Convertible edition commands $83,995.

General Motors has announced pricing information for the new Chevrolet Corvette Z06 and a slew of upgrade components.

The most powerful 'Vette ever will sell for $78,995 (including freight) in coupe form, while the convertible edition will fetch $83,995.

The prices mark an increase of a few thousand dollars over the previous-generation Z06. With 650 horsepower and 650 lb-ft of torque, however, it is significantly less expensive than most other cars with similar output specs -- including the less-powerful C6 Corvette ZR1.

"The 2015 Corvette Z06's performance and technical capabilities place it in the elite fraternity of supercars," says Corvette product manager Harlan Charles. "Very few cars in the world deliver 650 horsepower, true aerodynamic downforce, carbon fiber and performance technologies such as Magnetic Ride Control, Performance Traction Management and an electronic limited slip differential - and none gives the driver a transmission choice or the choice of a coupe with a removable roof panel or a full-power-top convertible."

Buyers seeking even more downforce and increased high-speed stability can add a carbon-fiber ground effects package for $2,995, including a front splitter, rocker panels and a larger rear spoiler. The company also offers Brembo carbon-ceramic brakes with the $7,995 Z07 performance package, which also brings adjustable aerodynamic components and Michelin Pilot Super Sport Cup tires.

Other available add-ons include a performance data recorder, navigation system, competition sport seats, carbon-fiber interior trim and tintcoat exterior colors, among other options.

The Z06 is not expected to arrive in showrooms until early in 2015.