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Advice needed 72 LT 1

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Old 11-25-2014, 06:48 AM
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neka09
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Default Advice needed 72 LT 1

I'm going to look at a 72 LT 1 coupe 4spd. According to the owner it has been disassembled, frame has been restored new bushings etc. It has a 72 LT 1 replacement engine?? not sure if he means a CE block. Does the "replacement engine" make it any less valuable from a collectors stand point? What is a fair price?
Old 11-25-2014, 02:59 PM
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Swimtexan
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Originally Posted by neka09
I'm going to look at a 72 LT 1 coupe 4spd. According to the owner it has been disassembled, frame has been restored new bushings etc. It has a 72 LT 1 replacement engine?? not sure if he means a CE block. Does the "replacement engine" make it any less valuable from a collectors stand point? What is a fair price?
A non-original motor will reduce the value, even if it is a CE block. Personally, I wouldn't go forward with a disassembled, replacement engine LT-1. It might not be a real LT-1 to begin with, but you would be able to determine that when you get "eyes" on the corvette or at least have the owner send you the information needed to verify.
Old 11-25-2014, 03:23 PM
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Easy Mike
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Originally Posted by neka09
...What is a fair price?...
What is the seller asking?
Old 11-28-2014, 04:38 PM
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62corvette
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A 72 will have an "L" in the vin if it is a true LT-1.
Old 11-28-2014, 08:03 PM
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LS4 PILOT
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At least the vin will let you know if it was originally was an LT1 car.

IMO that helps some at least , well it would to me if I was buying . How much money I don't know . Depends on buyer. Depends on too on how much more original items are there trans , rear end, carb , intake etc...?

Special cars with rarer optional motors bring considerably more with their born with factory installed engine and transmission .

Without pics or at least long drawn out detailed description prices are hard to post or predict.

Each car has to be evaluated on an individual basis.

I would rather myself invest in a sure fire original drive train car in poor condition and restore it , than same money in a really nice LT1 with NOM .....but that's just me.

Last edited by LS4 PILOT; 11-28-2014 at 08:09 PM.

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