The 2021 Corvette Stingray will start at just under $150,000 AUD when it arrives in Australia next year.
General Motors Special Vehicles announced this week the 2021 Corvette Stingray will be priced from $149,990 AUD, equivalent to about $113,000 USD based on current exchange rates.
According to local Australian publication WhichCar, GMSV decided to slap the mid-engine Corvette with a steep sticker price due to high demand for the right-hand-drive version of the sports car in the country. The vehicle was previously set to arrive in Australia under the now-defunct Holden brand and would have been sold through its network of dealers. Holden management had decided on a cheaper base price of $129,990, WhichCar reports.
Parent company General Motors created GMSV following its decision to axe the Holden brand in Australia and New Zealand. GMSV will import specialized North American GM vehicles like the Corvette into the region and sell them through a large dealer network consisting over 50+ retail storefronts. It will also convert left-hand-drive vehicles like the Chevy Silverado 1500 to right-hand-drive before selling them locally.
The 2021 Corvette Stingray will not need to undergo a right-hand-drive conversion when it arrives in Australia, as the vehicle is being produced in right-hand-drive layout at the GM Bowling Green Assembly plant in Kentucky. In addition to Australia, right-hand-drive examples of the C8 Corvette will also be shipped to Japan and the United Kingdom. The C8 Corvette is the first Corvette to be officially produced in both left- and right-hand-drive seating layouts.
In addition to Australia, Japan and the UK, the C8 Corvette is also offered in Saudi Arabia and will go on sale in Europe in the latter half of 2021.
Production of the 2021 model year Corvette began earlier this month following a series of production delays with the 2020 model, which were mainly brought on by the COVID-19 pandemic.
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Comments
Yes, I believe in USA 1st, and I hope all those loyal customers who have patiently wated for their 2020 model that was kicked to 2021 model get theirs first. Just saying.
I finally got mine after a 14 months wait I hate the dealer and I hate GM by the way we were treated but the car is awesome I am looking forward to a long ownership
I hope that once supply increases GM lowers the price to increase the sales volume.
Sooo does that make the Canadian C8 the cheapest anywhere? At current exchange rates the Canadian C8 starts at the equivalent of $54500 USD.
What a joke that GM would allow price gouging for the C8 to Australian GM sportscar lovers through their GMSV organisation. They killed the Holden brand and now they want to kill the support of loyal GM and prospective GM customers.
That makes zero sense. Why not sell volume and build a following rather than price gouge. They finally have a car which they can sell into RHD markets at a similar price the LHD markets and then they jack up the price to make sure there was not advantage to that engineering. No wonder GM gets smaller every year. Can’t think beyond the next quarter.
Have YOU taken into account dollar exchange, stamp duty, shipping, luxury car tax, and GST.
Thank our arsehole Australian government.
These taxes add up to approximately
$55,000. Pass that bit of info around.
Oh the dollar exchange somewhere around $22,000.
Do some research and do your figures before you start your BS
All those fees apply to all car manufacturers. I agree with you that stamp duty and luxury car tax need to go. The so called “luxury car tax” should really be called what it is. The Toyota Land Cruiser Tax. Because they are by far, the most owners paying it. It has zero justification. Stamp duty is also a grossly inefficient and unfair tax. However to return to my point, Holden anticipated selling these $20,000 less when the Aus dollar was worth less. I take it, you think Holden had no idea about all the costs you listed. However that doesn’t mean we all share your viewpoint.
This sort of pricing and price point is a feature of the new GMSV. Which is a marketing strategy that is doomed – in my humble opinion.
For example, where is the lower priced Silverado? No, GM decided the next model will be an even more costly supercharged model. Guaranteed to sell very few units.
It’s a pattern we have seen from GM for decades and it is at least part of why they are the great shrinking corporate that see today.
Hi There,
Yes I have taken that into account and I am sure Holden Management did when they proposed a start price of $129,990 AUD
propose
Are they not US $60.000 ? GM Actually loses money on EVERY C8 Corvette sold at $60.000
For what the vehicle is at $60.000 it’s a give away.
and those who can buy one in the usa should be thankful for that price.
and to go one step further anyone who was willing to pony up there own actually money ( not credit )
and buy a C7 import and convert would cost you exactly what GM is charging for the C8 and you wouldn’t get minimum 3 years servicing your wouldn’t be able to pay it off ( credit ) .
Anyone crying about the pricing is lost.
Over 25.000 Mustangs sold in Australia between 2015 and 2021 how many imported and converted between 1995 – 2015 ?
Why because people pay them off ( credit ) and get servicing. Not actual CASH of of there own account.
The fact the GM even bothered with the 300 shipments to Australia a year should be nothing short then a miracle.
SO for anyone crying over the pricing………. S T F Up