100,000$ 78 vette....
Thread Starter
Safety Car
Joined: Nov 2001
Posts: 3,728
Likes: 1
From: Maple
100,000$ 78 vette....
this has got to be a joke..right?? <A HREF="http://classifieds.autos.yahoo.com/display/automobiles?ct_hft=detail&intl=&cc=autom obiles&cr=&cid=1724474ad2636ac62b7b0547d 51bd45a" TARGET="_blank">http://classifieds.autos.yahoo.com/display/automobiles?ct_hft=detail&intl=&cc=autom obiles&cr=&cid=1724474ad2636ac62b7b0547d 51bd45a</a>
Racer
Joined: Dec 2001
Posts: 489
Likes: 0
From: Orlando Florida
Re: 100,000$ 78 vette.... (1bad69)
Is that the one that has never been registered and has 24 miles on the trip???? If so, I could see it selling for a large chunk of changes, maybe even $100,000, though I wouldn't pay that much for it :D :D
Melting Slicks
Joined: Dec 2000
Posts: 2,629
Likes: 7
From: Lawrenceville PA
Re: 100,000$ 78 vette.... (1bad69)
No joke. It's only got 14 miles on the odometer and every available option. Don't know if he'll get that much out of it, but it is a very valuable car.
Burning Brakes
Joined: Nov 2001
Posts: 1,191
Likes: 1
Re: 100,000$ 78 vette.... (1bad69)
It's almost the 25th anniversary of the 25th anniversary pace car. Some of you may not have heard the stories regarding the release of these cars and the frenzy surrounding their sale up to the Indy 500 that year.
It may be valuable to somebody - to each his own. But to me it's just another butt-ugly '78 pace car.
GM
It may be valuable to somebody - to each his own. But to me it's just another butt-ugly '78 pace car.
GM
Le Mans Master
Joined: Dec 2000
Posts: 7,245
Likes: 4
Re: 100,000$ 78 vette.... (mayberg)
The problem with cars like this (I'm referring to the almost 0 miles) is that they're no longer cars........they're furniture.
Let's say he finds someone to pay huge dollars for it. Is the buyer gonna drive it home? Not a chance. It'll be a trailer queen forever.
If anyone did start putting miles on it.......what's going to happen to the value?
Like I said.....it's not a car anymore.....it's furniture! :nonod:
[Modified by 67HEAVEN, 3:13 PM 2/4/2002]
Let's say he finds someone to pay huge dollars for it. Is the buyer gonna drive it home? Not a chance. It'll be a trailer queen forever.
If anyone did start putting miles on it.......what's going to happen to the value?
Like I said.....it's not a car anymore.....it's furniture! :nonod:
[Modified by 67HEAVEN, 3:13 PM 2/4/2002]
Melting Slicks
Joined: Nov 2000
Posts: 2,663
Likes: 3
From: Palm Harbor FL
Re: 100,000$ 78 vette.... (1bad69)
It's no joke but it's come down from $125,000. You think the value of your new SUV drops when you register it and drive it off the lot, just imagine what will happen to this one!!! It will go from a one of a kind to one of 6,200 in 2 seconds. The only way you can maintain its value is if you never register it and never drive it. Otherwise you'll lose $75,000 in one spin around the block. :eek: :crazy: :smash:
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Le Mans Master
Joined: Nov 1999
Posts: 5,768
Likes: 3
From: San Diego CA
Re: 100,000$ 78 vette.... (1bad69)
Hey how could it be original? its got reclining seats and high performance tires :D - I've got a 78 - it doesnt have reclining seats (the storage compartments wont allow it) and high performance tires - it should have dry rotted old goodyears I would think.
Melting Slicks
Joined: Nov 2000
Posts: 2,663
Likes: 3
From: Palm Harbor FL
Re: 100,000$ 78 vette.... (fauxrs)
I guess the seats recline from the folded forward position to the straight up position and at some point ALL tires are performance tires. Compared to solid rubber tires? :D :jester
Team Owner
Joined: Jul 1999
Posts: 26,545
Likes: 46
From: Huntersville NC
Re: 100,000$ 78 vette.... (fauxrs)
In a recent thread about the NCRS Florida regional, somebody posted that a never titled 78 pacecar was auctioned for $18k !! Now, I dont know the details of what was actually auctioned at what price, but the point is, there is a big difference between "what a car is worth" and "asking price".
