The 2024 Chevrolet Corvette Price Has Increased By At Least $3k on All Models
The 2024 Chevrolet Corvette won’t be seeing many significant changes when compared to more recent models. They will have a new power-closing hood, rear camera mirror on every model, new color options, and a new dark olive green interior accent design called “Artemis.” But one change that really stands out is the price tag.
According to Kelly Blue Book, the asking price for every new 2024 Chevrolet Corvette model will be seeing an increase of $3,300 to $4,800. That also does not include the mandatory $1,695 destination fee, which has also gone up $300 when compared to the destination fee for the 2023 Corvette.
Due to the 2024 Chevrolet Corvette being in low supply and high-demand, the automaker can afford to increase the MSRP on new models. Dealers have an average of 23-day supply of Corvettes to sell, when the national average for a new car to sell has increased to 60 days.
2024 Chevrolet Corvette Pricing
|Trim||2023 Price||2024 Price||Price Change|
|E-Ray Hybrid Coupe||N/A||$104,900||N/A|
|E-Ray Hybrid Convertible||N/A||$111,900||N/A|
Since its first inception in 1953, the Chevrolet Corvette has become an iconic piece of American motorsport heritage. The 2024 Corvette, with expected improvements in performance, technology, and design, promises to continue this glorious tradition.
In terms of design, the 2024 Corvette is a mid-engine sports car, continuing the trend set by its predecessor, the C8. This configuration allows the placement of the engine behind the driver, but ahead of the rear axle, enabling superior handling and performance. It’s expected that the 2024 model will introduce minor aesthetic tweaks to keep the vehicle fresh and competitive while maintaining its instantly recognizable Corvette DNA.
The powertrain of the 2024 Corvette is a subject of much discussion among auto enthusiasts. While the current model houses a 6.2L V8 engine producing 490 horsepower, the 2024 model could see a ramp-up in terms of power, based on general trends in the industry and Chevrolet’s own history of continual innovation. Anticipations are building for possible versions such as a hybrid, or even a fully electric model, aligning with the industry-wide shift to electric mobility. As of now, these are speculations, and it will be interesting to see what path Chevrolet carves for the future of the Corvette.