$270K Corvette Sold At Charity Auction In Arizona [Photo]

A 1958 Chevrolet Corvette was sold for $270K at a charity auction in Scottsdale, Arizona on Friday.

$270K Corvette (Photo: GM)

The unique Chevy was a personal car of General Motors chairman and CEO Dan Akerson before it found a new owner at the Barrett-Jackson Scottsdale collector car auctions late Friday.

All proceeds from the sale will go to Habitat for Humanity Detroit and its efforts to rebuild and revitalize the Morningside Commons neighborhood on the city’s lower east side.

"The 1958 Corvette is a great example of American passion and ingenuity, and my hope is that the auction will help bring attention and resources to Habitat’s efforts to revitalize a historic Detroit neighborhood," said Akerson. "I love this Corvette, and if putting it on the block can help rebuild the heart and soul of a neighborhood, I am all for it."

Powered by a 245-horsepower V-8,  the Regal Turquoise Corvette included new body panels, a new instrument panel and new upholstery.  External distinguishing features included dual headlamps – a Corvette first – and twin chrome trunk spears.  In a sign of changing times 54 years ago, safety belts were factory installed for first time. Chevrolet built 9,168 Corvettes for the 1958 model year, but only 510 were painted Regal Turquoise.

Along with the $270K Corvette, four other Chevy cars got bidders rolling at Barrett-Jackson, including a 2012 COPO Camaro Convertible (sold for $400K), celebrity chef Guy Fieri’s personalized 2013 Corvette 427 Convertible Collector Edition (sold for $270K), a 2013 Camaro ZL1 Convertible (sold for $150K), and a 2014 Corvette Stingray (sold for $1.05M).