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How do I value a '71 LT 1 garage / survivor find

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Old 07-15-2018, 12:18 PM
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Mark6y
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Default How do I value a '71 LT 1 garage / survivor find

We want to sell a 1971 350/330 LT-1 vette. Been in family since '73. 44,000 miles
Original paint and interior. War bonnet yellow paint is showing its age. Paint has no luster and some blisters on hood. Drivers side seat and floorboard need to be redone. Passenger side is ok. Major mechanical renovation in 2007 using correct corvette parts. Awesome running car. Where do we start to value this ?
Old 07-15-2018, 12:22 PM
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Hammerhead Fred
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Originally Posted by Mark6y
We want to sell a 1971 350/330 LT-1 vette. Been in family since '73. 44,000 miles
Original paint and interior. War bonnet yellow paint is showing its age. Paint has no luster and some blisters on hood. Drivers side seat and floorboard need to be redone. Passenger side is ok. Major mechanical renovation in 2007 using correct corvette parts. Awesome running car. Where do we start to value this ?
Well we'd start with pictures....
Old 07-15-2018, 12:37 PM
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Mark6y
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car looks good from 10' away but up close paint is worn. I don't have good close ups to show age. I am out of town for two weeks so won't have better shots til then





Old 07-15-2018, 12:48 PM
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MelWff
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download a free app called Corvette DNA and check off the detailed information to get a price. The few pictures and information you have posted give a starting price of 34K.
Old 07-15-2018, 02:07 PM
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Zoomin
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I'd start at 45 and be happy with anything over 35
Old 07-15-2018, 02:57 PM
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Mark6y
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Originally Posted by Zoomin
I'd start at 45 and be happy with anything over 35
guys thank you so much. Sorry I could not provide better pictures or details we are gathering as much info about what is original on the car. When we put an add up we want prospective buyers to know exactly what they are getting for their money. I hope to have better pics soon
Old 07-16-2018, 08:27 AM
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wer2xu
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Mark,
Do you have any paperwork/documentation for the car? That is really going to help with selling the car...invoice/protecto-plate/owners manual/build sheet...even old registrations. If you can tell this cars story that will go a long way....if you have period photos with the car in it that helps too.
You said it has been in the family for since 1973...don't call this a garage/barn find. Labeling it a survivor might be a stretch...family owned since 1973 is the most accurate description and avoids you coming off as pretentious profit grabbing relatives.

Last edited by wer2xu; 07-16-2018 at 08:30 AM.
Old 07-16-2018, 08:33 AM
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fake
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Sell it private as is no problems. I would run with $25,000 cash. Other wise this could be a taxable event selling thru brokers. This is an excellent place to list with pictures of body underneath ,hood open etc Good Luck
Old 07-16-2018, 09:21 AM
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Rescue Rogers
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If you're listing it for $25k put me first in line!!!! Up here the LT1s start in the $30k range. I think it would go for at least that

Last edited by Rescue Rogers; 07-16-2018 at 09:22 AM.
Old 07-16-2018, 09:24 AM
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Those bubbles in the nose paint usually indicate rivet rust or seperation
Old 07-16-2018, 11:40 AM
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Convertible LT-1........only a few hundred ever made. As-is, I think it should bring $35k easy.

​​​​​​​<--------Then again, I'm biased.....:-)
Old 07-16-2018, 12:23 PM
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Mark6y
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Originally Posted by Chapter2
Convertible LT-1........only a few hundred ever made. As-is, I think it should bring $35k easy.

<--------Then again, I'm biased.....:-)
I have owners manual, tank sticker ( bad shape but you can read it ) and invoice from when he bought it in 73
​​​​​​​
Old 07-16-2018, 08:47 PM
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7007vette
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Which state is the car located?
Old 07-16-2018, 09:03 PM
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ed427vette
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Get a good clear picture of the engine stamp pad. Anyone interested in this car is going to want to see that. Its located at the front of the passenger side head.

Having the tank sticker is very good. If the engine, trans, rear are original than I agree with the above posters that 30-35K should be where the car will be at or close to depending on what is still original on the engine. Anyone who is interested will know painting a car will be $10k+. But if it still has most of the original (and expensive to replace) engine components like the carb, alternator, starter, etc than potential buyers will be more willing to spend more money.

​​​​​​​best of luck
Old 07-16-2018, 09:28 PM
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Mark6y
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Originally Posted by 7007vette
Which state is the car located?
car is located in Fort Pierce Florida
I have also located paperwork regarding all the work done in 2007. Work was done at Corvette Corner in Rowlett Tx.
Old 07-16-2018, 09:33 PM
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Mark6y
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[QUOTE=ed427vette;1597610252]
Get a good clear picture of the engine stamp pad. Anyone interested in this car is going to want to see that. Its located at the front of the passenger side head.

Having the tank sticker is very good. If the engine, trans, rear are original than I agree with the above posters that 30-35K should be where the car will be at or close to depending on what is still original on the engine. Anyone who is interested will know painting a car will be $10k+. But if it still has most of the original (and expensive to replace) engine components like the carb, alternator, starter, etc than potential buyers will be more willing to spend more money.

best of luck
​​​​​​​
I will get a picture of engine stamp for sure. Any other stamps I need pictures of ? Should I get pictures of undercarriage ?
Maybe local guy will put on rack for a few minutes.
Old 07-17-2018, 05:44 PM
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rickimvette
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Originally Posted by Mark6y
car looks good from 10' away but up close paint is worn. I don't have good close ups to show age. I am out of town for two weeks so won't have better shots til then





What part of Florida are you near? We are near Daytona Beach

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Old 07-17-2018, 06:04 PM
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Good luck with the sale. You came to the right place--good people here that know their stuff.
Old 07-18-2018, 08:12 AM
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Mark6y
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Originally Posted by rickimvette
What part of Florida are you near? We are near Daytona Beach
Ft Pierce
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Old 07-18-2018, 10:59 AM
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bobs77vet
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if you are serious about selling it get it professionally detailed. it may cost $300 to $500 but it will shine very nicely when done.


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