C8 Corvette Vin 001 $3,000,000 - Page 2

FenwickHockey65 · 01-20-2020, 11:54 AM

Quote:

Originally Posted by Camaro_QC

If only it didn't go to charity but to Chevrolet directly... It could have help them to pay for the loss on every base model C8 that they will lose money with...

I think it's a safe bet that the vast majority of C8s sold will not be base models.

*DGthe3* · 01-20-2020, 12:13 PM

Quote:

Originally Posted by FenwickHockey65

I think it's a safe bet that the vast majority of C8s sold will not be base models.

Its also been a very long running rumour that Corvettes lose money. I remember hearing it when I was a kid, regarding the C4 and C5. The C6 as well, but not the C7 oddly enough.

I don't know whether the base C8 will or not (and the break-even point isn't a fixed number, it varies with production volume as well), but as you said Fen: hardly any will be base cars with no options. So the average transaction price will almost certainly be above cost & GM won't actually lose money on the program.

HDRDTD · 01-20-2020, 12:50 PM

Quote:

Originally Posted by Number 3

The interesting part is for all of these there are 2 VIN #1s. There is the pre production VIN #1 and then they cycle a number in the VIN and it goes to a production VIN. So it isn't the first car off the line, it's the first salable car off the line. Fun fact, GM built several hundred Gen5 Camaros with the pre production VINs and sold them. So whoever bought the mythical VIN #1 for the Camaro really got like the 400th salable unit built.

Are you referring to the CTF vehicles they made?

AZCamaroFan · 01-20-2020, 03:23 PM

i'd love to know if they sell even one for "60K"

*DGthe3* · 01-20-2020, 04:23 PM

Quote:

Originally Posted by AZCamaroFan

i'd love to know if they sell even one for "60K"

1? Sure. Probably dozens & maybe hundreds. It'll have to be a special order, and it'll be through a dealer that doesn't do markups and/or has a lot of allocation slots. Might help if you're a repeat customer at that dealership too.

Iron Lung Jimmy · 01-20-2020, 08:43 PM

If Corvetteforum is any indication, most of them will be mid-70's and up.

DRKS1D3 · 01-21-2020, 07:40 AM

Rick Hendrick has an entire warehouse full of GM VIN #001's. The man has succeeded in life due to hard work and dedication. His collection must be a sight to behold.

hrpiii · 01-22-2020, 07:22 AM

Quote:

Originally Posted by DRKS1D3

Rick Hendrick has an entire warehouse full of GM VIN #001's. The man has succeeded in life due to hard work and dedication. His collection must be a sight to behold.

and to think, one day, the warehouse burns up, or another catastrophe to cause all those VIN #001's to be destroyed. I wonder what the insurance is on that building and contents?

BMR Sales · 01-22-2020, 03:57 PM

Doesn't mean that the 001s are worth what he paid - The Charity Auctions are Tax Right-Offs for the Rich!

xc_SS/RS · 01-22-2020, 04:25 PM

Quote:

Originally Posted by hrpiii

I wonder what the insurance is on that building and contents?

About

DRKS1D3 · 01-23-2020, 07:04 AM

Quote:

Originally Posted by BMR Sales

Doesn't mean that the 001s are worth what he paid - The Charity Auctions are Tax Right-Offs for the Rich!

Yes, they most certainly are. A wealthy individual purchases a car for much more than what it is worth, the proceeds go to a charity and the wealthy individual will receive a PORTION of their money back during tax season.

It's a win-win. A high-end car gets added to someone's collection and a charity gets a huge check from a generous donor.

01-20-2020, 03:23 PM	#18
AZCamaroFan Camaro6 2016-2018 Drives: sometimes Join Date: Mar 2008 Location: Phoenix Posts: 18,468	i'd love to know if they sell even one for "60K" __________________

01-21-2020, 07:40 AM	#21
DRKS1D3 Drives: '17 Corvette Grand Sport M7 Join Date: May 2012 Location: Pennsylvania Posts: 3,748	Rick Hendrick has an entire warehouse full of GM VIN #001's. The man has succeeded in life due to hard work and dedication. His collection must be a sight to behold. __________________ MY RIDE: 2017 CORVETTE GRAND SPORT--TRIPLE BLACK, 7 SPEED MANUAL, VARARAM TCR-7 INTAKE, BORLA CATLESS X-PIPE, CARBON FIBER STAGE 2 AERO, MGW SHORT-THROW SHIFTER SOLD2011 TRIPLE BLACK SS CONVERTIBLE--6 SPEED MANUAL, MANY MODS, 455 RWHP/435 RWTQ DAD'S RIDE: 2012 ZL1 #1866--BLACK, 6 SPEED MANUAL, EXPOSED CF HOOD, POLISHED WHEELS, SUNROOF, ROTO-FAB INTAKE "Silly Americans, taking from the rich and giving to the poor only works in fairy tales. Success is earned here!".

01-20-2020, 08:43 PM	#20
Iron Lung Jimmy Drives: Iron Lung, Jimmy Join Date: Jun 2009 Location: Louisiana Posts: 1,577	If Corvetteforum is any indication, most of them will be mid-70's and up.

01-22-2020, 03:57 PM	#23
BMR Sales Drives: Race Car Join Date: Sep 2009 Location: Seffner, FL Posts: 6,226	Doesn't mean that the 001s are worth what he paid - The Charity Auctions are Tax Right-Offs for the Rich!