Car Enthusiasts... My neighbor has a 1978 Corvette Indy Pace Car

[Stewie]

With 368 miles on it. It's stored in a controlled environment and he says it's worth about $40K. I've always loved Corvettes, but are the Pace cars sold at a premium? He took it to the KC Corvette Club a couple of years ago and won "Best in Show" hands down.

What is something like this really worth? BTW, he moved in next door less than a year ago and I just found out about this today. And yes, he's an honest dude.

[SAUTO]

With 368 miles on it. It's stored in a controlled environment and he says it's worth about $40K. I've always loved Corvettes, but are the Pace cars sold at a premium? He took it to the KC Corvette Club a couple of years ago and won "Best in Show" hands down.

What is something like this really worth? BTW, he moved in next door less than a year ago and I just found out about this today. And yes, he's an honest dude.

check and see if any have been sold at auction in recent years. that may give you an idea.


oh and yes the pace car is worth more. especially a best in show winner at the kc corvette club, if it's still in that good of shape i would bet he's on track

[kstater]

There were about 6500 made.

http://www.vettefinders.com/index.cfm/fuseaction/corvette.Vette101Story/ID/28
"Today, the Pace Cars with limited mileage continue to bring top dollar. A L-82, 4-speed Pace Car with less than 100 miles was recently sold for $31,000. Another Pace Car with the L-48 motor and automatic transmission with only 4 miles sold at the “low price” of $20,750 at Bloomington Gold last year. "

[kstater]

However, if that sucker has the Goodyear's with the Indy imprinted on them, then it's likely worth a lot more. Only the first 300 had the special tires.

[SAUTO]

However, if that sucker has the Goodyear's with the Indy imprinted on them, then it's likely worth a lot more. Only the first 300 had the special tires.

wasnt indy in yellow?

[Stewie]

check and see if any have been sold at auction in recent years. that may give you an idea.


oh and yes the pace car is worth more. especially a best in show winner at the kc corvette club, if it's still in that good of shape i would bet he's on track

He said this exact car sold at Barrett-Jackson for $48K recently (under 1000 miles). Don't B-J bidders have more money than sense?

[Stewie]

However, if that sucker has the Goodyear's with the Indy imprinted on them, then it's likely worth a lot more. Only the first 300 had the special tires.

It has this. He was certain to mention it.

[SAUTO]

He said this exact car sold at Barrett-Jackson for $48K recently (under 1000 miles). Don't B-J bidders have more money than sense?

it sets the market. sad but true

[kstater]

wasnt indy in yellow?

Actually I was wrong, it was Corvette that was put on the tires. But the point's the same.

[SAUTO]

Actually I was wrong, it was Corvette that was put on the tires. But the point's the same.

was the wording in yellow? i seem to remember yellow words on the tires

[HemiEd]

With 368 miles on it. It's stored in a controlled environment and he says it's worth about $40K. I've always loved Corvettes, but are the Pace cars sold at a premium? He took it to the KC Corvette Club a couple of years ago and won "Best in Show" hands down.

What is something like this really worth? BTW, he moved in next door less than a year ago and I just found out about this today. And yes, he's an honest dude.
There were many of these cars put away, in a very similar manner. I have watched them at auction, and they barely bring more than their original selling price of around $25k. There has been a lot of discussion on this car, at the auctions, it just wasn't that special.

[HemiEd]

There were about 6500 made.

http://www.vettefinders.com/index.cfm/fuseaction/corvette.Vette101Story/ID/28
"Today, the Pace Cars with limited mileage continue to bring top dollar. A L-82, 4-speed Pace Car with less than 100 miles was recently sold for $31,000. Another Pace Car with the L-48 motor and automatic transmission with only 4 miles sold at the “low price” of $20,750 at Bloomington Gold last year. "

I remember the comments at those auctions, you would have been better off sticking the money in the bank, especially when you consider inflation.

[joemama]

Your local Kia dealer has something faster than that vette. I would not give you a dollar for any Corvette produced from 1971 till 1989. The horsepower ratings were pathetic.

[chefs fan in omaha]

I had a 78 vette. It was a 35 anniversery not a pace car. It was kinda gutless

[Bugeater]

I had a 78 vette. It was a 35 anniversery not a pace car. It was kinda gutless
35th? :spock:

You may want to re-check your math, first year of the Corvette was '53.

[Psyko Tek]

the gerwey and black
with the cross fire fuel injection?

would just be a show car
gutless wonder
and I think the first year with the bubble hatch back
the year corvette died for me

[Skip Towne]

Your local Kia dealer has something faster than that vette. I would not give you a dollar for any Corvette produced from 1971 till 1989. The horsepower ratings were pathetic.

I didn't know the exact years but I know some of those old vettes aren't worth much. My brother has a '60 'vette. I wonder what it is worth?

[Bugeater]

I didn't know the exact years but I know some of those old vettes aren't worth much. My brother has a '60 'vette. I wonder what it is worth?
Probably a lot, the worthless ones are 73-83. Pretty much anything '72 or older is sought after.

[Brock]

If you can find an 83 vette, I suggest you buy it. Those things are pretty rare.

[Skip Towne]

Probably a lot, the worthless ones are 73-83. Pretty much anything '72 or older is sought after.

He's also got a '57 Nomad, a '57 Bel Air, a '66 Chevelle and a '64 Corvair Convertible. I'd like to know what his collection is worth.

[Bugeater]

If you can find an 83 vette, I suggest you buy it. Those things are pretty rare.
:doh!:Goddamn it, should've been '82.

[Brock]

I have an 80, in its stock configuration it made 185 hp.

[Skip Towne]

I think there is one year they didn't make any Corvettes.

[Bugeater]

I think there is one year they didn't make any Corvettes.
It was '83, the C4 wasn't ready until halfway through the model year so they just sold them as '84s.

http://www.corvetteblog.com/archives/corvette-museum-the-missing-1983-corvette.html

The sign on the exhibit explains: "The planned 1983 Corvette brought forward some of the most far reaching design changes in Corvette's history. Many changes included high-technology that had not been proven for automobile application....Although the technology was available, it had to be developed into the manufacturing process with the quality, reliability, and durability proven before production of saleable vehicles could begin. The initial plan called for introduction of the newly designed 1983 in October 1982. There were 43 pre-production models built (but) a decision was made to withhold production (for sale) until January 1983 and to serialize them as 1984 models.

So, why were they held off until January? Before production lines began, California voted to make emission controls more stringent than ever, and the 1983 model wasn't prepared to deal with it.

[smittysbar]

There were many of these cars put away, in a very similar manner. I have watched them at auction, and they barely bring more than their original selling price of around $25k. There has been a lot of discussion on this car, at the auctions, it just wasn't that special.

This

[Demonpenz]

might be worth the money just to have something you don't see very often