C8’s for immediate delivery listed for $345,000
Price is four times what a Cayman would cost in the country
If you’re living in Brazil and you’re looking to pick up one of the extremely popular new Chevrolet Corvette C8 models, you might be in for a bit of sticker shock. Because if you want one that’s ready for delivery right now you’re looking at paying more than the cost of a new Porsche 911 Turbo.
Brazilian site Quatro Rodas says that getting one of the mid-engine, 6.2L, 495 hp ‘Vettes will cost you R $1.4 million. That’s $345,000 Canadian for a car that here would run you somewhere around 70 grand. For a more local comparison, the site says that a brand new Porsche 911 Turbo would be just R$1.32 million (CAD 325,000), a car that starts a few thousand short of $200k here in Canada.
For a more direct competitor comparison, a Porsche Cayman will run you around R $339,000 in Brazil, and that’s a car that carries a price tag here that’s in the same range as the Corvette, depending on how many option boxes you tick.
Why is the Brazilian Corvette a brazilion dollars, and four times what a Porsche that’s priced similarly elsewhere would cost?
The C8 isn’t currently being officially imported into the country by Chevrolet, it’s being brought in by other smaller companies. So instead of buying at wholesale and benefiting from the manufacturer’s extensive shipping network, the cars are bought retail, likely in America, then being shipped individually to Brazil.
Combine that with the short 2020 model year production run that’s resulted from COVID-19 shutdowns as well as GM’s late fall strike last year, and demand is high all over the world for the new affordable exotic.
If you’re willing to wait, you can save a few hundred thousand Reals, the reports says, having one imported for you directly will only cost the price of three Porsche Caymans instead of four. Ouch.