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What kind of $$$ difference can I expect to pay for a car that has a CE replacement block, instead of the original?
Here is the deal, I am looking at a '70 LT-1, but it has a CE block. There is no paperwork from the warranty, and really not much paperwork at all. This is an original LT-1, but having a replacement block, how does affect the current price as well as the future market value??
I know these cars are out there, just finding a good one is becoming difficult!!!!!
Hey Chuck,
What kind of documentation comes with the car to show it was an original LT-1 car? If you have, say the tank sticker, the CE will lower the price a bit but not kill it, It's still a true LT-1 car and there were only about 1,200 of them in '70. If there is nothing to show it was ever a true LT-1 car, except the story that goes with it, most buyers may look at the car as just another NOM Vette.
Either way, the actual amount of $$$ it will drop with the CE block is academic. In other words, it will make a lot of difference to some buyers while it may not make any difference to others.
Best,
Greg
I haven't inspected the car yet, but the tank sticker is supposed to be intact. I'm not real sure how legible it is. It has the proper single fuel line, big block side yokes, copper/brass radiator, plastic shroud and M-21 transmission. I will be doing quite a bit more research on this car, just wondering about the CE block.
Well, if the car is in very nice condition, needing nothing, I would say missing an original LT-1 engine could be a $5k hit.
If the car is in need of some resto work and could be bought right, it would be an excellent candidate for a correct numbers block to be re-installed.
You will certainly get two camps of thought on this issue but for the rarity of the car I would do it.
Best,
Greg
The model you have selected is the most desireable of the three years, '70 to '72 as far as small block optioned 'vettes. The LT-1 engine IS the heart of that option, with out it intact, you lose a lot of the cars appeal and value monetarily wise. If some of the unique components that make up the LT-1 engine package are still there, such as 800 cfm carburetor (GM's rating), aluminum high rise intake manifold, unique heads with larger valves, push rod guide plates, screw in rocker arm studs, magnetic pulse transistorized ignition system...then you still have some value, otherwise my guess would be 50% of the value is lost in comparison to a correct, original car.
Wouldnt the Vin number be traceable to indicate it was an LT1 car? I have a 70 LT1 that I am the 3rd owner of and I grew up 3 houses down from the Original owner in the 70's so I know the car is an original.
The tank sticker was so deteriorated I could not read anything off of it.
How would someone authenticate such a car?
Dip51,
The model you have selected is the most desireable of the three years, '70 to '72 as far as small block optioned 'vettes.
Please explain why. I picked '72 because it's the only year LT-1 that can be verified by the VIN number. The LT-1 engine in 71 and 72 were almost identical and production numbers were lower in 72. Remember, the horsepower number in 72 was lower only because the standard rating changed from SAE gross (330 for LT-1) to SAE net (255 for LT-1).
Last edited by SharkAttack; Apr 12, 2007 at 10:24 PM.
Because '70 is also a short run model year which makes it rarer and there were only about 1,200 LT-1's that year. Simple arithmetic dictates the '70 as the most desirable LT-1.
If you look at the prices the 70 LT-1 is always higher and sought after by collectors.The 71-72 are also great LT-1's,but the fact is the 70 is more desirable mainly for the 370 hp rating.
The model you have selected is the most desireable of the three years, '70 to '72 as far as small block optioned 'vettes. The LT-1 engine IS the heart of that option, with out it intact, you lose a lot of the cars appeal and value monetarily wise. If some of the unique components that make up the LT-1 engine package are still there, such as 800 cfm carburetor (GM's rating), aluminum high rise intake manifold, unique heads with larger valves, push rod guide plates, screw in rocker arm studs, magnetic pulse transistorized ignition system...then you still have some value, otherwise my guess would be 50% of the value is lost in comparison to a correct, original car.
Even if this car proves to be a bona fide LT-1, the CE block adds nothing over any other NOM possibility.
Anybody could have installed this engine, no telling when or what's inside it. Could have been a warranty replacement for a low HP pickup truck.........
...Here is the deal, I am looking at a '70 LT-1, but it has a CE block...
Any Corvette with a replacement engine loses value over one with an original engine. An LT-1 without the LT-1 is no longer and LT-1. It was once, but it isn't now. The CE block indicates only that the original engine was replaced under warranty.
... There is no paperwork from the warranty, and really not much paperwork at all...
Careful here. Without actual documentation, you've got no way to prove the authenticity of the car.
...This is an original LT-1...
How do you know that? A replacement block, no paperwork. Be aware there are probably more LT-1s out there now than ever left St. Louis. I would go very, very slowly on this car. Do your homework before you write the check.
Documents go a long way in the muscle car world. I’m not sure why a documented Vette would take a 50% hit that seems excessive. If you go by the book and recent sales these cars have values of mid 20s to 50k plus. Wow a 50% hit of those numbers, It wouldn’t take a fraction of those big dollars to make it correct. (or maybe a fake) I believe a correct repair (CE block) casting numbers etc is acceptable in judging.
A CE block is usally dated after the vette was built so for numbers judging it would not be worth much. The tank stickers are hard to match to the car in 70 as their was on vin on the sticker.
A CE block is usally dated after the vette was built so for numbers judging it would not be worth much. The tank stickers are hard to match to the car in 70 as their was on vin on the sticker.
True CE blocks are built after the build date but I believe there is such a minor deduction if all else is correct that it really doesn’t mater much. Some people (like me) consider matching numbers to mean all the right components (blocks, heads, manifolds,...). Not just the stamp pad.
Tank stickers are not the only way to validate a Vette. Canadian cars have an archive of records that are available for a fee. Can’t fake that!
Please explain why. I picked '72 because it's the only year LT-1 that can be verified by the VIN number. The LT-1 engine in 71 and 72 were almost identical and production numbers were lower in 72. Remember, the horsepower number in 72 was lower only because the standard rating changed from SAE gross (330 for LT-1) to SAE net (255 for LT-1).
SharkAttack,
From the standpoint that all 1972 Corvettes can be identified from the vin plate as to what engine was installed at the factory, that indeed would make this year very desireable. However, any '70 or '71 that has it's original window invoice, protect-o-plate warranty pamphlet, dealer sales invoice would have proof of this engine option as well. Most '71's would also have this proof with the Corvette Order Copy sheet also, however this sheet would not be proof for '70.
Actually the '72 LT-1 engine is not as strong as the '71. The timing specs were re-adjusted again to 4 BTDC, the carburetor was recalibrated and the loss of magnetic pulse transistorized ignition giving it 255hp net as opposed to 275hp net for '71.
The CE block indicates only that the original engine was replaced under warranty.
Not necessarily! The original engine might have been removed for any number of reasons at any time. There's no proof that the CE engine in the car now was a direct replacement under GM warranty. Could have been swapped last week for all we know.
I would go very, very slowly on this car. Do your homework before you write the check.
I intend to do just that. I was curious to find out about the CE blocks. If the car had warranty work documented, would that make it a little more authentic in a collectors eyes?? (or mine )
Does anyone know what the problem was with these engines back in the day?? There are an awful lot of replacement blocks out there!!!