53 CORVETTE SOLD OR MISSING???

[William B.]

THE 53 THAT WAS TO BE AUCTIONED BY RICHARD AND KYLE PETTY. WITH PROCEEDS TO GO TO A CHARITY.WHAT HAPPENED,NEVER SAW ANY REPORTS? SOLD AT CARLISLE? $170,000.? WHO BOUGHT IT?

[Brian M.]

Re: 53 CORVETTE SOLD OR MISSING???

Currently being offered for sale by Pro Team. Listed in this months Hemmings. I was wondering how they ended up with it. Something stinks.

[Daniel S.]

Re: 53 CORVETTE SOLD OR MISSING???

It did sell to Proteam. Looks like they got a deal at $100,000.

Here is a link for the complete results...'53 Vette is lot number 237.

http://www.mecumauction.com/pdf/results/CA_results0802.pdf

[Patrick H.]

Nope.

I was there. Terry himself bought it at $170,000. It's not in the list of Mecum auction results - the one listed there is a different car.

I believe there were only 5 or 6 people who ever actively bid on it. I was a little underwhelmed with the interest in the car, actually.

See the link below for the car.

Patrick


Pro-Team 53 Corvette

[Craig S.]

Re: Nope.

Patrick - I was there too...I think Dana Mecum himself bid $140K....probably just to stir interest.....Craig

[Brian M.]

Re: Nope.

Patrick, Did you notice that this car had run out of gas and had to be jump started from its parking spot. The guy jump starting the 6 volt system laid his 12 volt jump box across the fender without any protection. I was amazed.

[Patrick H.]

Re: Nope.

Brian,

Nope. I was too busy standing next to Richard Petty (I'm not kidding - I was right next to the elevated platform).

Patrick

[Brian M.]

Re: Nope.

Then you must have seen the Re-Pop Richard Petty.

[William B.]

IS PROTEAM A CHARITY? OR????

I WAS ALSO AT THE AUCTION,AND PEOPLE TOLD ME THE FINAL PRICE WAS 170K.BUT THE THE REAL QUESTION I HAVE IS.WHAT PROCEEDS OR WHAT AMOUNT WAS DONATED TO CHARITY?IT WAS ADVERTISED HEAVILY ABOUT GIVING TO A CHARITY. WAS PROTEAM THE FINAL CHARITY???? PROTEAM HAD BAD PRESS BEFORE??? 1970"S ???

[Patrick H.]

Re: Nope.

Saw both. The Repop looked pretty haggard.

PH

[Patrick H.]

Or What.

ProTeam paid $170k directly to the charity, and got a "free" car in return. Actually, only $50k is tax deductible, as the car had an appraisal at $120k.

So, the charity gets $170k, ProTeam gets a $50k tax deduction AND still can sell the car, and the guys who restored it for allegedly $160k (Chip's numbers) lose their shirt. Whatever. When it went so low, I thought that next time Chip should just give the money and cut out the middleman. Standing so close, and watching Chip's face, I sincerely think he believed it would bring well over $200k and was very disappointed with it.

I don't think ProTeam's record is any better now than 20 years ago, FWIW. But, buying a car like this with "proceeds to charity" sure helps his image with a lot of people.

And please, DON'T USE ONLY CAPS AS IT'S REALLY ANNOYING TO THE REST OF US. THANKS!

Patrick

[William B.]

Re: Or What.,PATRICK HULST

sorry if i offended you by using only caps.but i didn't know you spoke for the "rest of us". p.s. i do not type very good.

[John H.]

Re: Or What.,PATRICK HULST

Bill -

Not a "rest of us" thing; lower-case letters are the common Internet protocol everywhere - caps are considered "shouting", and are harder to read.

[Duke W.]

Ditto! *NM*

[Patrick H.]

Re: Or What.

Bill,

No offense taken. Believe it or not, the "all caps" request used to be on the initial entry page of the Discussion Board. I'm not sure when John removed it, as I skip by that page most of the time.

Patrick