skank

The racing team is already working on the race version of this car. He saw this car long ago and clearly has given input to the production side of Corvette. He is fully aware of what this car is!!

NewYuriCity

Still doesn't have anything to do with the pricing.

Can we keep this thread on topic? Now if he could comment on how some of these renderings are or, even better, comment on what the C8.R will look like that'd be great

skank

Conversely, No matter how many times this has been pointed out, some folks don't want to hear that this new state of the art mid engined Super Car Corvette will most likely be out of their financial reach. That my friend is the real embarrassing truth about many on this forum. The fact that most Corvette owners will be out of that upper end market that the ME is moving into. Many here want to believe they can afford it but the sad truth will hit them when they find out the reality.

skank

What are you inferring? He absolutely cannot discuss this car out into the open forum. End of discussion. That would never happen !

oregonsharkman

The "entry level" mid-engine may very well be half the cost of the ZR1. A ~$70k entry level price is placed just low enough that the "regular Corvette buyer" will still be able to afford one. The high performance, highly optioned version will surely surpass the $140k ZR1, but the base model will not.

The majority of Chevy's sales with the Corvette have always been the base or moderately options cars. If the mid-engine is released (and is the only Corvette option) and the entry to purchase is over $100k, then Chevy will lose the majority of it's Corvette buyers and the high volume sales that have always defined the Corvette.

Speaking for myself (C3 and previous C6 owner with a 2019 GS on the way), if the base mid-engine was six figures, I would be looking around at other options.

skank

They have the C7 FE which will morph into the C8 FE for the price point you are talking about. This new ME is being developed for a whole new demographic of buyers which they never have had. This car is a brand new ball game !

oregonsharkman

That would be a terrible business decision for GM. Let's do the math.

In 2014 alone, GM sold 34,839 Corvettes. Using an average price of $55,000 (very conservative estimate) GM generated over 1.9 Billion (with a B) in gross sales...That was just on the 2014 model.

If GM raises the entry level price to $120,000 the sales numbers will plummet to a fraction of the 2014 sales. But let's say absolutely best case - it outsells all models of Porsche 911 around the world, so about 8,000 (which it would not). 8,000 times 120,000 is $960 Million.

So in the best case scenario above, GM comes up $1 Billion less in first year sales compared to the C7....Not gonna happen.

RapidC84B

bro1999

Could you expand more on the electric performance car you saw? Did it have an outline similar to the car in this photo?



Or are you sure it was more of a crossover/CUV look?

skank

Where are you getting the idea that there is only the ME as the only model going forward? Corvette clearly is continuing the C7 FE until 2021 and will morph into the C8 FE. The new ME will be a fifth model in Corvette's lineup. Team Corvette would be committing Automotive suicide by dropping their traditional four model FE(Stingray, Grand Sport, ZO6, ZR1) line. They did not double the Bowling Green Plant to one million square feet to build just one model.

skank

The new Zora and the four model FE C8

NewYuriCity

I'm really curious about this too. If Nate said it looked like a crossover but GM insisted it's a performance car, I wonder if they're targeting something along the lines of the Jaguar I-Pace. Jaguar had it at the auto show and I was very surprised at how low the roof was.

oregonsharkman

Some good points. I actually would prefer to see the Mid Engine as an "additional model" to the Corvette line up, but there are some compelling discussions and bits of facts that point to a generational change to a new format.

Remember, prior to the economic crisis, the C7 was intended to be a mid engine platform, and as far as I know, there was no plan at that point to have a parallel path with a front engine model.

Also - some of the mid engine test vehicles (even recently) have been sporting steel brakes and relatively narrow tires, so that points to the likelihood that there will be an "entry level" model of some sort.

Again - Just my 2 cents.

NY09C6

What do you base this on?

tooold2race

If you subscribe to all of the indications that point to the continuation of the FE Corvette as we know it today AND accept what looks pretty factual, that there is a new ME just around the corner, how could you possibly think the newest high tech ME model would be prices the same as the current entry level Corvette. Who would buy the old FE model for the same money???

There will surely be a base FE Corvette and a high buck ME supercar. Perhaps over time the technology and the cost of the new ME will drift down the line, but not when it is first introduced.

ltomn

I am dumbfounded at the apparent lack of exposure to the various threads that have been on this forum! How can a reasonably intelligent man not have seen the basis for this statement dozens of times by now? The basic list of components that the Mid Engine Corvette will have on it place it squarely in the realm of "expensive." The only other cars that have the same accoutrements are priced 2 and 3 times as high.

RapidC84B

ltomn

This car is not about pure economies of scale when the impression has been decidedly given that the plan is to produce approximately 3000 vehicles per year with this configuration. They will still sell most of them in the US (as I see it) but will definitely capture some of the foreign crowd when the difference in purchase price is brought into the picture. Do not ignore the currency and exchange rate either. If you're a UK person your ₤1 = $1.40 today. Makes buying a fully optioned Corvette ME a lot more reasonable then a McLaren...and with similar configuration!

NY09C6

To counter that, we have CAD drawings showing a NA pushrod motor along with a second CAD drawing of the TT engine. We also have engine order data showing a 6.2, 4.2TT, and 5.5TT engines for the Y2 chassis. The mules also seem to have a base car brake setup on them. This seems to support the notion we have at least 3 different levels of ME car on the way. If this was to be a high dollar supercar I would not expect this.

NY09C6

Where do you get the 3k number from? The engine order data was far higher than that.