Up until now, all the news surrounding the new 2020 Chevy Corvette C8 was good. It just got better.
It’s been impossible to ignore all the recent news published on the new Chevy Corvette C8 and the final piece of today’s puzzle was revealed to those in attendance last night: The new mid-engine Corvette will have a Canadian starting price of $69,998.
Of the numerous bits of trolling perpetrated on the interwebs was that many current Corvette owners were diametrically opposed to the new layout, among other issues. Of these other niggles, most, including us, thought that the base price for what we surmised would be a near-exotic car might hover at or near the $100,000. GM has now quashed all possible arguments against the car.
At $69,998, the 2020 Chevy Corvette C8 is scarcely $5,000 more expensive than the Chevy Corvette C7 which it will replace. At this price, the C8 will sport the normally aspirated 6.2-litre V8 good for 495-horsepower mated to an 8-speed dual-clutch automated manual transmission. There will be no manual transmission offered, sadly but understandably.
With the expected performance that will be delivered by the base Vette, at $70k, it will compete with the likes of the Porsche 718 Cayman and Boxster and will reach all the way up to the Audi R8 and Acura NSX, cars that retails for roughly twice as much money.
Pricing for the expected heavily boosted 5.5-litre V8 versions will be shared in the future, when GM’s good and ready.