Back in July 2023, GM Authority exclusively reported on pricing for the 2024 Corvette. Now, we’ve learned that General Motors is increasing prices of new orders by $2,100 across the entire C8 Corvette lineup.
The increase includes an MSRP hike of $2,000, while the destination freight charge rises from $1,595 to $1,695. As such, the most affordable 2024 Corvette is the C8 Stingray Coupe in the 1LT trim level with a starting price of $69,995, while the most expensive 2024 C8 is the C8 Z06 Convertible 3LZ, which now starts at $132,345.
| Trim Level | Configuration | 2024 MSRP + DFC |
|---|---|---|
| Stingray 1LT | Coupe | $69,995 |
| Stingray 1LT | Convertible | $76,995 |
| Stingray 2LT | Coupe | $77,095 |
| Stingray 2LT | Convertible | $84,095 |
| Stingray 3LT | Coupe | $81,745 |
| Stingray 3LT | Convertible | $88,745 |
| E-Ray 1LZ | Coupe | $106,595 |
| E-Ray 1LZ | Convertible | $113,595 |
| E-Ray 2LZ | Coupe | $112,095 |
| E-Ray 2LZ | Convertible | $119,095 |
| E-Ray 3LZ | Coupe | $117,545 |
| E-Ray 3LZ | Convertible | $124,545 |
| Z06 1LZ | Coupe | $111,795 |
| Z06 1LZ | Convertible | $118,795 |
| Z06 2LZ | Coupe | $120,695 |
| Z06 2LZ | Convertible | $127,695 |
| Z06 3LZ | Coupe | $125,345 |
| Z06 3LZ | Convertible | $132,345 |
As a reminder, each of the 2024 Corvette variants feature a unique powertrain configuration, with the 2024 Stingray is powered by the naturally aspirated 6.2L V8 LT2 gasoline engine, rated at 490 horsepower and 465 pound-feet of torque in standard form. Meanwhile, the 2024 Z06 features the naturally aspirated 5.5L V8 LT6 gasoline engine, rated at 670 horsepower and 460 pound-feet of torque. Finally, the 2024 Corvette E-Ray combines the aforementioned LT2 engine with an electric motor on the front axle to bring total output up to 655 horsepower.
Under the skin, all C8 Corvette models ride on the GM Y2 platform, while production for the 2024 model year officially kicked off in September 2023 at the GM Bowling Green plant in Kentucky.
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Comments
BDM then the ADM.
At this price point, I really don’t care. But, as Ford is doing already, the first thing they’ll do is can all incentives. Cementing customer distaste of the industry even more (can opinion go any lower? Must be gunning for most despised industry).
And due to industry-wide arrogance, instead of non-UAW brands cranking up incentives during this time, they’ll can incentives too. WAY beyond disgusting.
I have less problems with gm raising the price by roughly 10000 since intro in 2020, than I do with dealers packing msrp by as much as 40,000 and more on z06 and hybrid.
To all parties concerned get the facts right. 40% is bold,however over 4 years that’s $1.87 an hour increase. If your so noble you stand on a production line for 10 hours a day in a sweating oil filled environment. And god forbid you’d have to use the restroom,or be sick. Waiting for a releaf worker so you could go to the rest room. Workers at Chrysler on the line make $19.67 an hour. Do the math.
If your going to DREAM dream in color. The price on my new car has gone up6,times in model year 2022 to 2024. Granted I have a choice, but that’s a little rich ,even for this cowboy.
Keep raising the price. My C6 looks better all the time, with no monthly payments.
I feel the same about my two supercharged C5s. No payments and no other vehicles, as I use them as daily drivers.
Base 1LT MSRP in 2020 was $58,995. $11,000 increase in 4 model years. Probably not a big deal to most Corvette buyers, but it should help to further sustain used values. Primarily because nobody else builds anything like it for the money, but as the new prices keep increasing, so will used values. Thanks GM.
The $2,000 increase partially pays for the GM Retires Monthly Pension benefit of years ago (Prior to 2009 UAW Contract), way to go GM Price yourself out of most potential buyers marketplace. The UAW is ridiculous with their current demands from the manufactures.
