It’s never fun bringing bad news to Corvette enthusiasts, but these are troubled times we are living through. With fuel costs and materials rising to new highs almost daily and inflation now pegged at 8.6%, it’s almost surprising that we went as long as we did without a substantial price increase on America’s Favorite Sportscar.
This afternoon we got the news that pricing will be increased on the 2023 Corvette Stingrays across the board effectively immediately by $2,300. The new pricing effects all trim levels of the Stingray and as well as some of the popular options which are also seeing increases.
The 1LT 2023 Corvette Coupe will now start at $64,200 which doesn’t include the $1,395 mandatory delivery fee. With that fee, the starting price out the door is now $65,595.
Here is the new pricing for the 2023 Corvette Stingrays in the very right column which includes the $1395 freight charge. The left hand column was the previous pricing before the announcement:
$63,295 – 1LT Coupe – $65,595
$70,595 – 2LT Coupe – $72,895
$75,245 – 3LT Coupe – $77,545
$70,795 – 1LT Convertible – $73,095
$77,595 – 2LT Convertible – $79,895
$82,245 – 3LT Convertible – $84,545
In addition to the trim pricing, some popular options are also seeing price increases:
AH2 – GT2 Bucket Seats – $1,695
BV4 – Personalized Interior Plaque – $295
D30 – Color Combo Override – $659
E60 – Front Lift – $2,595
EYK – Chrome Badges – $395
NGA – Black Exhaust Tips – $395
R6X – Custom Interior Trim and Seat Combination Override – $695
Some other prices going up are the Brake Calipers, Seat Belts, and colored Stitching:
Brake Calipers (Yellow, Bright Red, Edge Red) – $695
Seat Belts (Orange, BLue, Red, Yellow, Tan) – $495
Stitching: 3LT Yellow or Red – $495
According to the new pricing document, these new prices are effective June 13, 2022.
Now that the GM “Bean Counters” have weighed in with new pricing info for the 2023 Stingray, perhaps we can now finally get that Z06 pricing that everyone is waiting on.
We have reached out to Chevrolet PR for comment as well as to ask about Price Protection for those customers with existing orders in the system. Here is what they sent us:
The MSRP of the 2023 Corvette Stingray coupe and convertible has increased effective June 13. Customers with sold orders submitted prior to when the price increase became effective will not be impacted by the change. We monitor and adjust pricing on all our products regularly, and we’re confident the Corvette remains a winning formula of performance and attainability.
Update
Our friends at the MECF also have the pricing changes and this text was highlighted on their version:
Retail sold order price protection eligibility dates are dictated by the customer and dealer order dates as follows:
-Customer order date must be prior to the date of the price increase.
-GM systems order date (date dealer enters in GM system) must be no more than one workday after date of the price increase.
Source:
Chevrolet.com
Related:
2022 Corvette Prices Increased for the Z51 Performance Package, Front Lift, and Destination Fee
June 2022 Corvette Production Update
Chevrolet Launches Much Improved Build and Price Configurator for the 2023 Corvette Stingray
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Will orders at 3400 status have price protection?
You ain’t gonna like the Z06 pricing! 🙂
My car is built and getting ready to be shipped. Will they honor price.
This isnt good, not at the beginning of a new model year. I’m betting it will be new orders and cars at a certain Event Code status.
Sky high inflation at 40 year highs and y’all didn’t see this coming? Any wonder why we haven’t seen Z06 pricing yet? 🤦. #FJB
Thanks, Joe.
Wow we just picked up our new 2023 C8 at the Corvette Museum last week, very very lucky to get one at only $1000 more than a 2022. GM quickly figured out inflation is pounding their parts costs! Yes the Z06 is going to be pricey, but they will sell everyone they will make!
FJB!!!!!
Vote America First candidates in November and for the rest of your life if you want to save America.
How’s that Bitcoin doing these days? Can you say margin call? Days of flipping and free money are over. There will be a stampede to the exit for real estate and C8s. In about 6 months cash will be king.
6 months ago about 10,000 of us suckers put a $ 5,000 deposit down on a Z 06 with a rumored starting price of $85,000 within a month due to Bidenflation it was rumored up to $95,000 . All along GM is talking about special wheels a optional stitching or a 70th anniversary car FJB. just build the Z
My car went to 4B00 today ready for transport. Rich
They will sell all they make because they won’t make many. Mary wants low inventory and sky high profit so go ahead and buy one.
What ever happen to the affordable super car label for the C8 Corvette? And why doesn’t GM enforce the no markup policy on C8 Corvettes? Bark but no bite? I just placed my order last week, and now I see the change in price for many of the options I selected ($3,130 increase). Enjoy the moment? It’s getting tougher especially with premium at $7.03 in California and going up every week.
Of course they will make money. They always make money and when they don’t they don’t sell.
You can manipulate the books and go
“Hey we are loosing money”
Or wait a second that is what Ford does
Sorry
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