1988 Oldsmobile Cutlass Convertible Indy 500 Pace Car Festival Car on 2040-cars
Franklin, Indiana, United States
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Up for sale is a RARE 1988 Oldsmobile Cutlass Supreme International Convertible Indianapolis 500 Pace car "Festival Car" with only 1870 miles!!! It is the real deal. Various sources have verified it as car #225 of the 72nd Indy 500. There were only 50 convertibles made in 1988 for the Indy 500 race. Two were actual 'Pace cars" and 48 were "Festival Cars" that each driver got seated in and taken around the track to their race cars. After the race they were sent to dealerships where they got sold to the public. Right from the start the cars were breaking in half. GM issued a recall and ordered these cars crushed. The majority of them were crushed. A small handful made it to storage. This car seen some major storage time that was not kind to it. There are some small dents and dings around the car. Windshield is cracked on bottom edge near valance. The interior is near perfect. The rear headrest were removed for the convertible top and for the race car driver to set on the edge. I have the headrest. There are some areas where the glue holding the carpet to the panels has come loose. Easy fix. The hood latch handle has been broken. I have a N.O.S. bracket that goes with the car. Hood still opens from the cable inside. All electronics works great. The car has a 2.8 V6 that runs like new. It should it only has 1870 miles!!! Car runs and drives GREAT!! Has not seen a long drive on a road in a long time. I only take it down the lane and back. Car was found in storage. Previous owner had it about 13 years. Was purchased from a collector and went into another collection. Car has lots of documentation about the story of the car. Car comes with a BILL OF SALE only!! Car was issued a Salvage title and deemed UNSAFE by GM do to them breaking in half. There is no structural damage to this car. Its very solid and tight. Car went to a local race track where it was a pace car for some time. Barrett-Jackson sold one in 2010 for $20,000. They have another one set for sale with a reserve of $22,000. This car is not perfect but with a little work it could be. It has a lot going for it. Great Museum piece or just for your personal collection! A $500 deposit is required within 24 hours at end of auction. Balance paid within 7 days at end of auction! Car is stored inside and can stay there for up to 30 days. Will assist with transporting or helping load the car. Please have funds with bidding!!! If reserve is not met contact me about a price or possibly trade!! Good luck and happy bidding! Any questions should be answered. |
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