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Rick Conti with a Velocity Yellow Z06 CorvetteFinally the cat is out of the bag. Last week Corvette Conti announced that his site would be down over the weekend for an overhaul. Soon rumors began to swirl that the Corvette sales specialist was leaving Ohio for greener pastures. Tuesday morning, finally ending the “irresponsible speculation” that Corvette owners are apparently famous for, Rick confirmed that he has left Spitzer Chevrolet in Cleveland to join one of the largest Chevrolet dealers in the Midwest, EVS Chevrolet in Random Lake, Wisconsin. The fact that this story has fueled a thread at Digital Corvettes that is nine pages long with people offering well wishes and promises for future Corvette purchases only confirms something I have believed in for some time now. Rick Conti is a Rock Star! You know you’re doing something right when you generate that kind of positive response when your day job is that of a car salesman. But Rick doesn’t just sell cars. He’s sells the dream. He cures the fever by leading the customer on a journey into the Corvette experience. Doubt me? Just take a look at his previous office. EVS Chevrolet is currently a sponsor on the Corvette Forum. It will be interesting to see if EVS tries to maintain a presence on both forums or just concentrate on one. A quick check of their inventory shows 33 Corvettes available so they definitely have the volume. Conti is already making waves in Wisconsin with last night’s announcement that EVS will be offering a change to win a Velocity Yellow Z06 Corvette. So congratulations Rick on the new home. I’m looking forward to reading the new CorvetteConti.com!
Source:
Digital Corvettes Related:
2007 Corvette Pace Car Allocation Info Technorati Tags:
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Despite the fact the this year’s Mecum Winter Classic was held a week after the NCRS Winter Regional Show in Kissimmee Florida, Mecum’s Winter Classic was a rounding success with over $5.5 million dollars in Corvette sales and a 68% sales rate. Of the 154 Corvettes that crossed the auction block, 105 found new homes. 1966 427/425 Corvette CoupeA 1966 Chevrolet Corvette Coupe Race car with a storied past posted the highest sales figure at $362,250. The car was raced by Bob Johnson of the famous Johnson & Johnson racing team. This Corvette won many races in 1967 alone and was notorious for tearing up the SCCA Central Division’s A Production Class in 1966-68. It features a 427/425 hp engine with side exhaust, a teak steering wheel and telescopic steering column. Second on this year’s top sales chart is a 1967 427/435 Corvette Convertible. This well-documented Marina Blue convertible has complete owners history, tank sticker, Bloomington Gold and NCRS Top Flight with judging sheets. The Corvette sold for $204,750. Rounding out the top 3 was another 1967 427/435 Corvette Convertible. This Corvette was White with a Black Stinger and black interior. The options include 4-Speed, Off-Road Exhaust, AM/FM Radio and the Auxiliary Hard top. The Corvette is a Bloomington Gold Survivor with just 39,000 original miles. The Corvette sold for $180,600. Some interesting notes about the Corvettes that rolled through the Mecum Winter Classic. Of the top 10 Corvettes in sales prices, eight were from the C2 1963-1967 Midyear generation while the other two are C1′s. Three Corvettes sold under $10,000. They include a 1976, 1980 and a 1982. And finally, 31 of the 105 Corvettes that sold were Red, accounting for 30% of all sold Corvettes. List of Sold Corvettes at the Mecum Winter Classic in Kissimmee, Florida:

