2023 Corvette Gets Small Price Increase
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The 2023 Chevy Corvette C8 Stingray arrives as the fourth model year for the latest eighth-generation sports car, introducing only a few small changes and updates as compared to the preceding 2022 model year. Now, the 2023 Corvette includes a small price increase as well.
Although the MSRP for the 2023 Chevy Corvette C8 Stingray is unchanged, the mid-engine sports car now includes a slightly more-expensive destination freight charge (DFC), which is up $100 from $1,295 to $1,395.
As such, the least-expensive 2023 Chevy Corvette C8 Stingray trim on offer is the 1LT Coupe, now priced at $63,295 with DFC, while the most-expensive trim is the 3LT Convertible, priced at $82,245 with DFC.
As it just so happens, this new DFC increase also applies to 2022 model-year vehicles, with all unsold 2022 Corvette models now reflecting the $100 DFC increase.
Check out the table below for a more complete breakdown of the updated Corvette C8 pricing, including the new DFC:
| Trim Level | Configuration | 2022 MSRP + DFC | 2023 MSRP + DFC |
|---|---|---|---|
| Stingray 1LT | Coupe | $62,295 | $63,295 |
| Stingray 1LT | Convertible | $69,795 | $70,795 |
| Stingray 2LT | Coupe | $69,595 | $70,595 |
| Stingray 2LT | Convertible | $76,595 | $77,595 |
| Stingray 3LT | Coupe | $74,245 | $75,245 |
| Stingray 3LT | Convertible | $81,245 | $82,245 |
Notably, the Corvette C8 Stingray isn’t the only GM model to receive a price hike as of late. As GM Authority covered previously, the 2022 Chevy Silverado HD has also received a price increase, the fourth such increase since the heavy-duty pickup first went on sale last year. The latest price increase for the Silverado HD includes an extra $100 added to the DFC, rising from $1,695 to $1,795, as well as a flat $1,000 for all trim levels and configurations.
With regard to the 2023 Chevy Corvette C8 Stingray, motivation is sourced from the naturally aspirated 6.2L V8 LT2 gasoline engine, which is rated at 490 horsepower and 465 pound-feet of torque. Under the skin is the GM Y2 platform, while production takes place exclusively at the GM Bowling Green plant in Kentucky.
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still a great value, for a car that is really nice to drive. and just happens to be fast, handles like a dream and good looking.
The prices they charge for destination is BS! All manufacturers. Had a museum delivery in Bowling Green and still had to pay it.
They are such an awesome deal at those prices you shouldn’t be complaining. Chevy should be selling those cars at 100k and that would get rid of all the crybabies and retain even better value!!!
Actually surprised they did not raise more. Inflation is running near 10%. The 70’s called.
I understand the $100 increase in DFC as the cost to refuel my car has more than doubled. But how can GM ethically charge DFC for a museum pickup????? Doesn’t the museum already charge customers for a museum delivery?
From the way that I understand it the freight charge has to do with union work rules for the teamsters that are contracted to haul away all cars from the Bowling Green factory. Even though they are only delivering the car to the other side of the highway from where the assembly plant is to the Corvette Museum, the freight charge is applied. I know that it sounds bonkers but that is the way the contract is written where there is a flat charge for delivery across the street to across the country. I don’t like it either.
My understanding is the cars are delivered to a local chevy dealer and are prepped there and then sent back to the museum.
The cars are not just driven across the street.
The factory has no prep nor the museum at least as per when a friend bought his Vette and found the path of delivery.
Paid extra to pick mine up at the NCM and the I drove it back to my CA dealer. But I still had to pay the DFC too. And I was told that the DFC went to my dealer in CA, NOT the NCM. So the statement that the union is forcing that charge regardless of how far it is delivered was not true in my case.
And the NCM does the new car prep, not a local dealer. They do in fact have a garage space and a detail-prep crew on site.
