AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
The first ever 2013 Chevrolet Corvette 427 Convertible went for a hot $600,000 at the 2012 Barrett-Jackson auction. Sporting VIN #001, the convertible sports car was sold to Ron Pratte, a multi-millionaire who made his fortunes from wood framing and concrete foundations.
When the ‘Vette first hit the auction block, it caused a bidding frenzy quickly jumping up to over $200,000 when things started to die down. Then Jeff Gordon decided to make it more enticing by adding in his own racing suit and a VIP trip to the 2012 Daytona 500. The final $600,000 sale price wasn’t even the best part, as Eddie Vannoy added another $100,000 donation to the price of the car, which is going towards the AARP Drive for Hunger charity.
The Corvette 427 features an LS7 engine from the Z06 with 505-hp and 470 lb-ft of torque. It’s the most powerful engine ever placed into a Corvette convertible. It’s also outfitted with several carbon fiber pieces in order to save some pounds, with the convertible weighing in at 3,555-lbs. Its 0-60 mph time is a scant 3.8-seconds while it can clock the quarter mile in just 11.8-seconds.