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Advice needed 72 LT 1

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Old Nov 25, 2014 | 06:48 AM
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Default Advice needed 72 LT 1

I'm going to look at a 72 LT 1 coupe 4spd. According to the owner it has been disassembled, frame has been restored new bushings etc. It has a 72 LT 1 replacement engine?? not sure if he means a CE block. Does the "replacement engine" make it any less valuable from a collectors stand point? What is a fair price?
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Old Nov 25, 2014 | 02:59 PM
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Originally Posted by neka09
I'm going to look at a 72 LT 1 coupe 4spd. According to the owner it has been disassembled, frame has been restored new bushings etc. It has a 72 LT 1 replacement engine?? not sure if he means a CE block. Does the "replacement engine" make it any less valuable from a collectors stand point? What is a fair price?
A non-original motor will reduce the value, even if it is a CE block. Personally, I wouldn't go forward with a disassembled, replacement engine LT-1. It might not be a real LT-1 to begin with, but you would be able to determine that when you get "eyes" on the corvette or at least have the owner send you the information needed to verify.
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Old Nov 25, 2014 | 03:23 PM
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Originally Posted by neka09
...What is a fair price?...
What is the seller asking?
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Old Nov 28, 2014 | 04:38 PM
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A 72 will have an "L" in the vin if it is a true LT-1.
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Old Nov 28, 2014 | 08:03 PM
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At least the vin will let you know if it was originally was an LT1 car.

IMO that helps some at least , well it would to me if I was buying . How much money I don't know . Depends on buyer. Depends on too on how much more original items are there trans , rear end, carb , intake etc...?

Special cars with rarer optional motors bring considerably more with their born with factory installed engine and transmission .

Without pics or at least long drawn out detailed description prices are hard to post or predict.

Each car has to be evaluated on an individual basis.

I would rather myself invest in a sure fire original drive train car in poor condition and restore it , than same money in a really nice LT1 with NOM .....but that's just me.

Last edited by LS4 PILOT; Nov 28, 2014 at 08:09 PM.
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