78 Pace Car Value
Thread Starter
Instructor
Joined: Apr 2008
Posts: 173
Likes: 1
From: Stowe Vermont
78 Pace Car Value
The values on these cars seem to be all over the place. My dad wants to buy a chrome bumpered c3 and would need to sell his 78 pace car. Its an L-48 auto, with 33,000 original miles. All bone stock, all original, a true "survivor" The paint is showing its age in some spots (seems in the front are starting to show a little) The paint still looks really good though, and shines up great. Overall the car is in very good condition. I was originally thinking around 18k, but i've seen some going for 24k-ish. Anyone have any thoughts? Thanks
Administrator
Joined: Jul 2000
Posts: 54,014
Likes: 6,215
From: About 1100 miles from where I call home.
The values on these cars seem to be all over the place. My dad wants to buy a chrome bumpered c3 and would need to sell his 78 pace car. Its an L-48 auto, with 33,000 original miles. All bone stock, all original, a true "survivor" The paint is showing its age in some spots (seems in the front are starting to show a little) The paint still looks really good though, and shines up great. Overall the car is in very good condition. I was originally thinking around 18k, but i've seen some going for 24k-ish. Anyone have any thoughts? Thanks
I think 24ish is very optimistic.
took a quick peek at recent auctions- this sold for 24.5 (minus fees) 4000 original miles.
http://www.mecum.com/auctions/lot_de...=FL0111-102936
And this sold for 16.5, 59 k miles.
http://www.mecum.com/auctions/lot_de...=KC1210-100981
both automatics.
Last edited by vettebuyer6369; May 15, 2011 at 01:26 AM.
Le Mans Master
Joined: Sep 2002
Posts: 5,236
Likes: 898
From: Myrtle Beach SC
Its an L-48 auto, with 33,000 original miles. All bone stock, all original, a true "survivor" The paint is showing its age in some spots (seems in the front are starting to show a little) The paint still looks really good though, and shines up great. Overall the car is in very good condition. I was originally thinking around 18k, but i've seen some going for 24k-ish.
The link below is to an article from a few years ago...and I would say still relevant when trying to price these collectibles. Keep in mind, Corvette's 60th anniversary is coming up in two years and we may see, yet another Corvette Pace Car, making it the eleveenth. This gives the "first" Pace Car exposure and helps to maintain those values.
Pace Car Frenzy
Race Director
Joined: Jan 2007
Posts: 14,998
Likes: 3,373
From: NYC NY
Its all about a Pace Car with the most desired options, documentation and, perhaps, the right buyer.
I would estimate a range of $16k to $24k and like the other poster, not very optimistic about getting the $24k. A bone stock survivor with no options and 33k is a lot of miles on these cars compared to the inventory.
I would estimate a range of $16k to $24k and like the other poster, not very optimistic about getting the $24k. A bone stock survivor with no options and 33k is a lot of miles on these cars compared to the inventory.
"THE RIGHT BUYER" may be the most important advise you will find in this entire thread. I say that from experience. 
Both Steve (Vettebuyer5869) and Tom (hunt4cleanair) were very helpfull when I was selling my Pace Car.
Steve was dead on with his estimate of what the car would sell for. I was offered as much as 10K less than the asking price. Needless to say I refused those types of offers.
You need to decide what your bottom line is and price the car accordingly. Keep in mind while selling in a depressed market hopefully you will also be buying in a depressed market. Good luck with the sale and finding the chrome bumper C3.
