The 3 million dollar Corvette was bought by American businessman and investor Rick Hendrick, owner of Hendrick Motorsports and the Hendrick Automotive Group, at the Barrett-Jackson auction in Scottsdale, AZ in January of 2020.
The high-end car was a one-of-a-kind version of the 1977 Chevrolet Corvette- a nod to the original C3 generation design. It was dubbed “The Real McCoy,” a reference to its all-original, highly-desirable documentation and features.
A custom airbrush design of flames and Wings along the side panels added to the car’s uniqueness and premium nature.
The car had only 11 miles on the odometer when it sold at the auction, and included a host of other features such as the L82 350 cubic-inch V8 engine, silver-powder-coated wheels and a highly functional Hurst T-top/roof panel.
Although the car was only offered for bidding a few months ago, it’s estimated to have appreciated in value since then, as car fanaticism continues to grow.
Table of Contents
How much is the cheapest Corvette?
The cheapest Corvette you can purchase is the 2020 Corvette Stingray Coupe 1LT. This base model has an MSRP of $59,995 and includes 8-way power-adjustable heated GT1 bucket seats, HD rear vision camera, 8-inch diagonal color touchscreen display with Chevrolet Infotainment 3 system, and more.
This model also has two engine options to choose from – the 6. 2L V8 engine paired with the eight-speed paddle-shift automatic transmission and the 6. 2L V8 engine with the seven-speed manual transmission.
If you’re looking for a more economical option, you can also opt for the Corvette Stingray Convertible 1LT with a starting MSRP of $67,495 and enjoy the added bonus of open-air driving.
What is the lowest price for a Corvette?
The lowest price of a Corvette currently available on the market is the 2019 Chevrolet Corvette Stingray Coupe at $56,590. This is the entry-level trim of the car, and it is equipped with a 6. 2-liter V8 engine with 455 horsepower, an 8-speed automatic transmission, and an impressive list of standard features, such as driver-assistance and advanced safety features, a 7-inch touchscreen infotainment system with Apple CarPlay and Android Auto capability, and an 8-way power driver’s seat.
Depending on the model, other features may include performance upgrades, such as an active exhaust system, magnetic ride control, and Brembo brakes. Prices can vary depending on the trim level and region, but generally speaking, the 2019 Chevrolet Corvette Stingray Coupe is the lowest base price available.
Are Corvettes cheap?
No, Corvettes are not generally considered to be cheap. The prices of Corvettes have increased significantly in recent years, with certain models now selling for well over $100,000. Depending on the model, Corvettes can cost anywhere from $50,000 to over $120,000.
These cars also tend to require a lot of maintenance and care, so you should also prepare to spend additional funds to keep the vehicle in proper condition.
What year of Corvette is the rarest?
The year of Corvette which is considered to be the rarest is the 1969 Corvette. In total, only 16,633 were produced, making them quite unique and hard to come by today. This is because 1969 was the beginning of the 2nd generation of Corvettes, ushering in a host of new design changes that made the cars stand apart from the rest.
These included the revolutionary Stingray body style, the first independent rear suspension, one-piece removable roofs, and a higher-performance version of Chevy’s famous small-block V-8. All these factors combined to make the 1969 Corvette one of the most sought after automobiles of its era.
As a result, it is one of the most collectible Corvettes today and its scarcity makes it the rarest.
Is A Corvette a luxury car?
No, a Corvette is not a luxury car. The Corvette is a muscle car, and it’s typically known for its performance rather than luxury amenities. The Corvette is typically about high performance and fast speeds, with a motor that the automaker Chevy boasts is comparable to that of much pricier European sports cars.
Chevy does offer some luxury options in their higher-end Corvettes, such as leather-trimmed seats, high-tech audio systems, and a variety of color and trim choices. However, these amenities are not standard with most Corvettes, so they do not make the car a luxury vehicle.
- First Mid-Engine Chevy Corvette Sold for $3 Million at Auction
- 2023 Chevy Corvette Z06 gets $3.6 million at Barrett-Jackson …
- First 2023 Chevy Corvette Z06 Sells For $3.6 Million At Auction
- [VIDEO] Rick Hendrick Wins First Retail 2023 Corvette Z06 for …
- First 2023 Chevy Corvette Z06 Fetches $3.6 Million At Auction