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.

 

Buy it.

Gut it.

Put a big block and a six speed in it.

 

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.

 

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.

 

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.

 

 

I think I was a little harsh. My apologies. Good luck with the Pace Car.

 

MNJack and I watched one get auctioned off at Carlisle last year. It had something like 17 miles on it. I remember it going for around $34K.

 

So do I, and I have much more respect for people that have collector cars that are "drivers", and I have a vette myself that is totally factory incorrect and modifyed. I would have no use myself for a trailer queen collector car. On the other hand, 3 miles in a controlled environment is what you call "mint" condition. I say leave a few cars like this for the museams or true collectors, it's just good to know that 50 years from now this same car may very well be sitting still in some collection with that same 3 miles on the odometer so that people like us can look at it and see how it was when it truly came off the car lot. Now keeping a '78 vette with 3,000 miles as a collector to take to shows in a trailer? Waste of time, tear it apart. But 3 miles? At this point let it sit.

 

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... ?

 

I was just injecting a little levity.

 

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.

 

Low-to-mid 20's maybe? Some idiot will be there and bid thousands more though.

 

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.

 

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.

 

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

 

Ed are you the dealer located on rt#61 in schuykill haven ?

Geo

 

 

However, I called my friend who restores them and he says high teens on the price. He says he has worked on a few and even if the suspension is ok there will be electrical problems galore and carburetor/fuel system issues.

 

Yes