2002 Chevrolet Corvette Avelate
Offered by Auctions America | Auburn, Indiana | June 1-3, 2012
I guess it’s been more than a month, but a while ago we featured an aftermarket Corvette re-body from AAT. Well, this is another aftermarket re-body, but this time it’s from a company called Avelate Automotive.
The styling is tasteful, I think, and not school-boy garish – as the words “aftermarket re-body” generally lead me to think. Some people might ask “why? What’s the purpose of modifying the styling?” That’s a fair question – especially if it’s done by some random individual. The Avelate was penned by two men: one an automotive designer and the other a customiser.
There are Corvette touches on the redesign – among them a split rear window, reminiscent of the 1963 Coupe. This is one of 11 with the split window. A convertible and speedster were also offered. Only 27 were built in total at a cost of about $100,000 each. It has an 5.7-liter V8 (LS1) under the hood and, mechanically, it’s identical to a 2002 Corvette.
Estimated to sell for between $60,000-$75,000, this shows that there is a market for these late model “coachbuilt Corvettes.” With time, I dare to predict, these will become more and more collectible. Think of the limited edition aftermarket muscle cars of the 1960s. They’re now worth a pretty penny. You might think that, because it’s a 10-year-old Corvette, it will never be worth anything. But back in the late 60s a Yenko was just another car you could abuse at the drag strip. You never know what the future holds.
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Update: Not sold.
Update II: Not sold at Auctions America’s 2012 Auburn Fall Sale.