Now that General Motors has produced some 8,000 examples of the new mid-engine 2020 Corvette Stingray, we are starting to see one-off examples show up for sale in other countries. At some point, the company will be exporting these cars with regularity but we are not expecting to see that until sometime in the 2nd half of 2021 or even into 2022.
Those cars that do make it to foreign markets are usually associated with a high price tag as our previous example of a Black C8 Corvette exported to Norway with an ungodly price tag of $277,966.
Today we have another example of an exported Corvette with a huge price tag, this time in Brazil.
A Brazilian website called Quatro Rodas is showing off a Shadow Gray 2020 Corvette offered for R$1.4 million, or $248,511 USD at current exchange rates. That’s even more than the price for a new Porsche 911 Turbo which goes for R$1.32 million, and it’s four times the cost of what a Porsche Cayman (R$339,000) will cost you in the country as well!
The biggest factor in the cost of selling the car in Brazil is availability. Corvette enthusiasts know that getting their hands on a Stingray here in the states is nearly impossible, and the thought is that someone paid retail for the car before exporting it to Brazil. Quatro Rodas believes that once the scarcity of the cars wears off, they will likely be arriving in Brazil with a price tag of R$550,000 ($97,629 USD), and with the usual 50% taxes applied, the car would sell for R$825,000 ($146,444 USD).
While we love seeing America’s Favorite Sportscar being sold in exotic locations, we never like to see the common Corvette enthusiast priced out of the car due to low quantities and high demand. Let’s hope that 2021 brings more Corvette dreams to those living both in the USA and abroad!