Following its debut for the 2016 model year, the sixth-generation Chevy Camaro finally concluded production in mid-December 2023, thus ending the ICE-powered Camaro as we currently know it. That being said, the average transaction price of the Bow Tie brand’s iconic muscle car rose just over seven percent over the course of Q4 2023.
According to a report from Cox Automotive, the Chevy Camaro saw a 7.3-percent average transaction price increase to $53,030. In the same vein, sales of the muscle car jumped nearly 16 percent to 6,340 units in Q4 2023.
It’s worth noting that sales of the Bow Tie brand fell 0.5 percent to 406,848 units in Q4 2023, while overall General Motors sales increased by a scant 0.2 percent to 619,684 units.
There are a few potential reasons as to why the Camaro’s ATP went up during its final fiscal quarter. For starters, the entry-level 1LS trim level and base turbocharged 2.0L I4 LTG gasoline engine were dropped for the 2024 model year. In addition, the Collector Edition and Garage 56 Edition packages were added to the options list. As such, the affordable Camaro variants were dropped and indirectly replaced by higher-priced packages.
It’s worth noting that the Collector Edition and Garage 56 Edition packages only accounted for 1,335 and 56 units apiece, respectively.
As a reminder, the sixth-generation Chevy Camaro was available with a few powertrain options at the time of its demise, including naturally aspirated 3.6L V6 LGX gasoline engine, rated at 335 horsepower and 284 pound-feet of torque, naturally aspirated 6.2L V8 LT1 gasoline engine, rated at 455 horsepower and 455 pound-feet of torque, and supercharged 6.2L V8 LT4 gasoline engine, rated at 650 horsepower and 650 pound-feet of torque.
Under the skin, the Camaro rode on the GM Alpha platform and was produced at the Lansing Grand River plant in Michigan. Looking ahead, General Motors has not released much detail regarding a potential seventh generation, but has alluded to the eventual return of the Camaro nameplate in some form.