Car market

Chevrolet Corvette Price Increased 10 Times Within Half an Hour

It is about a new 2024 E-Ray version, the first electrified Corvette, that was sold at the Barrett-Jackson auction in Palm Beach at $1,15 million the other day!

The first retail example, a blue-colored 2024 Chevrolet Corvette E-Ray 3LZ VIN 001, went under the hammer at the famous U.S. auction for a seven-figure sum.

The proceeds go to DonorsChoose – a non-profit organization that allows individuals to donate directly to public school classroom projects. The winning bidder is not a random person: this is Rick Hendrick. CEO of Hendrick Motorsports and NASCAR stalwart.

What We Know of the 2024 Chevrolet Corvette E-Ray

The Chevrolet Corvette E-Ray 3LZ coupe starts at $113,850 (MSRP excluding a destination charge, tax, title, license, dealer fees, and options). So, the cost of the auctioned car increased almost 10 times within just about 30 minutes!

The starting prices for the Corvette E-Ray 1LZ and 2LZ are $102,900 and 108,400, respectively. The E-Ray hybrid has gone out in public earlier this month at the New York Internation Auto Show, accompanied by other new Chevrolets.

The Corvette is a classic sports car and America’s national treasure, so to say, along with the Ford Mustang. Finally, after 70 years and 8 generations, this traditional rear-wheel-drive model gets an all-wheel drive system for the first time: e-AWD is standard for the 2024 Corvette E-Ray. 495 hp come from a 6.2-liter LT2 V8 engine and 160 hp from the e‑AWD (electric drive unit), the total output is 655 hp.

Chevrolet Corvette E-Ray Hybrid 2024
2024 Chevrolet Corvette E-Ray Hybrid

The E-Ray is not only the first hybrid and all-wheel-drive Corvette, but it is also the fastest variant of the model, with a zero to 60 mph time of just 2.5. seconds. The car is made for all-season touring.

Chevrolet Corvette E-Ray Cabin
2024 Chevrolet Corvette E-Ray Interior

Key Features:

  • Standard all-season tires and Magnetic Selective Ride Control
  • Stealth Mode to allow driving short distances at limited speeds by use of electric power to the front axles
  • Optional ZER Performance Package with performance enhancements
  • Standard Head-Up Display
  • Available Performance Data Recorder
  • Available 14-speaker Bose Performance Series system 
  • New driver information screens to display a host of performance parameters

The 2024 Chevrolet Corvette E-Ray should go on sale in late 2023.

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