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Lots of mods and money for 345hp. I guess its fuel injected and its certainly an improvement on the stock/carb 350 but then I could put my Tacoma's V6 in the car and would be an improvement. For the same money imagine what kind of 406 you could build or buy a ZZ6 long block for a few thousand less.
I'm a Mopar guy who believes that every American gearhead should own a Corvette at some point in life. For me it was a '96 LT4 with a six speed. The late C4 are great cars but I'm of the age that if you ask me to close my eyes and picture a Corvette it is a C3 I see. My budget is limited and I want a driver. So a 78-82 with an LS1 seems very appealing.
A few guys on here have done the swap. No idea of reliability or availability. I did observe an LS C2 get sold at Barrett Jackson that got more money than an equivalent stock car. That's N of one but it stuck in my mind.
Should be reliable if done correctly. There's lots of little parts that could cost you a lot of money if you're not careful. Personally I'd prefer (and so that's what I built) my modified sbc (stroker 383, hydraulic roller, alloy heads etc) with fuel injection and a 5 speed box (Tremec TKO600). Similar overall cost, minimal hassle, easy parts, and at the end of the day I feel that it's not an engine converted car that is likely to depreciate in value/appeal as more popular/better engine swap choices come along. BUT, no question the LS engine offers a number of advantages over a sbc, not least being weight (though alloy heads/intake/water pump do narrow the gap). I guess i like having it look 'right' under the hood, and the coil packs/fuel injection bananas etc don't provide that look for me.
P.s. I've done over 3000 miles in mine since Christmas, including nearly 1000 miles on a road trip in the past week. No dramas whatsoever.
While I cant answer about your area market pricing ,I can about driving a 1977 model with a LS1/4L60.
Way better than what I had with the original motor/auto .
I have seen a couple for sale around here and they were asking higher numbers than a standard same age car . But they also had fresh paint jobs /newer interiors etc.
Not too many people it seems who go to the trouble (and expense?) of a swap actually leave the motor standard. thus a more expensive swap ?
Is you budget a limited buying budget or a limited build budget ? if your mechanically minded and can sort out how to get an OEM computer to run by splicing it into a c3 harness , its actually quite cheap to do yourself.
I wanted the reliability and mpg increase that fuel injection has, but didn't want to spend a lot. And I like to do all the work myself. I am putting an l98 TPI in my C3. Not killer HP but I want a driver. No need to have killer speed when traffic is bumper to bumper. Engines and parts are plentiful and not all that expnsive. COmputers are pentiful and custom made engine harnesses are not that costly. Also adding a 200R4 for the overdrive and no fuss install. And it also gets controlled by the computer. That's the route I went . Actually the route I am still on...
Kanvasman, any pictures of the C3 with the l98? I have a '91 (last year for l98) and a '70 and thought that the combo of the two would make a nice cruser. C4s are dirt cheep now you could do a nice budget build.
I'm wanting a car that is done already, I just keep up the maintenance. I would not pass up a nice late L98, I'd be thrilled with an LT1 or LT4. In fact budget wise the LT1 should be what Im looking for.
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Slideshow: A Jaguar designer's personal project imagines what a modern front-engined Corvette might look like if Chevrolet revisited the golden age of the Stingray.