Lot # Year Description Sales Price
S1751954Corvette Red$89,250
S1601956Corvette Red$61,950
F1971957Corvette Green$105,000
S1331958Corvette Red$65,100
S262.11960Corvette Red$86,100
T39.11961Corvette Red$41,475
T301961Corvette White$45,150
F2231961Corvette White$92,400
S2871962Corvette Red$47,250
S1951962Corvette Red$62,475
F147.11962Corvette Black$84,000
T321963Corvette Red$39,900
F1921963Corvette Red$76,125
F2191964Corvette Blue$35,700
F1041964Corvette Red$42,000
F1261964Corvette Red$43,757
S2321964Corvette White$72,450
S1781965Corvette Red$42,000
S161965Corvette White$45,150
S1381965Corvette Blue$53,025
S1761965Corvette White$70,350
S2241965Corvette Red$72,500
F2221965Corvette Maroon$76,125
S941965Corvette Red$150,150
T391966Corvette Maroon$29,400
S2731966Corvette Red$43,050
S191966Corvette Blue$43,575
F1341966Corvette Red$46,725
S2861966Corvette Red$47,250
F1031966Corvette Silver$54,075
S841966Corvette Yellow$56,700
T381966Corvette Yellow$62,475
F2051966Corvette Wht/Blue$69,300
S171966Corvette Black$69,300
S150.11966Corvette Yellow$70,875
T331966Corvette Red$73,500
S1351966Corvette Yellow$73,500
F2321966Corvette Red$126,000
S831966Corvette Black$362,250
F1551967Corvette Black$44,625
T361967Corvette Yellow$52,500
F1621967Corvette Maroon$60,375
S1141967Corvette Yellow$63,000
S2841967Corvette Red$65,625
S2851967Corvette Blue$65,625
S1061967Corvette Yellow$68,250
S2831967Corvette Maroon$73,500
S1031967Corvette White$74,550
S861967Corvette Red$157,500
S1271967Corvette Blue$162,750
S1811967Corvette White$180,600
S1491967Corvette Blue$204,750
F511968Corvette N/A$29,925
S1711968Corvette White$61,950
S205.11969Corvette Yellow$18,900
F2761969Corvette Green$21,525
S1411969Corvette Yellow$40,425
F1521969Corvette Red$58,800
S1131969Corvette Dark Green$59,325
S1071969Corvette Orange$64,575
S1281969Corvette Red$106,050
S101970Corvette Maroon$27,300
F1101970Corvette Grey$43,575
S1551970Corvette Silver$57,750
F2421971Corvette Green$18,375
F801971Corvette LT-1 Blue$23,888
F1741971Corvette Red$30,450
S1961971Corvette Red$33,600
S1621971Corvette Red$34,650
S91972Corvette Orange$24,150
S1471972Corvette Yellow$27,825
T341972Corvette Orange$40,950
F188.11973Corvette Blue$19,425
T51.11973Corvette Orange$21,525
F2171973Corvette Gold$34,650
F2971974Corvette Red$14,175
F1941974Corvette Red$20,213
F2531974Corvette White$25,752
F631975Corvette Blue$33,075
T361976Corvette Red$7,600
T351976Corvette Yellow$14,700
F211978Corvette Silver$10,500
F401978Corvette Silver$15,488
F1511978Corvette Black/Slvr$18,638
F192.11978Corvette Silver$21,000
F2031978Corvette Charcoal$26,250
F20.11979Corvette Yellow$22,838
T39.11980Corvette Silver$9,700
T221982Corvette Crossfile$9,800
F231982Corvette Red$14,175
F311982Corvette Gold$14,438
F461982Corvette Pewter$17,325
S29.11982Corvette Red$18,900
S141982Corvette Silver$19,688
F291986Corvette Black$13,125
S2621988Corvette Grand Sport Red$38,325
F821990Corvette Dark Red$14,175
F921991Corvette Red$14,963
F2331996Corvette LT-1 Purple$17,588
F1021996Corvette Silver$18,900
F2681996Corvette Green$22,575
S2151996Corvette CE Silver$35,963
F2501999Corvette Black$21,263
F452001Corvette Yellow$25,200
T252003Corvette Dark Red$32,188
       
    Total Sales: $5,589,115

Source:
Mecum Auctioneers Related:
Russo and Steele Auction: Corvette Sales Total $2.2 Million
Barrett-Jackson: $14.1 Million in Corvette Sales Technorati Tags:
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Corvette Values: 1989 Corvette Coupe

by Keith Cornett on March 6, 2007

DS of Florida submitted this 1989 Corvette Coupe to Corvette Values:

