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Question: LT-4 over LT-1 premium?

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Old 06-02-2003, 04:33 PM
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tobijohn
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Default Question: LT-4 over LT-1 premium?

All other things between the cars being equal, what would/does the premium for an LT-4 Vette over an LT-1 Vette seem to be? Hypothetically or otherwise. Thanks....
Old 06-02-2003, 04:54 PM
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Mr Mojo
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Default Re: Question: LT-4 over LT-1 premium? (tobijohn)

I assume you mean in value?

LT4 cars seem to get more $$ in the For Sale sections since they are a fairly rare breed.
Old 06-02-2003, 05:03 PM
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Default Re: Question: LT-4 over LT-1 premium? (Mr Mojo)

From what I've seen here, I think the premium is about $2-4K, all other things being equal.
Old 06-02-2003, 05:04 PM
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Default Re: Question: LT-4 over LT-1 premium? (Mr Mojo)

Yes, that's exactly what I meant. How much more should/are LT-4s priced over LT-1s with all other factors between the two being equal? I guess this only applies to the 1996 model year as that was the only year the LT-4 was available...
Old 06-02-2003, 06:51 PM
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Default Re: Question: LT-4 over LT-1 premium? (Hurricane_777)

From what I've seen here, I think the premium is about $2-4K, all other things being equal.
:iagree: more towards the 4 than the 2
Old 06-02-2003, 07:06 PM
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Default Re: Question: LT-4 over LT-1 premium? (Hurricane_777)

From what I've seen here, I think the premium is about $2-4K, all other things being equal.
:iagree: However, consider that for a CE and especially a Grand Sport this difference "could" be higher.

Old 06-02-2003, 09:02 PM
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Default Re: Question: LT-4 over LT-1 premium? (tobijohn)

Two years ago when I bought the premium was $5000 over a good LT1. It seemed to be consistent over time on Autotrader.
Old 06-02-2003, 10:06 PM
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Default Re: Question: LT-4 over LT-1 premium? (tobijohn)

Don't forget, unless you're willing to compare a '96 to a '95(or older), you'll have to compare the LT4 6-speed to an LT1 automatic. That may or may not influence the pricing difference....

From what I've heard on this forum, the main advantage of the LT4 is in "braggin' rights". :eek:

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Old 06-03-2003, 12:29 AM
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Default Re: Question: LT-4 over LT-1 premium? (rocco16)

There is a nice shot of horsepower (around 30) in that LT4 that goes above and beyond my LT1. There is no debate about that. I think LT4's keep up with the earlier LS1's pretty well. Personally, if anything happened to my '93 I would gladly shell out an extra $3-$4000 for a really nice LT4 car. The LT1 can be pretty easily modded to outrun a stock LT4, but those extra ponies installed at Bowling Green will always make them a collector's choice.
Old 06-03-2003, 10:48 AM
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Default Re: Question: LT-4 over LT-1 premium? (ljohn51)

Thanks for the feedback. What easy modifications would you recommend to the LT-1 that would make it capable of outrunning a stock LT-4?
Thanks
Old 06-03-2003, 10:52 AM
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Default Re: Question: LT-4 over LT-1 premium? (tobijohn)

Thanks for the feedback. What easy modifications would you recommend to the LT-1 that would make it capable of outrunning a stock LT-4?
Thanks
I think you might have some trouble uncorking enough HP with simple bolt ons. Of course I'm a bit biased. :D
Old 06-03-2003, 10:58 AM
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Default Re: Question: LT-4 over LT-1 premium? (Hurricane_777)

I think you might have some trouble uncorking enough HP with simple bolt ons. Of course I'm a bit biased. :D
:withstupid: THe LT4 has an aura about it. Can't buy that. :D
Old 06-03-2003, 01:26 PM
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Default Re: Question: LT-4 over LT-1 premium? (96LT4)

:withstupid: THe LT4 has an aura about it. Can't buy that. :D
:iagree: The LT4 is a very strong engine. I've raced my friends '94 LT1 and it just doesnt have a chance, anytime. In the corners, in the straights, it comes out on top all the time. That 30 hp isnt much but it has the broader RPM range too which helps alot. Just my experience so far, and my 2 cents.
:cheers:
Old 06-03-2003, 03:25 PM
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Default Re: Question: LT-4 over LT-1 premium? (96CollectorLT4)

Well said by fellow LT4ian. :D :cheers:
Old 06-03-2003, 11:12 PM
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Default Re: Question: LT-4 over LT-1 premium? (96LT4)

Never raced a lt-4 with my lt-1 but i bet mojo in his lt-1 has had a few for breakfast :chevy
Old 06-04-2003, 04:17 AM
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Default Re: Question: LT-4 over LT-1 premium? (tobijohn)

Very interesting question...

I considered trading my 96 LT1 for a 96 LT4 car a little while back... Now my LT1 is in near perfect condition and it was at a Corvette specialty dealer...

They wanted to give me $15K for my extremely clean 68K mile LT1 and charge me $23K for a nowhere near as clean condition, less optioned, 73K mile, LT4 CE...

At this rate I'm either going to private sell my LT1 car and get a 96 LT4, or 95 LT1/6spd, or hold out for the ZR1... Either way, I gotta have a 6spd in my future now that I'm not daily driving my Vette...

Some of the dealers out there are pretty rediculous in their pricing of beat up LT4 cars, even private sales seem a bit high when you look at condition or mileage...

I figure about $3000 on average should be the price difference, and to me that's high on an 8 model year old car...
Old 06-04-2003, 11:02 AM
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Default Re: Question: LT-4 over LT-1 premium? (tobijohn)

Thanks,all, for the input. While the consensus of the forum responses seems to be that the 96 LT-4/LT-1 premium should be or is anywhere from $2K-$4K, it's intersting to note that the three pricing references I checked (NADA, Kelly and Edmund's) have it as anywhere from $750-$1500. I guess that means that there's a $1250-$2500 difference between the theoretical and reality...

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