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Old 08-09-2013, 11:31 PM   #1
Motor City Hamilton
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Member Since: Aug 2007
Location: Dearborn MI
Default 1970 Corvette LT1 For Sale

How much should I be asking for this car?

1970 Corvette LT1 Stingray History

Click the image to open in full size.

Vehicle Identification Number: 194370S406842
1 – Chevy
9 – Corvette
4 – V8
37 – Coupe
0 – 1970
S – Built in St. Louis, Mo
406842 – Specific vehicle number indicating a build date of February, 1970
Due to extended 1969 production, 1970 production did not start until January 1970. Total build for 1970 was 17,316, lowest since 1962. Only 1,287 LT1 Corvettes were built in 1970. Source: Corvette Black Book.

Trim 400 – Black vinyl interior
992 – Original paint code for Laguna Gray
974 – Car repainted somewhere during its history to Monza Red

Original Engine:
Serial Number 70S406842
CTU: 350ci, 370hp, mt, ig
Chevrolet first introduced the RPO LT-1 motor package in 1970. With 370 gross horsepower at 6,000 RPM, it featured many hi-performance and heavy duty components, including solid lifters, heavy duty starter, forged TRW aluminum pistons, 11:1 compression, four bolt main cap block, Tuftrided crank, special hi-lift cam, high rise aluminum intake, Holley carb, baffled oil pan, and transistor ignition. Also included were larger capacity components not found on the base 350, such as a larger rad, hi volume oil and fuel pumps, and 2 1/2 inch exhaust. Stock 1970 LT-1 Corvettes were reported at the time to be able to achieve 0-60 in 5.7 seconds, and do the quarter mile in 14.2 seconds. Source: www.LT-1.com

This car is not numbers matching. This is the only missing piece to return this car to numbers matching status. If the engine pictured below could be found and rebuilt, it could increase the value of this car. Numbers matching LT1s in this condition are being priced at $40,000 to $50,000. Fully restored condition LT1s are currently listed at $60,000 to $90,000.

Last know location of the original engine; Motor City Parts Connection in Michigan. Email has been sent in August 2013. Here is the old eBay listing:
1970 Chevrolet Corvette 350cid LT1 Small Block
Serial Number 70S406842
Build Code CTU - 370hp Special High Performance V8
Build Code V0227CTU
Casting Code 3970010
Casting Date: B50 (Feb. 5th, 1970)
Become the proud owner of this rare, 1970 Chevrolet Corvette 350cid Small Block! Built in 1970, this high performance V8 engine block cranks out 370 horsepower. For the owners of a 1970 Corvette, this is a MUST HAVE item to really bring out your vehicle's heritage. Don't miss this incredible opportunity to own an original 1970 350cid small block!! Includes block and complete rotating assembly, excluding one rod and one piston. This block has not been checked, but it appears to be usable. There is no scoring of the cylinder walls and no ridge at the top of the cylinders. This 1970 Chevrolet Corvette 350cid Small Block is being sold AS IS with no warranty. You are buying EXACTLY what you see in the photos!

Click the image to open in full size.

Click the image to open in full size.

Current Engine: 454ci

Click the image to open in full size.

Rebuilt in 1998 by Baker Engineering Inc., 17165 Power Drive, Nunica, Michigan 49448, Phone (616) 837-8975, according to previous owner Bob Chambers. The engine was shrunk wrapped on a wooden pallet but previous owner was unable to produce rebuild paperwork. Bob informed me that performance cams were installed. I would love to have had the dyno runs for this engine. Before we installed engine, heads were removed and inspected. Oil pan and intake were also removed for block inspection. It appeared to be a fresh, zero miles motor so in it went. Also installed Edelbrock aluminum intake, new Edelbrock 690 carb , new water pump, new double roller timing chain, new belts, hoses and fuel lines, new fuel filter, new fuel tank, new OEM replacement valve covers, new MSD electronic ignition and new spark plugs and wires. Only around 5,000 miles on the engine since the rebuild.

Exhaust:
Hooker headers were sent to Jet Hot for ceramic coating inside and out.
Installed new Corvette correct stainless exhaust system from headers to rear.
Added new Flowmaster stage II mufflers.
Added new 1970 Corvette correct OEM chrome exhaust tips (sugar scoops).

Transmission:
M21 Muncie 4 speed close ratio transmission
Serial Number 70S406842 (car correct)
P0005B (P= Muncie Plant, 0=1970, B= M21)
Casting numbers:
3857584GM indicates 1966 – 1970
3925661 indicates 1970-1974
1st gear 2.20
2nd gear 1.64
3rd gear 1.28
4th gear 1.00
Reverse 2.27

Rear end: 3.36 rear gear with positraction differential.

Known Owners:
Keith Wayne Hamilton (me)
St. Clair Shores, Michigan
Titled in August 2000 to present
Garage kept. Rarely in the rain. Driven approximately 5,000 miles.

