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Old Jan 20, 2011 | 10:21 PM
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Hello everyone I am new to your forum and have a question I hope you can all answer.

My wife is getting near the empty nest syndrome and has decided to buy an aquaintanances 1978 Corvette that is all black. Nice clean car, and I know nothing about them other than i have spanked quite a few of them in my little 4banger.

The seller who is a friend of mine has had this car for 25 years covered in the garage told my wife it is a silver anniversary edition, I have not seen the car in years and from what i have been able to gleen from the web is that the silver anniversary edition cars all had some sort of silver paint scheme.
could you have ordered one in black only?

Thanks for any info.
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Old Jan 20, 2011 | 10:46 PM
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If it is originally black then it is not a silver ann edition. All 78's have 25th anniversary badging on nose and gas lid. That was just celebrating 25 years. The ACTUAL anniversary model has silver paint and it's own interior. There was also a pace car in 78 and if you look at pictures of it you'll see the 25th ann. badging I am talking about.

That does mean that it will have a lower value than an anniversary model.

P.S. If you are not familiar with vettes then do some searching on here as to what you need to for and where to make sure that you aren't making a mistake. There is tons of info on the subject.
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Old Jan 20, 2011 | 11:42 PM
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Originally Posted by milo30
If it is originally black then it is not a silver ann edition. All 78's have 25th anniversary badging on nose and gas lid. That was just celebrating 25 years. The ACTUAL anniversary model has silver paint and it's own interior.
78 Silver Anniversary package (B2Z) included a special two-tone, Silver over Charcoal paint job, Sport Mirrors and Aluminum Wheels. It DID NOT have it's own interior, but instead was available with any regular black, dark blue, oyster, red or mahagony cloth or leather interior.

There was also a pace car in 78
78 Pace Cars were two-tone Black over Silver, with a silver interior and a unique VIN number.

That does mean that it will have a lower value than an anniversary model.
The difference in value is minimal at best between a 78 Silver Anniversary edition, and a regular 78. There were over 15,000 B2Z 78's built, far more than any other 78's, so they usually do not command a premium price.
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Old Jan 21, 2011 | 12:31 AM
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is 10,000 a fair price to pay for this car. 86k miles absolutely mint condition.
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Old Jan 21, 2011 | 12:44 AM
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Originally Posted by cobaltss
is 10,000 a fair price to pay for this car. 86k miles absolutely mint condition.
As an obvious, self-described "newbie" I don't think you can make this call yourself. This car needs to have the matching-numbers engine for maximium value, and this along with other points of inspection need to be done by someone familiar with the cars.

1. get some assistance
2. Do not depend on believing what you are told
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Old Jan 21, 2011 | 01:01 AM
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Originally Posted by Vettebuyer5869
As an obvious, self-described "newbie" I don't think you can make this call yourself. This car needs to have the matching-numbers engine for maximium value, and this along with other points of inspection need to be done by someone familiar with the cars.

1. get some assistance
2. Do not depend on believing what you are told
I agree with you as I have never even been in a Corvette. I am an olds nut, I have a 68 442 triple black 4psd convertible and obviously know a lot about them.

Based on what I am seeing on the forum so far they have been a tough sell at this price.

Is there some rare or particular options for that year that i would want to look for.?

Thanks,
Don
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Old Jan 21, 2011 | 01:17 AM
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Originally Posted by Vettebuyer5869
:

1. get some assistance
2. Do not depend on believing what you are told


and GBvette62 is correct about the interior. I wrongly stated it was the ann. model.

A '78 isn't highly collectible but I like mine and I'm partial to the black ones. Price can vary depending on locations. If it was in good condition then $10,000 could be a decent price. If it's been sitting for 25 years, it could have several issues that need to be addressed before being dependable. Need to factor in the cost of getting it road worthy. I'd find someone experienced in your area to help you check it out for things such as rust in the birdcage area and a mechanic to look it over and tell you what it needs to get back on the road. It could help you negotiate the price a little more in your favor.

Take as many pictures of it as you can anywhere that you can get the camera and some people on here can give you some good advise.
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Old Jan 21, 2011 | 07:15 AM
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a little info on the 78, fyi
http://www.motorera.com/corvette/1970/vet78.htm
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Old Jan 21, 2011 | 07:36 AM
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Originally Posted by speedreed8
Nice information but must be a misprint on the vin digit concerning the 2 engine options. The L82 should be a "4" as the fifth digit and not an "H" as they show. Could be confusing for a newbe trying to figure out what's suppose to be under the hood according to the vin.
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Old Jan 21, 2011 | 08:13 AM
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If it hasn't been driven in 25 years, you can pretty much expect to pay more than the purchase price to get the car back on the road. Might be a very nice looking car, but it may also have issues with sitting up for so long. Like others have already suggested, I would get someone that is familiar with Corvettes to look at the car before you pay that much money for it.

