and Corvette Ireland. “These are two of the best know car brands worldwide and we are delighted to bring them to Irish motorists” said Kavanagh. The move continues GM’s expansion into foreign markets. Last month it was reported that GM was also considering setting up a sales distribution chain in Australia for Corvette. Source: Roscommon Herald
Technorati Tags: | |