1970 LT1 370hp engine value?
I am selling a 1963 Studebaker Avanti with a Chevy 350. I believe it is a 1970 LT1. I have come across information that indicates this engine might be valuable to Corvette restorers. I was wondering if members of this forum would be able to provide insight into its value. If it is of sufficient value I would sell it separately from the car. The Holley carburetor list number is 4555, engine block number 3970010, it has an Edelbrock intake manifold. I was told the engine was from a 1970 Camaro and was put into my vehicle when it had 30,000 miles in the 1970's. It also has wheels I believe were offered on the Camaro (Kelsey Hayes Stripper). I purchased the vehicle in Pennsylvania in the mid 1990's. I have put about 37,000 miles on the car and engine. I am not sure how many miles were put on the car between the time the engine was installed and the time I purchased it. But the engine is a screamer. Thank you in advance for any assistance.
LT1 Avanti
Last edited by LT1 Avanti; Jun 9, 2012 at 02:26 PM.

The block casting number you've quoted was used in just about every GM car and truck built in the '70s and early 80s. There's a bazillion of them around.
Check the engine pad. I believe for camaros the engine suffux for LT1 was CTB and CTC. For corvettes it is CTK, CTU or CTV. If it has the VIN, the 2nd digit is a 2 (for camaro, 9 for corvette), the 3rd is a 4 (for V8) and the 6th should be a 0 for 1970. Post some pictures as well, especially of the engine pad and the carb.
The Best of Corvette for Corvette Enthusiasts
LT1 is used pretty loosely,does yours have all the LT1 goodies inside ?
Note- I just sold an over the counter LT1 (73 date code)with angle plug heads for $500,I thought it should have brought more.
The engine described below is the one I believe I have. It has the rams' horn exhaust manifolds, the 780 Holley (I have an Edelbrock on it right now), the aluminum intake, and ribbed aluminum valve covers. I will add a few photos and look up the numbers mentioned. If it needs to be matched to the car I should post a thread on the Camaro forum. If it is worth little it is best left where it is because it gives the Avanti the kind of performance it had originally with its supercharged motor.
"The LT-1 was the ultimate 350 cu in V8, becoming available in 1970. It used solid lifters, 11:1 compression, the '178' high-performance camshaft, and a 780 CFM Holley four-barrel carburetor on a special aluminum intake, with rams' horn exhaust manifolds in the Chevrolet Corvette, Delco transistor ignition and a low-restriction exhaust factory rated at 370*bhp in early Corvette sales literature, but actually only sold as 360*bhp version at 6000 rpm and 380*lb-ft at 4000[7] (the NHRA rated it at 425*hp for classification purposes). Redline was 6500 rpm but power fell off significantly past 6200 rpm. The LT-1 was available in the Corvette, Corvette ZR-1, and Camaro Z28." Wiki
There are photos on its website:http://1963avanti4sale.weebly.com/
Thanks again for the input.
The engine described below is the one I believe I have. It has the rams' horn exhaust manifolds, the 780 Holley (I have an Edelbrock on it right now), the aluminum intake, and ribbed aluminum valve covers. I will add a few photos and look up the numbers mentioned. If it needs to be matched to the car I should post a thread on the Camaro forum. If it is worth little it is best left where it is because it gives the Avanti the kind of performance it had originally with its supercharged motor.
But, if some of the components are correct for either Corvette or Camaro LT-1 cars, you may be able to get some decent money for them (carb, crank, rods, etc.).
Information I have so far shows the Holley 4555 used on the 1970 LT1 Z28 Camaro with a manual transmission. In 1971 they switched to the 4801. I thought it was a 1971 because that is what I remembered the previous owner telling me 17 years ago. I am not too sure he remembered. He had more than a dozen cars in a two story barn with a bridge connecting the second story to a hillside.
I will have a chance tonight or tomorrow to inspect the engine for its code: "Small Block Chevy: Machined pad in front of the passenger side cylinder head. Often hidden by the alternator." And that may solve any mystery. The engine is in good shape and very strong. Obviously I do not have much experience with engines. I purchased the car because of the design of the car and in spite of the non Studebaker engine, though it has impressed me. If the most money the engine could bring is $1000 or $2000 it devalues the car too much to remove it. If the codes confirm the engine as a 1970 LT1 with 360 hp it does give an additional selling point.
The center swivelling roadlight was something added by the previous owner.... as was the message panel on the back.
The previous owner seemed to use quality components. The mirrors I was treating like throw away chrome from a Vega turned out to be Talbot green dots used on Mercedes and Porsche.
The parts I would pay more money for over another sbc part are - ignition system including dist, coil and amp, the right numbered alternator is fairly valuable, heads if they are real LT-1 with a 70 date code, the right coded intake (not the aftermarket many think is an LT-1) the proper coded crank (if it has never been ground) a good set of original rods and pistons - good meaning slightly or never used.
I have a 70 LT-1 car so it has been a fun and worthwhile project for me but I can't see why anyone would ever go to the trouble and the expense if they didn't have the right car to put it into. You can build a much better engine for less money so your market is fairly limited. A real LT-1 complete engine with 100% of the right original parts that needed a rebuild would be worth around $3k-$4k to someone that needed it. If you have any of the hard to get items and they are 70 LT-1 I would be interested in them that way you could keep the base motor and switch out certain parts but it probably wouldn't be worth the trouble.
Thinking of putting the original connecting rods on ebay
you see these engines for sale on ebay lots of time, but rarely do all the numbers and date codes line up and rarely does a 40 year old engine have it's same internals.
you can build or buy a crate that has better technology, more horsepower and is usually the best economical decision to make when you take all the other considerations.
the engine is just a used 350 that if I bought it, would cost me hundreds to ship and who knows what the clearances are to just slap the thing in my car. it most likely would have to be rebuilt. and by the OP's posts, doesn't know what or if he has anything.
there are several 'LS6' blocks on EBAY with mismatched date codes and old stampings that would achieve nothing for one's claim or originality when one looks close enough.
unless you want to find a stamping guy with the correct broacher and stamping fonts and knowledge of correct date ranges that can do your car right. that will cost you 4 figures in addition to the shipping ( to you, then back and forth to the stamper ) and the cost of the engine itself. then you are getting into a ethical argument.
it is a used 350 that probably needs rebuilt, I would not pay much, hardly worth the shipping.























