1998 Chevrolet Camaro Z/28

2dr Convertible

8-cyl. 346cid/305hp SFI

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

$22,700 CAD*

-13.4%
#4 Fair condition#4 Fair
Value Graph07/2410/2401/25$5k$10k$15k$20k$25kApr 2025
Pricing adjustments
-10% for auto.
+10% for t-tops.
+15% for Special Performance Pkg.
Adjustments are in USD
-10% for auto.
+10% for t-tops.
+15% for Special Performance Pkg.
Adjustments are in USD

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Model overview

Model description

The fourth generation Chevrolet Camaro received its first obvious makeover for 1998, when the four recessed “letterbox” headlights were replaced by streamlined composite lights and the hood, front fenders and front fascia were redesigned. The Camaro RS model was discontinued, but the Y3F sport appearance package could be applied other models except the SS. It wasn’t cheap though, costing $1,755 for Base cars and $1,480 to add to the Z28. Even so, 7,411 buyers chose it.

Production slipped 10 percent to 54,026 total, of which 33,973 were Base models and 20,053 were Z28. The P4C police package was now the same cost as the Z28, minus the Z28 badges. It had high performance options, including a power steering cooler and 1LE Special Performance Package rear control arms and body colored roof. Of the 239 sold, just 12 were fitted with 6-speed manual gearboxes. Z28 roofs were still black but other models were body colored. The ILE Special Performance Package was bought by 99 track-oriented drivers for $1,175, and three of the cars were 6-speed SS models.

In all, 31,776 buyers spent $17,150 for a Base Coupe and 2,197 bought the Convertible for $22,650. Z28 buyers totaled 17,573 and spent $20,995 for the Coupe, while 2,480 ponied up $27,975 for the Convertible. The Base Coupe came with the 200hp V-6 engine and either a 5-speed manual or 4-speed automatic. The Z28 was powered by a 350 cid (actually 346cid) V-8 developing 305hp, with automatic or 6-speed manual gearbox.

The SS option now became the WU8 in-house option. The cars were built at the Ste. Therese factory in Quebec and shipped to SLP in nearby LaSalle. There, the 320hp 350 cid LS1 V-8 engine was added with forced induction hood, special spoiler, SS trim, 17-inch wheels and tires, and special suspension. The SS package cost $3,500 and 3,025 buyers ordered it.

Air conditioning was standard on all Camaros for 1998 and a new four-wheel disc brake system was fitted. Traction control was bought by 9,455 customers for $450. Surprisingly, 40,251 base coupe buyers shelled out $815 for an automatic transmission. It was a no-cost option on the Z28.

Options remained comfort and convenience items, but these were increasingly standardized or fitted to packages. A new RPO AU3 package combined power door locks, power windows, power hatch release, power mirrors and cruise control and was chosen by almost 50,000 customers.

A total of 11 colors were offered on the 1998 Chevrolet Camaro, without any solid favorites. Top choice was Bright Red (11,734), followed by Black (11,654), Arctic White (8,486), Sebring Silver Metallic (7,819), Navy Blue (5,779), Mystic Teal Metallic (2,475), Bright Green Metallic (2,064), Cayenne red Metallic (1,914), Sport Gold Metallic (1,542), Bright Purple Metallic (481) and Light Pewter Metallic (63).

Vehicle specifications

  • Wheel Base Shortest - Inches101.1
  • Wheel Base Longest - Inches101.1
  • Shipping Weight3574
  • Drive TypeRWD
  • Manufacturer NameGeneral Motors
  • Front Tire Size16R235
  • Manufacturer MSRP27450
  • Market SegmentationMid Size Sport
  • Manufacturer CodeC137
  • Front Tire Size Code40

Equipment

  • StandardOptional
  • Transmission4 Speed Automatic6 Speed Manual
  • Power BrakesYes
  • Power SteeringYes
  • EntertainmentAM/FM CASSAM/FM CD
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Roof DescriptionRemovable Panels
  • Anti-Lock BrakingAll Wheel
  • Restraint typeDual Front Air Bag/Active Belts
  • Security EquipmentPass Key

Equipment

Standard

  • Transmission4 Speed Automatic
  • Power BrakesYes
  • Power SteeringYes
  • EntertainmentAM/FM CASS
  • Air ConditioningYes
  • Tilt Steering WheelYes
  • Anti-Lock BrakingAll Wheel
  • Restraint typeDual Front Air Bag/Active Belts
  • Security EquipmentPass Key

Optional

  • Transmission6 Speed Manual
  • EntertainmentAM/FM CD
  • Power WindowsYes
  • Roof DescriptionRemovable Panels
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Common Questions

The value of a 1998 Chevrolet Camaro Z/28 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $13,350 USD for a 1998 Chevrolet Camaro Z/28 in good condition with average spec.

The highest selling price of a 1998 Chevrolet Camaro Z/28 at auction over the last three years was $36,715 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 1998 Chevrolet Camaro Z/28 at auction over the last three years was $10,621 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 8 1998 Chevrolet Camaro Z/28s sold at public auction.

The most recent auction sale of a 1998 Chevrolet Camaro Z/28 was $23,762 CAD on February 20, 2025 by GAA Classic Cars.

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.

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