There were some here who vehemently disagreed when I insisted that the C8 would sell within a few thousand of the C7 price. They simply could not believe that a midengined car could be built and sold for this price.
The rest of this post might bore the hell out of you, so you can just accept that I knew what I was talking about when it came to the pricing or get through the following.
I have worked in Financial Accounting in various Manufacturing industries for my entire career. The cost to manufacture depends on the Capital investment (and over how many years and units it can be depreciated), the cost and amount of human labor required, and perhaps THE most important factor the Economic Order Quantities (EOQ) for the materials required to produce the product.
GM has steadily improved the Bowling Green Plant over the years but I'm not sure we have see the real reason they almost doubled the size of BG the last few years. Regardless, it was a long term commitment NOT indicating any reduction in volumes - intuitively just the opposite. Corvette's average production per generation for the C5, C6 and C7 have been a fairly steady 30-35k average yearly production. The C6 was hurt a couple of years by the 2009 recession and GM reorganization but finished up reasonably well for an ending generation.
The point is that Corvette is a pretty high volume Sports car compared to their direct competitors and even most lesser sports cars. Yes, the MX-5 outsells it, but get serious. Corvette volumes enable the EOQ for components to be provided at MUCH lower cost per part than the same part if it was for a 5000 units per year car.
Remember the Viper? Sure, it had a V-10, but the cost of the engine along with the transmission, might have been the least impacted components affected by the low number of vipers sold because the tranny was off the shelf and most of the engine was also sold in Ram trucks at the time. EVERY THING else in that car had VERY low EOQ levels and resulted in a vehicle VERY similar to Corvettes at the time, being priced 25-30+% higher than vettes.
The only component of the C8 that HAD to be pretty unique is the Trans axle. By making the DCT the only transmission, it increased the EOQ by about 15% (the # of C7 manual transmission units). The transaxle became just like the windshield; the same on every unit to be produced; THE highest Economic Order Quantity. So the DCT definitely entered into the ability to price the C8 at $59,995.
Hyundai does not believe they will sell anywhere near 30,000 "RM19"s so their EOQ is model is probably closer to that of the Viper and we know what happened to the Viper.
To a certain extent, Pricing can become a self-fulfilling prophecy. Price it where profits is good, but not greedy in order to sell more units in order to drive down the material costs per unit. Obviously, there is risk in this. But 67 years of customer winning, powerful reputation helps reduce that risk and seems to be paying off for the C8 and GM.