Faults:

Engine head gasket blew after one year of owning this car.

Transmission failed after 2 years of owning the car.

Water pump failed 4 times.

Some electrical issue, but I fixed it.

General Comments:

I bought this car in 2003, and I am still the owner of this car until now in 2013.

This car is awesome and very fast, and I must admit that I loved it at first sight.

It is red and it has a T-top, along with a big 5.7 engine.

The reliability of Camaro LT1 is bad, and I had so much trouble trying to solve the heat problems.

If you own this car, then definitely you will become friends with so many mechanical and electrical people, since the problems in this car appear suddenly.

It's pretty understandable to have some of major mechanical problems, since this car is pretty old and I used it to race lots of people before, and I beat a Mustang easily, and surprisingly I managed to keep up with a Corvette C5 until 120 MPH (200 Km/h) in a drag race. Although both cars were stock!

Right now I have a Camry, and this car is my 2nd car, and I quit racing for long time and I am taking care of my Camaro, and surprisingly nothing has gone wrong with this car after I decided to take care of it, and it's been 5 years with no major issues.

Faults:

Seats are a little pushed down because of use since 1996.

Passenger window motor seems to be dying.

Rear shocks seem to be wearing with use.

With a lot of weight in the rear seats, it seems to make a loud clank noise when going over a big bump (at a relatively high speed).

General Comments:

I love this car, it is my baby. This is of course because it is my first car; I am 17 years old.

I bought this car from a local owner, and he had taken great care of it, and the owner before him, took care of the car religiously.

There was minor engine work done on it before I bought it, however it has given me no problems since.

The interior is pretty worn down, but this is also because of daily use since 1996. I can get past this easily.

The car runs very well. A little disappointed with the power of the car, but it is a V6. Looks good, T-Tops are great. Makes for a great car all around.

I would most definitely recommend this car to any 16 year old looking for a cheap sports car. I bought this car for under $3,000, and in over a year, I have only put in more oil, and replaced the wiper blades recently. No leaks!

I love this car!