4/12/2023 0 Comments Encore consignment![]() Chevy Colorado ZR2 Race Truck Bends Frame, Still Wins Class At Mint 400 March 14, 2023.Sweepstakes Of The Month: Win a 2023 Corvette Z06 Convertible. Subscribe to GM Authority for more mid-engine Corvette news, Corvette C8 news, Corvette news, Chevrolet news, and around-the-clock GM news coverage. Production takes place at the GM Bowling Green plant in Kentucky. All C8 Corvette variants – including the E-Ray – sit on the GM Y2 platform under the skin. The E-Ray’s engine connects to the rear wheels via a dual-clutch eight-speed automatic transmission ( RPO code MLH), while the electric motor in the front axle helps create an all-wheel drivetrain. The front-mounted electric motor works in conjunction with the naturally aspirated 6.2L V8 LT2 with which the E-Ray is also equipped, generating a maximum of 655 horsepower. The upcoming 2024 Chevy Corvette E-Ray, which debuted on January 17 th, brings the Corvette lineup its first-ever hybrid-powered variant. The Z06 is powered by the 5.5L V8 LT6, developing 670 horsepower and 470 pound-feet of torque. ![]() The Stingray sports the 6.2L V8 LT2 engine under the hood as standard, rated at 490 horsepower and 465 pound-feet of torque. The 2022 Chevy Corvette won the KBB 2022 Best Resale Value Award in the Sports Car category.Īs a reminder, GM produces the 2023 Chevy C8 Corvette in the Stingray and the Z06 versions. The award is the second in a row won by the Chevy Corvette. At a starting price of $64,500, the 2023 Vette should have an average resale value of $43,118 after five years. The Corvette is very close to the 65 percent average retained resale value for the top-ten list. Meanwhile, the average new vehicle retains approximately 45 percent of its original price as resale value after 60 months. ![]() No other GM vehicles besides the Corvette made the 2023 top-ten list. The Vette’s five-year resale value is estimated to be 65.3 percent of its original price. ![]() The 2023 Chevy Corvette placed fifth on the list, behind the 2023 model year Toyota Tundra, Toyota Tacoma, Tesla Model X, and Ford Bronco. The selected models are those likely to keep the greatest amount of their original value over five years. Kelley Blue Book also says the vehicles chosen for the list keep their resale value better than 95 percent of competing vehicle models. The publication states that the top 10 “list represents the best of the best, and the threshold for this honor is high.” The 2023 Chevy Corvette won the Kelley Blue Book 2023 Best Overall Resale Value Award, making it to the top 10 models out of those KBB analyzed. ![]()
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