Last Front-Engined Corvette Fetches An Unbelievable $2.7 Million

The anticipation for the Corvette C8 is immense, but that does not mean people aren’t still drooling over the outgoing, front-engined C7.

Quite the opposite, in fact, as someone paid $2.7 million to secure the final seventh-gen Corvette, a black Z06 model that would otherwise start from a measly $80,900.

The winning bid at the Barrett-Jackson Northeast Auction at Mohegan Sun came from Dan Snyder, the CEO of digital media company inLighten and founder of Dan Snyder Motorsports. The $2.7 million he pledged to secure the last ever front-engined ‘Vette makes the black Z06 example the most expensive automaker-donated vehicle at any auction ever organized by Barrett-Jackson.

Dan Snyder is the same guy who last year snatched the last-produced Dodge Viper and Dodge Demon muscle cars for $1 million. “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 replied when asked about his new acquisition.

Together with his son Mitch, Dan Snyder has collected almost 100 performance cars over the years, including 30 Vipers. Two of those are the Viper ACRs that set a 7:01:03 lap time on the Nürburgring in 2017 as part of an independent effort supported by Dan Snyder Motorsports.

“American muscle cars are a vanishing breed and should be preserved and celebrated because they provide a uniquely American driving experience of open roads, unlimited horizons, and individual freedom,” Snyder added.

It’s a good thing that the last Corvette C7 will be added to the collection of a big time fan of American muscle cars like Snyder, who says the $2.7 million Z06 won’t be a garage queen as he plans to drive it occasionally. What’s even better is that the sum will be donated to the Stephen Siller Tunnel to Towers Foundation, which assists fallen and injured military members, first responders and their families.

“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,” he added.

 

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  • Six_Tymes

    Not surprising. I think the C7 is heading for best ever Vette history.

    • ErnieB

      I must agree. The C7 is the best looking and performing corvette in history.. especially modern history. I have a soft spot for the original stingrays:)

  • StrangerGP

    Don’t worry, after the failure of C8 it will be back in C9.

    • Stigasawuswrecks

      Huh?

  • Spongebob Squareback

    BUT, are we certain that the front-engine layout will not remain in some capacity? I had heard some pretty confident rumors that a version of the C7 (FR) would be sold, along-side the C8(MR), to cater to the Corvette traditionalists.

    Might sting a little to this guy if Chevrolet ends up doing a continuation run of the C7.

    Not that this car does not retain significance of being the last of the regular-production front-engined ‘Vettes.

  • Bo Hanan

    Should have been a ZR1.

  • Bash

    I like her! Besides, I really don’t think that this would be the last front engine Vette ever.! #justsaying

  • Craig

    I’m seriously confused. [Probably because I’m not all THAT interested in the Corvette] But is the Mid-engined Corvette REPLACING the Front-engined Corvette? So the only Corvette you will be able to buy in 2020 will be the mid-engined one? For some reason I thought both versions will be made.

    • Porkopolis

      Car and Driver had a very accurate feature a few years ago, well before the mid-engined was confirmed, that stated a traditional model would be sold alongside the mid-engined model. These days I’m assuming that’s been nixed.

  • db

    Hmmm, I wonder if this will increase my the resale value of my C7.
    Kidding aside, as much as I’ve been a fan of the front engined car, if the engineers/designers think its time to go mid-engined, as difficult as change is, at times it is just what we need to keep things fresh.

    It will take a few years for this to play out though…

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