2024 Chevy Corvette E-Ray Costs Nearly $40,000 More Than the Base Stingray

The 2024 Chevy Corvette E-Ray coupe has a starting price of $104,295; the convertible adds $7000 and starts at $111,295.That targa-topped E-Ray is nearly $40,000 more than the base Stingray coupe, which starts at $65,895.The new E-Ray is a 655-hp all-wheel-drive hybrid that’s slated to go on sale later this year.

The 655-hp hybrid all-wheel-drive 2024 Chevrolet Corvette E-Ray will require customers to cut a significantly bigger check compared with the base C8 Corvette Stingray. Not only does the E-Ray’s $104,295 starting price enter six-figure territory, but it’s nearly as expensive as the track-focused Z06 model, which opens at $109,295.

Opting for the convertible hybrid will cost even more, as the droptop E-Ray starts at $111,295 for the base 1LZ trim. That $7000 price gap is the same one that separates the Z06 coupe from the convertible, which has a base price of $116,295.

Both E-Ray variants are offered with multiple option packages. A Performance package, for instance, includes Michelin Pilot Sport 4S summer tires (Michelin Pilot Sport all-seasons are standard) and other upgrades. There are also stripe packages and carbon-fiber appearance packages that will raise the bottom line even further. However, Chevy has yet to release detailed pricing for those options.

To offset the price discrepancy somewhat, the Corvette E-Ray comes standard with features that are otherwise optional on the base Stingray. The list includes magnetorheological dampers (an $1895 option on the 2023 Stingray) and carbon-ceramic brakes (available only on the Z06). The E-Ray’s 160-hp electric boost counts for something too, as the hybrid uses the same gas-fed 6.2-liter V-8 as the Stingray but adds a front-mounted electric motor to the mix—bringing the powertrain’s combined output to a lofty 655 horsepower.

Chevy hasn’t yet started taking orders for the 2024 Corvette E-Ray, but the company says it will go on sale later this year.

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