GM’s August sales report hit yesterday and the news regarding Corvettes was good. GM reported that calendar year Corvette sales are up 20% with 24,847 delivers through August 2006 vs 20,708 through August 2005. Year to year monthly sales were up nearly 31% with 2,990 delivers in Augutst 2006 vs 2,202 in August 2005.
There were twenty-seven selling days for the August period this year and twenty-six for last year.
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One of the timeless debates about classic Corvettes revolves around modding/customization versus the pursuit of Matching Numbers restoration. We see these conversations all the time on some of the forums and people are usually quite passionate on both sides of the debate.
The dog days of August are upon us and nothing will cool you down faster than cruising in your new Corvette. If you’ve been dreaming about getting behind the wheel of a Corvette, there is no better place to start looking than VetteFinders.com. The following six cars were highlighted in our August Featured Corvettes Newsletter which is just a small sampling of the 500+ Corvettes now available.
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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
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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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