All proceeds will benefit the Stephen Siller Tunnel to Towers Foundation.
Motoring fans around the world are eagerly awaiting the arrival of the new C8 Chevrolet Corvette. For the first time in the long history of the storied moniker, the engine will not be in front of the driver, but mounted midship to take on mid-engined supercars from around the world. As such, there’s currently a rather large inventory of unsold C7 Corvettes in America as buyers wait for the new model. However, we don’t expect this particular C7 will have trouble finding a buyer. That’s because it’s the last C7 – and the last front-engined Corvette Chevrolet will build. Naturally, then, it’s headed to Barrett-Jackson where it will be auctioned off for charity at the end of June.
The End Of An Era:
What does the final C7 Corvette have to offer? It’s a black Z06, which means a supercharged 6.2-liter LT4 V8 is under the hood, generating 650 horsepower (485 kilowatts) that goes rearward through a good-old seven-speed manual transmission. The car is also spec’d up with the 3LZ trim package that includes lots of leather, a performance data recorder, and extra tech such as navigation, Android Auto, and Apple CarPlay.
As is often the case with special Barrett-Jackson auctions like this, all proceeds from the sale will go to charity. In this case, the cash benefits the Stephen Siller Tunnel to Towers Foundation, supporting first responders and critically injured service members in the United States.
"We’re honored that General Motors chose our Northeast Auction to sell this historic Corvette in support of the vitally important Stephen Siller Tunnel to Towers Foundation,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Where one chapter ends, another begins. The sale of this final production C7 Corvette Z06 will be the opportunity of a lifetime to own a piece of automotive history. While it marks the end of an era, it also ushers in the beginning of the next generation of America’s favorite sports car.”
The Mid-Engined Corvette Is Coming:
Auctioning the first and last vehicle of a model run has become rather popular at Barrett-Jackson, and the sales often bring tremendous cash. Recently, the first 2020 Mustang Shelby GT500 sold for $1.1 million through the auction company, which was topped by the first 2020 Toyota Supra at $2.1 million. With this being the last front-engined Corvette after an unbroken 66-year run, all bets are off on what this special sports car might bring.
Barrett-Jackson and GM to Auction the Last Production
C7 Corvette to Benefit Stephen Siller Tunnel to Towers Foundation
UNCASVILLE, CONN. – May 16, 2019 - Barrett-Jackson, The World’s Greatest Collector Car Auctions, and General Motors will auction the last production C7 Chevrolet Corvette during the 4th Annual Northeast Auction, June 26-29, 2019, at Mohegan Sun in Connecticut. The last production C7 Corvette will cross the block on Friday, June 28, with 100 percent of the hammer price benefiting the Stephen Siller Tunnel to Towers Foundation, which supports the nation’s first responders and catastrophically injured service members.
“We’re honored that General Motors chose our Northeast Auction to sell this historic Corvette in support of the vitally important Stephen Siller Tunnel to Towers Foundation,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Where one chapter ends, another begins. The sale of this final production C7 Corvette Z06 will be the opportunity of a lifetime to own a piece of automotive history. While it marks the end of an era, it also ushers in the beginning of the next generation of America’s favorite sports car.”
The last C7 Corvette will be a black Z06 coupe with a 3LZ trim level to provide the ultimate sport and luxury experience. Powered by a 6.2-liter supercharged V8 producing 650 horsepower mated to a 7-speed manual transmission, this extraordinary Corvette will also feature a custom leather-wrapped interior package, Performance Data Recorder, navigation and Brembo brakes.
“Barrett-Jackson and General Motors made history when we sold the first-production C7 Stingray in 2013,” said Steve Davis, president of Barrett-Jackson. “During our Northeast Auction in June, we’ll close the chapter on the current generation Corvette with the sale of the last C7 Z06 that will be built by General Motors. I can’t think of a better way to usher in a new generation of Corvette than with the entire hammer price benefiting our nation’s bravest heroes.”
The Stephen Siller Tunnel to Towers Foundation was established in 2002 to honor the memory of Stephen Tiller, a New York City firefighter who lost his life on 9/11. The goal of the Foundation is to continue Stephen’s legacy through its programs that support our nation’s first responders and catastrophically injured military service members.
“General Motors and Chevrolet are proud to honor and support the brave men and women of our Armed Forces,” said Steve Hill, GM vice president of U.S. sales and service. “With the proceeds from the auction of this Corvette, we’ll offer additional financial support for our most severely wounded veterans through the Building For America’s Bravest program.”
Building for America’s Bravest is a program of the Stephen Siller Tunnel to Towers Foundation that builds smart homes for catastrophically injured service members returning home. Each home is custom designed to address the unique needs of each individual. Energy efficient, automated and easily accessible, these homes use "adaptive technology" to help severely injured heroes live better, more independent lives.