If you’ve already placed an order for your 2020 C8 Vette, then you’re probably okay

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A video posted by Chevy Dude, a Youtuber and Chevy Salesman that tends to get a lot of insider information, has brought forth news that Chevy is revoking or canceling C8 Corvette allocations to dealers nationwide. The amount of allocations is said to be somewhere in the neighborhood of 15-20 percent. Right off the bat, this sounds troubling, especially if you’ve placed an order, but it’s not as cut and dry as it sounds.

Is Chevy Cancelling C8 Corvette Orders?

As of right now, there’s no evidence that Chevy is, in fact, canceling orders for the Chevy C8 Corvette. It is cutting allocations to some dealers, but as you’ll learn from the video above, the automaker is focusing on allocations of unsold C8s. So, if the dealer down the road was allocated two build slots and couldn’t sell the car, then the dealer probably isn’t getting either car. If someone has ordered them, however, chances are that Chevy isn’t canceling the order.

Chevy Dude is citing that there are some “internal issues with the car” while others are saying that the reduced allocations come from a delay in production after the United Auto Workers Strike. If anything, this will certainly penalize dealers that were overcharging for build slots and have yet to make a sale as, chances are, they’ll be the first to lose their allocation altogether.

Chevy is Reportedly Canceling Some Dealer Allocations of the 2020 C8 Corvette – But It's Not What You Think Exterior
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On that note, we’ve reached out to Chevy to see what they had to say about the whole ordeal, and we got the same message as other outlets:

"We have had to make adjustments to our planned dealer allocations due to the work stoppage we experienced last year. We’re not providing specifics on the level of adjustments."
Chevrolet Corvette C8 specifications
Engine LT2, 6.2-liter, n/a V-8, mid-mounted
Power 490 hp, 495 hp w/ the Z51 pack
Torque 465 lb-ft, 470 lb-ft w/ the Z51 pack
Transmission 8-speed DCT
0-60 mph 2.9 s
Top speed 194 mph
Price tag $59,995

With that said, it wouldn’t be a good move for Chevy to start canceling allocations that have already been booked, so if you fall into that category, I suggest you wait patiently for your number to be drawn. The last we heard, customer car production of the C8 Corvette Kicks off in early February, so those that were first to order should be taking delivery sometime in the near future. If you want to learn more about what’s going on behind the scenes, check out our more recent coverage:

Latest Update From Leading Corvette Salesman Paints a Clearer Picture of the 2020 Chevy C8 Corvette

The C8 Corvette Z06 Is Taking Aim at the Porsche 911 GT2 RS on the Track!

New Details About the 2021 Chevy C8 Corvette Z06 Hint at a Massive Wing, Track-Focused Performance

The First Production 2020 Chevy C8 Corvette Just Became the Fourth Most Expensive Vette Ever Sold at Auction

Two GM Employees Test the Chevy C8 Corvette in the Right (and Illegal) Way in Bowling Green, Kentucky

Robert Moore
Editor-in-Chief and Automotive Expert - robert@topsped.com
Robert has been an auto enthusiast his entire life. He started working cars at a young age, learning the basics from his father in the home garage on the weekends. As time went on, Robert became more and more interested in cars and convinced his father to teach him how to drive when he was just 13 years old. Robert continued working on cars in his free time and learned as much as he could about engines, transmissions, and car electrical systems, something that only fed his curiosity more and eventually led him to earn a bachelors degree in automotive technology with a primary focus on engine performance and transmission rebuilding.  Read More
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