Barrett-Jackson

Bidder pays $400,000 for first production 2020 Chevrolet Corvette Convertible at auction

Eileen Falkenberg-Hull
Mar 27, 2021, 1:03 am

The first 2020 Chevrolet Corvette Convertible off the line was auctioned for charity tonight.

Photo courtesy of Barrett-Jackson/Facebook

The United Way for Southeastern Michigan was a double beneficiary on Friday night. Proceeds from the sale of the first production 2021 Ram 1500 TRX Launch Edition and the 2020 Chevrolet Corvette Convertible benefitted the charity. The winning bid for the C8 Corvette Convertible was $400,000.

The Corvette Convertible traces its roots back to the original 'Vette - the 1953 model was only available as a rag top. The modern C8 Corvette Convertible engineered the hard top to provide a quieter cabin, increased security, and a cleaner look than previous convertible designs. It can be activated at speeds u pro 30 mpg and retracts in 16 seconds.

The roof is powered by six electric motors — a Corvette first. A body-colored roof is standard, while Carbon Flash metallic-painted nacelles and roof are optional.

A divider glass window in the middle of the vehicle can be power adjusted with the top up or down. In addition to the roof, the car as the same rear spoiler used on the Stingray coupe's Z51 Performance Package, resulting in identical drag between the coupe and convertible with the top up.

The chassis was tweaked for the convertible, giving the convertible nearly the same performance as the coupe.

Like the Stingray coupe, the convertible is powered by a 6.2-liter V8 engine that produces 495 horsepower and 470 pound-feet of torque. The engine is paired with an eight-speed dual-clutch transmission.

The 2021 Chevrolet Corvette Convertible has a $68,495 starting MSRP.

Last year, Rick Hendrick, founder and CEO of Hendrick Companies, placed the winning bid for the 2020 Chevrolet Corvette Stingray VIN 0001 at the Barrett-Jackson Scottsdale Auction. All proceeds from that sale benefitted the Detroit Children's Fund, a nonprofit focused on high-potential investments to provide Detroit school children the opportunity to receive an excellent education.

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New Car

Jaguar adds a new 444-horsepower F-Type sports car to lineup for 2022

The F-Type P450 cars replace the P300 and P380 as part of the Jaguar lineup.

Photo courtesy of Jaguar

Two new versions of the Jaguar F-Type are on the horizon. New versions of the model have been created to further the car's luxury proposition and both are powered by a roaring V8 engine. The new P450 variants replace the P300 and P380 models currently in the lineup. Jaguar is keeping the F-Type R around.

2022 Jaguar F-Type P450

The 2022 Jaguar F-Type P450 will be available as a coupe or convertible in P450 RWD or P450 R-DYNAMIC AWD grades. All varieties come with a 444-horsepower supercharged V8 under the hood that achieves 428 pound-feet of torque. An electronic active differential is standard. In all configurations, the car gets from zero to 60 mph in 4.4 seconds and has a top speed of 177 mph.

2022 Jaguar F-Type P450 The car has received minor exterior updates from the 2021 model.Photo courtesy of Jaguar

In a nod to its suburban buyers, the F-Type has a Quiet Star mode that allows a more subtle roar out the back side of the car upon startup. Drivers who don't care about keeping quiet can switch the car in to Dynamic mode and let the rumble out.

Each F-Type P450 rides on 20-inch wheels, has larger brakes than traditional F-Type models, and has the switchable exhaust. Double J-Blade daytime running lights feature up front while new slender rear lights allow the body of the car to speak for itself.

Buyers who get the F-Type P450 R-Dynamic AWD get bespoke badging; a gloss black front splitter, side sills, valance, and venturi; auto-dimming, power- folding, heated door mirrors with memory; and 20-inch Style 6003, split-spoke, gloss Dark Grey with Contrast Diamond Turned Finish Wheels.

2022 Jaguar F-Type P450 The interior sports a refined appearance.Photo courtesy of Jaguar

Monogram stitch patterns on the car's seats and interior accents in Windsor Leather and satin-finish Noble Chrome enhance the interior. Additionally, there are "Jaguar Est.1935" markings on the center console finisher, glovebox release button surround, and seatbelt guides. Six-way electric power seats are standard on F-Type P450 RWD, while F-Type P450 R-Dynamic AWD adds 12-way electric memory front seats, electrically adjustable steering column with memory, Delta Aluminum Center Console, and R-Dynamic branded metal treadplates as standard equipment.

A 12.3-inch driver information display is standard.

F-Type P450 is available in 11 standard exterior colors, and can be ordered in over a dozen custom SVO paint finishes. It starts at $69,900 for the P450 RWD Coupe and $79,900 for the R450 R-Dynamic AWD Coupe.

2022 Jaguar F-Type R

The F-Type R is the pinnacle of the Jaguar lineup with torque on-demand all-wheel drive, Jaguar Intelligent Driveline Dynamics control technology, a double wishbone front and rear suspension, and electric power-assisted steering.

It can get from zero to 60 mph in 3.5 seconds and has an electronically limited top speed of 186 mph thanks to its 575-horsepower supercharged V8 engine. All-wheel drive is standard.

This model starts at $103,200.

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Rare V8 roadster

This BMW Z8 is worth its price tag

The BMW Z8 is a modern classic.

Bring a Trailer

We could spend all day bemoaning car auctions' impact on vehicle pricing. Sites like Bring a Trailer and Cars and Bids invite frenzied buyers to offer wild sums of money for cars that might otherwise be considered ordinary. Some vehicles on those sites, however, are worth the coin, and we think this 2001 BMW Z8 is one of them. The 22,000-mile car's auction is almost over at the time of this post, and its sky-high price tag is actually warranted. The BMW Z8 is exceedingly rare to begin with, but this car's color combination of black over tan leather makes it even more of a unicorn, as only 229 were made in that combination.


BMW Z8 The Z8 took inspiration from BMW's classic roadsters.Bring a Trailer


Even the car's designer is noteworthy. Though he may be focusing on his own electric vehicle brand now, Henrik Fisker's 12-year run at BMW was the stuff of legend. Fisker's work included the design for the Z8, as well as contributions of the original X5 SUV, which is now part of an expansive BMW SUV and crossover lineup.

The Z8 reached legend status when it shuttled Pierce Brosnan's James Bond in The World Is Not Enough, but the cars were (and are) worthy of standing on their own. Under the hood, BMW installed a 394-horsepower 4.9-liter V8, which gave the car a claimed 0-62 mph time of just 4.2 seconds. That power reached the rear wheels through a six-speed manual transmission, and this car has had maintenance performed to keep the drivetrain purring for years to come.


2001 BMW Z8 This Z8's color combination makes it exceedingly rare.Bring a Trailer


If you're wondering where this Z8's current bid price of $162,500 lands on the car's overall value spectrum, there's some good news, depending on how you view spending six figures on a car. Hagerty estimates that a Z8 in good condition should draw around $155,000, while a car in excellent condition should get $199,000. This car's mileage and condition match up with its price, which falls on the lower end of that range, and should allow it to be an actual driver for the right person. After all, what's the fun of buying a car just for display?

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