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GM Offering 0% Financing on 2008 Corvettes

by Keith Cornett on August 1, 2008

The 2008 Corvette Z06

We knew it was coming and GM didn’t let us down. As soon as the 2009 Corvettes started hitting dealer showrooms, GM has announced a 0% financing offer on all new 2008 Corvette models including the Z06. This is a great opportunity for buyers to save thousands of dollars on interest payments as well as help dealers clear excess inventory to make way for the 2009 models.

The 0% financing offer goes into effect this weekend with terms up to 48 months for coupes and Z06 and 60 months for convertibles. A quick check of Jeff Hardy’s website shows the remaining 2008 Corvettes broken down as of yesterday to be:

  • 3,947 Coupes
  • 1,841 Convertibles
  • 1,704 Z06s.

If you’ve been waiting for a traditional model year end rebate, you’re in luck. Those that jump the quickest will have the greatest selection of 2008 Corvettes to choose from and the special offer expires on 8/19/08. Visit our friends at Kerbeck Corvette and Dave and gang will get you into the Corvette of your dreams.


Source:
GM.com
JeffHardy.com

Related:
June 2008 Corvette Sales

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Corvette Racing: The 24 Hours of Spa

by Keith Cornett on July 31, 2008

The GMAC Phoenix Carport #6 Corvette C6.R

With the factory-backed Corvette Racing team having the weekend off, we’ll be watching the two Corvette privateer racing teams compete in the FIA-GT Championship at the 24 Hours of Spa in Belgium. The 4.3 mile track is one of the most historic and challenging in the world and with three Corvettes battling the likes of Maserati, Saleen, Lamborghini, and Aston Martin, its definitely a race worth watching. Unlike LeMans or the ALMS, there are no prototype classes so the GT1 cars will also be competing for the overall win.

Germany’s Phoenix Carsport will be defending the GT1 Championship in the GMAC #5 and #6 Corvette C6.R’s. The Belgium-based Selleslagh Racing Team (SRT) will also be racing a Corvette C6.R.

Last year’s race was a battle of the Corvette C6.R vs the Maserati MC12 with Carsport Holland’s #5 Corvette C6.R taking the win after the class leader Vitaphone Maserati MC12 missed a turn and landed in the gravel. The 2007 race was also quite exciting as Corvette Racing’s Olivier Beretta and Oliver Gavin joined up with the Luc Alphand Adventures Corvette racing team. Unfortunately, I don’t see an entry this year for the distinctive White C6.R.

European-based Corvette Motorsport will be offering live coverage of the 24 Hours of Spa through their website. Live on-board cameras and pit feeds will be streamed. Combined with timing and scoring information and live chat for fans, it should be relatively easy for us US-based Corvette Racing fans to keep up with all the action that happens in a 24 hour endurance race. Click here for a video teaser.

In the first Pre-Qualifying reports, we see that Corvettes are running 1-2 (Phoenix Racing/SRT) with Vitaphone’s Maserati MC12 third.

Live coverage of the practices and qualifying kicks off today and the race is scheduled to start at 4:00 PM local time. I believe that translates to 10 AM Eastern Time.


Source:
Corvette Motorsport
Photo Credit: Planet LeMans

Related:
Spa 24: Corvettes Finish 1st and 3rd (2007)

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When Corvettes Go Bad: 1964 Corvette 4×4 AMC

by Keith Cornett on July 30, 2008

1964 Corvette 4x4 AMC

Fate sure dealt a hand to this 1964 Corvette convertible. The car was the unfortunate target of a custom conversion back the 80′s which saw the Sting Ray’s body mated to a Jeep 4×4 chassis. To add insult to injury, the Corvette is now powered by an AMC V8 instead of its trusty Chevy 350. But who are we to judge a car on its minor imperfections. It hasn’t stopped the ebayers as the Corvette has 15 bids with the high bid at $4500. Shows that you can slap a Corvette on just about anything and it will sell.

1964 Corvette 4x4 AMC 1964 Corvette 4x4 AMC 1964 Corvette 4x4 AMC

The Corvette is being sold as a parts car as it has no title. But the seller claims the VIN and trim gags are intact in case you wanted to try. I was somewhat surprised to see a mid-year convertible top. The interior is fairly stock but in pretty rough shape. I don’t ever see this Corvette being returned to former glory.

The eBay auction closes Thursday, July 31st. The $4,500 high bid appears to have surpassed the reserve price.


Source:
eBay

Related:
Corvette Summer Dream Turns Into Nightmare

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2009 Corvette's Blade Silver Metallic vs 2008 Corvette's Machine Silver

Kerbeck’s Dave Salvatore posted on the Kerbeck Corvette blog a side by side comparison of a 2009 Blade Silver Metallic Corvette Z06 (right) next to a 2008 Machine Silver Corvette (left). The side by side gives us the best look yet at the new color and how it compares to last year’s popular Machine Silver.

