2012 Chevrolet Corvette
Patrick Rall's picture

The 2012 Corvette to see price increases

The Chevrolet Corvette has seen better days with regards to sales even with no real competition in the current American market but that’s not stopping GM from hiking the price for the 2012 model year.

The price increases for the 2012 Chevrolet Corvette are up almost across the entire price range with the only model seeing a drop being the incredible Corvette ZR1. In addition to the cars themselves getting price increases, according to the folks at Corvette Blogger the options and packages will also cost more for the 2012 model year.

The increases start at the bottom of the lineup with the 2012 Corvette Coupe jumping $480 to $49,525 while the 2012 Corvette Convertible goes up by the same amount to $54,525. For the Coupes, the 2LT group is up to $2,095 from $1,195, the 3LT models climb from $4,205 to $5,995 and the top of the premium 4LT package jump from $7,705 to $9,495. The Corvette convertible 2LT package, on the other hand, drops from $3,190 to $2,095. Overall, this means that a 2012 Corvette Coupe or Convertible with the 4LT package will set you back $2,270 over the 2011 model with the same package. The ZR1’s magnetic selective ride control is available in these models for just $1,995.

Next, the 2012 Chevrolet Corvette Grand Sport Coupe jumps $880; from $55,045 to $55,925 while the droptop Grand Sport Convertible only goes up by $480, from $59,045 to $59,525. The prices for the 3LT and 4LT packages for the 2012 Grand Sport Coupe and Convertible see the exact same price increases as the base 2012 Corvette models (as shown above) and the Convertible 2LT package sees the same decrease as the base model verts. Magnetic selective ride control is available in the 2012 Grand Sport Coupe and Convertible for $1,695.

The 2012 Chevrolet Corvette Z06 1LZ climbs by the biggest margin, with the cost of the LS7 powered monster jumping from $74,375 to $75,525 – an increase of $1,150. The Z06 2LZ rises from $2,665 to $4,310 and the Corvette Z06 3LZ package jumps from $7,170 to $8,815. The ZR1’s high tech suspension can be added to the 2012 Z06 for just $2,495 and the Z06 Ultimate Performance Package tacks on $7,500.

Finally, the good news is that if you were looking to get a new Chevrolet Corvette ZR1 – 2012 could be your year to save some cash as the ZR1 drops from $111,600 to $111,525. While it is only a $75 decline in cost, that is better than a price increase, right? The Corvette ZR1 3ZR package will run you the same $10,000 in 2012 that it does in 2011 and the ZR1 Performance Package adds on an extra $1,495. Keep in mind, this is the same car that just broke the Dodge Viper SRT10 ACR's record at the Nürburgring among American models.

Source: Corvette Blogger

Other Corvette News:
The 2012 ZR1 smashes the Viper ACR’s ‘Ring record – with video
Information on the 2012 Chevrolet Corvette leaked online
Introducing the 2012 Chevrolet Centennial Edition Corvette
Corvette Z06 and ZR1 get performance upgrades for 2012, 'Vette fans get first look this weekend
Win a 2012 Chevrolet Corvette Grand Sport Convertible from GM

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Some light reading
The Chevrolet Corvette is gorgeous; I guess they had to raise it up to keep up with inflation? Who knows. What I do know though is that the Corvette is on par with exotic cars in terms of power and speed at a much lower cost (even with the recent increase). So overall it's still a good buy.