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2014 Corvette Price

C7 Corvette Stingray Pricing

The Pricing has Been Released for the C7 Corvette Stingray and the Base Model Sees an Expected Small Jump Over Its C6 Predecessor

If you were putting off purchasing a Corvette in anticipation of the next-generation 2014 Stingray, you’ll need to start searching the sofa cushions for a few extra dollars. The C7 Stingray Corvette will see its price point start at $51,995–including $995 for delivery–which is a jump of almost $2000 over the base C6 Corvette. The C7 Stingray Convertible will start at $56,995.

Of course, this price is relatively tame when the potential Corvette buyer considers everything they’re getting. Original expectation was that the C7 would actually start at a higher price point, considering all of the innovations that the next generation vehicle is coming outfitted with. With a revamped interior, a more comprehensive and impressive vehicular construction–featuring carbon fiber hood and an all-aluminum frame construction for weight savings of over 100 pounds–, choice between seven-speed manual transmission and a rev-matching six-speed automatic, and a new and exciting LT1 engine which puts the C7 Corvette’s HP output in the same performance range as the incredible C6 Z06, the C7 Stingray Corvette could have come with a much higher price tag.

C7 Corvette Stingray Convertible Pricing

However, the base price tag doesn’t include much beyond the basics–which isn’t to malign those basics, as they’re certainly incredible and no C7 owner will feel like their vehicle is underequipped–which include standard features like the Chevy MyLink eight-inch touch-screen infotainment system complete with a Bose nine-speaker stereo system, Sirius satellite radio and Bluetooth connectivity. Those prospective Corvette owners looking to get the gorgeous new C7 Stingray leather interiors which have been much hyped online, however, will have to pay a little extra. Options such as the leather interior package–coming in at $8,005–, the $2,495 Recaro sport seats, $1,995 carbon-fiber roof panel and $595 red Corvette brake calipers can push the price of the C7 to more than $70,000.

A fully outfitted C7 Stingray Corvette was on display at the North American International Auto Show in Detroit in January, and that model would have carried a price tag of $73,360. That particular vehicle included navigation, color heads-up display, and heated and cooled Napa leather seats. Those opting for an even nicer, and higher performing C7 Corvette, can also include the Z51 package. The Z51 Performance Package will provide the outfitted C7 Corvette with the highly celebrated Magnetic Ride Control suspension system seen on the C6 ZR1 and Camaro ZL1, active transmission cooling systems, and 19-inch front and 20-inch rear wheels with larger brakes, for an extra $2,800.

“The Corvette Stingray delivers a combination of performance, design and technology that very few manufacturers can match, and none can even come close for $52,000,” said Chris Perry, vice president, Chevrolet marketing.

If you’re looking to pick up at C7 Corvette Stingray of your own, vehicles will begin hitting showroom floors in September.

 

Chevrolet Contest May Have Accidentally Revealed Price of C7 Corvette Stingray

Chevrolet’s Corvette Giveaway May Have Revealed C7 Pricing

The last bit of information we have yet to gain on the C7 Corvette Stingray, apart from its reviews of course, is the vehicle’s pricing. Speculation up to this point has placed the price in the high $40k to mid $50k range for the most base model, but, a recent Corvette giveaway contest by Chevrolet shows something much different.

The Race to Win a Corvette Sweepstakes by Chevrolet was officially announced ahead of the C7′s public release, and by law they must list an expected USD value for each prize in the sweepstakes. The C7 Corvette they’re advertising is shown as having a market value of $71,860. Now, this almost $72,000 price tag is much higher than originally anticipated, but, it may not also be indicative of the Corvette’s beginning price.

Often times, for a sweepstakes of this nature, a company like Chevrolet will list a more outfitted model. The $72k price tag listed in the sweepstakes could very well be for a fully apportioned 3LT Stingray with Competition package. Of course, since nothing’s official about price except for this legally required tidbit, it could also be for a barebone 1LT model. That doesn’t seem likely, though.

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We think that the $72k price tag must be for a higher trim level in part because of the prior reports we’ve been given and read. When talking about the design and production of the C7 Corvette, one of the biggest selling points was Chevrolet’s ability to make Carbon Fiber more affordable than ever, and that even though they utilized extremely modern technologies in building the vehicle’s lightweight performance chassis they’d remain capable of keeping the vehicle available for under $60k. So, if this $72k price tag is more than you’d be capable of spending and it’s getting you down since you had previously expected something more in the $50k price range, fret not, and take solace and comfort in this knowledge that while this price is very official, it almost certainly doesn’t reflect the starting price for the C7 Stingray. Also of note, while we’re certain Chevrolet will include incredible goodies in the 3LT package, their dedication to quality will also guarantee that the most basic of C7 Stingray Corvettes will also have a bevy of incredible technological goodies inside and out–and all of them will still feature the monster 450HP LT1 engine.

First C7 Corvette Stingray Sells at Barrett Jackson for $1.1million

First Production C7 Corvette Sells at Auction

Renowned Corvette Collector Rick Hendrick Purchases First Official C7 Corvette Stingray at Auction for $1.1million

The 2014 Corvette Stingray (C7) with VIN ending in #0001 sold at the famed Barrett-Jackson auction for a price tag just shy of $1.1million. Purchased by NASCAR team owner and avid Corvette collector Rick Hendrick, the first production C7 Corvette sold for close to 20 times the expected retail price of the vehicle–a large mark-up for what is certain to be a highly coveted collectible vehicle in the future.

Hendrick did not stop with the first C7 Corvette either, and instead had a very busy weekend at Barrett-Jackson. In addition to the $1.1million spent on the C7 Corvette, Hendrick also spent $270,000 on a rare 1958 Corvette previously owned by GM CEO Dan Akerson and another $1million on the 1968 Owens/Corning L88 Corvette race car.

The Corvette has always been one of the most coveted vehicles at the Barrett-Jackson auction, with prior auctions being dominated by classic and special edition Corvettes before. Over the last few years alone we’ve seen the first C6 ZR1 command a price of $1million, as well as the first 427 C6 Convertible fetch $600,000 at the auction. Both of these prices, and the price of the C7 Stingray, dramatically dwarfed that of the first 2013 SRT Viper, which sold for $300,000. These prices reflect the supposed collectors value of these vehicles in the future, as well as the current demand and excitement surrounding each.

Rick Hendrick will now have to wait for the completion of the first C7 Stingray at the Chevrolet Corvette specialized Bowling Green plant. Expect production to begin in the early 3rd quarter of the year. Hendrick’s C7 will, no doubt, be delivered shortly thereafter. The red C7 he was seen with, and which adorned the auction floor, was a test product to be used solely for vehicle course testing and promotion leading up to the C7 Stingray’s debut at dealers. It was the same test model that was on display at the Detroit Auto Show just last week.

Video coverage of the auction, pulled from various YouTube users and channels, can be seen below:

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