Camaros have always been the gold standard for muscle car enthusiasts. Even the six-cylinder versions are still a collectible Camaro—sporty, the right size, and there are a ton of reproduction parts. There is so much support in the aftermarket to fix any mechanical or cosmetic issues that you can literally put together a brand new 1969 Camaro.
But what about later Camaros? Will they someday be collectible or are they already? Let’s take a look:
1982-1992 Camaro Z/28
These third-gen Camaros sold in crazy numbers for years they were so popular. The top of the heap was the Z/28 which by 1984 Chevy was building over 100,000. We’re not talking total Camaro production, just Z/28s. Popularity breeds desire, and these third-gen Camaros are starting to see their numbers rise in collectibility with enthusiasts.
First, you don’t see them very often, so the sight of a well-maintained example gets noticed. It has weathered the years well from a design and size perspective. It also is from an era where cars were actually able to be worked on by owners. No on-board diagnostics or ECUs monitoring everything from door handles to cylinder temperatures.
In the case of Z/28 versions, they were optioned better, had higher-powered V8s, and could always be counted on for some extra spoilers and graphics to stand out from the pedestrian standard Camaro. According to Hagerty Insurance values have been on the rise, and not just with baby boomers. There has been equal interest from Gen-X and Millennials which means a larger pool of potential buyers, which means collectible Camaros like these will continue to rise in price.
From our random perusal of Craigslist and eBay more 1982-84 Z/28s are hovering between $5,000 on up, with really nice ones under $10,000. Z/28 production lasted through 1987 so the newer it is the cheaper it is. They won’t stay there for long.
2010-2015 Chevy Camaro
Yes, believe it or not, the prices for these fifth-gen Camaros tanked a while ago and are on the rise. The especially hot ZL1 version starts thinning out under $40,000. That may seem like a lot but the ZL1 Camaro was an extremely limited, technologically advanced version of a standard Camaro, and collectors know it. In 2012 only 1,971 ZL1s were built.
This shows the exclusivity of these special Camaros and why they’ll always be collectible, even though they’re barely eight years old. Even a year later only 7,956 ZL1s were built, with 1,917 of those being convertibles. So any way you slice it they’re rare.
PThe more common 2010 Camaro SS versions in good condition can be bought for under $20,000 if the prices of ZL1s scare you.
For these collectible Camaros, prices will only fall for beat examples, which will probably take more to get into good shape than they are worth. Why not seek out the best example you can that doesn’t require engine or bodywork?
Hagerty says it’s getting strong insurance quote activity which means there are a lot of these Camaros being added to collectors’ policies. That’s a strong indication they will only increase in value in the coming years.