Final C7 Corvette Sells at Auction for $2.7-Million

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Last Seventh Gen Corvette

Black Corvette Z06 could be the last Chevy supercar built with the engine between the front wheels.

On June 28, a black C7 Chevrolet Corvette Z06 rolled onto the stage of the Barrett-Jackson Northeast Auction and when the final gavel sounded, this car raised more money for charity than any automaker-donated vehicle in the past. This black Z06 represents the final C7 built, so the bidders were battling for what could be the last Corvette ever built with a front-engine layout, leading everyone to expect a big price tag.

The crowd got what they wanted, with the final C7 Corvette selling for a whopping $2.7-million, with all of that money going to the Stephen Siller Tunnel to Towers Foundation.

Just Your Average Corvette

When the next generation Corvette arrives with a mid-engine design, it will effectively end the seven-generation run of the classic front-engine layout. With such a dramatic change to the vehicle, many people expect to see some sort of special edition model or even a one-off car to say goodbye to the C7 and the front-engine layout, but that wasn’t the case. No special “end of the line” edition or anything like it was announced, so it seems as though Chevrolet will let the front-engine design quietly cruise into the sunset.

Last Seventh Gen Corvette

Of course, without any special edition model or package, the final C7 was a normal production version Z06, finished in black with black wheels and bright red leather interior. It appears to be a fully-loaded model, so it has all of the available bells and buzzers, along with the 650-horsepower, supercharged LT4 V8 and an automatic transmission.

Depending on the option list, the final Corvette Z06 will have an MSRP well over $100,000, but when you factor in the special nature of this vehicle coupled with the proceeds going to charity, it comes as no surprise that the winning bidder paid way over sticker price.

Richest Charity Car Ever

Over the past decade, Ford, General Motors and FCA have all donated unique performance vehicles to be auctioned off for charity, but never before has one raised as much money as the final C7 Corvette. The winning bidder paid $2.7-million for this car, and the proceeds of that generous price go to the Stephen Siller Tunnel to Towers Foundation. This foundation builds mortgage-free, accessible smart homes for the most catastrophically injured service members as well as helping to pay off the mortgages of first responders who are killed in the line of duty.

Last Seventh Gen Corvette

Needless to say, $2.7-million will go a long way in helping to build new homes and pay off others, while the unnamed winning bidder drives home with an amazing piece of American automotive history.

"Before I was old enough to walk, my dad was taking me to various types of racing events, from local drag racing to the Daytona 500," says Patrick Rall, a lifetime automotive expert, diehard Dodge fan, and respected auto journalist for over 10 years. "He owned a repair shop and had a variety of performance cars when I was young, but by the time I was 16, he was ready to build me my first drag car – a 1983 Dodge Mirada that ran low 12s. I spent 10 years traveling around the country, racing with my dad by my side. While we live in different areas of the country, my dad still drag races at 80 years old in the car that he built when I was 16 while I race other vehicles, including my 2017 Dodge Challenger SRT Hellcat and my 1972 Dodge Demon 340.

"Although I went to college for accounting, my time in my dad’s shop growing up allowed me the knowledge to spend time working as a mechanic before getting my accounting degree, at which point I worked in the office of a dealership group. While I was working in the accounting world, I continued racing and taking pictures of cars at the track. Over time, I began showing off those pictures online and that led to my writing.

"Ten years ago, I left the accounting world to become a full-time automotive writer and I am living proof that if you love what you do, you will never “work” a day in your life," adds Rall, who has clocked in time as an auto mechanic, longtime drag racer and now automotive journalist who contributes to nearly a dozen popular auto websites dedicated to fellow enthusiasts.

"I love covering the automotive industry and everything involved with the job. I was fortunate to turn my love of the automotive world into a hobby that led to an exciting career, with my past of working as a mechanic and as an accountant in the automotive world provides me with a unique perspective of the industry.

"My experience drag racing for more than 20 years coupled with a newfound interest in road racing over the past decade allows me to push performance cars to their limit, while my role as a horse stable manager gives me vast experience towing and hauling with all of the newest trucks on the market today.

"Being based on Detroit," says Rall, "I never miss the North American International Auto Show, the Woodward Dream Cruise and Roadkill Nights, along with spending plenty of time raising hell on Detroit's Woodward Avenue with the best muscle car crowd in the world.

Rall can be contacted at [email protected]

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