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Last week I previewed this stunning 1958 Panama Yellow Corvette. At the time I thought it would be one of the top Corvettes to run through the auction based the fact that it is a ’58 Vette with all that chrome, the number of awards, and the dual quads and power top options. The X factor was documentation which wasn’t listed in the description on the Barrett-Jackson website. Turns out this Corvette was second in Corvette sales for the weekend, selling for $165,000 plus the 10% commission for a total of $181,500. The top Corvette for the weekend was the 1959 Triple Black Fuelie. And if you watch the bidding you will see the female buyer of the 1958 Corvette was sitting next to the buyer of the 1959 Fuelie. Back to this 1958 Corvette. The Panama Yellow was offered on only 455 Corvettes and was a unique, one year color. The 283 ci 245 dual quad engine was installed in just 2,045 Corvettes that year. The Power Folding Top option was only offered on 1,090 Corvettes. These limited options will pump up the value of any 1958 Corvette. And then there is the awards and certifications: Multiple regional and national NCRS Top Flights, Bloomington Gold, Gold Spinner and the Duntov Award. This Corvette was also invited to be part of the Bloomington Gold Special Collection.

For a complete description of the Corvette with photos, visit the Vehicle Detail page at Barrett-Jackson.com.
Source:
Barrett-Jackson
Speed Related:
Barrett-Jackson Auction Results: 1959 Triple Black FI Convertible
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Palm Beach: Corvette Sales Top $6.2 Million
Barrett-Jackson Preview: 1958 Dual Quad Corvette Convertible Technorati Tags:
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March 2007 Corvette Sales

by Keith Cornett on April 3, 2007

GM sold 3,158 Corvettes in March 2007, making this the best month so far this year for Corvette sales. The figure was 374 units better than in February 2007, but well behind the 3,655 Corvettes sold in March 2006. For calendar year-to-date sales, 8,176 total Corvettes have been sold. Corvette sales are 12% off of what they were a year ago, with 1,116 more Corvettes sold from Jan-Mar 2006 vs Jan-Mar 2007.

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%
March 3,158 3,655 -16.7% Jan-Mar 8,176 9,292 -12.0%

Source:
GM Related:
February 2007 Corvette Sales Technorati Tags:
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As mentioned in our analysis of the Barrett-Jackson Palm Beach Collector Car Event, the top Corvette at the auction was this black/silver 1959 convertible. The fuel injected Corvette convertible was billed on the BJ website as “probably the only documented Real Triple Black 59 fuel car to exist.” The fact that it is a multiple NCRS Top Flight award winner, as well as receiving a Bloomington Gold certificate and the coveted Duntov Award makes this Corvette a must-have for a serious Corvette collector.

Click here for the description and photos of the 1959 Fuelie on the Barrett-Jackson website.
Source:
Barrett-Jackson
Speed Related:
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Palm Beach: Corvette Sales Top $6.2 Million Technorati Tags:
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Corvette Performance Academy Launched Across Europe

by Keith Cornett on April 2, 2007

The Z06 Corvette hits the trackIn a move to further position Corvette for the European sports car market comes the the Corvette Performance Academy. The Academy, which consists of a fleet of ten Corvette C6 models and four Z06 models, will give drivers the opportunity to see what the Corvette can do when pushed to its limits on a controlled track course. Three different levels of training are offered, aimed at both the potential Corvette driver as well as those more experienced Corvette owners. Level One is the Corvette Safety Training Course. With the Academy’s professional instructors, drivers will learn the basics of handling the Corvette test tracks in Germany. The day-long course includes four, 75-minute driving sessions. Slaloms, braking tests, low grip skidpans and learning about understeer and oversteer, make it an experience to remember. Level Two is the Corvette Performance Training course, and is aimed for more experienced participants. Four, ninety-minute driving sessions work on getting the best from the superb dynamics of the Corvette, balancing the car using the throttle and steering. The day-long course is offered at tracks in Germany, Sweden, France and Belgium. Level Three is the Z06 Advanced Training course. Only the most experienced and skilled drivers can participate, and they must have completed the first two levels of training. The Z06 course takes place at the Goodyear test tracks of Colmarberg in Luxembourg and Miréval in France. Each Z06 course is limited to just 12 participants to ensure maximum track time. The focus of the Z06 course is the development of basic racing techniques to transition drivers from the C6 to the Z06.
Source:
TopSpeed.com Related:
Europe to get LeMans Victory Edition Corvette Technorati Tags:
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Diesel-Powered Corvette Subject of April Fool’s Joke

by Keith Cornett on April 2, 2007

I am usually a sucker for a good April Fool’s Joke but I doubt that even I would have fallen for this one. The kids at Cars.About.com posted yesterday that the Chevrolet would be introducing a diesel-powered Corvette next year as a 2009 model and would call it the Corvette TDI:

