It's only one of two COPO Camaro Convertible models in existence and the other one is sitting pretty at the GM Heritage Center so don't bank on that hitting dealerships anytime soon.

So it’s pretty understandable that the COPO Camaro Convertible that hit the auction block at Barrett-Jackson Scottsdale over the weekend fetched $400,000. The winning bid may be a surprise to some people, but in reality, it isn't. Apart from the obvious exclusivity, this muscle car is also primed to perform, carrying a 327-cubic-inch engine and 4.0-liter supercharger that produces 550 horsepower.

Most importantly, proceeds from the sale of the COPO Camaro Convertible will go to the American Heart Association. We can't imagine a better way to part with $400,000 than to use it to acquire a real two-off muscle car. He gets the car and the money he spent goes to a worthy charity that will undoubtedly have plenty of use for it.

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