CorvetteGeneral Motors

Last C7 Corvette Sells For Record-Breaking $2.7 Million

By June 28, 2019February 18th, 2021No Comments
Final C7 Corvette Auction

Final seventh generation Chevrolet Corvette auctioned for record-breaking 2.7 million dollars benefitting Stephen Siller Tunnel to Towers Foundation.

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION RECEIVES 2.7 MILLION DOLLARS FROM RECORD-BREAKING CHEVROLET CORVETTE AUCTION

At least five smart homes to be built benefiting catastrophically-injured veterans and their families

Stephen Siller Tunnel to Towers Foundation to receive 2.7 million dollars from the auction of the final seventh generation Chevrolet Corvette at Barrett-Jackson Northeast Auction at Mohegan Sun today. This winning bid – for a black Z06 model – breaks the Barrett-Jackson record for an automaker-donated vehicle.

“This is going to vibrate across America,” said Frank Siller, chairman and CEO of the Stephen Siller Foundation. “This donation will build at least five homes for our catastrophically-injured veterans to give them their independence and a better quality of life.”

The foundation builds mortgage-free, accessible smart homes for the most catastrophically injured service members and helps pay off the mortgages for families of first responders killed in the line of duty. 85 homes have been built or are under construction to date, and this donation will allow for construction to begin on five new homes. More information is available at www.tunnel2towers.org.

“It’s appropriate that the most iconic vehicle ever built in the US, has the honor of being the highest auctioned vehicle at Barrett-Jackson for a charity,” said Steve Hill, GM U.S. Vice President of Sales, Service and Marketing. “What makes me proud to be a GM employee is that fact that we’ve supported the military and veterans for over 100 years. This is a great evening, but tomorrow morning we get back to work to help more service members in need.”

For the past five years, GMC has supported the Stephen Siller Tunnel to Towers Foundation as its national foundation of choice. In that time, it has helped the foundation raise more than $10 million. That includes $2.2 million raised last year, with $925,000 of it coming from the auction of the first production 2019 Corvette ZR1. It was purchased by Chevrolet dealer and NASCAR team owner Rick Hendrick at the 2018 Barrett-Jackson Scottsdale sale. The last C7 was purchased by Daniel Snyder of Clarence, NY.

GM is committed to helping those who have given so much for their country. GM’s current and retired workforce includes 60,000 veterans.