The buyer was not a surprise.
We knew this day would come and not it finally has. Barrett-Jackson has announced the final C7 Chevrolet Corvette that will roll off the production line at the Bowling Green, Kentucky production plant has been sold for an impressive $2.7 million. This final front-engined Corvette – a black Z06 – was sold to Bryan Snyder who placed his bid by phone. Snyder also reportedly bought the final Dodge Viper at auction as well.
The auction itself was held at the auction house's Northeast Auction at the Mohegan Sun casino in Uncasville, Connecticut. That final C7 price also broke a Barrett-Jackson record for an automaker-donated car. "This is going to vibrate across America," said Frank Siller, chairman and CEO of the Stephen Siller Foundation. "This donation will build at least five homes for our catastrophically-injured veterans to give them their independence and a better quality of life."
Proceeds from the auction will benefit the Stephen Siller Tunnel to Towers Foundation, which supports America's first responders and seriously injured service members. The foundation builds mortgage-free homes for those service members and also works to help pay off the mortgages for families of first responders killed in action, was established in 2002 in honor of Stephen Siller, a New York City firefighter who died on 9/11.
"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. Vice President 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."
The final C7, as you can expect, is quite special. Not only was it a Z06, but it's equipped with the 3LZ trim package and a seven-speed manual transmission. Other options include the Z07 Performance Package with Brembo carbon ceramic brakes, level 3 aerodynamics, and Michelin Pilot Sport Cup tires.
The interior is decked out with a two-tone red and black leather-wrapped package. There's also a suede-wrapped steering wheel. Interestingly, the car shown on stage at the auction, and pictured here, is only a sample. This final C7 won't be built until sometime in September.