1993 Chevrolet Camaro Z/28 Indy Pace Car

2dr Sport Coupe

8-cyl. 350cid/275hp SFI

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$15,700*

-6%
#4 Fair condition#4 Fair

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Value Graph04/2407/2410/24$5k$10k$15kJan 2025

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1993-2002 Chevrolet Camaro stats
Highest sale
$165,000
Lowest sale
$1,650
Most recent sale
$36,750
Sales
2140
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Model overview

Model description

The redesigned fourth generation 1993 Chevrolet Camaro continued to use the floor pan and live rear axle of the earlier car, but the bodywork was radically different. It appeared lower and longer, with a huge sloping windshield, deeply recessed small headlights, and rounded form. The hood and rear quarters were steel, while doors, front fenders, roof and rear hatch were fiberglass and resin. An available rear spoiler flowed seamlessly from the rear quarters.

The front suspension now had a short upper wishbone and long lower one, while the rear axle was located by trailing arms and a track bar. Dual airbags were available for the first time and R134 air-conditioning refrigerant was fitted. All models had a conventional glovebox and sported analog gauges with a tachometer. Steering was rack-and-pinion and four-wheel disc brakes were fitted.

The new Chevy Camaros were built in Canada at a modernized plant in Quebec. Only two hatchback coupes were offered the first year, and total production was 39,103 units. The Coupe attracted 21,253 buyers, starting at a $13,399 base price, while 17,850 stepped up for the Z28 from $16,799. The base 207 cid V-6 engine developed 160hp and the 350 cid LT1 V-8 borrowed from the Corvette was good for 275hp.

A 5-speed manual gearbox was offered in the base coupe and a 6-speed came in the Z28, but 31,695 buyers opted to spend $595 for the 4-speed overdrive automatic transmission. The new Camaros were delivered with many convenience options like air-conditioning (38,949 buyers), power rear hatch (38,477), fog lamps (38,487), cruise control (38,486), 16-inch alloy wheels (34,792), power locks (32,970), power windows (32,379) and rear defogger (30,658). Only 3,340 buyers opted for glass T-tops. As before, options were also bundled, saving customers money and cutting production costs. In addition to the base package, which satisfied 737 buyers, Group 1 cost $1,240 and 6,148 buyers ordered that, while Group 2 was chosen by 32,218 buyers, for $1,901.

Other special models were available for the 1993 Camaro. Once again, the Camaro paced the 1993 Indy 500 and Chevrolet once again capitalized on the market opportunity by building 633 replicas. All were Z28s finished in Black over Arctic White with graphics, white wheels and custom seats. The package cost an additional $995. As before, the B4C Special Service Package (police) offered Z28 mechanicals in the base Coupe. A manual gearbox was available for the first time this year. The B4C package cost $3,335 with a 6-speed, $3,930 with an automatic, and 135 buyers stepped up.

Special Performance Package RPO 1LE continued as a basic a track package of stiffer springs, Corvette brakes and sway bars. It was not available with air-conditioning, and only 19 customers paid the extra $330.

Only seven colors were available for the 1993 Chevrolet Camaro, and all Z28 tops were black. Bright Red (11,136) was most popular, followed by Black (9,655), Medium Patriot Red Metallic (6,903), Purple Pearl Metallic (4,920), Dark Green-Grey Metallic (4,350), Arctic White (1,506) and the Black/White Pace Car (633).

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Common Questions

The value of a 1993 Chevrolet Camaro Z/28 Indy Pace Car can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $15,700 for a 1993 Chevrolet Camaro Z/28 Indy Pace Car in good condition with average spec.

The highest selling price of a 1993 Chevrolet Camaro Z/28 Indy Pace Car at auction over the last three years was $39,600. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1993 Chevrolet Camaro Z/28 Indy Pace Car at auction over the last three years was $11,000. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 26 1993 Chevrolet Camaro Z/28 Indy Pace Cars sold at public auction.

The most recent auction sale of a 1993 Chevrolet Camaro Z/28 Indy Pace Car was $39,600 on January 16, 2025 by Mecum Auctions.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.