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Price check/opinion on 1970 LS5

1424 Views 2 Replies 2 Participants Last post by  greg2001
Today while driving in the southwestern part of VA (pretty rural) I stumbled upon an original owner 1970 LS5 Chevelle. The car isn't currently for sale, although he seemed interested when I talked to him about selling. It is a Baltimore built car (01C I think). It has the following options: LS5, M22, door edge guards, am/8 track, posi, pwr steering, CI, and gauges. It is a matching drivetrain car, and has full paperwork, including POP and window sticker. The buildsheets are more than likely still in the car, as the interior is original. It is Cranberry red, black bench, and black stripes.

The car is a 20 footer, needing paint (1 repaint in 1976) and has small amount of rust behind rear wheels. The car has many "Day 2" mods and to go back stock will need a new dash carrier (original has aftermarket gauges installed) and a few other items. Interestingly it does retain the original "Muncie" shifter...I'm not well versed on LS5 prices, so I'm trying to get some opinions. What is the current market on no A/C, 4spd, LS5 coupes?

BTW..as part of other post..The car has original door panels and emblems and they are "SS"...This makes sense as most LS5/LS6 cars from Baltimore that I've encountered have the B22 option. The guy ordered the car in Nov. 1969 and was told about the "soon to be released" LS6. He had to drive the car about 20 miles to work and thought the LS5 was a better choice..He traded a 1966 tri-power GTO on the car, and took delivery in Jan.
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Greg,

In the condition that you described with those options and paperwork, my guess is around $35k. Nice restored LS5's are now bringing about $50k and the top level LS5's are now quoted close to $75k in private transactions. The key to this car is how much hidden rust there is. On the positive side, with the documentation and the fact that the car is a very desirable color combination (maybe the most sought after) will add value. The hot items for the LS5's are Cowl Induction and a 4-speed. A/C does not seem to be a key factor as that is buyer preference. If this truly is an original owner car with that kind of paperwork, you should be all over this one. Good luck!
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