1998 Panoz AIV Roadster (10,000 original miles) (SOLD)

1,761 views · Published 22 September 2015 · 4:22 · Indexed 21 September 2026

Channel: MotoeXotica Classic Cars · 2015 · Autos & Vehicles

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1998 Panoz Roadster AIV

One of 72 Produced for 1998
Designed and built by Danny Panoz
4.6 Liter SVT Cobra 4-Cam V-8 engine
5 speed T-5 Manual Transmission
Stunning Chameleon paint
Kosei Seneca S5R aluminum 18 x 8 wheels
Aluminum frame and engine

MotoeXotica is offering this beautiful and rare Panoz AIV Roadster. This 1998 Panoz AIV Roadster is just one of 176 produced in the entirety of the AIV’s 3-year lifespan (72 were made in 1998). The stunning Chameleon metallic paint is in great condition with no major imperfections to be found. Inside, fitted with the powerful Fujitsu Ten Eclipse 180 watt stereo, the black leather seats all look presentably original with normal wear visible including the door panels and dashboard that are matched to the exterior of the car and look fantastic.

The Panoz Roadster is a sports car launched in 1992 by the American manufacturer Panoz Auto Development Company of Georgia. The Roadster was succeeded by the AIV Roadster in 1997. They were built using aluminum, similar to that of the Plymouth Prowler  first sold several years before in 1997. This Danny Panoz constructed roadster was the first American built aluminum intensive vehicle. In 1994 Panoz developed an aluminum chassis for the Roadster. This new chassis would both reduce assembly time (yet 350 man hours were still put into each copy), and reduce weight improving performance. In 1996 a new prototype was unveiled, which differed substantially from the original car. It had an extruded aluminum space frame with a central backbone. Consequently the new Roadster was at approximately 70% aluminum and was dubbed an Aluminum Intensive Vehicle, the AIV Roadster.

The new engine, a 4.6 liter  Mustang SVT Cobra 4-cam V8 produced 305 horsepower, combined with a 5 speed Borg-Warner T-5  manual transmission and lighter chassis,  increased the car’s power-to-weight ratio significantly. With the weight savings, including the 18 x 8 Kosei Seneca S5R aluminum alloys, an air conditioner was installed with little overall weight or performance change. The last year the AIV Roadster was made was 1999.

These Panoz are increasingly difficult to find and  in such solid well kept condition next to impossible.This extremely good looking and well equipped AIV will delight even the most discerning sports car enthusiast or collector. GET OUT AND DRIVE!!!…

Current mileage on the odometer shows 10,248,  it is sold as is and is on an actual mileage clean & clear Georgia title.

VIN:1P9PA1820WB213041 

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