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Old Oct 15, 2007 | 08:06 PM
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Local dealer just got in a 78 Pace car with 680 miles, L48 motor, They want $29900 is this to high or not?
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Old Oct 15, 2007 | 08:48 PM
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I'l throw my .02 in but you are going to get lots of different opinions on this one I would imagine.

If you want a Vette to drive and enjoy, then this ain't it. If you want a classic for a collection and like Pace Cars as much as I do, it's still a little high especially if it's an automatic. 4 Speeds bring more.

If you were to spend 30k and planned to drive it, you will probably need to put another few thou into it to make it roadworthy after sitting for almost 30 years.

But if your pockets are deep enough and you want a 30 year old new car to thrash about, I'd congratulate you on a great ride.
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Old Oct 15, 2007 | 10:25 PM
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Originally Posted by 78Vette-SA
I'l throw my .02 in but you are going to get lots of different opinions on this one I would imagine.

If you want a Vette to drive and enjoy, then this ain't it. If you want a classic for a collection and like Pace Cars as much as I do, it's still a little high especially if it's an automatic. 4 Speeds bring more.

If you were to spend 30k and planned to drive it, you will probably need to put another few thou into it to make it roadworthy after sitting for almost 30 years.

But if your pockets are deep enough and you want a 30 year old new car to thrash about, I'd congratulate you on a great ride.
Being the owner of one of these low milage L82/4 speed Pace Cars I would say that assessment is right on.
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Old Oct 15, 2007 | 10:35 PM
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I would agree 100% This car needs to be in a dealer showroom. Or a collectors museum. If it had 10k miles it would be a different story. But with 680 miles.
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Old Oct 15, 2007 | 10:37 PM
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Originally Posted by 3JsVette
Being the owner of one of these low milage L82/4 speed Pace Cars I would say that assessment is right on.
I'm sure you would
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Old Oct 16, 2007 | 08:51 AM
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The car was sold in one day to a collector that will be put away like it should be with that few of miles. Thanks for your input.
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Old Oct 16, 2007 | 09:34 AM
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Originally Posted by Green73
I'm sure you would



I can't imagine anyone with $30k and a taste for C3s not buying a nice '69-72.
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Old Oct 16, 2007 | 09:56 AM
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I had 78 Pace Car twenty years ago and I think they are a very cool car.
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Old Oct 16, 2007 | 03:15 PM
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Originally Posted by xccter


I can't imagine anyone with $30k and a taste for C3s not buying a nice '69-72.
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Old Oct 16, 2007 | 06:29 PM
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A 78 Pace Car is a taste all of it's own.
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Old Oct 16, 2007 | 06:30 PM
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Originally Posted by xccter


I can't imagine anyone with $30k and a taste for C3s not buying a nice '69-72.

The Pacers are indeed nice, but you can enjoy driving an early C3 without worrying nearly as much about destroying its appreciation, so if I could only have one, it certainly wouldn't be a PC. Speculator types have been trying to get rich on these since the first one hit the showroom floor, and neither I nor the market will show any mercy on someone who ends up loosing their shirt on one. Proceed with caution as a minor market correction will put its value on how much you like it rather than what it cost you.
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Old Oct 16, 2007 | 10:31 PM
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Originally Posted by TheSkunkWorks
...Speculator types have been trying to get rich on these since the first one hit the showroom floor...
I've noticed that too, lots of pace cars were bought and locked away by owners who thought they would be worth a lot of money one day. Unfortunately, their error was in the fact that everyone who wanted a pace car bought one in 1978 ... they didn't even keep up with inflation.

The price was about $14,000 back then. If you had put that money into the stocks that make up the DOW, it would be worth $224,980 based on today's close. And that's not even counting dividends.
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