Cheapest New Sports Car Is an Iconic American Model That Will Be Killed

Sports cars capture the spirit of driving — with their powerful engines, quick acceleration, good driving dynamics, and stylish designs. They tend to be expensive, though — and are not an affordable option for many automotive shoppers. But that’s not always the case, as exemplified by the 2023 Chevy Camaro, which is the cheapest new sports car. However, GM and Chevrolet plan to kill the iconic American model in 2024.

2023 Chevy Camaro is the cheapest new sports car

Front angle view of red 2023 Chevy Camaro, cheapest new sports car, but iconic American model will be killed
2023 Chevy Camaro | Chevrolet

With a starting price of $26,400 MSRP, the 2023 Chevrolet Camaro is the cheapest new sports car. The next most affordable ones are the 2023 Ford Mustang ($27,770 MSRP) and the 2023 Mazda MX-5 Miata ($28,050 MSRP). 

Here are the 10 cheapest new sports cars: 

  1. 2023 Chevy Camaro: $26,400 MSRP
  2. 2023 Ford Mustang: $27,770 MSRP
  3. 2023 Mazda MX-5 Miata: $28,050 MSRP
  4. 2023 Toyota GR86: $28,400 MSRP
  5. 2023 Honda Civic Si: $28,500 MSRP
  6. 2023 Subaru BRZ: $28,595 MSRP
  7. 2023 Volkswagen Golf GTI: $30,530 MSRP
  8. 2023 Dodge Challenger: $30,545 MSRP
  9. 2023 Subaru WRX: $30,605 MSRP
  10. 2023 Acura Integra: $31,300 MSRP

As you can see by this list, you don’t necessarily have to pay a sky-high price to get a sports car. There are some affordable options, including the Chevy Camaro, the cheapest one of all.

GM and Chevrolet will discontinue the Camaro in 2024

Front seats in 2023 Chevy Camaro, most affordable new sports car, but iconic American model will be discontinued
2023 Chevy Camaro | Chevrolet

The Chevy Camaro helped usher in the muscle car era. Debuting in 1966, it was built to compete with the Ford Mustang. While other muscle cars have come and gone, the Camaro has continued to power on for decades. However, now, it’s a casualty of changing times, for GM and Chevrolet will discontinue it in 2024.

The changing times that we speak of is the shift toward EVs. GM is undergoing a major transition toward EVs — with plans to go all-electric by 2035. However, gas-guzzling cars with beefy internal combustion engines don’t fit into these plans. 

Some automotive enthusiasts had hoped that the Camaro would either live on in its current form — or get a redesign for a seventh-generation model. However, as detailed by MotorTrend, GM will no longer build the platform for which the sports car rides. The Camaro doesn’t have a confirmed replacement either. As a result, it will die in 2024.

There’s a chance that Chevrolet could someday revive the Camaro as an all-electric model. Apparently, there is an electric performance sedan in the works. However, the details of the EV performance sedan are unknown, including what it will be called. 

2023 Chevy Camaro: Engine options and 0-60 mph acceleration time


Most Reliable New Sports Car Is 1 of the Cheapest, Says Consumer Reports

The 2023 Chevy Camaro delivers excellent performance with its powerful engine options. This includes a turbocharged 2.0-liter four-cylinder (275 horsepower), 3.6-liter V-6 (335 horsepower), 6.2-liter V-8 (455 horsepower), and supercharged 6.2-liter V-8 (650 horsepower).

The sports car is fast regardless of which engine you get. Even with the base-level turbo 2.0-liter engine, it has a 0-60 mph acceleration time of 5.4 seconds. However, the fastest Camaro model is the one equipped with the supercharged V-8. It completes the 0-60 mph sprint in only 3.7 seconds. 

If you’re looking for an affordable sports car, then check out the 2023 Chevy Camaro. It’s the cheapest new sports car available. However, with plans to kill the iconic American model in 2024, it won’t be around for much longer.