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By Eric Brandt
Updated January 30, 2025
Chevrolet fulfilled an old prophecy when the C8 generation of the iconic Corvette came out in 2020 with a mid-engine configuration. It has been rumored for decades, and we couldn’t be happier that it’s finally a reality. The standard V8 engine delivers thrilling acceleration, and the mid-engine layout translates to outstanding handling without sacrificing comfort.
The Chevrolet Corvette continues to be one of the best values in sports cars. It has the performance and the refinement to compete with much more expensive luxury sports cars like the Audi R8 and Porsche 911, but it’s priced closer to the mid-engine Porsche 718 Boxster and Cayman. If you’re looking for supercar-like performance and aesthetics on a relatively modest budget, the Corvette is an unbeatable value in this segment.
2022 Chevrolet Corvette pricing starts at $64,962 for the Corvette Stingray Coupe 2D, which had a starting MSRP of $62,295 when new. The range-topping 2022 Corvette Stingray Convertible 2D starts at $69,739 today, originally priced from $69,795.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$62,295 | $64,962 | |||
$69,795 | $69,739 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2022 Chevrolet Corvette models in typical condition when purchasing from a dealership. These prices are updated weekly.
While the mid-engine C8 generation is unlike any other Corvette before it, it’s still powered by a large, naturally aspirated V8 engine. Delivering power to the rear wheels through a quick-shifting 8-speed DCT transmission, this V8 delivers lightning-quick acceleration and a top speed of up to 194 mph. With that drivetrain matched to the well-engineered mid-engine layout and agile handling, the Corvette is a bona fide American supercar.
The C8 Corvette continues the nameplate’s reputation as a sports car you can drive every day. It’s comfortable and composed in everyday street driving, and it’s even pretty good on gas for a V8-powered sports car. The Corvette is indeed a car you can drive to work during the week and take to the track on the weekend. It gets even better with optional Magnetic Ride Control, which adds adaptive dampers that improve comfort and performance.
Drive modes can change the personality of the Corvette by quite a bit. These drive modes adjust various systems like power delivery, suspension, steering, and more. The self-explanatory drive modes include Tour, Weather, Sport, and Track. There’s also a customizable Z-Mode you can activate with a button on the steering wheel.
The Z51 option package available across the whole model range improves the performance of the Corvette. By tweaking the suspension, brakes, and exhaust while adding upgraded tires, a heavy-duty cooling system, and an electronic limited-slip differential, the Corvette becomes a better track toy while still being a great sports car to drive on the street. With the Z51 package, the 0-60 mph time of the Corvette is just 2.9 seconds.
The interior of the Chevy Corvette is extremely driver-focused. It has a cockpit that practically wraps around the driver with nicely laid-out controls that are easy to reach and use, even during spirited driving.
The long spine of buttons between the seats may be intimidating at first, but they’re more intuitive than you might think. Also, the square-shaped steering wheel might look odd at first glance, but it quickly becomes clear why it’s designed the way it is to maximize comfort and visibility while being easy to control.
Two-seater sports cars aren’t known for their practicality, but the Corvette has a surprising amount of cargo space. The generous cargo space in the trunk and the “frunk” — front trunk — combined with the comfortable seats makes the Corvette a surprisingly practical daily driver as long as you don’t need back seats.
The mid-engine architecture of the Chevrolet Corvette gives it an exotic yet muscular aesthetic. It doesn’t look quite like its predecessors, but it still looks distinctly like a Corvette. It has sharp angles throughout the well-sculpted body with a bulge housing the big V8 engine. The air ducts in the front fascia and behind the doors are prominent but not too outrageous.
Something we love about this exterior is that topless fun is an option on every 2022 Corvette. The coupe model comes with a painted, removable roof panel, and the convertible has a retractable hardtop. The convertible opens up the cabin more than the removable roof panel does, and unlike the coupe, you can put the top up and down while you’re driving.
MID-ENGINE LAYOUT
After decades of rumors, the mid-engine Corvette finally arrived in 2020, and we’re still excited about it. It gives the iconic Corvette the supercar status it deserves.
Z51 PERFORMANCE PACKAGE
The available Z51 package adds extra style and performance to the Corvette without adding much to the price. It adds performance exhaust, brakes, and suspension, plus some aesthetic upgrades.
Part of what makes the Corvette such a good value is the generous list of standard features on the base 1LT trim. Standard features include dual-zone automatic climate control, Bose 10-speaker audio, OnStar, remote start, power-adjustable seats and steering column, rear parking sensors, and a mechanical limited-slip differential.
The standard infotainment system is an 8-inch touchscreen with Wi-Fi hotspot capability and wireless Android Auto and Apple CarPlay. Right in front of the driver is a 12-inch fully digital gauge cluster with multiple selectable modes and gauge configurations.
Upgrading to the 2LT trim adds some excellent luxury and tech features. It adds navigation, Bose Performance Series 14-speaker audio, a head-up display, a front camera, a rear camera mirror, a performance data and video recorder, heated and ventilated seats, power seat bolsters, a heated steering wheel, a wireless charging pad, and a garage door opener.
The 3LT trim has equipment similar to the 2LT model and is primarily an interior upgrade. It has GT2 bucket seats (optional on LT2), a custom leather-wrapped interior package, and a suede microfiber-wrapped upper interior trim package.
A couple of safety tech features that come standard in the 2LT and 3LT trims include rear cross-traffic alert and blind-spot monitoring.
