Chevy's 2020 C8 Corvette Stingray Badass Mid-Engine Supercar Officially Priced From $59,995

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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.

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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.

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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.

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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.

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