The Chevy Corvette Convertible Spearheaded Open-Top Sales Boost Last Year: Report

Take rates nearly doubled for the convertible C8 Corvette

The Chevy Corvette Convertible Spearheaded Open-Top Sales Boost Last Year: Report
Some notable changes to the Corvette Convertible made a huge difference to its sales last year. (Photo: Chevrolet)

Even in a down year, cars like the Corvette Convertible came out ahead.

Folks seem to be taking well to the latest Chevy Corvette Stingray. Sales picked up a remarkable 20.2 percent in 2020, to 21,626 examples. Sure, that success came thanks in no small part to the massive hype surrounding the C8’s shift to a mid-engine design. But considering the spate of coronavirus shutdowns curtailing GM’s production window, it’s still a noteworthy feat to improve sales that dramatically.

The Chevy Corvette Convertible Spearheaded Open-Top Sales Boost Last Year: Report

What’s even more impressive, as our friends over at CarBuzz point out, is how well the convertible model fared. Their report notes that the take rate on open-top Corvettes hovered around 20% in a five-year period from 2014 to 2019. Not so in 2020, according to Corvette’s Product Marketing Manager Harlan Charles. In its new generation, the Corvette Convertible comprised between 35 and 40% of the sales total. One of the remarkable sales trends from the past year centered around convertibles, as models like the Mazda MX-5 Miata and Mercedes-Benz SL/SLC also ticked upward.

Perhaps that trend comes down to a greater desire for wind-in-the-hair driving, to distract from all the madness that was 2020. In the Corvette Convertible’s case, the new model uses an hardtop mechanism rather than an old-fashioned soft-top. You don’t lose much on the performance front — the convertible gains about 80 pounds — but you gain all the appeal of top-down driving. And let’s face it, lowering the roof means you can hear the 6.2-liter V8 thunder even more clearly. To a widening range of buyers, that definitely seems to be worth the premium over the coupe.