1989 Corvette Coupe 1989 Corvette Coupe. VIN 1G1YY2187K5118XXX. 1,790 original one-owner miles. Red with red leather interior, L98 5.7 liter 245 hp engine. 6-Speed manual transmission and performance handling package. Leather sport seats, Blue tint removable top, power driver and passenger seats, and Delco Bose stereo system. Excellent condition inside and out. Docs include original bill of sale, temporary tag and installment contract.
This red Corvette coupe has only 1,790 miles and is in excellent condition. Few, if any, 1989 Corvettes are in existence today with this low, low mileage. The VIN # indicates it was built early in the second quarter of the 1989 production year. The curb appeal is excellent with the Red paint. The Corvette is powered by the standard 5.7 liter L98 350 ci/240 hp engine coupled with a rare 6-speed manual transmission. Only 16% of 1989 Corvettes had the manual transmission. It has nearly all of popular options including Leather Sport Seats, Blue-Tint Removable Top, and Power Driver and Passenger Seats. It also has the rare Z51 Performance Handling Package, an option found in only 8% of 1989 Corvettes. Important ingredients in establishing the value of a Corvette are mileage, condition, originality and original delivery documents. This Corvette meets all of these criteria including the original purchase document. We place a value of $25,000 on the described 1989 Sport Coupe. In addition, the average price of a 1989 Corvette Coupe today is showing a one year appreciation factor of 5%. Corvette Appraisals:
With Corvette values rising yearly, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com. Our online appraisals are only $69.95 and are usually completed within three business days. Click here to start your Corvette appraisal now.
Source:
VetteFinders.com Appraisal Service
Related:
Corvette Generational Pricing Highlights of 2006
Appreciating Corvettes: Top 12 Price Gainers of 2006
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February 2007 Corvette Sales

by Keith Cornett on March 5, 2007

GM Sold 2,784 Corvettes in the month of February, 550 more than were sold the month prior. However, sales were -9% off the February 2006 mark of 3,058. For the 2007 calendar year to date, Corvette sales remain -11% off of the 2006 pace. 5,018 Corvettes have been delivered in 2007 compared with 5,637 Corvettes for 2006. Monthly Corvette Sales Report:

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%

Source:
GM Related:
January 2007 Corvette Sales Technorati Tags:
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2007 Corvette Pace Car Allocation Info

by Keith Cornett on February 23, 2007

2007 Indianapolis 500 Pace Car ReplicaCorvetteConti.com has posted some preliminary information about how Chevrolet will allocated the Pace Car Replica Corvette to its dealers. We do know that GM will begin producing the Pace Car replica’s for consumer purchase in May and June. A street date for availability has yet to be released but we do know that it won’t happen prior to the annual Memorial Day 500 race. If you are interested in obtaining a 2007 Indy 500 Pace Car replica, then here are some guidelines outlining how the Corvettes will be allocated:

“The intention is to provide a minimum of one Pace Car replica to each dealer who sold 24 or more Corvettes (including Z06) from 4/1/06 – 3/31/07. (Two Corvettes per month) It is anticipated that approximately 345 dealers will receive at least one Pace Car replica allocation. The balance of the available allocations will be distributed based on each Dealer’s percentage of total Corvette sales for the subject period so that the largest Corvette dealers will then receive multiple allocations. Pace Car allocation will be included within May 2007 estimated shipments and will be communicated as a constraint during the DOSP cycles for TPWs 6/4/07 ~ 6/18/07. Constraints will not be protected and any constraints not utilized by the originally assigned dealer will be made available to other dealers having May Corvette allocation. Using code CCR will help secure allocation. Final determination of individual dealer allocation cannot yet be communicated since a few dealers on the fringe may change between now and the end of March. However, it should be safe to use the 24 Corvette sales cutoff when providing generalized guidance as to whether or not a dealership will have allocation ”
So there you have it. Find yourself a dealer who has a larger allocation of Corvettes, and make sure you bring your checkbook.
Source:
CorvetteConti.com Related:
Dealer Attempts Sale of Ron Fellows Z06 Corvette On eBay
Corvette Convertible to Pace Indianapolis 500 Technorati Tags:
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Dealer Attempts Sale of Ron Fellows Z06 Corvette On eBay

by Keith Cornett on February 20, 2007

The Ron Fellows ALMS GT1 Championship Corvette Z06Plans are being firmed up for how the roughly 300 Ron Fellows ALMS GT1 Championship Z06 Corvettes will be allocated in the US. But that didn’t stop Hare Chevrolet of Noblesville, Indiana for a chance to cash in on the hype surrounding the Artic White Signature Corvette. On February 12, just 5 days following the debut of the car at the Chicago Auto Show, Hare Chevrolet created an ebay auction to sell their allocation of the Z33 Ron Fellows Corvette Z06. If you want it, just bid the amount OVER MSRP that you want to pay for it. The bidding reached $16,700 but failed to make reserve and the auction ended yesterday, February 19th. From the eBay auction:

