C8 Corvette Has Already Sold Out, According to GM President
Your chance to order a 2020 C8 Corvette has already come and gone, and with it goes the impressively low-base retail pricing.
It seems that all the talk of the C8 Corvette’s amazing handling capabilities, features, and the remarkably low price worked out exactly how Chevrolet wants. The 2020 Corvette is officially sold out, according to GM North America president Barry Engle in a recent press statement. Seriously. In just a few short months, Chevy already has committed buyers for 40,000 of the mid-engine madhouses. If you’ve been on the fence about ordering one, we’re sad to inform you that you blew it.
Motor Trend brought this bittersweet news to us. We say bittersweet because we are happy Chevy sold them all, as it could mean good funding for further development of the chassis. However, we are a bit sad because, well, we missed it, just like you. Unless you didn’t miss it, that is. In which case, congratulations. We sincerely hope you enjoy your C8 and definitely are not extremely jealous.
Let’s take a look at the bright side first, shall we? Disregarding the fact that Chevy is losing money on base C8s, these sales should be generating some revenue. Therefore, we might just be seeing news on even more performance-oriented models of the C8. We already have an abundance of rumors to look forward to. The Z06 is said to have a DOHC twin-turbo V8, and the ZR1 rumors say it will have a hybrid-like electric assist and make over 900 horsepower. That puts it in a very similar category to the likes of the Porsche 918 Spyder, but for likely about a million dollars less. If we have to miss out on the first run of C8s to see this happen, so be it.
What is truly astonishing is the numbers at hand. It’s hard to comprehend 40,000 Corvettes, but we’ll try to put it in perspective. Last year, just 18,791 C7 Corvettes found buyers. That means C8 sales are well over double that of the C7’s final year of sales. We know what you’re thinking, though. The C7 is a bit dated anyway, and it’s fairer to consider the 2014 sales since that’s the first year the C7 was available. Well, you’re right. 34,839 C7 Corvettes were sold in 2014. That still falls over 5,000 short of the 2020 Corvette sales. Additionally, we don’t doubt for one second they would sell thousands upon thousands more if they allowed more to be ordered for the 2020 model year.
Overall, this is great news. The Corvette is causing all the excitement Chevy could hope for. Now, all they have to do is start delivering them. We already know this has been no easy task for them, but as of late, things seem to be going relatively smoothly.
We look forward to the future of the C8 chassis. It’s already great, and we foresee it only getting better.
Photos for LS1 Tech by Derin Richardson
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