2024 Chevy Corvette E-Ray

Price Range: $104,900 - $122,850 ^{Price range reflects Base MSRP for various trim levels, not including options or fees.}

2024 Chevrolet Corvette E-Ray Convertible Exterior

2024 Chevrolet Corvette E-Ray Coupe Exterior

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19 mpg

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$102,172

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by Edmunds Test Team

2024 Chevrolet Corvette E-Ray Review

byDan Frio^{Correspondent
Dan spent many years covering the go-fast, look-good, get-loud corners of the automotive universe. First, he served as editor of enthusiast magazines AutoSound and Honda Tuning, then as executive editor at SEMA News, the publishing arm of the trade group that produces the annual SEMA Show (yes, that show). As a contributor to Edmunds, he now likes to keep the volume low and the speed limit legal, providing expert car-shopping advice to drivers looking for the perfect match.}

Pros

Impressive power and acceleration
High handling limits don't take heroic skill to reach
Relatively affordable price for what you get

Cons

Not the easiest car to get in and out of
Poor rear visibility

What's new

New electrically assisted E-Ray model debuts
Adds more advanced driver assist features
Part of the eighth Corvette generation introduced for 2020

Overview

Chevrolet is wasting no time winding up the Corvette purists. First it introduced the radically altered current-generation Corvette with its mid-engine layout and wild cockpit design. Now four years later, Chevy's made it a hybrid. OK, not exactly. But the 2024 Corvette has joined the march of progress by adding an electric motor to supplement its signature V8 muscle, a motor that sends more than 100 horsepower to the front wheels and effectively makes the Corvette a 600-plus-horsepower, all-wheel-drive sports car. In a final dash of cheek to the naysayers, Chevy has called it the E-Ray.

Cost to Drive^{Cost to drive estimates for the 2024 Chevrolet Corvette E-Ray 2dr Coupe AWD w/1LZ (6.2L 8cyl gas/electric hybrid 8AM) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.89 per gallon for premium unleaded in Virginia.}

Monthly estimates based on costs in Virginia

$248/mo

$157/mo

Avg. Compact Car

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Edmunds spotlight: The 2024 Corvette E-Ray

The E-Ray's electric motor is powered by a small battery pack that recharges itself during deceleration and braking. Rather than real hybrid efficiency, the electric motor simply augments the performance of the primary 6.2-liter V8 power source behind the front seats. Chevy says the E-Ray will sprint from 0 to 60 mph in 2.5 seconds, which would make it one of the quickest cars on sale today. The electric motor does offer one handy benefit for early-rising commuters, though. The battery can power the E-Ray in EV-only Stealth mode at speeds up to 45 mph, meaning you won't have to worry about the V8 waking the neighbors as you make an early escape for some empty backroads. The Corvette E-Ray will also come standard with Brembo carbon-ceramic brakes, useful for fade-free braking if you decide to sign up for a local track day.

Competitors to consider

Competition is understandably fierce when it comes to the Corvette. For a similar mid-engine balance, the Porsche 718 Cayman and Boxster are exceptional alternatives, especially if you opt for the six-cylinder engines. The BMW M4 is a more conventional front-engine coupe that offers more in the way of practicality, while the new Ford Mustang delivers comparable levels of V8 Americana. Overall, the Corvette is one of our favorite sports cars on the road — be sure to read our Expert Rating below for our full deep dive — and the new E-Ray looks to make it even better.

What’s it like to live with?

Edmunds bought a 2020 Chevrolet Corvette, and so far we've driven it more than 26,000 miles. We love its performance and comfort, and surprisingly for a V8-powered sports car, its average mpg. We've kept track of its maintenance costs and share what we think of its technology and what it's like as a daily driver. For complete details and for several videos, make sure to check out our Corvette long-term road test.

Which Corvette does Edmunds recommend?