Also, you mentioned that this would be the wife's car. Remember that it is still a 33 year old vehicle. These were not the most "reliable" means of transportation even when they were new. A lot of Vettes of that era are "drive a little, fix a little" kind of cars. Might not be exactly what she envisions.
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Old Jan 21, 2011 | 10:27 AM
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79 used a '4' for the L82 option in the vin, i think previous years were designated with letters for L82 option.
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Old Jan 21, 2011 | 10:37 AM
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Default SA paint

Hey CobaltSS. Look at the paint codes on the driver's side door jam. According to the Corvette Black Book, the paint code for the SA should be 13/07 and the code for regular exterior black paint is 19. If you like it and it drives ok, buy it, and have fun.
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Old Jan 21, 2011 | 11:53 AM
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Originally Posted by beige79
If it hasn't been driven in 25 years, you can pretty much expect to pay more than the purchase price to get the car back on the road. Might be a very nice looking car, but it may also have issues with sitting up for so long. Like others have already suggested, I would get someone that is familiar with Corvettes to look at the car before you pay that much money for it.

Also, you mentioned that this would be the wife's car. Remember that it is still a 33 year old vehicle. These were not the most "reliable" means of transportation even when they were new. A lot of Vettes of that era are "drive a little, fix a little" kind of cars. Might not be exactly what she envisions.
Agree with above, my wife has a 2004, C5, which I think is a modern luxury car, LT1 (C5 era) is a great engine too. She loves it! For a little more money, you might consider a newer Corvette that is more of a driver, vrs a driver/project. IMHO, most all C3's need some project work and you can get a C5 these days in good condition for not a whole lot more money. C4's are a good option too, but I think the ride is rougher. My 2 cents.
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Old Jan 21, 2011 | 03:24 PM
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Originally Posted by milo30
If it is originally black then it is not a silver ann edition. All 78's have 25th anniversary badging on nose and gas lid. That was just celebrating 25 years..
technically it is a 25th anniversary car since it is a 78, but it i sn't one of the 2 (as mentioned) special anniversary models (the silver anniv and the pace car)

there was nothing really rare about any of the models except the limited production of the pace car (6502) even rarer with the L88/4speed combination. in stock configuration, the L48 engine is rated at 185 hp and is pretty much a dog performance wise as the car isn't a feather weight. in my area, really nice original 78 corvettes are selling well under 10,000 more in the 7500-8000 range. obviously if it is a really low mileage one owner with all types of documentation and maintenance records, etc, it would be worth closer to the 10k number

Last edited by srs244; Jan 21, 2011 at 03:38 PM.
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Old Jan 21, 2011 | 04:27 PM
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All 78s are 25th Anniversary models.

"Silver Anniversary" is the name for the optional two toned paint scheme.

The two terms are often confused.

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Old Jan 21, 2011 | 04:41 PM
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Originally Posted by cobaltss
is 10,000 a fair price to pay for this car. 86k miles absolutely mint condition.
Buy it . look at the frame make sure its not all rusty(beyond re-pair) .It will need:a new radiator brake caliper kits and all the fluids changed but thats a pretty good price.IM on my second Corvette I might just be lucky but did not even drive either car before paying for them I just Knew they were Chevys and if it was broke I could fix it.
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Old Jan 21, 2011 | 05:18 PM
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Thank You all for the information. The car has been stored undercover in his garage for twenty five years, but he still drives it a few times a year so i am sure it is road worthy. My wife spoke to him on Wednesday evening and he is waffling some now. I guess I could understand as i would never sell my 442 unless it was the absolute last option.

What she really wants is a 1961,62 model and of course the red and white one.
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Old Jan 21, 2011 | 07:38 PM
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Originally Posted by cobaltss

What she really wants is a 1961,62 model and of course the red and white one.
Time to sell the Olds and still throw in a few more pennies.
She got expensive taste.
C1's are sweet, but the '78 would be a better cruiser.
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Old Jan 21, 2011 | 08:21 PM
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I've seen brakes start leaking after sitting only 3 months. Be prepared to replace them. Rarer options for '78 include

stereo with cb UP6
4 speed M21
glass tops CC1
gymkhana FE7
power door locks AU3
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Old Jan 21, 2011 | 09:55 PM
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Well it does have l82,4spd,and glass tops so that is nice.
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