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2024 Chevy Corvettes Cost Thousands More after Mid-Year Price Hikes

  • The 2024 Chevy Corvette is now more expensive following mid-year price hikes across the lineup.
  • New Corvette orders now cost an extra $2100, including a higher destination fee.
  • The base Stingray now starts at $69,995—$10K more than when the C8 Corvette debuted in 2020.

The price of goods is going up—thanks a lot, inflation. That also means the price of (really) good sports cars is going up too, with the 2024 Chevy Corvette getting a mid-year price adjustment that makes every new model ordered more expensive by $2100.

Costlier Corvettes

Along with adding $2K to the cars’ MSRP, Chevy has raised the destination charge by $100 from $1595 to $1695, as first reported by GM Authority. Today, Car and Driver reached out to a company spokesperson to find out the reason behind the mid-year increase, but we’ve yet to hear back.

It’s normal for automakers to up their suggested asking prices at the start of new model years, and when the 2024 Corvette lineup went on sale, it cost more than the previous year. However, with the latest increase, ’24 models cost thousands more than that. For example, the Z06 now starts at $114,395—$5100 more than it did in 2023. The new hybrid all-wheel-drive E-Ray debuted earlier this year with a $104,495 price; now it starts at $106,595.

Tacking on 10 Grand

When the 2020 C8 Corvette first hit Chevrolet showrooms, the entry-level Stingray had a starting price of $59,995. Each year from there the base price rose by $1000, $2300, and $5900, respectively. Flash forward four model years and the least expensive Vette has seen its base price jump by $10K.

One of the C8’s greatest virtues is its incredible value compared with the competition. For those who are always looking at price differences, America’s sports car has had a higher starting price than the excellent Porsche 718 Cayman (currently $69,950) since its arrival. Of course, there’s no replacement for displacement, and the four-cylinder Cayman has a lot fewer horses.

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Senior Editor

Eric Stafford’s automobile addiction began before he could walk, and it has fueled his passion to write news, reviews, and more for Car and Driver since 2016. His aspiration growing up was to become a millionaire with a Jay Leno–like car collection. Apparently, getting rich is harder than social-media influencers make it seem, so he avoided financial success entirely to become an automotive journalist and drive new cars for a living. After earning a journalism degree at Central Michigan University and working at a daily newspaper, the years of basically burning money on failed project cars and lemon-flavored jalopies finally paid off when Car and Driver hired him. His garage currently includes a 2010 Acura RDX, a manual ’97 Chevy Camaro Z/28, and a ’90 Honda CRX Si.


Source: Motor - aranddriver.com


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