Despite rumors, 2021 Corvette keeps its $59,995 base price

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Chevrolet

There was speculation that Chevrolet was taking a loss on entry-level Stingray models and that there would be a significant price hike for 2021. If you thought you missed out on the sports car deal of the decade, we’ve got good news for you: the 2021 Corvette Stingray is keeping its amazing $59,995 base price for another year, according to Motor Trend. Likewise, the Stingray convertible is holding at its $67,495 starting price.

It seems like this may be a goodwill measure from Chevrolet to lessen the blow for those who had been eager to purchase a 2020 Stingray. The C8 was delayed first by a UAW strike and then by the pandemic-related shutdown, leading to many would-be Corvette buyers seeing their 2020 orders pushed back to 2021.

The Bowling Green, Kentucky, assembly plant where every Corvette is built has been up and running since May 26 to fill those orders. Due to the shutdown, 2020 production will be extended, and 2021 orders will open up in July.

We reached out to Chevrolet for some C8 sales info but haven’t heard back with any data on Stingray sales thus far. However, despite the lure of a 490-horsepower mid-engine sports car for less than $60,000, Motor Trend did learn some interesting tidbits. Just 16 percent of C8 buyers opted for the 1LT, with 40 percent opting for 2LT and 44 percent going for the top trim, 3LT. Who knows how many zero-option C8s have come out of Bowling Green, but it doesn’t seem like Chevrolet is too concerned about bargain C8s hurting the General’s bottom line.

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