Back in 2013, an auction was held for more than 500 classic cars owned by Lambrecht Chevrolet, and all were essentially in band-find condition. The main draw of this collection was that many of the cars had extremely low miles including the 1978 Chevrolet Corvette Indy 500 Pace Car Edition, which had 4.3 miles on the odometer. This car ended up selling for $80,000, and years later, Autoweek asks whether you would or wouldn't drive such a car.
At the price this buyer paid for the Corvette, the answer is probably no. The problem is that there isn't a shortage of these 1978 Corvette Pace Car Editions sitting around in low-mileage condition including a like-new car and an another with just 99 miles on the odometer. Both are in far better condition than this one.
Where this particular 'Vette stands out from these is that it was an unsold unit, which means it has never been registered. Yes, you're looking at a 41-year-old new car!
On the flip side of the coin, what fun is owning a car without driving it a little bit? More importantly, this car is not likely to appreciate in price, so what would it hurt to put a few more miles on the car. We just hope the buyer's kid doesn't take it out for the day with his buddies and then try and roll the odometer back. Anyone? Anyone?
Chevrolet had initially planned to build only 300 of these pace car replicas that year, but this number rose to 6,502 units when all was said and done. This car probably deserves to be in the National Corvette Museum, although we're sure the current owner is having plenty of fun showing it off!
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