With a sticker price under $60,000, the 2020 Corvette Stingray definitely represents a great bargain for sports car enthusiasts.
Unfortunately, the old rule of supply and demand, plus production slowdowns caused by the ongoing pandemic, has made it virtually impossible to find such a price unless you happened to have been smart enough to get on a waiting list at a dealership and paid MSRP.
In case you weren’t lucky enough to secure one of the 20,368 Stingrays to be produced during the 2020 model year, there’s still hope.
Prices for used 2020s have finally started to fall somewhat, and a quick search on autotrader.com this morning revealed 24 such base 1LT cars on the market nationwide – all for less than $90,000, at least four of them being Z51s, and two asking less than $85,000.
A few Stingrays have crossed the block at Mecum earlier this year, and another 1LT example –an Arctic White coupe with Adrenaline Red interior, the Z51 performance package and 250 miles on the odometer – is slated to be offered at no reserve this weekend at their auction in Houston Dec. 3-5.
While just a base model, this car – Lot S109.1 – does offer lots of equipment. Leading the way is the optional Z51 package that adds performance brakes, a sportier suspension, performance exhaust, adjusted rear axle ratio, a limited-slip differential, summer tires, better cooling, and additional aero. This car also features bright red-painted brake calipers, standard GT1 seats (though the listing incorrectly labels them as the optional “Competition” seats), removable roof panel, 8-way power driver and passenger seats, LED headlights, remote start, rear parking sensors, 12-inch gauge cluster screen, 10-speaker Bose stereo system, and an 8-inch touchscreen with Apple CarPlay, Android Auto, SiriusXM, HD Radio, and Chevy’s 4G LTE Wi-Fi hotspot. Of course, the stock 6.2-liter 495 horsepower engine is in place behind the seats, hooked to the outstanding dual-clutch 8-speed automatic transmission with paddle shifters.
How much do you think this car will fetch at this weekend’s auction? Keep in mind the new owner will also have to pay the additional buyer’s premium charged by Mecum. We’d be surprised if this one goes for more than $85,000 to $90,000, but it all depends on how badly someone wants to enjoy a new mid-engine Corvette, huh?
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