Is the $113,480 price on this 2027 Chevrolet Corvette a good deal?

OAV rates this as Overpriced because the asking price of $113,480 is above the typical market range for this vehicle.

What is the average price for a 2027 Chevrolet Corvette in IL?

Based on 388 comparable listings in IL, the average asking price for a 2025-2029 Chevrolet Corvette is $112,274, with prices ranging from $59,962 to $399,995.

How long does a 2027 Chevrolet Corvette typically stay on dealer lots?

Comparable Chevrolet Corvette listings in IL spend an average of 77 days on dealer lots.

Where is this 2027 Chevrolet Corvette located?

This vehicle is listed in Hodgkins, IL 60525. VIN: 1G1YT3D54V5300225. Mileage: 5 miles.

What is the fair market price range for this 2027 Chevrolet Corvette?

OAV's Price-to-Market analysis estimates the fair market range is $86,278 to $113,322, based on 15 comparable vehicles.

No Photo Available

Vehicle Details

VIN1G1YT3D54V5300225

Trim2LT

Exterior ColorRed

DrivetrainRWD

Engine6.7L V8

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typenew

MSRP$113,480

Days on Lot2

2027 Chevrolet Corvette

2LT

Overpriced

$113,480Mileage not verified

Hodgkins, IL 60525

Is this 2027 Chevrolet Corvette 2LT a good deal?

OAV verdict: Overpriced

Why: Listed at $113,480, comparable market range $86,278–$113,322, based on 15 comparable listings. Days on lot: 2 days (market average 77 days).

Market price position

$113,480 · $158 above market high

$86,278comparable$113,322

Regional range: $86,278 – $113,322
vs. market high: + $158 (0% above)
Comparable vehicles: 15

Market Retail Price (MRP™)

$99,800

This vehicle $113,480 · $13,680 (14%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$140,014

This vehicle $113,480 · $26,534 (19%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-20) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 11–56 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$86,278 – $113,322

Advantage Chevrolet Of Hodgkins

Hodgkins, IL

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from advantage chevrolet of hodgkins →

Request availability and out-the-door price

OAV will route your inquiry to Advantage Chevrolet Of Hodgkins for current availability of this 2027 Chevrolet Corvette 2LT and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2027 Chevrolet Corvette

Listing updated: Jul 20, 2026

Listed by a franchise dealer in Hodgkins, IL · On lot for 2 days · VIN verifiable at NHTSA

This new 2027 Chevrolet Corvette 2LT is listed at $113,480 by advantage chevrolet of hodgkins in Hodgkins, IL 60525. It has 5 miles on the odometer. The exterior color is Red. It features a RWD drivetrain with a 6.7L V8 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 15 similar vehicles in the Hodgkins market, the estimated market range is $86,278 to $113,322.

This vehicle has been on the lot for 2 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Hodgkins, IL convertibles market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2027 Chevrolet Corvette against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Hodgkins, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1YT3D54V5300225 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is updated daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2027 Chevrolet Corvette Market in IL

Comparable Vehicles

388

Average Price

$112,274

Price Range

$59,962–$399,995

Avg Days on Lot

Based on 388 comparable 2025-2029 Chevrolet Corvette listings in IL, the average asking price is $112,274. This listing at $113,480 is $1,206 above average (1% above market). Comparable prices in IL range from $59,962 to $399,995. Similar vehicles spend an average of 77 days on dealer lots in this market.