Comparison of Machine Silver vs Blade Silver Comparison of Machine Silver vs Blade Silver Comparison of Machine Silver vs Blade Silver

Silver is one of those colors that can appear to possess different shades and variations based on the lighting. Without the two cars being next to each other, its very hard to differentiate between the two colors. Put ‘em side by side however and you can see the difference immediately: The 2009 Corvette’s Blade Silver Metallic is definitely a lighter shade of silver than Machine Silver.

The new Blade Silver Metallic Corvette color, RPO code 17U replaces the popular Machine Silver which was offered on Corvettes from 2004-2008. Machine Silver usually ranked in the top of Corvette colors produced during its five year run and the new Blade Silver Metallic should continue that trend as well.


Source:
Kerbeck’s Corvette Blog Related:
Photo Gallery: The 2009 Blade Silver Metallic Corvette
New Paint Chips Revealed for 2009 Corvette

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Dave Ressler at the Corvette Assembly Plant

Dave Ressler, Chevrolet Dealer and the world’s first 2009 ZR1 owner talks about his new Corvette and his now-famous $1 million dollar donation to the United Way of Southeast Michigan. GMNext takes us inside the Corvette assembly plant where we see the LeMans Blue #0001 Corvette ZR1 roll off the assembly line, performance tested and then moved to a special display with one of Dave’s other Corvettes, 1953′s #003.

Ressler calls his ZR1 a “Corvette Z06 on Steroids” and that “it’s just that much of a better car”. Dave has been selling Chevys for thirty years and isn’t just towing the company line. It’s great to see that puts his own money into a car he believes in.

Sources:
GMNext.com

Related:
[VIDEO] First 2009 Corvette ZR1 Delivered to Million Dollar Bidder
[VIDEO] Barrett-Jackson 08: 1st 2009 Corvette ZR1 Sold for $1 Million
#003 1953 Corvette Sells for 1 Million Dollars

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Take Out! Hertz Corvette ZHZ Wrecks Dallas Restaurant

by Keith Cornett on July 28, 2008

Corvette ZHZ Takes Out Dallas Restuarant

In what will no doubt be the first of many, a Hertz Rent-A-Car Corvette ZHZ was involved in a one car accident last week in Dallas, Texas. The unidentified driver lost control of the sports car around 11 am and the Corvette came to a stop in the patio eating area in front of the popular La Madeleine restaurant.

The Hertz Corvette ZHZ is distinctive for its Velocity Yellow exterior with the black hood and roof stripe. Hertz added the car to their “Fun Collection” lineup several months ago.

From the photos it appears the Corvette suffered significant damage to the body. An employee of the restaurant said the Corvette slammed into the building but that he didn’t think anyone was badly injured.

We’re hoping that the driver elected for full insurance coverage on the Corvette before turning off “Active Handling”.


Source:
MyFoxDallas.com

Related:
Hertz To Offer Exclusive Limited-Edition Corvette ZHZ

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GM Cutbacks Extend to Corvette Program

by Keith Cornett on July 28, 2008

Gary ClaudioLast week GM CEO Rick Wagoneer announced an ambitious plan to cut costs across the board and we are now hearing the cuts will impact two members of the Corvette team. Gary Claudio, Corvette’s current marketing manager and dealer liaison is being moved to a position at Chevrolet Racing. The marketing manager duties will be shifted to Corvette Product Manager Harlan Charles.

Thanks Gary for your service to Corvette and good luck with your future endeavors.

We’ll continue to watch the goings-on at GM and will bring you news as it impacts Corvette.


Related:
Video: Chevrolet’s Harlan Charles Shows Off the Corvette ZR1 Technorati Tags:
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Specter Werkes Unveils New C6 Corvette GTR

by Keith Cornett on July 26, 2008

Specter Werks C6 Corvette GTR

Our friends at Jalopnik were lucky to attend Thursday’s unveiling of the new Specter Werks C6 Corvette GTR. The new GTR is a $35,000 upgrade that takes a stock Corvette and completely reworks the body. The GTR shares only the roof, rear hatch and glass with a stock C6 Corvette. The exotic looking panels expand width by 4-and-a-half inches and the results are simply bad ass in our opinion!

The Specter Werks C6 Corvette GTR is more than just a rebody. The GTR shown here is powered by Specter’s Matrix II LS3 stroker engine. Displacement is boosted from 6.2 liters to a 6.8 liter 416 ci V8, delivering 535 horsepower and 530 lb-ft of torque. Keeping all that power on the road are Michelin Pilot Sport 2s, with 19 inch Foregline VR3P wheels in the front and 20 inch versions in the rear. StopTech brakes featuring 6-piston calipers and 15-inch slotted rotors in the front and 4-piston calipers and 14-inch slotted rotors in the rear provide plenty of stopping power. Specter Werks Corvette GTR’s are available with a variety of high-performance powertrain options available for additional cost.

