Last and Best of the 3rd Gen Camaros: 18k-Mile 1992 Camaro RS Convertible 25th Anniversary Heritage Edition

  • February 20, 2021
The Rundown
  • 1 of 272 RS Heritage Convertibles
  • 1 of 40 Polo Green Heritage Editions
  • 5.0L V8 w/ Automatic Transmission
  • 17,900 Owner Stated Miles
  • Last Year of the 3rd Generation Camaros
Why We Like It

1992 was the 25th anniversary for the Camaro and it marked an end for not only the 3rd generation body style, but also for production at the Van Nuys, California plant. To celebrate the quarter century birthdate of the coveted Camaro, Chevrolet produced an appearance package designated the "Heritage Edition Package" RPO code Z03. A grand total of 8,197 Camaros would be produced with the 25th Anniversary Heritage Edition Package, however, only 272 would be RS convertibles such as this car. The Z03 Heritage Edition Package included 1st generation Camaro style hood and rear deck lid stripes, a body-colored grille (except on Polo Green and Purple Haze cars), black headlamp pockets, and a red 25th anniversary cloisonné badge on the back. The Polo Green color on this one was made available later in the model year, resulting in only 40 Heritage RS convertibles being built in that color, adding to the uniqueness of this Camaro. All 1992 Camaros had 25th Anniversary badging on the dash panel in front of the passenger seat.


last-and-best-of-the-3rd-gen-camaros-18k-mile-1992-camaro-rs-convertible77516966-770-0@2XThis 1992 Chevrolet Camaro RS Convertible Heritage Edition has only 17,800 original miles, is fully serviced, and has never seen rain or winter weather. Power comes from a 5.0L V8 engine mated to a 4-speed automatic transmission and a limited-slip differential. This car has a set of chrome-plated factory IROC style wheels that were most likely added by the dealer when new, and they look great. One of the best looking and fun driving cars of the era, the 1992 model is the last and most refined of the 3rd Gen Camaros. Convertibles were produced in limited numbers, and this Heritage Edition is super rare and desirable, as well as a comfortable and easy to maintain collectable.


Valuation Verdict

Very few 1992 Heritage Edition Convertible Camaros exist, especially in this condition and with such low mileage. They have not really appreciated in value much in the last few years, however, they’re starting to cross that bridge from used car land to collector’s garages. Quality, rare, low-mileage collectable cars command a premium, and this one seems worth it. Hagerty assesses a value of $16,800 for a concours quality car and $10,200 for an excellent condition car (plus another 25% for the Heritage package), although this 12k mile example sold on Bring a Trailer in October of last year for $19,250. Asking prices seem to be all over the map for one of these, but we don’t see ones quite in this condition very often. Restoring one doesn’t make sense economically, so it you want a good one – here it is.

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