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Chevrolet Corvette Discount Drops Z06 Price By Nearly $12,000 In December 2019

With the launch of the all-new mid-engine Corvette C8, Chevy had some customers canceling their orders. So, this holiday season, the automaker is making select 2019 models a bit more enticing, as a new Chevrolet Corvette discount gives the employee rebate to all buyers, which drops the price by nearly $12,000. It’s worth noting that this month’s offer is nearly four times the Corvette discount offered earlier in the year, and is even more generous than last month’s $9,000 rebate.

The Incentives

The nationwide Corvette discount offer for 2019 Corvette models in December 2019 is as follows:

  • 2019 Corvette Z06: $9,885 Employee Discount for Everyone + $2,000 Purchase Cash Bonus
    • Total discount: $11,885 price reduction below MSRP
    • Price reduction amount is model-dependent.

Shoppers should note that the above incentive is rather significant, as this is one of the largest discounts ever offered for the nameplate during its lifecycle.

Additionally, the incentive is listed under the Z06 model on Chevy’s website, but is not listed under the Stingray, Grand Sport, or ZR1 models. While the example offer provided by Chevy is for a Z06 model, there isn’t a clause restricting the incentive to Z06 models. We previously reached out to various sources at Chevrolet dealers and they have confirmed that, in similar situations, the Corvette discount applied to any 2019 Corvette, including the Stingray, Stingray Z51, Grand Sport, Z06, and ZR1. As such, it is more than likely that this current incentive applies to all models as well. We recommend checking in with your local dealer for confirmation.

For reference, here are 2019 Corvette trim levels and their corresponding starting MSRPs, $1,095 destination freight charge included:

  • Stingray 1LT – $56,995
  • Stingray 2LT – $61,450
  • Stingray 1LT w/ Z51 – $61,995
  • Stingray 2LT w/ Z51 – $66,450
  • Stingray 3LT – $66,740
  • Stingray 3LT w/ Z51 – $71,740
  • Grand Sport 1LT – $66,995
  • Grand Sport 2LT – $71,450
  • Grand Sport 3LT – $76,740
  • Z06 1LZ – $81,995
  • Z06 2LZ – $85,560
  • Z06 3LZ – $90,940
  • ZR1 1ZR – $121,995
  • ZR1 3ZR – $131,995

When applied to a 2019 Z06 model with an MSRP of $96,425, the headline-making Corvette discount offer lowers the price to $84,540.

The lofty Corvette discount is a rare occurrence, as Chevrolet seldom offers cash-based discounts on the sports car. It’s rather obvious that the purpose of the offer is to get current Corvette owners who are on the fence about buying a C7, or waiting for the upcoming 2020 Corvette, to go for the C7. The all-new, mid-engine Corvette (aka the Corvette C8) was revealed on July 18th, and is expected to go on sale in early 2020.

Disclaimers

  • Must take delivery by January 2nd, 2020.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this offer.
  • Offer not available with special finance, lease, and some other offers.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. GM Authority will not be held responsible for any misprints, typos or any other errors.

2016 Chevrolet Corvette ZR1 exterior 003

About Chevrolet Corvette

The Chevrolet Corvette is a lineup of sports cars sold globally. Slotting above the Chevrolet Camaro as Chevrolet's flagship sports car, the Corvette lineup consists of the "base" Corvette Stingray, mid-level Corvette Grand Sport, Corvette Z06 and range-topping Corvette ZR1.

The 2018 Corvette represents the fifth model year of the seventh-generation (or C7) Corvette. Despite its age, the vehicles remains highly competitive in its segment. For the 2019 model year, the Corvette discontinues the Carbon 65 Edition while gaining the 2019 Corvette ZR1 in Coupe and Convertible forms, along with two new colors - Elkart Lake Blue Metallic and Shadow Gray Metallic.

2016 Chevrolet Corvette Z06 exterior 013

Chevrolet is working on a next-, eighth-generation Corvette. The model is expected to be mid-, rear-engined, allowing it to push the performance envelope even further that the C7. See more on the rumored mid-engine Corvette. Though it was previously believed that the C7 generation will be discontinued when the mid-engined model is introduced, we now have reason to believe that the model will continue being offered alongside the mid-engined model.

Mid-Engine Chevrolet Corvette Spy Shots - Nurburgring - September 2018 009

The Corvette is built exclusively at the GM Bowling Green plant in Bowling Green, Kentucky, USA.

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