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Coming Monday: Five Factors That Drive Corvette Prices

by Keith Cornett on October 13, 2006

On Monday, October 16th, we will be kicking off a five-part series entitled “The Five Factors That Drive Corvette Prices”. This in depth look at Corvette pricing and valuations will run through Friday, October 20th. Here is a preview:

What drives the values of Corvettes? Much like any other automobile, Corvette values are based on a number of factors including quantity produced, condition of the car, options, originality and market forces.
See you on Monday!
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Featured Corvettes at VetteFinders.com

by Keith Cornett on October 13, 2006

October is upon us. Keep winter at bay by cruising in your new Corvette. If you’ve been dreaming about getting behind the wheel of a Corvette, there is no better place to start looking than VetteFinders.com. The following six cars were highlighted in our October Featured Corvettes Newsletter which is just a small sampling of the 500+ Corvettes now available.

1958 Corvette Convertible For Sale 1966 Corvette Coupe For Sale 1971 Corvette Coupe For Sale
1958 Convertible 1966 Coupe 1971 Coupe
$59,995 $44,490 $14,900
     
1996 Corvette Convertible For Sale 2003 Corvette Hardtop For Sale 2006 Corvette Convertible For Sale
1996 Convertible 2003 Z06 2006 Convertible
$18,900 $38,900 $52,995
Interested in receiving the Featured Corvettes newsletter? Click here to subscribe. Selling Your Corvette? Now is the time and VetteFinders.com is the place to reach more qualified Corvette Buyers. Corvette Classified Ads are only $25 and run for 3 months. You can post unlimited photos and you have access to make any changes at any time.
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Video: Corvette Museum Details Expansion Plans

by Keith Cornett on October 12, 2006

The National Corvette Museum's Expansion PlansThe National Corvette Museum unveiled their 50,000 square foot expansion plans at the annual membership meeting over Labor Day Weekend. The expansion includes a library and archives, a cafe, conference center and additional space for the Delivery program. The cost of the expansion is expected to cost around $12 million dollars. The Building Campaign fund currently stands at over $2.4 million dollars in pledges and donations. With groundbreaking planned for Labor Day Weekend 2007, the museum is busy soliciting donations to determine the amount of the square footage that will be included in Phase 1 of construction. The video contains the plans for the museum and how the expansion will be integrated into the current structure. It also shows architectural representations of how the space will be allocated. I will be contacting the museum to discuss our building fund contribution and I urge all Corvette supporters to do the same. Here is the link if you are interested in helping the National Corvette Museum with a tax deductible gift to the building fund. Source: National Corvette Museum Editor’s Note:We did have the video embedded on the site but it was causing problems with loading the rest of the page. We removed the embed code and replaced it with a link to the Museum. The video can be viewed here.
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Celebrity Sighting: Rush Hour Corvette For Sale on eBay

by Keith Cornett on October 11, 2006

The 1972 Corvette Convertible driven by Chris Tucker in the movie Rush Hour is up for grabs on eBay. The current bid is at $17,990 and there is just a little over one day left for bidding. The Corvette has a reserve price which has not yet been met, and the Buy It Now price is listed at $49,998. The seller claims that this Corvette is one of the most famous Corvettes in existence due to the movies. I don’t think I would go that far, but the 72 Corvette Stingray is a beauty, despite the fact that Chris Tucker and Jackie Chan signed the dash. Oh wait, that should only add to the collectibility, right? Here are some photos of the Rush Hour Corvette:

The Rush Hour Corvette - 1972 Convertible The Rush Hour Corvette - 1972 Convertible The Rush Hour Corvette - 1972 Convertible
The Rush Hour Corvette - 1972 Convertible The Rush Hour Corvette - 1972 Convertible
Click here to view the eBay auction
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2006 Z06 CorvetteI just stumbled across this podcast from Open Road Podcast which was posted September 22nd. The discussion of the Z06 Corvette by the commentators covers the good, the bad and the ugly of the new Z06 Corvette. Mr. Black, as the story goes, finally coaxed a Z06 loaner from GM for a week and the podcast covers the countless burnouts, powerslides and the phenomenal horsepower of the 7.0 liter engine. His comments on the failings of the Z06 are blunt though so don’t get expect a puff piece. His rant about the interior and gearbox may be useful to those within the Corvette engineering/design team. Following the Z06 review is some talk about the Blue Devil/Stingray/SS Corvette. The last part of the conversation details the design of the C7 Corvette. Supposedly, the car is in now in the design stage and from sources who are knowledgeable of the project say that it has some overtones of the Midyear Coupe without being too retro looking. Specifically the term “Split Window” was used. Hmmm…. The guys behind the Open Road Podcasts are consultants within the auto industry and therefore their pseudo names (Mr. Black, Mr. White, Mr. Blonde) allow them to discuss insider information without fear of prosecution. These guys were a lot of fun to listen to and this particular podcast was a great listen. You can download the podcast from their website or subscribe to the Open Road Podcast at iTunes. Source: Open Road Podcast
Image: CorvetteImages.com
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Corvette Image of the Day: Little Red Corvette

by Keith Cornett on October 10, 2006

Spotted this cool C1 Corvette on Flickr. The Corvette was parked at a mexican restaurant on a hilltop in El Torito, California.

