With the launch of the all-new mid-engine Corvette C8, Chevy had some customers canceling orders of the current-generation model. The automaker responded by offering a nearly-$9,000 discount in February, which was a bit less generous than the $12,000 discount offered in December 2019.
Chevrolet Corvette discount offers have since become much less worthwhile, with the latest incentives including a $3,250 cashback rebate as well as interest-free financing, or deferred payments for 120 days. It’s worth clarifying that the two aforementioned offers cannot be combined.
Nationwide 2019 Chevrolet Corvette discount offers in May 2020 are as follows:
- Purchase Offer: $3,250 cash allowance
- Finance Offer: 0 percent APR for up to 84 months when borrowing from GM Financial
Notably, the above incentives should apply to any 2019 Corvette, including the Stingray, Stingray Z51, Grand Sport, Z06, and ZR1. We recommend checking in with your local dealer for confirmation.
Furthermore, until June 30th, 2020, General Motors is offering special vehicle discounts for first responders and healthcare workers on the frontlines of the battle against the COVID-19 coronavirus.
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
As such, the headline-making Corvette discount offer lowers the starting price of the 2019 C7 model to $53,745.
The relatively lackluster Chevrolet Corvette discount comes after very generous incentives, which are a rare occurrence for the nameplate, as the Bow Tie brand seldom offers cash-based discounts on the sports car. It’s rather obvious that the purpose of those offers was to get shoppers 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 production started in February. Meanwhile, dealer inventories of the C7 Corvette are shrinking.
- Must take delivery by June 1st, 2020.
- See dealer for details.
- Incentive for the United States of America, unless otherwise specified.
- Some customers may not qualify for this Chevrolet Corvette discount 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.