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Why buying the C8 Corvette Stingray in its first year on sale could save you a fortune

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Reports out of the USA suggest the Corvette Stingray will see a price rise after its launch
Andrew Chesterton
Contributing Journalist
21 Aug 2019
2 min read

Chevrolet sent jaws dropping to the floor last week when it confirmed its supercar-slaying C8 Corvette Stingray would start at less then US$60k when it enters production.

That is a staggering price tag for what is a phenomenally capable performance car, but reports out of the USA today suggest the too-good-to-be-true pricing might be exactly that, with the brand to increase prices from its second year of sales.

The news has come from US outlet MotorTrend, who report that an anonymous source has confirmed the price will climb for the 2021 model year, and will potentially keep climbing from there. 

And according to the publication, the brand has form in that department, with the 2014 Corvette starting at US$51,995, before climbing to US$53,993 later that year, and then to US$55,995 in 2015. That's an approximate eight per cent increase in just 12 months.

Read More: 2020 Chevrolet Corvette C8: GM's Australia-bound supercar is almost sold out!

Australian pricing and timing is yet to be confirmed, but executives in the US confirmed last week that, in base specification, the C8 will scream to a staggering 312km/h, thanks to 6.2-litre LT2 V8 engine that's good for a huge 370kW of power and 640Nm of torque.

That matches the top speed of the Porsche 911 GT RS, and the Corvette could actually be a little quicker to 100km/h, with the US brand claiming a sprint of around 3.0 seconds. The GT3 RS, by the way, costs about US$130k more, at around US$190k.

Read More: Chevrolet Corvette 2020 joins the 300 club! You won't believe the C8 Stingray's blistering top speed

Either way then, the C8 is shaping up as a supercar bargain. But just how much of bargain might depend on how quickly you snap one up.

Andrew Chesterton
Contributing Journalist
Andrew Chesterton should probably hate cars. From his hail-damaged Camira that looked like it had spent a hard life parked at the end of Tiger Woods' personal driving range, to the Nissan Pulsar Reebok that shook like it was possessed by a particularly mean-spirited demon every time he dared push past 40km/h, his personal car history isn't exactly littered with gold. But that seemingly endless procession of rust-savaged hate machines taught him something even more important; that cars are more than a collection of nuts, bolts and petrol. They're your ticket to freedom, a way to unlock incredible experiences, rolling invitations to incredible adventures. They have soul. And so, somehow, the car bug still bit. And it bit hard. When "Chesto" started his journalism career with News Ltd's Sunday and Daily Telegraph newspapers, he covered just about everything, from business to real estate, courts to crime, before settling into state political reporting at NSW Parliament House. But the automotive world's siren song soon sounded again, and he begged anyone who would listen for the opportunity to write about cars. Eventually they listened, and his career since has seen him filing car news, reviews and features for TopGear, Wheels, Motor and, of course, CarsGuide, as well as many, many others. More than a decade later, and the car bug is yet to relinquish its toothy grip. And if you ask Chesto, he thinks it never will.
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