News from Corvette Mike

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Low Mileage Collector Car Sales are Hot

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Image courtesy of Barrett-Jackson

I don’t know if you have been to any of the auctions lately, or watched them on TV, but the collector market is very strong right now.

Just this last weekend, Barrett-Jackson held its annual Las Vegas Auction and hit another record with $48 Million in Sales. Among the notable collector cars sold during the three-day auction were a 2015 McLaren P1 which sold for $1,567,500, and a 1957 Mercedes-Benz 300SL Roadster that brought in $1,045,000.

But it was not just the super high-end cars hitting new highs, as more than 700 vehicles were sold for a total of over $46 million. And then there were the 284 pieces of automobilia that brought in over $884,000, and another $775,000 was raised through the sale of four charity vehicles.

Notable Corvette sales were a 1973 Coupe that sold for $137,500, A 2020 3LT Coupe for $154,000, A 1967 400hp for $275,000 and a 1963 SWC for $396,000!

But its not just Corvettes that are doing well, as most American Muscle cars are setting records also. At that same auction, a 1968 Camaro Z/28 sold for $81,400, and 1987 Buick GNX with 8.7 miles for 275,000!


GM Is ‘Not Even Close’ to Keeping Up
With C8 Corvette Demand

C8 Corvette is a massive hit for GM, but has also been plagued by production delays since it was introduced. With many orders to fill and supply dwindling, it’s no surprise the company is selling cars faster than it can make them.

Chevrolet marketing executive Tony Johnson recently told GM Authority that, as it stands, the company is “not even close” to keeping up with demand for their newly-reconfigured sports car. The Corvette is consistently among America’s fastest-selling cars and issues are still disrupting the production process. Lets hope GM has a plan on how to increase production and keep the price down..


Win a 600-hp 2021 Corvette Z51 Coupe
and a 1961 LS3 Restomod!

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The 2021 Corvette Dream Giveaway is underway and it’s your chance to win a 2021 Corvette Z51 Coupe and a LS3-powered 1961 Corvette Restomod, along with a check for $43,000 to pay the taxes.  The loaded 3LT C8 Corvette will have 600-horsepower thanks to Lingenfelter Performance Engineering. Finished in Silver Flare with Red interior, it has an MSRP greater than $93,000. The ’61 restomod is also finished in Silver and Red and it features 525 horsepower and a 6-speed manual transmission.  Your contributions help fuel a variety of children and veterans charities and you’ll receive 50% more entries with donations of $25 or more!

Click Here to get your tickets today!


Special Bring A Trailer Auctions

#1
4,300-Mile 2017 Grand Sport 3LT 
Carbon-Ceramic Brakes
Z07 Performance Package!

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This 2017 Chevrolet Corvette Grand Sport coupe is finished in Admiral Blue Metallic over blue Nappa leather, and power is supplied by a 6.2-liter V8 paired with an eight-speed automatic transaxle and a limited-slip differential. Features include the 3LT Preferred Equipment Group and Z07 Performance Package as well as carbon-ceramic brakes, Magnetic Ride Control suspension, staggered-diameter alloy wheels, automatic climate control, carbon-fiber trim, heated and ventilated seats, and more!

Bid On It By Clicking Here


#2

5k-Mile 2004 Z06 Commemorative Edition
350/405hp 6-spd. manual transaxle

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This 2004 Chevrolet Corvette Z06 is one of 2,025 Commemorative Edition models produced to celebrate the two class victories of the C5-R at the 24 Hours of Le Mans. The car is finished in Le Mans Blue over black leather and powered by a 5.7-liter LS6 V8 mated to a six-speed manual transaxle and a limited-slip differential. Features include a carbon fiber hood, racing stripes, polished wheels, a head-up display, dual-zone automatic climate control, power accessories, and Bose speakers

Bid On It By Clicking Here


#3

561-Mile 1993 ZR1 40th Anniversary

Highly desirable 40th Anniversary ZR-1

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This 1993 Chevrolet Corvette ZR-1 is one of 245 examples equipped with the 40th Anniversary Package, and it is finished in Ruby Red Metallic over matching leather and powered by a Lotus-designed and Mercury Marine-assembled 5.7-liter LT5 V8 paired with a six-speed manual transmission. Equipment includes Selective Ride and Handling suspension, removable roof panels, power-adjustable seats, automatic climate control, and a Delco-Bose cassette/CD stereo.

Bid On It By Clicking Here


DISCOUNTED PARTS TABLE ITEMS

Pictures Available Upon Request.

  • 1956-1962 Corvette Hardtops – Priced from $4,888.
  • 1963-1967 Corvette Hardtops – Priced from $2,000.
  • 1968-1975 Used convertible top assembly. Good condition

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Fully restored 1963 through 1967 factory hardtop restored by Nabers Brothers back years ago and has been in the crate ever since; uncrated just this week. This was restored specifically for 1966 Nassau blue 427 convertible. Very hard to duplicate and very expensive to restore. On sale this week for $5000!


Auctions

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4,300-Mile 2017 Grand Sport Coupe 3LT Z07
5k-Mile 2004 Z06 Commemorative Edition
561-Mile 1993 ZR1 40th Anniversary Coupe

 

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More Coming Soon

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More Coming Soon

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More Coming Soon

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Cars on eBay at Auction Pricing

1958 Imperial Maroon Jaguar XK150 Drophead
1965 Rally Red 396 Convertible
1969 Fathom Green L71 427/435HP Coupe
1969 Matador Red COPO Chevelle Hardtop

2004 LeMans Blue Commemorative Edition ZO6
2003 Pewter Hummer With Super Low Miles
2008 Black Factory Indy 500 Pace Car
2016 Chevrolet Corvette Z06 3LZ


Comic of the Week

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