If the UAW and GM come to an agreement, I expect to see another increase across the board on all GM vehicles. Additional expenses no matter what industry are always passed on to the consumer.
such increase is happening either way, that is the point me and others are trying to get across. UAW is a red herring convenient to blame. people bought covid, they bought oil shortage ( lol), they will buy uaw. deflect and shift blame and laugh to the bank. true and tried
and works, looking at comments on here
why are you buying toyotas btw? their communist union get a record contract in 2023 in japan. you are subsidizing japanese communism :))
The UAW’s demands are unrealistic and inflationary. If the strike expands and lasts a long time, American auto companies will be financially hobbled and the Japanese and Koreans will be the big winners.
im not concerned with their demands in the least bit. im concerned that GM FORD DODGE have been taking the consumer for a ride long before the contract was due.
i hope they all implode and welcome our new chinese overlords from geely. and you should too, since gm’s best market is china.
GM management = Awww Give them workers what they want , We can just pass it on to the consumer with a complimentary tube of KY !
the tube is 99$, not free.
however it is part of the required customer appreciation package
Basically what we’ve got here is a conundrum…if we give the UAW more money and more benefits, we’ll have to raise the cost of our products, which could lower the overall sales figures, which means another hike in product cost to maintain it’s designated margin of profit, and so on and so on until a level is reached that either destroys the company and all of it’s employees going jobless or, maybe worse, sending most of it’s work to a foreign country to build and then send to America for sales, and don’t think for one second that the Automotive Industry won’t doing something like this, they WOULD!.
Now, factor in what could happen to the value of it’s Stocks (a direct cause of all of this silliness) and you’ve got a real mess on your hands. The hardest thing to realize is that the UAW does not RUN THE BUSINESS NOR DOES IT DO THE HIRING AND FIRING OF IT’S EMPLOYEES…it only represents the blue collar hourly labor workers in legal matters and can help to attain an increase in benefits and wages during negotiations during a new contract time. The UAW, while certainly useful under certain conditions wouldn’t be necessary “IF” the auto industry was run by honest people who have a sense of fairness, but it doesn’t do that, it’s strictly a money making machine and regardless if it were building cars or trucks, trailers or motorcycles ect. ect. the bottom line is that they, the business needs to be profitable and sadly that whole scenario has been put together by pure business profit mavens who could care less where the product is made or who makes it, as long as it turns in a profit at levels that’ll attract new fresh blood to invest in that business, or go bankrupt. This game of cat and mouse has been played for so many years now that both sides seem to know that neither one is going to give in and be considered the weaker entity…and this could very well be the last UAW negotiations that it’ll be a part of, I foresee some major changes coming to the way GM, Ford and Chrysler do business here in America as it’s oh so tempting to move everything to a foreign country that actually has a working relationship with one another bypassing the need to pay some entity to represent you labor wise. Something to think about UAW represented folks….the next time you look at your hourly paycheck, please be aware of who sends that check out to you and who’s name is on the front of that check and I can guarantee the UAW’s name isn’t on that check because it isn’t their company and just be aware that an hourly labor force can be removed and replaced with other another hourly labor force, no law says the auto industry has to use Union Labor expressly and while it’s obviously better for America if both salary and hourly work together to procure an effective profit making business, never feel so smug and secure in your job in today’s oh so competitive business world cause big business could (and might) just drop the union labor force like a bad habit should it feel the need to do such a thing…Big Business has no heart and no scruples, the name of the game is BIG PROFIT’s In Their Pockets and the Unions be damned. Okay, ’nuff said and good luck to both sides here, lets hope a reasonable settlement is in the near future for both sides.
Sure is a lot of hot air..
Is there a fix for windshield reflection of dashboard ?
this is more about inflation than the uaw
keep jacking prices. wonder why there is inflation. jack prices more.. “inflation”.
strange. i cant quite put my finger on it.
Dig deeper the NFL , WALMART and the banks are all subsidized!
UAW wants a record contract. Auto makers raise the price of vehicles. Workers from other industries fall behind. Food workers want higher wages. Price of Big Mack goes up. As workers make more, prices of goods and services go up. This is known as inflation. The real losers are people with savings like retirees. Unless their pensions go up (if you’re lucky enough to have a pension) or if their savings go up at least enough to keep up with inflation. When minimum wage or starting wages go up so does everything else. If you want to get ahead financially, work your way up in the company (promotion), switch companies (to one that is willing to pay you more for your experience) or change your profession to something that pays better. Fast food workers wanted more money and were replaced by online ordering and kiosks. Factory workers can be replaced by automation and machines. Be reasonable or be replaced.
Meh, the price goes up every year, even in the 12 years uaw members went without raises, and new hires were paid under 20 an hour. Blame inflation and corporate greedy stock buybacks not the uaw.
I’m puzzled between the Z06 and the Stingray/Z51 stingray 6 2 460 tq lbs the same tq as the 5.5 liter Z06 except for HP. Plus/min.
You would think there would be a difference between them.