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Corvettes

Keith Martin's 1963 Split Window Corvette

Keith Martin, publisher of Sports Car Market and Corvette Market magazines is offering his 1963 Corvette Coupe for sale on eBay. Keith is very well known in the collector car market and several of his publications feature photos of him with this Corvette, including his book “Keith Martin’s Guide to Car Collecting“. The Corvette was part of the ever rotating stable of collectibles that are used by Sports Car Market staff and to make room for some new additions, the Sebring Silver split window has to go.

Martin has owned the 1963 Split Window Coupe for nearly three years and like all cars in the SCM collection, has kept the Corvette in driver ready condition. Any classic Corvette owner will tell you they need to be driven regularly and according to Martin, this one is ready for show or go. “We wouldn’t hesitate to get in it and hit Route 66 tomorrow.” says the eBay description.

Keith Martin's 1963 Split Window Corvette Keith Martin's 1963 Split Window Corvette Keith Martin's 1963 Split Window Corvette

The cosmetics are very presentable with decent paint, chrome and panel gaps. The interior’s carpet, door panels and dash show very well. Heck, even the clock works!

It’s interesting to note that the 1963 Corvette Coupe features a non-matching engine that was cobbled together from various sources. Interchangeability is one of the hallmarks of Chevy’s smallblock V8s and the builder of this engine apparently took full advantage of that fact. The block (3892657) is from a 1967 car or truck, but was not offered in a Corvette. The heads come from a 1970-80 350 passenger car. Build date code on them shows September 30, 1974 and the intake is from a 1966-67 327/350 Nova/Chevy II/Corvette. What’s remarkable about this Frankenstein is how good it looks with the finned Corvette valve covers and chrome air cleaner.

The Corvette was subject of a detailed analysis by Colin Comer, a regular contributor to Corvette Market and author of the book “Million Dollar Muscle Cars”. You can read his walkthrough of the engine and drive train at Sports Car Market. As there is no original documentation to go on, the clues lead Comer to believe that the Corvette was originally equipped with a 327 ci 340 hp engine.

Although today was the first day the Corvette was available on eBay, it already broke through the reserve price and is currently listed at $40,100 with 17 bids place. The auction ends on May 12th.


Source:
eBay
Corvette Market

Related:
Corvette Market’s C3 Find, Buy & Drive Adventure
Introducing Keith Martin’s Corvette Market Magazine

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[VIDEO] Auction Results: 1955 Pennant Blue Corvette

by Keith Cornett on May 5, 2008

A Pennant Blue 1955 Corvette Roadster

1955 was the turning point for Corvette with two significant changes that kept the 2 seat roadster from becoming extinct. The first was the introduction of the V8 engine – a 265 ci 195 hp small block that ushered the beginning of continual performance upgrades in the Corvette. The second was the introduction of Ford’s Thunderbird. Ford sold just over 16,000 Thunderbirds in its inaugural year compared to the Corvettes 4,600 during its first three years of production. Some say GM execs were too embarrassed to quit in light of Ford’s success. Let’s be glad they persevered and built Corvette into the iconic symbol it is today.

The 1955 Corvette was the second lowest year of Corvette production with just 700 built. The new 265 cubic inch V8 was mated to a powerglide automatic, although the straight six Blue Flame was offered in seven cars. To signify the V8 change, an enlarged gold “V” was added to the Chevrolet script of those Corvettes offered with the new V8.

Five exterior colors were offered with Pennant Blue being the second least produced color with just 45 examples. Polo White remained the most popular of color choices at 325 while the rarest of all colors were the 15 painted in Corvette Copper.

This Pennant Blue 1955 Corvette was auction by Mecum during their Muscle Cars & More event televised on HD Theater. It features the V8 engine with a powerglide transmission. Other options include the Wonderbar radio, side windows, window bag, shielding and coil cover. It is sequence number 30 out of 700 produced and is just 1 of 45 Pennant Blues produced. In 2002 it was awarded the prestigious Bloomington Gold certificate.


