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Stolen Corvette surfaces from Morena storage unit 24 years later

Cops okay eBay auction?

An extensive detailing to remove a quarter century's worth of dust returned the red ragtop to cherry condition
An extensive detailing to remove a quarter century's worth of dust returned the red ragtop to cherry condition

A 1989 Chevrolet Corvette that was stolen from a Morena car dealership when new was for sale on an eBay Motors auction this week.

The Corvette was reportedly taken off the C&M Chevrolet lot and kept inside a nearby storage locker for 24 years. Still completely original, the car’s odometer reads 67 miles, and the original sales sticker remains affixed to the glass.

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The thief recently came forward, reportedly through an attorney, and was cleared by the San Diego police to sell the car (whether this was due to a statute of limitations expiring is unclear). The thief allegedly paid an estimated $70,000 in storage costs over the years. Comparable used models of the same year vehicle are now valued at less than $10,000.

The “truly amazing find” is now owned by a Sherman Oaks dealer, Corky Rice. Following extensive detailing work to remove a quarter century's worth of dust, the red ragtop is in cherry condition once again and described as “a collector’s dream.”

The eBay no-reserve auction for the car closed at noon on Sunday, receiving over 70 bids. The winner’s closing bid of $39,471 was noted as equal to the car’s original retail sale price.

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An extensive detailing to remove a quarter century's worth of dust returned the red ragtop to cherry condition
An extensive detailing to remove a quarter century's worth of dust returned the red ragtop to cherry condition

A 1989 Chevrolet Corvette that was stolen from a Morena car dealership when new was for sale on an eBay Motors auction this week.

The Corvette was reportedly taken off the C&M Chevrolet lot and kept inside a nearby storage locker for 24 years. Still completely original, the car’s odometer reads 67 miles, and the original sales sticker remains affixed to the glass.

Sponsored
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The thief recently came forward, reportedly through an attorney, and was cleared by the San Diego police to sell the car (whether this was due to a statute of limitations expiring is unclear). The thief allegedly paid an estimated $70,000 in storage costs over the years. Comparable used models of the same year vehicle are now valued at less than $10,000.

The “truly amazing find” is now owned by a Sherman Oaks dealer, Corky Rice. Following extensive detailing work to remove a quarter century's worth of dust, the red ragtop is in cherry condition once again and described as “a collector’s dream.”

The eBay no-reserve auction for the car closed at noon on Sunday, receiving over 70 bids. The winner’s closing bid of $39,471 was noted as equal to the car’s original retail sale price.

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