Car Dealer Declines $101k Offer for Corvette E-Ray, Later Expresses Regret Within Few Weeks
The Chevrolet Corvette E-Ray, a supercar within its range, has recently seen a drop in its selling price by $12,500, making it a more appealing option for potential buyers. This price adjustment has resulted from a seller holding out for an extra month, leading to a lower selling price.
The Corvette E-Ray, now available for $89,000, boasts a 6.2-liter V8 engine equipped with a cylinder deactivation system for improved fuel efficiency. This specific model, a 2024 Corvette E-Ray 3LZ Coupe in Arctic White, is a well-equipped example, offering excellent value for money in its class.
Initially listed on Bring a Trailer, the E-Ray later moved to SBX CARS for auction. Despite the price drop, the bidding for this particular E-Ray on Bring a Trailer reached $101,500, indicating a strong interest in the model.
While the Corvette E-Ray's base U.S. price for the 2025 model is around $119,745 for the fully loaded 3LZ trim, market trends and pricing in 2023 and early 2024 show significant depreciation on used models shortly after purchase. For example, a 2024 Corvette E-Ray 3LZ Coupe sold for approximately $89,000 after initially having an MSRP near $119,000.
Production of the E-Ray remains limited, underscoring its exclusivity, with only about 3.3% of total Corvette production being E-Rays in 2024. In Europe, the E-Ray is priced substantially higher due to factors like exchange rates, regulatory adaptations, and the inclusion of only the highest trim 3LZ model.
Despite being overshadowed by the Z06 upon release, the E-Ray offers unique advantages. With an all-wheel drive system, it is quicker in a straight line than the Z06. Additionally, its softer suspension setup makes it a better daily driver option.
In summary, while the Chevrolet Corvette E-Ray supercar’s base U.S. price is around $120k-$130k for the top trim in 2023-2025, the market shows notable depreciation on used models shortly after purchase, creating price opportunities. European prices are significantly higher due to import and compliance costs. Production remains limited, underscoring its exclusivity.
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