www.hotcars.com

The Last C7-Gen Corvette Just Sold For 2.7 Million Dollars

Final seventh generation Chevrolet Corvette auctioned for record-breaking 2.7 million dollars benefitting Stephen Siller Tunnel to Towers Foundation.

As C7 production winds to a close, the last ever C7 Corvette produced sold for a whopping $2.7 million with all proceeds going to charity.

The sun is setting on the C7 generation Corvette. It had a good run with many Z06 and Grand Sports sold, along with the ZR1 trim providing supercar performance at a very un-supercar price.

Sadly, no good car can last forever. The C7 will make way to the mid-engine C8, a car that we’re all very excited to meet in a few weeks. But that means that the C7 production will wind to a halt at its factory in Kentucky as GM gears up to begin production of the new C8.

It also means that it’s time to auction off the very last C7 ever built, which GM did at the Barrett-Jackson Northeast Auction in Connecticut last Friday. The auctioned model was a beautiful black exterior and red interior Z06 trim, which means a supercharged LT4 engine with 650 horsepower and 650 lb-ft of torque and a zero to sixty time of just 3 seconds.

RELATED: C7 Corvette Never Set A Nurburgring Time Due To 5 Years Of Bad Luck

The black C7 fetched a final selling price of $2.7 million, breaking the Barrett-Jackson record for an automaker-donated vehicle. All proceeds will be donated to the Stephen Siller Tunnel to Towers Foundation, which builds accessible smart homes for injured veterans and also pays off the mortgages of the families of first responders killed in the line of duty.

Final seventh generation Chevrolet Corvette auctioned for record-breaking 2.7 million dollars benefitting Stephen Siller Tunnel to Towers Foundation.
via GM

So far, 85 million homes have been built by the foundation, and the $2.7 million donated will go towards constructing 5 more.

“It’s appropriate that the most iconic vehicle ever built in the US, has the honor of being the highest auctioned vehicle at Barrett-Jackson for a charity,” said Steve Hill, GM U.S. VP of Sales, Service and Marketing. “What makes me proud to be a GM employee is that fact that we’ve supported the military and veterans for over 100 years. This is a great evening, but tomorrow morning we get back to work to help more service members in need.”

We hope whoever bought that last Corvette is very happy with what might be the most expensive new Corvette ever sold.

NEXT: Dodge Hellcat Takes On Chevy Corvette Z05 In Quarter-Mile Action

2019 Cadillac Escalade
Cadillac Escalade To Get Camaro ZL1's Engine In First Full-Size Super SUV

More in Motor Hub