For the money, the midlevel 2LT trim (or the Z06's 2LZ trim) offers the best value. It costs about 10% more but builds on the base trim features with extras such as heated and ventilated seats, wireless phone charging, navigation, upgraded Bose audio system, and blind-spot warning with rear cross-traffic warning.

Compare 2024 Chevrolet Corvette trim levels

Helpful trims summary and side-by-side comparison chart

Chevrolet Corvette models

The 2024 Chevrolet Corvette, high-performance Z06 and new E-Ray hybrid model are each available as a coupe (with a manually removable roof panel) or as a convertible featuring a power-retractable hardtop. The standard Corvette Stingray comes in 1LT, 2LT and 3LT trim levels, while the Z06 and E-Ray are offered in 1LZ, 2LZ and 3LZ trims. Keep reading for our breakdown of the Corvette's engines, features and key options.

The Stingray and Z06 come with mid-mounted V8 engines matched to an eight-speed dual-clutch automatic transmission and rear-wheel drive. The standard Stingray's 6.2-liter V8 engine makes 490 horsepower and 465 lb-ft of torque, while the Z06 gets a high-revving 5.5-liter V8 making 670 hp and 460 lb-ft of torque.

The E-Ray comes with the 6.2-liter V8, slightly uprated to 495 hp and 470 lb-ft, but adds an electric motor that sends power to the front wheels. Together, the V8 and electric motor generate 655 hp and give the Corvette all-wheel-drive capability.

Standard feature highlights include:

1LT
Standard features include:

19-inch front and 20-inch rear wheels
LED headlights
Brembo brakes
Limited-slip differential (helps maximize available traction during hard acceleration)
Heated outside mirrors
Keyless entry with push-button start
Power-closing hood
Power-adjustable leather seats
Power-adjustable and leather-wrapped steering wheel
Digital instrument panel with three themes based on driving mode
8-inch touchscreen infotainment system with Google built-in
Apple CarPlay and Android Auto smartphone integration (with wireless connectivity)
10-speaker Bose audio system
Forward collision warning with automatic braking (warns you of an impending collision and applies the brakes in certain scenarios)
Lane keeping assistance (steers the vehicle back into its lane if it begins to drift over the lane marker)
Rearview mirror camera
Rear parking sensors
Automatic high beams

2LT
The midlevel trim upgrades comfort and usability with:

Auto-dimming and power-folding outside mirrors
Heated and ventilated seats
Heated steering wheel
Additional power adjustments for driver and passenger seats, plus memory settings
14-speaker Bose audio system
Wireless smartphone charging
Performance data recorder (records info and video for high-performance driving)
Front-view parking camera
Head-up display (displays important information in your sight line on the windshield)
Rearview mirror camera
Blind-spot warning with rear cross-traffic warning (alerts you if a vehicle is in your blind spot during a lane change or while reversing)

3LT
The top trim level comes with premium materials, such as:

GT2 sport seats
Premium leather upholstery
Leather-wrapped interior panels
Microfiber headliner

Feature highlights for the Corvette Z06 and E-Ray include:

1LZ
The base Z06 and E-Ray start off with:

20-inch front and 21-inch rear forged wheels
High-performance summer tires
Unique front and rear fascias
LED headlights
Performance exhaust system (its sound varies depending on drive mode)
Performance Brembo brakes
Performance-oriented traction control system
Magnetically controlled performance adaptive suspension dampers
Electronically controlled limited-slip rear differential
Front splitter and adjustable spoiler
Heated outside mirrors
Keyless entry with push-button start
Power-adjustable leather seats
Power-adjustable and leather-wrapped steering wheel
Digital instrument panel with 3 themes based on driving mode
10-speaker Bose audio system
8-inch touchscreen infotainment system
Apple CarPlay and Android Auto smartphone integration (with wireless connectivity)
Head-up display (displays important information in your sight line on the windshield)
The 1LT's safety features

2LZ
The midlevel trim adds these features:

