This 1955 Chevy Corvette Could Be the Most Expensive Model Auctioned
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A glorious Gypsy Red exterior with a pristine light beige and rich red interior, 62 miles on a recent engine refurbishment, and a fascinating and historic provenance…
Classic cars like this one are especially rare, so is it any wonder that this 1955 Chevrolet Corvette 265 3-Speed was expected to set an automobile auction record?
It’s the complete package with its outstanding looks, exceptional condition, _and _extreme rarity. Some lucky bidder will be taking their dream car home when this auction ends—as long as their pockets are deep enough!
Does anyone else just see a Corvette and drool?
A classic Chevrolet beauty
This vintage Chevy Corvette looks brand new with its fully restored fiberglass body and eye-catching red paint job. Highlights that add to its exterior appeal include chrome bumpers and trim, headlight grilles, and a beige soft top with matching side curtains.
Points of interest in the interior include bucket seats and door panels of light beige upholstery with red stitching, a matching red dash pad and carpet, and a two-tone steering wheel with chrome details.
The dash features a heater, clock, dash-mounted mirror, and a recently rebuilt AM radio. The Corvette also proudly displays Chevrolet fender badging with an exaggerated gold “V” to proclaim its 265ci V8 engine.
This gorgeous car won a prestigious NCRS Top Flight award at the Northwest Regional Meet on June 29, 2002, for its originality and outstanding condition. The judging sheets and the award itself were included in the auction.
A Corvette with an intriguing past
According to Motoring Research, the Corvette that launched in 1953 was available with a totally underwhelming engine and transmission combo. In an attempt to change reluctant buyers’ minds, Chevrolet upgraded the engine from a straight-six to a more powerful V8.
Now they just needed a three-speed manual transmission that would work in tandem with the V8. This particular car is believed to be the prototype of that combination. The car was manufactured in June 1955 and came with a 140-mph speedometer, a five-digit odometer, and a 6k-rpm tachometer.
A Californian bought the prototype sometime in the 1960s and it moved on to Oregon in 1988. Along the way, it underwent several refurbishments, including bodywork, a complete electrical system overhaul, a brake master cylinder rebuild, new wheel cylinders, and more.
Would this Corvette set an automobile auction record?
There was a lot of interest in this auction, with a total of 20,939 views and 1,312 people watching. With the previous auction record for a C1 Corvette being $153,000, could this exceptionally rare model top that figure? Definitely.
With everything it had going for it, this rare beauty attracted 47 bids before it sold for a whopping $209,000. That’s what a buyer using the name dinobaby paid for this gem when the auction ended on September 15, 2021.
Hopefully, the lucky owner of this very special Corvette used licensed insurance broker Jerry to find affordable car insurance befitting their stunning new purchase.