One of the most anticipated and interesting cars to come in years has started to arrive at dealer showrooms. The 2020 C8 Corvette is everything it has been hyped to be and in some ways more. But the coronavirus has caused a huge bump in the road for the new Corvette. With GM, Ford, and Fiat Chrysler closing assembly lines today and tomorrow there won’t be any Corvettes produced. At least not for an indeterminate amount of time. A leaked email sent to dealers today reveals the sad truth; Chevy is not taking any more orders for the 2020 Corvette. The production shutdown combined with the heavy demand will make fulfilling current orders difficult, so Chevy is shutting down all new orders.
Chevy has confirmed it has stopped taking orders for 2020 Corvettes
Chevy has confirmed the news in a statement, “Due to overwhelming demand for the 2020 Chevrolet Corvette Stingray, Chevrolet has decided to stop taking orders after March 18, 2020.” It shouldn’t be too much of a surprise. Production problems have plagued the 2020 Corvette even before it could crank up the assembly lines.
The UAW strike this fall caused the first production glitch
The UAW strike caused a shutdown in production last fall. So that combined with production stopping today and concerns for how the coronavirus will affect not only Corvette production but also outside suppliers, the future looks murky right now. “Regretfully, launch timing was delayed by the six-week work stoppage that reduced the 2020 model year production schedule,” GM stated in the email to dealers. “Therefore it is possible some of your 2020 orders, sold or stock may not be produced as planned.”
Dealers can still process existing orders as long as it is within their allocations. The dealers can also create and process a normal stock order from what exists already. But orders beyond existing production will not be taken. “Further information will be forthcoming from Chevrolet regarding the handling of sold 2020 model year that we will be unable to accept, and the creation of a replacement 2021 model year sold order,” Chevy further states.
So even 2020 orders already in the hopper may not be filled
That means some 2020 orders won’t be filled as well. Chevy does shed a ray of hope by stating it will open up ordering for the 2021 Corvette a month earlier than planned. That will begin on May 21. So if you’ve been wanting a new Corvette but waited too long, mark that date on your calendar.
The price of 2020 Corvettes has also been a topic of interest
There has been a bit of news lately over the price of the 2020 Corvette. It appears that there are few if any base models. If you remember the base price being under $60,000 was big news. But finding one at that price seems the same as finding a unicorn.
We find it obnoxious and unbelievably seeing what some at the high end of the spectrum are pricing 2020 Corvettes at. On eBay, a Mitsubishi dealer has posted a price of $135,000 for a 3LT. Taking a gander at Autotrader a dealer in Noblesville, Indiana, wants $129,899 for a black 3LT with 78 miles on the ticker. It has the Z51 performance package so maybe that’s the reason for the bump in price.