One of the most appealing option packages for the Corvette is the Z51 Performance Package, which you can add to any trim as either a coupe or convertible. Z51 brings an appearance package with a unique rear spoiler and front splitter, but the real reason to get it is the performance upgrades. These include a performance-tuned suspension, brakes, exhaust, and rear axle ratio, plus an electronic limited-slip differential. It also adds high-performance tires and a heavy-duty cooling system making it more ready for track use.
The IMSA GTLM Championship C8.R Edition ($6,595) available for the 3LT models is new for 2022. It commemorates the dominance of the C8.R in the IMSA GTLM 2020 season. It requires the Z51 Performance Package and is primarily an appearance package imitating the racecars it’s based on. It’s available in Accelerate Yellow or Hypersonic Gray with yellow brake calipers, unique wheels, a high-wing spoiler, and “C8.R Edition” badging.
There is a wide variety of options that allow you to customize the exterior and interior to your liking. From contrast stitching to wheel options and even the color of the seat belts, this is a sports car that you can make your own without the price getting insane.
In its third model year of production, the C8 Corvette still only has one engine option. Chevrolet has promised that the track-ready Z06 variant will be ready for the 2023 model year. While we wait for that, we’re more than content with the naturally aspirated 6.2-liter V8 behind the seats.
The engine makes 490 horsepower and 465 lb-ft of torque. The performance exhaust that comes with the Z51 package adds 5 hp and 5 lb-ft of torque. Every Corvette has rear-wheel drive and an 8-speed dual-clutch automatic transmission. We’d love to see a manual option, but this DCT delivers quick and satisfying shifts.
6.2-liter V8
490 horsepower @ 6,450 rpm (495 w/performance exhaust)
465 lb-ft of torque @ 5,150 rpm (470 w/performance exhaust)
EPA city/highway fuel economy: 15/27 mpg
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | - | - | - | ||
2023 | + $75,540 | $75,540 | $72,645 | ||
2024 | $8,772 | $66,768 | $62,519 | ||
Now | $5,506 | $61,262 | $56,986 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3366 lbs. | ||
---|---|---|---|
Fuel Capacity | 18.5 gallons | ||
Front Head Room | 37.9 inches | ||
Front Leg Room | 42.8 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 182.3 inches | ||
Front Shoulder Room | 54.4 inches | ||
Trunk or Cargo Capacity | 12.6 cu.ft. | ||
Wheel Base | 107.2 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 2 doors | ||
Power Folding Exterior Mirrors | Available | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 16 mpg | ||
---|---|---|---|
Highway | 24 mpg | ||
Combined | 19 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Premium | ||
Dual-Clutch Automatic Transmission | Available | ||
Limited Slip Differential | Available | ||
Parking Assist System | Available |
Horsepower | 455 @ 6000 RPM | ||
---|---|---|---|
Torque | 460 @ 4600 rpm | ||
Engine | V8, 6.2 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 6 years / 100000 miles |
Rear Camera Mirror
The available camera mirror turns the rearview mirror into a backup camera when the Corvette is in reverse. This is handy since the rear visibility is pretty limited.
Rear Cross-Traffic Alert
On top of the standard backup camera, this optional feature alerts you of potentially hazardous traffic while backing up your Corvette.
Side Blind-Zone Alert
Standard on 2LT and 3LT models, side blind-zone alert makes lane changes safer and easier.
Used 2022 Chevrolet Corvette | Used 2022 Toyota GR Supra | New 2025 Chevrolet Corvette | Used 2022 Ford Mustang | ||
---|---|---|---|---|---|
Price | $64,962 | $53,625 | $69,995 | $78,475 | |
KBB.com Rating | 4.7 | 4.4 | 4.7 | 4.5 | |
Consumer Rating | 3.7 | 3.2 | 3.7 | 4.6 | |
Fuel Economy | City 16/Hwy 24/Comb 19 MPG | City 22/Hwy 30/Comb 25 MPG | City 16/Hwy 25/Comb 19 MPG | City 12/Hwy 18/Comb 14 MPG | |
Fuel Type | Gas | N/A | Gas | N/A | |
Safety Rating | N/A | N/A | N/A | 5.0 | |
Seating Capacity | 2 | 2 | 2 | 2 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 455 @ 6000 RPM | 382 @ 5800 RPM | 490 @ 6450 RPM | 760 @ 7300 RPM | |
Engine | V8, 6.2 Liter | 6-Cyl, Turbo, 3.0 Liter | V8, 6.2 Liter | V8, Supercharged, 5.2 Liter | |
Drivetrain | RWD | RWD | RWD | RWD |
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The 1LT Coupe starts at $60,900. Equipping a 3LT Convertible with a lavish number of options could reach $92K. This review’s pricing section goes into greater detail and compares the Corvette’s value proposition against those of its rivals.
Really quick. The Z51 package enables a standstill-to-60 mph time of 2.9 seconds. The Corvette is also capable of hitting a top speed of 194 mph. That’s fast enough for anyone.
Peak output of 490 horsepower is achieved at 6,450 rpm. Unless the performance exhaust is fitted, then it’s 495 horsepower.
Yes, the 2022 Chevrolet Corvette is a good car, as reflected by its above-average Kelley Blue Book rating of 4.7 out of 5.
The 2022 Chevrolet Corvette is rated to return city/highway fuel economy of 16/24 mpg.
Used 2022 Chevrolet Corvette prices currently range from $64,962 for the Stingray Coupe 2D to $69,739 for the Stingray Convertible 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2022 Chevrolet Corvette is the Stingray Coupe 2D, with a Kelley Blue Book Fair Purchase Price of $64,962.