Little Red Corvette
Source: Flickr
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Corvette Wins 2 Strategic Vision Total Value Awards

by Keith Cornett on October 9, 2006

2006 CorvetteBoth the Corvette Coupe and Convertible won their classes in the annual Strategic Vision Total Value Awards. The awards are based on an index which factors economic issues against the total new vehicle ownership experience. The factors that make up the index include reliability, a solid warranty, strong anticipated resale value, durability and innovation. The Corvette Coupe won its class of “Small Specialty over $25,000″ with an index score of 798. The Mercedes-Benz CL Class Coupe was second with a score of 790 and the BMW 3-Series Coupe was third at 784. The average score for the class was 762. The Corvette Convertible won its class of “Convertibles of $30,000″ with an index score of 789. The BMW Z4 Roadster was second with a score of 778 and the Porsche Boxster came in third with a score of 775. The average index in the Convertibles over $30,000 was 755. GM was the top domestic corporation and won 4 Total Value Segments, three of which were won by Chevrolet products. Other GM winners included the Saturn Vue, winning the Small SUV segment and the Chevrolet Silverado 2500/3500 which won the Heavy Duty Pickup segment.

“GM’s new warranty will bring new prospective buyers to the brand, who otherwise might have felt the quality, durability and value was missing,” said Alexander Edwards, president of Strategic Vision automotive research group. “If GM can communicate the right quality cues and value in current and future vehicles, then they will be poised for success in the near future.”
Source: Strategic Visions, Inc.
Image: CorvetteImages.com
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September 2006 Corvette Sales

by Keith Cornett on October 5, 2006

GM’s September 2006 Sales Report has been released and Corvette sales still remain strong. Calendar Year-to-Date sales are up 20.9% with 27,903 Corvettes delivered in 2006 vs 23,080 in 2005. Year to Year monthly sales are up 23.9% with 3,056 Corvettes sold in September 2006 vs 2,372 Corvettes in September 2005. There were 26 selling days for the September 2006 period vs 25 selling days in September 2005. Source: GM
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Our friends at DigitalCorvettes.com landed themselves a big one last night, as the first photos of the Blue Devil/Stingray/Z07 Corvette have finally been posted. Head over to read an interview with photographer Chris Doane, who needed 15-20 minutes just to get in front of supercharged ‘Vette to take some photos.

Blue Devil Corvette 1966 Corvette
Source: DigitalCorvettes.com
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Corvette Number 002 Found?

by Keith Cornett on October 4, 2006

C1 Corvette Ken Amrick is reporting in the Fall 2006 issue of On Solid Ground that the body from Corvette #002 may have been located. On Solid Ground is the publication of the Solid Axle Corvette Club. Many modifications and oddities about the early Corvette body appear to be consistent with records showing that body No. 002 served as a test car for production Corvettes, including whether the then-developmental small-block V-8 would work in the two-seater. GM records show body No. 002 was assigned duty as an engineering test vehicle (and assigned No. 3951), and was used in various V-8 design tests, as well as cooling system, 12-volt power, Powerglide and exhaust development. The body that was recently found was removed when car No. 3951 received a new body in May 1955. There are some interesting characterists to the body believed to be that of #002. They include: • The body has a one-piece floor, thought only to exist among the first 12 Corvette bodies. • The fiberglass finish is extremely crude, especially in trunk and behind seats, per early cars. • The right-side inner fender has been reworked to fit a 12-volt battery. • The brake pedal arm and emergency brake have differences from any other Corvette. • Several sets of holes in the firewall indicate multiple placements of heater motor and hoses. • The normal exhaust holes were covered with factory-type materials, and there is evidence that extra exhaust holes were cut in rear fenders, as on 1956-’57 V-8 models. An early photograph known to be of body No. 002 shows two sets of exhaust holes, and they are in the same location on the body of the car in question. The earliest known Corvette still existing is No. 003, which has been restored to show condition and sold at the 2006 Barrett-Jackson Auction in Scottsdale for $1 million dollars. Corvette No. 001 is known to have been destroyed in a burn test by General Motors. I’m hoping that there will be more details about this historic find including how, where and when. Keep in mind as well that we are not talking about a complete Corvette, only the original body. We’ll try to post more details when they are released. Source: Old Cars Weekly
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