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First Production Corvette Z06 Convertible Sold for $800,000

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Corvette Z06 Convertible Student Showcase Challenge 1

2015 Corvette Z06 Convertible

Earlier today, we reported that NASCAR racer Dale Earnhardt Jr. is selling his custom 1955 Chevy Bel Air on eBay, with the bidding currently approaching $80,000. Now we have yet another news item to be filed under “Cars You Can’t Afford,” and strangely enough, it also concerns a Chevrolet vehicle (although one that’s decidedly newer, not to mention ten times as expensive). GT Spirit is reporting that the automaker’s first production Corvette Z06 convertible sold at the Barrett-Jackson auctions in Scottsdale, Arizona for a whopping $800,000.

That’s a little less than the 1 million dollars its coupe counterpart sold for back in April of last year, but still a pretty sizeable chunk of change. Both models put the 2015 Corvette Stingray—which sold for just $400,000—to shame. All of the proceeds from the auction were donated to the United Way, a coalition of charitable non-profits located throughout the country.

The Corvette Z06 convertible and coupe models share the same LT4 6.2-liter supercharged V8 engine, and both versions also utilize direct injection, Active Fuel Management, and continuously variable valve timing. The most interesting similarity, however, is the fact that the curb weight of the convertible is pretty close to that of the coupe (the former reportedly weighs only 60 pounds more than the latter).