Highlights from Corvettes at the 2024 Mecum Houston Auction

Highlights from Corvettes at the 2024 Mecum Houston Auction

The Mecum Houston auction, held at the NRG Center from April 4-6, 2024, showcased a stunning array of 1,023 vehicles, out of which 730 sold, generating a total sales figure of $29.4 million. Among these, 83 were Corvettes, solidifying their iconic status with 61 successful sales. In this blog post, we will look at some of the highlights of the Corvettes at the 2024 Mecum Houston Auction.

Corvettes proved to be one of the high points at the auction, with one making it into the top 10 highest-sold cars. Enthusiasts and collectors saw a wide range of models, from classic to contemporary, underscoring the enduring appeal of these American sports cars.

Top Corvette Sale at the Event

Spotlight on the 1960 Custom Convertible Corvette
Sold for $181,500 – This was the highest-selling Corvette at the Houston 2024 Mecum Auction

Distinguished by its elegant Black and Gray color scheme, this 1960 Chevrolet Corvette Custom Convertible (LOT S157) exemplifies the pinnacle of customization and performance. Powered by a robust 6.2L/525 HP LS3 V-8 engine paired with a Keisler 5-speed manual transmission, it features an array of high-performance upgrades including C5 and C4 suspensions with QA1 coilovers, an Art Morrison driveshaft, and 3-inch stainless exhaust. The interior boasts Custom Classic Instruments gauges and a Boyd Coddington steering wheel, making it a true custom masterpiece. Photo Credit: Mecum
Photo: Mecum

One of the standout sales was the 1960 Custom Convertible Corvette (Lot S157), which fetched $181,500. Previously featured in our last e-newsletter, this car is built on a round-tube SRIII powder-coated frame, a detail that surely contributed to its high value. More about this car.

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2024 Corvette E-Rays: High Expectations, No Sale

Despite high expectations, two 2024 Corvette E-Rays did not find new owners. The first, a Torch Red with Red interior and a 3LZ package (Lot S108.1), was bid up to $160,000. It featured factory carbon fiber wheels—a $15,500 option—but remained unsold. Due to the manufacturer-imposed six-month hold window, this vehicle’s factory warranty will not be transferred to the new buyer.

2024 Torch Red Corvette E-Ray Lot S108.1
Photo: Mecum

The second, in Riptide Blue Metallic with a Black/White interior and 2LZ package (Lot S151), saw a high bid of $120,000. Despite having only 810 miles, it did not sell, and it was also affected by the warranty issue.

2024 Riptide Blue Metallic Corvette E-Ray Lot S151
Photo: Mecum

Value of a 2021 Used Corvette

We just looked at the 2021 Corvette sales brochure, so it was interesting to see what a used one would sell for at auction.

A 2021 Corvette (Lot S62) in Torch Red with Jet Black 2LT and Z51 performance packages sold for $82,500. This nearly new Corvette, with only 2,987 miles, featured GT2 bucket seats, Carbon Flash dual racing stripes, and Bright Red brake calipers, highlighting its desirability in the used car market.

You can learn more about the 2021 Corvette as we look at the sales brochure on our blog.

Lot S62 2021 Corvette Torch Red Coupe
Photo: Mecum

1967 Corvette Convertible: A Classic in the Spotlight

Another notable lot was the 1967 Corvette Convertible (Lot S94), which bid $80,000. This vehicle underwent a two-year frame-off restoration, completed by a former GM engineer, Tom Hill, and came with a plethora of documentation. With only 26,371 miles on the odometer, this classic is still available as the bid goes on. Mecum has a video of the car on this link: Check out this classic’s video.

Lot S94 1967 Corvette Convertible with Original Tank Sticker
Photo: Mecum

Upcoming Auctions: What’s Next for Mecum?

Looking ahead, Dana Mecum’s 37th Original Spring Classic is set to feature 3,000 vehicles at the Indiana State Fairgrounds in Indianapolis from May 10-18. For more details on upcoming auctions, to consign a vehicle, or to register as a bidder, visit Mecum.com or call (262) 275-5050 for more information.

Join us next time as we continue to explore the fascinating world of car auctions and the timeless allure of the Corvette!

Source: Mecum Auction

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