1967 Chevrolet Corvette L88 sells for $3.85 million

How much is to much? Barrett-Jackson Auctions 1967 Chevrolet Corvette L88 for $3.85 million

The Chevy Corvette is a pretty cool car, of course. But America’s sports car isn’t collected with such fervor as, say, just about any Ferrari, right? Well, perhaps not… but rare examples of the breed are gaining ground in the collector car market.

The 1967 Chevy Corvette L88 seen above sold at Barrett-Jackson for a somewhat staggering $3.5 million (plus an additional 10 percent in fees). Best we can tell, this is a new record for a Corvette at auction, with a ’67 L88 convertible selling in late 2013 for $3.2 million holding that title before.

It’s certainly a beautiful car, in a red on red color combination that is thought to exist only on this car. All told, Chevrolet sold just 20 L88 Corvettes in 1967, meaning this is an extremely rare machine. Check it out in our high-res image gallery above, and be sure to watch the video below showing the car’s time on the auction block.