78 Pace Car with 3 Miles
Thread Starter
Le Mans Master
Joined: Mar 2000
Posts: 9,127
Likes: 2,327
From: Pottsville, PA. USA Home Of America's Oldest Brewery Yuengling
They all know about the car since it was a feature on the 6:00PM local tv news. As for reselling the car it is not an easy car to sell. I would rather it had been driven with miles on it.
The point about the other Corvette dealers getting the car is: This car will be sold at auction to settle an estate. The car is being sold no reserve the last bidder owns it. My point is the car is 3 miles from me and lets say that I don't go and the car gets sold for something stupid like $15,000 than I will be kicking myself for not going.
I am also sorry to hear of your bad experiences with dealers. All I can say is that I am a Corvette enthusiast first/dealer second. I don't have a crystal ball to see what problems a car will have after you buy it, but before I sell it I service the car thoroughly and fix everything I can. I will always tell the customer of anything I know that the car needs. The customer is always welcome to bring their mechanic to check out the car and see it up on the lift.
The car I sell you today I would like to trade back in someday on another one.
The point about the other Corvette dealers getting the car is: This car will be sold at auction to settle an estate. The car is being sold no reserve the last bidder owns it. My point is the car is 3 miles from me and lets say that I don't go and the car gets sold for something stupid like $15,000 than I will be kicking myself for not going.
I am also sorry to hear of your bad experiences with dealers. All I can say is that I am a Corvette enthusiast first/dealer second. I don't have a crystal ball to see what problems a car will have after you buy it, but before I sell it I service the car thoroughly and fix everything I can. I will always tell the customer of anything I know that the car needs. The customer is always welcome to bring their mechanic to check out the car and see it up on the lift.
The car I sell you today I would like to trade back in someday on another one.
Pro
Joined: Sep 2002
Posts: 690
Likes: 1
From: near Memphis TN
Originally Posted by jpatrick636
Buy it.
Gut it.
Put a big block and a six speed in it.
Gut it.
Put a big block and a six speed in it.
Instructor
Joined: Sep 2003
Posts: 135
Likes: 0
From: Estevan SK
he is simply pointing out how it should have been from the factory. Parking cars like that is retarded. I would rather have a low mileage one that I could drive the odd weekend and still be worth a little than one with 3 miles on it and you never get to drive.
Advanced
Joined: Jul 2004
Posts: 53
Likes: 1
I think the car will probably fetch close to 30-35K. I have a L48/auto with 3200 miles that I purchased last year for 21K. All stock, all original and in awesome condition. I thought I got a great deal on it. The gentlemen that sold it to me had four other offers of more $$$, but the passion of me owning it was more important to him than more $$$---(Hard to believe in this day in age). Before buying, I searched around for about 7 months and found many low mileage pace cars being sold/purchased for 25-30K.
The 78 Pace Car obviously is not the quickest Vette out there, but each Pace Car owner has their reasons for ownership. I saw the original Pace Car ad when I was thirteen and I always said that one day I would have one. I wouldn't change it for anything. Now I am looking into a new Z06 for the speed gene in me.
The 78 Pace Car obviously is not the quickest Vette out there, but each Pace Car owner has their reasons for ownership. I saw the original Pace Car ad when I was thirteen and I always said that one day I would have one. I wouldn't change it for anything. Now I am looking into a new Z06 for the speed gene in me.
Last edited by jpkemp; Jul 11, 2004 at 11:17 PM. Reason: add
Melting Slicks
Joined: Jul 2003
Posts: 2,194
Likes: 0
From: Tempe AZ
Originally Posted by Corvette ED
I am also sorry to hear of your bad experiences with dealers. All I can say is that I am a Corvette enthusiast first/dealer second. I don't have a crystal ball to see what problems a car will have after you buy it, but before I sell it I service the car thoroughly and fix everything I can. I will always tell the customer of anything I know that the car needs. The customer is always welcome to bring their mechanic to check out the car and see it up on the lift.
