Camaros get a lot of disrespect. Chevy's muscle car has always struggled to emerge from the shadow of competitors like the Charger and Mustang. Prices for classic cars and limited editions tend to reflect this unfair reality, as some aspiring sellers of one of the last special edition Camaros have unfortunately discovered.
Although it's not the most inspiring special edition, with the Camaro now out of production, it wouldn't have been surprising in today's market to see one sell for $260,000 at auction on Bring a Trailer in January. Since then, people no longer buy it, Including an offer that was listed at $162,000 But he failed to meet the reserve on the podium this week.
A quick look at some of the comments left on those auctions suggests why. At Bring a Trailer, commentators questioned the value of the enhanced Limited Edition compared to a stock Camaro ZL1; One commentator described the Garage 56 edition as “just stickers and wheels”. “These are some expensive stickers,” another noted.
However, the issue appears to be deeper than that. With the cancellation of the Camaro this year, sellers appear to be relying on nostalgia to drive demand. And since one seller declined an offer of $162,000, its price may simply have played off that nostalgia and overstated the Camaro's place in buyers' hearts. For many buyers, the Garage 56 was just another Camaro, a car that never interested them in the first place. One commentator wrote the final word: “The end of an era? What era?”
Even on its deathbed on the market, the noble Camaro gets no respect.
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