Australian 2022 Corvette Sells for a Cool Quarter-Million at Auction

With supply low and demand high, this right-hand-drive 2022 Corvette sold for an incredible sum at a recent auction.

The C8 Corvette has been a red-hot item since it launched a few years ago, and thanks to all sorts of constraints, supply has yet to catch up with demand. That means it still isn’t incredibly easy to get one’s hands on a new Corvette, without paying some sort of premium to do so, that is. However, our friends in other parts of the world have it even harder, as there are far less right-hand-drive Corvettes in existence, and it’s costly to purchase one even directly from the automaker in places like Japan and Australia. But that still doesn’t seem to justify the selling price of his 2022 Corvette at a recent Lloyd’s auction.

When the hammer fell, this 2022 Corvette sold for an incredible sum – $255,000 – which is eye-watering money in anyone’s book, save for the wealthier types. But in all fairness, the C8 is the very first Corvette that GM is making right-hand-drive examples of, which means that buyers in several countries don’t have to resort to conversions so they can drive on the proper side of the road. That whole process is handled by GM Specialty Vehicles (GMSV), but that doesn’t mean there are a ton of RHD Corvettes to go around.

In fact, GM only shipped 240 units to Australia at first, and noted that it would send another 100 or so at a later date. A couple of years later, many enthusiasts are still waiting for theirs, as just 93 have been delivered thus far in 2022. This situation creates somewhat of a perfect storm for those looking to make a quick buck, and that was precisely this case with this quarter-million dollar 2022 Corvette 3LT coupe.

In all fairness, the original asking price on this particular vehicle was pretty high to begin with – $160k, but the new owner will still need to dish out more money to pay for tags, title, and taxes, which could push its total cost closer to $290k. A truly staggering sum, indeed, but when you live in Australia and simply have to have a C8 right now, that’s apparently the price you have to pay at the moment.

Photos: Lloyd’s Auctions

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