Surprising No One, GM Announces C8 Corvette MSRP Price Increase
It was expected that Chevrolet would increase the MSRP of the C8. Something to consider if your order hasn’t been submitted yet.
Corvette prices are a bit wild lately. There’s a sub-market of people buying and flipping C8’s for profit, such is their desirability. And it has been interesting to see how the new Corvette got into this predicament. Naturally, the first version of any car receives some excitement. But the C8 was an all new look at the Corvette brand. First comers who own a 1953 C1 could even get matching VINs on their new C8. But then this demand hit a fever-pitch when the pandemic came around. Resources for making the cars took a blow, and production was in question.
Thankfully things have calmed down. But on the other side of that tumultuous year, the C8 Corvette will officially be a bit more expensive. At least for orders placed after March 1st.
If your Corvette is currently being built, you can ignore this headline. However, if your dealership hasn’t submitted an order yet, you’re on the hook for an additional $1,000. According to AutoEvolution, we learn that this $1,000 increase will appear on all models across the range. Regardless if it is a base C8, a Z51, a convertible or coupe. Stick an extra grand on the price tag. So now, the cheapest Corvette you can buy is $60,995. Still not bad for a ride that essentially outguns the competition at a fraction of the cost.
We highly doubt that anyone placing an order will be upset, too. Especially those who are currently seeing their Corvette value increase exponentially. “Adjusted for market value” prices have made some C8 Corvettes trade hands for well over $100,000. All this hubris on C8 values might change though once the Z06 emerges. So investors beware. But it’s not just investors either. Even lottery winners saw the short end of the stick with “adjusted market value.”
Also mentioned by AutoEvolution – and relevant to anyone looking at ordering a new C8 – is a few changes coming to the interior. Specifically, that long strip of center console buttons. Rumor has it, that’ll be going away. But not until the 2023 model year.
Photos: AutoEvolution
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