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The 2023 Chevy Corvette dominated the premium sports car sales segment in Q2 of 2023. According reports, the American sports car earned 57% of sales for premium sports cars.

What’s even more surprising is this domination is nothing new for Chevrolet. The Corvette has been in the number one spot for sales for the past 12 years since GM Authority began tracking sales. The report may not be surprising considering how affordable the Corvette is compared to other premium sports cars. After all, the number two car in sales, the Porsche 911, starts at $106,100. But then again, Porsche is a luxury brand and Chevy is not.

Here’s why Chevrolet Corvette is worth talking about, despite not being as classy as the other cars in the Premium Sports Cars segment, like the Mercedes AMG GT, the Lexus LC, or Audi R8.

For years, the Corvette was seen as an affordable sports car, costing significantly less than brands like Porsche or Mercedes. And while the other vehicles in Chevrolet’s line-up certainly don’t match up with other luxury brands, the car’s flagship sports car continues to rise in price and give more to the consumer.

For instance, the 2023 Chevy Corvette Z06, its ultra-fast, track-focused race vehicle, starts at $105,000. That’s more on par with the Porches of the world.

But the value in a performance-over-looks model keeps people lining up at the dealership.

Sales Numbers for the Corvette: Q2 Performance

In terms of units, Chevrolet Corvette posted 9,125 units sold in Q2 of 2023. This was a 5.74% jump from Q2 of 2022, when the brand sold 8,630 models (per GM Authority).

Meanwhile, Porsche sold 3,140 units of its popular 911 to earn second place in sales. That was a 2.9% jump from 2022, when the brand sold 3,052 units. The third most popular premium sports car on the list was the Porsche 718, which sold 1,152 units.

Of course, Chevy’s lead in sales starts to diminish when you compound all of Porsche’s models together, as the brand makes many popular luxury sports car models like the Boxster or Cayman.

The closest thing Chevrolet has to the Corvette in terms of performance is the Camaro, but that’s more American muscle than luxury.

Chevy Corvette C8: What You Get

The Chevrolet Corvette C8 burst onto the scene in 2019 as the brand’s eighth-generation Corvette and first mid-engined model.

For 2023, the Chevy Corvette boasts a 6.2-liter v-8 engine that produces 490 horsepower and 470 pound-feet of torque. While the vehicle may not win over crowds in terms of looks, it’s hard to look past its impressive performance specs.

With a zero-to-60 time of 2.8 seconds, the Corvette can go toe to toe with most of its premium sports car rivals.

When the Chevy Corvette C8 was released, it was so popular the automaker couldn’t keep up with consumer demand. The website almost crashed on the night when Chevy released the vehicle. And the brand pushed many 2020 orders to 2021.

This devout following and affordable price point has earned Corvette such strong sales metrics year after year.

Competition: Chevy Corvette vs Porsche 911

Some may not see the sales wins from the Corvette as impressive, considering the Chevy is not a luxury brand. The consumers between Porsche and Corvette are different, sure. Still, Corvette stays in the lead thanks to its value proposition and impressive trim options that make the Corvette a track racing option.


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