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2020 Chevrolet Corvette C8 Price Starts At $59,995

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New Chevrolet Corvette Stingray (C8)

Chevrolet wasn’t kidding when it said the C8 Corvette would start at less than $60,000.

The 2020 Corvette Stingray has a after a $1,095 destination fee, which means it costs a mere $3,000 more than the base C7 Corvette Stingray.

Chevy’s mid-engine supercar is the performance bargain of the century, seeing as no other performance car offers as much value at such a low price.

So what does $59,995 get you? A generously-equipped 2020 Corvette Stingray 1LT, which comes with a formidable list of standard features such as a 12.0-inch digital instrument cluster, an 8.0-inch touchscreen infotainment system with Apple CarPlay and Android Auto compatibility, eight-way power seats wrapped in Mulan leather, a leather-wrapped steering wheel with power tilt and telescoping functions, a 10-speaker Bose audio system, dual-zone automatic climate control, rear parking sensors, and a proximity key.

Kicking off at $66,200, the mid-level 2020 Corvette 2LT build’s up on the 1LT’s standard features with a host of key comfort and convenience items, including a head-up display, a wireless phone charger, heated and ventilated seats with a memory function, a heated steering wheel, a 14-speaker Bose premium audio system, an in-dash navigation system, power-folding mirrors, a rearview mirror that projects a camera feed, a front-end camera, blind-spot monitoring, and rear-cross-traffic alert.

Finally, the top-trim Corvette 3LT price starts at $71,945 and is mostly a cosmetic upgrade over the 2LT, making everything fancier with leather and “sueded microfiber” that cover most interior surfaces. It also comes standard with the 2LT’s optional GT2 sport seats, complete with Napa and Mulan leather seating surfaces and carbon fiber trim.

All 2020 Corvette Stingray models are powered by a mid-mounted 6.2-liter V8 that produces 490 horsepower and 465 pound-feet of torque. An eight-speed dual-clutch transmission and dry-sump oil system come standard, as well as Brembo brakes and Michelin Pilot Sport ALS run-flat tires.

Buyers can shell out for the optional performance exhaust system ($1,195) that raises the V8’s output by 5 horsepower and 5 lb-ft. of torque to 495 hp and 470 lb-ft.

Alternatively, they can opt for the $5,000 Z51 package, which bundles the performance exhaust system with a performance suspension setup, an electronic limited-slip differential, a front splitter, a rear spoiler, improved cooling, a package-specific rear-end ratio, bigger Brembo brakes, front brake cooling inlets, and high-performance summer tires.

If you’re interested in knowing the myriad of ways you can customize your 2020 Corvette C8, we recommend checking out the . Deliveries begin in early 2020.

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Advice

How To Choose A Car For Your Teenager In 4 Easy Steps

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Find Good Car For Teen Driver

Learn how to get your teen driver ready to own a car and drive safely.

It might seem like just yesterday they were toddling around in footie pajamas, begging you for one more bedtime story, or refusing to eat anything but chicken nuggets and carrot sticks. Now your child is taller than you, loves Korean food — the spicier the better — and just passed his driver’s test!

Before you know it, he’ll be heading off to college, but for the time being, you’re looking forward to having someone else in the family who can run errands and pick up your youngest from gymnastics class.

Buying a car for your newly minted driver makes a lot of sense. Before you head to the dealership or start browsing Craigslist for beaters, take a look at these tips we’ve compiled to help keep teens safe behind the wheel and teach them responsibility.

Make Sure They Have the Safest Ride Possible

Safety is likely to be your number-one concern, even if it ranks close to last on your teenager’s wishlist. Experts recommend that you get a car with as many safety features as your budget will allow.

Look for features like electronic stability control, blind-stop warning systems, automatic emergency braking, forward collisions warning, backup cameras, and limited acceleration.

In general, the larger a vehicle, the more protection it will provide for passengers, so steer clear of tiny little coupe-style sports cars.

There are some exceptions to this rule, however. Bottom line? Do your research and come up with a list of 10-20 possible makes and models that will .

Budgetary Concerns

There are several different ways to approach the financial aspect of a first car for your teenager; It will depend on your family’s finances, whether or not your child has a part-time job, and whether the car will be theirs exclusively or simply a second household car that they’ll be using often.

