2027 Corvette Z06 & ZR1 Prices, Trims & Ownership Costs – The 2027 Chevrolet Corvette Z06 and ZR1 represent the pinnacle of American performance engineering. These mid-engine supercars deliver extraordinary power, handling, and value in the sports car segment. While rumors persist about a future Corvette-branded SUV (potentially arriving as a 2027 model), no official Z06 or ZR1 SUV exists yet. This guide covers official 2027 pricing, trims, specs, and realistic ownership costs for U.S. buyers, plus the latest on any Corvette SUV developments.
2027 Chevrolet Corvette Z06 Price and Available Trims
The 2027 Corvette Z06 continues with its naturally aspirated 5.5L LT6 flat-plane-crank V8 producing 670 horsepower. It remains one of the most track-capable production cars available in the U.S.
Official starting prices (including destination freight charge) are as follows:
- 1LZ Coupe: $121,395
- 1LZ Convertible: $128,395
- 2LZ Coupe: Approximately $130,400 (estimated based on trim progression)
- 2LZ Convertible: Approximately $137,295
- 3LZ Coupe: Approximately $135,050+
- 3LZ Convertible: Approximately $141,945
Trim highlights:
- 1LZ: Premium 10-speaker audio, GT1 seats in Mulan leather, color head-up display, wireless charging, and removable body-color roof panel.
- 2LZ: Adds 14-speaker Performance Series audio, heated/ventilated seats, Performance Data Recorder, heated steering wheel, and memory package.
- 3LZ: Top trim with custom leather-wrapped interior, sueded microfiber trim, GT2 Napa leather seats, and carbon-fiber steering wheel accents.
Optional packages like the Z07 Performance Package (carbon-ceramic brakes, carbon-fiber aero, Cup 2 tires) add significant cost but transform the car for serious track use.
2027 Chevrolet Corvette ZR1 Price and Trims
The 2027 Corvette ZR1 takes performance to another level with its twin-turbocharged 5.5L LT7 V8 delivering 1,064 horsepower. A ZR1X all-wheel-drive hybrid variant reaches 1,250 hp.
Pricing (including destination):
- ZR1 1LZ Coupe: $197,195
- ZR1 1LZ Convertible: $207,195
- ZR1 3LZ Coupe: Approximately $208,195+
- ZR1 3LZ Convertible: Approximately $218,195+
- ZR1X Coupe (AWD): Starting around $227,395
Trim structure is simplified to 1LZ and 3LZ (plus ZR1X). The 1LZ includes carbon-fiber components, premium audio, and advanced aerodynamics. The 3LZ adds heated/ventilated Napa leather seats, sueded microfiber, custom interior trim, and more premium features. Carbon-ceramic brakes and Magnetic Ride Control 4.0 are standard.
Key Performance Specifications
Both models use an 8-speed dual-clutch transmission and rear-wheel drive (ZR1X adds AWD).
- Z06: 670 hp, 460 lb-ft torque, 0-60 mph in ~2.6 seconds, quarter-mile ~10.6 seconds @ 131 mph. Estimated fuel economy: 12 city / 21 highway / 15 combined mpg.
- ZR1: 1,064 hp, massive torque, 0-60 mph in ~2.3 seconds, quarter-mile ~9.6 seconds @ 150 mph. Even stronger aero and braking.
These figures make the Corvette Z06 and ZR1 competitive with far more expensive European exotics while offering better everyday usability for U.S. drivers.
Expected Ownership Costs for USA Buyers
Owning a 2027 Corvette Z06 or ZR1 in the United States involves premium costs typical of high-performance vehicles:
- Gas Guzzler Tax: Approximately $1,000–$3,000+ depending on exact configuration (higher for ZR1).
- Fuel Costs: Premium gasoline required. With 12–15 mpg combined, expect $800–$1,500+ annually for 12,000 miles (varies by fuel prices and driving style).
- Insurance: $2,500–$5,000+ per year for a clean-record driver in most states. Rates are significantly higher for younger drivers, in high-risk areas (e.g., Florida, California), or with track use.
- Maintenance & Tires: Routine service is reasonable (~$600–$1,200/year), but track-focused tires and brakes can cost $3,000–$6,000+ per set. Corvette holds value well compared to many exotics.
- Depreciation & Registration: Expect strong resale in the Corvette community. Registration and luxury taxes vary by state.
Total first-year ownership costs (excluding purchase price) often range from $5,000–$10,000+ depending on usage and location. The Corvette’s strong reliability and parts availability help keep long-term costs manageable versus European rivals.
Rumored 2027 Corvette SUV: Pricing and Trims Speculation
A Corvette SUV has been discussed for years as a way to expand the brand. GM Authority expects a possible launch around the 2026 calendar year as a 2027 model, but it remains unconfirmed by Chevrolet or GM. Recent reports point toward an electric vehicle on GM’s Ultium platform with AWD, targeting performance SUV buyers.
No official Z06 or ZR1 SUV trims have been announced. If a high-performance gas or electric Corvette SUV eventually arrives, base pricing could start in the $60,000–$80,000 range (similar to rivals like the Porsche Macan or BMW X3 M), with top performance variants potentially exceeding $120,000–$150,000+ based on power output and features.
Current rumors and concept videos show exciting possibilities, but buyers should treat any specific 2027 Corvette SUV pricing or Z06/ZR1 badging as speculative until official confirmation.
Final Thoughts
The 2027 Chevrolet Corvette Z06 and ZR1 deliver supercar performance at a fraction of the price of European competitors, making them standout choices for U.S. enthusiasts. With transparent pricing, multiple trims, and strong real-world capability, they continue Corvette’s legacy as the ultimate American sports car.
For the latest official details or to configure your 2027 Corvette, visit Chevrolet.com or contact a local dealer. Ordering for 2027 models began in spring 2026. Stay tuned for any official Corvette SUV announcements in the coming years.