Chevrolet Raises Prices on Corvette Because It Can

March 10, 2014 at 1:24 pm by Steve Siler | Photography by Robert Kerian

Want a new Vette? It’s going to cost you more. Why? Because Chevy thinks you’ll be willing to pay for it. “Pricing for the 2014 Corvette has been increased due to demand,” said GM spokesman Michael Albano. The hike of $2000 on both coupe and convertible models, which now cost $53,995 and $57,995, took effect on new orders taken after March 1, though Albano said that customers who placed their orders before March 1 will not be subject to the new pricing, even if they haven’t taken delivery yet.

The price of the Z51 performance package, which brings 19-inch front/20-inch rear wheels, larger brakes, performance suspension, sticky summer tires, and more, also went up by $1200, to $4000.

Interest in America’s most iconic sports car has always been high, but the Vette has been particularly hot since the C7 hit the road last fall, easily earning a spot on our 2014 10Best list. Even at the new higher price, though, the Corvette Stingray is a relative performance bargain, as evidenced by its comparison-test win over the Porsche 911 Carrera S.