Final front-engine Corvette sells for $2.7 Million
Nick is a freelance automotive journalist based in New York, and has written for the likes of the New York Times, Road & Track, Car & Driver and the New York Daily News.
When the black-on-red 2019 Corvette Z06 hit one million dollars, I figured there were only seconds left to grab photos and a short video before the bidding hammer fell. The car I was standing alongside, a two-passenger American muscle machine with 650-horsepower under its massive hood, would normally exit dealership's door for less than $100,000.
Held at the Barrett-Jackson Northeast auto auction at the Mohegan Sun casino resort in Connecticut, this black Corvette had a place of honor among some pretty incredible machinery. Despite the enormous crowd – filled with bid-happy attendees, with a massive American flag hanging overhead – I wondered how much further this 'Vette could really go?
Several high-octane-fueled minutes later, that Corvette Z06 hit a price to make Ferrari and Bugatti owners blush. $2.7 million dollars! No matter where you live and your preferred currency conversion, that's a ton of money.
Yet, that was the dramatic price paid by one anonymous bidder for the honor of owning the final front-engine Corvette. That's because the upcoming "C8" mid-engine model will soon break cover on July 18, at an invite-only event held in Orange County, California. (Yours truly will be there, too. Anyone have photo requests, or specific tee-shirt size needs?! Let me know in the comments!)
As for the C7's glorious last act, it featured plenty of cameo appearances by very seductive machinery. Being a Barrett-Jackson auction, there were plenty of hot rods and wildly-hued muscle cars from the likes of Ford, Chevrolet, Dodge and Plymouth. I'm still confused about how a customized late-model Chevy van made the show – maybe beauty was to be found somewhere within this beast?
And yes, it's a good thing I'd left the auction floor before a surprisingly handsome (and relatively affordable, considering it sold for around $30,000) deep blue Ferrari Mondial found a new home. My 1980's nostalgia budget stretches to classic Nintendo games and Casio calculator watches. Yet, I'd have been tempted, I'll admit it.
This 2019 Chevrolet Corvette Z06 didn’t simply represent the end of the road for the C7 production line. The car’s auction was in support of the Stephen Siller Tunnels to Towers charity, which customizes living situations for American veterans who’ve suffered extreme injuries while in service. The mortgage-free homes are built specifically to each veteran’s needs and capabilities.
So, while the price might have seemed an ego-driven exercise in car auction bidding, the multi-million price went towards a very good cause.
Under the hood of this last-of-its-kind Corvette is a supercharged 650-horsepower V-8. Photo: Nick Kurczewski
It also closes a chapter in American sports car history. That’s because after decades of rumors and engineering near-misses, the iconic Corvette is about to transform itself into a mid-engine sports machine.
The move is intended to keep the Corvette relevant and up to date with a wide range of rivals, including the Porsche 911, Acura NSX, and even some of today’s high-performance muscle cars. After all, when a Dodge Challenger Hellcat is churning out upwards of 700 horsepower, you need to do something special to stand out from the crowd.
What's it like to be onstage alongside a $2.7-million Corvette? Watch and find out! Video: Nick Kurczewski