The 2023 Chevrolet Corvette Stingray is getting a $1,000 price boost for its birthday. Prices are up across the board, according to the Corvette Action Center, which got a hold of the price sheet for the ‘Vette’s 70th year.
Chevy is keeping the price increase simple. Every trim level of coupe and convertible sees the same $1,000 increase.
Prices:
Chevrolet also charges a non-negotiable $1,295 destination fee on all Corvettes.
- Coupe 1LT $61,900.00
- Coupe 2LT $69,200.00
- Convertible 1LT $69,400.00
- Coupe 3LT $73,850.00
- Convertible 2LT $76,200.00
- Convertible 3LT $80,850.00
Chevy hasn’t revealed pricing for the race-bred Corvette Z06, with its high-revving, 670-horsepower flat-plane crank V8 and contrast-color side vents. Past editions have asked about $25,000 more than the standard model, but we wouldn’t be surprised to see that premium increase for 2023.
New options include a 70th-anniversary package, available only on the 3LT. It comes in White Pearl Metallic Tri-Coat or Carbon Flash Metallic, wearing stripes in Satin Gray or Satin Black. Anniversary badges adorn it inside and out, along with a tri-tone interior in black and grey leather with red contrast-color stitching and seat belts.
The birthday package will add $5,995 without stripes or $6,990 with them.
Markups are Common; Be Prepared to Shop Around
But we’d be remiss not to note that dealers don’t always honor the Stingray’s list prices. Automakers build cars, but dealers set the prices for them. With nearly every car in short supply this year, dealers have been routinely adding markups to the cost of many.
The Corvette is a sought-after model. It’s not unusual for Chevrolet to have around a week’s supply of Corvettes for sale. With most cars, even in a year with tight inventory, several weeks is more normal.
In January, GM wrote to its dealers, warning them to play fair with prices and threatening that those who charged hefty markups could lose the right to sell popular cars. Corvette prices triggered that warning. If you’re in the market for one, be aware that markups are common, but also that GM is attempting to crack down and even threatening to withhold Corvettes from dealerships that add hefty upcharges. If a dealership asks you to pay well in excess of MSRP, it might be worth your while to shop around.