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185k for an Lt-1?

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Old 01-17-2019, 07:46 PM
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vettebuyer6369
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Default 185k for an Lt-1?

At Barrett just now, convertible. A/C.
Old 01-17-2019, 07:56 PM
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Redvette2
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For a 350 c.i./ 255 h.p. engine? Must have only 4 miles and it was owned by Elvis.

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Old 01-17-2019, 08:00 PM
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sullyman56
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I was at BJ yesterday and I’m sure I saw it there. IIRC it had less than 2k miles if it’s the one I’m thinking of. $185k? Wow.
Old 01-17-2019, 08:01 PM
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ZWILDZR1
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I'm live streaming and saw that. Crazy! I went back to check and they show it at $203,500.00 . Not sure what's up with that. I checked a car that was a real idiot purchase and it was at what I saw it hammer for. But yeah it was a 72 LT1 with one repaint.

Last edited by ZWILDZR1; 01-17-2019 at 08:16 PM. Reason: spell
Old 01-17-2019, 08:05 PM
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SBR
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Originally Posted by sullyman56
I was at BJ yesterday and I’m sure I saw it there. IIRC it had less than 2k miles if it’s the one I’m thinking of. $185k? Wow.
Are you sure the car at Barrett had 2K miles? I remember that 2K mike LT1 convertible and that car did not have AC. Either way, congrats to the seller.

Last edited by SBR; 01-17-2019 at 08:06 PM.
Old 01-17-2019, 08:11 PM
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jr9170
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That a huge number congrats to seller
Old 01-17-2019, 08:12 PM
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sullyman56
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Now you’ve got me wondering. You’re probably right though as the one I saw with the low mileage had the hood closed and I didn’t look that closely at the interior.
Old 01-17-2019, 08:18 PM
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DKM-106
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There was another thread started a few days ago here:
https://www.corvetteforum.com/forums...ot-1282-a.html

It sold a few years back for 125k:

Old 01-17-2019, 09:12 PM
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C3 4ME
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A friend had a 30000 mile original 72 LT1, factory A/C car, but it was also a coupe, not a convertible. Wish I could have come up with the cash to buy it when he sold it, for a fraction of what this one went for.
Old 01-17-2019, 09:59 PM
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3JsVette
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It has to make anyone who owns a '72 LT1 with A/C feel really good but does it represent a real world value or is it an anomaly?
Old 01-17-2019, 10:51 PM
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vettebuyer6369
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Originally Posted by ZWILDZR1
I'm live streaming and saw that. Crazy! I went back to check and they show it at $203,500.00 . Not sure what's up with that. I checked a car that was a real idiot purchase and it was at what I saw it hammer for. But yeah it was a 72 LT1 with one repaint.
The prices on the website include the 10% premium. I took that picture in the crowd just as it was hammered sold, so 185 is pretty close. Everybody around me was wondering what was going on.
Old 01-17-2019, 11:33 PM
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Here's the car being discussed. With listing! VIN1Z67L2S518352Exterior ColorREDInterior ColorBLACKCylinders8Engine Size350CITransmission4-SPEED MANUAL
Description
Lot #802 - This 1972 Corvette LT1 A/C convertible is powered by its original, matching-numbers LT1 350ci engine mated to a 4-speed manual transmission and is equipped with factory air conditioning. This car was originally delivered to Herb Hallman Chevrolet in Reno, NV. It has its intact A.I.R. System and is highly optioned from the factory with power steering, power brakes, power windows, deluxe black leather interior, hardtop with a black vinyl soft-top, tilt and telescopic steering, AM/FM radio and RWL tires. Finished in Mille Miglia Red, this vehicle is in good overall condition with a rust-free frame and bird cage. It has received one repaint.
Old 01-18-2019, 07:07 AM
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That’s incredible! Wish my car had AC! Haha. Good to see that these special chrome bumper cars are capturing the eyes of enthusiasts.
Old 01-18-2019, 09:39 AM
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toylman
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There was 1741 LT1 optioned Corvettes in 1972. Using extrapolation, probably around 400 of those that were convertibles. A/C was introduced in the later part of production, probably around March or April, so there was probably around 100-200 A/C roadsters (maybe much less). Bottom line, a 1972 A/C LT1 roadster is a very low production, rare car.
Here is a very nice one. I looked it over when I was there looking to buy another car. It's a real car that needs some items, but worth owning. On consignment at Shelton by a local owner. Owners of Shelton are honest.
https://www.sheltonclassics.com/vehi...-corvette-lt-1
Old 01-18-2019, 11:13 AM
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kenba
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Hope the bidders didn't think they were buying the 2000 MI Ed Foss one. My 70 LT-1 sold 3 years ago for 71,500.00 with the buyers 10%. It was origional paint & interior with 19000 MI but has the frame restored & exhaust ETC replaced due to bad storage as it was a Michigan car.
Old 01-18-2019, 11:13 AM
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Originally Posted by toylman
There was 1741 LT1 optioned Corvettes in 1972. Using extrapolation, probably around 400 of those that were convertibles. A/C was introduced in the later part of production, probably around March or April, so there was probably around 100-200 A/C roadsters (maybe much less). Bottom line, a 1972 A/C LT1 roadster is a very low production, rare car.
Here is a very nice one. I looked it over when I was there looking to buy another car. It's a real car that needs some items, but worth owning. On consignment at Shelton by a local owner. Owners of Shelton are honest.
https://www.sheltonclassics.com/vehi...-corvette-lt-1
^^ beautiful car!
Old 01-18-2019, 11:37 AM
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resdoggie
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Originally Posted by Vettebuyer6369


The prices on the website include the 10% premium. I took that picture in the crowd just as it was hammered sold, so 185 is pretty close. Everybody around me was wondering what was going on.
In the buying mood?

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Old 01-18-2019, 12:05 PM
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I suspect that the buyer had too many free beverages, or thought he was bidding on the former Ed Foss car.
This one that sold yesterday (Thursday) has issues under the hood as well as with paint and interior. No mileage or awards indicated in the ad or anywhere else. There is nothing to suggest it deserves the selling price when compared to other similar cars.
The seller is hopefully the happiest person in Scottsdale right now.

Ed's former car has yet to be sold.
Old 01-18-2019, 12:23 PM
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DKM-106
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That is crazy! I thought it was Ed's car at first but that car isn't as nice
Old 01-18-2019, 12:42 PM
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DKM-106
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So something isn't adding up here.....https://classiccars.com/listings/vie...eld-ohio-45503 Also, it looks like the engine is blue vs orange by the water pump and nothing is mentioned about being a numbers matching car in the old add....


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