Specter Werks C6 Corvette GTR Specter Werks C6 Corvette GTR Specter Werks C6 Corvette GTR

In attendance at the GTR reveal were several members of the GM’s Corvette team who complimented the car on its design and Specter Werk’s attention to details. Make sure you visit Jalopnik for the the press release and 18 photos from the event.


Source:
Jalopnik Related:
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2008 Allstate 400 Corvette Z06 Pace Car

The 15th running of the Allstate 400 at the Brickyard is Sunday and the Corvette Z06 was selected for the 4th consecutive year. This year’s Allstate 400 Pace Car Corvette features a design that can only be described as an ear of corn: the yellow hood and the green stalks grace the sides against a Lemans Blue base. Surprisingly, there is no mention if the Jolly Green Giant of Pace Cars runs on E85. We’re not counting on it, because if it did GM would have put a big fat ethanol sticker on it. Or perhaps GM is counting on subliminal advertising. Maybe this is just a “tribute” to e85 cars everywhere!

2008 Allstate 400 Corvette Z06 Pace Car 2008 Allstate 400 Corvette Z06 Pace Car 2008 Allstate 400 Corvette Z06 Pace Car
 
2008 Allstate 400 Corvette Z06 Pace Car 2008 Allstate 400 Corvette Z06 Pace Car  
Credits: IMS Photos by Ron McQueeney

Whenever the Corvette paces a NASCAR race we just have to mention how the Z06 is well equipped with its 7.0 liter 505 horsepower V8 to lead the pack flying bricks stock cars. The only modifications needed to pace the Brickyard are “corny” exterior graphics and the safety lights.

Former Chevrolet General Manager John Middlebrook will be driving the Corvette Z06 Pace Car. Middlebrook recently retired after nearly 5 decades at GM, serving various positions including Chevrolet General Manager and GM VP global sales, service and marketing operations.

“It is great honor for me to have the opportunity to drive the Corvette Z06 Pace Car at the Indianapolis Motor Speedway,” Middlebrook said. “There is a tremendous Chevrolet heritage at the Speedway dating back to the involvement of Louis Chevrolet in the Indianapolis 500 in the early-1900s. To play a small role in continuing that tradition behind the wheel of the 505-horsepower Corvette Pace Car for NASCAR’s 15th Allstate 400 at the Brickyard is a memory I will embrace.”

The 15th running of the Allstate 400 at the Brickyard is scheduled to start at 2 pm EST on Sunday, July 27. Live coverage will be provided on ESPN and the IMS Radio Network.


Source:
Indianapolis Motor Speedway Related:
2007 Allstate 400 Corvette Z06 Pace Car
Two Unique Corvettes to Pace the 2008 Indianapolis 500 Technorati Tags:
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Remarkable 1954 Silver Style Corvette Reborn

by Keith Cornett on July 25, 2008

1954 Style Corvette - Photo credit: James Haefner

While 1954 Corvettes are far from ordinary, VIN #2771 of 3640 produced in the second year of Corvette production took the path that few Corvettes seldom see and has survived to tell the tale 54 years later. This Corvette would become part of an exclusive club known as “style” Corvettes. Style Corvettes were cars usually pulled off the assembly line and sent to GM’s design studios where they would undergo a host of interior and exterior design changes as Chevrolet looked to improve and refine the looks, comfort and usability of the two-seat sports car.

The life span of a “style” Corvette was usually short. It was common for these cars to be destroyed after their “styling” exercises were concluded, but in some instances they were returned as close as stock as possible and resold. In some rare cases, they were kept in their restyled configuration and sold to GM employees or outsiders with ties to the Corvette program

Yet E54S002771 wasn’t pulled from the assembly line like the typical style Corvette. She started out the way most 2nd year Corvettes did – delivered to her new owner with a factory fresh Polo White enamel exterior with Sportsman Red interior. The original owner of #2771 was a GM employee named Roger Crispel. Roger longed for a 1953 Corvette, but being neither a VIP nor a celebrity, the two credentials needed to secure 1 of the 300 Corvettes built in that first year, had to settle on a 1954 model.

Roger received his Corvette in the middle of 1954 and thoroughly enjoyed the car until he started having issues with the mechanicals and the top. His Chevrolet dealer was powerless to help and may have actually contributed to Roger’s problems as at one point the Corvette wouldn’t go any faster than 15 mph. Copies of letters exist today show Roger wrote to Chevrolet Chief Engineer Ed Cole, describing his issues with his 1954 Corvette and how his euphoria and enthusiasm for the car had turned to dismay. Cole suggested dropping off the car at GM’s executive garage and Roger was given use of a company car while the mechanical problems could be correctly diagnosed and fixed. GM performance contributor and 3-time Indy 500 winner Mauri Rose signed off on the engine performance once the repairs were completed. Fitted with the second generation top now found on 1955 Corvettes, the Corvette was reunited with her owner.

