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Liars, Fakers, and Half-Truth Tellers…

Friday, January 13th, 2012

consists of a list of Corvettes by VIN number that are not what they appear to be. This list continues to grow as we visit auctions and large Corvette shows. Many were either Red or Black Corvettes that probably started out life in less desirable colors as they had repro trim tags. Our Fakers list now has over 450 entries and is not shared with the public. I hope your recent Corvette purchase is not on the list! Authenticate before you bid or buy!! Direct comments to terry@proteamcorvette.com

Who do you trust?…

Monday, August 8th, 2011

A report released by the BBB (Better Business Bureau) categorized nearly a half million complaints into 70 different categories over a 12 month period. The niche market vacuum cleaner service received the fewest complaints (1,244) where as much maligned remodeling contractors were all alone at the top with 33,125 reports. Auto Repair (7,664), Finance Companies (5,921), Attorneys (4,628), accountants (3,909), financial planners (3,771), and bankers (3,246) all appear in the top half of the list. Used car dealers rank below local charities in the complaint department, albeit just one spot, sitting in the 42nd (2,638) position. We would like to think it was a testament to hard work in an industry that often finds itself in no win situations. We would like to think this downward trend will put us in the neighborhood of the chimney sweep (1,442) twelve months from now but only time will tell. What we can guarantee is at ProTeam, we will continue to work to make your Corvette buying experience exceptional so you can answer the question of “Who do you trust?” with an ecstatic “ProTeam Classic Corvette.” Comments, email: terry@proteamcorvette.com

Comparison Shopping…

Saturday, March 5th, 2011

is not easy as not all Corvettes were created equal and not all Corvettes are restored equally… What is important to you?
A) just price?
B) VIN tag and attachments?
C) body/trim tag?
D) engine stamp pad?
E) body repairs?
F) documentation?
G) Bloomington/NCRS awards?
H) transmission?
I) rear end?
J) color combination?
Legitimate cars with legitimate components and legitimate documentation are becoming harder to find. Did you know that there is a database of Corvette VIN numbers (over 400) that are not legitimate and most information came from inspections of these cars at collector car auctions or judged events?

How does one compare the value of a black 1967 with a blue 1967 when GM made so few black Corvettes in 1967? Did you know that option combinations make certain legitimate Corvettes very hard to find and desirable?

Who does your due diligence and pre-purchase inspections? Are they qualified? Do they know the difference between real and memorex? How do you compare one Corvette on eBay or an auction TV show (if you’re not there) with another? Comments, email: terry@proteamcorvette.com

The Next Decade…

Monday, February 14th, 2011

will be an interesting episode in the Corvette hobby and especially for those of us who have made their income exclusively from that hobby for almost 40 years but before we look forward lets look back at the last decade of which I prefer to forget and put way behind me… why? Well, lets look at some of the last decade’s highlights and headlines:
a) tech boom/bust
b) 9-11-09
c) War in Afghanistan
d) War in Iraq
e) residual effect of NAFTA
f) many relatives passed
g) Ponzi schemes
h) Wall Street musical chairs
i) real estate run-up and bust
j) 2008 gas pump price reality meet speculation
k) Fannie/Freddie collapse/Bailout
l) AIG Collapse/Bailout
m) TARP (Troubled Asset Relief Program) Funds
n) CPP (Capital Purchase Program)
o) Stimulus Packages
p) Cap and Trade Green Energy Tax
q) Clash for Clunkers
r) Impending Global Warming Disaster?
s) Washington’s continued aid and abetting of business greed and corruption
… do I need say more?
My list of events probably has effected the lives of every American in some form or fashion and as we look forward to the challenges and rewards of the next decade, I can only speculate that successful entrepreneurs, business owners, and Joe Q Public will be less inclined to reward themselves with second homes, planes, Corvettes, and other luxury items unless, of course, it is kept from view of their neighbors, employees, and newly born government agencies that will be there as a luxury oversight entity. NO QUITE DONE YET! HELP!! I am sure that the above will guarantee much comment of which can be emailed to: terry@proteamcorvette.com

