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GM Prices 2014 Corvette Stingray At Modest $52,000

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General Motors is preparing to release the base model of the 2014 Corvette Stingray, stating that it will start just under $52,000. The $1,400 price increase is quite model considering the latest additions to the latest model.

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The Corvette Stingray goes on sale this summer and is completly redone. It only shares two parts from the original version, which is nine years old! The car was the hot topic at the Detroit auto show this past January due to the drastic changes made by GM.

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A team of 1,000 put together the 2014 version of the Stingray, making the vehicle more sleek and lower. They saved weight by replacing the steel structure with alumnium and the hood is made of ligthweight carbon fiber. The interior has a more modern look with added touch screens. 4

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The car run of 450-horsepower, 6.2 liter V=8 engine, which goes to four cylindiers on the highway to save fuel. The team added a new seven-speed manual transmission, having the car go from 0 to 60 mph in under four seconds. A few tenths of a second faster than the current model.

Customers are already puting down deposits to purchase the new model. “Every day you have someone coming in wanting to know about the new Corvette,” said Bill Perkins, owner of two Chevrolet dealership in Detroit. “You have a lot of enthusiasts out there. You have a lot of people that have purchased Corvettes before. A lot fo people come in wanting to know the price, hwo soon they can get one.”

The Stingray performs similar to a Porsche 911, which is priced at $100,000. GM considered a lower price to avoid burdening younger buyers. “We want to retain the loyal Corvette customer. We also realizse that we do have to attract a younger buyer and od things that make the car aspirational to them.”

The Stingray’s gas mileage will be relaesed later, but GM stated that it is aiming to do better than the 26 mpg held by the current model.

 

Shanika Simmons

About shanikasimmons

Shanika Simmons, senior at Spelman College, will be receiving her degree in Economics in May 2013. Raised in a small town, Shanika moved to Atlanta to further her education in 2008. Combining her love for economics and writing, she began her blog "A Broke Student's Handbook" in 2012. Since then, Shanika has received many opportunities to write for Global Good Network, TBA Magazine, and The AUC Network. Now Broke2Dope.com, her blog has transformed to a place where students can find money management advice, features, tips, and budget friendly fashion ideas.

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