Also, I recall an article in one of the corvette magazines about a very low mileage pacecar. The owner would trailer it to shows, and then BACK it onto the show field to avoid putting miles on the odometer. So, whatever you are into, but personally I would not be interested in owning a corvette that I could only drive backwards. :) And what a blow when your cherished museum piece investment that you think is worth $100k only brings $18k at auction.. kind of pathetic, dont you think? MJ
Also, I recall an article in one of the corvette magazines about a very low mileage pacecar. The owner would trailer it to shows, and then BACK it onto the show field to avoid putting miles on the odometer. So, whatever you are into, but personally I would not be interested in owning a corvette that I could only drive backwards. :) And what a blow when your cherished museum piece investment that you think is worth $100k only brings $18k at auction.. kind of pathetic, dont you think? MJ
Melting Slicks
Joined: May 2001
Posts: 2,700
Likes: 3
From: Lebanon KY
Re: 100,000$ 78 vette.... (mayberg)
Some of you may not have heard the stories regarding the release of these cars and the frenzy surrounding their sale up to the Indy 500 that year.
BTW, this explains why you see so many near-zero mile 78 Pace Cars for sale.
Race Director
Joined: Dec 2000
Posts: 10,896
Likes: 2
From: CO
Re: 100,000$ 78 vette.... (corvettemaster)
sounds a bit steep. Although you never know. My dad sold his 63 split window for about 2500 dollars I belive it was... mabye 3,000 :confused: But either way its worth a heck of alot more now. A 78 isn't that old yet so it might take a while but you never know. :cheers:
Instructor
Joined: Jun 2001
Posts: 131
Likes: 0
Re: 100,000$ 78 vette.... (1bad69)
I've seen that car for sale before. Obviously, the seller is not seriously interested in selling it, but that's. I suppose he [she?] is waiting for someone who wants, as was elegantly put, furniture.
There was a thread on this car many, many months ago -- during the summer I think. My opinion is that the total number of '78 pace cars in existence would have to drop by 90% for the value of that trailer queen to approach 100k.
Good luck seller and too bad for the poor sap that titles it!
-Rexx
There was a thread on this car many, many months ago -- during the summer I think. My opinion is that the total number of '78 pace cars in existence would have to drop by 90% for the value of that trailer queen to approach 100k.
Good luck seller and too bad for the poor sap that titles it!
-Rexx
Le Mans Master
Joined: Aug 2001
Posts: 6,213
Likes: 1
From: South Alabama
Re: 100,000$ 78 vette.... (mayberg)
...But to me it's just another butt-ugly '78 pace car.
Someday you're gonna want someone's help here.... :sleep:
Pro
Joined: Aug 2000
Posts: 708
Likes: 21
From: Montrose CA
Re: 100,000$ 78 vette.... (1bad69)
Even a car museum would be a better shopper than that... I wonder what Chevrolet would buy it back for??? Or better yet... I wonder how many zero mile cars Chevy has stocked away in some parking garage in Detroit???
Race Director
Joined: Feb 2001
Posts: 10,787
Likes: 0
From: My own state of mind
Re: 100,000$ 78 vette.... (Carl in LA)
It's both cool and depressing to see cars like this. As was stated before. This car is furniture. But to be able to look at something that hasn't changed since 1978 puts me in awe! Personally I wouldn't buy anything like this. I couldn't stand letting it sit and couldn't stand the fact that if I drove it I'd just blow away about $80,000!!!
Neat...but not for me. :nonod:
Matt
[Modified by Golden80, 7:19 PM 2/4/2002]
Neat...but not for me. :nonod:
Matt
[Modified by Golden80, 7:19 PM 2/4/2002]