According to an article published just moments ago on CorvetteBlogger, multiple options for the 2021 Corvette C8 model year are set to have mild price increases.
And in the case of a few options, not so mild.
As promised by GM and Chevrolet, the base price of all variants of the C8 is not changing, staying firm at:
- $58,900 – 1LT Coupe
- $66,200 – 2LT Coupe
- $70,850 – 3LT Coupe
- $66,400 – 1LT Convertible
- $73,200 – 2LT Convertible
- $77,850 – 3LT Convertible
However, the options are being increased as such (prices in brackets are 2020 prices):
- Z51 – Z51 Performance Package $5,995 ($5,000)
- E60 – Front Lift $1,995 ($1,495)
- 5DF – Black Trident Spoke Wheels $2,895 ($2,695)
- 5JR – Carbon Fiber Mirror Covers $1,245 ($1,145)
- RCC – Engine Cover in Red $525 ($495)
- RCD – Engine Cover in Sterling Silver $595 ($495)
- RIA – All weather Floor Liners $205 ($195)
- CAV – Contoured Cargo Area Liners $145 ($135)
As you can see, the biggest increases are in the Z51 performance package, and the E60 front lift kit, with a $995 and $500 increase respectively.
However, and we can’t stress this enough, these price increases are actually quite reasonable. Due to demand for the 2021 Corvette, GM could have slapped any price they wanted on the options and we’re fairly certain people would have still kitted out their Corvettes.
There’s also the reality that Chevrolet did not sell through as many cars as expected in 2020 and has to recoup the supplier costs and their own R&D costs somehow.