History/News/Commentary from K. Scott Teeters

Corvette Auctions


One-of-a-Kind 1965 Cut-Away, Animated Corvette Fuel Injected Coupe Sells for $1,000,000!!! – 2 VIDEOS

Barrett-Jackson buyers were in a BUYER’S MOOD and ran the bid up to $1,000,000 for the 1965 Cut-Away Corvette Coupe!!!

Dateline: 1.20.18 Image Barrett-JacksonAnytime a car auction hits the million dollar mark, it’s a thrill. Thirteen years ago this unique cut-away 1965 Corvette Coupe sold for $640,000 – a BIG number in 2005. But we sure do love round numbers that are BIG.

Be sure to check out not only that hot auction video above, but the demonstration video below Continue reading


2018 Carbon 65 Z06 Corvette #001 Sells for $1,400,000!!! – VIDEO

Jay Leno, former President George W. Bush, and 2018 Carbon 65 Z06 #001 help raise $1,400,000 for our wounded warriors!!!

Dateline: 1.20.182018 Carbon 65 Special Edition Z06 raked in an astonishing $1,400,000 at the Barrett-Jackson Scottsdale Auction tonight! Star Power played a heavy roll because not only was former Tonight Show Jay Lenno (and host of Jay Leno’s Garage) on hand, but former President of the United States, George W. Bush, both helped lift this unique Corvette WAY over the million dollar mark.

A short video played before the auction showed President Bush (slowly) driving the 650-horsepower Corvette on his ranch. He joked that it was the first time he’d driven a car since 1992!

Jay explained that one hundred percent of the proceeds of the sale will go to the Bush Initiative to help our wounded warriors. Continue reading


Corvette Odd-Ball – 1958 Fiberfab “Centurion” Sells at Barrett-Jackson Scottsdale Auction for $91,000! – 2 VIDEOS

One-of-six Fiberfab Centurion (1959 Stingray Racer), fully-functional, period-correct kit cars – sells for $91,000!

Dateline: 1.19.18, Images Barrett-Jackson – The “build your own car” trend was HOT in the 1960s. Most were never finished and many were badly completed. What is arguably one of the nicest-finished kit cars ever, SOLD today for an impressive $91,000! Bidding was brisk and the auctioneer really worked the car. Check out the above video.

What is surprising to me is that according to the auctioneer, the car is eligible for the Monterrey Historic Races events! How about that?

Below is a video about the real 1959 Stingray Racer.
Continue reading


1969 Baldwin-Motion Phase-III GT Corvette SOLD for $95,000! – VIDEO

A genuine Corvette supercar, a Baldwin-Motion Phase-III GT Corvette has a new home!

Dateline: 1.12.18, Image – Mecum Auction – One of the 10 Baldwin-Motion Phase-III GT Corvettes went “On The Block” today at the 2018 Mecum Kissimmee Auction. This was the only Phase-III GT Corvette built with the Shelby Mustang-style B-pillar scoops. The car was also featured many times in Marty Schorr’s “Hi-Performance CARS Magazine”, as well as “Corvette Fever” and “Chevy Rumble”.

Back in the day, this was a SUPER expensive custom car. In 1969 a fully-loaded 427/435 Corvette cost just over $6,000 – as much as a Cadillac! A Phase-III-GT could easily cost over $12,000! Continue reading


HOT Corvette Auction Action Starting TODAY!

Several very interesting and unique Corvettes will be ON THE BLOCK at the Mecum Kissimmee and Barrett-Jackson Scottsdale Auctions over the next few weeks.

Dateline: 1.5.18, Images: Vette Vues, GM Archives, Mecum Auctions and Barrett-Jackson Auctions – “Auctions”, be they car or even farm auctions, are a lot of fun because it is the best example of “The Marketplace”. Things sell based on what people are willing to pay and not what sellers think something is worth. If a vehicle has a Reserve that isn’t met, that means that the Seller’s notion of the car’s value isn’t in alignment with the Market. If a vehicle has No Reserve, the Market will determine the vehicle’s value.

Bidding Wars and Feeding Frenzies can wildly drive prices up, making an auction a lot of fun to watch. On the other hand, excellent vehicles are often “Well Bought” at very good prices for a variety of reasons; rough condition, poor presentation, high production numbers, and cars that are just plane weird!