In 1955 Roger was leading one of GM’s various interior design studios and needed a Corvette for a proposal. Instead of requesting a Corvette off the assembly line, he offered up his own car for the exercise. The first design exercise for #2771 was Shop Order 2536 and was dated 4-14-55. That exercise had the Corvette painted orange and black. “Hideous” is the word that Roger used to describe the appearance of his Corvette at the conclusion of the study.

A second Corvette design proposal was floated a few months later and once again Roger offered up his own 1954 Corvette as the subject. This exercise was Shop Order 10028 and was dated 2-11-56. The Corvette was repainted in a finish that Roger himself created. The color was described as having a goldish-silver hue and so he named it “Sahara Silver”. The interior was redone in a two-tone black and silver alligator leather trim and the original beige top was replaced with black canvas which really complimented the silver exterior and black and silver interior. Other styling enhancements included an engine-turned gauge bezel, a prototype three spoke Corvette steering wheel, vertical “shark-fin” headlamp fittings and a center armrest storage console.

1954 Style Corvette 1954 Style Corvette 1954 Style Corvette
1954 Style Corvette 1954 Style Corvette 1954 Style Corvette
1954 Style Corvette 1954 Style Corvette 1954 Style Corvette

The “shark-fin” headlamp fittings are one of the more interesting aspects of the second design proposal. 1953-1955 Corvettes are well known for their wire-mesh basket headlight covers, but due to laws in several states that prohibited obstruction of the headlights, the vertical shark-fin was tested as an alternative to the production headlamp baskets. In the end only two sets were made with one set installed on this 1954 Corvette while the other set found its way to GM Design Chief Chuck Jordan’s own Corvette.

The details of the two separate style exercises were well documented as Roger kept fastidious records. The 2-inch GM binder retained with the Corvette details the progress of the design proposals and numerous photos show the corvette undergoing the work in GM’s design shops. The Corvette itself is documented with the shop order (SO) id and date stamped on a metal plate that was then riveted to the Corvette’s cowl.

Sometime in the early Seventies, the Corvette was sold to Bruce Vollmer who restored the Corvette back to its original Polo White with Sportsman Red interior. The custom parts like the shark-fin headlamp splitters, dash, steering wheel and top all remained on the car. Shortly after this restoration, #2771 was parked in a heated garage where it remained for 30 years. Family, work, and money are often the reasons why cars are parked and forgotten and such was the case with this 1954 Corvette Roadster.

1954 Style Corvette 1954 Style Corvette 1954 Style Corvette

Corvette restorer Werner Meier knew #2771′s second owner Bruce Vollmer and had seen the Corvette in person. He had also seen the two-inch binder that documented her time in GM’s design studios. Knowing the special history of the Corvette, Werner often tried to convince Bruce to let him restore the car, but to no avail. Finally, the time was right and the Corvette was sold to well known automotive collector Ken Lingenfelter (no relation to John), who had the car transported to Werner’s Masterworks Automotive Services in Madison Heights, Michigan for restoration.

Werner used the data and pictures from the second design exercise as the basis of the restoration and the results of his eight months of labor are stunning. Much of the chrome had to be redone and Werner concentrated much of his talents on improving the fit and finish of the panels and gaps that early Corvettes are notoriously known for. Werner also had to take special care when working on the car’s custom pieces like the “shark-fin” headlight splitters. They were showing deterioration when he received the car and should anything have happened to them during the restoration process, there was no supplier call to order a new set.

The future of #2771 remains to be written, but looks to be much brighter since becoming one of the cornerstones of Ken Lingenfelter’s 150 car collection. Ken recently shared this Corvette and several others as E54S002771 made her public debut at the NCRS Michigan Regional Meet in Novi in Mid May 2008.

For a pricing perspective we turned to Vette-N-Vestment’s Bob Kroupa who said that documented style Corvettes are very rare and when they do reach the open market, they usually sell for a premium price. Bob mentioned the recent sale of two style Corvettes that were sold during 2006′s Bloomington Gold auction as a comparison. Both were owned by the former President of Chevrolet Bunkie Knudsen. A pink 1964 automatic coupe with air that was styled for his wife sold to collector Bob McDorman for $367,500 while Mike Yager of Mid America snatched up Bunkies personal frost blue 1964 Coupe for $278,250.


Source:
Masterworks Automotive Services
Corvette Forum

Photo Credits
Al Steiger – North Oaks Corvette Club
James Haefner – Haefner Photo
John Hinckley – Michigan NCRS

Related:
Friday’s Featured Corvettes for Sale – 1954 Edition
Rare 1957 “Airbox” Corvette Found & Restored to Former Glory