70 LT1 value
Thread Starter
Instructor
Joined: Aug 2002
Posts: 190
Likes: 9
From: MILFORD CT
70 LT1 value
Looking for opinions on the value of a 1970 LT1 coupe. The car is a nice solid driver -nom with headers/aftermarket carb etc. Sort of a hot rod. incorrect paint color, should be yellow was changed to laguna grey. I am of the opinion that with out the original LT1 engine it is just a nice 70 coupe(the fact that it was an LT1 to me has no bearing on current value to me). My guess on value is approx 18k. Just thought that I would throw this out there for discussion. Thanks
Racer
Joined: Mar 2011
Posts: 490
Likes: 99
From: The South
Check Hagerty and CorvetteDNA for value. Does it still have the LT-1 hood? That's about the only thing, aside from the tachometer that would add any additional value above a standard model. Lots of factors to take into consideration for value - especially condition.
Safety Car
Joined: Sep 2013
Posts: 4,355
Likes: 2,633
From: Draper Utah
If the paint is nice I'd say $22k to $25k. It does have the highly desirable 4 speed and it is an LT-1 to 99.9% of the population, even without the original motor, those bragging rights are worth something.
FWIW out of the hundreds of car shows I've attended and the thousands of people that have stopped and looked at my car I've only ever seen one guy check to see if it was a numbers car. YMMV
FWIW out of the hundreds of car shows I've attended and the thousands of people that have stopped and looked at my car I've only ever seen one guy check to see if it was a numbers car. YMMV
Melting Slicks
Joined: Apr 2007
Posts: 3,189
Likes: 111
From: Tolland CT
Looking for opinions on the value of a 1970 LT1 coupe. The car is a nice solid driver -nom with headers/aftermarket carb etc. Sort of a hot rod. incorrect paint color, should be yellow was changed to laguna grey. I am of the opinion that with out the original LT1 engine it is just a nice 70 coupe(the fact that it was an LT1 to me has no bearing on current value to me). My guess on value is approx 18k. Just thought that I would throw this out there for discussion. Thanks
Many who say it can never be an XXX again are speaking from the perspective of those who value ONLY originals, bought for rarity, possible investment.
Team Owner
Joined: Oct 2004
Posts: 81,241
Likes: 3,063
From: altered state
St. Jude Donor '05
its still an LT1 just buy it right....i dont buy the "incorrect" color, do you like it or not?
If it was a high $ 100 pointer I can see that but its not.
Have you looked underneath to see whats really going on with it?
If it was a high $ 100 pointer I can see that but its not.
Have you looked underneath to see whats really going on with it?
Thread Starter
Instructor
Joined: Aug 2002
Posts: 190
Likes: 9
From: MILFORD CT
70 LT1 value
There are no docs with the car but it does have the right hood,tach,data plate and the correct fuel line for a LT1. The motor is just a pass car small block. I have no reason to believe it is not an LT1. I am trying to get a grasp on it's value. The gentleman that owns it has had it since 1998 as well as a 1964 327/300 hp convertible(low option). Both cars seem to be nice solid drivers. He would like to trade both of these for my 67 327/300 convertible That I have owned since 02. My car is a no-hit super honest plain jane roadster that has had everything gone through since 07 to present. The only component that is not original to the car is the water pump. I think that my car would sell for 60-65k. Based on this limited info and assuming no frame or birdcage issues with either car does this seem like a decent trade?
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Drifting
Joined: Apr 2017
Posts: 1,377
Likes: 282
From: Bedford New York
Just my $0.02:
The "LT-1" is worth around $18k. The '64 is the red-headed step-child of the mid-year vettes. It's the hardest model year to sell. A '64 driver quality car with no options.....I'd say $40-$45k on a good day, if it's very nice. So it SEEMS like a fair trade, value-wise.
But then you're trading a fairly desirable car for two relatively undesirable cars; one is a NOM/wrong-color C3, the other is a hard-to-sell mid-year. If it were me, I'd just sell the '67, and find better cars to buy instead. Or, keep enjoying the '67.
