The 2024 Corvette is getting a price boost of approximately $15,000 for most trim levels compared to the MSRP of the 2023 Chevy Corvette C8 Stingray, partly due to new standard advanced safety features.
The markup for base 2LT trim of the Australian-spec 2024 Corvette Stingray is slightly more than $15,000 AUD, bringing it to $175,000 AUD versus the 2023 2LT’s MSRP of $160,000 AUD. For the 2LT Convertible, price jumped from $175,000 AUD for the 2023 Corvette to $190,000 AUD for the 2024 Corvette.
Higher trim levels see similar price increases. The 2024 Corvette 3LT Coupe price also rose to $190,000 AUD, up from last year’s $175,000 AUD. The 3LT Convertible had its price jacked up $15,000 AUD as well, going from $190,000 AUD in 2023 to $205,000 AUD in 2024.
The freshly arrived 2024 Corvette Z06 eclipses the other prices in the lineup, however, with $336,000 AUD worth of sticker shock, $121,000 AUD more than the 3LT Convertible. None of these prices include Australian on-road costs, CarExpert notes.
The 2024 Corvette is the second model year with $15,000 AUD price hikes year-over-year across the lineup of available variants. Prices for the 2023 Corvette increased by a similar amount relative to the 2022 model year. Australia and New Zealand also got a right-hand-drive 2023 Corvette Z06 as part of GM’s “Corvette Z06 global program.”
As a reminder, the Australian versions of the 2024 Chevy Corvette Stingray cradles the naturally aspirated 6.2L V8 LT2 gasoline engine developing 490 horsepower and 465 pound-feet of torque, while an eight-speed dual-clutch transmission transmits output to the rear wheels.
Meanwhile, the 2024 Corvette Z06 is equipped with the mid-mounted, naturally aspirated 5.5L V8 LT6, connected to an outboard exhaust system. Output is rated at 636 horsepower and 439 pound-feet of torque. Featuring a flat-plane crank, dry-sump lubrication, and a redline of 8,600 rpm, the LT6 ranks as the highest-horsepower atmospheric V8 ever used in a production car.
While the Z06 variant is also rear-wheel drive and features the same eight-speed dual-clutch transmission as the Stingray, it has a shorter final drive ratio at 5.56, giving the variant crisper acceleration. For braking, it features 14.6-inch-diameter front rotors with six-piston calipers and 15-inch-diameter rear Brembo brake rotors with four-piston calipers.
Notably, CarExpert does not mention the 2024 Chevy Corvette C8 E-Ray among the Vette variants coming to Australia in late calendar 2023. Production of the 2024 Corvette begins September 5th, 2023 at the GM Bowling Green plant in Kentucky.