Robert William Chambers
Wyoming, Michigan
September 1994 to August 2000
Robert claimed that that the car had not left his garage since 1996.

Prior owners unknown

Last edited by Motor City Hamilton; 08-10-2013 at 12:05 AM.
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Old 08-10-2013, 12:07 AM   #2
Vettebuyer5869
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After you determine a price, please list your ad in the Cars For Sale section with the asking price.
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Old 08-10-2013, 12:09 AM   #3
Motor City Hamilton
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Quote:
Originally Posted by Vettebuyer5869 View Post
After you determine a price, please list your ad in the Cars For Sale section with the asking price.
So you moved my thread out of the for sale section then ask me to post it back in the for sale section? Did I miss something?
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Old 08-10-2013, 12:27 AM   #4
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Yes you missed something, a couple things.

First, the Cars For Sale section is not for asking people for input on the price you should ask for it, its the classified section. I could have deleted it, but instead I moved it to the General section, where people could answer your question for you.

Secondly, any listing in the Cars For Sale classified must have an asking price, according to forum rules.

So, you can figure out what you want for your car. When you do, place an ad in the Cars For Sale classified with a price.
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Old 08-10-2013, 12:29 AM   #5
Motor City Hamilton
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Quote:
Originally Posted by Vettebuyer5869 View Post
Yes you missed something, a couple things.

First, the Cars For Sale section is not for asking people for input on the price you should ask for it, its the classified section. I could have deleted it, but instead I moved it to the General section, where people could answer your question for you.

Secondly, any listing in the Cars For Sale classified must have an asking price, according to forum rules.

So, you can figure out what you want for your car. When you do, place an ad in the Cars For Sale classified with a price.
Ok. Thank you for the polite correction. I'm new to this forum.
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Old 08-10-2013, 01:13 AM   #6
bobbarry
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$25,000, give or take.
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Old 08-10-2013, 09:08 AM   #7
Alan 71
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Hi MCH,
Quite a nice looking car in your pictures!
There is a thread going on right now dealing with your question...." what is an LT-! worth when the engine it left St.Louis with is gone"?
There are many, many, opinions, as you can imagine.
I guess to help determine what YOUR car is worth it would be good to know more about it and to see more pictures of it. It would also help to know just how 'original' the rest of the car is.
Regards,
Alan
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Old 08-10-2013, 09:27 AM   #8
Motor City Hamilton
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Quote:
Originally Posted by bobbarry View Post
$25,000, give or take.
Quote:
Originally Posted by Alan 71 View Post
Hi MCH,
Quite a nice looking car in your pictures!
There is a thread going on right now dealing with your question...." what is an LT-! worth when the engine it left St.Louis with is gone"?
There are many, many, opinions, as you can imagine.
I guess to help determine what YOUR car is worth it would be good to know more about it and to see more pictures of it. It would also help to know just how 'original' the rest of the car is.
Regards,
Alan
$25 to $30k was the range I thought was a good price. A good deal for the buyer, but not totally giving the car away.

All other numbers matching items are on the car. If I could get that original block, that would be amazing. Interior is original. I replaced rear suspension with new OEM parts. Original factory radio still in dash. Interior seems original (not sure how you document that).

Thanks for the advice.
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Old 08-10-2013, 09:55 AM   #9
Alan 71
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Hi MCH,
It's fairly easy to tell if an interior still has it's original soft parts.
The 'comfort weave' area of the reproduction seat covers is made by a different process that gives a different appearance to the material close up. The original had tiny 'breathing' holes while the repro is solid vinyl molded to look like comfort weave.
The original carpet has a different backing on it compared to the reproduction.
Original door panels have a very distinct pattern molded into the center detail area while that area on the reproductions is less well formed.
If the door panel and seat covers are off the car it's easy to see they were date coded... but then of course the car is disassembled which changes everything. Some original carpet had part number/ date stamped stickers on it.
I think you're in the right area $ wise if the car proves to be as nice as the pictures seem to indicate.
Regards,
Alan
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Old 08-10-2013, 11:39 AM   #10
69Pman
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Quote:
Originally Posted by Alan 71 View Post
Hi MCH,

If the door panel and seat covers are off the car it's easy to see they were date coded...

Alan
We recently had the door panel off of our driver side door to repair the latching mechanism as the latch wasn't catching when shutting the door. Here is an example of what Alan 71 was most likely talking about.
Click the image to open in full size.
Click the image to open in full size.
Phil
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Old 08-14-2013, 05:45 PM   #11
super-bee_ski
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Quote:
Originally Posted by Motor City Hamilton View Post
Ok. Thank you for the polite correction. I'm new to this forum.
nice car....

One stupid question...

