In 1973, the second generation Monte Carlo (1972-1977) was introduced, featuring new Chevrolet parts and a new look. The vehicle retained its 116-inch wheelbase although its new design, highlighted by deeper curves, was clearly borrowed from the GM Colonnade coupe. For the 1975 model year, a swivel seat option was available. Prior to that, the 454 engine was introduced due to fuel embargos.

All new' for 1978, the Chevy Monte Carlo ushered on its third generation (1978-1980) with all the familiar curves but with a new engine—the first V6 engine for the Monte Carlo . In 1979, a new taillight, which was wrapped around the back end of the vehicle, replaced the original design of the horizontal taillights. The turbocharged V6 was available for 1980 and it was also graced with rectangular quad, side-by-side headlights.

The fourth generation Monte Carlo (1981-1988) was defined as the complete new generation of Monte Carlo . In 1983, the Super Sport package, Z65, returned and in 1984, the Monte Carlo SS package introduced bucket seats and an optional center console. The SS Aerocoupe body style was available for 1986 and 1987.

The last rear wheel drive Monte Carlo was built December 11, 1987 at 5:29PM at the Pontiac Michigan plant. This seemed to mark the end of the Monte Carlo . After a six year absence, however, the Monte was re-introduced for a fifth generation (1995-1999) in the fall of 1994, as a front wheel drive, V6 powered vehicle, although without the Super Sport package. There were two packages and two engines available: the LS and the sportier Z34 package. For the final two years, the Z34 featured a 200 hp 3.8L engine.

The sixth generation Monte Carlo (2000-2004) was a completely new design. While still in FWD and powered by a V6 engine, Chevrolet revived the knight crest emblems and some of the curves of its heritage. The year 2000 also marked the re-introduction of the Super Sport (SS) package, which was now offered together with the standard LS trim. And in 2004, the Supercharged SS package was introduced.