There will be five premium-priced versions of the Chevrolet Corvette when it arrives in Australian showrooms by the end of this year, three coupes and two convertibles.
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  • 2022 Chevrolet Corvette pricing and specifications detailed
  • First factory-built right-hand-drive Corvette ever made
  • Five variants – three coupes and two convertibles
  • Priced from $145,000 plus on-road costs

30 March 2021: The iconic Chevrolet Corvette – the USA’s answer to Ferrari and Porsche supercars – will be priced between $145,000 and $175,000 plus on-road costs when it arrives in Australian showrooms at the end of this year.

UPDATE, 9 June 2021: Pricing and specifications for the Carbon Edition have been announced, with order books now open. Click here to read the full story.

While it will be one of the most expensive cars to come out of North America, the V8-powered mid-engined Chevrolet Corvette will cost about half the price of a Porsche 911 and a fraction of the cost of a Ferrari, despite offering similar acceleration and performance.

Previous versions of the Chevrolet Corvette were imported and converted locally, however this is the first factory-built right-hand-drive Chevrolet Corvette to be sold in Australia in the 68-year history of the brand.

There will initially be five versions of the 2022 Chevrolet Corvette, starting with a model called the 2LT priced from $144,990 plus on-road costs, a mid-grade 3LT priced from $160,500 plus on-road costs, and a flagship Carbon Edition, priced from $189,990 before on-road costs (more details here)

A convertible version of all the 2LT and 3LT models will also be available for an additional $15,000 each – bringing the total line-up at launch to five models.

The initial batch of Australia-bound Corvettes are due to roll off the production line in Bowling Green, Kentucky, USA in the last few months of 2021, with the first cars due to arrive just before Christmas and the balance to be delivered in the new year.

All Chevrolet Corvette models sold in Australia will initially be powered by a 6.2-litre V8 (369kW/637Nm) paired to an eight-speed dual-clutch automatic that drives the rear wheels.

Overseas reports claim Chevrolet is also working on even faster versions of the Corvette, using old-school supercharger or turbocharger technology – or even hybrid or electric power. However, those plans are yet to be confirmed.

As it is today, the new model is the fastest Corvette to date, accelerating from 0-100km/h in a Porsche-quick 3 seconds. Overseas media have reported 0 to 60mph (96kmh) times of 2.8 seconds.

The Chevrolet Corvette will be sold through a newly-established network of General Motors Specialty Vehicles (GMSV) dealers, most of which are former Holden outlets.

GMSV says it will have 57 dealers nationally, all of which will sell the Corvette alongside the Chevrolet Silverado pick-up – which is converted to right-hand-drive to factory standards by the Walkinshaw Automotive Group, the former parent company of Holden Special Vehicles.

GMSV says it has opted for the dearer versions of the Corvette; all models sold locally will have a fighter plane-style heads-up display which reflects critical information into the windscreen in the driver’s line of sight, as well as a premium 14-speaker audio system.

Australian models will also come equipped with the Z51 Performance Pack (optional in the US) which includes a dual-mode exhaust, magnetically-controlled suspension, larger Brembo brakes, an electronically-controlled limited-slip differential, front and rear wings, extra cooling, and a “sling shot” rear axle ratio.

Australian-delivered cars will also come standard with technology that lifts the front suspension at the press of a button at low speeds, so the front bumper doesn’t scrape on steep driveways.

Meanwhile, the Chevrolet Corvette Carbon Edition will gain a carbon-fibre interior pack, trident-design alloy wheels, colour-coded brake calipers, a carbon-fibre roof, engine lighting package, exclusive build plate, and an “owners pack”.

In a media statement issued today, the head of GMSV in Australia, Jo Stogiannis, a former senior Holden executive, said: “The Corvette is one of the world’s most recognisable sports cars and over-delivers (on) performance expected of such a machine. It is the epitome of a true icon as it has heritage, performance and unparalleled desirability – generation after generation.”

Ms Stogiannis said there was “overwhelming feedback … that our intended customers are performance enthusiasts” and “they want to have the ability to experience the C8 Corvette to its fullest potential”.

2021 Chevrolet Corvette Australian pricing

  • Corvette 2LT coupe – $144,990
  • Corvette 2LT convertible – $159,990
  • Corvette 3LT coupe – $160,500
  • Corvette 3LT convertible – $175,500
  • Corvette Carbon Edition – $189,990

Note: All prices exclude on-road costs.