One of the conclusions which almost everyone who’s driven the 2014 Corvette Stingray draws is just how much of a performance bargain it is. There aren’t too many other ways to get yourself into a 450 horsepower car for $51,000. But according to Corvette Blogger, the new ‘Vette’s irresistibly good price has led demand to outpace supply.
The Bowling Green Assembly plant is already churning out Corvettes as quickly as it can, so to help meet supply, Chevrolet has raised the prices of both the Corvette Stingray Coupe and Convertible by $2,000. The base price for the Coupe will now be $53,000 with the Convertible’s price jumping to $58,000. The price of the Z51 performance pack will also rise $1,200 for a total cost of $4,000.
The pricing increase went into effect on Monday March 3, with dealers being notified of the change on Tuesday through an internal memo sent by General Motors.
“Customer demand for both Stingray models and especially the Z51 has exceeded expectations and we are trying to meet that demand,” a representative from Chevrolet told Corvette Blogger. “Customers who have an order in the system are not subject to the price increase.”
A Chevrolet dealer also told Corvette Blogger that only cars built after March 3 are subject to the pricing change. So any Corvettes a dealer has on hand that were built prior to the announcement will still be sold for the original asking price.