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.