1991 Chevrolet Camaro

Z28 1LE Coupe
A million-dollar GTO (no, not a Ferrari) in Kissimmee
Wednesday, 4 January - Sunday, 15 January
Sale Price
12 January 2023
Sold Date
Lot Number
Mecum Auctions
Auction House
Chassis no. 1G1FP23F1ML130724. Dark Red Metallic over gray cloth. 5.0/230hp, 5-speed, alloy wheels, Goodyear Eagle tires, rear spoiler, fog lights, engine oil cooler, limited-slip, factory cassette, window sticker.

Evaluation: From the Dewayne Stephens collection. Represented as one of 479 1LEs built for 1991 and just 289 with a manual. Showing 2280 miles. It has been treated as collectible since new and looks just about showroom fresh, as you might expect, although there is undercoating underneath. There’s another 1LE out of this collection with even lower mileage at just 6 as well as the 5.7 liter engine, but that means it also has an automatic.

Bottom Line: It also went across right before this car, and that single-digit on the odometer (along with the bigger engine) proved more important than a third pedal in bidders’ eyes since it sold for $64,900. Odd, since the whole purpose of the 1LE was showroom stock racing. Building on the IROC-Z platform, Chevrolet whipped up a package that added bigger brakes, close-ratio transmission, upgraded suspension, and the Corvette’s aluminum driveshaft. It also tossed out the power windows, A/C, and fog lights. GM also never promoted the package, and for the most part you had to be a racer to know which options triggered the 1LE. In any given year, only a few dozen to a few hundred got screwed together. As third gen Camaros go, the 1LE is the hottest and most desirable. This one sold for $40,950 on Bring a Trailer last May and came around at a healthy premium in Kissimmee even if it was lower than the 6-mile example. And although nearly 50 grand for a spiced up third gen Camaro may seem like a lot, just go look at prices for any German race-bred car from the ‘80s for perspective.

by Andrew Newton
20 January 2023

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