Saturday, January 17, 2009

Collection of Corvette ZR-1s (and ZR1s) to Cross the Block at Barrett-Jackson



The Corvette ZR-1 and ZR1 are rare cars, but you wouldn't know it looking at this year's line-up at the annual Barrett-Jackson auction in Scottsdale, AZ. 12 Classic ZR-1s and two brand-new ZR1s have crossed or are preparing to cross the block at the collector car auction.

1989 Corvette ZR-1 Snake Skinner

As of this writing, seven vintage ZR-1s have already crossed the block, going for $25,300 to $176,000. Of them, four were privately owned (Lot #s 91, 353, 644.1 and 760), low-mile originals, the best of which was a red 1990 model with only 2,500 miles on the clock that went for $66,000. The other three came from GM's Heritage Collection, which the company is selling off both to raise cash and save money on storing the massive number of vehicles in its collection. The first was the 1990 Active Suspension Prototype (Lot #82), the first car on which GM experimented with an early form of active suspension. It sold for $150,700. Later, one of the 83 1989 model ZR-1s that GM built for press fleets and car shows but never released to the public sold for $110,000 (Lot #96).

The star of the early ZR-1s at the auction is the 1989 "Snake Skinner" car that John Heinricy and company built to demonstrate the Corvette's supremacy (Lot #396.1). It features a special 475-hp LT5 DOHC V-8 built by Mercury Marine for the project and is just one of 83 models made in 1989. The white "Snake Skinner," so-named for its domination of Mustang Cobras and Dodge Vipers, sold for $176,000.

Later tonight, two more Corvettes will cross the block, this time being sold together. They are a brand-new 2009 ZR1 in limited production Cyber Gray and a 1993 40th Anniversary ZR-1, number 250 of only 448 built. The maroon car hails from the year that the ZR-1's power was upgraded from a stout 375 hp to an impressive 405 hp. Since they're being sold as a package deal (Lot #s 1021 and 1021.1), expect them to fetch a hefty premium.

1990 Corvette ZR-1

The fun won't end with the work week, either. On Saturday, the last four ZR-1s and the other ZR1 cross the block. Of them, two are privately owned (Lot #s1261 and1344.2), with one holding the distinction of being the first ZR-1 off the assembly line for the 1992 model year. Another ZR-1 is another of the 83 press cars built in 1989 and never released to the public (Lot #1230.4). The final two are being sold as another package deal by a dealer. One is a red 1990 model -- the first year for the ZR-1 - with only 310 miles on the clock and the other is a brand-new yellow 2009 ZR1 (Lot #s 1332 and 1332.1). Again, expect this duo to be the big seller for the day.

The 2009 Barrett-Jackson Collector Car Auction is just about two-thirds over now and will wrap up on Sunday. All of the cars sold so far and awaiting their turn are available for viewing at Barrett-Jackson's website.

Source: Barrett-Jackson

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