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.
“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.
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?