2017, 2018 Chevrolet Corvette Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP Invoice Price Destination Fee Holdback Dealer Cost
Chevrolet Corvette Prices - How Much is a Chevrolet Corvette?
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What's new for the 2017 Chevrolet Corvette Stingray? A new Grand Sport edition has been introduced in both convertible and coupe forms. This is a racing-inspired vehicle that has the performance enhancements and the wider body of the Z06. The auto keeps the naturally aspirated V8 of the Stingray. The Grand Sport model with a Z07 package is expected to pull up to 1.2g in its cornering capability. Still new from 2016 is the steering wheel with a flat bottom and Apple CarPlay.
Every generation of the Corvette comes as a 2-seat, 2-door convertible which is regarded as the roadster configuration. This is also true of the 2017 Chevrolet Corvette Stingray. The very first Corvette in 1953 had a soft folding top. Some model years also offered a removable, single-piece hardtop. A closed coupe has been in the lineup since 1963. There have also been several performance editions such as the current ZR1 and Z06 performance models.
There are 3 trim levels associated with both the convertible and coupe styles. These are the 1LT, the 2LT, and the 3LT. The Z51 high-performance model is regarded as a separate series, and it is also available in the same 3 trim levels. The differences among the trim levels have to do primarily with convenience and comfort features. All Corvettes have rear-wheel drive with a 7-speed manual transmission. An 8-speed automatic transmission is optional.
The base Corvette trim is the 1LT. It comes with many great features such as power seats, heated outside mirrors, a rearview camera, automatic climate control, leather-wrapped steering wheel, Brembo brakes, and much more. The 2LT trim adds driver memory, lumbar seats adjustments, auto-dimming outside mirrors, and heated/ventilated seats. The 3LT gets a navigation system, seating surfaces of perforated Napa leather, and a performance data recorder.
The Z51 edition has 20-inch rear and 19-inch front wheels instead of the basic 19-inch rear and 18-inch front tires. Other special equipment includes a revised suspension, bigger front brakes, and a unique rear spoiler. The Grand Sport model has five driving modes and a unique mesh grille. There is also a Collector Edition with body color of Watkins Glen Gray.
Driving the 2017 Chevrolet Corvette Stingray is a great experience. Corvettes have long been storied for their superb performance and handling. The standard 6.2 liter V8 engine can develop 455 hp. It can accelerate from 0 to 60 mph in just 3.6 seconds. The range-topping Z06 has a supercharged 6.2 liter V8 that produces 650 hp with torque of 650 lb-ft. It can accelerate from 0 to 60 mph in a mere 2.95 seconds.
Fuel economy for the Corvette is 16 mpg for city driving and 25 mpg for highway driving. With the automatic transmission, fuel economy is 15 mpg for city driving and 26 mpg for highway driving. The supercharged V8 in the Z06 has 15/22 mpg city/highway. With the automatic, the fuel economy is reduced to 13/23 mpg city/highway.
How to Calculate The Dealer Cost of a Chevrolet Corvette Stingray
Formula for Calculating Dealer Cost:
- Example: Base Chevrolet Corvette Stingray invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Chevrolet Corvette Stingray MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.