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Chevrolet opened the books on 2027 Corvette pricing Monday, and the number that should stop everyone cold is $112,195. That’s what the new Grand Sport X costs — an all-wheel-drive hybrid packing 721 horsepower — and it’s only $1,100 more than the discontinued E-Ray it replaces.

For context, the Z06 now starts at $121,395. The Grand Sport X undercuts it by more than nine grand while offering 186 more horsepower and all-wheel drive. Carbon ceramic brakes come standard.

The only option worth mentioning is a $500 summer tire upgrade to Michelin Pilot Sport 4S rubber, which is the kind of no-brainer that should be checked on every single order form. The real story here isn’t one model. It’s the entire 2027 Corvette pricing ladder, and how the Grand Sport’s return reshapes it.

The base Grand Sport, rear-drive with the new naturally aspirated 6.7-liter LS6 V8 making 535 horsepower, starts at $88,495. That’s a $15,000 jump over the Stingray, which also gets the LS6 this year. During the C7 generation, the Grand Sport premium was closer to $10,000, so Chevy is clearly betting that the chassis upgrades justify the steeper ask.

The Track Performance Package pushes the Grand Sport to $109,190 with Z06-style carbon aero, carbon ceramic brakes, Cup 2R tires, quad center-exit exhaust, and a reworked suspension. That’s still more than $12,000 cheaper than the Z06 itself. You lose the flat-plane crank V8 and its otherworldly wail, but you keep 535 naturally aspirated horsepower and a car built for serious lap times.

Meanwhile, at the top of the food chain, things got expensive fast. The ZR1 jumps $9,700 to $197,195. The ZR1X leaps a staggering $17,800 to $227,395.

Those are not modest adjustments. They signal either rising production costs, opportunistic pricing on a car with a long waiting list, or both. A nearly $18,000 year-over-year increase on the ZR1X is the kind of number that makes even committed buyers flinch.

The Stingray and Z06, by contrast, barely moved — up $1,000 and $1,200 respectively. The Stingray increase is almost suspiciously low given that every 2027 model gets the new LS6, which adds 40 horsepower and 50 lb-ft of torque over the outgoing LT2. Chevy appears to be holding the line on its volume seller while extracting margin from the halo cars.

Order banks open April 16 for most models, though the Grand Sport X won’t be available to order until sometime this summer. That delay matters. Allocation-hungry dealers will be working Stingray, Grand Sport, Z06, and ZR1 orders first. Grand Sport X buyers will need patience — and possibly a relationship with their dealer that goes beyond a handshake.

The convertible tax remains consistent across the lineup. The Grand Sport hardtop convertible starts at $95,495; the Grand Sport X drop-top at $119,195. That X convertible, still cheaper than a Z06 coupe, might be the most compelling open-air performance car in America right now.

Chevrolet has quietly built a lineup where the middle of the range is more dangerous than the top. A 721-horsepower all-wheel-drive hybrid that costs less than a Z06, slotted next to a track-ready Grand Sport that costs less than either — this is the part of the Corvette catalog where the math gets very hard to argue with. The ZR1 gets the headlines. The Grand Sport X gets the allocation calls.

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