HomeAuto Shows2020 Chevrolet Corvette C8: First-Ever Produced Sells at Auction for $3 Million...

2020 Chevrolet Corvette C8: First-Ever Produced Sells at Auction for $3 Million USD

The much-praised and contentious Chevrolet Corvette has begun its life cycle in the automotive world, and its significant highlight befittingly involves the very first ever C8 made.

On January 19, Barrett-Jackson auctions of Scottsdale welcomed the first-ever produced Chevy Corvette C8 — demonstrated with VIN ending in 001 in the beginning price of $200,000 but quickly climbed in heart-pounding periods until it hammered $3 million, a jaw-dropping 50 times its retail price of $59,995. While first-generation vehicles are much auctioned to collectors and firms, the purchaser Rick Hendrick collector and owner of NASCAR group Hendrick Motorsports — purchased the rare car for of the proceeds benefitting the Detroit Children’s’ Fund with intentions. And though the car revealed at the auction was a representative, the true car to be constructed as VIN 001 will include the Z51 performance package and arrive at black with unique GT2 seats.

 

The anticipated 2020 Chevrolet Corvette is starting to reach the hands of reviewers and critics have touted it for its move to a mid-engined layout for the very first time in its lineage. The base car includes a 6.2-liter LT2 V8 engine that produces 490-495 horsepower  based upon the Z51 package or without — and pushes all its power to the trunk. In comparison to the predecessor, the car is expected to reach 0-60 days of 2.8 seconds.

 

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