Destination charge includes and covers all freight cost for inbound materials to assembly plant plus the outbound freight costs to ship to dealers. It doesn’t differentiate and charge more or less depending on how far the dealer is from the assembly plant.. When you pick it up at the Museum, there is still all the inbound freight on materials to the assembly plant. GM chooses not to break those out and just charges the flat fee for all deliveries to simplify things.
In a recently dismissed class action lawsuit GM attorneys stipulated (affirmed) the freight charge noted on the Monroney window sticker of a GM vehicle was the average cost to ship a GM vehicle to a GM dealership.
Paid $995 for the option to pick up my 2021 C8 convertible at the National Corvette Museum after a 14 month wait list at my dealer in CA.
I was still charged a $1295 “dealer destination charge” even though I was the one who drove it cross country to the dealer for its first service appointment.
I complained to both my dealer and GM corporate. They both finger pointed to the other for “requiring it”.
Sadly, the dealer would have LOVED for me to walk away from my MSRP deal so they could sell it at their current(back then) $25,000 markup.
The C8 has always be a great value for the price. Love my ’21 C8 Z51 3LT. Unfortunately it’s the many many cases of egregious dealer mark ups that ruin that.
Sure wish Chevy would get it’s stuff together and announce pricing for the Z06. What’s taking so long. Don’t they know what they’re going to ask for it ?
Got my 2020 C8 in 17 months. Be nice to get my Z06 in that short time. Lovin’ it!!
The DFC increase is understandable. My fill up fuel costs have doubled. What is surprising however is the DFC charge for a Museum delivery. The museum already has a cost added for museum pickup. How can GM ethically charge for shipping when the car was never shipped???!?!?
Well, this is par for the course… Heck we had covid price increases, parts shortages increases,
supply chain increase high gas price increase. I suppose if you wanted bad enough just grab your ankles enjoy and wait for the next one!!!!! You’ll get yours eventually
The price for delivery in the USA is the average per vehicle for all manufactures. It’s the same cost to the customer whether the vehicle is transported 3000 miles or 3 miles. It removes the advantage for the dealers that are near the assembly plants, and disadvantage for dealers who are furthest from the assembly plant.
The FTC is expected to rule next month on punitive action against shippers regarding rigged freight/shipping charges.
WOW, Dont you just love AMERICA and being an AMERICAN ? The home of the brave and land of the free ! And the AMERICAN born free enterprise system where you can F the hell out of your fellow American auto consumer and charge ($$$ ) what ever and when ever you feel like it and no one can do a D thing about it ! LOL
So, what is the process of getting a Vette at MSRP? I don’t mind the wait, but don’t want to pay extra for any new car.
So you order a car and get a roof right. But if you order the car and get the transparent roof. They delete the hardtop roof that is priced into the base price of the car. You want both roofs it’s $1995.00. I think that is messed up.
Satisfied!
I just took delivery at the NCM of a 2022 C8 with VIN number near 24,000, meaning it was one of the last C8s built in 2022. My wife, my neighbor and I thoroughly enjoyed the NCM experience and were happy to support the museum by taking delivery of my C8 there. For those who are carping about having to pay the $1,295 delivery charge, in addition to the NCM charge, there is no requirement that you have your car delivered to the museum. Would I have liked the delivery charged dropped? Sure I would have and I could have picked up my car at the dealer where I purchased it. It was my choice to take delivery at the museum.
You also don’t have to pay any dealers’ markup over MSRP. I spent about a 1/2 day calling Chevy dealers around the country until I found one that didn’t mark up the car. It was one of the dealers that only sold a handful of corvettes a year. I started my order last August and drove my car away in June. It’s also the case that you don’t have to purchase a C8. You can get a mid-engine or rear engine car with similar performance characteristics, like a Ferrari, Porsche, or Lambo. Of course you will pay 3 to 4 times the amount for one of these cars that you pay for the C8 (and, heaven knows, you may also have to pay a dealer markup). Consider me “perfectly satisfied” with my C8 transaction and my C8. Kudos to GM for bringing this car to market at an amazing price point!