It won't be long before the mid-engined Chevrolet C8 Corvette will debut, ending the six-year production run of the C7 and marking the end of front-engined Corvettes. In fact, Chevrolet has already stopped selling the C7 Corvette in the US earlier this June.

To give the C7 a proper farewell, General Motors has auctioned off the final C7 Corvette ever produced at the Barrett-Jackson Auction. The final hammer price? A whopping Php 138 million (USD 2.7 million), sold to an anonymous bidder on the phone.

The final front-engined Corvette will be built as a 2019 model year Z06 and comes with the 3LZ trim package which features a plethora of leather inside the cabin, a performance data record and even some extra tech such as Android Auto and Apple CarPlay. Other exterior bits include a carbon fiber roof and front splitter. Meanwhile, the interior is dominated mainly by red leather seats. Under the hood, it uses the standard Z06 engine which is a 6.2-liter LT4 V8. The LT4 continues to produce 650 horsepower and 881 Nm of torque, sending power to the rear wheels via a 7-speed manual transmission.

Last Chevrolet C7 Corvette sells for Php 138 million at auction image

Now aside from it being the final C7 Corvette to roll off the production line, the auction price will also go to a good cause. All proceeds from the sale will go to the Stephen Siller Tunnel to Towers Foundation's Smart Home program which aims to give injured veterans mortgage-free homes in the US. Each home is specially built to cater to the service member's injury, featuring automated doors, lighting and the like.

With that, the buyer will not only be bringing home a piece of Chevrolet history but also be helping a foundation for veterans.