The 2021 Corvette will receive a $1,000 price increase across the board, GM Authority can confirm.
Earlier this week, we reported the 2021 Corvette was in line to receive a small price increase, though at the time it was still unclear how much the price would increase. We can now confirm that the 2021 Corvette will be $1,000 more expensive for all trim levels as of March 3rd. 2021. This price change will only be applied to vehicles produced on or after March 1st, 2021 and customers who have already locked in their orders will still be subject to the old, cheaper price.
Previously, the 2021 Corvette Stingray was priced from $59,995 including destination for the base 1LT trim level, while the 2LT trim level was priced from $67,295. The range-topping 3LT started at $71,945. From now on, the 1LT will cost $60,995, the 2LT will cost $68,2985 and the 3LT will cost $72,945.
While the price of the 2021 Corvette is set to increase, the vehicle itself will remain the same. The standard 6.2L LT2 V8 engine remains, producing 490 horsepower and 460 pound-feet of torque. An eight-speed dual-clutch transmission sends power to the rear wheels, helping to propel the mid-engine sports car from 0 to 60 mph in around three second flat and reach a supercar-rivaling top speed of 194 mph.
GM made some minor changes to the C8 Corvette for the 2021 model year. This included the addition of standard wireless Apple CarPlay and Android Auto and the addition of two new exterior colors: Silver Flare Metallic and Red Mist Tintcoat Metallic. The vehicle also received a new available interior color combination for 2021 in the way of Strike Yellow/Sky Cool Grey.
The GM Bowling Green Assembly is built at the GM Bowling Green Assembly plant in Kentucky. The production line at the plant is currently on pause due to a transmission parts shortage, though it is scheduled to come back online on March 8th.