* 700R4: A 4-speed automatic overdrive transmission. This was a very common option.
* 3-speed automatic: A simpler 3-speed automatic was also available, though less common than the 700R4.
* 5-speed manual (BorgWarner T5): A 5-speed manual transmission was offered as an option.
To know for sure which transmission was in *a specific* 1986 Camaro, you'd need to check the vehicle's documentation (owner's manual, build sheet if available) or look at the transmission itself.