Auto-dimming and power-folding outside mirrors
Heated and ventilated seats
Heated steering wheel
Additional power adjustments for driver and passenger seats, plus memory settings
14-speaker Bose audio system
Wireless smartphone charging
Performance data recorder (records info and video for high-performance driving)
Front-view parking camera
Rearview mirror camera
Blind-spot warning with rear cross-traffic warning (alerts you if a vehicle is in your blind spot during a lane change or while reversing)

3LZ
The top-spec trim adds these upgraded features:

GT2 sport seats
Heated leather-wrapped carbon-fiber steering wheel
Premium leather upholstery
Leather-wrapped interior panels
Microfiber headliner

Notable options and packages for the Corvette include:

Front lift system (raises the front end of the Corvette at low speeds to help avoid scraping the nose on driveways or speed bumps)
Magnetically controlled adaptive suspension dampers (Stingray only)
Removable transparent roof panel (coupe model only)
Removable carbon-fiber roof panel (coupe model only)
Carbon-fiber spoiler and exterior trim
Carbon-fiber wheels (Z06 and E-ray only)
Competition-style bucket seats

Z51 Performance package (Stingray only; these features can also be added as stand-alone options)

Upgraded Brembo brakes
Performance suspension (available with optional magnetically controlled adaptive dampers which include a performance-oriented traction control system)
Performance exhaust (adjustable exhaust sound and 5-hp boost)
Electronically controlled limited-slip rear differential
Unique front splitter and spoiler
High-performance tires
Heavy-duty cooling

Z07 Performance package (Z06 only; most of these features can also be added as stand-alone options):

Carbon-fiber aerodynamic enhancements
Magnetically controlled high-performance adaptive suspension dampers
Carbon-ceramic Brembo brakes
Gray brake calipers
Ultra-performance summer tires

Save as much as $4,423 with Edmunds ^{Click on the trim you’re interested in to see what Edmunds suggests you should pay to get a good deal. Savings vary by trim; $4,423 refers to estimated savings off of MSRP for the E-Ray trim.}

2024 Chevrolet Corvette E-Ray pricing in Ashburn, VA

Edmunds suggests you pay

Build & Price

Chevrolet Corvette Reviews

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1(4%)

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2024 Chevrolet Corvette videos

U-DRAG RACE: BMW M8 Competition vs. Chevy Corvette E-Ray | Quarter Mile, Handling & More

Welcome back to Edmunds U-Drags, our series of down-and-back drag races that incorporate a standing quarter mile, handling, and a rolling start all in one race! In this episode, the shockingly quick BMW M8 Competition takes on the electrifying Chevy Corvette E-Ray in a battle of luxury GT vs. full-blown sports car.

2024 Chevrolet Corvette Features & Specs

Type:

E-Ray

Base MSRP Excludes Destination Fee	$104,900
Engine Type	Hybrid
Combined MPG	19 MPG
Cost to Drive	$248/month
Seating	2 seats
Cargo Capacity All Seats In Place	12.5 cu.ft.
Drivetrain	all wheel drive
Warranty	3 years / 36,000 miles

See all features & specs

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Chevrolet Corvette vs. BMW M4

The compact M4 doesn't look like a rival to the sleek, fighter jet-style Corvette, but its power and performance are right on par with the Stingray. The M4 is the peak performer in BMW's 4 Series lineup, and like the Corvette, it's available as a coupe and convertible. Unlike the mid-engine Corvette, the M has a front-mounted engine and offers more powertrain options such as a manual transmission and all-wheel drive. The base models of both sports cars have similar starting prices and horsepower. When we compared the Corvette and the M4 Competition at the track, the Corvette was quicker to 60 mph and stopped from 60 mph in a shorter distance.

