The price of the Corvette C8 has climbed $10,000 in less than five years as the 2024 model now starts at $69,995
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When Chevrolet introduced the Corvette C8, we proclaimed it “America’s mid-engine sports car for the masses” as the model cost $59,995 including destination.
That’s a distant memory as the 2024 Corvette now begins at $69,995 which is a full $10,000 more than the 2020 model. That’s a huge price increase in less than four years and the model recently shot up $2,100 thanks to a mid-year price increase, which was first spotted by GM Authority and appears to be across the entire C8 lineup.
The increase is broken up into two parts as the MSRP climbs by $2,000 while the destination fee jumps $100. Regardless, it adds up to a sizable increase especially when you consider the 2023 Corvette could be had for $65,895 back in May.
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Getting back to the 2024 model, the Corvette Convertible now starts at $76,995. It features a familiar 6.2-liter V8 pumping out 490 hp (365 kW / 497 PS) and 465 lb-ft (630 Nm) of torque.
Moving up the trim ladder, the Corvette Z06 begins at $111,795 and climbs to $118,795 for the convertible variant. Both have a 5.5-liter V8 pumping out 670 hp (500 kW / 679 PS) and 460 lb-ft (623 Nm) of torque.
The newest member of the family is the Corvette E-Ray and it costs $106,595 for the coupe and $113,595 for the convertible. They feature a 6.2-liter V8 and a 1.9 kWh battery pack that powers a front-mounted electric motor. This setup gives the car all-wheel drive as well as a combined output of 655 hp (488 kW / 664 PS). Thanks to this combination, the car hits 60 mph (96 km/h) in 2.5 seconds and can run the quarter mile in 10.5 seconds.
