For Sale
Amarillo, Texas, USA Amarillo, Texas, USA
Private Seller
Amarillo, Texas, USA
5,708 mi
Automatic
LHD
Original & Highly Original
  • OVERVIEW
  • DESCRIPTION
  • MEDIA
  • HISTORY (1)
  • SPECS
  • COMPS (0)
  • TAXONOMY

About this 1978 Chevrolet Corvette L82 Indy 500 Pace Car Edition

VIN: 1Z8748S903073

This is a true 1978 Corvette Indy Pace Car Edition, and it's got the desirable L82 350 V8 under the hood. That was the high-performance engine option for '78, rated at 220 horsepower, and it really gives the car some extra punch compared to the base L48. The engine runs strong, starts up easily, and has that classic V8 rumble thanks to the factory-style dual exhaust. It’s paired with a 3-speed Turbo Hydra-Matic automatic that shifts smoothly with no issues.

Mechanically, everything works the way it should. Power steering makes driving easy, and the 4-wheel power disc brakes stop confidently. Suspension feels tight and well-sorted—it’s the original setup with coil springs and a front stabilizer bar up front, and the transverse rear leaf spring out back. The car handles well, rides smooth, and tracks straight down the road.

The car sits on its original aluminum wheels with Goodyear Polysteel radials that still look the part. All the gauges on the dash work—oil pressure, temperature, battery, you name it. No warning lights, no weird noises, just a solid-running Corvette.

It’s a well-preserved example overall—nothing wild or over-modified, just a clean, mechanically sound Indy Pace Car that’s ready to enjoy. Whether you’re cruising it on weekends or adding it to your collection, this one’s a great driver with real muscle car heritage.

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Vehicle History

A timeline of events that we've detected for this vehicle.

Feb 11, 2001
Purchase reported via public record. Price undisclosed
Oklahoma, USA

Specs

Details about this vehicle - curated by our market specialists.

Year
1978
Model Family
Model Generation
Model Variant
Indy 500 Pace Car Edition
Model Trim
-
Engine
350ci V8 (L82)
Transmission
Automatic
Drive Type
Rear Wheel Drive (RWD)
Originality
Original & Highly Original
Mileage
5,708 mi
VIN
1Z8748S903073
Vehicle Type
Automobile
Body Style
T-Top
Doors
2 Doors
Driver Side
Left Hand Drive
Ext. Color Group
Black
Int. Color Group
Gray

Market Summary

The Chevrolet Corvette Indy Pace Car - C3 (1978 to 1978) market.

CMB $30,113
The CLASSIC.COM Market Benchmark (CMB) represents a benchmark value for vehicles in this market based on data accumulated by CLASSIC.COM. Actual market value for a specific vehicle will depend on various elements, including the condition of the vehicle.
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There are 410 Chevrolet Corvette - C3 for sale across all model years (1968 to 1982) and variants, 13 are Indy 500 Pace Car and 13 are model year 1978 . There were 169 Indy 500 Pace Car sold in the last 5 years.

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Vehicle information is provided by the seller or other third parties; CLASSIC.COM is not responsible for the accuracy of such information. Price may exclude certain taxes, fees, and/or charges. See seller for details.