We have an exciting one for you in this week’s exclusive dealer-to-dealer wholesale market report. Look at this mix of Corvettes, with one of our top sellers, GiveMeTheVin, bringing another classic old Vette to the wholesale auction. It’s rare to have a C3 sighting at these dealer-only auctions, so it will be interesting to see how it performs on the auction block! [Author’s Note: This wholesale market report is FREE and not behind a paywall. Yes, FREE! If/when any pop-ups appear, please click to dismiss them and continue enjoying the report. One may require two steps–first, the arrow on the left, then the x on the top right.]
Speaking of rare and one of the wholesale auction’s top sellers, GiveMeTheVin, check out this archived link from December 2024, when GMTV brought a gaggle of classic Corvettes to the wholesale auction and sold all of the antique Vettes we featured–yes, a 100% sales ratio! As mentioned, it’s rare to see the classic Corvette generations at these dealer-only auctions, which makes this highly successful sale from GMTV even more remarkable.
A Quick Review Of The Process:
In preparation for each installment, I start a list of Corvettes from that week’s runlist that catch my eye. As a retired owner/operator of a used car dealership, I’ll use my 17 years of experience (and industry access) to give you insights into the market. My search is focused on the nation’s largest dealer-only wholesale auction, and all the Corvettes featured are from the Florida market. Corvettes end up at a dealer-only wholesale auction for many reasons, but most are trade-ins that the dealer decided not to retail on their lot. Some may also be repossessions or coming off leases. It’s also common for dealers to dump problem (or slow-selling) units at an auction.