Bowling Green are only making 300 of these rare Z06′s for sale in the United States!! Hare Chevrolet will be getting ONE of these!! To put it in perspective for all bidders, there are over 4300 Chevrolet dealerships in the country, and once these collectibles are gone, they’re gone. Here is your chance to truely own a Rare Z06… The bid that you are bidding is for the price over MSRP you are willing to pay. Example; winning bidder of $25000.00 will be responsible for MSRP plus $25000.00 plus $125 documentation fee. That’s it.
I’m not against a dealer trying to make a buck or two, and perhaps the auction format is the best way to allow the market to decide who wants the Corvette the most. I am wary of those selling cars that haven’t even been built yet. What if the dealer doesn’t get the allocation? What if the dealer’s owner suddenly decides he wants the car. Too many factors this far out can only lead to dissatisfaction with the dealer and the sales process, thereby reinforcing the axiom of “car dealers are out to screw the customer”.
Source:
eBay.com Related:
2007 Z06 Corvette MSRP Increases Nearly $3K Technorati Tags:
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Corvette Generational Pricing Highlights of 2006

by Keith Cornett on February 9, 2007

Today we conclude our annual Corvette pricing series by taking a look at the Corvette generational pricing highlights of 2006. The years have been good to Corvette and their owners. Every model from 1953-1982 shows yearly appreciation. The newest models are those depreciating, as they should. Yet performance models like the Z06 or special editions like the 1996 Collector Editions and Grand Sports are either holding their own or showing modest appreciation. How many other cars can you point to that offer the same type of investment quality for a fair amount depending on the model and year? The following are highlights from the 2007 Corvette Price Guide: 1953-1962:
1961 Corvette RoadsterGood price performance for these early models with half of them showing double digit appreciation. Last year, in total, these models were the appreciation leaders. This year they share top honors with the mid-year Corvettes. The entry level Corvette for the series continues to be the 1961 model with an average resale price of $41,400 showing an 8% appreciation factor. This is the first year one of the entry models crossed the $40,000 threshold. 1963-1967:
1964 Corvette CoupeThe appreciation range for the mid-years was +2 to +13% with seven of the ten in the series showing double digit appreciation. On average, the mid-years showed the same appreciation factor as the early models during the 2006 calendar year. Their numbers were just short of the 10% mark. At the top of the list, from an average price perspective was the 1967 Roadster at an average price of $52,500. Once again the 1964 Coupe was the entry level Corvette breaking the $30,000 threshold at $31,500. The Roadster continues to command $1,500-$4,500 more than a comparable equipped Coupe with the exception of the 1963 models where the Coupe commands an additional $6,000. In the high price category, all but the 1964 models sold over the $100,000 mark. Of course, these models were an array of Corvettes that had low mileage originals, or were restored, equipped with high performance motors, special options, certification and or/documentation. They were definitely not your typical street driven Corvette. 1968-1982:
1978 T-Top CorvetteThis generation showed a wide range of average prices from a low of $8,600 to almost $26,000. The entry level Corvette a 1978 T-Top reflected a 4% appreciation factor. This “low” price can be attributed to all of the interest in the 1978 T-Top’s companion models, the Silver Anniversary and the Pace Car. These two models represented almost 50% of the 1978 production line. The price leader in the series was the 1970 Roadster, no change from one year ago, at a new average price of $25,900 showing a 9% appreciation factor. When we look at the 1968-1971 models, appreciation levels are comparable to the 1953-1967 models shown in our appreciation chart. The appreciation factor for this series ranged from +2% to +17%. The special editions in the series, The Silver Anniversary, Pace Car and Collector Edition, were all in the +4% to +6% appreciation range. The Pace Car was the price leader at $20,900, followed by the Collector Edition at $18,800 and the Silver Anniversary at $13,500. The price spread between the T-Top and Roadster ranged from $4,400 to $8,800. The latter being the 1975 Roadster at $18,500 compared to the T-Top at $9,700. This time, we see the “last” mystic applied to the Roadster model until the Roadster was reintroduced in 1986. 1984-1996:
1987 Corvette CoupeThis series showed good appreciation results with most of the models moving toward the appreciation classification. The appreciation factor ranged from -4% to +8% for this series. None of the Corvettes reflected double digit appreciation, however 23 of the 38 models showed positive results, seven had no change and eight showed depreciation results. One a comparative basis going back two years, 26 of the 38 Corvettes in this series showed depreciation results; one year ago the number had dropped to 20. The trend is definitely going in the right direction. The high price leader in average price was the 1996 Grand Sport Roadster at $43,400. It is considered rare with the production of only 190 units built. It also showed an 8% appreciation factor this year. It partner, the Coupe, also did well at $33,600 for a +6% appreciation. The ZR-1s in the group showed modest appreciation in the +1 to +3% range with the exception being the 1995 model showing -4% at $41,200. The 1990 ZR-1 continues to sell in the mid-twenties at $26,300. On average the Roadster continues to command $4,000 more than the Coupe. The entry level prices are below the $10,000 with average prices starting at $8,200 for the 1984 Coupe escalating slightly each year to the 1987 Coupe at $9,900. 1997-2004:
2003 Z06 CorvetteThe C5 models continue to head in the right direction as only one showed double digit depreciation in 2006, the previously mentioned 1999 Hardtop. Eleven of the models show depreciation levels at -5% or below compared to -9% one year ago. On the plus side of the ledger, three have reached the plus plateau, the 1998 Coupe at +3% at $20,500, the 1998 Pace Car at +2% at $28,000, and the 2002 Z06 at +2% at $32,500. And the 2003 Z06 was not change at $36,000. Roadster prices compared to the Coupes again had a $3,000 price spread. It is interesting to note the price gap closes in the resale market compared to an average difference of approximately $8,000 between the Roadster and Coupe when purchased new. Another interesting comparison is the Roadster to the Z06. The Z06 has the resale pricing edge at $500-$1,000. Evidently more horsepower outweighs “dropping the top”, however this was the average price spread when purchasing these Corvettes new. You may get tired of hearing this, but the C5 is an outstanding buy in today’s resale market. 2005-2007:
2006 Corvette ConvertibleThere is not much new to add here. Double depreciation for the new Roadster and Coupe after the drive off the showroom floor is normal. The Z06 prices are holding, settling down to the list price rather than the “pent up over sticker” prices given to be an early owner of these power machines. Our database showed the 2006 Z06 at a modest -1% depreciation factor. Should the Corvette Super Sport 650HP model be announced as a production vehicle, the impact on the sixth generation Z06 will be interesting to see! The 2007 Corvette Price Guide contains data from the sales of over 5,800 Corvettes from last year to give us the High, Low, and Average prices of all Corvette model years and body styles. The guide also contains appreciation and depreciation figures for One, Two and Five years, as well as pricing for options including motors, wheels and A/C. Available now for $20 through the VetteFinders.com online store. Shipping is now free.
Source:
VetteFinders.com
Data Provided by Vette-N-Vestments Related:
VetteFinders.com Releases Annual Corvette Price Guide
Appreciating Corvettes: Top 12 Price Gainers of 2006
Depreciating Corvettes: Top 12 Price Declines of 2006 Technorati Tags:
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Depreciating Corvettes: Top 12 Price Declines of 2006

