Chevrolet has announced the 2014 Corvette Stingray will be priced from $51,995 for the coupe and $56,995 for the convertible.

Chevrolet has announced the 2014 Corvette Stingray will be priced from $51,995 for the coupe and $56,995 for the convertible.

Set to go on sale later this year, the Corvette will come nicely equipped with a digital instrument cluster, a MyLink infotainment system and a nine-speaker Bose audio system with Bluetooth/USB/AUX/SD Card connectivity. The car also has a power steering wheel, keyless entry and a five-position Drive Mode Selector that tailors up to 12 different vehicle attributes.

Notable options include competition sports seats, carbon fiber trim, a dual-mode exhaust system and Magnetic Ride Control with Performance Traction Management. The company also offers an $8,005 3LT interior package that adds heated and ventilated Napa leather seats, a leather-wrapped dashboard and a heads up display. There's also GPS navigation, an upgraded Bose audio system and SiriusXM satellite radio.

The $2,800 Z51 Performance Package includes beefier brakes, an electronic limited-slip differential and a transmission cooling system. The package also adds a retuned suspension, optimized gear ratios and 19-inch front / 20-inch rear wheels.

Power will be provided by a 6.2-liter LT1 V8 engine that produces approximately 450 bhp (336 kW) and 450 lb-ft (609 Nm) of torque. This will enable Corvette to accelerate from 0-60 mph in less than four seconds and return 26+ mpg highway (US).