Chevrolet Corvette Z06 Australian price: what could it cost in Australia?

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The Chevrolet Corvette Z06 is headed for a likely 2023 releases date in Australia – but what will the new Corvette version cost?

The Z06 flagship has been priced in the USA from USD$106,395 before on-road costs, which is a premium of over $40,000 over a base Corvette. 

If we look at the price difference between a US-spec entry-level C8 Corvette (US$72,850) and the Z06 ($106,395), the snarling Z06 is 30 percent more expensive.

If we add 30 percent onto the entry level price of the $144,990 C8 Corvette here in Australia, we get to a figure of $188,487 as the Australian price before on-road costs for the Z06 variant, however this figure could easily balloon out to over $200,000 when on-road costs are applied. 

And that’s before you get to the excessive dealer delivery charges many GM Special Vehicles stores in Australia appear to be levying on customers trying to take delivery of their Corvette after a long wait.

What is the Z06 Corvette and is it coming to Australia? 

The American-made supercar is the most hardcore edition of the current C8 Corvette platform and will offer a large step-up in performance over the standard Corvette 2LT and 3LT variants. 

The C8 Corvette has already gone on sale here in Australia, with the Z06 variant also confirmed for right-hand drive production. GMSV, the global distributor of the Corvette in Australia, confirmed that the top-spec Z06 will be part of the global program and will be coming to Australia.

What will you get for your money?

The Corvette Z06 will not be for the faint hearted and will utilise a completely different engine to the LT2 6.2-litre V8 engine currently used in the range. 

Codenamed the LT6, this 5.5-litre naturally-aspirated V8 engine will produce 500kW of power and 623Nm of torque and will be mated to an eight-speed dual-clutch gearbox.

Unlike the LT2 V8 in the lower variants of the mid-engined Corvette, the unit in the Z06 has double overhead camshafts, forged pistons and connecting rods, a dry-sump oil system as well as twin 87mm throttle bodies. 

Also unique is the use of a flat-plane crankshaft that allows the V8 engine to rev much higher than before. In fact, the Z06’s V8 can rev to 8600rpm, only 400rpm shy of the Ferrari 458. 

Chevrolet spent a lot of time and money developing the exhaust system of the Z06 that utilises intake trumpets to pipe exhaust noise back into the cabin. 

Chevrolet Corvette 2022: prices in Australia

All prices listed are before on-road costs.

• 2LT coupe: $144,990
• 2LT convertible: $159,990
• 3LT coupe: $160,500
• 3LT convertible: $175,500
• 3LT carbon edition coupe: $189,990