Corvette Of The Day: 1970 Chevrolet Corvette

C3 CORVETTE - 1970

The 1970 Corvette

The 454 arrives, the solid-lifter LT-1 small block and the first ZR1 debut, and the Shark gets its egg-crate grille and flared fenders. A strike-shortened year that started in February produced just 17,316 cars, the fewest since 1962.

The 1970 Corvette Aero CoupeThe 1970 Corvette Aero Coupe started as a stock 1968 Corvette and was modified by Bill Mitchell to preview the 1970 1/2 styling changes. (Image courtesy of GM Media.)
The fender louvers changed on the 1970 CorvetteThe fender louvers changed on the 1970 Corvette, featuring an egg-crate patterned grille.
1970 Corvette with LT1 engine
The 1970 LT-1 Engine.
Green 1970 Corvette with 454CI engine
The 1970 Corvette ZR-1The 1970 Corvette ZR-1

The first ZR1 could not be ordered with a radio, air conditioning, power steering, power windows, a rear defroster, wheel covers or the alarm; Chevrolet called it the Special Purpose Engine Package and sold 25 at $968.95. A 1970 ZR1 convertible brought $962,500 at Mecum Indianapolis in 2022, about 185 times what the whole car cost new.

DID YOU KNOW

Special & Limited Edition Models

1970’s specials are the 25 ZR1s and the 1,287 LT-1s, the LS7 that never shipped, the Aero Coupe that previewed the facelift, the mid-engine XP-882 that saved the program, the Scirocco show car and the Baldwin-Motion Phase III.

Only Bill Mitchell could get away with this. Bill always managed to have a hot daily ride. Engineering prototypes that weren't street-legal stayed behind the fence, but many of the show car Corvettes managed to go home with Bill. His usual statement on his "design study" cars was, "This thing runs like a bear!" For the Mulsanne Bill added, "This is the best Stingray ever."
1969 Baldwin Motion Corvette
Various upgrade packages were offered by Motion Industries, for the Chevrolet models included within the Baldwin Corvette partnership. The most prominent of these packages included the SS (425 HP) and Phase III (500+ HP) offerings. These cars not only came with a performance promise, but a guarantee to back it up. All Phase III cars came with a personal guarantee.
The Chevrolet Aerovette (originally designated Experimental Project XP-882) was developed in the late 1960's under the watchful eyes and mind of Zora Arkus-Duntov.  Unlike the XP-819, which ultimately proved to have too much rear weight bias, Duntov focused on developing the Aerovette as a mid-engine platform.
Did you know that the earliest ZR1 Corvettes came into existence long before any of these later iterations?  If not, then take a few minutes to acquaint yourself with one the rarest small-block production Corvettes of all time - the 1970-1972 Corvette ZR1. From 1970 to 1972, Chevrolet offered the ZR1 Special Engine Package, which featured a small-block LT1 engine.

1970 Corvette ZR1

The first ZR1 was RPO ZR1, the Special Purpose Engine Package, at $968.95: the 370-hp LT-1 with the M22 Rock Crusher four-speed, J56 heavy-duty brakes, F41 springs and shocks, K66 transistor ignition and an aluminum radiator with a metal shroud, built for SCCA B-Production. Radio, air conditioning, power steering, power windows, rear defroster, wheel covers and alarm could not be ordered. Twenty-five were built in 1970, 53 over three years, and a 1970 convertible sold for $962,500 at Mecum Indianapolis in 2022.

MORE: ALL 1970 ZR1 POSTS

FAQs

How many 1970 Corvettes were built?

Chevrolet built 17,316 Corvettes for 1970 at St. Louis, Missouri, 10,668 T-top Sport Coupes and 6,648 convertibles, the lowest total since 1962 because the UAW strike and the extended 1969 run pushed the start of the model year to January 1970 and the cars into showrooms in February. Of those, 4,473 had the 454 LS5, 4,910 the 350-hp L46 and 1,287 the LT-1, 25 of them as ZR1s; 5,102 had the Turbo Hydra-Matic.

How much is a 1970 Corvette worth today?

In 2026, 1970 LT-1s sold for $35,200 to $81,400 at auction with dealers asking $49,900 to $59,900; LS5 454s sold for $36,300 to $65,500 with dealers asking $55,900 to $74,000; L46 and 300-hp cars sold for $26,000 to $39,000, and original automatic coupes were offered from $23,900. ZR1s are valued around $209,000 by Classic.com, with recent sales of $148,500 to $217,500 and a 2022 record of $962,500 for a convertible.

What engines did the 1970 Corvette have?

Four that shipped: the 350 small block at 300 hp (base), 350 hp (L46) or 370 hp as the solid-lifter LT-1, and the new 454 big block at 390 hp (LS5). The 460-hp aluminum-head LS7 454 was listed and cancelled before any were sold. The four-speed was standard in wide or close ratio, the Turbo Hydra-Matic was a no-cost option on everything but the LT-1, and the ZR1 package added the M22 heavy-duty gearbox to the LT-1.

What colors did the 1970 Corvette come in?

Eleven: Classic White, Monza Red, Marlboro Maroon, Mulsanne Blue, Bridgehampton Blue, Donnybrooke Green, Daytona Yellow, Cortez Silver, Ontario Orange, Laguna Gray and Corvette Bronze, with black, white or sandalwood soft tops. Only Monza Red, Daytona Yellow and Cortez Silver carried over from 1969. Interiors came in black, blue, brown, green, red and saddle vinyl, with black or saddle leather in the custom interior. Chevrolet did not record production by color.

How much did the 1970 Corvette cost when new?

The Sport Coupe was $5,192.00 and the convertible $4,849.00, with tinted glass, Positraction and the four-speed or Turbo Hydra-Matic included. The L46 added $158.00, the LS5 454 $289.65, the LT-1 $447.60 and the ZR1 package $968.95; power steering was $105.35, power brakes $47.40, air conditioning $447.65, the custom interior $158.00 and the AM/FM radio $172.75. An LT-1 coupe with power brakes and steering came to about $5,790, and a ZR1 coupe to $6,160.95 before tires and tint.

What changed on the 1970 Corvette?

An egg-crate grille and matching fender louvers replaced the four gills, the wheel openings were flared, the parking lamps went square, the exhaust tips became rectangular and recessed, and the side markers grew. Inside, redesigned seats with built-in headrests, shoulder-belt reels moved to the rear quarters and a custom interior option. Tinted glass, Positraction and the four-speed or automatic became standard. The 427 became the 454, the LT-1 and the ZR1 package arrived, side exhaust was dropped, and the price rose $411.

What is the 1970 Corvette LT-1?

RPO LT-1 was a 350 cubic inch small block built to race: 11.0:1 compression, a forged crank, solid lifters, an 850-cfm Holley four-barrel on an aluminum intake, 2.5-inch exhaust and transistor ignition, rated at 370 hp at 6,000 rpm and 380 lb-ft, with a 6,500-rpm redline and a striped hood with LT-1 lettering. It cost $447.60, came only with a four-speed and could not be ordered with air conditioning. Chevrolet built 1,287 in 1970, the highest rating the LT-1 would carry before compression dropped in 1971, and 25 of them went out as ZR1s.