Scottsdale, Arizona – The first 2013 Corvette 427 Convertible Collector Edition sold for US$600,000 at the Barrett-Jackson Scottsdale collector car auction on Saturday.

The 427 Convertible, which goes on sale this summer, uses the 7.0-litre (427 cubic inch), 505-horsepower engine from the Z06 and is the fastest convertible in Corvette’s history. The car sold had a vehicle identification number ending in 001.

Chevrolet teamed up with Hendrick Motorsports for the auction and raised a total of $700,000 for the AARP’s Drive to End Hunger food relief program.

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