by Keith Cornett on February 8, 2007

The depreciation chart starts with the 2006 C6 generation – certainly no surprise. The double digit depreciation is the norm for a new Corvette that has been on the street for more than two years. The same holds true for the last of the C5 models, 2004 Corvettes. Evidently there is not a “last model” mystic for the C5 generation yet.

TOP DEPRECIATION MODELS
Year Model % Change Average Price
2006 Coupe -15% $43,500
2006 Roadster -14% $51,500
2005 Roadster -13% $48,000
1999 Hardtop -12% $19,000
2005 Coupe -11% $39,500
2000 Roadster -8% $25,800
2000 Hardtop -8% $20,800
2001 Roadster -7% $28,000
2003 Roadster -7% $35,500
2003 50th Roadster -6% $38,000
2004 Coupe -6% $34,000
2004 Roadster -6% $38,500
1999 Corvette HardtopThe early hardtops, 1999 and 2000 made the list with their special body style without any performance enhancements, as well as no removable top options. This ties in with the fact that no Z06’s made the depreciation list this year. Adding performance to the hardtop made a big difference from a resale perspective.
2003 50th Anniversary RoadsterThe 2003 Anniversary Roadster made the depreciation chart this year showing a -6% factor in average resale price. As one may recall, the 2003 Anniversary model was available in a Coupe and a Roadster at an add-on price of $5,000 for the Anniversary package that included the preferred equipment group and F-55 Magnetic Selection Ride Control. Had these two options been ordered on a non-anniversary model, the price tag would have been $2,895, making the true cost of the Anniversary package $2,105. The production for the Anniversary Roadster was 7,547 units and the Coupe at 4,085. The 2003 Anniversary Coupe is showing a 5% depreciation in average price. The difference can be related to the Coupe being the rarer of the two models with less production numbers. Bottom Line: Compared to one year ago, the C5 Corvettes show a lesser degree of depreciation. These models are a truly outstanding buy in today’s resale market considering their performance, handling and comfort/convenience features. Tomorrow, we’ll conclude our annual Corvette pricing series by taking a look at the Corvette generational pricing highlights of 2006. The 2007 Corvette Price Guide contains data from the sales of over 5,800 Corvettes from last year to give us the High, Low, and Average prices of all Corvette model years and body styles. The guide also contains appreciation and depreciation figures for One, Two and Five years, as well as pricing for options including motors, wheels and A/C. Available now for $20 through the VetteFinders.com online store. Shipping is now free.
Source:
VetteFinders.com
Data Provided by Vette-N-Vestments Related:
Appreciating Corvettes: Top 12 Price Gainers of 2006
VetteFinders.com Releases Annual Corvette Price Guide Technorati Tags:
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Appreciating Corvettes: Top 12 Price Gainers of 2006

