58 Retractable HT
Team Owner
Joined: Jul 2004
Posts: 40,374
Likes: 788
From: Redondo Beach, California
There was a previous posting a few days ago about this car. In those old days at GM some of those specialty cars were given/sold to executives of the company.
Interesting that this car's convertible hardtop is the same that is being sold today by Lexus and Mercedes Benz in their 2 seater "sports" cars. I think the little Lexus thingy sells for $67,000. Don't know about the MB. If I had $67,000 to spend on a car, I think I could do a little better.....I'm thinking 454, 502, 572 BB early C3 coupe!!
Interesting that this car's convertible hardtop is the same that is being sold today by Lexus and Mercedes Benz in their 2 seater "sports" cars. I think the little Lexus thingy sells for $67,000. Don't know about the MB. If I had $67,000 to spend on a car, I think I could do a little better.....I'm thinking 454, 502, 572 BB early C3 coupe!!
Race Director
Joined: Feb 1999
Posts: 19,659
Likes: 34
From: Lenoir City Tennessee
Ci 6, 8 & 10 Veteran
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15
The car was in one of the magazines just recently. Pretty neat idea they had. Amazing the money these cars are bringing in. I would like to have the sellers commision off of one of those big sells.
Speaking of commision, they are getting 8% for buyers/sellers premium. Makes a $100k car $116k. Nice little profit for BJ.
Speaking of commision, they are getting 8% for buyers/sellers premium. Makes a $100k car $116k. Nice little profit for BJ.
Safety Car
Joined: Jul 2002
Posts: 4,269
Likes: 3
From: St. Charles IL
Cruise-In 5-6-7-8-9-11-12 Veteran
A CI-6 Car Show Winner
I thought that one would have gone a LOT higher. A true one of a kind. Someone told me the car was appraised at $750,000.
Obviously there were some really good deals at the B/J auction, I'm just amazed at how these buyers come up with the money.
Obviously there were some really good deals at the B/J auction, I'm just amazed at how these buyers come up with the money.
Race Director
Joined: Dec 2003
Posts: 14,135
Likes: 935
From: Fremont Ca
2022 C4 of the Year Finalist - Modified
Originally Posted by 68/70Vette
There was a previous posting a few days ago about this car. In those old days at GM some of those specialty cars were given/sold to executives of the company.
Interesting that this car's convertible hardtop is the same that is being sold today by Lexus and Mercedes Benz in their 2 seater "sports" cars. I think the little Lexus thingy sells for $67,000. Don't know about the MB. If I had $67,000 to spend on a car, I think I could do a little better.....I'm thinking 454, 502, 572 BB early C3 coupe!!
Interesting that this car's convertible hardtop is the same that is being sold today by Lexus and Mercedes Benz in their 2 seater "sports" cars. I think the little Lexus thingy sells for $67,000. Don't know about the MB. If I had $67,000 to spend on a car, I think I could do a little better.....I'm thinking 454, 502, 572 BB early C3 coupe!!
Team Owner
Joined: Aug 2000
Posts: 21,453
Likes: 461
From: Massillon,Ohio USA
2020 C3 of the Year Finalist - Unmodified
Cruise-In VI Veteran
St. Jude Donor '08-'09-'10-'11-'12
Originally Posted by Z51JEFF
.This car was built by a private individual and not GM,I believe.
$315,000 quite a bit less than the $1,000,000 that they were asking at one time.
Instructor
Joined: May 2004
Posts: 127
Likes: 0
From: Aurora CO
We are at the auction and I thought the Retractable would go for more but it followed the 54 Olds F88 which was a frenzy and went for $3 million. One of the most amazing thing I have ever seen at a auction.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)
Joe Kucinski
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!
Verdad Gallardo
Top 10 Corvettes Coming to Mecum Indy 2026!
Brett Foote
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!
Michael S. Palmer
10 Revolutionary 'Corvette Firsts' Most People Don't Know
Joe Kucinski
5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2
Michael S. Palmer
Race Director
Joined: Apr 1999
Posts: 15,136
Likes: 477
From: NM
The car was owned by Pro-Team.
You can read about it here:
http://www.proteam-corvette.com/retractable.html
tom...
You can read about it here:
http://www.proteam-corvette.com/retractable.html
tom...
Melting Slicks
Joined: Feb 2001
Posts: 3,330
Likes: 13
From: Europe , Luxembourg
Hi
If this mod wasn't done by GM , the car is far too expensive. It is just a ( stupid ) mod to make a old car un-original.
Install some of the Lambo-door mods to a C5 , wait 40 years and you will also get this amount for it.
Sorry, that's my point of view .
It should be possible to do such a mod to a 58 for all togehter much less than 315 K.
Gunther
If this mod wasn't done by GM , the car is far too expensive. It is just a ( stupid ) mod to make a old car un-original.
Install some of the Lambo-door mods to a C5 , wait 40 years and you will also get this amount for it.
Sorry, that's my point of view .
It should be possible to do such a mod to a 58 for all togehter much less than 315 K.
Gunther
Burning Brakes
Joined: Apr 2003
Posts: 844
Likes: 0
From: Central KY
Wesch,
I think the point of this story is the verified documentation that goes along with the car. All that jazz about Bill Mitchell in the executive garage. It's folklore - a lower-level employee spending his own time and money over three years to bring a wrecked car back to life...and shows it to the brass. I think that is what was paid for - the documented one-off rarity of the car... Still - $315,000 is alot of money!
I think the point of this story is the verified documentation that goes along with the car. All that jazz about Bill Mitchell in the executive garage. It's folklore - a lower-level employee spending his own time and money over three years to bring a wrecked car back to life...and shows it to the brass. I think that is what was paid for - the documented one-off rarity of the car... Still - $315,000 is alot of money!
Drifting
Joined: Nov 2002
Posts: 1,951
Likes: 1
From: Shore NJ
Originally Posted by Tom73
The car was owned by Pro-Team.
You can read about it here:
http://www.proteam-corvette.com/retractable.html
tom...
You can read about it here:
http://www.proteam-corvette.com/retractable.html
tom...
Melting Slicks
Joined: Feb 2001
Posts: 3,330
Likes: 13
From: Europe , Luxembourg
Hi
Wonder why it never made production?
Ha, it is like everywhere. It wasn't the bosses idea and everybody knwe who had it, so the boss couldn't even make it appear to be his.
Sorry for blaming heros here, but it very much seems to be something like this.
I also have bosses and times haven't changed yet.
Gunther
Wonder why it never made production?
Ha, it is like everywhere. It wasn't the bosses idea and everybody knwe who had it, so the boss couldn't even make it appear to be his.
Sorry for blaming heros here, but it very much seems to be something like this.
I also have bosses and times haven't changed yet.
Gunther