1989 Chevrolet Camaro RS

2dr Convertible

8-cyl. 5.0L 305cid/170hp TBI

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

$12,800 CAD*

+2.4%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$5k$10kJan 2025
Pricing adjustments
-30% for 6-cyl.
+10% for t-tops.
Adjustments are in USD
-30% for 6-cyl.
+10% for t-tops.
Adjustments are in USD
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1982-1992 Chevrolet Camaro stats
Highest sale
$150,846 CAD
Lowest sale
$661 CAD
Most recent sale
$19,529 CAD
Sales
1286
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Model overview

Model description

The success of the limited production RS model in 1988 led to it replacing the Sport Coupe for the 1989 Camaro lineup. In all 110,739 Camaros were built, with 42,729 V-6-powered and 68,010 with V-8s. Of the total, 83,487 were six-cylinder RS models starting at $11,495 and 3,245 were RS V-8 convertibles from $16,995, while 20,067 buyers spent from $14,145 for IROC-Z V-8 coupes and 3,940 buyers expended $18,945 for IROC-Z V-8 convertibles.

RS buyers started with the 135hp V-6 engine, but could upgrade to a 170hp 305 cid V-8 and 46,715 buyers spent $400 to do so. IROC-Z buyers received the 170hp engine as a base, but could also get engines with either 220hp or 230hp.

Buyers could still choose individual options, including air conditioning (104,642), tilt steering column (99,531), tinted glass (110,502), power door locks (99,385), cruise control (98,741), power windows (61,704), power rear hatch (60,744), intermittent wipers (99,531), Glass T-top (44,595), side moldings (110,500), carpeted floor mats (99,638) and even a stripe delete (88,144 for a $60 credit).

The package system, which bundled options, was becoming more popular. Base groups for each of four models were available at no charge, but a further three levels of trim cost progressively more.

Only seven colors were available for the 1989 Chevrolet Camaro, led by Bright Red (26,509), White (18,440), Black (17,600), Dark Red (16,697), Bright Blue (16,316), Medium Gray (7,906) and Light Blue (7,269). All convertible tops were black and leather interiors could be specified in every color except black.

An electronic pass key with a chip was introduced this year. It had been fitted to Corvettes since 1986 and had reduced theft rates significantly. If the car did not “recognize” the chip, it would not start.

Chevrolet also built 111 1LE showroom stock racers this year. If the RPO G92 performance axle was optioned, it forced other changes, including an oil cooler, 4-wheel disc brakes, dual exhaust and bigger tires that rendered the Camaro more competitive in SCCA competition. Engines included either the 350 cid V-8 with automatic transmission or 305 cid LB9 with 5-speed manual.

Vehicle specifications

  • Wheel Base Shortest - Inches101.0
  • Wheel Base Longest - Inches101.0
  • Shipping Weight3251
  • Drive TypeRWD
  • Manufacturer NameGeneral Motors
  • Front Tire Size15R215
  • Manufacturer MSRP16995
  • Market SegmentationMid Size Sport
  • Manufacturer CodeC137
  • Front Tire Size Code31

Equipment

  • StandardOptional
  • Transmission5 Speed Manual4 Speed Automatic
  • Power BrakesYes
  • Power SteeringYes
  • EntertainmentAM/FM
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Roof DescriptionRemovable Panels
  • Restraint typeActive (Manual) Belts
  • Security EquipmentPass Key

Equipment

Standard

  • Transmission5 Speed Manual
  • Power BrakesYes
  • Power SteeringYes
  • EntertainmentAM/FM
  • Restraint typeActive (Manual) Belts
  • Security EquipmentPass Key

Optional

  • Transmission4 Speed Automatic
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Roof DescriptionRemovable Panels
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Common Questions

The value of a 1989 Chevrolet Camaro RS can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $7,800 USD for a 1989 Chevrolet Camaro RS in good condition with average spec.

The highest selling price of a 1989 Chevrolet Camaro RS at auction over the last three years was $58,490 CAD. 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 1989 Chevrolet Camaro RS at auction over the last three years was $8,773 CAD. 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 15 1989 Chevrolet Camaro RSs sold at public auction.

The most recent auction sale of a 1989 Chevrolet Camaro RS was $58,490 CAD on January 14, 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 representative of stock condition vehicles only and based on various data sources, as detailed in About Our Prices. Value adjustments for optional equipment are in U.S. dollars. 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.CA/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.