Corvettes for Sale: This 2020 Corvette is Headed to New Zealand with a $259,800 Price Tag

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Corvettes for Sale: This 2020 Corvette is Headed to New Zealand with a $259,800 Price Tag

Photo Credit: 4Guys Autobarn


Ah, the C8 Corvette, a bargain at $59,995, huh?

Unfortunately, for our friends in New Zealand, that basement-dwelling price is just a dream. For instance, a dealer in Hamilton, New Zealand, called 4Guys Autobarn, is asking a whopping $259,800 for a 2020 Corvette that’s in transit for arrival next month.

But before you accuse 4Guys of gouging a customer, take a look at just how they arrived at that figure, thanks to a recent explanation posed by driven.co/nz.

The base price of $59,995 is just the launching spot. By the time a boatload of goodies is added, the car in question would list for a staggering $96,000.

Corvettes for Sale: This 2020 Corvette is Headed to New Zealand with a $259,800 Price Tag


“It’s company policy to try and purchase the newest/highest specification/lowest mileage vehicles,” Dane Wells of 4Guys explains. “That’s the case whether it’s a Mazda Atenza or the latest model Corvette. We believe in offering the best option.”

The $36,000 worth of options includes the 3LT package ($11,950), Z51 ($5,000), carbon fiber ground effects ($4,850), carbon fiber roof ($2,495), upgraded wheels ($2,695), Magnetic Ride Control ($1,895), and front lift ($1,495), along with carbon interior trim, red interior accents, engine appearance package, and red brake calipers.

You’d think that if we just add in a little bit for shipping, and a reasonable profit for 4Guys, you’d be in well below $150,000, right?

No, apparently the big chunk is the conversion from US dollars to NZ dollars. Apparently, a NZ dollar is less than 60 cents in US dollars, which immediately sends the price of this Corvette soaring past the $200,000 mark.

Corvettes for Sale: This 2020 Corvette is Headed to New Zealand with a $259,800 Price Tag


Add in small-print items like shipping, internal freight, on-road charges, and compliance fees, along with what driven.co terms the “commercially sensitive but not massive” markup for 4Guys, and presto, you have arrived at the asking price of $259,800!

By the way, this particular car will apparently be left-hand drive, as General Motors hasn’t started production of the right-hand models that will be sent overseas.

Isn’t it great to be an American, when it comes to buying a C8 Corvette?


Source:
4Guys Autobarn via driven.co.nz

Related:
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New Zealander Has a Magical Bond with his “Birthday” Corvette
Drag Racing C6 Corvette Catches on Fire in New Zealand

 



6 COMMENTS

  1. “Isn’t it great to be an American, when it comes to buying a C8 Corvette?”

    Yep. It sure is. It’s great to be an American ~ even if one is NOT buying a C8 Corvette.

  2. What about import/customs fees/taxes, I don’t see it in the cost breakdown.
    They could be huge…………….

  3. Forget the C8, how about the ’62 Impala in the background of the photo! Tells us about that! Inquiring minds want to know!

  4. Probably going to someone where the price is “just a number”. I have a friend like that, he has everything and he’s not as happy as I am with my 427 Z06 and my dachshund that rides around with me.

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