1978 Chevrolet Corvette

PACE CAR

On CarSpy for at least 22 days

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$64,995

asking price

View on Scotts Auto Sales →

Vehicle type

sedan

Engine

5.7L (5735cc)

Dealer

Scotts Auto Sales

Region

Otago

Listing checked 3 hours ago

Fuel costs$4,550

Based on 12,000 km/year
Estimated at 12.0 L/100km at $3.16/L for this body type/powertrain
Adjusted for its 5.7L engine

Servicing$592

Per-year breakdown below (scheduled visits, oil & filter, tyres and brakes — the last three wear by distance driven, not just calendar time).

Per year

Scheduled service$225

~1.5hr labour ($110/hr) plus minor consumables (air/cabin filter, wipers, fluid top-ups, ~$60) at one visit each year.

Oil & filter$120

~$120 per change, done alongside the annual service.

Tyres$163

A full set (~$680 fitted) lasts ~50,000km — prorated over 12,000km/year driven.

Brakes$84

Pads front + rear (~$280/job) roughly every 40,000km — prorated over 12,000km/year driven.

Registration & WOF$246

Vehicle license (~$181/year) plus an annual WOF at ~$65.

Insurance$2,114

Insurance cover:

Scaled from the NZ average comprehensive premium ($1,311/year) against this listing's $64,995 price.

Unscheduled repairs$650

What breaks between services — an estimate by vehicle age (48 years old) and a brand-tier multiplier (budget-reliable/mainstream/premium/exotic) for Chevrolet. Averaged across good years and bad — most years cost less than this, and an occasional big-ticket failure costs a lot more.

Total annual running cost$8,153

Chevrolet Corvette, 1975–1981

Price$64,995

=At average

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