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2022 Chevrolet Corvette price and features: Mid-engined V8 GMSV flagship slips in under $145,000

The Chevrolet Corvette is powered by a mid-mounted 370kW/640Nm petrol V8, which sends drive to the rear wheels.

The 2022 Chevrolet Corvette will launch in Australia in the fourth quarter of this year, nearly two and a half years after confirmation the mid-engined sports car would be made available in factory right-hand drive and make its way Down Under.

Three variants will be available – 2LT, 3LT and a special Carbon Edition – all of which will be based on the model year 2022 updates to the Corvette.

The 2LT will open the range at $144,990 before on-road costs, while the 3LT is priced at $160,500. Convertible versions will add $15,000 to the asking price of those two coupes.

As standard, the Corvette will come with a colour head-up display, a 14-speaker Bose sound system and front lift kit as well as the Z51 Performance Package that is available as an option in the US.

The Z51 Performance Package bundles together a bi-modal exhaust, adaptive suspension, large Brembo brakes, an electronic limited-slip differential, extra engine cooling and a front splitter.

Pricing for the Carbon Edition is $189,990, with the grade building on the on the 3LT coupe with the inclusion of a carbon-fibre roof, unique wheels and brake callipers, different interior trim, a unique build number and a special welcome pack.

All 2022 Corvettes are fitted with a 6.2-litre petrol V8, which is now mid-mounted and sends drive to the rear wheels via an eight-speed dual-clutch automatic transmission.

With the Z51’s performance exhaust as standard, the 2022 Corvette will make 370kW/640Nm, which is enough to accelerate it from zero to 100km/h in 2.9 seconds, according to some overseas reports.

Though the Corvette’s price point and engine outputs put it against rivals such as the 375kW/700Nm Mercedes-AMG C63 S coupe ($173,500) and 375kW/650Nm BMW M4 Competition ($159,900), its acceleration time is closer to the likes of the Audi R8 V10 RWD, Ferrari Tributo, McLaren 540C and Lamborghini Huracan that are all at least double its price.

GMSV boss Joanne Stogiannis said: “The long wait is over, the books are open and our dealers are ready to place orders.”

2022 Chevrolet Corvette pricing before on-road costs

VariantTransmissionCost
2LT coupeAutomatic$144,990
2LT convertibleAutomatic$159,990
3LT coupeAutomatic$160,500
3LT convertibleAutomatic$175,500
Carbon Edition coupeAutomatic$189,990

UPDATED: 09/06/2021