What?  How Much Does It Cost to Own a Chevrolet Corvette Stingray C8?

What? How Much Does It Cost to Own a Chevrolet Corvette Stingray C8?


The 2020 Chevrolet Corvette Stingray C8 is a thing of beauty. The eighth iteration introduced in 2019 was nothing short of revolutionary in its name. It was the first time in the history of the model to come with an engine behind the cockpit. The words “true sports car” and “supercar” were said here and there.

This Stingray has been driven 32,000 miles or 51,499 kilometers in the last three years. It had two windshields and four sets of tires replaced. The Corvette has been put through the wringer more than a few times under the quarter mile, so no mercy is given. You’d think the tire change was due to the pre-race fatigue build-up, but you’d be wrong. The owners were unlucky and hit them three times.

After all was said and done, Edmunds Cars spent $1,200 on replacement wheels, $5,000 on tires, and $2,000 on windshields. The total so far is $8,253. The good news is that these costs were driven by the single worst feature of any car… the driver. As for the car’s fault, it was serviced for 25 days at the dealer in three years.

The oil had to be changed after 4,800 miles or 7,725 km. A new transmission filter was required at 7,500 miles (12,070 km). These two cost about $750, totaling a typical maintenance cost of about $1,300.

The original price of the Stingray was $80,660, and it sold for $61,000, meaning a depreciation of almost $20k. If you add up the remaining costs of the last three years, you will get an ownership cost of $29,000 and replace it. Is it too much, right? Well, it all depends on the size of the owner’s bank account.

Photo: Edmunds Cars

Although no one would ever accuse the modern Stingray of not being sharp, the best part about this model is that its beauty is not a deep color. The interior design is also very attractive, with tons of personality.

First, let’s talk specs. The C8 Corvette Stingray packs a supercharged 6.2-liter V8 powerplant that can produce up to 495 hp (502 ps) and 470 Nm (637 Nm) of torque. Chevrolet mounted the engine behind the driver, resulting in better cabin design, better ergonomics, and overall occupant comfort. The interior also holds up well, especially since Chevy didn’t use too much glue and squeaky plastic this time around.

We can’t discuss the Stingray without chatting about its other sibling, the 2023 Chevy Corvette Z06. Edmunds pitted both of them in a 1/4 mile battle, and the Z06 was naturally faster. The latter comes with a 5.5-liter V8 engine that can produce 670 hp and 460 lb-ft of torque.

However, it was twice the price of the Stingray, at $160,000, and the gap between them was not surprising: the Z06 hit 60 mph in 3.1 seconds, while the Stingray did it in 3.3 seconds. In the 1/4 mile, the 2023 Chevy Z06 won in 10.7 seconds at 130.5 mph (210 kph), while the Stingray finished in 11.4 seconds at 120.3 mph or 193.6 kph.

Photo: Edmunds Cars

To each his own, but double the money for a 0.7 second advantage under the quarter mile doesn’t mean much if one of these is going to be your daily driver. In other drag races, this Stingray beat heavyweights like the 453-hp M2 (2023). It matched the 668-hp Cadillac CT5-V Blackwing (2022), which is no easy task.

This RWD mid-engine sports car is fast and agile, the steering is good, the engine is as responsive as they come, and mated to an 8-speed automatic dual-clutch transmission with short gearing, it does wonders against the cars out there. of his league price.

So it’s got looks and charm and it’s basically self-contained, but it has one element that stands inches above them all…the real thing. A must-have nose-lifting option that makes life sweeter for those brave enough to take on this grocery shopping item.

The 2020 Chevrolet Corvette Stingray is a fun car to look at, no doubt. Until the C9 comes out around 2029, we have the upcoming E-Ray and ZR1 to entertain us.