Just when we thought there might be some sanity returning to the mid-engine Corvette market, we saw this ad last night out of Rome, Georgia asking a whopping $186,000 for one of the first 200 Stingrays produced!
Admittedly, this black car is nicely equipped, starting with the $5,000 Z51 and the $7,300 2LT packages, and it also includes GT2 seats done in Natural ($1,495), 5-Trident-Spoke Machined-Face Sterling Silver-painted Aluminum Wheels ($1,495), Front Lift ($1,495), Bright Red-painted Calipers ($595), Magnetic Selective Ride Control ($1,895).
Based on a quick run through the Chevy Build and Price website, the car looks to have listed for right at $80,000.
We’re not told how many miles are on this Corvette, but it’s said to have been “garage kept” and described as an “old guy driven cream puff” so it’s probably very low mileage.
Obviously, this is still a ridiculous price, or so we thought until a quick search on Auto Trader turned up other high prices for C8s, including an ad for VIN 24 – an Arctic White coupe – with an asking price of $199,000 in Beverly Hills, California! Under Seller Comments, we’re told that we can “get the Kobe Bryant mid-engine 2020 C8 – There can only ever be one.” Apparently, the late NBA star may have owned this one before his untimely death.
In all, there are 190 of the 2020 Corvettes for sale on Auto Trader, with the lowest asking price we spotted being $89,500 for a Blade Silver 1LT with 14 miles. From there, the prices quickly escalated into the upper 90s, with many in the $120K to $130K range.
With the Bowling Green Assembly Plant cranking out hundreds of more 2020s every week, how long do you think this pricing frenzy will continue? After waiting this long, not many of these additional new owners likely will want to part with their beloved Stingrays quite yet, so even with increased numbers on the road, the used market may still be tight for several more months. What do you think?
The Numbers of Pre-Owned 2020 Corvettes for Sale Online Are Growing Daily
Market Adjustment: Texas Chevy Dealer Offering a 2020 Corvette for $37,970 Over Sticker
Corvettes for Sale: A 2020 Corvette Stingray for $159,880