2017 BMW 550I vs 2023 Chevrolet Corvette

What's the difference?

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BMW 550I
BMW 550I

2017 price

Chevrolet Corvette
Chevrolet Corvette

2023 price

Summary

2017 BMW 550I
2023 Chevrolet Corvette
Safety Rating

Engine Type
Turbo 6, 3.0L

V8, 6.2L
Fuel Type
Premium Unleaded Petrol

Premium Unleaded Petrol
Fuel Efficiency
7.7L/100km (combined)

0.0L/100km (combined)
Seating
5

2
Dislikes
  • Softer than petrol-powered sibling
  • Boot smaller due to batteries
  • Hard to match fuel claims in real world

  • Interior is a fraction cramped
  • Switchgear can be confusing at a glance
  • Dual-clutch trans lacks that last little polish
2017 BMW 550I Summary

Eco-friendly vehicles are the leather pants of the new-car world; it takes a lot of money to make them look good (but people who own them think they look fantastic regardless). If you don't have a gazillion dollars to drop on a Tesla,  then it's a one-way ticket to Prius town. And really, who wants that? 

But what if it didn't have to be that way? Behold the BMW 530e iPerformance.

Seemingly tired of waiting for the Australian Government to introduce any sort of meaningful subsidy for green cars, BMW has made the choice simple: you can have a petrol-powered 530i for $108,900, or opt for the plug-in hybrid 530e for... $108,900. This is truly revelatory thinking.

There's no specification penalty, either, and the hybrid will power to 100km/h in an identical 6.2 seconds, so you're not even any slower. But you are sipping less fuel, emitting less C02 and basking in the general smugness, and sweet silence, that comes with feeling like you're saving the world.

So what's the catch?

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2023 Chevrolet Corvette Summary

A new Chevrolet Corvette is always news. With a history going back to 1953, the Kentucky-made two-seaters have always been hailed as America’s sports car. Trouble is, for much of that time the claim has been a hollow one.

But this time, Chevrolet seems to be pretty serious about the Corvette’s bona fides as a proper supercar. For the first time in its history, the car is mid-engined, just for a start; a mechanical layout that imposes some compromises but also promises some serious dynamic plusses.

In other ways, the car keeps the Corvette faith with a composite bodyshell stretched over a separate frame – in this case, a back-bone design made from cast and extruded aluminium sections. It’s also every inch a Corvette in terms of its presentation. It’s loud and proud with an exhaust note from its massive V8 engine that’s equal parts Yee and Hah.

The new Corvette’s arrival in Australia has been a story of false starts. It was due to hit showrooms around the start of 2020, but Covid and the collapse of the Holden empire put paid to that. Now, with GM Speciality Vehicles branding, the car is finally on the road here, at a not insubstantial price, that makes it, depending on how you look at it, a very expensive Chevrolet or a very cheap supercar. Perspective, as always, is everything.

The other Corvette habit the new car hasn’t ditched is the ability to use irony as its special power. While Holden’s demise was partly attributed to General Motors’ decision to turn its back globally on right-hand drive cars, the Corvette emerges as the very first time the model has been factory-built in RHD form. Go figure.

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Deep dive comparison

2017 BMW 550I 2023 Chevrolet Corvette

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