2021 Corvette Stingray Has Ferrari Pricing In Australia

Dec. 23, 2020 4:41 PM ET by Jay Traugott Pricing / 15 Comments

The price to pay for American greatness.

Australian Corvette fans will have to be relatively wealthy if they hope to purchase one of the few C8s due to arrive for the 2021 model year. Here in the US, the C8 begins at just under $60,000, though customers typically pay thousands more for additional features, such as the Z51 package. Down Under, however, WhichCar has confirmed the 2021 Chevy Corvette Stingray will be priced from $144,990 AUD, or nearly $113,500 USD according to current exchange rates.

These Australian-bound C8s, reportedly no more than 200 examples, will supposedly be very nicely equipped and will better justify the high price tag. Fully-loaded C8s are expected to cost $200,000 AUD.

Originally, the C8 was to be priced from around $129,990 but strong demand pushed the price northbound. The C8 will also be the only factory-made right-hand-drive GM model exported to Australia. Additional Chevy vehicles, such as the Silverado and possibly the Tahoe, will be converted to RHD by a local company upon arrival.

The report also claims a cheaper Camaro for the Australian market is also a possibility though no final decision has been made just yet. Both the Camaro SS and ZL1 could return next year, too. With the Holden division now obsolete, General Motors Special Vehicles (GMSV) has risen to take its place and will handle imports and sales.

In early October we reported deposits placed by C8 customers at the bottom of the world learned their money was worthless because they placed them through the now-defunct Holden dealer network. Deposits apparently couldn't be transferred to GMSV. What's more, those deposits didn't even guarantee a car, but it's fair to assume customers have since received refunds.

The 2021 Corvette's supercar-like price tag and limited numbers in Australia could be a blessing or a curse. On the one hand, the Corvette will immediately be a superstar on par with Ferraris. But, the performance bargain status it enjoys in America will be nonexistent.