
Chevrolet Camaro Convertible
1987 to 1992 · Convertible
A 1987 Chevrolet Camaro Convertible cost $15,995 new. Over the past 12 months, 16 have sold publicly at a median of $18,000. The Shifty Estimate for a well-kept example is $17,100. Across the sales we have on file, prices ran from $5,500 to $30,750, depending on mileage, color, and history.
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- Median · 12 mo
- $18,000
- Sales · 12 mo
- 16
- Original MSRP
- $15,995Up 7% since new
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Sold $15,000

Sold $13,500

Sold $10,750

Sold $30,750

Sold $16,500
Specifications
- Engine
- V8, 5.0L
- Power
- 170 hp
- Torque
- 255 lb-ft
- 0 to 60
- 8.1 s
- Top speed
- 118 mph
- Transmission
- Automatic
- Drivetrain
- RWD
- Original MSRP
- $15,995
Common questions
How much does a Chevrolet Camaro Convertible cost?
A 1987 Chevrolet Camaro Convertible cost $15,995 new. Over the past 12 months, 16 have sold publicly at a median of $18,000. The Shifty Estimate for a well-kept example is $17,100. Across the sales we have on file, prices ran from $5,500 to $30,750, depending on mileage, color, and history.
What is a 1987 Chevrolet Camaro Convertible worth today?
The Shifty Estimate is $17,100, up 5.4% over the past 12 months. Confidence is high: 16 public sales in a year gives a firm read.
Is a Chevrolet Camaro Convertible a good investment?
It has appreciated 7% against its $15,995 list price. Values are up 5.4% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $5,500 to $30,750, and mileage explains most of that.
How many Chevrolet Camaro Convertible have sold?
Shifty has 25 public sales of the Chevrolet Camaro Convertible on file. The earliest was on Sep 10, 2023.
What is the most expensive Chevrolet Camaro Convertible sold?
The highest public sale on file is $30,750, on Jun 25, 2026, with 7,000 mi.
What has a Chevrolet Camaro Convertible sold for at auction?
The 3 most recent public sales we have on file:
- $23,250Oct 8, 2026Flame Red Metallic · 26,000 mi
- $19,500Sep 1, 2026Purple Haze · 10,000 mi
- $6,250Sep 1, 2026Black · 151,700 mi
About the 1987 Chevrolet Camaro Convertible
The third-generation Camaro convertible marked Chevrolet's triumphant return to open-air motoring after a 17-year hiatus. Introduced for 1987, these F-body drop-tops were built by ASC (American Sunroof Corporation) with reinforced frames to maintain structural integrity. The IROC-Z convertible became the performance flagship, packing Tuned Port Injection 350 V8s producing up to 245 horsepower. Production remained relatively low throughout the run, just 8,000-15,000 annually depending on the year, making clean examples increasingly sought after. The 1992 model year marked the end of an era before the fourth-generation's debut. Today, collectors particularly prize IROC-Z convertibles and RS models with the optional 305 TPI V8. These represent the last of the classic F-body design language and offer genuine muscle car performance with wind-in-your-hair appeal. Values have been climbing steadily as '80s performance cars gain collector recognition.
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