by Keith Cornett on February 7, 2007

Corvette continues with another great year that ended on December 31, 2006. The new models continued to impress the consumers with media recognition and numerous awards. In the Corvette resale arena, once again our concept of “Vette-N-Vestments” continued to move up the model years with positive results in average price. As shown in our 2007 Corvette Price Guide, positive results convey through the third generation Corvettes, 1953-1982. The fourth generation Corvettes, 1984-1996, there are 30 of the 38 models showing no change or positive results in resale value appreciation. The good news continues with the fifth generation Corvettes, 1997-2004 with three models showing positive results and two reflecting no change compared to none in this classification one year ago.

TOP APPRECIATION MODELS
Year Model % Change Average Price
1968 T-Top 17% $19,500
1973 T-Top 16% $13,900
1954 Roadster 15% $50,600
1971 T-Top 15% $19,500
1971 Roadster 15% $23,500
1963 Roadster 13% $36,000
1970 T-Top 13% $21,300
1958 Roadster 12% $46,200
1962 Roadster 12% $45,000
1965 Coupe 12% $38,300
1965 Roadster 12% $40,200
1966 Roadster 12% $44,000
Once again we have identified the top Corvettes from an average price appreciation perspective. We had previously called this our “Top Ten” Chart, however, it has now been increased to TWELVE based on five models showing an appreciation of 12%. Of interest is the generation spread on the “Top 12 Appreciation Chart”. The chart covers three generations of Corvettes with the results rather evenly spread among them. Most likely the reason for new arrivals on the chart is that the Corvette enthusiast, both new and old, have realized they can be the proud owner of a Corvette regardless of price, year or body style. It is quite apparent that pre-1984 models continue to appreciate. Many of today’s buyers do not have the funds to step up to the 1953-1967 models so they are “investing” in the 1968-1982 models with many of these showing appreciation levels comparable to the S&P Stock Market Index. Should there be a market correction in the near future, these owners will still know they have the satisfaction of driving their investment. 1968 T-Top CorvetteHeading the top of the average appreciation chart is the 1968 Corvette T-Top at 17% average appreciation over a year ago. The 1968 T-Top has made our “Top Ten” list for the past three years. The two year appreciation factor for this model was 31% and the five year growth was at 63% – certainly better than the market in almost any regard. Adding to the interest in the 1968 T-Top is the long list of optional motors available, including the very collectable L- 88, 427/430 of which only 80 units were built. Close behind is the L-89 with the aluminum heads for the 427/435 motor. Only 624 of these were built. One may wonder why the 1969 model did not make the top appreciation list this year since it is virtually the same body style as the 1968 models along with the same motor options. Historically, buyers initially stayed away from the 1968 model year in part due to the numerous engineering changes/modifications that were incorporated into the 1969 model year. That is changing. In recent years we had noted a run-up in 1969 model year prices and these prices stabilized this year, so no record appreciation growth for the 1969 models in 2006. 1973 T-Top CorvetteThe number two appreciation spot was somewhat of a surprise showing the 1973 T-Top at 16%. Evidently the new front bumper treatment that makes the 1973 model unique coupled with its traditional rear chrome bumpers and new front end had not been a problem for consumers in the recent resale market. This model still remains priced at $5,000 below its T-Top predecessors.
1954 Corvette RoadsterHolding down third position was one of the early models, a 1954 Roadster, always a classic. For a number of years, the appreciation factor of this model was at a minimum. Our 2004 and 2005 Price Guides showed the average price for the 1954 Roadster to be in the mid to upper thirties. One year ago it made the top ten list showing a 12% appreciation factor at $43,900. This year it has broken the $50,000 threshold at $50,600. With the 1953 “look-alike” selling at an average price of over $100,000, the 1954 model, available in a number of rare colors, has whet the appetite of first generation enthusiasts. 1971 T-Top CorvetteThe appreciation chart continues with the 1971 T-Top and Roadster along with the 1970 T-Top. Again the collectability and appreciation factor of the early models of the third generation Corvette is being realized by the consumer, consequently the average resale price is being driven to record levels. The word on the street is, “if it has a chrome bumper, buy it!”
1958 Corvette RoadsterAnother perennial contender on the appreciation chart is the 1958 Corvette with its unique, one year only, louvered hood and dual chrome strip on the trunk lid. When introduced, the media had mixed emotions on the new body style. It was a ‘love it’ or ‘hate it’ affair. Today it seems the Corvette enthusiast is more interested in ‘love’.
1962 Corvette RoadsterThe 1962 Corvette, last of the solid axle Corvettes, reappears on the appreciation chart. The last year mystic of its generation was instrumental in its appearance on the list again this year. Evidently the same desire shown the 1967 model in the mid-year generation is bringing buyers to the 1962 model, last of its generation. Speaking of mid-years, the appreciation chart closes out with three of these classics represented. These models have been under-priced when compared to the 1967 models. They too, offer several high performance motors and rare options to entice buyers in the resale market. Tomorrow, we’ll post our list of Corvettes with the highest depreciation. The 2007 Corvette Price Guide contains data from the sales of over 5,800 Corvettes from last year to give us the High, Low, and Average prices of all Corvette model years and body styles. The guide also contains appreciation and depreciation figures for One, Two and Five years, as well as pricing for options including motors, wheels and A/C. Available now for $20 through the VetteFinders.com online store. Shipping is now free.
Source:
VetteFinders.com
Data Provided by Vette-N-Vestments Related:
VetteFinders.com Releases Annual Corvette Price Guide Technorati Tags:
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VetteFinders.com Releases Annual Corvette Price Guide

