The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year
GM shocked the automotive world when it announced that the mid-engine 2020 Chevrolet Corvette Stingray would start under $60,000. True to its word, Chevy recently released full pricing details on the C8 Corvette, revealing a starting price of $59,995 including destination charge. That makes the mid-engine Corvette a huge bargain, but according to our intel, that brag-worthy base price won't last long.
A well-placed source revealed to MotorTrend that the sub-$60,000 base price would only last for the first model year. For 2021, you can expect to see a price hike. Just how much of a hike? Back in 2013, the 2014 Chevrolet Corvette launched with a starting price of $51,995—a number that was easy to swallow since it represented a jump of only $1,400 from the outgoing C6. But a few months into the C7 Corvette's inaugural year, Chevy raised the base price to $53,993, citing higher-than-expected demand. By the 2015 model year, the C7's starting price had risen to $55,995, a full $4,000 more than its original MSRP. Of course, it would've been hard to find a C7 for sticker price at launch anyway, but that's another story (one you can bet will repeat with the C8).
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