Are You Shopping for a C8 Corvette Right Now?
If you are, then you are likely curious as to its cost. While used models offer great bargains, the high demand for new C8 Corvette models has led dealers to markup prices; this can result in higher preowned vehicle costs.
How much is a C8 Corvette right now?
The starting MSRP for the 2023 Chevrolet Corvette Stingray Coupe is $65,895, including destination charge. The starting MSRP for the 2023 Chevrolet Corvette Stingray Convertible is $73,495, including destination charge.
However, due to high demand, many dealers are charging above MSRP for the C8 Corvette. The exact amount that you will pay for a C8 Corvette will vary depending on the dealer and the time of year.
C8 Corvette MSRP
If you want a high-performance sports car without spending more than $100,000, the C8 Corvette could be an attractive option. Its exotic-looking mid-engine design rivals those costing two or three times more.
Chevrolet’s mid-engine design is a revolutionary innovation for their brand and makes the Corvette faster and more athletic than ever, but comes at a significant cost; base prices have jumped from approximately $60,000 to $64,995, with higher Z06 models surpassing this figure by far.
Though the C8 Corvette remains one of the more cost-effective ways into the Corvette world, there are numerous customization options to make it more powerful and desirable – from installing new engines and transmissions, upgrading suspension systems and using lighter materials – not forgetting aerodynamic enhancements which could help increase speed on open roads.
The General Motors Corvette lineup offers an expansive variety of styles and options, but the two most sought-after body styles are coupes and convertibles – which account for most sales – both featuring removable roof panels for enhanced versatility.
Stingrays begin at approximately $60,000, but there are plenty of upgrades you can add to boost your budget. A Z51 Performance Package costs $6,345 and features an electronic limited-slip differential with 5.17 rear axle ratio, larger Brembo brakes, and performance suspension for increased driving pleasure.
For those seeking an upgrade in power, a C8 Z06 costs more than $130,000. As it provides top-of-the-line track-ready package options, however, not everyone may find this car suitable.
Though Corvettes can be pricey, their luxury and performance make the investment well-worth your while. You’ll enjoy driving one, designed and constructed for speedy driving experiences. To find something more affordable you could always opt for used C8 vehicles which typically sell for approximately $105,000 but occasionally offer great deals if you know where to look – either way it will make driving enjoyable. No matter which version of the C8 model you purchase it will remain an exhilarating and sporty driving experience that you will cherish driving every time!
C8 Corvette & Z06 Mark Ups
The Chevrolet C8 Corvette is one of the world’s hottest vehicles. Selling in high numbers despite production issues from General Motors (GM), demand has outstripped supply. Unfortunately, however, due to insane dealer markups some consumers were not able to obtain one due to high dealer costs.
A group of enthusiasts have joined forces to combat markups on C8s and restore them back to MSRP pricing. They created a forum thread to assist buyers find dealers willing to sell cars at or below MSRP prices.
They started this thread on August 1st of this year and have been updating it frequently since then, in order to compile a list of stores who sell cars at or close to MSRP without additional markups or commission.
Simple concept but it works: They have managed to recruit dealerships that won’t mark up Corvettes to sign on as participating members – effectively agreeing to sell at or near MSRP price.
Premier Chevrolet of Carlsbad, California stands out as being among the more affordable options with their C8 for sale listed at $106,395 including a deposit payment of $6,000. That figure nearly doubles that of an already expensive Z06 version.
Covert Chevrolet of Round Rock, Texas currently has a Z06 for sale with an excessive markup of $100,000. While this isn’t an unprecedented situation for dealers to offer C8s with such outrageous markups, it remains concerning nonetheless.
Motor1 reports that GM North American President Steve Carlisle has sent letters to dealers regarding these markups, calling out any who violate the Dealer Sales and Service Agreement that all dealers must abide by. Should this occur, GM could take measures such as redirecting vehicle allocation or taking other appropriate actions as detailed within this contract.
The letter also notes that these markups “reflect poorly on General Motors’ brands and your dealerships,” or in other words they don’t serve GM’s best interests – otherwise the C8 will continue being an expensive vehicle.
