Original COPO Camaro disappoints in Florida
The original COPO Camaro disappointed many Florida drivers at the Auctions America event in Fort Lauderdale. The COPO was expected to sell for over $100,000 but it ended up selling for just $75,900. Perhaps it's the fuel economy, or maybe the rather shabby-looking exterior. Scroll down to learn more about why the COPO Camaro at Fort Lauderdale did not impress collectors.
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UPDATED: Jul 19, 2021
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In the mid to late ’60s, Chevy had an internal directive that no vehicle engine larger than 400 cubic inches would be installed in a production vehicle. Drag racing was a big deal in those days, and the Chevy brand was at risk of falling behind in the horsepower wars at the hands of Chrysler’s mighty Hemi. Like Chrysler, Ford also had no self-imposed limit on engine size. So they too were getting in on the big block action.
A few days ago I wrote about a pair of Yenko Camaro’s that were on display at the Toronto Auto Show. What made these cars so special was the big 427 cubic inch V-8 that had been installed at Yenko Chevrolet. The only problem with the Yenko cars was that the cars were not eligible for a driver to race as part of the Chevy team because they were not actually produced by Chevy.
That internal limit still existed. So the Chevrolet boys bent their own rules by working with a little-known model designation in 1969. The Central Office Production Order was released to create a small number of Camaros that had an L-72 V-8 installed on the production line. The order also included disc brakes, a limited-slip 4.10 rear end, a thicker front sway bar, and a 4 core racing radiator. Buyers had a choice between a 4-speed manual or automatic transmission. Records show that 201 COPO Camaros were built in ’69, with only 30 of them being equipped with automatic transmission.
The car in the pictures is one of those 30 cars. It was actually shipped to Sweden in the early Seventies and has only changed hands a few times. The car was even raced by a driver in the Midnight Sun Rally in Sweden.
At first glance, this car is far from being a show car, but looks can be deceiving, as it is one seriously complete and original machine. The black interior is all original, which is apparently somewhat of a rarity given the number of these cars that a driver raced. The entire drivetrain, right down to the COPO wheels are original. The engine has been rebuilt at some point, but the original block has been retained. It even comes with a spare radiator and carb, both of which are correct COPO pieces.
Perhaps it is the economy. Perhaps it is the rather shabby-looking exterior, but this is another car that did poorly at the Auctions America event in Fort Lauderdale. It was expected that this original COPO Camaro would sell to a driver or collector for over $100,000, but it ended up selling for just $75,900.
Many folks in the car collecting hobby actually buy on speculation. Whoever bought this COPO got a great deal for driving and when the market rebounds, they will likely come close to doubling their investment.
Where Can You Get Auto Insurance for Collector Cars?
Most drivers go into the market looking for basic auto insurance providers. They want state minimum coverage with collision and comprehensive coverage. Maybe they get GAP coverage to make up the difference if they’re underwater on their car loan.
When you get into custom or rebuilt cars, coverage can get tricky. The average insurance policy only covers standard parts. So especially with a car this age that doesn’t have replacement parts currently being manufactured, even a small claim could become a significant problem. Luckily, there are insurance companies that specialize in these types of specialty cars. Like other coverage, you can get started by getting quotes on insurance costs online.
For such a pricey type of vehicle, we’re sure their auto insurance rates are through the roof. But yours don’t have to be. You can use our free tool to get started comparing quotes on insurance coverage.
Once you identify a company you like, talk to one of their agents. See what kind of discounts or special insights they can offer you for the best price before you buy.