The 2022 Chevrolet Corvette will sell for more than retail price

An all-new 2022 Chevrolet Stingray C8 3LT Corvette will go under the hammer without reserve this Saturday, 25e of June with offers already exceeding $75,000 above the original retail price.

These vehicles are in huge demand with wait times in excess of 2 years which has seen the value increase dramatically.

“These vehicles are typically around $160,000 and the current online auction for this Corvette is $235,000 due to the long wait times for the vehicle,” said Mr. Lee Hames, Chief Operating Officer of Lloyds Auctions .

“Like many classics over the past two years, we have seen demand increase and prices soar due to the scarcity and importance of the cars,” Mr Hames said.

“This is a very unique vehicle, we haven’t seen anything of this late model in our normal classic car auctions, but we are delighted by the amount of inquiries that have poured in from people looking to get your hands on this vehicle from all over the country,” Mr. Hames continued.

The 2022 Corvette comes with a bonus 3-year GM Special Vehicle Factory Warranty, plus an additional 3 years.

It can accelerate from 0 to 100 km/h in just 3.1 seconds to reach a top speed of 312 km/h and it displays only 14 kilometers on the clock.

This is not the first time that Lloyds has seen vehicles sell for more than the original selling price. Earlier in March this year, Lloyds auctioned off used Teslas for higher than original prices, where a 2022 Tesla Model 3 sold for $73,000 as it sold normally $68,000.

It is also not limited to just vehicles, but extends to other luxury investments, including high-end watch brands such as Rolex where, in February, a stainless steel Rolex Daytona sold for over $50,000, with the original retail price being just over $13,000 at Lloyds.

There are over 420 classic cars under the hammer on Saturday the 25the June from 10am as part of Lloyds Auctions Grand Carmada Event alongside the Chevrolet Corvette.

This includes a 1985 Holden HDT VK SS Group A Blue Meanie which has had only one owner since new and Peter Brock’s personal Blue Meanie which is awaiting tender.

You can see the 2022 Chevrolet Stingray C8 3LT Corvette here or watch a video of the Chevrolet Stingray here.

You can see Peter Brock’s Blue Meanie here and the other real Blue Meanie here.

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