Depreciation can be a real b-word. For owners, it’s no good. For buyers, it’s the best thing ever, especially when it hits sought after cars. Now, the fifth-generation Camaro Z/28 has been struck with a bit of depreciation and it’s made the Zeta-platform track star a real bargain.
Road and Track was alerted to the bargain bin prices, which show some Camaro Z/28s selling for under $40,000 at auction. One Z/28 was put up for sale at $35,000 with only 13,000 miles on the odometer; another features a $36,000 price with just 952 miles. Keep in mind, the Camaro Z/28 cost $75,000 when it was brand new.
Even outside of dealer auctions, the Camaro Z/28 is averaging under $45,000 on dealership lots. Granted, that’s approaching C7 Corvette money, but the fifth-gen Camaro Z/28 is no slouch. It features a fan-favorite engine—the 7.0-liter LS7 V8—with multimatic spool-valve dampers. It’s the same trick suspension setup found on the 2018 Camaro ZL1 1LE.
Naturally, the Z/28 isn’t a very good daily driver, which may lend itself to the low prices. However, if a purpose-built track car is on your radar, this is certainly the time to buy.