The First Chevy C8 Corvette Fetches $3 Million At Auction

A lucky bidder got their hands on the first-ever VIN #001 C8 Corvette at the Barrett-Jackson Scottsdale, AZ auction. Chevrolet just auctioned off the very first mid-engined C8 Corvette at a record-breaking price – $3 million! This is considerably more than the base price of $59,995 on the C8 and even beats out the $2.7 million brought in by the last production C7 at Barrett-Jackson.

The winning bidder will receive not only the first retail production Vin #001 of the all-new 2020 C8 Corvette Coupe but the first-ever mid-engine Corvette!

The car shown and crossing the auction block is representative of the actual vehicle the winning bidder will receive, which will be a black-on-black Corvette 3LT loaded with every available option, scheduled to be built during the first quarter of 2020.

The C8 delivers 495hp and 470 ft/lbs of torque, making it the most powerful production Stingray ever. This Corvette is powered by the all-new 8-cylinder, 6.2-liter LT2 V8 engine and is backed by an 8-speed dual-clutch automatic transmission. The vehicle will include the 3LT package, black exterior, black seats with red trim, red seat belts, GT2 seats, removable roof panel, rear spoiler, Performance Data Recorder, and the Z51 package.

The winning bidder will have the option of taking delivery of this special vehicle at the Corvette plant in Bowling Green, KY, with a hosted tour of the Corvette Museum.

The car also will come with a Letter of Authenticity and some unique artwork. The entire hammer price of this sale will benefit the Detroit Children’s Fund – a non-profit organization that makes targeted investments to grow the number of quality schools in Detroit.