The "LT-1" is worth around $18k. The '64 is the red-headed step-child of the mid-year vettes. It's the hardest model year to sell. A '64 driver quality car with no options.....I'd say $40-$45k on a good day, if it's very nice. So it SEEMS like a fair trade, value-wise.
But then you're trading a fairly desirable car for two relatively undesirable cars; one is a NOM/wrong-color C3, the other is a hard-to-sell mid-year. If it were me, I'd just sell the '67, and find better cars to buy instead. Or, keep enjoying the '67.
Melting Slicks
Joined: Apr 2007
Posts: 3,189
Likes: 111
From: Tolland CT
Just my $0.02:
The "LT-1" is worth around $18k. The '64 is the red-headed step-child of the mid-year vettes. It's the hardest model year to sell. A '64 driver quality car with no options.....I'd say $40-$45k on a good day, if it's very nice. So it SEEMS like a fair trade, value-wise.
But then you're trading a fairly desirable car for two relatively undesirable cars; one is a NOM/wrong-color C3, the other is a hard-to-sell mid-year. If it were me, I'd just sell the '67, and find better cars to buy instead. Or, keep enjoying the '67.
The "LT-1" is worth around $18k. The '64 is the red-headed step-child of the mid-year vettes. It's the hardest model year to sell. A '64 driver quality car with no options.....I'd say $40-$45k on a good day, if it's very nice. So it SEEMS like a fair trade, value-wise.
But then you're trading a fairly desirable car for two relatively undesirable cars; one is a NOM/wrong-color C3, the other is a hard-to-sell mid-year. If it were me, I'd just sell the '67, and find better cars to buy instead. Or, keep enjoying the '67.
Racer
Joined: Dec 2017
Posts: 355
Likes: 46
From: Chicago Suburbs Illinois
There are no docs with the car but it does have the right hood,tach,data plate and the correct fuel line for a LT1. The motor is just a pass car small block. I have no reason to believe it is not an LT1. I am trying to get a grasp on it's value. The gentleman that owns it has had it since 1998 as well as a 1964 327/300 hp convertible(low option). Both cars seem to be nice solid drivers. He would like to trade both of these for my 67 327/300 convertible That I have owned since 02. My car is a no-hit super honest plain jane roadster that has had everything gone through since 07 to present. The only component that is not original to the car is the water pump. I think that my car would sell for 60-65k. Based on this limited info and assuming no frame or birdcage issues with either car does this seem like a decent trade?
Thread Starter
Instructor
Joined: Aug 2002
Posts: 190
Likes: 9
From: MILFORD CT
70 LT1 value
Yes his name is Al and I agree with you. He and I chatted at Carlisle for quite a while,and he seems like about as nice and honest a person that you will find. He is in no way trying to mis-represent either car, it's just that iI am not sure that his 2 cars together would be worth what my 67 is worth. My thought was to trade down to a decent driver and some cash but he made the offer of 2 for 1 which I am still considering
Racer
Joined: Dec 2017
Posts: 355
Likes: 46
From: Chicago Suburbs Illinois
Yes his name is Al and I agree with you. He and I chatted at Carlisle for quite a while,and he seems like about as nice and honest a person that you will find. He is in no way trying to mis-represent either car, it's just that iI am not sure that his 2 cars together would be worth what my 67 is worth. My thought was to trade down to a decent driver and some cash but he made the offer of 2 for 1 which I am still considering
Le Mans Master
Joined: Mar 2004
Posts: 7,493
Likes: 1,502
From: Little Rock AR
The car is worth slightly more than a base engine, non-original motor Vette of that year with the same equipment, wrong paint and aftermarket mods. If I were looking at 2 identical cars but one was originally an LT-1, I might pay a little more for it. Not a lot more, but a little. I would put it back together as close as possible to its original configuration and expect it to increase in value. If the paint was nice, I would not bother with changing it back.