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 | GM
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 canâ€™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: Corvette | 1969 | Values
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: Corvette | eBay | Barrett Jackson
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.
Technorati Tags: Corvette | NASA | eBay
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.
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!!
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: Corvette | Yahoo Answers | values
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|
|S21||1954||Corvette Polo White||$60,000||Bid|
|F532||1967||Corvette L-89 Silver||$115,500||Sold|
|S59||1967||Corvette Marina Blue||$83,000||Bid|
|T89||1979||Corvette Dark Blue||$8,500||Sold|
|F149||1979||Corvette L-82 Red||$20,475||Sold|
|F11||1990||Corvette ZR-1 Black||$24,000||Bid|
|U525||1990||Corvette ZR-1 Red||$24,500||Bid|
|U10||2004||Corvette Z06 Black||$39,000||Bid|
Technorati Tags: Corvette | Auction
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:
Technorati Tags: Corvette | Sales