2023 Corvette Stingray Gets Another Price Increase14
GM has applied another price increase to the 2023 Corvette Stingray, GM Authority has learned.
As of June 13th, the 2023 Corvette Stingray will be $2,300 more expensive across the board, regardless of the trim level, options and features that are selected. That means the base price of a 2023 Corvette Stingray Coupe in the entry-level 1LT trim level will now be $65,595, up from $63,295. The 2LT trim level will now start at $72,895, up from $70,595, while the range-topping 3LT will start at $77,545, up from $75,245.
A GM spokesperson confirmed the price changes in an emailed statement sent to GM Authority, but said the higher prices would not be applied to customer 2023 Corvette orders that were already submitted.
|Trim Level||Configuration||2023 MSRP + DFC|
“The MSRP of the 2023 Corvette Stingray coupe and convertible has increased effective June 13,” the person said. “Customers with sold orders submitted prior to when the price increase became effective will not be impacted by the change. We monitor and adjust pricing on all our products regularly, and we’re confident the Corvette remains a winning formula of performance and attainability.”
The Corvette isn’t the only GM model to receive a price hike in recent months. As GM Authority covered previously, the 2022 Chevy Silverado 1500 and 2022 Chevy Silverado HD have also faced numerous price hikes this year, among many other GM vehicles, as the automaker and its industry rivals continue to grapple with rising costs for both components and shipping. Plant closures due to the semiconductor chip shortage have also added to the challenging market conditions.
Power in the 2023Corvette Stingray comes from the naturally aspirated 6.2L V8 LT2 gasoline engine, which is rated at 490 horsepower and 465 pound-feet of torque. Production of the sports car takes place exclusively at the GM Bowling Green plant in Kentucky.
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GM stock drops below IPO price.
The fed will raise interest rates by 75 basis points tommorow. Crypto is crashing.
Time for the global economy to plunge into a deep recession and for the era for corporate greed and empty virtue signaling to end.
Go woke or go broke? More like go woke AND go broke.
I’ve never owned a ‘Vette although I follow it’s history, but to me, the price on it, a High Horse, Mid-Engine only American Made True Sports car, is very Reasonable. I can’t afford one on a Fixed Income Blue Collar Retirement, but if I were 50 years younger, I’d go for it. Saying you “own a C-8 Corvette or formerly owned one is an accomplishment and you’ll have fond memories and regret years later.
Right on Bob….. I’m turning 70 and so is my order!! 3400 code
Still waiting for Z07 pricing!!
I have owned a number of Corvettes in my 74 years. I moved on to Porsches, starting with 914, 944, 911 targa and coupes and finally a Turbo.
I ordered my C8 in Sept 2019 [waited through a strike, COVID etc and took delivery 4 days before the end of 2020.
It is the finest 2 seat sports car I have ever owned. Golf clubs in the rear and tennis stuff in the frunck.
LOVE IT as my daily driver.
John, great summary. I have returned to the Corvette family after 30 years away. I love my 2021. Waited a year for delivery. Joined 2 local nationally NCCC sanctioned corvette clubs to meet people and participate in outings.
I love my Corvette, and the people who drive them. Save the Wave.
Z51 is supposed to stay the same$$
I was thinking of ordering a 2023, the wait time is 7 to 9 months, but with he price increase, maybe I will stick with my 2020.
I ordered a 2023 April of this year, from one of the highest volume Corvette dealers in the country. Because they were unable to submit the order because of GM I am supposed to eat the price increase. I know the Corvette is a lot of car for the money, but still feel cheated. Very disappointed!!!
I know how you must feel, but do not be disappointed. When you are finally in the seat of your new C8, all that will go away.
Any speculation on Z06 pricing needs to be adjusted accordingly. This would place the expected price of a base Z06 closer to 90,000 now. Still a good value. And I suspect one reason we have no Z06 price yet, is GM still calculating what it will take to produce volumes.
Has the z51 package gone up also
GMC just increased the shipping costs across all production models just a few months ago…
Still a fair price for this magnificent vehicle. But with many entities taking part in greedflation – the timing is poor.