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.
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Comments
If you own a Gen6 Camaro (V8 equipped), hold on to it -especially if it’s a 2024.
You are correct, he is a blundering idiot. Not a Trump fan , but will take him over mush mouth.
You are correct, he is a blundering idiot. All he and his cronies want to do is shove EV’s down our throats. How’s that working out for them? Ford lightning has reduced production significantly, and others to follow.
In 2020, significant other needed a new car, we got a used 2018 2SS WITH LT1/6 speed. She loves it. We’ll hold on to it.
I’m old school, I liked her 6 speed so much I converted my car, 95 Caprice with the old LT1 V8 to a 6 speed. Love that too.
GM was already discontinuing the camaro.
7% increase, that’s easy to quantify.
My 2022 SS Convertible was delivered in September of 2022. Less than one year later, when the 2024 configurator came online, the same car was $5000 more, roughly a 9.25% increase, for the same exact car, nothing new; the Collector’s Edition added another $4995 to the sticker. They sold more V8’s than they had in the previous few years, again, raises the average sale price.
If Chevrolet would have focused on the car, made minor improvements as they went along, advertised the car, produced more V8 models over its’ lifetime, they could have had a great seller on their hands. Not to mention if they would have made a worthy sendoff model instead of slapping some badging on it.
Go away.
Just sad
Sayonara Camaro
Just another brilliant decision by Mary Buick Envision Made in China-Barra to discontinue the Chevy Camaro, its EV replacement will be much more expensive than the 2024 Chevy Camaro base model.