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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%.
Source:
CorvetteForum.com Related:
Corvette Barn Find Technorati Tags:
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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.
Source:
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
Source:
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%

Source:
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.
Source:
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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As mentioned in our analysis of the Barrett-Jackson Palm Beach Collector Car Event, the top Corvette at the auction was this black/silver 1959 convertible. The fuel injected Corvette convertible was billed on the BJ website as “probably the only documented Real Triple Black 59 fuel car to exist.” The fact that it is a multiple NCRS Top Flight award winner, as well as receiving a Bloomington Gold certificate and the coveted Duntov Award makes this Corvette a must-have for a serious Corvette collector.

Click here for the description and photos of the 1959 Fuelie on the Barrett-Jackson website.
Source:
Barrett-Jackson
Speed Related:
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Palm Beach: Corvette Sales Top $6.2 Million Technorati Tags:
| |

The first day of bidding at a Barrett-Jackson auction is often the best time to find a deal, or at the very least, buy a car without the infamous BJ markup that we’ll see later this weekend. But who would of thought that after the first day, a 1990 ZR1 Corvette would be in the list of top 10 cars? Sold for $47,500, with buyer’s commission the total sales price was $52,250. This 1990 ZR1 Corvette is a museum piece with only 800 miles, full documentation and as the case with most cars in its stored condition, has the obligatory “Never Seen Rain” statement. It’s number 727 out of 3049 ZR1′s produced in 1990.

As you watch the clip, the Speed announcers make a couple of generalizations and misstatements about this “King of the Hill” Corvette, including a comment about how the owner could have done better with the “early 80′s Pace Cars”. But we’ll forgive them as they were still on a high from the ’67 GTO that rolled just prior to the red Corvette.
Source:
Barrett-Jackson
Speed Related:
Barrett-Jackson Preview: 1958 Dual Quad Corvette Convertible
Barrett-Jackson Preview: Corvettes Line Up for Palm Beach Auction Technorati Tags:
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1958 Dual Quad Corvette ConvertibleBarrett-Jackson’s Palm Beach Collector Car Auction begins tonight and Speed TV will be broadcast three hours of coverage beginning at 9pm eastern time. Tonight and Friday night’s 6 hours of coverage will be tape-delayed, but on Saturday, Speed TV will be broadcasting the auction live from 12 noon to 8 pm. Time to set the TIVO! Looking through the list of available Corvettes, this 1958 Convertible really caught my eye and will be one to watch when it crosses the auction block. Lot number 674 is a 283 ci/245 hp dual quad Corvette in Panama Yellow with White Coves and a charcoal interior. The engine is coupled to a 4-speed transmission and it has the rare power top option. Less than 12% of the Corvettes in 1958 had the RPO 473 Power Folding Top option. The Corvette was recently treated to a no expenses spared restoration to NCRS specifications. Check out the awards this Corvette has won over the last couple of years: Multiple NCRS Regional and National Top Flight Awards 2004-2006
NCRS Performance Verification Award 2006
Bloomington Gold Certification 2004
Gold Spinner Concourse Award 2004
TRIPLE CROWN 2004
NCRS Duntov Award 2006 The 1958 Corvette model year has seen its values skyrocket over the last five years, appreciating at a whopping 76%. Our average price is $46,200 but if this Corvette is well documented and with the awards it has won, it should be close to, if not surpass, our high price of $145,000.
Source:
Barrett-Jackson Collector Car Auction
VetteFinders.com Corvette Price Guide Related:
Barrett-Jackson Preview: Corvettes Line Up for Palm Beach Auction Technorati Tags:
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1967 Corvette Convertible 427/435 Big BlockOver 80 Corvettes are scheduled to cross the auction block at the Barrett-Jackson Collector Car Event next weekend in Palm Beach, Florida. As usual, a large contingent of 1967 Corvette Big Blocks, making up a remarkable 13% of all Corvettes for sale at the Palm Beach event, will be available for collectors. The 11 big blocks include Corvettes with engines ranging from the 427/390 to the tri-power 427/435:

LOT MODEL ENGINE
392 1967 CHEVROLET CORVETTE COUPE 427/435
416 1967 CHEVROLET CORVETTE CONVERTIBLE 427/435
659 1967 CHEVROLET CORVETTE CONVERTIBLE 427/435
667.1 1967 CHEVROLET CORVETTE CONVERTIBLE 427/425
683 1967 CHEVROLET CORVETTE COUPE 427/435
692 1967 CHEVROLET CORVETTE COUPE 427/435
714 1967 CHEVROLET CORVETTE CONVERTIBLE 427/435
714.1 1967 CHEVROLET CORVETTE CONVERTIBLE 427/435
721 1967 CHEVROLET CORVETTE COUPE 427/400
726 1967 CHEVROLET CORVETTE CONVERTIBLE 427/390
728 1967 CHEVROLET CORVETTE COUPE 427/400
“These Big Block Corvettes headed to South Florida demonstrate our ability to continually consign the most desirable, highly sought after collector cars,” said Craig Jackson, CEO of the Barrett-Jackson Auction Company. “Nothing represents pure American power and speed like a Big Block Corvette.”

“The bar was raised for Big Block Corvettes when ‘The Last Corvette’ sold for $660,000 at our Scottsdale 2007 auction,” said Steve Davis, president of Barrett-Jackson. “That winning bid created quite a stir and helped fuel the awareness and demand for these iconic Corvettes.”
The Barrett-Jackson Palm Beach Collector Car Event will be held March 28th – April 1st at the South Florida Expo Center. Speed TV will provide televised coverage of the event.
Source:
TheAutoChannel.com
BarrettJackson.comt Related:
Barrett-Jackson: $14.1 Million in Corvette Sales Technorati Tags:
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