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GM Authority

2020 Corvette Price To Start Under $60,000

You read that right: the 2020 Corvette price will start under $60,000 when it goes on sale at the end of the 2019 calendar year.

The price point is for the base, we repeat base, 2020 Chevrolet Corvette Stingray without any packages or options. In that regard, the price continues the tradition of an iconic American design, performance, technical ingenuity and attainability with a no-compromise value proposition.

In other words, the new mid-engine layout, the naturally-aspirated 6.2L V8 LT2 engine mated to the eight-speed dual-clutch automatic transmission, 19-inch x 8.5-inch front and 20-inch x 11-inch rear wheels wrapped in Michelin Pilot Sport ALS will all start at under $60,000. How much under that amount is currently unclear, but we did hear “around $58,000” as being floated a very unofficial and very unconfirmed figure floating around the reveal event in Tustin, California. Again, that was not confirmed.

As a quick and gentle reminder, GM Authority consistently reported that 2020 Corvette price will remain fairly close to the levels of the C7.

We should also note that the base C8 Stingray otherwise known as the mid-engine Corvette or Corvette C8, will make slightly less than the 495 horsepower and 470 pound-feet of torque announced Thursday. That’s because the 495 horsepower and 470 pound-feet figures apply only to vehicles with the optional exhaust, which the base model will not be equipped with.

We will be back with a lot more about the new Corvette, so be sure to subscribe to GM Authority for more mid-engine Corvette news, Corvette C8 news, Corvette news, Chevrolet news and around-the-clock GM news coverage.

GM Authority Executive Editor with a passion for business strategy and fast cars.

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Comments

  1. I’m so glad to see GM making fair or decent price in their new cars. Starting from 20’s Camaro, Cadillac CT5, to this brand new C8, I can see GM is doing right thing. Hope they will fix their truck to the right way.

    Reply
  2. I can’t believe it. I’m very excited!!

    Reply
  3. Will those who now would not believe me and several others that Mid Engine does not have to cost over $100K

    To be honest GM looks to be beating my price estimate by $10K.

    Yes the options will add up fast but no faster than the present C7,

    Job well done GM.

    Reply
  4. Alex – two questions:

    1) Where does this new corvette platform fit on VSS?

    2) What is the purpose of that reverse scoop on the top of the roof?

    Reply
    1. By reverse scoop I presume your talking about the fin on the roof? The rear view mirror camera is mounted up there.

      Reply
      1. Thank you.

        Reply
    2. That reverse scoop(fin) on the roof is a Camera for the rear camera mirror.

      Reply
      1. well the other comments weren’t here when I originally posted. xD

        Reply
  5. Alex – one more question:

    3) Where are the OnStar and XM antennae?

    Reply
    1. It’s in the Rear Camera Mirror housing… the one just above the rear window.

      Reply
  6. I’m not much of a corvette person but i think this car is actually quite beautiful. Quite honestly, I’m more of a Camaro person. I would love to see the LT2 as the SS engine with 495/470, the LT1 6.2 455/455 to go in the current LT1 trim camaro, a 5.3L 355/382 V8 in the RS and a 2.7L 310/348 in the base camaro, while the LT4 would still reign in the ZL1. I’m seriously praying that they dont get rid of the Camaro at the end of the 6th Gen. I would love to see a redesign of the Camaro though. something more evolutionary 3rd gen with styling cues from the current one with better visibility.

    Reply
  7. A mid engine Corvette, zero to sixty in less than three seconds, and a base price of slightly below $60,000.

    GM has no real competition at this starting price level.

    Credit to GM Management for having the vision and then investing in the total project, in order to make this new mid engine an affordable reality.

    The competition must be stunned!

    Reply
  8. This is indeed the first and only GM vehicle I can honestly say that I love everything about! From the design and engineering to the starting price! GM delivered big time with the C8! Can’t wait to see what comes next!!!

    Reply
  9. Former GM Executive Bob Lutz was right as he came out and said there was no reason why the C8 Corvette couldn’t have a starting price of under $70K because while the car is completely new, the new Corvette will still be built essentially the same as how the C7 Corvette was being built and no reason why the car would cost the estimates some had given of being closer to $100K.

    Reply
  10. RIP 2020 BMW Supra.

    This thing is a modern day NSX (the original). Truly an incredible achievement to sell this thing under $60k

    Reply
  11. Guys at GM..

    Outstanding Job!

    Reply
  12. Not to take anything away from the genuine excitement of the C8 launch, but I have to admit that this GM launch stage program (seen streaming) pretty much only qualifies as a “Meh”.
    Noticed that enthusiastic applause only occurred spontaneously when the front end “lift” feature was announced.
    Otherwise, congratulations GM. The C8 is a winner.
    When is my convertible coming?

    Reply
    1. “When is my convertible coming?”

      “Stay tuned”… I was told yesterday.

      Reply
  13. the base C-8 will not be on the dealers lots and if you want one you will have to order and wait

    Reply
    1. Well, yeah, the Chev website has been saying available early 2020 for some time now.

      Reply
  14. So…mid-engine, targa-roof supercar with sub-three second 0-60 for, give or take, $20k less than a Shelby GT500? Yeah, they might sell a few of those!

    Reply
  15. Is there a time line for other models?

    Reply

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