Chevrolet has announced that they will introduce a diesel-powered Corvette next spring as a 2009 model. The 2009 Chevrolet Corvette TDI will be powered by a specially-designed 5.7 liter V8 diesel with twin turbochargers. Output for the engine, developed in cooperation with Isuzu, is estimated at 350 horsepower and 675 lb-ft of torque. “We feel that with its high fuel economy and strong low-end torque characteristics, the turbodiesel is the perfect engine for the Corvette,” says a General Motors spokesperson. Early tests indicate that the Corvette TDI accelerates from 0 to 60 in just over 4 seconds and achieves real-world fuel economy of 25 to 30 MPG. Chevrolet has hinted that if the Corvette TDI is a hit with buyers, they may consider phasing out gasoline-powered Corvettes altogether and making the turbodiesel engine the exclusive powerplant for the iconic American sports car.
Of course, we’ve seen real stories about the Corvette that could have been April Fools jokes – like the V6 Corvette or a Corvette Stingray built on the Kappa platform. Still, it will be interesting to see which sites run with the story.
Source:
Cars.About.com Related:
A V6 Corvette? Hell No Chevy!!! Technorati Tags:
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This 1959 Triple Black Fuelie Sold for $192KLed by a pack of eleven 1967 Corvette Big Blocks and some really impressive Straight Axle C1′s, Corvette sales at the 5th Annual Barrett-Jackson Palm Beach Collector Car Event totaled $6,239,750. A sales commission of 10% is factored into our totals as published on Barrett-Jackson.com. The highest priced Corvette at the Palm Beach auction this year was a triple black 1959 Fuelie with silver coves. The Corvette, advertised as probably the only documented 1959 triple black fuel car to exist, sold for $192,500. Second on the list of top selling Corvettes was a 1958 Panama Yellow Corvette that we profiled last week. The Duntov Award winner sold for $181, 500 and was purchased by a women sitting next to the man that bought ’59 Fuelie. Each of the eleven big block ’67 Corvettes sold for over $100,000 with the top ’67 fetching $170,500. What’s interesting about this auction is the dollars-to-dollars comparison to last year’s Palm Beach auction. Both events had 83 Corvettes cross the auction block, but last year we saw three Corvettes break the $200,000 level. The average sales price in 2006 was $78,970 versus $75,177 this year. Finally, last year’s Corvette sales totaled $6,554,520 versus the $6,239,750 in sales this year, and that’s with a change of commission from 8% in 2006 to 10% in 2007. Barrett-Jackson Palm Beach Corvette Results:

