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Deciphering the Confusing 2014 Corvette Collector Market

In a few days two prophetic auctions will take place that collectors of Corvettes will want to keep their eyes on whether they plan to bid at these auctions or not. The two biggest sellers of collector Corvettes in the country, Mecum and Barrett-Jackson will be holding their second important collector auctions of 2014. The reason these auctions are important is because after some mixed and difficult to interpret first quarter Corvette auction results, we should get a better read on the Corvette collector market and where it is headed for this year. After a spectacular 2013 which saw new records set on “blue chip” Corvette prices, and while the Corvette segment of the collector market was strong for most rare and well optioned cars, at this point it is difficult determine whether last year’s strong market tends will continue for 2014.

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Via CorvetteVideos.TV

Corvette Nation’s Michael Brown (Director of The Quest) visits Mecum’s Dallas 2013 Auction and takes us inside a very unique car collection owned by the late Mr. Buddy Herin. This Corpus Christi, Texas resident was the seller of the 1967 L88 Corvette which set a world record price at $3.2 Million for a Corvette sold at a public auction. Also included in the collection is a 1957 “Air Box” Corvette, a 1962 big brake fuelie Corvette and a 1963 Red/Red Corvette Z06.

Visit CorvetteVideos.TV for the best selection of hand-picked Corvette videos.

 

Top Corvette Dealers for 2014 (so far)

by Keith Cornett on April 2, 2014

Top Corvette Dealers for 2014 (so far)

We got this report today which details Corvette sales by dealers for the calendar year 2014 and thought it was worth sharing. With over 3,000 Chevrolet dealers across the country, these 87 dealers represent approximately 41% of all Corvette sales from January-March 2014 which totaled 8,179.

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March 2014 Corvette Sales

by Keith Cornett on April 2, 2014

March 2014 Corvette Sales

General Motors released the latest monthly sales figures late afternoon yesterday. For March 2014, Corvette sales were booming with a total of 3,480 Corvettes delivered for the month. That was a 230.5% increase over the same time last year which saw just 1,053 Corvettes sold in March 2013. March 2014′s deliveries were 42.7% higher than the 2,438 deliveries in February 2014.

For the Calendar Year (January-March) 8,179 Corvettes were reported sold vs 2,941 in 2013 for an increase of 178.1%.

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Forgiato Widebody C7 Corvette Stingrays Now Available in Multiple Flavors

We’ve talked about the Forgiato Widebody C7 Corvette Stingrays before because frankly, we think they’re cool. And while some other auto sites and Corvette traditionalists continue to bash these cars, we hold them up as great examples of the what can be done with a base Corvette Stingray when you have time, money and a vision.

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Cadillac Europe to Sell Chevy Camaro and Corvette Models

In a stunning move last December, General Motors announced that it would be phasing Chevrolet out of the European market by the end of 2015 due to a challenging business model and instead it will focus its efforts on the automaker’s existing European brands, Opel and Vauxhall. GM did say that it would continue to sell “select iconic” Chevrolet-badged models in Europe but details were unspecific at the time.

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[ACCIDENT] 2014 Corvette Stingray with 562 Miles is a Totaled Mess

Check out this Cyber Gray 2014 Corvette Stingray being offered by Insurance Auto Auctions in Detroit. Our friends at Jalopnik clued us in on this find, asking their readers what would they do with a wrecked Stingray?

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Rare Corvette ZR1 Heads to the Block at Mecum's Houston Event

A ZR1 coupe, one of the rarest Corvettes ever produced, will cross the block in Houston at Mecum’s three day auction April 10th through 12th. The 1972 Corvette ZR1 is one of only twenty produced and one of less than ten actual numbers matching production cars known to exist.

The Elkhart Green with saddle interior award winner is fully documented and has two tank stickers and is part of the Bloomington Gold Special Collection. With only 16,300 miles the car has the matching numbers LT1 engine, M22 “Rock Crusher” 4-speed transmission, J56 and F41 heavy duty brakes and suspension. It will cross the block on Friday, April 11, at Houston’s Reliant Center.

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Chevrolet Raising Prices on the 2014 Corvette Stingray

When Chevrolet initially priced the 2014 Corvette Stingray coupe at $51,000 and the Convertible at $56,000, we were shocked at how much car an owner was getting for the money. Add to the fact that the very popular Z51 performance package added a mere $2800 to the sticker price and we can see how that pricing eventually led to demand outpacing supply.

To help meet the demand, Chevrolet is raising the prices on both the base Corvette Stingray Coupe and Convertible, which will see their prices go up $2,000. The Z51 package increases $1,200 for a total package cost of $4,000.

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Barrett-Jackson to Sell First Production 2015 Corvette Z06 at Palm Beach Auction

Back in January, GM unveiled the highly anticipated C7 Z06 at the North American International Auto Show. According to the General Motors, the 2015 Corvette Z06 will be “the most track-capable Corvette ever, designed to deliver supercar levels of performance through unique powertrain, chassis and aerodynamic features.” Corvette enthusiasts from around the world have been waiting for the reintroduction of the legendary model and if you want to be the owner of the new Z06, VIN 001, then you need to be in Palm Beach, Florida for the Barrett-Jackson auction that runs April 11th through 13th.

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