The owner of a Penske truck lease has sold a Corvette to a former student athlete, who will be able to use it in the future.
John Kavanagh bought the Chevrolet Corvette for $4 million, which he says he’s owed to the student athlete.
“The driver will be given the privilege to use the Corvette in the near future,” Kavanah told the Courier-Journal.
“They’ll be able use it for their sports endeavors, and then, at the end of the day, we can buy a new one for them.”
The sale was made possible by the $50,000 loan Kavanag made to the young man, who has since graduated from the university.
“I have been in contact with the student and his family to let them know that I’ve sold the Corvette,” Kavaney said.
“I’ve let them in on my intention to do it, and I’ve got a good number of other offers that I’m looking at, but right now I’m focused on the lease.”
The Corvette has already had a long and illustrious history.
In 2008, it was a winner in the 24 Hours of Le Mans, which was won by Ferrari in 2011.
The Corvette, which had been owned by former NASCAR driver and NASCAR Hall of Famer Darrell Waltrip, won the prestigious Daytona 500 in 2016.
It’s also won several world titles, including the Rolex 24 At Daytona and the 24 hours at Daytona.
A former member of the United States Army, Kavanaghan has a knack for getting great cars to people.
He’s owned a Corvette and a Lamborghini and recently won a Rolex.
He says he was the only person in the dealership to have the opportunity to use his Corvette, and he’s proud to have a Corvette in his hands.
“When I came here, I was the first guy to have it,” Kavenagh said.
“This car is something special.
The Corvette has been my passion, and now I can have it for myself.
That’s what I’m most proud of, and that’s what people in the business are most proud to do.”