Highlights of the story
- The eighth-generation Corvette will debut on the evening of July 1
- The Corvette is being tested by The classic car insurance Hagerty is considered the most collectable car of all time
- It is rumored that GM could introduce a 1000 PS edition of the 'Vette.
Almost seven decades after its debut, the Corvette is undergoing a dramatic makeover.
The eighth generation of the typical American sports car, cited by enthusiasts as the C8, will be unveiled as the 2020 Corvette Stingray on Thursday night.
Hundreds of films, such as Mark Hamill's Corvette Summer, and numerous songs such as Prince's Little Red Corvette, the sports car of General Motors, are closely interwoven with American culture.
With a starting price of less than $ 56,000, it's far more accessible than many of its exotic European competitors.
Renowned for its affordability as well as its lightweight, powerful and low-profile design, the Vette "The Corvette has existed as an American car in its own category," Hagerty CEO McKeel Hagerty said. "It's a pretty magical story through and through, it's very obvious they'll do it again."
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The # Vette, a Chevrolet model built by General Motors in Bowling Green, Kentucky, undergoes one of the biggest changes: the engine shifts from underneath the hood to the middle of the car, what makes it a "mid-engine" car, similar to some of the fastest vehicles in Europe.
This change is aimed at making the vehicle even faster and better at navigating sharp turns.
It's the first complete vehicle overhaul since GM revived the seventh-generation Stingray moniker, which was introduced as a 2014 model.
To keep the flame alive, GM must do the following with the 2020 Corvette Stingray:
A "Vette is not a Vette without some serious zipper. So expect the engine of the C8 to wake up your neighbors.
Karl Brauer, publisher of the car information pages Kelley Blue Book and Autotrader, predicted a range of 460 to 500 hp for the base model of the 2020 car.
How strong is the 2020 Corvette?: It is rumored that the frame was distorted in tests
. However, expect eye-catching numbers for the loaded editions, including a possible ZR1 super sports car.
There were rumors this year The new Corvette had to be delayed because it was so strong that its frame was distorted in track tests. Industry observers have speculated that the soaring version could reach an amazing 1,000 horsepower.
The particularly powerful edition sounds like an "incredible performer and fire-breathing monster," Hagerty said.
The new mid-engine Chevrolet Corvette made its first public appearance when GM CEO Mary Barra and Chief Engineer Tadge Jüchter drove across New York City.
Detroit Free Press
Do not change too much
Moving to a mid-engine setup poses risks when you consider that the smallest changes occur to a rabid vehicle The following can cause anxiety. (When the engineers at the 2014 redesign abandoned the car's typical round headlights, the critics were elated, but some fans were upset.)
However, many Vette enthusiasts have been asking for such a mid-engine version for years. Even the GM technician Zora Arkus-Duntov, who has turned the car into a powerhouse, is said to have proposed a mid-engined version from the start.
Many fans rely on GM to get it right.  A 1963 Chevrolet Corvette. ” width=”540″ data-mycapture-src=”” data-mycapture-sm-src=””/>
A 1963 Chevrolet Corvette. (Photo: Hagerty)
"I've never met a Corvette that I did not love," said Chris Mazzilli, owner by Dream Car Restorations on Long Island and co-founder of Corvette Heroes, which conducts a raffle of 36 Corvettes from the first 36 model years at CorvetteHeroes.com in a National Guard Education Fund action.
A widespread change that may not be well received by fans: the elimination of the gear manual.
Brauer said the shifters are likely to go away for the Corvette, though he doubts that this will lead to many sales losses. After all, the gear lever dies slowly.
Pay attention to the price
The attractiveness of the Corvette has long been based on the price. You do not have to be a multimillionaire to get a new one.
"They have always tried to be state-of-the-art at a reasonable price," Mazzilli said $ 55,900 in 2019 is more than most of us can afford, but it's still way below six-figure competitors Aston Martin and Ferrari. "It's a great value over the years," Hagerty said. "Not a bargain basement, but cutting-edge technology for a fraction of what the rest of the world has to offer."
However, it is widely expected that GM will raise the price for the 2020 edition. How much is too much?
Brauer said it's possible that GM will be lifted with the new # Vette, assuming that its loyal fan base remains and that it should possibly prioritize cars with lower volume and higher profits.
Addressing Younger Buyers
Here GM has a big challenge with 1953: According to Hagerty, the Corvette's most loyal fans are typically Baby Boomers or older Generation X members.
What can GM do to address a younger audience and ensure Vette's longevity?
That's hard to say, although one step could be to offer a powertrain with batteries and electric motors.
According to Brauer, a plug-in hybrid version of the Corvette is possible.
References from the Past
The 2020 Corvette has to appeal to young buyers, but also to use the qualities they have brought so far.  You can learn lessons with the 1967 Corvette L88 Coupe, which set the record for the most expensive Vette of all time, when it was sold in 2014 by the Barrett-Jackson auction for $ 3.88 million diluted society of elite racial beasts Epoch.
GM was also able to orient itself on the second-generation Corvette from the mid-1960s, when the car was in bloom. The average value of the second-generation Corvette is the highest, according to the Hagerty Price Guide, averaging $ 162,148.
Do not repeat the mistakes of the fourth-generation, high-volume Corvette. According to the Hagerty Price Guide, it is the cheapest average Corvette with 13,726 USD.
Follow the reporter Nathan Bomey of USA TODAY on Twitter @ NathanBomey .
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