1998 Indy Pace Car
Race Director
Joined: Mar 2001
Posts: 10,665
Likes: 56
Heck, I've owned 3 different 98 pace cars, I love them. I was able to change the look of #2 significantly and I can honestly say I never found anyone that didn't like it in person. I did however, spend a small fortune on custom wheels and interior to get the desired look.
The cars most certainly demand a premium already. While his price may be okay, it's not spectacular by any means. There is a forum member (see C5's for sale) with one for sale that only has 5k miles and will take around 31k for it. That is a steal, so if you're serious, you need to look up the post and see what you can work out with him.
To each his own...they look better in person...
The cars most certainly demand a premium already. While his price may be okay, it's not spectacular by any means. There is a forum member (see C5's for sale) with one for sale that only has 5k miles and will take around 31k for it. That is a steal, so if you're serious, you need to look up the post and see what you can work out with him.
To each his own...they look better in person...
Team Owner
Joined: Jun 2001
Posts: 24,921
Likes: 0
From: Knoxville, TN
CI 3-4-5-6-7-8 Veteran
St. Jude '03 thru '26
Drifting
Joined: Mar 2011
Posts: 1,412
Likes: 15
From: Richardson TX
I don't think they usually fetch a premium. If you look on completed listings on ebay, not a single 98 pace car in the past 90 days has sold or met the reserve price. (out of about 10 listed)
When I was in the market looking for my c5, a local corvette dealer had a pace car convertible, and it was selling for 18K I think, ~60K miles. That's below blue book value for a non-pace car convertible. It was there for over 6 months, maybe a full year or so, I didn't keep track.
My point is, if you look at the actual sale history of 98 pace cars in the past several years:
1. I don't think they've sold well. People who bought it as an "investment" are trying to sell them for more than they're worth, and no ones buying.
2. The ones that do sell, sell for average price of a non-pace car.
I don't care for the yellow wheels, but I saw some pace cars with regular chrome wheels and I thought they looked pretty good, but, I wouldn't pay extra for one by any means.
When I was in the market looking for my c5, a local corvette dealer had a pace car convertible, and it was selling for 18K I think, ~60K miles. That's below blue book value for a non-pace car convertible. It was there for over 6 months, maybe a full year or so, I didn't keep track.
My point is, if you look at the actual sale history of 98 pace cars in the past several years:
1. I don't think they've sold well. People who bought it as an "investment" are trying to sell them for more than they're worth, and no ones buying.
2. The ones that do sell, sell for average price of a non-pace car.
I don't care for the yellow wheels, but I saw some pace cars with regular chrome wheels and I thought they looked pretty good, but, I wouldn't pay extra for one by any means.
Heel & Toe
Joined: Oct 2012
Posts: 16
Likes: 0
I don't think they usually fetch a premium. If you look on completed listings on ebay, not a single 98 pace car in the past 90 days has sold or met the reserve price. (out of about 10 listed)
When I was in the market looking for my c5, a local corvette dealer had a pace car convertible, and it was selling for 18K I think, ~60K miles. That's below blue book value for a non-pace car convertible. It was there for over 6 months, maybe a full year or so, I didn't keep track.
My point is, if you look at the actual sale history of 98 pace cars in the past several years:
1. I don't think they've sold well. People who bought it as an "investment" are trying to sell them for more than they're worth, and no ones buying.
2. The ones that do sell, sell for average price of a non-pace car.
I don't care for the yellow wheels, but I saw some pace cars with regular chrome wheels and I thought they looked pretty good, but, I wouldn't pay extra for one by any means.
When I was in the market looking for my c5, a local corvette dealer had a pace car convertible, and it was selling for 18K I think, ~60K miles. That's below blue book value for a non-pace car convertible. It was there for over 6 months, maybe a full year or so, I didn't keep track.
My point is, if you look at the actual sale history of 98 pace cars in the past several years:
1. I don't think they've sold well. People who bought it as an "investment" are trying to sell them for more than they're worth, and no ones buying.
2. The ones that do sell, sell for average price of a non-pace car.
I don't care for the yellow wheels, but I saw some pace cars with regular chrome wheels and I thought they looked pretty good, but, I wouldn't pay extra for one by any means.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
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
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)
Joe Kucinski
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!
Verdad Gallardo
Top 10 Corvettes Coming to Mecum Indy 2026!
Brett Foote
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!
Michael S. Palmer
Melting Slicks
Joined: Jul 2012
Posts: 2,507
Likes: 9
Drifting
Joined: Jan 2012
Posts: 1,341
Likes: 8
From: Hopatcong New Jersey
Melting Slicks
Joined: Mar 2008
Posts: 2,453
Likes: 346
From: SC
Couldn't be said any better!
Melting Slicks
Joined: Mar 2008
Posts: 2,962
Likes: 254
From: Richmond, Ky
I have come to understand that some Pace Car owners are pretty sensitive. I am on one members ignore list because I suggested that his choice of C5 might draw as much critical attention as my choice in a FRC car. So far I haven't lost any sleep over it though. I have never made any negative comments about Pace Cars as I actually like them, wouldn't ever buy one, but I appreciate them for what they are and what they represent.
Drifting
Joined: Jan 2012
Posts: 1,341
Likes: 8
From: Hopatcong New Jersey
Pro
Joined: Apr 2012
Posts: 526
Likes: 1
From: Maine
Melting Slicks
Joined: Mar 2008
Posts: 2,453
Likes: 346
From: SC
We are just talking about opinions here. Mine is that I just don't care for the look of the pace car. And I have looked at a few at car shows and walked away shaking my head thinking "what the hell where they thinking when the designed this"? The same thought I had when my Dad brought home his brand new 1974 AMC Matador, one of the few other cars that ever had me shaking my head in disbelief...
Drifting
Joined: Jan 2012
Posts: 1,341
Likes: 8
From: Hopatcong New Jersey
I stand by my thin skinned comment.
You don't like FRC and don't understand why someone would buy one, some people don't like the pace cars and don't understand why someone would buy them.
