C8 Corvette Order Banks Currently Facing Two-Year Backlog
C8 Corvette Order Banks Currently Facing Two-Year Backlog
C8 Corvette order banks are currently sitting at just over 55k units, which are going to take a while to fulfill.
It’s no secret that the C8 Corvette has been one of the hottest automotive models on the planet since its launch in 2019 for the 2020 model year, but that demand hasn’t let up one bit. In fact, the mid-engine version of America’s sports car still sells for over its MSRP price at many dealers, while also commanding a premium on the used vehicle market as well. One could always just order a new Corvette, but those that do are also likely facing a long wait, as according to a new report from GM Authority, which indicates that C8 Corvette order banks are bogged down with a roughly two-year backlog at the moment.
There are reportedly 55,573 C8 Corvette orders pending at the moment – for both the Stingray and Z06 – which, based on the current output at GM’s Bowling Green, Kentucky plant, would take around two years to fulfill. The company managed to build 25,831 Corvettes in 2022 and just over 26k in 2021, which is where this estimate comes from. GM has been working to ramp up production of its popular sports car, but as most are aware, that isn’t the easiest thing to do in today’s supply constrained world.
Current C8 Corvette order banks are filled with cars that range from what the automaker calls 2500 to 3799 status, the former representing orders that have already been processed for production to the latter, which consist of vehicles that are in production but have yet to have a VIN booked.
If for no other reason, this information is notable because GM has been coy in terms of revealing just how many Corvette orders it’s sitting on, likely because the real numbers are a bit concerning to anyone that’s already placed an order or is thinking about it. Many people simply don’t have the patience to wait two years to wait for their new vehicle, or simply don’t want to.
Of course, you can always go out and simply buy a C8 that’s already sitting on a dealer lot or procure one from a private party, but it’ll most likely cost you a premium to do so. And while most of us would never dream of doing such a thing, there are plenty of folks willing to shell out extra dough in exchange for receiving their Corvette fix a bit faster.
Photos: Chevrolet
