2023 Corvette Z06 Pricing Confirmed! (Starts at $106,395 with Delivery)

C8 Corvette Z06 is priced higher relative to the Stingray than the C7, but lower than other supercars.

This afternoon, Chevrolet announced the official pricing for the 2023 Corvette Z06 via an email to media outlets. Starting at $105,000, the 670 horsepower C8 costs far less than its competition, but with a base price $40,000 higher than a base Stingray, some enthusiasts are unhappy about the price jump from the Stingray to the Z06. However, there is no car in the world that offers the performance capabilities of the LT6-powered Corvette with a price so close to the $100,000 mark.

2023 Corvette Z06 Pricing

As mentioned above, the 2023 Chevrolet Corvette Z06 starts at $105,000 for the coupe, but that doesn’t include the $1,395 destination fee so the actual starting price of $106,395 for the 1LZ coupe while the 1LZ convertible starts at $113,895. If you step up to the more heavily appointed 2LZ, the coupe starts at $115,595 and the convertible starts at $122,595. Finally, the top-of-the-line Z06 3LZ starts at $120,245 for the coupe and $127,245 for the convertible.

In addition to the basic trim level pricing, Chevrolet also shared the prices for some key options which are likely to be popular with C8 Corvette Z06 buyers.

Most notably, the Z07 package adds the FE7 suspension, Brembo carbon ceramic brakes underbody aero bits and Michelin Pilot Cup 2R ZP tires for $8,995, but there is a catch. This package requires buyers to pick one of the carbon aero packages, which cost $8,495 for Carbon Flash painted surfaces or $10,495 for visible carbon fiber. In other words, the Z07 package will cost you $17,490 or $19,490, depending on which aero kit finish chosen.

Next, there is a set of carbon fiber wheels that are available with the Z06 package, delivering a 41-pound reduction in unsprung mass. These wheels cost $9,995 if painted Carbon Flash while the visible carbon fiber option costs $11,995.

In short, if you want a loaded 2023 Corvette Z06 coupe with the Z07 package, visible carbon fiber parts and the lightweight wheels, you will be looking at a price of $151,730 before any other options. That might seem like a big chunk of change for an American performance car, but when you look at the competitors to the Z06, this Corvette is actually a smoking bargain.

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Other Mid-Engine Supercar Pricing

Aside from the C7 ZR1, the C8 Corvette Z06 has the highest starting price of any Corvette ever, but it is also the best performing Corvette ever – likely besting the ZR1 in most areas shy of the dyno. While some people will scoff at the C8 Z06 price, $40,000 higher than the Stingray, we should really be looking at how the pricing compares to its actual competition.

The top competitors for the new Z06 are the Audi R8, the Porsche 911 GT3, the Lamborghini Huracan Evo, the Ferrari F8 Tributo and the McLaren 720S. The Audi is the least expensive of this group at $148,700, so it starts just below the price of a loaded C8 Z06. The 911 starts at $169,700, the Lamborghini and Ferrari both start north of $200,000 and the McLaren starts over $300,000.

While it will have to be proven in the real world, the odds are good that the 2023 Corvette Z06 will beat most of these cars in most types of races, yet the Chevy starts tens of thousands lower than the least expensive competitor and for the cost of the McLaren, you could be two loaded Z06s.

In the long run, while the new Corvette Z06 costs a bit more than some enthusiasts were hoping, it still costs far less than any reasonable competition.

Images & Sourcing: General Motors

Patrick Rall

"Before I was old enough to walk, my dad was taking me to various types of racing events, from local drag racing to the Daytona 500," says Patrick Rall, a lifetime automotive expert, diehard Dodge fan, and respected auto journalist for over 10 years. "He owned a repair shop and had a variety of performance cars when I was young, but by the time I was 16, he was ready to build me my first drag car – a 1983 Dodge Mirada that ran low 12s. I spent 10 years traveling around the country, racing with my dad by my side. While we live in different areas of the country, my dad still drag races at 80 years old in the car that he built when I was 16 while I race other vehicles, including my 2017 Dodge Challenger SRT Hellcat and my 1972 Dodge Demon 340.

"Although I went to college for accounting, my time in my dad’s shop growing up allowed me the knowledge to spend time working as a mechanic before getting my accounting degree, at which point I worked in the office of a dealership group. While I was working in the accounting world, I continued racing and taking pictures of cars at the track. Over time, I began showing off those pictures online and that led to my writing.

"Ten years ago, I left the accounting world to become a full-time automotive writer and I am living proof that if you love what you do, you will never “work” a day in your life," adds Rall, who has clocked in time as an auto mechanic, longtime drag racer and now automotive journalist who contributes to nearly a dozen popular auto websites dedicated to fellow enthusiasts.

"I love covering the automotive industry and everything involved with the job. I was fortunate to turn my love of the automotive world into a hobby that led to an exciting career, with my past of working as a mechanic and as an accountant in the automotive world provides me with a unique perspective of the industry.

"My experience drag racing for more than 20 years coupled with a newfound interest in road racing over the past decade allows me to push performance cars to their limit, while my role as a horse stable manager gives me vast experience towing and hauling with all of the newest trucks on the market today.

"Being based on Detroit," says Rall, "I never miss the North American International Auto Show, the Woodward Dream Cruise and Roadkill Nights, along with spending plenty of time raising hell on Detroit's Woodward Avenue with the best muscle car crowd in the world.

Rall can be contacted at QuickMirada@Yahoo.com