General question on LT1 values

[Glen C.]

I'm looking at two LT1's. I'm waiting on the inspection reports but I think they will be on a par with each other given the work that will need to be done. The coupe is a 1972 and the convertible is a 1971. The asking price for the comvertible is $5000 more than the coupe. My qustion is over the long term is the convertible worth the 5k differential. I don't have a personal preference as to coupe vs convertible.

[Michael J.]

Re: General question on LT1 values

In my recent buying and selling, it seems the convertible is always higher, all else being equal. $5000 would seem to be a reasonable differential, and I would suspect this will only increase as time goes on. Most all older cars show the convertible to be more valuable on the market as convertibles were much more rare than coupes, however the "Vettes made more convertibles in those days, so not sure if that will effect the values in the distant future. The '71 LT1 was also a stronger engine than '72, so that is also more desireable. However, all that said, it's going to be your car so you have to be the happy with which ever you get. Good luck.

[Tracy C.]

Re: General question on LT1 values

Other options like color and interior trim will also be a factor.

[Michael F.]

Re: General question on LT1 values

In my recent buying and selling, it seems the convertible is always higher, all else being equal. $5000 would seem to be a reasonable differential, and I would suspect this will only increase as time goes on. Most all older cars show the convertible to be more valuable on the market as convertibles were much more rare than coupes, however the "Vettes made more convertibles in those days, so not sure if that will effect the values in the distant future. The '71 LT1 was also a stronger engine than '72, so that is also more desireable. However, all that said, it's going to be your car so you have to be the happy with which ever you get. Good luck.

That would be the high compression 70 LT-1 was stronger than the identical lower compression 71-72 LT-1s.

[Ken P.]

Re: General question on LT1 values

I'd go with the 72. The serial number on the 72s tells you what engine the car has verses the guessing that comes with the 71. Both cars have similar power, nothing there to be concerned about.

[Gary C.]

Re: General question on LT1 values

If the 72 has the the L code in the VIN and it happens to have factory air, Buy it fast.

[Martin N.]

Re: General question on LT1 values

GLEN-
Post a poll here on the Tech Board. See if our members like drop-tops more then hard-tops. My vote is clear.

Marty

[Glen C.]

Re: General question on LT1 values

Thanks to everyone who responded. Neither car worked out. The coupe was more than I cared to take on at this time in terms of restoration and we couldn't arrive at a reasonable price on the convertible.

The search continues.....