Last Corvette C7 Sells For $2.7 Million, Proceeds To Benefit Veterans0
With the imminent reveal of the mid-engine Corvette C8 in just a few short weeks, the current Chevrolet Corvette C7 isn’t getting as much love as it probably should. Or at least that’s what we were thinking until we learned that the last-produced example of the current-generation Vette just sold for $2.7 million at auction.
The Chevrolet Corvette in question is a black Z06 model with a red interior. It managed to command that tidy sum at the Barrett-Jackson Northeast Auction at Mohegan Sun earlier this week, breaking the Barrett-Jackson record for a vehicle donated by an automaker.
The proceeds will go to benefit the Stephen Siller Tunnel to Towers Foundation, which constructs mortgage-free smart homes for catastrophically injured service members. The foundation also works to pay off the mortgages for families of first responders killed in the line of duty.
“This is going to vibrate across America,” said the chairman and CEO of the Stephen Siller Foundation, Frank Siller. “This donation will build at least five homes for our catastrophically injured veterans to give them their independence and a better quality of life.”
Thus far, the organization has constructed, or is in the process of constructing, some 85 homes. You can find more information on the foundation at www.tunnel2towers.org.
“It’s appropriate that the most iconic vehicle ever built in the U.S., has the honor of being the highest auctioned vehicle at Barrett-Jackson for a charity. What makes me proud to be a GM employee is that fact that we’ve supported the military and veterans for over 100 years,” said GM U.S. Vice President of Sales, Service and Marketing, Steve Hill. “This is a great evening, but tomorrow morning we get back to work to help more service members in need.”
It’s great to see GM continue its involvement with such important charity work. It’s also impressive that the last-produced Chevrolet Corvette C7 was able to command such a high price. That said, it isn’t terribly surprising considering this particular Z06 may be the last front-engine Corvette ever.
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