First 2014 Corvette Stingray Convertible Sells for $1M

Palm Beach auction brings big money for charity

   

corvette C7 300x225 First 2014 Corvette Stingray Convertible Sells for $1MThe very first Chevrolet 2014 Corvette Stingray Convertible has sold for more than $1 million.

The car — the first actual production model — was sold at the Barrett-Jackson auction in Palm Beach, Fla., the Los Angeles Times reports.

The buyer was auto dealer and NASCAR team owner Rick Hendrick. He earlier paid $1.1 million for the coupe version of the vehicle.

Hendrick will be waiting for delivery on both, however. Production of both versions of the car doesn’t start until late this summer.

Proceeds from the latest sale will benefit the Barbara Ann Karmanos Cancer Center in Detroit.

More stories about cars:


Article printed from InvestorPlace Media, http://investorplace.com/2013/04/first-2014-corvette-stingray-convertible-sells-for-1m/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.