Lot # Year Description Sales Price
376.11954CHEVROLET CORVETTE CONVERTIBLE$58,300
7091954CHEVROLET CORVETTE CONVERTIBLE$143,000
377.11958CHEVROLET CORVETTE CONVERTIBLE$101,200
3891958CHEVROLET CORVETTE CONVERTIBLE$88,000
6741958CHEVROLET CORVETTE CONVERTIBLE$181,500
6911958CHEVROLET CORVETTE CUSTOM CONVERTIBLE$178,200
7111958CHEVROLET CORVETTE RESTO-MOD$159,500
4331959CHEVROLET CORVETTE CUSTOM CONVERTIBLE$68,200
7081959CHEVROLET CORVETTE CONVERTIBLE$192,500
7151959CHEVROLET CORVETTE CONVERTIBLE$137,500
405.11960CHEVROLET CORVETTE CONVERTIBLE$66,000
6891960CHEVROLET CORVETTE CONVERTIBLE$84,700
7231960CHEVROLET CORVETTE CONVERTIBLE$100,100
3981961CHEVROLET CORVETTE CONVERTIBLE$84,700
4241961CHEVROLET CORVETTE CONVERTIBLE$60,500
6641961CHEVROLET CORVETTE CONVERTIBLE$88,000
6731961CHEVROLET CORVETTE CONVERTIBLE$97,900
369.11962CHEVROLET CORVETTE CONVERTIBLE$38,500
665.21962CHEVROLET CORVETTE CONVERTIBLE$78,100
704.11962CHEVROLET CORVETTE CUSTOM CONVERTIBLE$165,000
7341962CHEVROLET CORVETTE CONVERTIBLE$70,400
701963CHEVROLET CORVETTE CONVERTIBLE$45,100
3451963CHEVROLET CORVETTE GRAND SPORT REPLICA$44,000
3931963CHEVROLET CORVETTE CONVERTIBLE$79,200
4091963CHEVROLET CORVETTE CONVERTIBLE$68,200
451964CHEVROLET CORVETTE CONVERTIBLE$48,400
741964CHEVROLET CORVETTE CONVERTIBLE$39,600
359.21964CHEVROLET CORVETTE COUPE$66,000
4121965CHEVROLET CORVETTE CONVERTIBLE$71,500
4301965CHEVROLET CORVETTE COUPE$77,000
629.31965CHEVROLET CORVETTE COUPE$71,500
6711965CHEVROLET CORVETTE COUPE$66,000
3761966CHEVROLET CORVETTE CONVERTIBLE$55,000
629.51966CHEVROLET CORVETTE CONVERTIBLE$62,700
6361966CHEVROLET CORVETTE CONVERTIBLE$71,500
6381966CHEVROLET CORVETTE CONVERTIBLE$74,800
644.11966CHEVROLET CORVETTE CONVERTIBLE$57,200
6771966CHEVROLET CORVETTE CUSTOM CONVERTIBLE$88,000
6961966CHEVROLET CORVETTE CONVERTIBLE$128,700
3921967CHEVROLET CORVETTE COUPE$115,500
4161967CHEVROLET CORVETTE CONVERTIBLE$101,200
6591967CHEVROLET CORVETTE CONVERTIBLE$170,500
667.11967CHEVROLET CORVETTE CONVERTIBLE$108,900
679.11967CHEVROLET CORVETTE CONVERTIBLE$112,200
6831967CHEVROLET CORVETTE COUPE$121,000
6921967CHEVROLET CORVETTE COUPE$115,500
7141967CHEVROLET CORVETTE CONVERTIBLE$167,200
714.11967CHEVROLET CORVETTE CONVERTIBLE$159,500
7211967CHEVROLET CORVETTE COUPE$123,200
7261967CHEVROLET CORVETTE CONVERTIBLE$102,300
7281967CHEVROLET CORVETTE COUPE$110,000
6161968CHEVROLET CORVETTE COUPE$38,500
734.21968CHEVROLET CORVETTE CONVERTIBLE$60,500
3341969CHEVROLET CORVETTE COUPE$26,400
382.11969CHEVROLET CORVETTE CONVERTIBLE$49,500
3831969CHEVROLET CORVETTE CONVERTIBLE$49,500
3861969CHEVROLET CORVETTE COUPE$60,500
638.11969CHEVROLET CORVETTE COUPE$49,500
660.11969CHEVROLET CORVETTE ROADSTER$95,700
9521969CHEVROLET CORVETTE COUPE$24,200
4401970CHEVROLET CORVETTE COUPE$33,000
6171970CHEVROLET CORVETTE COUPE$31,900
916.11970CHEVROLET CORVETTE COUPE$11,000
3481971CHEVROLET CORVETTE CONVERTIBLE$51,700
734.51971CHEVROLET CORVETTE CONVERTIBLE$30,800
7441971CHEVROLET CORVETTE CONVERTIBLE$44,000
4351972CHEVROLET CORVETTE COUPE$40,700
6241973CHEVROLET CORVETTE CONVERTIBLE$39,600
161978CHEVROLET CORVETTE 25TH ANNIVERSARY T-TOP COUPE$17,05
9151978CHEVROLET CORVETTE INDY PACE CAR L-82$23,650
9651978CHEVROLET CORVETTE SILVER ANNIVERSARY PACE CAR$38,500
3361982CHEVROLET CORVETTE COUPE$23,100
9281982CHEVROLET CORVETTE COUPE$24,750
6031984CHEVROLET CORVETTE COUPE$13,200
9251988CHEVROLET CORVETTE COUPE$16,500
45.21990CHEVROLET CORVETTE COUPE ZR1$52,250
954.11991CHEVROLET CORVETTE COUPE$33,000
6051994CHEVROLET CORVETTE CONVERTIBLE$22,000
3461995CHEVROLET CORVETTE CUSTOM COUPE$44,000
334.11998CHEVROLET CORVETTE CONVERTIBLE$28,050
3822000CHEVROLET CORVETTE LINGENFELTER CUSTOM COUPE$71,500
4062000CHEVROLET CORVETTE CUSTOM LINGENFELTER COUPE$55,000
677.12002CHEVROLET CORVETTE Z06 LINGENFELTER CUSTOM COUPE$77,000
    
Total Sales:$6,239,750

Source:
Barrett-Jackson.com Related:
Barrett-Jackson Auction Results: 1990 ZR1 Corvette Coupe
Barrett-Jackson Preview: 1958 Dual Quad Corvette Convertible
Barrett-Jackson Corvette Sales Top $6.5 Million Technorati Tags:
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Gavin/Beretta Win GT1 at St. Petersburg

by Keith Cornett on April 1, 2007

The #4 C6.R Corvette at St. PeteOliver Gavin and Olivier Beretta won their second consecutive race in the GT1 class on the waterfront street circuit in St. Petersburg, Florida. The #4 C6.R with the two Ollies had a smooth run while a driveline problem sidelined the #3 C6.R driven by Johnny O’Connell and Jan Magnussen. Gavin and Beretta completed 111 laps to finish 8th overall. Johnny O’Connell was driving the #3 Corvette when it suddenly lost power to the rear wheels after completing only 37 laps. Because the Corvette failed to complete 70% of the overall winner’s total laps, the Corvette and drivers were not eligible for championship points.

