In what could be one of the best performance bargains in the sports car/supercar market in quite some time, General Motors has officially announced pricing for its 2020 Chevrolet Corvette Stingray. True to its word, the Corvette Stingray is priced "below $60,000", and it just barely makes the cut at $59,995 (including destination fee).
That $59,995 price is for the 1LT spec without any options applied. But even in base trim, the Corvette Stingray is well equipped -- especially compared to its similarly-priced peers. The standard engine, of course, is the 6.2-liter LT2 V8 engine producing 490 horsepower and a generous 465 lb-ft of torque mated to an 8-speed dual-clutch transmission. A body-colored removable targa top is standard, as are 8-way power seats, keyless entry with push-button start, dual-zone climate control, HD Rear Vision Camera with Rear Park Assist, 12-inch instrument cluster display, 8-inch infotainment display, LED headlights and Android Auto/Apple CarPlay.
The 2LT spec starts at $67,295 and adds a color heads-up display that projects onto the windshield, 14-speaker Bose audio system, performance data recorder, heated and ventilated seats, wireless phone charger, and a Front Curb View Camera. For true high rollers, there's the 3LT trim ($71,945), which includes all of the aforementioned features but adds GT2 seats with Napa/Mulan leather, carbon fiber trim, leather wrapped interior, suede trim for upper trim surfaces, and leather wrapped door panels.
Available as standalone is the Z51 Performance Package (which EVERY Corvette buyer should add) priced at $5,000. With this package, the Corvette Stingray can rocket from 0 to 60 mph in less than 3 seconds (power is bumped to 495 horsepower/470 lb-ft). It also adds performance-enhancing features like a performance exhaust, electronic limited slip differential, front splitter/rear spoiler, and a performance suspension among other things. Another separate option is the front suspension lift system ($1,495) that automatically lift the front end so that it doesn't scrape on driveways or speed bumps. The system can store 1,000 locations and can be automatically triggered via GPS.
General Motors says that production of the 2020 Corvette Stingray begins later this year and first-year production is nearly sold out at this point.