I found this today, interesting reading
Source: Chicago Sun Times
Once a bargain, still a bargain
CLASSICS | Chevy's Camaro Z28 flew past competition
January 14, 2008
BY DAN JEDLICKA Sun-Times Auto Editor
The first-generation Chevrolet Camaro debuted in 1967, and the 1967-69 Z28 version of it was a thinly disguised competition car for the Trans Am race series. The fourth-generation Camaro arrived for 1993 as a flashy, fast and loud coupe that easily could outrun the 1960s model.
The Z28 disappeared after 1987. It was replaced by the Camaro IROC-Z, also named for a race series, although it was no race car. But the Z28 was put back in the Camaro lineup for 1991, when its hottest engine was a 350-cubic-inch V-8 with 245 horsepower.
Car buffs welcomed the 1991 Z28 but really flipped out when the 1993 Z28 Camaro arrived with its first redesign in a decade. Its all-new body retained the general look of its predecessor but was much sleeker. It was strongly reminiscent of the "California Camaro" auto show concept car and looked more sculptured and futuristically swoopy. It had the same 101.1-inch wheelbase as its predecessor but was slightly wider and longer.
There also was a reworked chassis, frontal air bags and an optional 350-cubic-inch Z-28 V-8. The engine had 275 horsepower and was derived from the Chevy Corvette's LT1 engine.
The standard 160-horsepower V-6 was OK for cruising but didn't really fit the car's racy image. The V-6 got a standard five-speed manual gearbox, but the V-8 was hooked to a slick six-speed manual. Optional was a four-speed automatic that had been used in the Corvette.
The new Z28 V-8 had better performance, handling, comfort and was the most solid Camaro ever built. It came only as a $16,779 hatchback coupe with optional removable glass roof panels, although a $22,075 convertible version arrived for 1994.
Check the order form's Z28 box and you got the potent V-8, which had special aluminum cylinder heads, the six-speed manual, four-wheel anti-lock disc brakes and aluminum wheels. Higher-performance Z-rated Goodyear GS-C tires cost an extra $144. The Z28 had a governed top speed of 108 mph that you could reach in fourth, fifth or sixth gear with the standard tires. You could top 150 mph with the Z-rated tires.
As with the Corvette, the Camaro retained its V-8 and rear-wheel drive for better balance during the 1980s, when many cars were introduced with fewer cylinders and front-wheel drive, which made them too nose-heavy.
The 1993 Camaro body had a 68-degree raked windshield and dent- and corrosion-resistant fiberglass-like composite body panels attached to a steel structure. Only the hood and rear fenders were steel.
Handing was crisper partly because a new coil front suspension was used and power rack-and-pinion steering replaced an old strut/recirculating ball setup.
The 1993 Z28 was a fireball, loved by car buff magazines. Car and Driver found the car did 0 to 60 mph in 5.3 seconds, which is fast by today's standards, and reached 100 mph at the end of a quarter-mile drag strip.
While testing several performance cars, Motor Trend magazine found the new Z28 to be the fastest, with a top speed of 151 mph. The magazine said it offered "the biggest bang for the buck" of the bunch.
Those who wanted to race the Z28 could order the 1LE option, starting late in the 1993 model run. It featured a stiffer suspension and no power-robbing accessories, but it wasn't suited for comfortable street driving.
The new 1994 Z28 convertible was built "in-house" at a Chevy plant for the first time since the 1969 model. It disappointed some Z28 fans because it initially didn't have some of the coupe's heavier suspension parts and thus had a factory governed top speed of 104 mph.
A new electronically controlled automatic transmission was among 1994 Z28 changes, which included Computer Aided Gear Selection (CAGS) for the manual gearbox. That feature was similar to the one in the Corvette and was used to increase estimated fuel economy in EPA rating tests. It forced a shift from first to fourth gear if the Z28 was driven slowly from a standing start. Car buffs soon found CAGS could be disabled just by pulling a wire.
On the more sensible side, the Z28 V-8 got a better fuel injection system for improved economy and performance.
A hot 1994 Ford Mustang GT with a new body was the Z28's major rival. It was the first redesigned Mustang in 15 years and had a 215-horsepower V-8. But Car and Driver said the Z28 generally "hammered" the Mustang GT. Among other numbers, it found that the Z28 had a 156 mph top speed, while the GT topped out at 137 mph.
The 1995 Z28 got the Corvette's traction control system as an option to help deliver power more effectively to roads, especially wet ones.
In a 1995 Road & Track magazine comparison test of the fastest cars sold in America, a 1995 Z28 hit 155.3 mph. Most Z28 rivals had been hauled by trailers to the track, but the nearly new Z28 was driven there, illustrating its user-friendly nature.
The 1993-95 Z28 was loved by well-known hop-up outfits, including Callaway, Lingenfelter, Hennessey and Vortech Engineering. They offered higher-horsepower Z28s for those who just couldn't get enough power.
For most, though, the 1993-95 Z28 was more than fast enough. By 1995, the coupe's price had increased to $17,915, and the convertible cost $23,095. But they were still superb performance car buys.
After testing a new 1993 Z28 for the Sun-Times, I wrote that the car probably would cost three times as much if it "had a fancy nameplate and came from Germany or Italy -- and everyone would call it a bargain."
The 1993-95 Z28 is still a bargain: A 1993 Z28 coupe in good condition now is valued at $9,450, while a 1994-95 coupe is at $7,350 and a 1994-95 convertible is worth $8,750.
That's chump change in today's collector car market.