Tuesday, April 9, 2013

First 2014 Chevrolet Corvette Stingray sold for $1.1 million to Rick Hendrick in Scottsdale auction


How much is it worth being the first owner of a 2014 Chevrolet Corvette Stingray? Apparently $1.1 million.

NASCAR team owner Rick Hendrick paid the hefty sum at the Barrett-Jackson automotive auction in Scottsdale, Ariz. over the weekend. For further bragging rights, the car boasts a vehicle identification number (VIN) ending in 0001.

The price paid by Hendrick is about 20 times the Corvette's expected $55,000 starting price when it hits dealers’ lots later this year. Proceeds from the auction will go to the College for Creative Studies

Unveiled at the 2013 Detroit auto show, the 2014 Corvette marks the iconic automotive brand’s 60th anniversary.

Redesigned from the ground up, the 2014 model uses carbon fiber on the roof, hood, and underbody to reduce weight. The new ‘Vette’s direct-injection, 450 horsepower V-8 offers a top speed of over 190mph, while allowing for efficient driving with cylinder deactivation.

Recently on display at the 2013 New York International Auto Show, the Corvette as well as a convertible model are expected to go on sale in the third quarter of this year.

Hendrick may be the first owner of the latest model, but he doesn’t get to roll away in the car yet. The $1.1 million Corvette will be delivered after production begins later this year at the Bowling Green Assembly Plant in Kentucky.

Source: NY Daily News

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