Would you, in a sound mind, buy a four-cylinder F-Type, or the Toyota-powered Evora instead of the new mid-engine, V-8 powered, C8 Corvette?

Only days after the introduction of the revolutionary mid-engine Corvette, officials from the Australian GM hand – Holden – reported that they plan big with the new Corvette on the Australian market. It will be called the Holden Corvette, but GM will produce it at the Kentucky, Bowling Green factory in the right-hand drive configuration right next to standard ’Vette. It is the first Corvette in history to be offered in a RHD configuration. However, unlike the American Corvette that starts at amazing sub $60,000, the Australian Corvette will be the most expensive Holden ever. Early reports from Australia tell us that Holden will sell the Corvette C8 Stingray in a $160,000-$200,000 price bracket. Converted in U.S. dollars, that roughly comes to $112,000-$140,000.

So, yes, the U.S. seems to be the only country where you will be able to get the new C8 Corvette for cheap (somewhat). While Holden boss, Dave Buttner, wants to take on European and Japanese performance vehicles like the Ferrari and Acura with it, Chevrolet, on the other hand, have an easier job. Undercutting $60k with a mid-engine sports monster puts Chevy in a position to take the buyers from basically any sports car showroom in the U.S.

If GM does the reliability thing right, then I ask you would you rather go for the Supra, Cayman, basically any two-door Beemer, or the new ’Vette? Heck, I’ve deduced something else, even more disturbing. With the new mid-engine C8 Corvette Stingray, the sales of used mid-engine Italian exotics could fall dramatically. The new ’Vette is a disturbance in the force if ever there was one.

The astonishingly courageous move by Chevrolet and GM put the Corvette in a position to attract buyers of basically any performance vehicle. In the U.S., this very car will fight for buyers with completely different sports cars than in the rest of the world. I am not talking Ferrari, Acura, Lamborghini, or even Audi here. I think that this is the list of cars that the new mid-engine Chevrolet Corvette looks to steal buyers from.

2020 Toyota Supra - $50,000 - $100,000 With Dealer Markup

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Introduced with as much hype as the mid-engine Corvette, the latest Toyota Supra is a huge deal in the car world. Only, Toyota does not make it. BMW does! This did put a bit of a strain on the relationship between the Toyota Supra fans and Toyota itself. Plus, the Supra isn’t cheap. Well, at least from the perspective of a $60k mid-engine car that can accelerate to 60 mph in less than 3 seconds.

Pick all the options on the entry-level Supra, and its price will touch $60k - if the dealer doesn't pull that market adjustment crap.

That’s precisely the same price of the new Chevrolet C8 Corvette Stingray, before options, of course.

So, put yourself in the position of a driver who has $60,000-$70,000 to spend, and wants to buy something fast, cool, and full of character. the Supra or the Corvette then?

Five Cars The 2020 Chevy C8 Corvette Stingray Could Render Obsolete
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However you cut it, the Corvette seems to be a better deal. It does have fewer disadvantages compared to the Supra. The C8 is the first mid-engine Corvette – a concept we are waiting for more than 50 years. Secondly, it has a V-8 with 495 horsepower, and it has the coolness factor no Supra can achieve. Plus, it has like 50 liters more in the trunk.

It just feels like a properly done job.

Chevy definitely knew all of this and decided to price the Corvette C8 so it can attract even the most avid Supra fans.

2020 Chevy C8 Corvette vs. 2020 Toyota Supra
Chevy C8 Corvette Toyota Supra
Engine 6.2-Liter V-8 3.0-liter BMW Inline-Six
Transmission Eight-speed DCT Eight-Speed Auto
Horsepower 495 335
Torque 470 lb-ft 365 lb-ft
0-60 mph >3 sec 4.1 sec
Top Speed 200 mph (est) 155 mph
Curbweight 3,366 lbs 3,397 lbs
Power-to-Weight 325 hp per ton 201 hp per ton
Price <$60,000 $50,000 - $100,000

Read our full review on the 2020 Toyota Supra

2019 Lotus Evora - $95,000

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As a mid-engine British sports car, the Lotus Evora never received the credit it deserved. Not only is it good to drive, fun to throw around the track, and somewhat attainable on the used car market, but the latest editions of the Evora proved to be rather fast. With a Toyota-sourced 3.5-liter engine, the latest iterations of this mini mid-engine sports car can produce some serious performance. Not as serious as the new Corvette, though, I am afraid.

