Misallocation

1978 Chevrolet Corvette Pace Car Edition Coupe

Sold at Mecum Auctions on Jan. 7, 2026.

$16,500Confirmed

The price as reported by the house. Hammer price $15,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1978
Make and model
Chevrolet Corvette
Generation
Corvette C3
Version
Corvette 1978 Indy Pace Car
Gearbox
Automatic
Chassis
1Z87L8S900392
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 64 comparable sales, 27% under its bottom.

Middle half of sales$19,000 to $34,813
Median$24,625
Sales behind it64Likely

From 64 sales of the Chevrolet Corvette 1978 Indy Pace Car (Corvette C3) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $19,000 and $34,813.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1978 Chevrolet Corvette Pace Car Edition CoupeMecum, Oct. 24, 2026MecumOct. 24, 2026$17,000
1978 Chevrolet Corvette Pace Car EditionMecum, Sept. 26, 2026MecumSept. 26, 2026$18,500
1978 CHEVROLET CORVETTE L82 INDY PACE CAR EDITIONBarrett-Jackson, Sept. 10, 2026Barrett-JacksonSept. 10, 2026$13,500
1978 Chevrolet Corvette Pace Car Edition L82Bring a Trailer, July 31, 2026Bring a TrailerJuly 31, 2026$16,250
1978 Chevrolet Corvette Pace Car Edition L82Bring a Trailer, July 28, 2026Bring a TrailerJuly 28, 2026$8,700
1978 CHEVROLET CORVETTE 25TH ANNIVERSARY EDITION PACE CAR REPLICABarrett-Jackson, June 25, 2026Barrett-JacksonJune 25, 2026$15,000
1978 Chevrolet Corvette Pace Car EditionMecum, June 6, 2026MecumJune 6, 2026$20,500
1978 Chevrolet Corvette Pace Car EditionMecum, May 12, 2026MecumMay 12, 2026$16,000