Buy… Sell… Trade… or Dream… Just about every Corvette owner I know, including me, started out as a dreamer and probably with magazines like Hot Rod, Motor Trend, Road & Track, Super Chevy among others, when we were still in school. Remember Miss Hurst and Linda Vaughn?… and 99% of us could not afford a Corvette until later in our lives. We worked hard and with success, we became buyers. Life sometimes got in the way and we became sellers. In a decade that will have historians and novelists wondering how the hell we made it through in one piece, we became survivors. Now, after taking a collected breath and a well deserved break from the doom and gloom, isn’t it time we become dreamers again? Remember, I’ve got your dream right here. ProTeamCorvette.com

Michaelis Discusses a Decade of Top Corvette Sales

Wednesday, October 27th, 2010

VETTE Magazine asked leading experts to give their thoughts on the top sales and Corvettes from the last 10 years.
Read More

Terr L. Michaelis, ProTeam President

T. Michaelis in his natural habitat among the world class Corvette collection at ProTeam

Terry Michaelis on Selection Committee for The “Exclusive” Great Hall

Tuesday, June 1st, 2010

or What Do These Names Have in Common… Terry Michaelis of Napoleon, Ohio and Hall-of-Famer Reggie Jackson”Mr. October”

Napoleon, Ohio – - Terry Michaelis, president of ProTeam Classic Corvette Collection, has been named to the selection committee for Bloomington Gold’s The Great Hall, ie: Hall of Fame. Terry is in good company as some of the biggest names in the hobby sit on the eight member committee, among them is baseball hall-of-famer Reggie Jackson who is also a Corvette collector. Over the next five years, the committee will submit 50 of the hobby’s most significant Corvettes and 50 of its most influential people that pioneered the Corvette phenomenon for induction to The Great Hall.

Bloomington Gold USA founder, David Burroughs, decided to put together a select brain trust to find the Corvettes and the people that have influenced and shaped the sport. A selection committee will name ten people and ten cars each year for the next five. The inaugural Great Hall class will be announced at the Bloomington show in June. The Great Hall’s selection committee runs independently of Bloomington Gold making this more than a marketing gimmick for the annual show. Burroughs would like The Great Hall to “serve as a document that puts the Corvette phenomenon into print and serve as a historic document.”

Terry Michaelis has been a recognizable figure within the classic Corvette hobby for 38 years. His lifelong connection to these Corvettes and the people passionate for these cars made him a natural for the The Great Hall selection committee. “The Corvette phenomenon was and is driven by passion and the love of the marque with many milestones along the way but  it is more than just about the car.” Michaelis continued, “Bloomington has always been about connections. It’s renewing friendships. Reminiscing. First and foremost, it is the people that have chartered the course to the point of ‘The Great Hall’.”

Michaelis purchased a 1964 Corvette in 1971 and never looked back. Over the decades he has became synonymous for his over-the-top promotions and his encyclopedic knowledge of the Corvette. In 1987, he and his brother Fred opened ProTeam Corvette in Napoleon and are owners of the largest collection of classic Corvettes in the world. He’s bought and sold over 10,000 Corvettes in nearly four decades with a current collection boasting several 1953 Corvettes, some 30 iconic 1967′s, a stable of coveted L88′s, and two GM Styling cars, one of which he was recently seen on Discovery Channel bidding to a successful purchase of $925,000.00.

