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Rare 'new' 1989 Pontiac Trans Am surfaces for sale

Had a friend who stored a brand new 78 Vette Pace Car.
Took him 25 years to find out it was worth about what he paid for it.
 
A coworker bought a '78 Corvette pace car, L82 4 speed with 9 miles on it in 1997, paid $25K at the time. I'd have spent half that on a low mile driver and enjoyed the hell out of it. He had a shrine alredy set up in his garage for it, tiled floor and all, and he used to sit in a recliner out there and smoke the dope with a life size carboard cutout of Sarah Michelle Geller from Buffy The Vampire Slayer. He was mid 30's, single and lived with his grandmother. Dude was weird as hell.
 
A coworker bought a '78 Corvette pace car, L82 4 speed with 9 miles on it in 1997, paid $25K at the time. I'd have spent half that on a low mile driver and enjoyed the hell out of it. He had a shrine alredy set up in his garage for it, tiled floor and all, and he used to sit in a recliner out there and smoke the dope with a life size carboard cutout of Sarah Michelle Geller from Buffy The Vampire Slayer. He was mid 30's, single and lived with his grandmother. Dude was weird as hell.
If you ever have contact with that coworker, ask him if the seller's name was Jim Thorn from Tennessee.
That's the guy who bought the Pace Car in 78.
 
Beth, it came from Roger's Corvettes in Florida. The co workers name was Roger as well, he left the dealer plates on the car.
The late 70's was a bad era for american cars. Smokey and the Bandit Trans Ams were the only thing desirable from that era IMHO.
 
.......they castrated all the muscle cars and gave us the "lil red express". There, eat cake.
 
My cousin (second cousin) painstakingly restored a '77 corvette only to find out it was worth less than half of what he had into it, but he said doing the restoration was therapy for him since his girlfriend at the time left him for another guy who was a crackhead.
 
Had a friend who stored a brand new 78 Vette Pace Car.
Took him 25 years to find out it was worth about what he paid for it.
78 Pace Cars were pretty much all bought up by collectors and put away.
It's harder to find a 78 Pace Car that has been driven than it is to find one that hasn't.

A guy I knew had one with 3.4 miles on it, and still had the plastic over the seats. They never did the dealer prep on it, and they had the transporter drop it right at his house. He never even sat in it. The guy who unloaded it off the truck was the last guy to sit in it.

Elmer died a couple years ago, and his stuff was all auctioned off a couple months ago... never heard what that car brought.
 
Maybe it's just me, but I don't see the logic in buying it not to drive it. I understand collecting things of value and putting it away, but it sure seems a waste not to drive it.
 
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