2020 Corvette Full Pricing Expected August 15th
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With the announcement of the all-new 2020 Corvette C8 last month, we learned a whole bunch of really exciting facts about the next-generation sports car. However, one thing we didn’t learn was exact pricing information, with GM President Mark Reuss merely stating that the MSRP would start under the $60,000 mark. Luckily, we won’t have to wait long to get all the nitty-gritty on how much this thing is gonna cost, as GM Authority has learned from dealer sources that full pricing info should become available on August 15th.
That means we’re just two weeks away from learning exactly how much cheddar will be needed to park this aspirational mid-engine beast at home, with details on pricing for the optional colors, wheels, styling components, and of course, the all-important Z51 Performance Package expected to be revealed on August 15th.
The date in question coincides with an expected rollout of pricing info to dealers, which makes sense, given the details will likely get announced to the public shortly thereafter, if not at the same time.
All told, we’re excited to learn all about the pricing info for the new 2020 Corvette. As with previous generations of the Corvette, the mid-engine C8 will offer impressive performance for the money.
Mounted just behind the cabin, the new 2020 Corvette is equipped with the naturally aspirated 6.2L LT2 V8 engine tuned to produce as much as 495 horsepower and 470 pound-feet of torque when equipped with the optional performance exhaust system. Power is sent to the rear axle via the new M1L eight-speed dual-clutch automatic transmission developed in collaboration with Tremec.
Properly motivated and equipped with the optional Z51 Performance Package, the 2020 Corvette will sprint to 60 mph in less than three seconds, making it the quickest base-level Corvette ever produced.
It’s an impressive setup, no doubt about it, but the fact the 2020 Corvette starts at less than $60,000 makes it even more so. That said, the new Vette is also offered with a huge number of options, as revealed by the online configurator, so we’re still waiting to see what kind of impact any of those options will have on pricing.
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The day of my birthday :O
There were talking heads which suggests that the C8 Corvette would be a bust because the starting price would be near $100K; but former General Motors executive, Bob Lutz, said he didn’t expect the C8 Corvette to be priced over $70K and was correct although one as to think a C8 Corvette ZR1 may reach $100K just as the C7 Corvette ZR1 is much more expensive than the base C7.
The price release August 15th is a looked forward to event. We all want to know what the real cost is going to be. I’m hoping that we don.t have to hold on to our socks, and pants at the same time.
The price of the new Vette of less than 60,000. Is nothing more than a SALES POI! A base price Corvettes are not going to be what a Corvette is meant to be , all you will basically getting will be the name on the car [ Corvette ]! To get a Corvette the car it was made to be with the options you will be spending over 80,000.!! All it is is a marking scam to say that the new mid engine Corvette is less than 60,000 —[59,999.99 ]!!!!!!! Watch an see ! GM did the same thing back in the 60s , sold new cars for x number of dollars which sounded like a good deal until the sales man wanted to know if you wanted a padded dash of the standard medal ,a radio, or no radio , AC was an option yes an option very very few days had AC IT WASNT STANDARD! White wall tires or black Deluxe hub caps or standard? There is many more options you could get, my point is the person buying an new Corvette just isn’t going to by a base CORVETTE, its not going to be a less than 60,000 car they will make it a a car that the CORVETTE is supposed to be through the over priced options ,80,000 PLUS!!
All manufactures have a price point in which you could purchase the ” entry level car “. There are many customers ( likely much like yourself) that can only afford the base model, and still want all the benefits that come along with driving a luxury car such as the new mid engine corvette( besides the fact that there is not really a ” base model” today Bob, the horse and buggy has been slightly upgraded). GM’s marketing team released the under 60k price point to build the hype up on the car as well, knowing very well, that the enthusiast’s, and also those that enjoy the finer things in life, will likely add a few of the up-gradable options to there liking. Essentially making a C8 close to the same price as a C7. To get a fully redesigned super car for a price point very close to the previous generation is the marketing ploy for volume ‘BOB’. But after reading your negative outlook on the thread, I would guess that you can find the negative point in most of your threads. WELL DONE GM!!! This will be a huge win! Wait a minute BOB, the Canadian allotment has already been filled by almost every dealer……looks like you miss out again.
The base price of $60,000 is spot on the mark. It’s an insignificant profit margin price. And who’s going to buy a base corvette? Only dreamers and they are few or none. Therefore, huge profits will be realized in the options. No matter, the base price is low for what you get. R&D is not cheap. Therefore, the price policy is smart and the value in competitive comparison is exceptional.
Get a life, Bob.
All American vehicles have a low entry retail price and then build options.
So, what’s new?
And, if you read the extensive std equipment list, I think there will be lots of people
who will be interested in the 60K version.
And, yes Bob, a/c is std equipment.
So people has no common sense! The old saying , is what’s going on to get you in the door. That’s my whole point the Vette that people will be buying will be closer to the 80,000 Mark than 60,000!. Half or more than half is standard equipment that really doesn’t mean squash, an the other ones get you sucked in an than you must pay for the subscriptions , Sirius radio, on star, etc! Nothing is FREE!! OH BUT LOOK AT ALL THE STANDARD EQUIPMENT, YES LOOK AT ALL OF THAT , THAT HAS NOTHING TO DO WITH PERFORMANCE THAT THE CORVETTE WAS ALWASYS NOTED FOR!
Just like Barnambailey said when the circus was popular , [ THERE IS A SUCKER BORN EVERYDAY ] ! EVERY ONE WILL SEE WHAT THE OPTIONS WILL COST THAT WILL MAKE THE CORVETTE A TRUE CORVETTE. Next well see in a year how good they really are, because people normally don’t drive them in the snow and ice. The last year models you could an optional automatic or the standard manual ! I feel that the long list of standard equipment is nothing more to help justify the cost of the car, even though your still paying for all that! Has anyone really heard the HP out of the new Vette? AN YES I HAVE A REAL LIFE ,NOT A FANTASY LIFE ,I LIVE IN REALITY!!
I REALLY DONT CARE WHAT THE JONES DO !–[CANADIANS!! ]
I LIVE IN THE UNITED STATES!!!!
Ahhhhhh…that explains everything. Sorry for your poor outlook on life BOB.
Ed for your information you was putting me in the same category on many customers that could only afford the base model CORVETTE. Like I said earlier, I’m going to see what happens in a year on the new mid engine Corvette. NEWS FLASH——- IF I DECIDE TO BUY ON IN A YEAR SEEING THAT THERE WERE NO PROBLEMS WITH THE CAR I WILL NOT WONDER HOW MUCH A MONTH THE PAYMENTS WILL BE!! AN IT WILL BE LOADED LIKE ALL THE OTHER CARS IVE BOUGHT!
ED NO COMMENT, TO BAD YOU THINK WE LIVE IN A PERFECT WORLD! I LIVE IN WHATS GOING ON ITS CALLED REALITY ! WAKE UP AN SMELL THE COFFEE!
I am seeing here that GM will be taking a short end of profit on the base model. That is not quite true. Yes add on’s drive the price up, and also drives up the profit margin. Ask yourself why is that? Are options over priced? ” Yes” That being said think about what the actual cost is to build a car. What would you say if I told you that the base Corvette to build,, out the door is in the neighborhood of $22,000. That doesn’t look a short end. Is it true that manufacturing a product cost one third of the retail price?