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Old Aug 17, 2005 | 05:55 PM
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What would a 25th anniversary vette with 3,000 miles be worth?
This was purchases by a doctor brand new and kept in his garage with a car cover over it. It still has the factory original tires with the nobby things still there. It is in perfect condition. He charged the battery and drove it around the block and it runs perfectly.
What is a car like this worth...could it be auctioned on the Barret-Jackson?
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Old Aug 17, 2005 | 06:15 PM
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I`ve seen them for 25K plus.Hard to say what their worth.
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Old Aug 17, 2005 | 06:42 PM
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In this month's Corvette and Chevy Trader there is a 78 Pace Car with about 1800 miles, for about $25k (if I remember correctly).

Actually, it's worth whatever he can get for it. A lot of people out there would love to have a car that is that original, with that low of mileage. Depending on how long he wanted to wait for the right seller, he could probably get $30k or even more.

Last edited by bbfirebird; Aug 17, 2005 at 06:46 PM.
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Old Aug 17, 2005 | 07:16 PM
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Thanks for the responses,
I am trying to research the car due to the fact he has asked me to help him sell it. He is an older Dr. that I work with and doesn't have any computer/internet skills.
I am ignorant to vettes and there value. I was impressed to see such a car....... I have always heard of people that has bought cars and put them up before but never thought I would see one.
The reason he has decided to sell it is because he had a scare. His wifes Ford expedition caught on fire just outside of his garage and brought to lite the fact that the car would not have been covered if his house was to have caught on fire and destroyed the car. Soooo now he has decided to sell it and get what he canfor it.
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Old Aug 17, 2005 | 07:32 PM
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I would get it covered and KEEP IT!
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Old Aug 17, 2005 | 07:46 PM
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They are not worth as much as some who bought them for an investent back in '78 had hoped. Probably only double ( maybe a little more ) your money for a 27 wait.

There seems to be quite a few low mileage '78 pace cars out there and they are not that expensive
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Old Aug 17, 2005 | 07:53 PM
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I miss where it is a pace car. I assumed it was a silver anniv. car, which will be worth a great deal less than a pace car. Pace car or silver anniv.??
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Old Aug 17, 2005 | 08:02 PM
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It is a silver anniversary.
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Old Aug 17, 2005 | 08:11 PM
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That's what I thought. This car would I'm sure bring a premium price as far as the 78 silver anniv. goes but, it will be MUCH less than a pace car. Is it a L82 or L48? auto or 4 speed? oyster int? All these will be factors in the value.
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Old Aug 17, 2005 | 09:31 PM
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Originally Posted by rickou812
His wifes Ford expedition caught on fire just outside of his garage and brought to lite the fact that the car would not have been covered if his house was to have caught on fire and destroyed the car.

I hope he is thoroughly investigating the cause of this fire and pursuing a claim against Ford, especially if the fire was caused by a faulty brake/cruise control switch.

here is just one example: An internet search will turn up many similar stories..

Ford Vehicle Blamed In House Fire
A Ford Expedition, not on a recall list, is being blamed for a fire in the garage of an Orange County home on Monday. The owners said they heard a noise before the vehicle caught fire at their home on Bounce Drive in east Orange County. Investigators say the cause was a switch on top of the master cylinder connected to the vehicle's cruise control. It is the same switch that forced Ford to recall thousands of other vehicles. Ford is sending an investigator to check out the damaged vehicle and determine what happened. Firefighters removed the SUV from Mark Vanscoter's garage and kept the fire from spreading to the rest of the house. No one was injured.

Last edited by PRNDL; Aug 17, 2005 at 09:37 PM.
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Old Aug 18, 2005 | 05:29 AM
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From the Idaho Page.



This was the 25th anniversary for the Corvette and Chevrolet introduced the most extensively redesigned Corvette since 1968. 25th Anniversary emblems appeared on the 1978 Corvette. The Corvette was honored as the Pace Car for the 1978 Indy 500 and to commemorate the event, Chevrolet built limited edition Corvettes with their own VIN number sequence. The Wall Street Journal ran a front page article about the 1978 Indy Pace Cars, indicating they would be an excellent investment.



