Since the C8 Corvette hit the market in the beginning of 2020, the vehicle has been the target of hustlers, flippers and hype-beasts alike. If you had the cash on hand – more than $60,000 USD in this case – you’d be able to walk away with a hefty profit to roll into your next flip. And at the moment, there seems to be no getting away from it. Case in point: a Chevrolet dealership is selling a 2022 C8 Corvette IMSA GTLM Championship Edition for $125,000, which is nearly $30,000 more than the MSRP of the vehicle.
The 2022 Corvette Stingray Championship Edition comes with some additions that add to the overall cost of the vehicle, including competition sport bucket seats, battery protection package, front lift adjustable height, Z51 performance suspension, a carbon flash painted high wing spoiler, and carbon flash ground effects. Altogether the total cost after including the destination charge is $95,285. With the car being sold for $125,000, it only takes a little math to figure that the dealership markup is $29,715. But why would they add the cost of another car on top of the current price for the C8 Corvette?
When Elkland Chevrolet, located in Elkland, Pennsylvania, was asked about the markup, they were cited saying that it’s because others do it too. So while the initial reasoning behind dealer markups may have been a high demand for vehicles amid the pandemic, it seems at this point it’s just become a dealership trend, which makes us wonder how long this will go on for, or if it’s just the new normal.
2022 C8 Corvette IMSA GTLM Championship Edition: Details
The 2022 Corvette Stingray IMSA GTLM Championship Editions are the first special editions of the C8 era, celebrating the Drivers, Team, and Manufacturers Titles earned by Corvette Racing’s C8.R during the 2020 season. Chevrolet debuted the 2022 Corvette Stingray IMSA GTLM Championship Edition at Belle Isle, ahead of the weekend’s Grand Prix last summer. With just 1,000 special editions available, it didn’t take long for them to start selling out.