With the prices on the used car market haggling around $50k for some 2010-ish models, the Evora is more attainable than ever.

But, please, tell me, would you, in a sound mind, go for a five-to-eight-year-old mid-engine Evora, or get that $10k somewhere, and buy a freaking mid-engine Corvette with a V-8?

2017 Lotus Evora Sport 410 High Resolution Exterior Wallpaper quality
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Heck, I am pressed to see who would buy the latest 2019 Lotus Evora 400 for more than 100k instead of a mid-engine Corvette C8. Even if the dealership markups go as high as $30k for the new ’Vette (which they probably will), the Lotus is in a rough spot with the expensive Evora. I am sure that even proper Lotus enthusiasts would have to think twice about purchasing the Evora instead of the Corvette.

2020 Chevy C8 Corvette vs. 2019 Lotus Evora
Chevy C8 Corvette Lotus Evora
Engine 6.2-Liter V-8 3.5-liter V-6
Transmission Eight-speed DCT Six-Speed Manual
Horsepower 495 400
Torque 470 lb-ft 302 lb-ft
0-60 mph >3 sec 4.1 sec
Top Speed 200 mph (est) 186 mph
Curbweight 3,366 lbs 3,175 lbs
Power-to-Weight 325 hp per ton 286 hp per ton
Price <$60,000 $95,000

Read our full review on the 2019 Lotus Evora

2020 BMW M2 Competition - $58,900

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The BMW M2 Competition sells for $58,900 in the U.S. It is, for many, the best M car and a definite treat on the streets and the track. It is also a two-door coupe with Euro-expensive maintenance, and a slightly outdated interior. Not that I would not like to have it and give it a bash around the track, but I’d want that mid-engine C8 Corvette more.

While the M2 definitely is a bit more practical compared to the Vette (390 liters in the boot compared to 357 liters in the Vette), I can see some random buyers with $60k or so Googling the Corvette, not the M2.
2019 BMW M2 Competition Exterior
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Compared to the current M2

The performance also says a thing or two about these two, completely unrelated cars. The quickest and the fastest BMW M2 Competition can jack up to 60 mph in 3.9 seconds. The slowest ’Vette C8, on the other hand, does it a second quicker. The C8 Corvette will probably do a quarter of a mile about a second faster compared to the M2 Competition (it needs about 12.4 seconds for the job).

2020 Chevy C8 Corvette vs. 2020 BMW M2 Competition
Chevy C8 Corvette BMW M2 Competition
Engine 6.2-Liter V-8 3.0-liter BMW Inline-Six
Transmission Eight-speed DCT Six-Speed Manual
Horsepower 495 405
Torque 470 lb-ft 406 lb-ft
0-60 mph >3 sec 4.2 sec
Top Speed 200 mph (est) 155 mph (174 mph unlimited)
Curbweight 3,366 lbs 3,600 lbs
Power-to-Weight 325 hp per ton 248 hp per ton
Price <$60,000 $58,900

Read our full review on the 2020 BMW M2 Competition

2020 Jaguar F-Type - $61,600

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Charming in a way only a posh British gentleman can be, the Jaguar F-Type brought clear E-type vibes to the new generation. While clearly a massive improvement over the XK, the Jaguar F-Type, actually did not break any new ground.

It is fast, but not the fastest.
It is cool, but not the coolest.

It is, however, expensive. The F-Type base model starts at $61,200. Just as a Corvette with the destination charge, and one or two options.

Unlike the mid-engine C8 Corvette, the Jaguar F-type comes with a front-mounted, 2.0-liter, four-cylinder engine that develops 296 horsepower.

I still find this car really cool! The thing is, however, that the Corvette simply offers so much more, it threatens Jaguar F-type’s existence on the U.S. market.

2019 Jaguar F-TYPE Checkered Flag Limited Edition Coupe Exterior
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For much the same money, the mid-engine C8 Corvette offers 200 horsepower more, far better performance, a mid-engine layout, and, at 357 liters, only 50 liters of luggage space less compared to the F-type. You can definitely live with that!
If you want some V-8 goodness from the F-type for the same buck as the all-new C8 Corvette, you’d have to check out used examples. Even then, it seems that the new C8 Corvette undercuts the F-Type’s price.

