With the new mid-engined Chevrolet C8 coming soon, someone has bought the last front-engined seventh-generation Corvette for a lot of money. In fact, he paid S$3.65 million for the car which only retails for S$110,000 in the U.S.
The model is question a black Z06 model and has been bought by Dan Snyder, the CEO of digital media company inLighten and founder of Dan Snyder Motorsports.
The car was donated by Chevrolet and it was bidded at the Barrett-Jackson Northeast Auction which also hosted the auction for the last Dodge Viper and Dodge Demon ever built last year. Interestingly, both cars also went to Dan Snyder at S$1.35 million each.
“It’s exhilarating to win and a privilege to have the responsibility of caring for these historic vehicles that I believe are an important part of America’s heritage. To me, they exemplify American craftsmanship, engineering excellence, and manufacturing prowess,” Snyder said.
Dan Snyder and his son has as collected almost 100 performance cars over the years, including 30 Vipers and has pointed out that the Z06 that he just collected will not be a garage queen.
The sum of money from the Corvette will be donated to the Stephen Siller Tunnel to Towers Foundation, which assists fallen and injured military members, first responders and their families.