MC&T Staff 
Chevrolet’s mid-engine 2020 C8 Corvette may be radically new, but the Corvette’s positioning as an attainable, high-performance sportscar bargain isn’t going anywhere anytime soon. And while we already know the base price of the 2020 Corvette Stingray here in America, Chevrolet Canada has announced pricing for the budget supercar, revealing a base price of $69,998 CAD – or about $52,800 USD. Yes, the 2020 Corvette is cheaper in Canada in terms of American money than it is here. For America, the base C8 MSRP is $59,995 USD.
That Canadian MSRP includes a $2,000 CAD destination fee, and as Motor1 notes, the C8 roughly just $4,900 CAD more than the outgoing C7 Corvette. U.S.-market cars will see a similarly modest markup, ensuring that in North America, at least, the Corvette will continue to serve as the prototypical blue-collar supercar.
Those figures are for the mid-engine Corvette’s base 1LT trim; the more feature-rich 2LT and 3LT will start at $79,898 and $85,398 (Canadian), respectively.
However Chevrolet has managed to keep the price increase so low between the C7 and C8, it hasn’t been through omitting all premium features; even the base 2020 Corvette 1LT gets eight-way-adjustable power seats trimmed in Mulan leather, a power tilt and telescoping wheel, dual-zone automatic climate control, proximity key, 8-inch touchscreen infotainment, and even Brembo brakes.
Of course, the party piece of the new 2020 Corvette Stingray is the 490-horsepower, 465-lb-ft LT2 small block V8 that provides motivation, now situated behind the driver for the first time ever. Displacing 6.2 liters just like the 455-horsepower LT1, that’s an incredible power density for a naturally aspirated production V8 with just two valves to each cylinder, and it demonstrates that General Motors is as committed as ever to the democratization of performance with the Corvette.
Also for the first time ever will be a hard top convertible version of the Corvette, which is set to officially debut October 2. Additionally, the new C8.R Corvette race car will be revealed around the same time, as well.
Interesting. I paid $57,000 CAD for my base 2019 Corvette. I find it somewhat interesting that they are reporting the new price will be $70,000, but time will only tell.