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1972 LT-1 price evaluation

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Old Jan 30, 2023 | 07:40 PM
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Default 1972 LT-1 price evaluation

I apologize in advance if there are too many "what's it worth" threads and I am adding another one.
Here it goes:
I have an opportunity to purchase a 13,000 mile verifies numbers matching, all original, no modification, original paint 1972 LT-1.
This is definitely a survivor with decent paint and very low verified original miles.
Has tank sticker and documentation from new.
Its a beauty.
How does one put a value on this? what would be a good ballpark offer?
Happy to help with answering questions on the car.
This would be a nice compliment to my 1969 L-89 Convertible in a nice contrasting color as a coupe.

Thank you everyone.
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Old Jan 30, 2023 | 07:47 PM
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Is it a coupe or a convertible and what color? Does it have A/C? Convertible car should go $5-7K more. High 60's or even higher once these basic questions are answered.
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Old Jan 30, 2023 | 07:48 PM
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Originally Posted by jaxlt1
Is it a coupe or a convertible and what color? Does it have A/C? Convertible car should go $5-7K more. High 60's or even higher once these basic questions are answered.
Ontario orange coupe
no A/C
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Old Jan 30, 2023 | 07:56 PM
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I have a 43,800 mile LT-1 coupe that would easily certify as a SURVIVOR ( I certified a 68 427/400 so I'm familiar what it takes to certify). Is this the Canadian car that was purchased in the states about a year ago with the dealer emblem on the rear? The car should be in the high $60K's. This sounds like a collector level car and should command a higher price to the person who really wants it.
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Old Jan 30, 2023 | 07:59 PM
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Originally Posted by jaxlt1
I have a 43,800 mile LT-1 coupe that would easily certify as a SURVIVOR ( I certified a 68 427/400 so I'm familiar what it takes to certify). Is this the Canadian car that was purchased in the states about a year ago with the dealer emblem on the rear? The car should be in the high $60K's. This sounds like a collector level car and should command a higher price to the person who really wants it.
yes, this is the one.
the figures quoted are not close to the ask
I can understand the premium for the milage, documentation, and survivor status. I am unfamiliar with this variant as I have centered my attention to my bb
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Old Jan 30, 2023 | 08:08 PM
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All indications are that the LT-1's are on the rise. Good luck, I was toying with selling mine a few times over this Winter but I decided to hang on to it.


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Old Jan 30, 2023 | 08:11 PM
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Originally Posted by jaxlt1
All indications are that the LT-1's are on the rise. Good luck, I was toying with selling mine a few times over this Winter but I decided to hang on to it.

every time I toy with the idea of selling my L-89 I come to my senses and here I am considering adding another C-3. Something about the chrome bumper c-3s that bring me back to my youth. As I get older, I want more of my youth, so having another one is inline with getting older I suppose.
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Old Jan 30, 2023 | 08:23 PM
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It will be very difficult to part with a truly documented 68-72. I've owned over 30 Corvettes in my life and it is getting very difficult to locate a car with true provenance at a reasonable price. I looked a a 71 convertible a while back. Nice car, original paint low miles but almost zero documentation. Very hard to pull the trigger on something with little to no paperwork.
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Old Jan 30, 2023 | 08:27 PM
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Originally Posted by jaxlt1
It will be very difficult to part with a truly documented 68-72. I've owned over 30 Corvettes in my life and it is getting very difficult to locate a car with true provenance at a reasonable price. I looked a a 71 convertible a while back. Nice car, original paint low miles but almost zero documentation. Very hard to pull the trigger on something with little to no paperwork.
this car is the exact opposite.
this car has everything a collector would want.
This is why it's hard to price. I go to Hagerty , recent auctions, etc.
nothing is close in regards to the ask
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Old Jan 30, 2023 | 10:45 PM
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I could imagine that with so few miles on it the seller is probably nearing six figures.

Rich
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Old Jan 30, 2023 | 11:11 PM
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Originally Posted by topcarbon
this car is the exact opposite.
this car has everything a collector would want.
This is why it's hard to price. I go to Hagerty , recent auctions, etc.
nothing is close in regards to the ask
Is there an asking price on the car? Sounds like a very nice LT1.
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Old Jan 31, 2023 | 02:16 AM
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Originally Posted by 71 Green 454
Is there an asking price on the car? Sounds like a very nice LT1.
$99k
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Old Jan 31, 2023 | 06:27 AM
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A couple of years ago LT1s seemed to be at the same level as a basic big block car in pricing.....going by that and adding in such a low mileage car this would go for a premium price to a collector, but You have to find that collector.....if the price is around $50 k i would buy it as an investment, not to drive, mainly because i dont have that kind of money. If money wasnt an issue, i would drive it and enjoy it but keep it stock and save everything that needed repair or replacement
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Old Jan 31, 2023 | 10:19 AM
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Originally Posted by topcarbon
$99k
😳😳😳
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Old Jan 31, 2023 | 10:53 AM
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Hagerty says...
A perfect #1...$79,100. #2 excellent...$60,600.

Prices are on the way down for most C3's.
Last October it was $86K for a #1, $79,100 for a #2...
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Old Jan 31, 2023 | 01:21 PM
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$99k is steep for this car, car should be bought in the 60's. If it was a 70 LT1 convertible that might be more in line. There is a really nice original 70 LT1 convertible for sale by a forum member which would seem to be a much better value than an Ontario Orange 72 LT1 for $100k. Below is the craigslist listing and he also posted it for sale on the forum a while back.

https://fortmyers.craigslist.org/col...580168052.html

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Old Jan 31, 2023 | 01:27 PM
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This 71 LT1 Convertible is still out there as well:
https://www.hemmings.com/classifieds...e/2572121.html

https://bringatrailer.com/listing/19...t-corvette-82/
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Old Jan 31, 2023 | 01:32 PM
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Agree price way too high. A '72 needs to have A/C to ring the bell.
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Old Jan 31, 2023 | 02:20 PM
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Originally Posted by DKM-106
One of the best, if not the best, 71 LT-1 Vert survivor I have seen on the market over the last few years. I'm not sure about the $130K but it's a $90-100K car all day long.
But if I was looking for an original LT-1 Vert and had a budget that could handle this car I would buy Tom's 70 LT-1 that you also posted about. I drooled over this car for a while but just could not get to his ask ...... it's a bargain for those that can.
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Old Jan 31, 2023 | 08:01 PM
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Thank you for all the responses
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