1978 Options:


Code Description Quantity
1YZ87 Base Corvette Sport Coupe 40,274

1YZ87/78 Limited Edition Pace Car 6,502

A31 Power Windows 36,931

AU3 Power Door Locks 12,187

B2Z Silver Anniversary Paint 15,283

CC1 Removable Glass Roof Panels 972

C49 Rear Window Defroster 30,912

C60 Air Conditioning 37,638

D35 Sport Mirrors 38,405

FE7 Gymkhana Suspension 12,590

G95 Optional Rear Axle Ratio 382

K30 Cruise Control 31,608

L82 350ci 220hp Engine 12,739

M21 4 Speed Manual Close Ratio 3,385

MX1 Automatic Transmission 38,614

NA6 High Altitude Emissions Equipment
-

N37 Tilt-Telescopic Steering Column 37,858

QBS White Letter Steel Belted Tires P225/60R15 18,296

QGR White Letter Steel Belted Tires P225/70R15 26,203

UA1 Heavy Duty Battery 28,243

UM2 AM/FM Radio Stereo With 8 Track 20,899

UP6 AM/FM Radio Stereo With CB 7,138

U58 AM/FM Radio Stereo 10,189

U69 AM/FM Radio 2,057

U75 Power Antenna 23,069

U81 Dual Rear Speakers 12,340

YF5 California Emissions Test
-

YJ8 Aluminum Wheels 28,008

ZN1 Trailer Package 972

ZX2 Convenience Group 37,222


Serial Numbers: 1Z87L8S400001 through 1Z87L8S440274

Fifth Digit Code: L=350ci 175, 185hp, 4=350ci 220hp

Suffix:

CHW: 350ci, 185hp MT CMR: 350ci, 220hp, MT

CLM: 350ci, 185hp AT CMS: 350ci, 220hp AT

CLR: 350ci, 175hp AT CE CUT: 350ci, 185hp, AT

CLS: 350ci, 175hp HA AT



CE=California Emissions, MT=Manual Trans, AT=Automatic Trans, AC=Air Conditioning, AH=Aluminum Heads, HA=High Altitude



Base Engine: 350ci V8 185hp
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Old Aug 18, 2005 | 06:00 AM
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Originally Posted by rickou812
Thanks for the responses,
I am trying to research the car due to the fact he has asked me to help him sell it. He is an older Dr. that I work with and doesn't have any computer/internet skills.
Ah Ha...........Tell him it's worth about $8000 then buy it from him. Tell him you found that information on the Corvette Fourm a we are the experts.
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Old Aug 18, 2005 | 07:43 AM
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Originally Posted by theandies
Ah Ha...........Tell him it's worth about $8000 then buy it from him. Tell him you found that information on the Corvette Fourm a we are the experts.


All is far in love, war and used car buying. Seems like much of America has forgotten the middle part.
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Old Aug 18, 2005 | 09:44 AM
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21k, 25k, 30k, even more has been quoted here. Now, how many peeps here on the forum would actually pay that for it. Surely there's someone here that wants a low mileage 78.

Maybe if you have more cash then you know what to do with, or sold it at BJ, but real world price for those of us that don't IMO would be around 15K.

I think a nice 68-72 would be more desirable for the prices quoted before. That's just my opinon.
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Old Aug 18, 2005 | 09:52 AM
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Vette Finders pricing guide

Average Price

1978 Silver Anniversary $ 12,600
1978 Pace Car $ 18,100

Low miles might add a little to it, but not much. Even the "Blue Books" have a point that low mileage does count after a certain price.

Last edited by RC73; Aug 18, 2005 at 09:57 AM.
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Old Aug 18, 2005 | 10:12 AM
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Put it on Ebay with a high reserve and see what offers you get. I'd guess mid 20's
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Old Aug 18, 2005 | 12:37 PM
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Originally Posted by Scottys78
I would get it covered and KEEP IT!
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Old Aug 18, 2005 | 02:42 PM
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Originally Posted by Scottys78
I would get it covered and KEEP IT!
Why? He doesn't drive it. It's still got the original nubbies on the factory tires for gawd sake! Let a collector snap it up. I'm sure if he's an older doctor, he doesn't need the extra cash , unless to pay his medical mal practice insurance premiums. Let it go to someone who will appreciate it and love on it instead of letting it sit covered up in a garage. IMHO
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Old Aug 18, 2005 | 06:04 PM
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Originally Posted by PRNDL
I hope he is thoroughly investigating the cause of this fire and pursuing a claim against Ford, especially if the fire was caused by a faulty brake/cruise control switch.

here is just one example: An internet search will turn up many similar stories..
That is exactly what caused it, and to top it off, they recalled the vehicle but when he took it in to have the recall feixed they didn't have the part and he was waiting on the dealer to call him back when they got the part in.
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Old Aug 18, 2005 | 06:11 PM
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Thanks for the info about the options and stuff.
I am going to go over to his place and take pictures of the car and get the VIN# and all the details about the car. He said he even has some trophies from a car show he had it in.
Thanks again for your help.
I am leaning towards listing it on ebay and just see what happens.
and as for the question that I am sure is on everybodies mind....
YES I would die to have this car, but.....I can't even come close to affording it. He told he was offered $25,000 for it in the past but was not willing to part with it at that time.
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