2023 Chevrolet Corvette Gets A Hefty Price Increase

Pricing / 11 Comments

America's supercar remains a relative bargain, however.

There's more bad news if you hope to get your hands on a Corvette C8 this year. In addition to production starting late, you'll be paying more for it.

Chevrolet sent an official notice to its dealer network recently, which was shared on the Mid Engine CorvetteForum.

"Chevrolet is announcing revised prices effective for vehicles produced on or after June 13, 2022. This revision affects base model prices for 2022 MY Corvette. Select options will also be revised. Dealer invoice amounts will increase accordingly. Dealer discounts remain unchanged," said the notice.

However, customers who ordered their vehicles before the above date are eligible for price protection. Luckily, the order books for the 2023 model opened in early April.

2020-2023 Chevrolet Corvette C8 Front Angle View CarBuzz
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2020-2023 Chevrolet Corvette C8 Side View CarBuzz

The Corvette remains a relative bargain compared to the supercar establishment. The coupe now starts at $65,595 for LT1, $72,895 for the LT2, and $77,545 for an LT3. For a drop-top, Chevy will charge $73,095 for a base LT1, $79,895 for an LT2, and $84,545 for a top-spec LT3. That's a $2,300 price increase.

Unfortunately, the updated pricing did not include the MSRP for the Z06. We suspect Chevy is keeping that particular notification in the same vault as the aliens housed in Area 51. Meanwhile, Chevrolet dealers are making a killing selling an upcoming car with no set price.

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A few of the optional extras have also gone up in price. The front lift feature now retails for $2,595.

On the cosmetic side, Yellow, Bright Red, and Edge Red calipers add $695 to the price, while black exhaust tips cost $395. The price for chrome exterior badges has increased to $295, and Carbon Flash side mirrors retail for $195.

The GT2 Bucket Seats (only available on the LT2) cost $1,695. If you want a color combination override or custom trim and seat combo override, Chevy will charge an additional $695. A Sueded Microfiber steering wheel now costs $695, while two-tone seats add $595 to the price.

All of the color seat belt options have increased to $495. Available colors include Orange, Red, Tension Blue, Yellow, and Tan.

Even with these options added, America's most famous supercar remains a bargain compared to the benchmark Porsche 911, which starts at just over $100,000.

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2020-2023 Chevrolet Corvette C8 Rear Angle View
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2020-2023 Chevrolet Corvette C8 Front View Driving
2020-2023 Chevrolet Corvette C8 Side View
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