by Keith Cornett on February 6, 2007

2007 Corvette Price GuideOur Corvette classifieds website VetteFinders.com has released the annual Corvette Pricing Guide and later this week, I will be posting an analysis of the Corvette Pricing Trends from 2006 on CorvetteBlogger.com. This year marks the 7th annual release of Corvette pricing data and it remains a feature unique to VetteFinders.com in the online Corvette classified’s arena. The 2007 Corvette Price Guide contains data from the sales of over 5,800 Corvettes from last year to give us the High, Low, and Average prices of all Corvette model years and body styles. The guide also contains appreciation and depreciation figures for One, Two and Five years, as well as pricing for options including motors, wheels and A/C. The online version features the average prices of over 115 different Corvette models spanning 1953-2007. The printed version, which contains High/Low and Average prices as well as appreciation/depreciation percentages is available for $20 and can be purchased through the VetteFinders.com online store. Shipping is now free. The top appreciation gainers include the 1968 T-Top Corvette, which grew in value over 2005’s prices by 17% and the 1973 T-Top Corvette, whose prices averaged 16% over the previous year. The 1968 T-Top has made our “Top Ten” list for the past three years. The two year appreciation factor for this model was 31% and the five year growth was at 63% – certainly better than the market in almost any regard. The number two appreciation spot was somewhat of a surprise showing the 1973 T-Top at 16%. Evidently the new front bumper treatment that makes the 1973 model unique coupled with its traditional rear chrome bumpers and new front end had not been a problem for consumers in the recent resale market. This model still remains priced at $5,000 below its T-Top predecessors. We’ll have more on the top models from both an appreciation and depreciation perspective later this week. Data from the price guide comes from analyzing the selling prices of over 5,800 Corvettes during 2006 and then comparing the sales figures to years prior. That method has proven to be a statistically accurate measure of the Corvette Market. Bob Kroupa of Vette-N-Vestments, is the data provider for the annual guide and publisher of the monthly Corvette Market Letter. Regarding this year’s analysis, Bob said “In the Corvette resale arena, once again our concept of “Vette-N-Vestments” continued to move up the model years with positive results in average price. In fact, all models from 1953-1982 show positive growth in values over the previous year.”
Source:
VetteFinders.com
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