Million Dollar Vette?
#1
Million Dollar Vette?
67 L88 Vette coming up @ Mecum. I don't know if there have been any million dollar babies but this one looks probable.
http://www.mecum.com/auctions/lot_de...=DA0913-165417
http://www.mecum.com/auctions/lot_de...=DA0913-165417
#2
"Elmer bought the car to race; he made his first pass with the new car fresh out of the box at Puyallup Dragway in Puyallup, WA, running a scorching 11.47 with the sole additions of exhaust headers and 7-inch slicks. That set the tone for the car’s extensive drag racing career, which first made headlines when it captured the A/Sports class win at the 1967 Indy Nationals. Elmer ultimately ran a best of 11.12 at 127.45 MPH, but soon after his Indy win he damaged both the transmission and the rear end, only to have his warranty claim rejected when he showed up at the dealership with the car in full competition trim, including sponsorship decals and elapsed time stickers on the windows!"
Do tell? Trashed car isn't warrantied if used for racing?
Huh...
Do tell? Trashed car isn't warrantied if used for racing?
Huh...
#5
#7
#9
"Elmer bought the car to race; he made his first pass with the new car fresh out of the box at Puyallup Dragway in Puyallup, WA, running a scorching 11.47 with the sole additions of exhaust headers and 7-inch slicks. That set the tone for the car’s extensive drag racing career, which first made headlines when it captured the A/Sports class win at the 1967 Indy Nationals. Elmer ultimately ran a best of 11.12 at 127.45 MPH, but soon after his Indy win he damaged both the transmission and the rear end, only to have his warranty claim rejected when he showed up at the dealership with the car in full competition trim, including sponsorship decals and elapsed time stickers on the windows!"
Do tell? Trashed car isn't warrantied if used for racing?
Huh...
Do tell? Trashed car isn't warrantied if used for racing?
Huh...
The above's a statement and not a question...right?
#12
$3.2m for a car that has been hammered, and the hammering is part of its history?.
I wonder how many other cars have sold for that kind of money, surely that must be somewhere in a top 100 list of auction prices.
A lot of people must have wanted it real bad!.
Roger.
I wonder how many other cars have sold for that kind of money, surely that must be somewhere in a top 100 list of auction prices.
A lot of people must have wanted it real bad!.
Roger.
#14
A 67 L88 is the Holy Grail of Corvettes. This one has a great paper trail and was restored by the best in the business. If I were extremely rich, I would have paid that much for it.
#17
#18
How many seven figure cars have there been?,
I dare say there have been a few previously owned by celebrities, or exotics such as limited production Ferraris, Rolls Royces, Dusenburgs and the like.
But you didn't have to be a multi millionaire to buy an L 88 in 1967. OK, you needed to have some money to make such a purchase, out of reach to regular working stiffs perhaps, but by no means just a dream to the thousands who could buy a Cadillac at the time for example.
I can see the cars provenance and its #1 restoration makes it very special, however it seems a helluva lot for any car.
But I'm not a mega rich collector, I recall watching some Barrett-Jackson auctions some time back where cars were going for fantastic prices. It struck me some of the buyers were showing off that they could pay stupendous sums for a car.
Maybe these days are returning?.
Roger.
I dare say there have been a few previously owned by celebrities, or exotics such as limited production Ferraris, Rolls Royces, Dusenburgs and the like.
But you didn't have to be a multi millionaire to buy an L 88 in 1967. OK, you needed to have some money to make such a purchase, out of reach to regular working stiffs perhaps, but by no means just a dream to the thousands who could buy a Cadillac at the time for example.
I can see the cars provenance and its #1 restoration makes it very special, however it seems a helluva lot for any car.
But I'm not a mega rich collector, I recall watching some Barrett-Jackson auctions some time back where cars were going for fantastic prices. It struck me some of the buyers were showing off that they could pay stupendous sums for a car.
Maybe these days are returning?.
Roger.
#19
Heck 40-50 years ago a regular could buy a musclecar with just a regular job, they were affordable, now, a Camaro SS, a Mustang GT, at prices that are $35,000 plus, do not make them an easy purchase. Of course that could be applied to trucks as well.
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