Virtual Vette
Even living in the Corvette's shadow can't protect the Camero from an uncertain future.
The problem here isn't the product (see Counterpoint), which is better now than it's ever been, but the prohibitive expense of insuring it. The 20-somethings who lust for Camaros find it virtually impossible to afford the insurance on these cars. As Hoxie says, "It's kind of a hard sell when your insurance payment is more than your car payment. There's also been a cultural shift from Camaros to sports utilities and pickups, and I'm not sure what we can do about it." GM, of course, already offers its own insurance under the MIC brand, but rates are roughly the same for the house brand as they are anywhere else. People who chose 305 hp Z-28s are not exactly your best risk prospects, and, as Hoxie puts it, "Our actuarial tables are the same as anybody else's."
Unfortunately, the point seems moot these days, as the Camaro doesn't seem to be taking sales away from anyone. Last year, Chevy sold only 60,000 versus 120,000 back in '94, when the fourth generation of the model debuted. Insurance issues aside, the question of flagging sales seems inexplicable in view of the value the Z-28 offers to the enthusiast on a budget. What torque-loving fanatic today wouldn't give the $24,585 Z-28 a good long look before opting for the $40,000 Corvette? By any objective criterion, such as acceleration, roadholding, or braking, the two cars offer virtually the same level of performance. Whether you're willing to pay twice as much for half as many seats is entirely up to you. I can only report that after first driving the Vette, then following it up with the Z-28, I found myself opting for the more practical and far less expensive Camaro.
Though the abundance of tire and rubber endows the car with impressive adhesion, the spring rates could do with some added stiffness. The front and rear coils remain soft enough to insure ride comfort at the expense of some cornering exactitude. The DeCarbon nitrogen-gas shocks contribute to the problem. Calibrated too softly on rebound, they allow disconcerting oscillations to render the Z-28 squeamish in fast sweepers. The sway bars, however, seem spot-on, never allowing the car to heel over onto the short sidewalls of the Goodyears. The beefy 28mm front and 19mm rear bars cue well with the car's canyon-bashing mission statement.
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