Source:
Mecum Auctions
HD Theater

Related:
[VIDEO] Auction Results: 1993 Corvette 40th Anniversary Coupe”>[VIDEO] Auction Results: 1993 Corvette 40th Anniversary Coupe
[VIDEO] Mecum Auction Results: 1963 Corvette Z06 Tanker
Corvette Auction Results: Mecum’s HD Theater Mid-Term Report

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1993 Corvette 40th Anniversary Coupe

I present this video from Mecum’s Muscle Cars and More April 26th auction for two reasons. The first is that the commentators are absolutely correct in saying Corvettes like this 1993 40th Anniversary Edition are a great way for get started in the Corvette hobby. They represent value and performance and should be nearing the end of declining prices. That being said, I wish I was in Indy with a bidder’s card when this Corvette stalled and then was hammered for $11,000.

The 40th Anniversary Ruby Red Coupes was a popular choice in 1993 with 6,749 out of 21,590 produced. This Corvette Coupe appears to be in regular driver condition and features the very reliable LT1 350 ci 300 hp V8 mated to a 4-speed automatic transmission.

Our Corvette Price Guide puts the average value of the 1993 Anniversary Coupe at $17,900 and while we show this model still depreciating at 4% per year, $11,000 for this Corvette is a great buy.


Source:
Mecum Auctions
HD Theater

Related:
[VIDEO] Mecum Auction Results: 1963 Corvette Z06 Tanker

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2008 Corvette Coupe
The C5/C6 Bash at the National Corvette Museum has wrapped for another year and as is generally the case, there was some interesting news coming straight from the folks at GM. This preliminary 2008 Corvette Model Year Data slide was presented in one of GM’s forums at the Museum over the bash weekend. The data is from start of production through April 2nd and shows the production numbers for each model as well as some of the more popular options with model penetration.
Corvettes Produced Amount Percent  
       
Coupes 15,927 57%  
Convertibles 6,166 22%  
Z06 Hardtops 5,779 21%  
  _______ _______  
Total 27,872 100%  
       
       
Options Coupe Convertible Z06
       
1LT 30%    
2LT 14% 10%  
3LT 51% 83%  
4LT 5% 7%  
1LZ     6%
2LZ     74%
3LZ     19%
       
CC3 – Transparent Roof 18%    
C2L – Dual Roof Pkg 15%    
       
MX0 – 6-Speed Auto Paddle 66% 77%  
F55 – Selective Ride Control 13% 23%  
Z51 – Performance Package 38% 37%  
U3U – Stereo/XM/Nav 32% 58% 77%
NPP – Dual Mode Exhaust 47% 57%  
QG7 – Polished Aluminum 20% 19%  
QX3/Q9V – Chrome 41% 63%  
QX1 – Gray Painted Aluminum 6% 2%  
QL9 – Z06 Base     11%
Q44 – Z06 Painted     5%
Q76 – Z06 Chrome     71%
       
Despite our penchant for stressing out over the latest monthly sales numbers, production appears to be moving along at a clip reminiscent of the 2006 model year when just over 34,000 Corvettes were produced. With the preliminary sales data showing 27,872 through April 2nd, conservatively estimating production at 2,500 units per month over the next two and half months puts us over the 34,000 mark.
Source:
CorvetteConti.com Related:
Final 2007 Corvette Production Numbers Technorati Tags:
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The End of the 2008 Corvette is Near!

by Keith Cornett on April 24, 2008

The sun sets on the 2008 Corvette Model Year

The opportunity for you to custom order a 2008 Corvette is rapidly coming to an end. Chevrolet dealers received their final allocations this week and you will need to act fast as this is the final week to get your order placed. Corvettes ordered this week will be built the week of May 19, 2008.