You say you are 'new to this forum" but your AVATAR shows membership since 2007

See below from MERSHON'S, Springfield Ohio
(Dan Mershon,I bought my first Vette from him before the internet...1965 convertible)

1970 LT-1
Monza red...

1971 Corvette LT-1, #7270 - 1971 Corvette Coupe equipped with the LT-1 (350/330hp) and 4 Speed Manual Transmission. Mille Miglia Red Exterior with Black Interior. Options include Power Steering, Tilt-Telescopic Steering Column, and Rally Wheels with Goodyear White Letter Tires. ... ASKING PRICE OMITTED PER FORUM RULES....
(by me)
But, log on to the website and see what they are asking....

Good luck with your highly desireable LT-1
(Wish it was mine but I'd have to sell a MOPAR to buy it)
1 Vette is enough, they are much like a mistress....
All your money
All your time
And they dont "ALWAYS" put out!
But when they do, it's worth it!
LOL

Last edited by super-bee_ski; 08-14-2013 at 05:50 PM.
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Old 08-14-2013, 09:26 PM   #12
henryr
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went to the website...is that the one they are asking 29k for ?
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Old 08-15-2013, 08:25 AM   #13
Easy Mike
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Quote:
Originally Posted by Motor City Hamilton View Post
...How much should I be asking for this car?...This car is not numbers matching...
Quote:
Originally Posted by Motor City Hamilton View Post
...$25 to $30k was the range I thought was a good price...
Go from there.
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Old 08-15-2013, 08:39 AM   #14
cuisinartvette
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Love the LT1s nice car
be hard to put the 350 back in when yo ugot the brutal torque of the 454 in already. Good luck with the sale
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Old 08-15-2013, 10:25 AM   #15
super-bee_ski
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As the late and great Carroll Shelby stated:
"There is no replacement for displacement"
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Old 08-16-2013, 12:29 PM   #16
ryanmh
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You have no interior shots and relatively few photos, and precious little information about what works and what doesn't, so it's hard to judge. Perfect car, you're on point. Imperfect, might take awhile, unless you find someone drooling at the thought of that block being out there....

EDIT: Even with the block, I don't know how much difference it would make. It sounds as if all that still exists is the block. You say $40k for a #s matching LT1, which I'll take at your word, but what is it going to cost to actually put together the whole engine compartment?

Last edited by ryanmh; 08-16-2013 at 04:19 PM.
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Old 08-16-2013, 03:59 PM   #17
Alan 71
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Hi sbski,
Something to be said for that LT-! engine too.
For some people, Chevrolet saved the best sb for last with the 70 LT-! engine.
Regards,
Alan
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Old 08-21-2013, 10:50 AM   #18
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Quote:
Originally Posted by Alan 71 View Post
Hi sbski,
Something to be said for that LT-! engine too.
For some people, Chevrolet saved the best sb for last with the 70 LT-! engine.
Regards,
Alan
Yes Alan,
LT-1s were very much "missed" by the entire world!
Bib Block performance was everywhere, BOSS 302s and Z-28's recieved much fan-fare but the insidious "skunk-works" group came up with "one more evil twist" from the venerable 350!
The now famous LT-1

It was a killer design, almost fool proff on the street.
(Hard to float a valve w/ an over rev on a solid lifter motor!)

It scared FORD so much, they incorporated a solid-lifter 351 in the 71 BOSS Mach 1 and many purists call it the "Best BOSS ever", being so well balanced.

So yes Alan, thanks for pointing this out.
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Old 08-21-2013, 10:59 AM   #19
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Quote:
Originally Posted by super-bee_ski View Post
Yes Alan,
LT-1s were very much "missed" by the entire world!
Bib Block performance was everywhere, BOSS 302s and Z-28's recieved much fan-fare but the insidious "skunk-works" group came up with "one more evil twist" from the venerable 350!
The now famous LT-1

It was a killer design, almost fool proff on the street.
(Hard to float a valve w/ an over rev on a solid lifter motor!)

It scared FORD so much, they incorporated a solid-lifter 351 in the 71 BOSS Mach 1 and many purists call it the "Best BOSS ever", being so well balanced.

So yes Alan, thanks for pointing this out.
Love both the LT-1 and the 351, but I think the 71' wasn't called a Mach at all, but the 'Boss 351' and it was the best Boss ever! The Boss 429 had heads that flowed waay to much for the cubic inches it had (really good article in Hot Rod magazine on this, they found that the Boss 429 heads really worked well on a 500+ cubic inch engine, unlike the modest performance it had on the street, but go figure, it brings the highest prices? at auction).

The Boss 302 was bad-***, but the Boss 351 was the fastest of them all. I regret passing on a 71' Boss 351 for $6,500 a couple o' decades ago, in blue, with silver stripes... sigh....
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Old 08-21-2013, 11:22 AM   #20
oldschoolvette
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I would sell it as a Big Block car. You are going to have a fit trying to go back so if the plan is to sell then do that.

clean it up and sell it as it is. a BB bad azz car.

I would start around 32500 and leave room to wiggle not taking a penny less than 25k

Good luck
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