“This is a very unusual situation for us, but that’s the reason we’re out here racing,” commented Corvette Racing program manager Doug Fehan. “We’ll look at the parts, see what the issues are, address any problems, and make the cars more bulletproof. There’s something to be learned from this, and that’s what we’ll do.”
Corvette Racing’s next event is the second of three consecutive street races, the Grand Prix of Long Beach on Saturday, April 14. The 1-hour, 40-minute race on a 1.968-mile temporary street circuit will begin at 7 p.m. ET (4 p.m. local time), and will be televised in a same-day broadcast on the SPEED Channel from 8 to 10:30 p.m. ET.
Source:
CorvetteRacing.com
Photo Credit: Richard Prince Related:
Sebring: Corvette Racing Finishes 1-2 Technorati Tags:
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The first day of bidding at a Barrett-Jackson auction is often the best time to find a deal, or at the very least, buy a car without the infamous BJ markup that we’ll see later this weekend. But who would of thought that after the first day, a 1990 ZR1 Corvette would be in the list of top 10 cars? Sold for $47,500, with buyer’s commission the total sales price was $52,250. This 1990 ZR1 Corvette is a museum piece with only 800 miles, full documentation and as the case with most cars in its stored condition, has the obligatory “Never Seen Rain” statement. It’s number 727 out of 3049 ZR1′s produced in 1990.

As you watch the clip, the Speed announcers make a couple of generalizations and misstatements about this “King of the Hill” Corvette, including a comment about how the owner could have done better with the “early 80′s Pace Cars”. But we’ll forgive them as they were still on a high from the ’67 GTO that rolled just prior to the red Corvette.
Source:
Barrett-Jackson
Speed Related:
Barrett-Jackson Preview: 1958 Dual Quad Corvette Convertible
Barrett-Jackson Preview: Corvettes Line Up for Palm Beach Auction Technorati Tags:
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1958 Dual Quad Corvette ConvertibleBarrett-Jackson’s Palm Beach Collector Car Auction begins tonight and Speed TV will be broadcast three hours of coverage beginning at 9pm eastern time. Tonight and Friday night’s 6 hours of coverage will be tape-delayed, but on Saturday, Speed TV will be broadcasting the auction live from 12 noon to 8 pm. Time to set the TIVO! Looking through the list of available Corvettes, this 1958 Convertible really caught my eye and will be one to watch when it crosses the auction block. Lot number 674 is a 283 ci/245 hp dual quad Corvette in Panama Yellow with White Coves and a charcoal interior. The engine is coupled to a 4-speed transmission and it has the rare power top option. Less than 12% of the Corvettes in 1958 had the RPO 473 Power Folding Top option. The Corvette was recently treated to a no expenses spared restoration to NCRS specifications. Check out the awards this Corvette has won over the last couple of years: Multiple NCRS Regional and National Top Flight Awards 2004-2006
NCRS Performance Verification Award 2006
Bloomington Gold Certification 2004
Gold Spinner Concourse Award 2004
TRIPLE CROWN 2004
NCRS Duntov Award 2006 The 1958 Corvette model year has seen its values skyrocket over the last five years, appreciating at a whopping 76%. Our average price is $46,200 but if this Corvette is well documented and with the awards it has won, it should be close to, if not surpass, our high price of $145,000.
Source:
Barrett-Jackson Collector Car Auction
VetteFinders.com Corvette Price Guide Related:
Barrett-Jackson Preview: Corvettes Line Up for Palm Beach Auction Technorati Tags:
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Can You Design a SEMA Corvette?

by Keith Cornett on March 28, 2007

Fidanza 2006 Corvette Twin TurboAre you the next Larry Shinoda or John Cafaro? Luckily, you don’t have to be a world famous Corvette designer to participate in the Fidanza C6 TT design contest. But what you will need is some original style and your photoshop skills if you want to redesign their show Vette for the SEMA show. Fidanza, makers of flywheels, clutches and other performance parts, is looking for a new design for their 2006 Corvette Twin Turbo and they want you to come up with a new design. The only requirements are keeping the original Le Mans Blue exterior paint and the same aftermarket wheels, as well as adding their list of sponsors to the car. Winners will have their named placed on the car and will receive an 8×10 framed photo of the finished Corvette. The Corvette will be attending the SEMA and PRI shows. Deadline for photo submissions is April 9th. For more info, visit the Fidanza C6 Photochop Contest page.
Source:
Fidanza Related:
SEMA’s Outrageous C6 Corvette Technorati Tags:
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