Asking Price: $39,900C3
Great low mile Pace Car with 350ci V8, this is a very iconic C3 that really turned a lot of people on the the Corvette in the late 70's. A great marketing move by GM to put the spotlight on America's sports car... Micheal Svoboda is the COO of Driveway Deals and has a love for corvettes since middle school when he seen a 63 Split Window going through restoration. He is the architect behind 427Stingray and ACCauctions technology platform.
This car is considered the defining line where the Corvette was no longer just seen as a sports car, and people began to see them for the collector’s pieces they are today. So it’s great to have this 1978 Chevrolet Corvette Indianapolis 500 Pace Car so well presented with the L82 V8, distinctive color combo, and features.
The Pace Car special edition radically transformed the Corvette’s looks, adding the two-tone black over silver metallic paint job with a bright red pinstripe in between. Then a spoiler was added at each end to really give it an aggressive look. This was such a unique appearance for the Corvette that we’re happy to see it looking so well presented on this coupe. In fact, this shows all the right signs of being the original factory application. The final piece to this package are the 15-inch alloy wheels that come with the same red stripe, dividing the silver wheels and black tires as it does on the paintwork – what a cool touch, right?
The silver leather interior is perfect for the special edition car, and it’s one of the truly unique elements of a late C3s. The odometer is believed to reflect actual mileage, and that would have this one averaging less than 550 miles annually. That light usage is reflected in a well-preserved interior. The leather seats are complete, the door panels look great, and the dash feels quite nice. Pace cars were quite expensive over the base Corvette, and so they came loaded with the best features, including glass T-tops, full gauge package, power windows, AM/FM stereo, electric rear defogger, sport mirrors, power door locks, factory A/C, and a special silver leather-wrapped tilt/telescope steering wheel. This one is so ’70s-style authentic, you even get a CB radio! And Corvette people know this was a rare and expensive option.
The engine is the optional and numbers-matching L82 350 cubic-inch V8. This higher compression motor was a must-have for the performance fans in 1978 because it offered 18% more horsepower than the standard Corvette V8. It will be a hit at the car shows simply because Corvette people love seeing an original-looking engine bay that’s so clean you could serve lunch on the factory air cleaner. You’ll have no worries taking this to any of the events no matter how far away. After all, Corvettes are good for speed, but this one is a nice car for the long trips, with power steering, cruise control, and four-wheel power disc brakes.
The pace car Corvettes are true collectables, and so you want one that is preserved that way.
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Are there any aftermarket or non-original parts on this car?
Does everything work as intended from the factory?