We all were head over heels for the upcoming Chevrolet Corvette since the time it was announced by the company. However, the same iteration has lately been grabbing headlines all for the wrong reasons.

Recent reports now suggest that the C7 generation of the Corvette will be subjected to a price hike ranging from $405 to $2,500. In the same breath, earlier this month, reports confirmed that Chevrolet won’t be bringing the C8 generation Corvette to the Detroit auto show next month that is most likely to replace the C7 generation. Several other sources also stated that the delay was caused due to an electrical issue in the car that had to be fixed by a complete overhaul of its wire harness.

2019 Chevrolet Corvette

Recent reports now suggest that the Corvette will be subjected to a price hike that ranges from $405 to $2,500.

On Monday, Corvette Blogger reported that every C7-generation Corvette variant was in for a price increase. The report stated that the base Corvette Stingray Coupe models were expected to see a minor bump of $405 along with the Corvette Z51 and Corvette Grand Sports coupes. Convertible variants of the Stingray, Z52 and Grand Sport will set the buyers back by $905.

Buyers who are looking for more performance from the Corvette Z06 will be looking at a $1,405 price bump for the coupe and a $1,905 hike for the convertible. The real price bump will, however, be seen on the range-topping Corvette ZR1 which will now be sold for an extra $2000 for the coupe and $2500 for the drop-top. This will make the ZR1 worth a whopping $126,495.

2019 Chevrolet Corvette

The real price bump will, however, be seen on the range-topping Corvette ZR1 which will now be sold for an extra $2000 for the coupe and $2500 for the drop-top.

Buyers can rejoice (sort of), as the lower end of Corvette’s spectrum that includes the C7 Corvette will still offer affordable performance with 455hp on tap from its 6.2-litre V8 engine. The new price for the 2019 Corvette Stingray base trim will rise to $56,995.

Apart from the models with the seven-speed manual transmission, Chevrolet will also increase the price of the ones with the optional eight-speed automatic transmission, which will now cost $1,995 as compared to the earlier $1,725.