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1993 Corvette Sells for $23,100

The 1964 Corvette Sting Ray has always been the step-child of the mid-year C2 Corvette generation. Combine that fact with a non-original motor and a color combination that wasn’t the most popular and you have all the makings of a lackluster auction. However, this is Barrett-Jackson in Las Vegas and that can only mean that this recently restored 1964 Saddle Tan Corvette performed well on the auction block.

This 1964 Corvette features a Saddle Tan interior, a color chosen by just 8% of buyers. Despite the fact the Corvette is missing its original engine, the non original motor may actually be termed an upgrade as it’s an L79 327/350 hp V8 from a 1967 Corvette. Complete with Corvette-fined manifold covers and a 1964-styled air cleaner, the 1967 Corvette small block looks right at home in the engine bay. Other upgrades include disc brakes, which didn’t appear on Corvettes until 1965.

Bidding on this Sting Ray convertible was strong from the beginning and shot right up to $50,000. The hammer closed out the sale at $55,000 and with the buyers commission added, the total sale rang up at $60,500. A strong price for a non-original Corvette, but not out of the ballpark for a recently restored mid-year convertible.


Source:
Barrett-Jackson Collector Car Auction
SPEED

Related:
Barrett-Jackson Las Vegas 2009: 1993 Corvette Sells for $23,100
Barrett-Jackson Las Vegas 2009: Corvette Auction Schedule
Bruce Willis’ 1967 Corvette Will Be Offered at Barrett-Jackson Las Vegas Auction

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Barrett-Jackson Las Vegas 2009: 1961 Corvette Convertible

by Keith Cornett on October 10, 2009

Barrett-Jackson Las Vegas 2009: 1961 Corvette Convertible

As we moved we deeper into the docket of Corvettes available at Barrett-Jackson’s collector car auction in Las Vegas, we’re starting to see more classic Corvettes on the auction block. This 1961 Tuxedo Black Corvette appeared late on Friday night’s auction and was the first C1 Corvette to be featured this weekend.

The 1961 Corvette featured a restyled front grill without the “heavy teeth” and on the rear there are now 4 taillights instead of 2, a Corvette tradition to this day. This 1961 Corvette features the 283/230 hp V8 and a 3-speed manual transmission – all included on the base model that sold for $3,934 when new. Tuxedo black was the 5th most popular color (out of 7) and was chosen by 12% of buyers.

This 1961 Corvette was purchased by a woman who the SPEED commentators said had one of the busiest pens all day. Sort of breaks from the stereotype of Corvettes owners are all balding middle-aged men suffering through a mid-life crisis. The Corvette was hammered at $52,000 and with the buyers commission, total price was $57,200. Even though the Corvette comes equipped with just the basics, the price is spot-on for a base 1961 Corvette with major curb appeal.


Source:
Barrett-Jackson Collector Car Auction
SPEED

Related:
Barrett-Jackson Las Vegas 2009: 1964 NOM Corvette Sting Ray
Barrett-Jackson Las Vegas 2009: 1993 Corvette Sells for $23,100
Barrett-Jackson Las Vegas 2009: Corvette Auction Schedule
Bruce Willis’ 1967 Corvette Will Be Offered at Barrett-Jackson Las Vegas Auction

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1993 Corvette Sells for $23,100

Regular production C4 Corvettes aren’t really known for their collectability yet, but sometimes one comes along that piques our interest and this 1993 Arctic White Corvette Coupe did just that as it crossed the auction block on Thursday evening at Barrett-Jackson’s Las Vegas Collector Car auction. Apparently I wasn’t alone in my thoughts as Lot #93 was hammered for a strong price of $21,000. With the buyer’s premium, the total selling price was $23,100.

The C4 Corvettes marked an interesting time period for the Corvettes and some will argue that Corvette’s return to premium sports cars status started with the iconic 1984 Corvette. However, the differences between the first Corvettes of the C4 generation compare greatly to those cars after 1992 when the C4 received the LT1 350 cubic inch 300 horsepower V8 engine.

