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Arctic White 2020 Chevy Corvette Coupe 1LT Z51 Heads to Auction at No Reserve

Remember that guy who listed his C8 for $2 million on Facebook Marketplace? Well, in addition to private sellers, dealers are also marking up the Stingray like there’s no tomorrow because demand outstrips supply.
Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51 12 photos
Photo: Mecum Auctions
Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51Arctic White 2020 Chevrolet Corvette Coupe 1LT Z51
If you’re thinking about ordering a 2021 model, you'll likely have to wait a lot for it. “We got tons of people lined up for 2022,” said Finch Chevrolet sales consultant Morgan Crosbie in a recent video. To make matters worse, “we have started to take deposits for the anniversary editions in 2023.”

Given these circumstances, you’re left with very few ways of getting the C8 without markup and relatively low miles. Mecum Auctions, for example, has been tasked with hammering this lovely Stingray Coupe at no reserve.

250 miles (402 km) are shown on the odometer, which means the maximum torque is electronically limited in lower gears. The mid-engine Corvette with the small-block LT2 motor does that in the first 500 miles (804 km) of the break-in period, and the rev limit is also lowered to 4,500 instead of 6,500 rpm.

Finished in Arctic White over Adrenaline Red for the leather upholstery on the GT1 seats, this fellow here is also rocking eight-way power driver and passenger seats, Bright Red brake calipers, and the Z51 Performance Package. This option includes the NPP exhaust system, which unlocks five more horsepower and five more pound-feet out of the V8 engine.

Rated at 495 horsepower and 470 pound-feet (636 Nm) of torque, this 1LT is the lowest trim level available. Running this specification through Chevrolet’s online configurator, we can also estimate how much this car used to cost new.

That would be $66,585, including the destination charge, or $59,995 excluding optional extras. Despite these figures, you can bet ten bucks that bidding will get pretty wild. No reserve on such a sought-after vehicle is the perfect recipe for ridiculous hammer prices that will only exacerbate the supply-and-demand problems of the Stingray.

As a brief refresher, Chevrolet will build a total of 20,368 units for the 2020 model year, half of the original plan of at least 40,000 vehicles. Of those, 2,663 coupes are 1LTs like the Corvette before your eyes.
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About the author: Mircea Panait
Mircea Panait profile photo

After a 1:43 scale model of a Ferrari 250 GTO sparked Mircea's interest for cars when he was a kid, an early internship at Top Gear sealed his career path. He's most interested in muscle cars and American trucks, but he takes a passing interest in quirky kei cars as well.
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