Why Did Someone Just Spend $300,000 On A Camaro?

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Because high demand, low volume and a supercharged LSX.

Chevrolet has auctioned off the first edition of the sixth-generation COPO Camaro. The car was unveiled at the 2016 SEMA show in November and #001 sold for $300,000 on January 29 at the Barrett-Jackson auction in Scottsdale, Arizona. The winning bid was also a repeat of last year's as the 2015 edition was auctioned for the same price. Proceeds from the winning bid all go to United Way. A trio of engines is available including a supercharged 5.7-liter V8 featuring a 2.9-liter whipple supercharger, a 7.0-liter unit and LT-based 6.2-liter.

Over 5,500 people have expressed interest but like previous years GM is only producing 69 units of the COPO Camaro. Of course prospective buyers can get a rolling chassis and provide their own drivetrain, but that does not provide the same collectibility as a GM original.

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