You might want to make your teen’s first car a gift, but stipulate that she pay for insurance, gas, routine maintenance, and minor repairs. Or you could ask her to pitch in for the auto’s cost, and split the other expenses as well.

Whatever approach you choose, make sure you set a budget before you begin car shopping.

Most parents in this situation can find something suitable by searching for . Another option is investing in new wheels for yourself, then bequeathing your older, but still safe and functional car to your child.

Set Some Ground Rules

Teenage drivers are notoriously dangerous on the road, so allowing your offspring to get behind the wheel is nerve wracking, to be sure.

But you can ease your worries by establishing for driving and the consequences for not following them. A few basic requirements should include:

  • No texting or cell phone use while driving
  • No drinking or drug use and driving
  • Mandatory seat belt use for everyone in the car
  • Compliance with all speed limits and traffic laws

Some parents do not let their teenagers drive after dark. Others disallow friends or even younger siblings as passengers, as peers can be very distracting to a new driver.
Consider stipulating that your teenager only drives with an adult in the car, or by herself, for the first six to 12 months after getting her license.

There are devices that you can use to monitor your new driver, but use them as a last resort. It’s better to get buy-in from your teen because of practical safety reasons — texting and driving can be fatal, speeding can lead to accidents or tickets — than because they’re being monitored.

Teach Them Necessary Car Maintenance

Teach your teen driver how to perform basic maintenance on a vehicle. Filling the tank with gas, refilling fluids, checking (and possibly changing) the oil, jump-starting the battery, putting air in the tires, and replacing a flat are all skills that any driver should have.

Additional lessons can cover how to drive in snowy or icy conditions, what to do if you start skidding or hydroplaning, de-icing car locks, and other climate-related skills.

Make sure that their trunk is stocked up with first-aid and emergency repair kits, as well as emergency provisions, warm blankets, a scraper and snow brush, extra windshield wiper fluid, and so on.

Lastly, Let Them Go

We know how hard it can be to watch your baby drive off into the sunset and leave you behind. Of course, you’ll be there to help if they should miscalculate and run out of gas, back into a street sign, or get involved in a fender bender.

But once you have passed on all of your knowledge and parented to the best of your ability, the wise thing to do is to stand back and let them go.

Have you ever given your child a car? What was the first car you ever drove? Let us know your thoughts by leaving a comment below!

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Buyer's Guide

5 Tips For Buying A Used Car On Craigslist

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Buying Used Car On CraigslIsts

Craigslist doesn’t have to be a scary place to do your used car shopping.

Craigslist has revolutionized the buying and selling of goods and services. Placing ads is free and the site is well trafficked, meaning you will find a lot of people offering things for sale and looking to make purchases.

You can also cast as wide a net as you’d like, increasing your pool of prospects considerably. For these reasons, buying a used car on Craigslist can be both simple and fraught with peril. Here’s are some tips that will help you experience the former by avoiding the latter.

1. Study the Make and Model Online

to find out what the type of car you like is going for and what its known trouble areas are. This way, you’ll know a good deal when you see one.

You’ll also have a checklist of things to investigate when you drive the car for the first time. If you’re going to need financing to make the purchase, be certain your budget will let you pay for the car you want by running the numbers through a .

While you’re at it, apply for a pre-approved used car loan.

2. Examine Ads Carefully

More pictures are better than a few, especially when those pictures cover every possible detail. Keep in mind that you’re buying a used car, so there are bound to be certain defects. Honest sellers will and take them into consideration when pricing the car.

Grammatical errors and poor spelling in descriptions should be considered something of a red flag. If the seller isn’t willing to put in the effort to present the car in its best possible light, they’re probably the sort of person who’ll neglect its maintenance too.

While you’re looking, cycle back through the ads to see how many times that particular car appears. If it’s been there for a while, there could be a problem. Nicely priced cars in good condition tend to go within a couple of weeks or so.

When you call, pay attention to the mannerisms of the seller. Ask about the car’s history and why it’s being sold. Take note of their responses, you’ll need them when you go see the car in person.

3. Meet In A Public Place, Take A Friend

When you make arrangements to see the car, ask the seller to meet you in at a shopping center, bank or even better — near a police station. Take a friend with you so that you won’t be alone when dealing with a stranger who might think you have a lot of cash on you.

If you decide to test drive the car, ask for the seller’s ID, proof of insurance and the car’s registration card. Inspect these documents carefully to ensure the information matches on all of them. If there are disparities, ask why.

