Even some employees at a Georgia dealership were surprised at one of its recent used-car listings: a 2017 Chevrolet Corvette Grand Sport, priced at an incredible $499,900. The list price hilariously sits above the Kelley Blue Book estimate for a factory Grand Sport on Autotrader, which is in the mid-$60,000 range.
“You know, we were talking about that the other day,” a non-sales employee at Steve Rayman Chevrolet said on the phone Friday, originally thinking the car’s price was a typo. “I have never seen a car that expensive in my life.”
The list price is about $435,000 more than the Grand Sport’s base MSRP, but this is no base car and its price has no typo. This car is a Yenko modification, which, for the 2017 model year, skyrocketed the Grand Sport from 460 to 800 horsepower and 750 lb-ft of torque while also upping its displacement from 6.2 to 6.8 liters. The Yenko mod also gets what the stock 2017 Corvette Grand Sport never did, despite its pretty decals and colorful interiors: a supercharger.
For all of the people in the “more power” camp, that kind of makes the Grand Sport perfect—at least, in the case of a few people. Only 50 Yenko Grand Sports were modified for the 2017 model year.
This particular one, an automatic, happens to be the first of the 50 and only has 475 miles on the odometer, hence why it’s such a high price. (The car has “No. 1” decals and certificates all over it, which seem to be important to people with $500,000 in fun money to spare.)
If you’re wondering just how high that price is, base MSRP for the 2017 Grand Sport was about $66,000 for the coupe and $70,000 for the convertible. The Yenko mod was around $46,000 on top of the price of the car, making the total cost around $120,000. A Yenko pricing sheet on the Autotrader listing shows the mods on this one to have cost $51,185 total.
While it isn’t clear exactly how much the car cost its owner, it’s obvious that the sale price is way above that—probably by around $380,000, making the listing expensive enough to shock even some of the non-sales employees at the dealership. But a salesperson told Jalopnik the main reason behind the high price is that the car was No. 1 in the Yenko lineup.
The salesperson told Jalopnik the original, probably unoffiical asking price was, amazingly, even higher. It was apparently around $750,000, but was brought down to $499,900 later on. The Corvette is a consignment, meaning the owner and dealer work together to sell it while the owner typically has a big say on the list price.
There have also apparently been offers near the sale price this owner wants, meaning people might be willing to pay it.
Being first has its perks, it seems.