Chevrolet Camaro 3rd Gen
The third-generation Camaro captured '80s style with its sharp lines and V8 performance, epitomized by the iconic IROC-Z. Today, top examples are highly collectible while base models remain an accessible entry into the pony car market.
Find one with Spotter →Chevrolet Camaro 3rd Gen sold for a median of $13,750 over the last 12 months, based on 47 auction sales; the middle 50% sold between $8,250 and $19,900. 1,885 currently for sale.
The third-generation Camaro debuted for 1982 with a sharp, angular design and a modern chassis featuring a hatchback body for the first time. Early cars offered engines from the anemic 4-cylinder "Iron Duke" to a carbureted 5.0L V8, but the introduction of Tuned Port Injection (TPI) in 1985 marked a significant performance improvement. Models like the Z28 and the iconic IROC-Z, named after the International Race of Champions, defined '80s performance and style.
Collectors are drawn to the third-gen's distinct '80s and early '90s aesthetic, V8 power, and analog driving experience. The IROC-Z is the most sought-after model, especially with the 5.7L TPI V8, while the rare, track-focused 1LE package is the holy grail for performance enthusiasts. T-tops are a desirable option that adds to the car's period-correct appeal, though they often come with compromises.
The market for these Camaros is broad, with an average sale price just under $20,000. While tired examples can still be found for a few thousand dollars, demand for pristine, low-mileage IROC-Z and 1LE models has pushed values over $50,000, with exceptional examples nearing six figures. This strong top-end market reflects growing nostalgia for cars from this era.
Buying Tips
- Check for cracks in the dashboard top and other interior plastics, as they are notoriously brittle and expensive to replace.
- T-tops were a popular option but are prone to leaking. Inspect the seals for wear and check for water stains on the headliner and carpets.
- Examine the floors, rear frame rails, and front strut towers for rust. Also look for rust bubbling under the paint, especially around the aggressive ground effects on later models.
- The 5.0L and 5.7L Tuned Port Injection V8s are the most desirable engines. Verify the RPO codes to confirm an authentic Z28, IROC-Z, or 1LE model.
Prices range from $500 for project cars to $88,000 for pristine, low-mileage performance variants.
4,287 Chevrolet Camaro 3rd Gen vehicles have been tracked across auctions and listings on Hypercars, with 1885 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Frequently Asked Questions
How much does a Chevrolet Camaro 3rd Gen cost?
Over the last 12 months, Chevrolet Camaro 3rd Gen sold for a median of $13,750 across 47 auction sales tracked on Hypercars; the middle 50% sold between $8,250 and $19,900. There are 1,885 currently for sale.
How many Chevrolet Camaro 3rd Gen listings are for sale right now?
There are 1,885 Chevrolet Camaro 3rd Gen listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.