2012 Chevrolet Corvette pricing announced

Article by Christian Andrei, on June 15, 2011

No official statement has been given yet but pricing information for the 2012 Corvette range has already been sent to the North American Chevrolet dealers. It’s to be expected that with the Corvette’s multiple improvements, its pricing will increase. The 2012 Corvette is more expensive by $505 to $1,250, depending on the model.

For instance, the entry-level Corvette Coupe has a starting price of $49,995 and it can go as high as $50,500. Shipping costs, which rise by $25 to $975, are included.

Meanwhile, the Corvette Convertible ranges from $54,995 up to $55,500. The Corvette Grand Sport Coupe is priced from $55,995 to $56,900. In addition, the price of the Corvette Grand Sport Convertible goes up from $59,995 to $60,500.

In addition, the Corvette Z06 hardtop is priced from $75,325 to $76,500, while the range-topping Corvette ZR1 has increased by $111,250 to $112,500. The options for the 2012 Corvette are also more expensive.

The Z06 Ultimate Performance package costs $7,500, the Centennial Special Edition is priced at $4,950, the Z06 Carbon Fiber package has a price tag of $3,995, and Z06 Magnetic Selective Ride Control is priced at $2,495. The ZR1 Performance package has a price tag of $1,495 and the Grand Sport Heritage package costs $1,195.

The chrome aluminum wheels are $1,995 on the Z06 and Grand Sport, $2,000 on the ZR1 and $1,850 on the standard coupe and convertible.

The Chevrolet Corvette Centennial Special Edition costs an extra $4,950 that can be chosen for any Corvette model. But there is a 2012 Corvette that will get a price drop. The ZR1 costs $75 lower to $112,500 (inclusive of the $975 shipping charge).

Among the most impressive options for the Chevrolet Corvette are the new Michelin Pilot Sport Cup Zero Pressure tires. As they’re designed for competitions, they have outstanding handling characteristics particularly when cornering. That’s why these tyres are offered with the lightweight 505hp (377 kW) Z06 and the 638 hp (476 kW) supercharged ZR1.

These options can be combined with the impressive Performance Traction Management (PTM) technology features, exclusively available with a Corvette. This technology maximises torque delivery and from all indications, the tyres will set the benchmark for all their future models’ performance from now on.

From initial performance indications, it would appear there may be as much as an 8% increase in lateral acceleration which upon testing brought with it an average of 3 seconds improvement in lap speeds at the Virginia International Raceway. These improvements have taken it to 1.1g and come with a much better braking distance.

These optional tyres were engineered by the same team who work for the Corvette Racing team for the American Le Mans series; they are essentially a street-legal model of a racing tyre. The tyres can be included in the Z07 performance package on the Z06 Corvette, and the ZR1 PDE performance package. They are available in satin black or machined finish and both the front (285/30-19) and the rear (335/25-20) tyres are five pounds lighter (2.2 kg) and much stronger than the previous 20-spoke wheel.

The PTM system is much more advanced than the one offered in 2012, it is now able to offer greater traction, and an increase in the on-track performance via active handling and an enhanced selective ride control when cornering allow for a much smoother acceleration.

Both the Z07 and the PDE packages come with a racing-style spoiler to aid aerodynamics, whilst the Z06 model is now available with the innovative Magnetic Selective Ride Control, which is the world's fastest-reacting suspension technology.

The Z07 chassis package also contains Brembo carbon ceramic brakes and Michelin Pilot Sport 2 tyres. These come as standard on the ZR1 along with an improved gear shift for the fifth and sixth gear manual transmission gearbox, which upon testing has shown a marked 2 mpg improvement in fuel efficiency when driving on the highway.

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