Surprise! 2021 Chevrolet Corvette Stingray Won’t Get Price Hike Motor Trend Staff 1 day ago
In big news for Corvette fans: There will not be a price increase for the 2021 Chevrolet Corvette Stringray. It's a silver lining in the production storm that battered the launch of the C8 that was reimagined as a mid-engine sports car after 50 years of longing by Vette enthusiasts.
That means the base price for the 2021 Stingray coupe, which was the 2020 MotorTrend Car of the Year, remains at $59,995 while the convertible stays pat at $67,495.
Customers will be able to order the 2021 C8s in late July. "We initially said we would start taking 2021 Corvette orders at the end of this month but, again, due to the plant being down for two months, we're adjusting that timing to late July," Juechter said. 2020 model production will also be extended through most of the year o try to fill as many existing orders as possible.
A Welcome Extension of a Surprisingly Low Starting Price
GM surprised the industry when it announced its long-awaited mid-engine car would start under $60,000, in keeping with the Chevrolet mandate to develop a sports car anyone could afford. That led to reports that the price would have to be hiked for the second model year.
MotorTrend talked to sources who said the impressive base price was only good for the first year, and that the true cost of the technically sophisticated car was about $20,000 higher and would have to be recouped at some point. GM was losing money on low-trim cars and hoping to make it up on higher trims and options. But the events of 2020 have put the price hike on hold. Historically we hike the price in the second year, when the car is still hot, but we're not going to do that, Juechter said.
Torch Red is the most popular color, followed by Arctic White, Black, and Sebring Orange. For interiors, jet black is the most requested, followed by black and red two-tone."