Bloomington Gold USA will mark its 38th annual show on June 25th-27th, 2010. It has become a mecca for Corvette enthusiasts worldwide. It pays close and continual attention to both the die hard hobbyist and the everyday fan. An award from Bloomington carries much weight within the Corvette set, moreover, past Special Collections have generated unrivaled buzz within all collector car circles. These examples and much more have made Bloomington Gold the longest running national Corvette show. It has become affectionately known as “The Granddaddy of all Corvette shows”. For more information, go to BloomingtonGold.com

ProTeam Classic Corvette Collection and Sales, based in Napoleon, Ohio, showcases the largest inventory of classic Corvettes in the world. More than $10 million worth of Corvettes are displayed in 60,000 square feet of showrooms and restoration facilities with over 100 classic Corvettes on display at any time. In addition, ProTeam offers more than 10,000 sq. ft. of used, new and hard-to-find parts. For additional information, write to ProTeam Corvette  • PO Box 606 • 1410 North Scott Street • Napoleon, OH 43545 • toll free: 888-592-5086 • For more information, email: beth@proteamcorvette.com or go to ProTeamCorvette.com

’09 Show Awards for ProTeam- 52 Awards in ’09

Monday, January 4th, 2010

This is an impressive list from a most impressive collection:
April 2-4, 2009 • NCRS Top Flight • 1969 L88 Green • Chapter
April 23-25, 2009 • NCRS Top Flight • 1981 VIN #72 • Regional
April 23-25, 2009 • NCRS Top Flight • 1969 L88 Green • Regional
April 23-25, 2009 • NCRS Nomination for Bowtie • 1969 L88 Green • Regional

May 2-3, 2009 • Keels & Wheels Concours d’Elegance Best in Class • 1968 L88 Red

June 5-6, 2009 • NCRS Top Flight • 1953 Corvette VIN #39 • Chapter
June 5-6, 2009 • NCRS Top Flight • 1953 Corvette VIN #268 • Chapter
June 5-6, 2009 • NCRS Top Flight • 1967 Red 435 • Chapter
June 5-6, 2009 • NCRS Top Flight • 1968 L88 Red • Chapter
June 5-6, 2009 • NCRS Second Flight • 1969 Black 435 • Chapter
June 11-13, 2009 • NCRS Top Flight • 1967 Black 400 hp Air • Regional
June 11-13, 2009 • NCRS Top Flight • 1968 L88 Red • Regional
June 25-27, 2009 • Bloomington Gold • 1953 Corvette VIN #93 • National
June 25-27, 2009 • Bloomington Silver • 1953 Corvette VIN #39 • National
June 25-27, 2009 • Bloomington Silver • 1953 Corvette VIN #268 • National
June 25-27, 2009 • Bloomington Silver • 1967 Red 435 • National
June 25-27, 2009 • Bloomington Special Collection • 1968 L88 Red • National
June 25-27, 2009 • Bloomington Special Collection • 1969 L88 Yellow • National
June 25-27, 2009 • Bloomington Survivor • 1969 L88 Green • National
June 25-27, 2009 • Bloomington Gold • 1969 L88 Green • National
June 25-27, 2009 • Bloomington Benchmark • 1969 L88 Green • National
June 25-27, 2009 • Bloomington Survivor • 1970 LT1 Grey • National
June 25-27, 2009 • Bloomington Silver • 1970 LT1 Grey • National
June 25-27, 2009 • Bloomington Special Collection • 1971 LS6 Export • National
June 25-27, 2009 • Bloomington Survivor • 1972 Convertible • National
June 25-27, 2009 • Bloomington Gold • 1972 Convertible • National
June 25-27, 2009 • Bloomington Benchmark • 1972 Convertible • National
June 25-27, 2009 • Bloomington Survivor • 1981 VIN #72 • National
June 25-27, 2009 • Bloomington Gold • 1981 VIN #72 • National
June 25-27, 2009 • Bloomington Benchmark • 1981 VIN #72 • National

July 12-17, 2009 • NCRS Top Flight • 1967 Black 400 Air • National
July 12-17, 2009 • NCRS Top Flight • 1968 L88 Red • National
July 12-17, 2009 • NCRS 4-Star Bowtie • 1969 L88 Green • National

August 28-30, 2009 • Carlisle Race Car Reunion Invitational • 1965 Suisse Racer • National

