The Last 2019 Corvettes Are Selling Out Fast
Photo: Chevrolet
The 2020 Corvette is almost upon us. Hype for the latest iteration of the classic car is off the charts, with upwards of 40,000 individual vehicles already ordered. It’s safe to say that Chevrolet is on the verge of yet another Corvette success story. However, the interest in the latest Corvette has had an interesting effect on the sales of the previous model. According to Chevy, the last 2019 Corvettes are selling out fast, with fewer than 2,600 cars currently left on dealer lots.
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The last 2019 Corvettes
An uptick in sales for outgoing models – especially so close to the release of the newer version – is certainly nothing new. However, the rate at which the last 2019 Corvettes are selling is pretty unexpected. Back in November, Chevy was reporting the number of 2019 Corvettes in dealerships around the country as being around 5,000. This means that, in only three months, that number has been sliced almost in half. What’s more, Chevy is estimating that this number may plummet even further to a total of 2,000 cars in only a week’s time.
The reasoning behind this rapid drop in dealer inventory is varied. One explanation could be the dissatisfaction some Corvette enthusiasts have in regard to the 2020 model moving its engine from the front of the car to the rear. Many fans of the car are not thrilled with this change, and could be rushing to get final front-engine models. Another major reason is undoubtedly the discounts currently being offered by many dealerships. With a new stock of 2020 models on the way, dealers are reducing prices on the last 2019 Corvettes by anywhere from $8,000 to $9,000 off MSRP.
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If you’ve had your eye on a shiny new 2019 Corvette, it might be wise to act sooner rather than later.
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