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Auction Fever

First ZR1 Nets a Cool Million
Posted February 1 2008 12:52 PM by VETTE Mag 
Filed under: Corvette News, C6 Corvette

Do auctions affect real-world pricing?


The first regular-production '09 ZR1 was recently auctioned for a cool one million dollars. Some early-production '90 ZR-1s went for nearly twice their original sticker price, thanks to speculative buying among neophyte collectors. Could we see the same thing happen with the new version, and, if so, are televised "celebrity" auctions like this one partly to blame?

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