Wednesday, November 21, 2012

FOXNews.com: GM boss Dan Akerson selling classic Corvette for charity

FOXNews.com
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GM boss Dan Akerson selling classic Corvette for charity
Nov 21st 2012, 15:52

If you ever wanted to own the car of a CEO, now's your chance.

When Dan Akerson took the top job at General Motors in 2011 he also took on the trappings of his new home by treating himself to a mint 1958 Chevrolet Corvette Corvette hardtop convertible.

As he tells it, the Regal Turquoise and white sports car was the fulfillment of a childhood dream, as he had hoped to get a Schwinn Corvette bicycle for Christmas in 1958.

His car is among the rarest of the Corvettes, with only 419 made, and less than that in this color combination. It's powered by a 245 hp V8, has a four-speed manual transmission, and now it can be yours, for a good cause.

Akerson is selling the car for charity at the Barrett-Jackson Scottsdale auction in January, with the proceeds going to Habitat for Humanity to help rehabilitate the Morningside Commons neighborhood near GM's downtown Detroit headquarters.

According to the Hagerty Price Guide, a top notch Corvette like this usually goes for up to $118,000, but given the particular provenance of this one, the charity aspect and the premium prices often drummed up during the frenzy of an auction, there's a good chance the high bid will likely be much higher than that.

Photos: Chevrolet Corvette logos through the years

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