Chevrolet Corvette Grand Sport X Lease Deal Comes With A Brutal Monthly Payment

The Corvette's Final Stretch

Six years on, the mid-engine Chevy Corvette C8 is clearly in its twilight years. Chevrolet hasn’t given an exact end date, but the 2027 model year brings the biggest shakeup since the C8 first landed in 2020.

The biggest news, of course, is the addition of the all-new Corvette Grand Sport and Grand Sport X. The Grand Sport sits between the Stingray and Z06, while the Grand Sport X brings a hybrid powertrain and steps into the shoes left by the E-Ray.

And then there’s the price. The Grand Sport starts at $88,495, while the electrified Grand Sport X jumps to $112,195, putting it quite near the Z06 and deep into six-figure territory. But if you’re planning to lease, the monthly payments might deter you.

Leasing One Costs Nearly As Much As Another Car

According to CarsDirect, which got its hands on dealer lease bulletins, Chevrolet's first national lease offer for the 2027 Corvette Grand Sport X is $1,799 per month for 39 months, with $3,839 due at signing. The offer is based on a vehicle carrying an MSRP of $112,195 and includes an annual mileage allowance of 10,000 miles. Factor in the upfront costs, and you’re looking at about $1,897 a month before taxes and fees.

According to the report, the main reason for the towering monthly payment is the sky-high lease rate that translates to a 10.44% APR. Chevrolet isn’t offering any lease cash, loyalty bonuses, or discounts to soften the blow either. The only thing in your favor is a solid 63% residual after 39 months.

A shorter lease doesn't improve matters either. CarsDirect notes that a 24-month lease benefits from an impressive 72% residual value, but the lease rate jumps to an equivalent 13.8% APR. The monthly payment remains $1,799, but the amount due at signing balloons to $14,869.

What Buyers Get For The Money

The Grand Sport X carves out a key spot in the Corvette lineup. It bridges the gap between the naturally aspirated Grand Sport and the track-ready Z06 – a more affordable option if you’re not ready for the Corvette ZR1X hybrid hypercar.

The rest of the 2027 Corvette lineup gets some big changes, too. The Stingray now starts at $73,495 and gets a new 6.7-liter LS6 V8, which Chevrolet says delivers more torque than any naturally aspirated Corvette before it.

With the C8 Corvette nearing its final chapter, Chevrolet seems set on refining the formula instead of starting from scratch. The Grand Sport X adds another layer to the lineup, but if you want to experience the hybrid Corvette – even if you’re not purchasing one – be ready for a hefty monthly bill.

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