WOW 1st Corvette sells for MUCH more than 1st Gen 5 Viper!
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NO HEMI
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in 2 years will be worth about 35,000.... or about 1,015,000 less......
ViperSmith
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And? What does this matter?
Tax write offs for rich people, big deal.
Tax write offs for rich people, big deal.
HobokenViper
Enthusiast
Only rational explanation I can make for this is that there are many more Corvettes produced and sold per year and also many more Corvette guys out there as well. Just look at the MT poll between the C7, Gen V, and new Carrera and see how many people voted for the new C7 over the other two options..... Whenever you have something that has a much larger fan base, there are more bidders and more people willing to throw down stupid amounts of money to get what they think is the most collectible car and first model produced of the next generation of their favorite car. It's really that simple in my opinion.
Don't you get the feeling there are a lot of games played at B-J ?????
Makara
Viper Owner
Every time the viper loses at something, there is a conspiracy behind it.
Jerome Sparich
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The Vette was being sold with $ going to charity. Rick Hendrick gives big $$ to charities, so no surprise here.
Was the $ from the Viper going to charity? Not if IIRC.
Was the $ from the Viper going to charity? Not if IIRC.
Makara
Viper Owner
It was auctioned off to the Austin Hatcher Foundation which provides assistance to children with cancer.
I Bin Therbefor
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Mr. Hendrick, who is a very successful automobile dealer and owner of a very successful racing team, always buys the first. IMO, he utilizes this purchase as a tax charity deduction from his income tax. Also, he, the auction and Corvette get lots of press from such a purchase. Mr. Hendrick will be appearing on a major network TV show on Monday. If you have any experience with auctions and watched this one, you noticed how quickly the bid ran up and how abruptly it was closed after the $1 million mark and Mr. Hendrick held the last bid. The only other way to get a bid of this magnitude is for a very wealthy person such as Jay Leno to do the same i.e. use the opportunity for a charity deduction. One of the major Viper dealers would have been the only possibility for such a bid on the initial Viper. Or Roger Pensky, but Mr. Pensky no longer races Dodges so Ford would have been upset had he done so.
IMO, the auction was real in the sense that money did change hands, the charity did receive their money, the auctioneers were paid, and the income taxes will be reduced. There is nothing illegal or immoral about what happend. If you wanted to bid against Mr. Hendricks you would have been free to do so. You are also free to speculate as to how legimate the other bidders were acting. Did they really intend to buy the car or were they acting with Mr. Hendrick to make sure the purchase price was above $1 million.
Lastly, auctions are a world that is best not entered by the uninformed. The only thing that is a sure thing is that the auctioneers will be paid and the taxes will be honored.
IMO, the auction was real in the sense that money did change hands, the charity did receive their money, the auctioneers were paid, and the income taxes will be reduced. There is nothing illegal or immoral about what happend. If you wanted to bid against Mr. Hendricks you would have been free to do so. You are also free to speculate as to how legimate the other bidders were acting. Did they really intend to buy the car or were they acting with Mr. Hendrick to make sure the purchase price was above $1 million.
Lastly, auctions are a world that is best not entered by the uninformed. The only thing that is a sure thing is that the auctioneers will be paid and the taxes will be honored.
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Jerome Sparich
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I guess the gold chain wearing Vette owners either have more $ or care more about charities.....or both.
Jerome Sparich
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If you are going to write a book about him, at the very least get his last name spelled correctly.
Hendrick..........no "s" at the end.
Hendrick..........no "s" at the end.
I Bin Therbefor
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Thanks for the correction
Fatboy 18
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Personally I think this is great news, well done to the buyer, Great news for the kids charity.
I agree......I have noticed that when a vehicle goes up for auction and it is for a charity......The bids get silly.....(Not to long ago a charity vehicle sold for big money like that and when the bidding was over, some man in the audience stood up and said.....I will match that bid for the charity......That man got nothing. the guy that won the bid atleast got the car and alot of times when they win a car for charity the winning bidder even gives the car back to Barrett Jackson for future charity bidding......
Had it been the other way around and the Viper was the charity bid and the Vette not, perhaps it would have been the Viper got the silly money and the Vette alot less........
Now this is ONLY my observation so please don't make a big deal about it as me being biased to the Viper. Oh, yes, thats right I am biased to the Viper.......forgive me.....and the bid goes on........
Had it been the other way around and the Viper was the charity bid and the Vette not, perhaps it would have been the Viper got the silly money and the Vette alot less........
Now this is ONLY my observation so please don't make a big deal about it as me being biased to the Viper. Oh, yes, thats right I am biased to the Viper.......forgive me.....and the bid goes on........
TrackAire
Enthusiast
Damn, that new Vette looks even better than the earlier photos showed....even the rear end.
I wonder if BJ takes a commission on charity vehicles?
George
I wonder if BJ takes a commission on charity vehicles?
George
Hendrick bought two Vettes in a row for a million or more. The first was not for charity. They mentioned something about him having the best Corvette collection in the world. Don't know about the validity of that but man that is some big money.
Makara
Viper Owner
There isn't another way around. The C7 vette brought in over a million dollars with a charity bid and the viper brought 300k, also with a charity bid.
Makara
Viper Owner
The ZR1 auction went to the United Way which is considered a charity.
I didn't know that......then who knows why people with hugh bank accounts throw their money away on foolish things...... 
another loss for viper...lol
BlackSnake99
Enthusiast
C7 looked great last night. I don't think the price comparison means much. The bidding was also partially driven by the $4.2 million dollar sale of the Batmobile immediately before.
Let's face it..VETTES have been around way longer than VIPER so there are way more fans and a deeper pool to draw owners (in this case BIDDERS) from...
Congrats to them and their charity.
Congrats to them and their charity.
Allan
Enthusiast
A customer of mine stopped in Friday, just got back from the auction (he's an older retired guy with nothing to do) He just went as a spectator. -something about his bucket list. Anyway, he described the organization as, "they sure know how to make money".
No biggie. The Vette is a mass produced sports car that has been out over 50 years. They were around when they're weren't a lot of options. Generation after generation has owned them. Of course it's gonna outsell the Viper. To expect anything else is ridiculous.
JAY
Enthusiast
Vettes are Nice , But Vipers Stand out when your at car shows .
Boxer12
Enthusiast
The Vette has been around for 50 years and its historical significance is established in many ways, not the least of which is its racing pedigree (which far outweighs the Viper). The number of Vette museums should make it clear. Who knows if the Viper will be around in 50 years? That is the beauty of Ferrari, Mercedes, etc...they have historical significance. The Viper is till the younger cousin...which may or may not be a flash in the pan. If the Viper lasts 50 years, then maybe it will rise to this level of support. This is also just the 7th redo of the Vette in 50 years, just the 7th #1 Vette ever built. Viper is on Gen 5 in under 20 yrs. That also plays in the 'collectibility' factors..not to mention a #1 of the most popular car of all time has got to be a major factor. In the world of collecting, think of a #1 Superman comic versus a #1 Green Lantern. Green Lantern might be a better comic, but demand is for the popular item. Just my 2c.
Voodoo Rob
Enthusiast
I agree with Boxer 12 on all points made in his post about why it sold for what it sold for. It comes down to Viper as it was previous and today is a niche of a niche car. Corvette leads the niche , like it or not. Off topic, the amount of Gen Vipers is something I have always wondered about. Honestly there is a case for saying the Viper is on its 3rd Gen and even then an argument can be made ( really pushing it) that we are still on Gen 2 with the current car.
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