Compare Chevrolet Corvette & BMW M4 features

Chevrolet Corvette vs. Porsche 718 Cayman

Porsche's entry-level sport coupe, the 718 Cayman, is light, nimble and almost telepathically responsive thanks to exceptional steering feel. While it's not exactly cheap, few cars in this price range are as rewarding for driving enthusiasts. It's even available as a convertible, sort of — the 718 Boxster is essentially a Cayman without the fixed roof. But the Corvette has its own signature thrill courtesy of its V8 and refined suspension. If you're looking for more power and quicker acceleration, the Corvette is the way to go. It's also more comfortable and offers superior tech. The higher-horsepower Cayman S is a closer analog to the Stingray, but it's also more expensive.

Compare Chevrolet Corvette & Porsche 718 Cayman features

Chevrolet Corvette vs. Ford Mustang

Ford has discontinued the Shelby GT500 and this year's Mach 1 successor, but the 2024 model year will introduce a new Mustang generation — the seventh, for those keeping score — and along with it, the new Mustang Dark Horse trim. It will come with a 500-horsepower V8, a six-speed manual transmission, and several options aimed at high-performance and track-oriented driving. When Edmunds tested the Mach 1, it stopped from 60 mph in a shorter distance than the Corvette and boasted impressive grip. We expect the Dark Horse to offer similar performance. The Corvette, however, has superior acceleration, offers more comfort, and sports a more striking design.

Compare Chevrolet Corvette & Ford Mustang features

Safety

Our experts’ favorite Corvette safety features:

Side Blind Zone Alert: Alerts you if a vehicle in the next lane over is in your blind spot. Helps prevent a collision when changing lanes.
Rear Cross-Traffic Warning: Warns you if a vehicle behind you is about to cross your vehicle's path while you're in reverse. Helpful when backing out of parking spaces.
Rear Camera Mirror: Displays a live camera video feed in the rearview mirror, replacing the reflected image. Helps mitigate the Corvette's limited rear visibility.

2024 Chevrolet Corvette First Impressions

byCameron Rogers

•1/17/2023

What is the Corvette?

The current Corvette C8 is a world of firsts for Chevrolet: It's the first Vette with the engine behind the driver, it's the first Vette with a motor featuring a flat-plane crankshaft, and now for 2024, it's the first Vette with — purists, please take a seat before continuing — all-wheel drive and an electrified powertrain. And to throw a few more superlatives into the mix, it will also be the quickest and likely the most fuel-efficient Corvette ever, too. The 2020s is shaping up to be the decade of Corvette dominance.

What's under the Corvette's hood?

Let's rewind a bit. The standard Corvette, remember, uses a 6.2-liter V8 engine pushing out 490 horsepower and 465 lb-ft of torque to the rear wheels. Opting for the Z51 package (which features a performance exhaust system) bumps output to 495 hp. Thanks to the ample power on tap, the traction provided by the engine placement and a dual-clutch automatic transmission, the Corvette rockets from 0 to 60 mph in 3.4 seconds (3.2 seconds if you factor in 1 foot of rollout) in Edmunds' testing.

If that sprint time doesn't get you out of bed in the morning, the new-for-2023 Z06 replaces the motor with a smaller 5.5-liter unit. But its exotic flat-plane crankshaft allows the engine to rev freely to its 8,600 rpm redline, producing a brain-melting wail that has to be heard to be believed. Output rises to a lofty 670 hp and 460 lb-ft. Chevy's claimed 0-60 mph time drops to a staggering 2.6 seconds, making it the quickest Corvette to ever roll off the production line in Bowling Green.

Until the E-Ray storms onto the scene, that is. It sticks with the 6.2-liter engine — producing 495 hp and 470 lb-ft in this application — to power the rear. It also adds an electric motor at the front axle, which pumps 160 hp and 125 lb-ft to the front wheels. The resulting 655 horsepower and all-wheel traction give the E-Ray the juice to sprint to 60 mph in 2.5 seconds, which would make it one of the quickest vehicles on sale today. And while the electric motor exists primarily to fuel performance, it should also make the E-Ray the most efficient Corvette ever. The 1.9-kWh battery pack can store and mete out enough power to operate the sports car in the EV-only Stealth mode at speeds up to 45 mph.

