Today is the day that The Stradman’s 2023 Corvette Z06 auction comes to a close and the final bid for the car came in at $218,200.
To be honest, that was cheaper than I expected, and the Stradman is probably kicking himself for not taking the $283K that was offered to him when he first picked up the car last November.
We’ve been keeping our eyes on the Cars and Bids page all day where the Stradman’s Z06 was listed and chat was very lively with people talking about the car. The auction was extended for a couple of hours past its original 12 Noon ET deadline as additional bids continued to add time to the clock. Finally, the additional time added became just 60 seconds for each bid and the auction finally ended just after 2:00 pm ET.
So why not more? Is the market cooling already? Is it the fact that the car is being sold without a warranty? Did the previous transmission leak scare off the big money? We just don’t have enough data on secondary resells of this car to know for sure, but it’s $46,000 or so over the MSRP price, so it’s not like he gave it away.
Yeah, we don’t feel too bad for The Stradman, who says he’ll be taking $100K of the sale and dumping it into his house, which came at over $1 million over budget and he is still trying to get things finished. As for the other $100K, he says he is going car shopping…
Source:
Cars and Bids
Related:
[VIDEO] The Stradman is Selling his 2023 Corvette Z06 Due to Financial Issues
[VIDEO] The Stradman’s 2023 Corvette Z06 is Repaired and Back in the Garage!
[VIDEO] The Stradman Receives a $283K Offer For His New 2023 Corvette Z06
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