Give yourself enough time to drive the car over a variety of surfaces, as well as on the highway and city streets. Listen for untoward noises and rattles and the like. Go down your checklist of problem areas to ensure the car is free of the typical glitches the model experiences.

Ask again about the car’s history and why the seller is parting with the car. If the responses vary from what you were told on the phone — consider this a red flag.

4. Get it Inspected

If the car seems like it might be the one, ask the seller if they’re open to allowing your mechanic to inspect the car. Scrupulous individuals will be OK with this. While you’re at it, record the car’s VIN so you can run a CARFAX report to see if it has been serviced regularly, or involved in any accidents.

5. Make the Deal

If everything checks out, get back with the seller, make an offer and negotiate the best price you can get. Your research will have given you a solid idea of a fair price, so be reasonable with the person. The last thing you want to do is insult someone who has a good clean car by offering them a stupid low amount. After all, they know what they have too.

Once you’ve agreed upon a price, have them meet you at the DMV to exchange the cashier’s check (never cash) for the title, all of the keys, and the owner’s manual. Have them go into the DMV with you to transfer the title and drive away in your new (to you) car once this is done.

And, that’s all there is to it. Buying a used car on Craigslist really can be a good experience — when you follow the advice above.

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Advice

Find Out How Well Your Vehicle Will Retain Its Value

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Man sitting on old deprecated car

Car buyers often overlook depreciation and the impact it has on their car’s resale value. Don’t make that mistake!

Depreciation stands as the largest expense that comes with owning a vehicle, topping servicing, gas, and insurance. In Canada, the average vehicle loses 34% of its value within just a year. Five years down the line, you’re looking at an average of a 67% drop in value.

Given that around 50% of vehicles in Canada are financed over eight years or more, depreciation is becoming an increasingly important factor. A recent survey by J.D. Power found that the trade-in value of a vehicle is lower than that of the remaining balance on the loan in 33% of cases.

Furthermore, it was found that outstanding payments on a $35,000 vehicle totaled a painful average of $7,000. You’ve probably heard about the fact that the value of a new car declines by up to 10% the minute you , but not all vehicles depreciate equally.

Let’s take a look at the main causes of vehicle depreciation, how you can slow it down, and how to avoid it by buying the right car.

New, 2020 Toyota Corolla Hybrid

Family cars made by Toyota and Honda generally have the lowest deprecation and the highest resale value.

Causes of Vehicle Depreciation

Manufacturer: Who made your car plays a major role in determining its future value. . You’ll quickly notice that Japanese brands, such as Toyota and Lexus, are particularly sought-after, giving them some of the best value-retention rates around.

Vehicle Type: Midsize and compact vehicles depreciate slower than SUVs and luxury sedans due to their lower upkeep and maintenance costs.

Safety Ratings: Safer cars are going to retain their value better than those with low safety ratings. Reliability can also be included in the equation, which would explain why Toyota and Lexus vehicles retain their value so well.

Mileage: Fuel-efficient vehicles generally depreciate slower, which is another reason why small-engined Japanese cars retain the most value. The Toyota Prius is a good example versus, let’s say, an older Mercedes with a gas-guzzling V6 or V8 engine.

Wear and Tear: Naturally, cars that are more dented, scratched and worn away will lose their value faster. If you park yours outside, consider finding an indoor space where your car’s paint and interior won’t be damaged by sunlight.

Vehicle Age: This is an inescapable factor of depreciation. Older cars are heavier on fuel, lower on features, and often less safe, making them less enticing to prospective buyers.

Routine maintenance reduces car depreciation

Driving safely and doing routine maintenance will reduce the depreciation of your car.

How To Slow Down Vehicle Depreciation

Driving safely will help you avoid the biggest blow to your vehicle’s value. Avoid putting on unnecessary mileage and to reduce wear and tear.

Regular maintenance is also important. Frequent oil changes, tune-ups, and new tires can go a long way in reducing the depreciation of your vehicle.

Of course, the most effective way to fight depreciation is to buy a car that retains its value better than others. Use the above-listed factors to make an informed decision. Focus on manufacturer, reliability, safety, fuel efficiency and features.

Conclusion

With this knowledge, you can make a better decision next time you buy a new vehicle. This can help you save yourself from thousands of dollars in potential depreciation losses.

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