Although there are a number of very good sports cars in the same price range as the Corvette, it doesn't really seem to have any direct competitors.The similarly priced Mercedes-Benz SLK, BMW Z3 2.8, and Porsche Boxster are all delightful and competent players, but they play at a more modest pace. When it comes to real pavement-ripping prowess, none can match the Corvette's sheer power and corner-gobbling grip.
The Dodge Viper does rival the Corvette's dynamic capabilities--indeed, it's even faster--but it requires a single-minded focus on brutish performance to enjoy it. When it comes to civilization and comfort, the Corvette wins hands-down.
To get a similar blend of comfort and true sports car performance, you'll find yourself in a Porsche store looking at 911s, but the 911 can't compete with the Corvette's price.
The Corvette is no longer this country's only sports car, and it's certainly evolved well beyond the realm of what we call affordable. But coupe or convertible, there doesn't seem to be much question that the latest generation of this all-American is also world-class.