Heck, GM did an incredible job by pricing the C8 at $60,000. Don’t kill me for saying so, but I feel that even with dealership markups, the Corvette will take away buyers from all the cars I’ve mentioned here.

2020 Chevy C8 Corvette vs. 2020 Jaguar F-Type
Chevy C8 Corvette Jaguar F-Type
Engine 6.2-Liter V-8 2.0-liter four-cylinder
Transmission Eight-speed DCT Eight-Speed Auto
Horsepower 495 296
Torque 470 lb-ft 295 lb-ft
0-60 mph >3 sec 5.4 sec
Top Speed 200 mph (est) 155 mph
Curbweight 3,366 lbs 3,362 lbs
Power-to-Weight 325 hp per ton 195 hp per ton
Price <$60,000 $61,600

Read our full review on the 2020 Jaguar F-Type

Porsche 718 Boxster, Porsche 718 Spyder, Porsche 718 Cayman, and Porsche 718 Cayman GT4 - $56,900 - $100,450

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Revealed only a few weeks before the C8 Corvette, the Porsche Cayman GT4 (and its roofless sibling) feels amazingly similar to the Corvette. Only on paper, though.
They have a rear mid-mounted engine, rear-wheel drive, and some serious, track-worthy, features. Especially if you go for the naturally aspirated monster called the Cayman GT4.

However, all similarities stop there.

The type of a buyer who is actually into the Porsche 718 Cayman GT4 is a long-time Porsche enthusiast, with probably a few more Porsches in his garage and a few subscriptions to race tracks in his vicinity.

Plus, it is not a type of a buyer who would save to buy his mid-engine car.

2020 Porsche 718 Cayman GT4
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The problem becomes evident when a buyer who knows about the C8 Corvette enters the Porsche dealership and asks for a fast mid-engine car? Then, however impressive the 718 line of cars is, it merely feels like a downgrade compared to the mid-engine Corvette. And then there’s the price of the thing. The cheapest 718 Cayman starts at $56,900. That one comes with a four-cylinder and 300 horsepower. See the similarities with the F-Type there? The most expensive – the GT4 – tips $100,000. That’s the real problem. Next to the 2020 C8 Corvette, all the sports cars simply feel too costly. The 718 in particular feels even worse.

2020 Chevy C8 Corvette vs. 2020 Porsche 718 Cayman GT4
Chevy C8 Corvette Porsche 718 Cayman GT4
Engine 6.2-Liter V-8 4.0-liter flat-six
Transmission Eight-speed DCT Six-Speed Manual
Horsepower 495 414
Torque 470 lb-ft 309 lb-ft
0-60 mph >3 sec 4.2 sec
Top Speed 200 mph (est) 188 mph
Curbweight 3,366 lbs 3,199 lbs
Power-to-Weight 325 hp per ton 285.5 hp per ton
Price <$60,000 $100,450

Read our full reviews on the Porsche 718 Boxster, Porsche 718 Spyder, Porsche 718 Cayman, and Porsche 718 Cayman GT4

Conclusion

Five Cars The 2020 Chevy C8 Corvette Stingray Could Render Obsolete
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I know that some would say that I compare apples and oranges here and they would be right. The thing is that the new C8 ’Vette gives you so many apples that the oranges somehow sound like a terrible deal! And no one wants to do bad deals in life!

Also, possible and probable dealer markups that will happen as soon as this car hits dealerships won’t last forever. In a year and a half, the C8 Corvette will still be as quick and as lovely, but you will be able to buy it for manufacturers proposed MSRP. In the case of the C8 Corvette Stingray – that’s less than $60k. Astonishing!

Further reading

Five Cars The 2020 Chevy C8 Corvette Stingray Could Render Obsolete
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Wait, the All-New 2020 Chevrolet Corvette C8 is Priced How Much?!

The 9 Mid-Engine Corvette Concepts That Didn't Make it To Production
- image 806310

Read all about the mid-engined Corvette concepts that never made it to production!

2020 Chevrolet Corvette Zora ZR1 Computer Renderings and Photoshop
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Read our speculative review of the 2020 Chevrolet Corvette Zora ZR1

2019 Chevrolet Corvette ZR1 Exterior
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Read our full review of the 2019 Chevy Corvette ZR1

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