The Starting Price Is Under $60,000, As Promised

The internet blogosphere had a good year of speculating the starting price of the 2020 Corvette Stingray. Some claimed the C8 would be just a hair over the retiring (front-engined) C7 Corvette in MSRP. Others sourced information claiming it would start well into six figures. Thankfully, it’s the former, as General Motors President Mark Reuss confirmed to attendees of the C8 Corvette reveal last month that the cost of entry to own this 490 horsepower mid-engined supercar would be astonishingly under $60,000.

Today, it’s official: $59,995 for the 2020 Corvette Stingray 1LT. Moreover, the pre-order books are open.

For comparison’s sake, the C8 Corvette MSRP is nestled right in between the C7 Stingray’s starting price of $55,900, and the wide-bodied C7 Grand Sport of $65,900. But it’s more capable than both.

C8 Corvette

Based on official numbers from Chevrolet, a 2020 Corvette Stingray 2LT costs $67,295, which adds 14-speaker Bose audio system, a heads-up display, heated and cooled seats, and GM’s next-generation Performance Data Recorder, along with more interior and exterior personalization options. A C8 Corvette 3LT starts at $71,495 and adds suede and carbon-fiber interior trim, unlocks all three seats, opens up all of the interior color options, all of the exterior color options, and more. For those that need visualizing, the 2020 Corvette’s online configurator is up.

Mechanically, all variants are the same: a 6.2L LT2 small block V8 engine pushing 490 horsepower and 470 lb-ft of torque. Output is sent exclusively through an eight-speed dual-clutch transmission, and there’s no manual shifter for the first time in a Corvette, nor will there be likely ever be one.

For those that want the best performing 2020 Corvette Stingray money can buy, they’ll need to select the $5,000 Z51 Performance Package. This adds larger brakes, Michelin Pilot Sport 4 tires, a bigger rear spoiler that delivers 400 lbs of downforce at speed, a trick electronic limited-slip differential, performance exhaust that also adds five horsepower and five foot-pounds of output to the engine, as well as extra cooling hardware. However, one can also just opt for the noise of the performance exhaust, which is a $1,195 standalone option. On top of the Z51 package, the FE4 suspension with Magnetic Ride Control is $1,895. Oh, and if you want that GPS-based, speed-bump clearing suspension lift, that will be a cool $1,495 on 2LT and 3LT trims.

C8 Corvette

Written by Manoli Katakis

Muscle Cars & Trucks was founded by Manoli Katakis - an automotive media veteran that has been covering the latest car news since 2009. His journalism has uncovered dozens of major product changes, updates, plans, and cancellations long before automakers were ready to make things official.

Some highlights over the years of his reporting include the uncovering of the Zora trademark before anybody else reported on the coming of a mid-engine Corvette, as well as the dead-accurate reporting of the coming of the Chevrolet Colorado ZR2, two years before it hit the market, and even before the debut of the concept vehicle. This type of reporting has immediately continued here, with reports of the original seventh-generation Camaro plans being shelved, as well as what's in store for the Chevrolet Silverado.

Some of his work can be found on massive automotive media outlets, such as Motor1. He also has been a guest on the 910AM Radio Station with Detroit News auto critic Henry Payne, as well as the enthusiast-oriented Camaro Show podcast.

Over the years, Manoli has interviewed various automotive industry titans, leaders, and people that make things happen otherwise. These include figureheads such as GM CEO Mary Barra, GM President Mark Reuss, automotive aftermarket icon Ken Lingenfelter, Dodge firebrand Tim Kuniskis, along with various chief engineers of vehicles such as the Ford F-150 & Mustang, Chevrolet Camaro & Corvette, and many more.

At MC&T, Manoli is taking his journalism expertise, deeply planted sources, driving abilities, and automotive industry knowledge to new levels, covering more vehicles and brands than ever before. This is the place where you will continue to read groundbreaking stories about American performance vehicles, pickup trucks, and sport utility vehicles. Here is where you’ll also read insights and quotes from various automotive subject matter experts on the latest relevant products, as well as some of the latest official news from their manufacturers.

Fun facts: he also once beat Corvette Racing driver Tommy Milner in an autocross with a Chevrolet Bolt EV. The biggest vehicle he’s ever driven is a John Deere mining truck. Besides a go-kart, the smallest vehicle he’s driven has been a Hyundai i10. He’s also spent time in the cockpit of various American performance vehicle icons, including the fifth-generation Chevrolet Camaro Z/28, Dodge Challenger Demon, and Ford Mustang GT350R. He has reviewed dozens of trucks, SUVs, and performance vehicles over the years.

One of his favorite new vehicles on the market today happens to be the Chevrolet Colorado ZR2 Bison. He is also a card carrying member of the Sports Car Club of America, and regularly participates in Detroit Region autocross events.

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