SPEED’s announcers particularly liked this Corvette and called it the perfect compliment for the guy who also owned a 1953 Corvette. While we believe there are only about 150-170 of “those guys” out there with a first year Corvette in the garage, we agree that a White with Red interior Corvette does make the perfect the anniversary model even when though the true 40th anniversary models were Ruby Red.

Only 15,898 Corvette coupes were produced in 1993 so the model year doesn’t suffer from over-production which keeps prices down. Arctic white was the third most popular color (3,031) coming in behind the Rub Red anniversary color (6749) and Torch Red (3,172).

This Corvette features the Corvette Preferred Equipment Group #1 option which provides electronic air conditioning, Delco/Bose music system, electronically tuned AM/FM stereo, radio with Seek-Scan, digital clock stereo cassette tape, compact disc player, blue removable roof panel, leather sport bucket seats, 6-way power driver’s seat and 6-way passenger power seat.

Being in mint condition with just 26,072 miles on the odometer and documentation also helped push this Corvette’s value higher.

Our Corvette Price Guide shows a high price of $15,000 for standard 1993 Corvette coupes while the high price on a Corvette convertible of the same year was more than double that at $34,500. So while the buyer paid a premium for that particular model, the price was still consistent with other models from the same year. Of further note is that we still show the standard 1993 coupes depreciation at just 6% last year which is the lowest percentage of Corvettes from 1993. The convertible models from 1993 show double-digit depreciation of 12% last year.

Based on the condition of the Corvette, we believe both buyer and seller should be happy with the outcome of this sale.


Source:
Barrett-Jackson Collector Car Auction
SPEED

Related:
Barrett-Jackson Las Vegas 2009: Corvette Auction Schedule
Bruce Willis’ 1967 Corvette Will Be Offered at Barrett-Jackson Las Vegas Auction
[VIDEO] 1959 Corvette Resto-Mod Top Seller at Barrett-Jackson Palm Beach Auction Results: Barrett-Jackson Las Vegas Tops $3.3 Million in Corvette Sales

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CorvetteBlogger talks with Corvette Racing driver Oliver Gavin about what he does to stay in shape between races, the difference between racing with the factory team vs a privateer and his use of social media to stay in contact with his fans.



Related:
[VIDEO] CorvetteBlogger Talks with Corvette Racing’s Johnny O’Connell
[VIDEO] Corvette Racing’s Doug Fehan on the Direct Injection Controversy

 


Best video game commercial ever…

 

CorvetteBlogger spoke with Corvette Racing driver Johnny O’Connell prior to qualifying for the 2009 Petit Le Mans at Road Atlanta. Johnny talks about the new GT2 Corvette, staying in shape as a driver and his annual celebrity auction.



Related:
[VIDEO] CorvetteBlogger Talks with Corvette Racing’s Oliver Gavin
[VIDEO] Corvette Racing’s Doug Fehan on the Direct Injection Controversy

 

Corvette Racing: 2009 Petit Le Mans Photo Gallery

by Keith Cornett on September 29, 2009

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Thanks to shakedown067 for contributing to this gallery.


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We spent a few minutes with Corvette Racing’s Program Manager Doug Fehan last Friday prior to the GT2 qualifying session. Doug talks about the 10-hour/1,000-mile Petit Le Mans, the direct injection controversy and the partnership with Michelin tires.


 

A Hot Lap Around Road Atlanta in a 2010 Corvette Grand Sport

by Keith Cornett on September 25, 2009

Thanks to the folks at Chevy Racing, we had the unique opportunity to take a hot lap around Road Atlanta where Petit Le Mans will run on Saturday. The course is 2.54 miles and features 12 turns. My ride was silver 2010 Corvette Grand Sport Coupe and my driver Jason put the car through its paces. On the monsterous backstretch our speed exceed 130 mph and those big Z06 brakes safely brought us to a near stand still for the bend at Turn 10.

Chevrolet designed the Grand Sport with track events in mind and I can tell you first hand they hit a home run with this car!


Related:
My Hot Lap Around Sebring in a 2009 Competition Sport Corvette

 

[FAIL]: Corvette Wannabe: The Truck-Vette

by Keith Cornett on September 20, 2009

Corvette Wannabe: The Truck-Vette

Thanks for the tip, Martin!


Source:
People of Walmart