Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate drivers about...

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Reviewed by Laura Walker
Licensed Agent for 10 Years

UPDATED: Aug 27, 2019

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For many drivers, buying a muscle car like the Chevrolet Camaro is more about passion than practicality. That’s why most Camaro-lovers won’t be swayed by the fact that the 2011 model has ranked below the Ford Mustang and the Mazda MX-5 Miata by some reviewers.

However, when the new Camaro ZL1 convertible with 580-horsepower hits dealership lots in late 2012 the Camaro could once again take the top spot!

GM also has some exciting special editions in the works for the 2012 model year, including the Transformers Special Edition, the 45th Anniversary Special Edition, and the limited edition Honor and Valor model that’s available only to active-duty service members.

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About the 2012 Chevrolet Camaro

Though the 2012 Chevrolet Camaro isn’t available in dealerships yet, a few reviewers have gotten a sneak peak. They say that, since Chevy has been pouring its energy into the ZL1, its engineers haven’t made any substantial changes to the base model.

It maintains the same retro look from previous years, and it also delivers the same thrilling acceleration generated by a 312-horsepower V6 engine.

As with the 2011 model, reviewers say that the 2012 Camaro sports too many cheap plastic surfaces in the cabin. They say that you can get a more sophisticated interior and better gas mileage if you opt for a Ford Mustang instead, but if you’re in love with the Camaro, you probably won’t care.

How much is auto insurance for a Chevrolet Camaro?

Projected auto insurance rates for the 2012 Chevrolet Camaro aren’t available yet, but they’ll likely be similar to rates for the 2011 Camaro.

Estimates compiled by the National Automobile Dealers Association (NADA) suggest that drivers of the base 2011 Camaro will pay an average rate of $98 a month for auto insurance. That comes out to a mean annual rate of $1,138 per year, or $5,692 over five years.

Auto insurance rates for the Ford Mustang are almost identical to the Camaro’s, but anticipated yearly rates for the Dodge Challenger are about $30 lower.

You’ll save about $100 a year if you opt for a Mazda MX-5 Miata over a Camaro, but you’ll pay about $1,000 extra to insure a Mitsubishi Eclipse for one year. You’ll also pay quite a bit more for auto insurance if you upgrade to a more expensive Camaro trim.

For instance, auto insurance for the Camaro SS convertible costs typical owners about $1,510 per year, which is almost $400 more than what you’ll pay to insure the base model.

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Chevrolet Camaro Maintenance Costs

There’s no complementary maintenance program for the Chevrolet Camaro, so you’ll begin paying for scheduled service out-of-pocket from the get-go. The maintenance bills for the first and second years that you own the car will be about $111 each.

The third- and fifth-year bills will be roughly double this amount, at $229 each, and most drivers pay about $1,461 for the Camaro’s fourth-year overhaul.

The Chevrolet Camaro’s total 5-year maintenance cost of $2,143 is much less than the approximately $3,200 it will cost to maintain a Dodge Challenger or a Hyundai Genesis Coupe for five years, and the NADA estimates that it’ll cost about $3,000 to maintain a Mitsubishi Eclipse for the same amount of time.

You’ll also spend a lot more on maintenance if you purchase a Camaro SS convertible, which has a total 5-year maintenance cost of $2,959.

Chevrolet Camaro Repair Expenses

Since the Camaro is under limited warranty for three years or 36,000 miles, most drivers won’t pay for repairs out of pocket until the warranty expires sometime during year three of ownership.

The third-year repair bill will cost you about $424, according to the NADA, and the fourth-year and fifth-year bills will both total about $706. That will add up to a 5-year repair bill of around $1,835 for the Camaro.

To keep up with repairs for the Mitsubishi Eclipse, you’ll pay around $1,727 over five years, and it will cost the typical owner approximately $1,500 to pay for the repairs on a Hyundai Genesis Coupe for that long.

Mazda MX-5 Miata repairs will cost owners about $1,422 over five years, and repairs for the Ford Mustang will total about $1,627.

Though most affordable sports cars have lower repair costs than the Chevrolet Camaro, the Dodge Challenger is an exception. The NADA expects that five years’ worth of repairs for this vehicle will cost $1,916.

Chevrolet Camaro Crash Test Scores

Neither the Insurance Institute for Highway Safety (IIHS) nor the federal government has gotten around to testing the 2011 Camaro yet, let alone the 2012 Camaro.

However, the mechanically similar 2010 model earned the federal government’s highest 5-star rating for its performance in side impact collisions and crashes involving rollovers.

Of course, the rollover rating only applies to the coupe version, not the convertible. The Camaro also fared well in the government’s front impact testing, earning a 4-star rating.

By way of comparison, the 2011 Ford Mustang coupe also received a 5-star rollover rating from the federal government. Though the government hasn’t performed front or side collision tests on the Mustang yet, it earned a top rating for front impacts and an “Average” rating for side impacts from the IIHS.

It also earned the best possible rating in the IIHS’ rear collision test.

Chevrolet Camaro Fuel Economy

Fuel economy ratings for the 2012 Camaro aren’t out yet, but they should be similar to the 2011 model’s ratings. The 2011 Camaro gets 17 city/28 highway mpg, which is slightly below average for its class.

The Ford Mustang gets 19 city mpg/29 highway mpg.

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