1970 lt-1

[LIRacer]

I am looking to add a new car to the collection. I found a well restored, highly optioned LT-1. THe owner is looking for Mid $40s. Seems high to me.

 

[JJS]

If it's in REALLY nice condition, I would say that's a VERY reasonable price.
I sold my '71 LT-1 coupe for similar ( a "bit" lower than that - $40K) last spring - mine was in outstanding condition but the 1970 LT-1 will command more $$ if it's in pristine condition.

 

[6880 Mike]

...Seems high to me...

If so, keep looking. Don't be surprised if you find yourself coming back to this car.

 

[xfirez51]

The last high compression, solid lifter SBC? 40k? Sounds reasonable to me.

 

[mr.beachcomber]

Time to do your homework and due diligence. There are too many counterfeit 70 LT-1's out there. Does the current owner has legible copies of the original tank stickers, does the frame stamp match the VIN tag, has anyone ever submitted this vehicle to an NCRS inspection, do the date tags on the individual components point towards authenticity or just throw-on-the-correct-part-regardless-of- date-code type of restoration, etc.

Mid $40's isn't too bad for an authentic, restored vehicle; however, I would make sure everything is kosher before plopping down my money.

Good luck!

 

[6880 Mike]

...There are too many counterfeit 70 LT-1's out there...

I agree there a probably some fakes, but not likely to be as many as people think.

...does the frame stamp match the VIN tag...

Possibly not important since that would only verify the frame.

...has anyone ever submitted this vehicle to an NCRS inspection...

Not a deal breaker if the car has no NCRS record.

...I would make sure everything is kosher before plopping down my money...

Roger that.

 

[SVO]

1970, due to the UAW labor strike at GM, was a low production year. That plus the LT-1 being a low production option of 1970, makes it a combo not commonly seen. If the car is highly optioned, I would expect to see most of the options to be in the interior, like leather interior, TiltnTele, power windows. Probably the most unique feature for a '70 LT-1 would the the transistor ignition system. Other items to check for would be a single fuel line on the passenger side frame rail with no tank return line, and a big block "type A" rear differential. One option you should not see is power steering, as there would be a interference between the slave cylinder and the big oil pan used on the LT-1.

$40's wouldn't be out of line for a nice LT-1. A convertible would make it a plus.

 

[LIRacer]

1970, due to the UAW labor strike at GM, was a low production year. That plus the LT-1 being a low production option of 1970, makes it a combo not commonly seen. If the car is highly optioned, I would expect to see most of the options to be in the interior, like leather interior, TiltnTele, power windows. Probably the most unique feature for a '70 LT-1 would the the transistor ignition system. Other items to check for would be a single fuel line on the passenger side frame rail with no tank return line, and a big block "type A" rear differential. One option you should not see is power steering, as there would be a interference between the slave cylinder and the big oil pan used on the LT-1.

$40's wouldn't be out of line for a nice LT-1. A convertible would make it a plus.

It has a single fuel line that splits to feed both sides of the double pumper. It does not have PS.

 

[JohnZ]

It has a single fuel line that splits to feed both sides of the double pumper. It does not have PS.

It's not a double-pumper; the original carb was a dual-feed vacuum-secondary LIST 4555 with center-hung float bowls and a single pump.

 

[SVO]

The single fuel line I was referring to is the line that runs from the gas tank to the fuel pump. The stock LT-1 fuel line from the fuel pump to the carb ran to a brass block which then had two separate lines that fed the front and rear bowls on the Holley. As noted by JohnZ, the stock Holley used on the LT-1 was a vacuum secondary carb, not a double pumper. If it has a DP, then it isn't the original carb. Even if it does have a vacuum secondary carb, then the numbers on the air horn need to be checked to determine originality. Which applies to the rest of the car.

 

[ZZ1-70 LT4-96]

LT-1 power steering

1970, due to the UAW labor strike at GM, was a low production year. That plus the LT-1 being a low production option of 1970, makes it a combo not commonly seen. If the car is highly optioned, I would expect to see most of the options to be in the interior, like leather interior, TiltnTele, power windows. Probably the most unique feature for a '70 LT-1 would the the transistor ignition system. Other items to check for would be a single fuel line on the passenger side frame rail with no tank return line, and a big block "type A" rear differential. One option you should not see is power steering, as there would be a interference between the slave cylinder and the big oil pan used on the LT-1.

$40's wouldn't be out of line for a nice LT-1. A convertible would make it a plus.

Buying a new 1970 I remember reading about the 70 LT-1 having power steering. If I remember correctly the LT-1 pictured in the mailed GM publication being driven in the snow had power steering. I still have the publication, I need to reread it to refresh my memory. The oil pan was changed for the power steering optioned LT-1's.

 

[JJS]

My '71 had power steering - I thought they all did but it was probably an option.

 

[Mac]

Power steering was definitely an option back then. My 1973 does not have power steering or power-boosted brakes.

-Mac

 

[LIRacer]

I bought the LT-1. Highly optioned, power windows, base interior, AM/FM, build sheet, window sticker, POP, no power steering (now I see the reason for the big steering wheel).

http://i1180.photobucket.com/albums/x410/LIRacer/ToyCollection.png
http://i1180.photobucket.com/albums/x410/LIRacer/photo.jpg

 

[JJS]

Congratulations on your purchase and I hope you enjoy yours as much as I did mine.
Were you able to talk him down on the price?

I'm looking forward to pictures of the "new" LT-1.

-John

 

[LIRacer]

Congratulations on your purchase and I hope you enjoy yours as much as I did mine.
Were you able to talk him down on the price?

I'm looking forward to pictures of the "new" LT-1.

-John

Thanks John. I paid $46,000 plus a lot of parts he was trying to sell.

 

[96gs917]

Hi Bruce, Beautiful car. Good luck with it. I see you are on Long Island. You should
consider taking the car to be judged by NCRS. The local NCRS chapter is the "Metro LI Chapter".
Check out the web-site metroli.org. The next meet is at Exotic Classics in Syosset on April 21. They will
be able to tell you how original the car is if you are interested in that.

Lots of luck with the car. I hope I will see you with it at "the beach" over the summer.

 

[rvazquez]

Congratulations on the new addition to the family
Best of luck with it.
Regards
Roy

 

[LIRacer]

Congratulations on the new addition to the family
Best of luck with it.
Regards
Roy

Thank you. My last shark was a 72 LT-1 with A/C.