The 2008 model year for Corvette will come to a close on June 20th. The plant will be idled for three days as its prepped to produce the 2009 Corvette. Production on the 2009 is slated to begin June 23rd for Coupe, Convertible and Z06. ZR1 Corvette production is expected to start three weeks later on July 14th.

Constraints this week include:

  • QX3 Chrome Wheels
  • 67U Machine Silver
  • Z44 427 Limited Edition Z06
  • Z4Z Corvette Pace Car

As our sales analysis on the Indy 500 Corvette Pace Car indicated, dealers that took a chance and ordered the Corvette will have in stock and available in early May.

If you’ve already picked out your Corvette but have yet to decide on a dealer, contact Dave Salvatore at Kerbeck Corvette, the world’s largest Corvette dealer at 1-877-537-2325. Dave can help you navigate through the buying process and your Corvette can be delivered anywhere including the National Corvette Museum.


Source:
Kerbeck Corvette

Related:
Sales Analysis: The 2008 30th Anniversary Indy 500 Corvette Pace Car Replica
GM Announces Production Dates for 2008/2009 Corvettes

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[VIDEO] New Corvette Pace Cars Hit The Indy 500

by Keith Cornett on April 23, 2008

Running the Brickyard in a 2008 Indy 500 Corvette Pace Car

“Welcome to the adult version of Christmas.” That’s what one speaker calls the day when the keys to all those Indy 500 festival cars are passed out. IGotShotgun was at the Indianapolis Motor Speedway for the 500 Festival Committee Meeting which culminates in members receiving the keys to their very own 2008 Indy 500 Corvette Pace Car and then taking them for some laps around the speedway.

We counted at least 50 of the 30th Anniversary Indy 500 Corvette Pace Cars and to see them lined up on the fabled brickyard is something special. The E85 Concept Corvette Z06 was also at the track showing what it can do.

Some of the dignitaries went for a hot lap with 2-time 500 Winner and this year’s official pace car driver Emerson Fittipaldi or Corvette Racing’s Max Papis. In this next video, “Mad Max” Papis takes IGotShotgun for a 180 mph hot lap around the 2.5 mile oval.

Festival members have use of the Corvette through the month of May and then the cars are sent to various dealers where they will be sold as official Indianapolis 500 Festival cars.


Source:
I Got Shotgun!

Related:
Sales Analysis: The 2008 30th Anniversary Indy 500 Corvette Pace Car Replica
Two Unique Corvettes to Pace the 2008 Indianapolis 500
Video: Unveiling the 2008 Indy 500 Corvette Pace Cars

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30th Anniversary Indy 500 Corvette Pace Car

Late last year with much fanfare, Chevrolet announced that for the first time ever two Corvettes would be pacing the Indianapolis 500. One of the Corvettes is the customized Z06 E85 Concept highlighting GM’s Green Initiative and will showcase the ability of the automaker to run even the Corvette on E85 Ethanol. But it was the second Corvette that is even more interesting in our opinion as it marked the 30th Anniversary of the 1978 Corvette Pace Car and would be commemorated by a special run of 500 Pace Car Replicas.

With only 500 of these special editions available, you would think that these Indy Pace Car replicas would be in demand and sell fast, but from the conversations we’ve had with several high-volume Corvette dealers, that just doesn’t appear to be the case. Here is what we’ve been hearing as the major roadblocks to sales of the 30th Anniversary Corvette Pace Car and why we think owning this special edition is a smart investment.

Dealers may be bypassing this year’s Corvette Pace Car replica because last year model didn’t sell well. Many point to the late entry of the replica into the 2007 production model run. The 2007 Corvette Pace Car Replica didn’t hit the lots until June, well after the running of the Indianapolis 500. We also believe that demand for last year’s Pace Car was tempered by news of the 2008 Corvette models which featured a new, more powerful engine and interior upgrades. As a matter a fact, that news is attributed to an overall decline in sales of all 2007 Corvettes.

