Would you expect the price of an LT1 to drop if the block was not original (all else being equal)? If so, by roughly how much?
gdh said:Putting the original LT-1 ZR-1 motor back into my vert. Ididn't realize that the CKZ suffix meant that it was a ZR-1 and that only 20 were made in 1972. Rebuilding it as we speak but adding a little oomph to it, via Dart heads and other mods.
JRZYDVL said:As for the price drop, that depends on the buyer and whether the block is truly not the original or not verifiable but possibly the right block.
I have a 1970 LT-1 and all numbers match with one exception - the block. It was decked back in '77. Based on the casting codes, the likely hood that the block is correct is close to 95%. Those blocks were built from 69-79 and the date code is correct for the year, the VIN # is not there though.
Also, the value of the LT-1 is in the heads, manifold, and carb, especially since the NCRS judging only deducts 88 ponits for the wrong block. Thus, the car could still be Top Flight certified even without the original block.
Personally for me, the value in a LT-1 is the original motor. I would consider a value similar to a standard '72 350 equipped Vette without the original motor. Granted the VIN will have the "L" designator in the 5th digit to show it is an LT-1, but what made the car was it's motor.
Just my two pennies worth.
P.S. Have seen a seller listing a white LT-1 Roadster. 1st he had it around $30,000. Then I saw it listed with it having a replacement motor in the low 20's. To my knowledge it hasn't sold yet.
JRZYDVL said:Thank you. I am finding that several parts of the original engine are wrong. Fact of the matter is that the car can be returned to originally glory including numbers match with a few exceptions.
While any base 1970 vette can be turned into an LT-1, a legit LT-1 (tank sticker documented) built to factory spec with all correct parts that meets performance standards without matching numbers still a rare bird. While it will sell for less than a pure LT-1, these cars are hard to find.
Restoring a 1800's home means returning it to an original state. This will generally mean reproduction items through much of the house because the originals were destroyed, removed, etc. Why does the same not hold for the car?
Mine sat for 23+ years after 8 years of neglect and abuse. To bring it back to original glory is no small feat.
Proved to save it!