First 2016 Cadillac CT6 And 2015 Chevy COPO Camaro Head To Auction

Two General Motors Company [NYSE:GM] vehicles with serious potential for future gains in value will go under the hammer this weekend at a Barrett-Jackson auction in Palm Beach, Florida. But collectability is just one of the factors set to drive up bids; another is the fact that full proceeds from the sale of both vehicles will be donated to charity.

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One of the vehicles is the first retail example of the all-new 2016 Cadillac CT6. The CT6 is the American luxury brand’s new range-topper, and the first of its models to be based on GM’s Omega platform for large, rear-wheel-drive cars. It made its debut earlier this month at the 2015 New York Auto Show and now the first one is set to be auctioned off.

The winning bidder will receive a letter of authenticity, the choice of color, and personal delivery by GM design chief Ed Welburn at the automaker’s design center in Warren, Michigan. Proceeds from the sale will go to support the Karmanos Cancer Institute, which GM has been a long-time supporter of. Recently, the GM Foundation donated $500,000 directly to the cancer patient care and research institute.