Last year, Chevrolet offered two special edition Corvettes at the same time, the Ron Fellows ALMS GT1 Championship Z06 and a Indy 500 Corvette Pace Car replica. Buyers overwhelmingly gravitated to the Ron Fellows Z06 Signature Edition. This year, Chevrolet again offered two special edition Corvettes at the same time: The 427 Limited Edition Corvette Z06 and the 30th Anniversary Corvette Indy Pace Car Replica and guess what? Buyers again gravitated first to the Z06.

So why is the 30th Anniversary Corvette Indy Pace Car Replica a smart buy? The first is economics. No, I’m not saying buy this car and you’ll make money on it. But you will lose less money because of its limited production of only 500 cars. Recent history shows the depreciation of the Corvette Pace Cars will be less than an average coupe or convertible Corvette and will generally start appreciating first and faster than their regular production counterparts.

1998 Indy 500 Corvette Pace CarTake a look at the 1998 Corvette Indy Pace Car. 1,158 of the Purple and Yellow Corvettes were produced. It’s 10 years old now and the five year depreciation number for the Pace Car replica is -19%. However, the 1998 Corvette Coupe’s five year depreciation is -26% while the 1998 Corvette convertible was down -29% over five years.

1995 Indy 500 Corvette Pace CarThe news is even better for the 1995 Corvette Pace Car. Only 527 of these Corvettes were built and over the last five years, the Pace Car has appreciated 19% while the regular production Coupe was down -7% and the roadster was down -12% over the same time frame. The Pace Car’s appreciation is even higher than the 1995 ZR-1 which shows an 8% increase.

The second reason we like this year’s Pace Car replica is that it’s offered in either a Coupe or Convertible model, and the option choices will all but guarantee that there will be some interesting combinations when its all said and done. We already know that there are no major changes for next year’s Corvette model so that hurdle has been removed. And forget the “All Corvettes are Red” mantra. The Indy 500 Pace Car is finally back in black, the number one selling Corvette color.

Lastly, the Pace Car is signed and numbered by 2-time Indianapolis 500 winner Emerson Fittipaldi, making this Corvette only the third model in the car’s 55 year history to feature a signature. We’re still hoping that in the future this honor is reserved only for those who’ve had a direct impact on the Corvette and the enthusiast community.

So the final question you should be asking is where can I get one? We suggest getting in touch with Dave Salvatore at Kerbeck Corvette who told us they have several available. Dave can be reached at 1-877-537-2325 . Also, I’d be remiss if I didn’t thank Jim “Z” of Spitzer Chevrolet who was kind enough to answer our inquiries for this story.


Source:
Appreciation and depreciation figures on the 1995 and 1998 Corvette Pace Car from Vette-N-Vestments 2008 Corvette Pricing Guide.

Related:
Two Unique Corvettes to Pace the 2008 Indianapolis 500
Video: Unveiling the 2008 Indy 500 Corvette Pace Cars

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Corvette Z06 Black Edition by Geigercars

by Keith Cornett on April 19, 2008

GeigerCars Corvette Z06 Black Edition

German-based Geigercars was already well known in Corvette tuner circles for their performance engine enhancements and wide body kits. So when they turned their attention to the Corvette Z06, something special was bound to happen. GeigerCars calls it the Corvette Z06 Black Edition.

The Corvette Z06 is already ahighly tuned machine with 505 horses available for the driver. GeigerCars managed to up the performance of the LS7 7.0L V8 to a whopping 592 horsepower. And then there’s the body. The Z06 Black Edition matches the car’s sinister performance with a blacked out body. Very intimidating. The only trace of color comes from the red brake calipers behind the black 5 Spoke Corvette rims. The rear fascia has been redesigned and features a set of smaller diameter taillights that remind us of a Ferrari. And while its different than a stock Z06, we’re okay with it.

