When Chevrolet introduced the Corvette C8, we proclaimed it “America’s mid-engine sports car for the masses” as the model cost US$ 59,995 including destination. That’s a distant memory as the 2024 Corvette now begins at US$ 69,995 which is a full US$ 10,000 more than the 2020 model. That’s a huge price increase in less than four years and the model recently shot up US$ 2,100 thanks to a mid-year price increase, which was first spotted by GM Authority and appears to be across the entire C8 lineup.

The increase is broken up into two parts as the MSRP climbs by US$ 2,000 while the destination fee jumps US$ 100. Regardless, it adds up to a sizable increase especially when you consider the 2023 Corvette could be had for US$ 65,895 back in May. Getting back to the 2024 model, the Corvette Convertible now starts at US$ 76,995. It features a familiar 6.2-liter V8 pumping out 490 hp and 630 Nm of torque.

Moving up the trim ladder, the Corvette Z06 begins at US$ 111,795 and climbs to US$ 118,795 for the convertible variant. Both have a 5.5-liter V8 pumping out 670 hp and 623 Nm of torque. The newest member of the family is the Corvette E-Ray and it costs US$ 106,595 for the coupe and US$ 113,595 for the convertible. They feature a 6.2-liter V8 and a 1.9 kWh battery pack that powers a front-mounted electric motor. This setup gives the car all-wheel drive as well as a combined output of 655 hp. Thanks to this combination, the car hits 96 km/h in 2.5 seconds and can run the quarter mile in 10.5 seconds.