We speculated at one point that the C8 Corvette’s price would go up after the 2020 model year. The reason? It always seems to. However, MotorTrend reported that the 2021 Corvette will not see a price hike. That means the car will cost the same as it does for 2020, and that is very good news.
So, why no price hike for the 2021 model year? Well, that’s down to the COVID-19 Pandemic. Because of the virus, the company has decided to keep the assembly line rolling at the same price. “We’ve been challenged during the launch with two circumstances that were beyond our control: the weeks-long work stoppage last fall and now the COVID-19 pandemic,” said Juechter.
This move should keep a lot of potential Corvette owners happy. The 2021 Corvette should be the same as the 2020 model year car both mechanically and electrically, so buyers next year will be happy to have the same price for the same car. Especially, because the 2020 model year is a shortened one.
“We initially said we would start taking 2021 Corvette orders at the end of this month but, again, due to the plant being down for two months, we’re adjusting that timing to late July,” Juechter said. It will be interesting to see if the price raises in 2022.