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First 2014 Corvette off the production line sells for $1.1 million

Rick Hendrick paid out $1.05 million to get the first 2014 Corvette Stingray off of the production l

| Current Affairs News | Posted: Jan 21, 2013 11:31 pm

I, along with most guys, have a thing for cars. However, not all of us have the money to do what Rick Hendrick did. Rick Hendrick, the owner of a NASCAR team, ponied up a $1.05 million bid for the first 2014 Corvette Stingray to come off of the production lines. The auction took place at the Barrett-Jackson car collector event.

 

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The money will be donated to the College for Creative Studies in Detroit. That aside, the price is about 20 times higher than what the sticker price is expected to be. The new Corvette is expected to be priced about the same as the current Corvette, roughly $50,000, so why someone would pay this much is unknown.

 

Apparently this isn't the first time he has laid out big amounts of cash for Chevrolet vehicles fresh off of the production line. He paid out $350,000 for the first 2010 Camero SS as well as winning the first 2011 Corvette Z06 Carbon Edition. Was a $1.05 million bid worth it to get model 0001? You be the judge.

NEWS SOURCES:Mashable.com

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