First And Final Chevrolet Corvette L88s Sold Together For $2.6 Million

l88s
(Mecum Auctions)
l88s
(Mecum Auctions)

That’s one way to start a car collection.

The first and last Chevrolet Corvette L88s were sold as a unique package together at the Mecum Auctions Kissimmee, Fla., event on Sunday for $2,585,000.

The 1967 Convertible and 1969 Coupe span two Corvette generations that were both offered with the L88 racing package.

Just 216 Corvettes were sold with the option across the three years it was available.

TUCKER 48 SOLD AT MECUM AUCTION FOR $1.87 MILLION

l88 first
(Mecum Auctions)

Along with competition grade brakes, suspensions and four-speed manual transmissions, the cars were equipped with a high output 427 cubic-inch V8 that was advertised at 430 hp, but really put out more than 500 hp. Chevy downplayed the official figure so it would stay something of a secret among racers.

1966 FORD GT MK1 HIDDEN FOR 30 YEARS SOLD FOR $6,930,000

l88 engine
(Mecum Auctions)

Only 20 L88s were built in 1967, making them the most valuable on their own. One was sold for $3,850,000 in 2014 still holds the record for the highest price ever paid for a Corvette.

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The market seems to have cooled since then, however, as the record car also crossed the block in Kissimmee on Saturday and received a high bid of $2,700,000, which was below its reserve price.