September 16-20, 2009 • NCRS Top Flight • 1967 Red 435 • Regional
September 16-20, 2009 • NCRS Performance Verification • 1969 L88 Green • Regional
September 16-20, 2009 • NCRS Bowtie Display • 1969 L88 Green • Regional
September 16-20, 2009 • NCRS Top Flight • 1972 Convertible • Regional
September 16-20, 2009 • NCRS Nomination for Bowtie • 1972 Convertible • Regional

October 10, 2009 • NCRS Second Flight • 1961 Fuelie RPO-687 • Chapter
October 10, 2009 • NCRS Top Flight • 1993 ZR1 • Chapter
October 10, 2009 • NCRS Bowtie Display • 1969 L88 Green • Chapter
October 15-17, 2009 • NCRS Top Flight • 1964 White Coupe • Regional
October 15-17, 2009 • NCRS Performance Verification • 1972 Convertible • Regional
October 15-17, 2009 • NCRS Bowtie Display • 1969 L88 Green • Regional

November 20-21, 2009 • Corvette Nationals L88 Invitational • 1968 L88 Red • National
November 20-21, 2009 • Corvette Nationals L88 Invitational • 1968 L88 Blue • National
November 20-21, 2009 • Corvette Nationals L88 Invitational • 1969 L88 Green • National
November 20-21, 2009 • Corvette Nationals Triple Diamond Award • 1972 Convertible • National
November 20-21, 2009 • Corvette Nationals Concours Gold Certified • 1968 L88 Red • National
November 20-21, 2009 • Corvette Nationals Concours Silver Certified • 1968 L88 Blue • National
November 20-21, 2009 • Corvette Nationals Concours Silver Certified • 1969 L88 Green • National

If you want more information on the Corvettes? Go To Click to continue »

Celebrity Pick at Carlisle…

Tuesday, September 8th, 2009

It was an honor to be asked to be a celebrity judge at the recent Corvettes at Carlisle show and the choice was a hard one considering there were about 3,000 Corvettes to choose from. After walking row after row of mostly C4, C5, and C6′s or restored C1′s, C2′s, and C3′s, I came across an original, unrestored, unmolested black 1963 coupe that was in excellent condition making his decision, finally, easy!!! Congratulations to Jeff and Angela Boldosser for preserving a great original car and sharing it with almost 60,000 attendees at one of North America’s premier Corvette shows.

Monterey Madness…

Tuesday, September 8th, 2009

When Bad Data is Good News and $118.7 million is Pretty Good! Five auctions in three days sold 558 classic cars. The average price was $212,711.00 per unit. 67% of the cars crossing the block went home with new owners. However, when compared to 2008, the numbers look a bit scarier, ie: nearly $139 million in sales in ’08, 70% sold, average price was $367,000.00 (+). All told there was a 17% decrease in sales from this year to last. The numbers don’t reflect the real story though. Experts, garage mechanics, and weekend warriors have all been reading the tea leaves for twelve months and they knew what would happen. There were no surprises and some real highlights like the $7.25 million paid for the Shelby Cobra. There was no speculating or nay-sayers just real bids for real cars and this is the real news out of Monterey for the collector car market and the enthusiasts who inhabit the hobby. Email: terry@proteamcorvette.com

Shelby Cobra Brings $7.25 Million…

Tuesday, September 8th, 2009

At Mecum’s inaugural Monterey, Ca. event, the storied 1965 Daytona Shelby Cobra Coupe established a new standard by which all future classic car sales will be set. Racing’s crown jewel and Carroll Shelby’s capstone went for $7.25 million. This car was one of the six purpose built by Shelby as Ferrari killers. This particular car, CSX2601, clinched the 1965 World Manufacturers Championship and Shelby American in France each with legendary driver Bob Bondurant at the wheel. The  sale of this car has added to a ripple effect of cars with historic provenance coaxing the classic car market back to life. These auctions, car shows, cruise-ins, and Saturday afternoon’s in the driveway remind us all that no one regrets investing in a great classic car. This Shelby Cobra may just bring sexy back to American muscle. Email: terry@proteamcorvette.com