The Corvette E-Ray isn't solely focused on eco tech, however. A set of Brembo carbon-ceramic brakes come standard, useful for fade-free braking if you show up to your local track day behind the wheel of an E-Ray. Also standard is the fourth-generation of Chevy's Magnetic Ride Control adaptive suspension with three settings. Lastly, in an effort to highlight the year-round capability that the E-Ray can deliver, a set of Michelin Pilot Sport all-season tires (with 20-inch wheels in the front and 21 inches in the rear) will come standard. Thankfully, buyers will also be able to specify Pilot Sport 4S summer tires for fully exploring the E-Ray's performance capabilities.

How's the Corvette's interior?

The E-Ray looks much like the standard Corvette on the inside; the cabin's driver-focused interior layout remains the same, though trim finishes may vary slightly from the standard model. New for all 2024 Corvettes is a dark green interior accent that Chevy calls Artemis. There also be a few different carbon-fiber trim packages, three seat options and seven total interior colors.

Edmunds says

Extreme performance and efficiency? The 2024 Chevrolet Corvette E-Ray promises both, and we can't wait to take a spin. Look for it at your local Chevy dealer this fall, with prices starting at $104,295.

FAQ

Is the Chevrolet Corvette a good car?

The Edmunds experts tested the 2024 Corvette both on the road and at the track. What about cargo capacity? When you're thinking about carrying stuff in your new car, keep in mind that the Corvette has 12.5 cubic feet of trunk space. And then there's safety and reliability. Edmunds has all the latest NHTSA and IIHS crash-test scores, plus industry-leading expert and consumer reviews to help you understand what it's like to own and maintain a Chevrolet Corvette. Learn more

What's new in the 2024 Chevrolet Corvette?

According to Edmunds’ car experts, here’s what’s new for the 2024 Chevrolet Corvette:

New electrically assisted E-Ray model debuts
Adds more advanced driver assist features
Part of the eighth Corvette generation introduced for 2020

Learn more

Is the Chevrolet Corvette reliable?

To determine whether the Chevrolet Corvette is reliable, read Edmunds' authentic consumer reviews, which come from real owners and reveal what it's like to live with the Corvette. Look for specific complaints that keep popping up in the reviews, and be sure to compare the Corvette's average consumer rating to that of competing vehicles. Learn more

Is the 2024 Chevrolet Corvette a good car?

There's a lot to consider if you're wondering whether the 2024 Chevrolet Corvette is a good car. Safety scores, fuel economy, cargo capacity and feature availability should all be factors in determining whether the 2024 Corvette is a good car for you. Check back soon for the official Edmunds Rating from our expert testing team Learn more

How much should I pay for a 2024 Chevrolet Corvette?

The least-expensive 2024 Chevrolet Corvette is the 2024 Chevrolet Corvette E-Ray 2dr Coupe AWD w/1LZ (6.2L 8cyl gas/electric hybrid 8AM). Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $104,900.

Other versions include:

E-Ray 2dr Coupe AWD w/1LZ (6.2L 8cyl gas/electric hybrid 8AM) which starts at $104,900
E-Ray 2dr Coupe AWD w/2LZ (6.2L 8cyl gas/electric hybrid 8AM) which starts at $110,400
E-Ray 2dr Convertible AWD w/1LZ (6.2L 8cyl gas/electric hybrid 8AM) which starts at $111,900
E-Ray 2dr Coupe AWD w/3LZ (6.2L 8cyl gas/electric hybrid 8AM) which starts at $115,850
E-Ray 2dr Convertible AWD w/2LZ (6.2L 8cyl gas/electric hybrid 8AM) which starts at $117,400
E-Ray 2dr Convertible AWD w/3LZ (6.2L 8cyl gas/electric hybrid 8AM) which starts at $122,850