Chevrolet sets base price for the 2011 Camaro convertible at $30,000

The price of the 2011 Chevrolet Camaro convertible when it hits showroom floors in February will be $30,000, including an $850 destination charge, General Motors said on Thursday.

The price is about $2,000 more than a similarly equipped Ford Mustang convertible.

The Camaro convertible will be available in the same trim levels as the coupe version. Power will come from either a 312-hp, 3.6-liter V6 or a 426-hp, 6.2-liter V8. A six-speed manual will be standard with a six-speed automatic optional.

The sticker price is a far cry from what one buyer paid last week at the Barrett-Jackson auction in Las Vegas to own Camaro convertible No. 2--the princely sum of $205,000.

The Camaro convertible is set to debut at the Los Angeles auto show on Nov. 17.

By Jake Lingeman