GeigerCar's Corvette Z06 Black Edition GeigerCar's Corvette Z06 Black Edition
 
GeigerCar's Corvette Z06 Black Edition GeigerCar's Corvette Z06 Black Edition

Sources:
WorldCarFans.com via AutoBlog.com

Related:
New Callaway Corvette Package Stands up and Delivers 580 hp

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eBay: Charlton Heston’s 1999 Corvette For Sale

by Keith Cornett on April 15, 2008

Charlton Heston's 1999 Corvette Coupe

I think I’ve mentioned my affinity for guns, whisky and Corvettes in a previous post and although I can’t really claim the “all American guy” trifecta with this story, Meatloaf would say “two out of three ain’t bad”.

Charlton Heston, actor extraordinaire and 2nd Amendment rights champion was also a Corvette owner. His 1999 Black Corvette Coupe is currently listed for sale on eBay as the current owner looks to cash in on the death of the movie icon. The Corvette is a mostly stock automatic with just 18,500 miles. The current owner claims the only changes were new LED halo taillights, C6 style chrome wheels and a Borla Stinger exhaust system. The original factory rims and taillights also come with the car.

Charlton Heston's 1999 Corvette Coupe Charlton Heston's 1999 Corvette Coupe Charlton Heston's 1999 Corvette Coupe

If you’re contemplating the purchase of the Corvette previously owned by Moses himself, you’ll want to make sure you’ve got more documentation than just a pencil with bite marks. Luckily for you, this Corvette comes with the actual registration and insurance card with “Chuck” Heston’s name and Wilshire Blvd address.

The auction runs through April 17th and the current bid of $20,800 has yet to break the reserve. “Cold Dead Hands” jokes aside, with the provenance of celebrity, this Corvette would give bragging rights to any owner.

Source:
eBay via AutoBlog.com

Related:
Corvette Rated a Top 10 American Invention
Dale Jr’s 2005 Corvette For Sale on eBay

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1955 Corvette - Serial #1

Mecum Auctions has announced they will be selling a collection of three serial number one Corvettes at June’s Bloomington Gold High Performance Auction in St. Charles, Illinois. The Collection of early C1 Corvettes includes VINs 0001 from 1955, 1956 and 1957. It’s a rare sale when any serial number one Corvette is sold, but a collection of three in sequential model years is simply unheard of. The auction for this troika of 0001′s is sure to the highlight of the High Performance Auction held June 27-28th.

The 1955 Corvette is the last of the early C1 body style and the first to offer a high performance 265 ci 195 hp V8 engine. In 1956, Corvette received its first redesign with the cove body style that has become one of the most famous designs in American automotive history. Finally, 1957 Corvettes marked the last year for the single headlights and are known for their performance.

1955 Corvette - VIN 001 1956 Corvette - VIN 001 1957 Corvette - VIN 001

The collection was amassed in Rockford, Illinois in the late 1970′s by Tom Harmer, a collector who recognized the significance of owning serial number one Corvettes. In the early 1980′s the collection was sold to Gene Morton who moved them to Alaska where they were stored and protected. The three Corvettes resurfaced in Prescott, Arizona around the year 2000 where they were purchased by renowned collectors Al Wiseman and George Swartz.

Al Wiseman is well known for his restoration work, having restored and sold several 1953 Corvettes over the last few years. Back in December, Al auctioned his collection of serial number #39 Corvettes which included a 1953 Corvette and its 2003 50th anniversary counterpart. A commemorative 1953 Corvette pedal car rounded out the collection.

Dana Mecum, President and Founder of Mecum Auctions said “This is the only collection of three sequential serial one Corvettes known to exist in the world. Al and George have restored these three Corvettes to the highest Bloomington Gold standards and to the magnificent state they are in today.”

The cars have never been entered or shown at the Bloomington Gold Corvette show or any other event since restoration. The three sequential serial number one Corvettes will be offered for sale as a collection.

Sources:
Mecum Auctions

Related:
[VIDEO] Matched Set of 1953/2003 Corvettes sell for $390,500

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