1960 Oldsmobile Ninety-Eight

8

Automatic

609M19740

1960 Oldsmobile 98 Convertible Indianapolis Pace Car. I have done extensive research and I am convinced this is a Indianapolis Pace Car for the Indy 500 that occurred on May 30 1960. This is also an one owner car that has sat in a garage in Indiana since 1969. The car was a Oldsmobile Company car and was delivered in April 1960. I went to the Indianapolis Motor Speedway this .week and they have no records of the actual pace cars, just some pics. The pics show the Pace car was white with a blue leather interior. That is exactly what I have and the gentleman I purchased the car from said they purchased the car as a Demo from Nottingham Oldsmobile in Marion Indiana in 1961 and it had never been titled. It had a repaint prior to him buying the car. My thoughts are they couldnt sell the pace car with the Indianapolis Pace Car graphics so they repainted it to a slightly darker color so the car would sell. The car has not been driven since 1969. The car is in excellent condition for its age. It shows corrision in the driver side rocker panel and driver side rear quarter panel, and a few very small holes in the trunk floor pan. The frame and underside of the car appears to be very solid. It was stored in a small two car garage with a concrete floor. The interior is decent, the top was left down for the last 43 yrs, I gave it some cleaning. The door panels and the rear seat are in pretty good condition, the rest will probably need some restoration. I have not tried to turn the engine over or start the car, it is just as it was left 43 yrs ago. The doors open and close like they should. The only parts missing I am aware of are a couple of the headlight rings, spark plug wires, alternator/generator, trunk lock, keys to car. I have cleaned the interior and exterior to so it shows the current condition of the car. The car is very straight and appears to be very complete. It has Power Windows, Power Seat, Power Brakes, and Power Steering. I also have the original owners manual with procto-plate. I recently transfered the title over into my name and should have the new title in a couple of days. I enjoy buying old cars and this is a great car with lots of potential with a great restoration. If the car does not meet my reserve I will have the car restored myself. I have actual photos of the PACE Car and Festival cars at the track on Race Day, I am having a difficult time getting those photos posted, if you are interested I can email those to you. If you have questions, you are welcome to contact me directly at 317 440 1278. Happy Bidding! One more note, finding a 1960 Olds 98 Convertible with one owner since 1961 in very good restoreable condition isnt easy to find whether this car is Pace Car or not a Pace Car. The NADA value for the car albeit without it being a Pace Car is $83000 in High Retail Condition. Obviously this car needs a full restoration to command top dollar. This car has great potential for the right person. On May-17-12 at 18:13:53 PDT, seller added the following information: If you would like a BUY IT NOW price, you are welcome to contact me via email or phone at 317 440 1278. ThanksOn May-18-12 at 19:15:16 PDT, seller added the following information: Just a note to say this car has a very reasonable reserve. This car is in great condition and ready for an award winning restoration. I would prefer to sell the car but if it doesnt meet my reasonable reserve I will just put the car in storeage and get it restored for my own collection. I rarely find cars that are over 50 years old with 1 owner and in this condition! If I restore the car it will be for sure an Indy 500 Pace Car and I will take it out to the Speedway every year and drive the car on special occasions.