New Chevy C8 Corvette

2020 Chevy Corvette has come a long way from this beauty!

Last week Chevrolet showed off the highly anticipated new Corvette. This car’s unveiling wasn’t a huge surprise. There have been plenty of spy videos online for awhile. It appears that they were driving all over California and Michigan working out the glitches on the car. This is an all new car that is going to fall somewhere between your Mustang/ Camero and your Super Cars from Lamborghini and Mclaren. From the images I’ve seen the car looks pretty amazing. Now, if I could just find a way to come up the cash to get myself one. 
The new Corvette has been completely redesigned for the new edition. I saw an interview with one of the engineers online where they stated that the current generation Vette was so good, that the only way to make it better was to make a radical change. No longer is it the biggest, fastest front engine car. It is now a mid engine racehorse. Chevy hasn’t released any hard numbers on performance other than the horsepower. Apparently, they are going to tease us and release top speeds, zero to sixty times later. It looks like a beast and I’m sure it will perform like one.
When I see a fancy new car I always wonder how much auto insurance is going to cost on that new model. Any time a new car is released insurance companies need to figure out how much to charge for insuring the car. They will do their best to charge based off the cost of the vehicle, anticipated part supply and complexity to repair the car. I was looking over this years insurance rates for the current Corvette.  The IIHS will compile all the data from accidents and rank vehicle based on the costs insurance companies paid out for each make and model. As you would expect super cars were some of the most expensive cars to insure. If you look at the Ferrari California Convertible it was 177% more expensive than the average car to fix after an accident. The Lamborghini Huracan was an astonishing 462% more expensive than average to fix. Thus for those two cars you pay an extraordinarily high cost to insure them because it costs so much to fix them. Now, Corvette’s have historically been one of the least expensive sports cars to fix. How will the change from a front mounted engine to mid engine design impact the cost to insure? We won’t know for awhile.
Here’s the IIHS website. It’s a great tool to find cars that are cheap to fix and also ones that are safer to drive. https://www.iihs.org/ratings/insurance-losses-by-make-and-model
It looks like there are already enough pre orders for the car to fill the entire first year’s production. I don’t know how that is possible since they haven’t even given what the exact price of the car is going to be. But, if you have a blank check and you want one any time soon you had better go online and put your reservation in.  Give me a call to get a quote for auto insurance before you drive your new Chevy off the lot. 951-395-0754