The car I sell you today I would like to trade back in someday on another one.
The car I sell you today I would like to trade back in someday on another one.
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Pro
Joined: Sep 2002
Posts: 690
Likes: 1
From: near Memphis TN
Originally Posted by Quinn_Seipp
he is simply pointing out how it should have been from the factory. Parking cars like that is retarded. I would rather have a low mileage one that I could drive the odd weekend and still be worth a little than one with 3 miles on it and you never get to drive.
Team Owner
Joined: Jul 1999
Posts: 26,545
Likes: 46
From: Huntersville NC
Ed, I was a little surprised that you would bring attention to this auction, which can only reduce your chances of getting a great deal. Good luck with it! 
Does remind me of the super low mileage pace car that the owner used to trailer to car shows and then BACK the car around the showfield to his spot! just so he wouldn't add any fractional miles to the odometer! 
So you figure maybe the car had 25 miles on the odometer and 10 unrecorded miles in reverse... ?
Does remind me of the super low mileage pace car that the owner used to trailer to car shows and then BACK the car around the showfield to his spot! just so he wouldn't add any fractional miles to the odometer! So you figure maybe the car had 25 miles on the odometer and 10 unrecorded miles in reverse... ?
Drifting
Joined: Jul 2003
Posts: 1,253
Likes: 1
From: East China MI
Originally Posted by SpyderD
Let me get this right - you want him to buy it for $25-$30,000 and then spend $15,000 or so to gut it and totally utterly destroy its collector value, then sell his $45,000 investment for maybe $17,000? Yikes! I'm assuming you have not been following this thread.
Thread Starter
Le Mans Master
Joined: Mar 2000
Posts: 9,127
Likes: 2,327
From: Pottsville, PA. USA Home Of America's Oldest Brewery Yuengling
Originally Posted by PRND21
Ed, I was a little surprised that you would bring attention to this auction, which can only reduce your chances of getting a great deal.
Intermediate
Joined: May 2004
Posts: 40
Likes: 0
From: Odessa Fl
Any status on how the auction went? Did it even happen yet?
Looks like 2 or 3 very low mile Pace Cars are on Ebay right now. I think one even has 5 miles and there is a 13K mile L82 4 speed. I think both are bidding high teens right now.
Looks like 2 or 3 very low mile Pace Cars are on Ebay right now. I think one even has 5 miles and there is a 13K mile L82 4 speed. I think both are bidding high teens right now.
Le Mans Master
Joined: Jul 2000
Posts: 6,001
Likes: 113
From: Saginaw Michigan
It doesn't surprise me that there are 1978 Pace Cars coming out of hiding with very few miles on them. If I remember correctly, each Chevrolet dealer got one Pace Car to sell. There was a buying frenzy to purchase the "one and only" Vette from a particular dealer. You rarely if ever saw any Pace Cars on the road. I would have guessed that half of the 6500 Pace Cars ended up squirreled away somewhere.
Burning Brakes
Joined: May 2001
Posts: 1,102
Likes: 0
From: spring city pa
Originally Posted by Corvette ED
This car was on the local 6:pm tv news for two days. It been in the newspaper, radio, fliers, and is on display at the local Chevy showroom. Everyone and their brother knows about it. There are never any good deals at these types of auctions.
Ed are you the dealer located on rt#61 in schuykill haven ?
Geo
Team Owner
Joined: Jun 2000
Posts: 38,923
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From: Southbound
Cruise-In II Veteran
Originally Posted by mapman
What are YOU going to do with it?...If you DRIVE the car, then its value will plunge....If what you want to just show the car (Bloomington Gold Benchmark / NCRS) then you can't drive it...If you want a driver, then there are better Corvettes to spend your money on...
Le Mans Master
Joined: Aug 2003
Posts: 7,720
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From: Chattanooga TN
Originally Posted by markdtn
Since it's not L82 4-sp I doubt it will bring $30k, but I think $20k is too low since it is so unusual. I would say $24-28k