The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

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Thread: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

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    The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year
    https://www.msn.com/en-us/autos/auto...cid=spartandhp

    8/19/2019
    Motor Trend Staff


    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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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Not surprising...

    I wonder if this is what GM hopes to do with the CT4 and CT5. Though the Corvette is a somewhat different scenario - it is a true supercar that competes with $300k vehicles, there is nothing even remotely close to the Vette's price. And the Vette has a huge following.

    But, it is a good way to build a reputation for Cadillac's cars. I was for comparable pricing to the Germans with the ATS/CTS but offering more features. However, clearly that didn't work.

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Yup, I paid the higher $53,995 for my base model 2014 Stingray as I had to order mine as no dealers even bothered stocking base models, nor had enough allocation to do so.
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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by tripowergto Jan2003 View Post
    Yup, I paid the higher $53,995 for my base model 2014 Stingray as I had to order mine as no dealers even bothered stocking base models, nor had enough allocation to do so.
    Ordering is no big deal, and the price is still a bargain, isn't it? A lot better than what you'd have to pay or do if you ordered a Tesla. And yet no Tesla fans complains about not having one in Tesla's showroom...... I know it will take time to build the stocks in showrooms, but other manufacturers also have that problem when they have a hot new vehicle. Let's hope the waiting is not too long.
    Last edited by Al465; 08-20-2019 at 10:18 AM.

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by Al465 View Post
    Ordering is no big deal, and the price is still a bargain, isn't it?
    Yup, once I found allocation. Built the final week of 2014 model production which also netted me true employee pricing due to the Cobalt/HHR ignition recall.
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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by Al465 View Post
    Ordering is no big deal, and the price is still a bargain, isn't it? A lot better than what you'd have to pay or do if you ordered a Tesla. And yet no Tesla fans complains about not having one in Tesla's showroom...... I know it will take time to build the stocks in showrooms, but other manufacturers also have that problem when they have a hot new vehicle. Let's hope the waiting is not too long.
    The good thing is, even if GM doubled the price they'd still undercut the competition by a wide margin.

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    So ... the price might go up?

    Wow, that's just like every other car out there! Madness!
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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    In other news...the sun will set in the West tonight

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Simple, Supply vs. demand. The Corvette has had so much press it should sell out in a heartbeat (yes, pun intended ). It should still sell out even if the price goes up by say 10% because there will be those who missed out on the first year or don't want those first year bugs who will buy the 21'.

    At less than 10,000 units rolling out of Bowling Green yearly, it should be sold out for a couple of years, even if the price were to double over that time period.

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    The surprising thing isn't that the price will go up in year 2. The surprising thing is that GM is selling any base models at launch at all. They should be selling some "Launch Edition" or some other limited-run special editions with an inflated price. The car would still sell out just as easily.
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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by CaptainDan View Post
    So ... the price might go up?

    Wow, that's just like every other car out there! Madness!
    And those who thought the price was going down for 2021 are..................???????

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by Let Them Fail View Post

    At less than 10,000 units rolling out of Bowling Green yearly, it should be sold out for a couple of years, even if the price were to double over that time period.
    I highly doubt they will on ly build 10,000 of the 2020 Corvette! If that's all they build of it, especially with all the hype and pent up demand, they are fools!

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by Let Them Fail View Post
    Simple, Supply vs. demand. The Corvette has had so much press it should sell out in a heartbeat (yes, pun intended ). It should still sell out even if the price goes up by say 10% because there will be those who missed out on the first year or don't want those first year bugs who will buy the 21'.

    At less than 10,000 units rolling out of Bowling Green yearly, it should be sold out for a couple of years, even if the price were to double over that time period.
    I believe around 27K rolled out for the 2019 year. 2018 was a weird short production year and only did around 10K. I have seen Kerbeck has closed preorders indicating they are sold out for 2020 MY. They are taking reservations for 2021MY already. As I have said before, I expect 2020 will be sold out before a single one is delivered. If I could actually see one in person and I liked it, my name would be on the list. My problem is the tour doesn't get to TX till October, and I expect by then, the 2020 window will have closed.

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by Vagon11 View Post
    I believe around 27K rolled out for the 2019 year. 2018 was a weird short production year and only did around 10K. I have seen Kerbeck has closed preorders indicating they are sold out for 2020 MY. They are taking reservations for 2021MY already. As I have said before, I expect 2020 will be sold out before a single one is delivered. If I could actually see one in person and I liked it, my name would be on the list. My problem is the tour doesn't get to TX till October, and I expect by then, the 2020 window will have closed.
    I assume a LOT of buyers are pre ordering sight unseen so they CAN get one
    I am surprised / disappointed there is NOT a launch edition as I believe this is as big as the "gladiator" is BUT WAY more volume constrained

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    Re: The C8 Chevrolet Corvette Starts Under $60K…But Only for the First Year

    Quote Originally Posted by richmond2000 View Post
    I assume a LOT of buyers are pre ordering sight unseen so they CAN get one
    I am surprised / disappointed there is NOT a launch edition as I believe this is as big as the "gladiator" is BUT WAY more volume constrained
    The road show has started, and I suspect as people have seen them, they are sticking their names on the list. Before it was available, there were already alot of names on the list. And as I said, the show does not get to me until october. And I am not ordering until I can at least see one and preferably sit in one. I am 6'5, and while I have fit in a C5/6/7, the 8 is so different I want to make sure. I'm pretty light (170) but have a long torso and what I hear is legroom is generous, torso not so much.

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