1970 LT1 T-Top
Thread Starter
4th Gear
Joined: Mar 2011
Posts: 4
Likes: 0
1970 LT1 T-Top
I inherited a 1970 LT-1 4-speed vette with t-Tops. It hasent ran in about 20 plus years. When he parked it it had a flat tire. I know I wish he would have kept it running but he didn't. The car is numbers matching all the way down to the carb. He did add power steering. The point of this post is I need to sell it. I have a Chevelle of my own and also he had a 1970 440ci six pack Challenger with a shaker hood. I have more sentimental memory's to this car because he was the original owner. I remember ridding in the back as a kid. So what do you think it's worth? I was thinking around 8-10K.
Safety Car
Joined: May 2008
Posts: 3,751
Likes: 720
From: Lafayette Louisiana
Congratulations on inheriting a LT-1!
If it were me, I would get somebody knowledgeable to check it out before you decide on a price.
For example, if it only needs a carb rebuild and tires, that would be good to know and you would price accordingly.
On the other hand, if the frame is rusted out, you have a whole different ball game.
Check ebay, and other sources to get an idea of what others are asking before you decide on an asking price.
IMHO, A LT-1 project with a decent frame might go for 8 to 10. A running LT-1 in decent shape would easily be double that. A 70 LT-1 is worth more generally speaking all else being equal than the 71 and 72 LT-1 too.
Hope this helps.
For example, if it only needs a carb rebuild and tires, that would be good to know and you would price accordingly.
On the other hand, if the frame is rusted out, you have a whole different ball game.
Check ebay, and other sources to get an idea of what others are asking before you decide on an asking price.
IMHO, A LT-1 project with a decent frame might go for 8 to 10. A running LT-1 in decent shape would easily be double that. A 70 LT-1 is worth more generally speaking all else being equal than the 71 and 72 LT-1 too.
Hope this helps.
Last edited by 20mercury; Mar 22, 2013 at 12:48 AM.
Thread Starter
4th Gear
Joined: Mar 2011
Posts: 4
Likes: 0
I'll try and post pictures when I can get the car uncovered. It is all there and the seats were recovered in new leather. The chrome is still really good the paint it dull but the body didn't have any checking in it. Unfortunately both outer door handles are broken. I rebuilt the carb 15 years ago and got it running. But he never drove it.
Thread Starter
4th Gear
Joined: Mar 2011
Posts: 4
Likes: 0
If it were me, I would get somebody knowledgeable to check it out before you decide on a price.
For example, if it only needs a carb rebuild and tires, that would be good to know and you would price accordingly.
On the other hand, if the frame is rusted out, you have a whole different ball game.
Check ebay, and other sources to get an idea of what others are asking before you decide on an asking price.
IMHO, A LT-1 project with a decent frame might go for 8 to 10. A running LT-1 in decent shape would easily be double that. A 70 LT-1 is worth more generally speaking all else being equal than the 71 and 72 LT-1 too.
Hope this helps.
For example, if it only needs a carb rebuild and tires, that would be good to know and you would price accordingly.
On the other hand, if the frame is rusted out, you have a whole different ball game.
Check ebay, and other sources to get an idea of what others are asking before you decide on an asking price.
IMHO, A LT-1 project with a decent frame might go for 8 to 10. A running LT-1 in decent shape would easily be double that. A 70 LT-1 is worth more generally speaking all else being equal than the 71 and 72 LT-1 too.
Hope this helps.
Drifting
Joined: Jun 2007
Posts: 1,692
Likes: 157
From: Miami, FL
I would be interested. Too bad it's not a convertible but I might make and exception for LT1. 70 is the year to have. What color? Mileage?
There are a few on ebay recently and not selling. This particular model was hyped a lot the past 5 yrs or so. People think they have the holy grail. It is a very desirable model if well documented. I've been watching a few of these.
There are a few on ebay recently and not selling. This particular model was hyped a lot the past 5 yrs or so. People think they have the holy grail. It is a very desirable model if well documented. I've been watching a few of these.
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Melting Slicks
Joined: Jan 2010
Posts: 2,416
Likes: 8
From: Charlotte (Area) North Carolina
St. Jude Donor '11-'12-'13-'14
NCM Sinkhole Donor
Post pictures when you can. Post pictures of the Challenger too, would love to see it!
Last edited by Ret.Horsecop13; Mar 22, 2013 at 06:30 AM.
iagree:
Pro
Joined: Jul 2009
Posts: 557
Likes: 15
From: Royal Oak Michigan
Have a look at this thread. It is from when I bought my 70 LT1 in September of 2011. There might be some useful info for you.
http://forums.corvetteforum.com/c3-g...-1-rescue.html
http://forums.corvetteforum.com/c3-g...-1-rescue.html
Melting Slicks
Joined: May 2006
Posts: 3,303
Likes: 14
From: Lynn MA
Look at the big picture before you do anything.....will you regret selling this? can you store it for now, even a year or two until Chevelle is done?
These cars are going up in value, maybe it has slowed due to the economy but will continue to do so, plus you have the sentimental value to consider....I am sure we could all use the 8, 10 grand or whatever, but you may regret it.
If you do go to sell, having it running and driving will make a HUGE difference, so maybe do that, drive it some, see what you want to do.
Was it your dads? relatives? sorry to hear you lost someone, nice they thought of you to pass it on to.
These cars are going up in value, maybe it has slowed due to the economy but will continue to do so, plus you have the sentimental value to consider....I am sure we could all use the 8, 10 grand or whatever, but you may regret it.
If you do go to sell, having it running and driving will make a HUGE difference, so maybe do that, drive it some, see what you want to do.
Was it your dads? relatives? sorry to hear you lost someone, nice they thought of you to pass it on to.
Safety Car
Joined: Sep 2007
Posts: 4,458
Likes: 331
From: Indy Indiana
a running, rolling, stopping LT1 will sell for a lot more than what it will in it's current condition.. unless you can find a buyer that has his eyes glaze over when you use the term 'barn find'.. spend a weekend and grand on it and you will get 5K more...
but do this only after to get the 'rust' question answered.
but do this only after to get the 'rust' question answered.
Thread Starter
4th Gear
Joined: Mar 2011
Posts: 4
Likes: 0
Look at the big picture before you do anything.....will you regret selling this? can you store it for now, even a year or two until Chevelle is done?
These cars are going up in value, maybe it has slowed due to the economy but will continue to do so, plus you have the sentimental value to consider....I am sure we could all use the 8, 10 grand or whatever, but you may regret it.
If you do go to sell, having it running and driving will make a HUGE difference, so maybe do that, drive it some, see what you want to do.
Was it your dads? relatives? sorry to hear you lost someone, nice they thought of you to pass it on to.
These cars are going up in value, maybe it has slowed due to the economy but will continue to do so, plus you have the sentimental value to consider....I am sure we could all use the 8, 10 grand or whatever, but you may regret it.
If you do go to sell, having it running and driving will make a HUGE difference, so maybe do that, drive it some, see what you want to do.
Was it your dads? relatives? sorry to hear you lost someone, nice they thought of you to pass it on to.