Fancy a new restomod project?
With strong demand and production cut short for the 2020 model year, trying to buy a 2020 Chevrolet Corvette Stingray isn't easy right now unless you're willing to pay extortionate dealer markups. If you're desperate to own a 2020 Corvette, there is an alternative option, however.
Currently listed on Copart are the remains of a 2020 Chevrolet Corvette Stingray that was involved in a serious accident last month. Details of the accident are unknown, but photos posted on social media show the wrecked Corvette left abandoned in a sorry state in a field. These new photos posted by Copart give us a much clearer look at the damage the mid-engine sports car sustained.
From the photos, the front of the car is severely damaged. The hood has been flipped open and bent out of shape and the front bumper has been torn off. Elsewhere, parts of the passenger side are smashed in and half of the rear spoiler is missing. The driver's airbag also deployed. Judging from the angle of some of the wheels, this Corvette may have suffered some suspension damage, so it could be a total loss. Let's hope someone out there can salvage this wrecked C8 Corvette and give it a new lease of life.
Finished in white, this particular C8 Corvette is a 2LT example with the optional Z51 package, so the original owner would have paid around $67,000.
Despite this, Copart is listing the crashed C8 Corvette with an estimated retail value of $107,699 - nearly twice the original car's value. This could be taking dealer markups and the car's rarity into account. Even if this crumpled Corvette can't be saved, some of the spare parts will likely fetch a high price in the used market.
Alternatively, it could be used as the base for a wild restoration project. If you need some inspiration, someone recently bought another damaged C8 Corvette and is replacing the 6.2-liter V8 with a 1,000-hp rotary engine. There's no estimated selling price, but it will be interesting to see how much this wrecked C8 Corvette fetches at auction.