1978 Corvette Silver Anniversary with 4.1 miles...

[lspencer534]

On eBay now:

Chevrolet Corvette Silver Anniversary | eBay

A related article:
BARN FIND: This 1978 Silver Anniversary Corvette Has 4.1 Miles | Best Ride Blog

[Loco Vette]

I will never understand the "buy it and park it" mentality. You want something pretty to put in your garage, buy a poster of Cheryl Tiegs in her heyday.

[Truck Guy]

Originally Posted by Loco Vette

I will never understand the "buy it and park it" mentality. You want something pretty to put in your garage, buy a poster of Cheryl Tiegs in her heyday.

It's just a car. Drive the damn thing!

[Kerrmudgeon]

I think there's at least one of those in all major cities in North America. I know of two in our city alone.
Trust us....we're only going to make 500 of them, that's it!
That was the hype......
They ended up making one for every dealer.....over 6200 of them, with the added price of 13K over the normal sticker. Great investment huh?

Buy it, put it away where it's components will age and dry out........
Then you die and someone sells it! Might as well drive it a little and enjoy it.

[lspencer534]

Basically what everyone is saying is that collecting new cars by putting them away is a horrible investment. It's been tried with probably every make of car, and the money return never even comes close to what you would have earned by putting the money in a simple bank savings account.

I realize I'm disregarding the "drive it and enjoy it" factor, but that is a very valid consideration, too.

[Loco Vette]

Originally Posted by lspencer534

"and enjoy it" factor,

That's the value in buying a fun car

[FasterTraffic]

Originally Posted by lspencer534

Basically what everyone is saying is that collecting new cars by putting them away is a horrible investment. It's been tried with probably every make of car, and the money return never even comes close to what you would have earned by putting the money in a simple bank savings account.

I realize I'm disregarding the "drive it and enjoy it" factor, but that is a very valid consideration, too.

If you buy a car you love and it appreciates in value, that should be icing on the cake. Even if I were buying Ferraris, it would be for the joy and not the ROI.

I completely understand only driving the car when you can enjoy it and therefore it gets minimal mileage, but putting it on blocks with a cover on it seems like missing the point.

[78SA]

I'd like to have it but fixed.

[99 pewtercoupe]

Kind of like the old adage about not having sex with your wife so she is nice and tight for the next guy

[Brett K]

Would love to buy it and drop in a big block before taking it to Carlisle and watch all the NCRS types heads explode!

[snide]

Damn.

[BADRACR1]

A few years back I bought a 1972 Hugger Orange Camaro from a friend that spent three years restoring it. I'm talking bumper to bumper. Smelled new inside. He said he was afraid to drive it for fear that someone would hit it, key it, or steal it. He put less than 1200 miles on it over the two and a half year period after it was finished.
I bought it and told him that he better get used to the idea of seeing it around town because I was going to drive the damn thing. The first two days I owned it it rained.
And I drove it.
I owned it for the summer and then sold it. I put 3400 miles on that car. One of the ones I wish I had kept.



Oh, and the '79 t-top Z/28 next to it had 46k original miles. I drove that bitch, too!

[Dave]

Sad.

That car could have brought a lot of enjoyment to someone over the past 28 years. Instead it's been a science experiment in dry rot.

Not to mention that a mere 15 THOUSAND of the only 40k Corvettes built that year were the "special" Silver Anniversary Edition. Yup. Almost 40% of the cars built that year. This thing is the exact opposite of "rare" as Corvettes go.

[Mike Mercury]

not that I am applauding this buy-it-park-it thing...

but 1978 was a banner year for the Corvette; 46,776 produced and all sold without any effort needed. It was leaked early enough that three things were happening:

* Fastback rear, which hadn't been seen since the 1967 Corvette
* 25 year anniversary special edition 2-tone paint and badging
* First Corvette chosen as Indy Pace car, special edition of that as well

as stated earlier, the Indy pace and 25th Anniversary editions accounted for 22,000 of the total produced.

the one mentioned in this thread has the L82 engine, which is desireable.

[RedLS1GTO]

You go through all of that... and you did THIS to it.

Fail.

As far as I'm concerned, chunks in the fenders kills every bit of the 1000000% original appeal that it might have had to the right person.



What a waste. I've never understood doing crap like this with cars.

[StaticCling]

Bidding is up to 30k, which IMO is stupid for a late 70's Shark. That is in early 70's Big Block territory price wise (for a clean car!) and even close to enough money for a Mid-Year Driver.


No Thanks.

[Mike Mercury]

at a Mecum auction 5-6 years ago, I made bids on a new 1981 Corvette, red with smoked/mirrored T tops, 12 miles... seats still in plastic; still on GM title. It was to be Yvonnes Corvette; our last bid was 15k - my absolute limit... car sold in the mid $20's

[Iron Chef]

Originally Posted by chinaski

Bidding is up to 30k, which IMO is stupid for a late 70's Shark.

Bidding is now up to $75K. You have to be some kind of idiot to pay that much for a '78 with fancy badging.

[8Up]

$80k and a bucket of zaino and you can have a $10k car.

[Aerovette]

Originally Posted by Loco Vette

I will never understand the "buy it and park it" mentality. You want something pretty to put in your garage, buy a poster of Cheryl Tiegs in her heyday.

Date a bikini model...but never sleep with her.