Also we have previously report on C8 Z06 mark ups shown by YouTubers on Video as well.
C8 Corvette Z06
At its launch, the C8 Corvette Z06 was one of the fastest production Corvettes ever. Boasting incredible power and speed while boasting some of the best looks of any sports car available today and being exceptionally affordable relative to American sports car models.
Just months after its release, prices of this sought-after model began to skyrocket due to dealer markups. Now one of the most expensive cars on the market today and no longer affordable to many consumers, the Z06 remains one of the ultimate automotive status symbols.
The Z06 is powered by a 5.5-liter naturally aspirated flat-plane V8 engine producing 670 horsepower and 460 pound-feet of torque, the highest revving Corvette engine ever. Furthermore, its dry-sump design maximizes power and torque output. In tandem with this powerful engine is an eight-speed automatic transmission capable of shifting down efficiently when needed.
This engine can produce so much power because it is lightweight, has a high revving redline and utilizes race-inspired technology. Furthermore, its dry-sump system helps it run more efficiently – saving both fuel and money!
Those looking to maximize the capabilities of their C8 Z06 may wish to consider upgrading with the Z07 package that includes track suspension, Brembo carbon ceramic brakes, Michelin Pilot Cup 2R ZP tires and enhanced underbody aero. This option costs $8,995 plus one of two carbon aero packages – either flash-painted or visible carbon fiber – available.
The Z06 features wider and stickier tires to enhance handling when cornering harder and stopping shorter. Furthermore, these tires are built to grip harder when meeting bumps or potholes, decreasing understeer and increasing stability when driving over them.
The Z07 package is an excellent option for those who want to go all-out on their Z06. Although slightly more costly, this upgrade gives more bang for their buck.
This offer represents an outstanding value for anyone searching for an attainable supercar on the market today. While this vehicle might not be efficient in terms of fuel consumption, its joyous ride makes for an excellent driving experience.
The E-Ray hybrid Corvette from General Motors (GM) marks GM’s inaugural hybrid car. Utilizing a 6.2L Small Block V-8 and front-wheel-drive system from its Stingray counterpart, its electric motor produces 655 combined horsepower – Chevrolet claims. Furthermore, this Corvette holds the record for reaching 60mph in just 2.5 seconds!
The base 1LZ coupe starts at $104,295, approximately $40K more than its Stingray coupe counterpart and $7000 lower than the Z06 convertible. Both coupe and convertible offer several customization features such as 14 colors, green-themed interior components, carbon fiber ground effects, and black trim trim – with 14 options offered across both vehicles.
Add convertible costs into account: these add an additional $7000 for 1LZ trim models and an extra $113,850 for 3LZ versions – making the E-Ray one of the more costly C8 Corvettes on offer but still a significant value compared to most supercars.
Chevy reports that their battery pack occupies very minimal storage space in their car’s traditional engine bay – only taking up an additional 0.1 cubic feet of room. Although this might sound like an immense weight burden, its capacity more than suffices to support all that additional power.
E-Ray boasts not only extra electric components, but also offers driver assistance technologies such as Lane Keep Assist with Lane Departure Warning and Forward Collision Alert as well as Stealth Mode which lets it run solely on electric power for short distances without alarming other drivers.
As with the rest of the C8 Corvette lineup, the E-Ray comes equipped with an impressive set of safety features such as rear parking sensors and blind spot monitoring. Furthermore, this vehicle comes equipped with Brembo carbon-ceramic brakes which offer more resistance against fading when performing aggressive braking maneuvers.
E-Ray will feature magnetic ride control adaptive suspension with three settings to better handle its high horsepower output. In addition, 20-inch wheels with Michelin Pilot Sport all-season tires, as well as summer tires for use when extra grip is necessary in warmer conditions will be standard features of the car.
Last weekend at Barrett-Jackson’s Palm Beach auction in Florida, the first electric Corvette made history when it sold for an astounding $1.1 million and proceeds will benefit DonorsChoose charity which supports public schools.