Owner Wouldn't Sell This 2024 Chevy Camaro ZL1 'Collector Edition' for $125,000, Bad Move?

According to GM, the real value is north of $90,000, which is what this car retailed for. I guess that’s fair, but once people get hit by FOMO, resale value can skyrocket, and flippers will gladly take advantage of this fact.

Just last week, we saw a Collector Edition ZL1 with 403 miles on the clock exchange hands for $126,000, whereas back in March, a nearly identical car (but with fewer miles) sold for $163,000. That’s basically a ZL1 with a limited-edition plaque on it for the price of a Demon 170. Not exactly the easiest thing to justify.

Therein lies the problem. Despite being a ‘1 of 350’ car, the Collector Edition Camaro ZL1 is still pretty much a regular ZL1. No real performance upgrades means that it likely won’t go up in value over time, since there’s not enough of a gap between itself and a more conventional spec. Coupled with the fact that the market has readjusted heavily in these past few weeks, something tells me that $125k for this car might look like a steal in another few weeks’ time.

This too is an ultra-low-mileage example, with just 94 miles on the clock. It’s got everything you’d want in a flagship-spec Camaro, from the Panther Black Matte finish with the black stripe, to the front splitter, carbon fiber rear wing, LED headlights, and 20” split-spoke alloy wheels with Goodyear Eagle F1 supercar 3 rubber at each corner.

You also get a Magnetic Ride Control suspension, plus four-wheel disc brakes with six-piston Brembos at the front and four-piston units at the rear, to go with the red-finished calipers.

Meanwhile, interior highlights include the power-adjustable, heated and ventilated Recaro seats (in Jet Black leather), a similarly upholstered rear bench, carbon fiber trim, suede-wrapped flat-bottom steering wheel, a Bose sound system, a head-up display, keyless entry, ambient lighting, dual-zone automatic climate control, cruise control, a performance data and video recorder, sat-nav, plus wireless Apple CarPlay and Android Auto.

Let’s not forget the steering wheel badge, which identifies this Camaro as car no. 281 of 350 ZL Collector Edition variants.

As for performance, the magic happens courtesy of a supercharged 6.2-liter LT4 V8, factory rated at 650 horsepower and 650 lb-ft of torque, with everything going to the rear wheels via a six-speed manual gearbox.

Ultimately, it’s possible that this Camaro will end up selling for more at another auction, or maybe some private buyer will feel like overspending to get it. That doesn’t change the fact that yesterday, it didn’t sell for a reason, and a very good one. People are sick and tired of inflated prices and they’re making their feelings known.