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1972 LT1 Evaluation

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Old 08-11-2012, 04:15 PM
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jrheyerly
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Default 1972 LT1 Evaluation

Is this car worth $19500? provided that the frame is not rusty.

http://corvallis.craigslist.org/cto/3172333384.html
Old 08-11-2012, 04:25 PM
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capevettes
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This car was listed in the C3 for sale section of this forum on 7/1 by "the dude". If it's an original LT-1 and the motor is original and it's not rusty, it would be worth in that ballpark. The paint sounds weak but nice LT-1's bring more money.

Certainly worth and inspection
Old 08-11-2012, 06:23 PM
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rvazquez
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that could be my cars twin!!!
I say go for it

Regards
Roy
Old 08-11-2012, 06:32 PM
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Chuck72
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Originally Posted by rvazquez
that could be my cars twin!!!
I say go for it

Regards
Roy
Yep.
I'd buy it if I had some more garage space.
That car could use some detail work and its' entire character would change.

Chuck

Old 08-11-2012, 10:29 PM
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7T1vette
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"Rusty" is a relative term. There is a big difference between 'rusty' and 'rusted out'. All 40+ year-old cars will have surface rust (unless someone has painted over it...then you need to be cautious). Heavily rusted frame and/or birdcage parts that weaken the basic structural strength of the vehicle is what you need to be concerned about.

I can tell you that, from the photo of the tail of the car, it has likely been in an accident. The C-O-R-V-E-T-T-E lettering is squeezed together way too much for factory-drilled letter locations. You should be cautious and thorough in your inspection. And, if solid documentation is not available, you should not pay any significant premium for the LT-1 option.

Last edited by 7T1vette; 08-11-2012 at 10:34 PM.
Old 08-12-2012, 02:47 AM
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jr9170
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IF i were not strapped for cash right now,i would buy this LT-1.
Old 08-12-2012, 09:55 AM
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LeMans Pete
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Originally Posted by jr9170
IF i were not strapped for cash right now,i would buy this LT-1.
From the pictures this looks like a great driver LT-1.
Old 08-12-2012, 11:11 AM
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Looks like a pretty solid car and an honest description . . absolutely worth a look.

Old 08-12-2012, 10:22 PM
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Originally Posted by 7T1vette
"Rusty" is a relative term. There is a big difference between 'rusty' and 'rusted out'. All 40+ year-old cars will have surface rust (unless someone has painted over it...then you need to be cautious). Heavily rusted frame and/or birdcage parts that weaken the basic structural strength of the vehicle is what you need to be concerned about.

I can tell you that, from the photo of the tail of the car, it has likely been in an accident. The C-O-R-V-E-T-T-E lettering is squeezed together way too much for factory-drilled letter locations. You should be cautious and thorough in your inspection. And, if solid documentation is not available, you should not pay any significant premium for the LT-1 option.

I agree that the rear lettering isn't correct. And It should also have the alarm on the rear as that became a standard feature on all '72's
Old 08-12-2012, 11:37 PM
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AF_Vette
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Originally Posted by Blu72
I agree that the rear lettering isn't correct. And It should also have the alarm on the rear as that became a standard feature on all '72's
Also it looks like the antena is moved forward.
Old 08-13-2012, 07:44 AM
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jaxlt1
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I believe that there is an aftermarket distributor and it is missing the smog system. Looks as if someone tried to touch up the engine compartment with a rattle can of black paint as well (note the wiper door vacuum cannister).

Last edited by jaxlt1; 08-13-2012 at 07:47 AM.
Old 08-13-2012, 09:19 AM
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PhilaScott
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Originally Posted by jrheyerly
Is this car worth $19500? provided that the frame is not rusty.

http://corvallis.craigslist.org/cto/3172333384.html
WHile the LT-1 is desirable, that car has no air.. plus the rear has had glass work done (no alarm key, letters too close.) Under hood has the bubba spray black out work done.. paint weak / interior needs redo.

ASSUMING trim tag matches whats on the car, feels like $15 to me, tops.
Old 08-13-2012, 01:04 PM
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Originally Posted by jrheyerly
...Is this car worth $19500?...
The owner thinks so. What do you think? Have you talked to them?

Old 08-13-2012, 01:11 PM
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And the lettering is not centered.
Old 08-13-2012, 01:34 PM
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Originally Posted by scrappy76
And the lettering is not centered.
A bit too high, too. They're supposed to be along the 'centerline' of the rear lights.

Funny...why go through all the trouble to rebuild the rear end to get the lights and all the other glass perfect, then totally screw up on placement of the letters? If a new rear 'plate' was installed, wouldn't it have the proper holes already drilled?

Or perhaps the car wasn't hit at all. Maybe someone thought it would look cool without the letters, had them removed and the holes glassed. Then a later owner tried to reinstall to these results.

A quick inspection behind the rear valence would tell the story...
Old 08-13-2012, 01:42 PM
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birdsmith
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Originally Posted by PhilaScott
WHile the LT-1 is desirable, that car has no air.. plus the rear has had glass work done (no alarm key, letters too close.) Under hood has the bubba spray black out work done.. paint weak / interior needs redo.

ASSUMING trim tag matches whats on the car, feels like $15 to me, tops.
Whatever happened to the back of that car would most likely explain the missing tank sticker. While complete, (which is a big plus) that car looks pretty rough overall. It really needs to be completely disassembled and restored, which could be $10k-$25k depending upon your facilities and ability to do things yourself. A lot of potential, but a lot of work needed to fulfill it...
Old 08-14-2012, 01:19 AM
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Guys,the man is asking 19,500,NOT119,500,geez.

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Old 08-14-2012, 08:43 AM
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Originally Posted by jr9170
Guys,the man is asking 19,500,NOT119,500,geez.
You tell us. Do you think the car is worth $19500?
Old 08-14-2012, 11:24 AM
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I am intimately familiar with this car, and am very open to answering questions, or letting you inspect the car.
Old 08-14-2012, 11:33 AM
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I will take a close up of the lettering. It doesn't look like that in person. I think that's a side effect of shrinking the picture. As far as I can tell, there isn't any accident damage. I would have noticed that when the tank was out.


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