Two major car auctions are upon us with some very interesting and unique Corvettes that may or may not find new owners. The Mecum Kissimmee Auction starts today, January 5, 2018 and runs to January 14, 2018. The Barrett-Jackson Scottsdale Auction starts January 13, 2018 and runs to January 21, 2018

Of interest to Corvette and Chevy fans are the following cars;

January 12, 2018 – Mecum Kissimmee, 1969 Baldwin-Motion Phase-III GT Corvette. Lot F139


Continue reading


1965 Cut-Away Corvette Sting Ray Show Car Hits the Barrett-Jackson Scottsdale Auction Block

A unique piece of Corvette history, the 1965 Fuel Injected Corvette Sting Ray Coupe Cut-Away car, could be YOURS! – VIDEO below!

Dateline: 1.1.18, Images from Barrett-Jackson – HAPPY NEW YEAR!!!

I love cut-away cars, they’re just so cool! The concept has been around at least since the 1930S and possible before that. Kevin Mackay, owner of Corvette Repair on Long Island, New York has made himself quite a reputation for his independently-produced cut-away Corvettes. We have covered most of Kevin’s cut-away Corvettes here on CorvetteReport.com.

But it is unusual when a factory cut-away hits the auction block, meaning that a private citizen will get a chance to own a unique piece of Corvette history. The 1965 Fuel Injected Corvette Sting Ray Coupe Cut-Away car will go on the block at the 2018 Barrett-Jackson Scottsdale Auction, January 13-21, 2018. The Lot number is, Continue reading


Own a Piece of Corvette History! 1988 ZR-1 Corvette Prototype Up For Auction!

Rare Corvette Engineering Prototype Goes ON THE BLOCK at Mecum Kissimmee 2018 Auction, January 5 – 14 – Lot 165

Car auctions are a lot of fun because you never know how much or how little any given car is going to sell for. The exception being rare Ferraris, Cobras, and anything owned by Steve McQueen – they always sell for A LOT! Corvettes are especially unpredictable. Several years ago the John Greenwood Sebring ’74 IMSA Corvette (the Batmobile) was a NO SALE. In 2016 the very first C7 2017 Grand Sport Corvette to roll off the assemble line sold for only $170,000. Many, including me, thought that the car would go for a lot more, as previous “first off the assembly line” Corvettes have sold for big bucks. A lot of it has to do with the mood of the economy. So, we never know and predictions are often way off.

Next month at the Mecum Kissimmee Auction, January 5 – 14, a truly rare ZR-1 Corvette will hit the auction block. The Lot Number is, S165. When the ZR-1 finally came out as a 1990 Corvette is was a very big deal. This was truly an exotic Corvette with its Lotus DOHC all-aluminum engine and wide body. Tommy Morrison’s race-prepared, but stock, ZR-1 shattered speed endurance records, thus legitimately giving the ZR-1 the nickname, “King of the Hill.”

To see the BIG version of the ZR-1 prototype’s Build Sheet, CLICK THE ABOVE IMAGE.

Engineering prototypes and mule Corvettes are typically stripped of their good parts and then sent to the crusher; a terrible fate. But sometimes, a few are saved. According to Mecum, the ZR-1 that will be auctioned off next month is one-of-two “known” C4 ZR-1 prototypes; 25 prototypes were build in July 1987. Continue reading


Corvette Odd-Ball – 1965 Fiberfab “Centurion” Goes On the Block January 2018

Barrett-Jackson 2018 Scottsdale Auction will auction off one-of-six Fiberfab Centurion (1959 Stingray Racer), fully-functional, period-correct kit cars – NO RESERVE!

Dateline: 12.15.18 (Images: Barrett-Jackson.com) – Back in the 1960s the built-it-yourself “kit car” craze exploded with all kinds of interesting poser cars that used contemporary chassis, engine, drive train, and suspensions. Fiberglass was the carbon fiber of the day, so all kit cars had fiberglass bodies. Ads for kit cars were always in the back of Hot Rod, Car Craft, Road & Track, and most car magazines, and were a lot of fun to daydream about. And they had cool names, such as; Aztec, the Jamaican, Valkyrie, Vagabond, Banshee, and for Corvette lovers, the Centurion.

The Fiberfab Company had a whole series of sports car style bodies that looked very close to Ford GT40s and Ferrari Daytonas. The trouble with kit cars was that most were never completed, stalling out when it came to the electrical wiring part of the project. The body that the customer got typically required a lot of finish work, so most kit cars turned out not so good and many were never finished. Continue reading


2017 Grand Sport Corvette #001 Auctions Off at Barrett-Jackson Palm Beach Auction, for ONLY $170,000

AMAZING! The fully loaded, first C7 Grand Sport Corvette goes for only $170,000!

Dateline – 4-8.16: This is arguably the collectible Corvette buy of the decade.

Here are the details:

Lot #3003 – The winning bidder will receive the first retail production 2017 Corvette Grand Sport Collector Edition VIN #001.

