/First Corvette 427 Convertible Sells for $600,000

First Corvette 427 Convertible Sells for $600,000

Chevrolet Corvette 427 Convertible at First Corvette 427 Convertible Sells for $600,000

The very first unit of 2013 Corvette 427 Convertible, the Collector Edition, sells for a staggering $600,000 in the Barrett-Jackson Scottsdale collector car auction.

The 427 is the fastest and most capable convertible in Corvette’s history, powered by the 427-cubic-inch (7.0L) LS7 Z06 engine with 505 horsepower (377 kW) and 470 lb.-ft. of torque (637 Nm), mated to a six-speed manual gearbox.It also comes with extra features and equipments, and a distinctive exterior inspired by the ZR1. It’s a true future classic. The car will hit the market in summer 2012.

The 427 badge itself dates back to the 60s. The early 427 Corvettes are among the most sought-after classics today.

This special 427, with Vehicle Identification Number ending in 001, brought in $600K of the total $700K raised at the event to benefit the AARP’s Drive to End Hunger food relief program.

The Drive to End Hunger is part of a multi-year sponsorship for Jeff Gordon’s Hendrick Motorsports No. 24 Chevrolet. It calls on racing fans, corporations and charitable organizations to raise money, build awareness, and engage Americans who face the threat of hunger.

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