2017-Grand-Sport2017-Grand-Sport-2

The latest member of the Corvette lineup, the 2017 Grand Sport carries on the racing spirit of the original 1963 model, combining the power of the legendary LT1 6.2-liter engine with a Continue reading


C4 Grand Sport Coupe & Convertible On Block at Mecum Anaheim – TWO VIDEOS

by Scott Teeters, Editor of Corvette Report
Sellers disappointed when reserves not met.

1996-Grand-Sport-1-7

Dateline 11.23.15: The 1996 Grand Sport was the sixth Special Edition Corvette and did more to bring the moniker “Grand Sport” back into the consciousness of the Corvette community than anything else. Prior to 1996, it was mostly Corvette racing fans that knew what a “Grand Sport Corvette” really was – Zora Arkus-Duntov’s lightweight Cobra killer that he envisioned being offered in every Chevrolet dealership in America. It was a noble concept, but even Chevrolet General Manager Semon “Bunkie” Knudsen couldn’t get a special exemption from GM’s management to allow the Chevrolet build and sell Corvette race cars. (I know, it’s a bummer, man!)

As the original 1963 Grand Sport racers faded into the collective memory of motorsports, the legend turned into a myth, until slowly but surely, Continue reading


“Purple People Eater” 1959 Corvette road racer to cross the block in Scottsdale

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1959 Chevrolet Corvette, the Purple People Eater Mk III. Photos courtesy Barrett-Jackson.

by David Conwill as republished from blog.Hemmings.com

Dateline October 2015: When Nickey Chevrolet of Chicago decided to sponsor a road racing Corvette in 1958, it wanted to make sure its advertising dollars were getting their maximum return. Accordingly, the dealership decided that to make its car stand out in a sea of white, silver, and light-blue ‘Vettes, something special was required in the paint department. Likely inspired by Sheb Wooley’s hit novelty song, the distinctive metallic purple paint job would result in the car and its two successors bearing the nickname “Purple People Eater.” Next January, the last of these cars, the 1959 Chevrolet Corvette Purple People Eater Mk. III, will cross the auction block in Scottsdale, Arizona. Continue reading


2016 Special Edition C7.R Z06 Corvette #001 Sells for $500,000

Dateline: October 2015.  Written, recorded and produced for YouTube by Corvette Report Editor,  Scott Teeters.

Another “First” Corvette brings in the BIG BUCKS

Barrett-Jackson knows how to put on a show. The roster for the 3 day auction fest in Vegas was packed with beauties… and the girls were nice too. But seriously folks, the car and truck eye candy was a treat and #001 2016 Special Edition C7.R Z06 Corvette was saved for later on the last day. With “first and last” cars becoming highly collectible in the Corvette community and with so many models and special editions having been produced, we’ll no doubt see many more of these. Continue reading


2016 Special Edition C7.R Z06 Corvette #001 Sells for $500,000 at Barrett-Jackson Las Vegas Auction!

The “First” 2016 C7.R Z06 Corvette #001 brings in the BIG BUCKS – Video2016-Chevrolet-Corvette-Z06-C7R-Edition-2A

Dateline: 9.26.15 – Barrett-Jackson knows how to put on a show. The roster for the 3 day auction fest in Vegas was packed with beauties… and the girls were nice too. But seriously folks, the car and truck eye candy was a treat and #001 2016 Special Edition C7.R Z06 Corvette was saved for later on the last day. With “first and last” cars becoming highly collectible in the Corvette community and with so many models and special editions having been produced, we’ll no doubt see many more of these.

Ever since 1999 when the first all-out, factory-backed, long-term Corvette racing team unleashed the C5-R, adding the suffix “R” after the generation designates “racer.” So far we have the C5-R, C6.R, and the current C7.R. Continue reading


What’a STEAL! 1991 Callaway ZR-1 Corvette Sells for $28,000!

1991 Callaway Supernatural 550 Well Bought at Barrett-Jackson Las Vegas Auction 9-25-15 – Video

1991-Callaway-ZR-1-1

Dateline: 9-25-15 – Car auctions are a ton of fun! I mean it doesn’t take long and the sing-song of the auctioneer starts to have a happy sound. But not as happy as seeing someone getting an awesome deal on a stunning Corvette.

In 1991 the ZR-1 was the “Corvette to die for!” Everything was SO exotic, it’s too bad Chevrolet played it outrageously safe with the body styling that looks almost exactly like a regular Corvette. On well, ZR-1s are still beauties and the only way it could get better was to have Callaway Engineering do their thing on top of what was already Corvette’s flagship model. Continue reading

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