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158 Rolling Hill Rd
Mooresville, NC 28117
1972 Chevrolet Corvette
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Throughout Corvette history, there have been many collectible and rare Corvettes built. We can all appreciate the design of the '63 Split window or the stylings of a gorgeous '57. But, for many, including the infamous Zora Arkus Duntov, there is none better then the often forgotten about 1970-1972 LT-1 Corvette. This is the Vette that did away with the typical thinking of bigger is better and offered 454 big block acceleration and power without compromising balance and handling performance. With a high revving small block 350ci engine and a 4-Speed manual transmission to run through the gears, an LT-1 Corvette offered neck-snapping acceleration and the ability to take corners the likes of any European sports car.

To achieve it's legendary performance, the 1970-1972 LT-1 used some of the best internal engine parts GM ever made. A solid lifter motor featuring a forged steel crankshaft, 4-bolt main block, impact extruded pistons, high-lift camshaft, low restriction exhaust, aluminum intake manifold, 4-barrel 800 cfm Holley carburetor, and finned aluminum valve covers. Mated with the required Muncie 4-Speed, these mechanical gems produced sounds and a driving experience never to be experienced again in a production car. The 1970-1972 LT-1 marked the end of an era. It was the last solid lifter V8 produced by GM.

Aside from its incredible performance characteristics, a “real deal” documented 1970-1972 LT-1 Corvette is a “Blue Chip” investment grade Corvette due to its rarity. However, what's even more rare is finding a documented 1972 LT1 with factory air conditioning. You see, for the first two years, Chevy wouldn't offer AC on a LT1 engine. It was only in 1972 that they finally offered it as an option, but even then they were so concerned with whether or not the AC could hold together on the high-revving small block that they actually went as far to leave the 5600 redline RPM gauge that was standard for the 454 big block in the gauge cluster to deter people away from revving it to high. If you notice, any other LT1 from 70-72 has a 6500 RPM redline tach in it! How unique is that!

Out of the 20,000+ corvettes that were built in 1972, only 1741 of them were ordered with the LT1 engine. Of those, it's generally noted that only 240 left that factory with factory A/C. But it's not known how many of those were convertibles, many corvette enthusiasts have done the math as far as production % and it's generally assumed that less than 30 were LT1/AC/convertibles. This gorgeous 1972 Corvette LT1 convertible is one of these rare Vettes. Restored and documented by still having the original tank sticker on the fuel tank, this LT1 belongs in any serious Corvette collector's garage.

Adding more to the legacy of this great Corvette, this LT1 was originally owned by the late Bob McDermon who was a prolific corvette collector. This wasn't one of the ones that sold in his massive sale he had 5 years ago or so, rather he sold this one in 1984. For the first 12-years of its life it was in the hands of this collector and was sold from his collection with 40,524 miles. We know these details, because this vette comes with complete ownership history. Actually, not only do we have the complete ownership history, but each owner seemed to know exactly how rare this vehicle was and held on to every receipt that they ever spent on the car from 1978 on! That's right, we have every receipt, registration, bill of sale, copies of titles, inspections, etc.. from 1978 on! All of those receipts point to one thing - Everyone who has owned this vehicle cared for it and meticulously maintained it.

Today it sits in incredible shape and the current owner has owned the vehicle since he purchased it from the experts at Pro-Team Corvette in 1998. The engine has been rebuilt back to factory specs, it received a very expensive $7,000 full paint job in 1997 and today you can see that money was well spent as it clearly was performed by a shop who knew what they were doing. The removable hardtop is in good shape, but it does have a minor dime-size cut in the vinyl on the top.

Overall, cars like this don't pop up very often. Don't miss your chance to own one of the rarest corvettes ever to exists! Call 704-663-0432 today to find out more about this car. We can help with shipping and financing options.

Numbers Matching LT1 350ci V8
Numbers Matching Muncie 4-speed
1 of only 240 LT1, A/C corvettes ever built
Believed 1 of only 30 LT1 Corvette Convertibles with A/C.
Factory Air Conditioning
Factory Removable hardtop
Factory Smog System still attached
Factory code 421 Leather saddle interior
Factory correct 5600RPM redline tach for the LT1 A/C cars.
Painted in correct 987 code Ontario Orange
Complete ownership history from new
Tank Sticker still attached (protected) on fuel cell

Air Conditioning NO
Heater YES
Speedometer YES
Oil PSI Gauge YES
Temperature Gauge YES
Fuel Gauge YES
Tachometer YES
Wipers YES
Horn YES
Radio YES
Headlights YES
Tail Lights YES
Brake Lights YES
Reverse Lights YES
Turn Signals YES
Runs & Drives YES

The prices listed exclude a $250 document fee. Shelton Classics & Performance does not collect tax, tags, title, or any other motor vehicle fees. As such, these fees are also excluded from the listed price.

All vehicles are being sold As-Is, Where-Is with No Warranty expressed, written, or implied. All sales are final. It is the sole responsibility of the customer to thoroughly inspect the vehicle personally or via a 3rd party inspection company.


Engine Type
Engine Size
LT1 350 V8
Fuel Specification


Body Color
Ontario Orange
Body Style
Paint Type




Interior Color
Secondary Interior Color
Seating Type
Seat Material
Shifter Type
Center Console

All vehicles are being sold As Is, Where Is, with No Warranty, expressed, written or implied. All sales are final. It is the sole responsibility of the customer, and which we strongly encourage, to thoroughly inspect the vehicle personally or via 3rd party, to ensure satisfaction to the condition and value, prior to purchase. Any descriptions or representations are for identification purposes only and are not to be constructed as a warranty of any type.

Vehicle information is provided by the consignor (current owner) of the vehicle, and while we do perform a visual and safety inspection of the vehicle upon arrival, we can make no warranty, guarantee or representation regarding the accuracy, truth, or reliability of such information. Dealership is not responsible for any errors, omissions, or inaccuracies contained in information provided by third parties. The majority of these vehicles are considered classics or antiques, meaning they are older vehicles with sometimes dated automotive technology. We are not an expert in the construction, engineering, finishes, materials or components of these vehicles. Our employees are a team of talented individuals with a history in the classic car industry. We perform an extensive visual inspections on all vehicles we represent, but we do not disassemble vehicles or components for inspection purposes and therefore it is always possible there is hidden damage that is not readily apparent.

Dealership and its affiliates shall and will make every reasonable effort to disclose any known defects associated with a vehicle prior to the close of sale. Dealership assumes no responsibility for any repairs needed to the vehicle and it's the buyers sole responsibility for any repairs that might be needed.

If marked "Numbers Matching" or "Original Mileage", the consignor(current owner) states this vehicle as such. Given how easy it is to create a “clone” or “tribute”, we cannot guarantee the authenticity of any and all claims. Customer is encouraged to verify this information on their own, prior to purchase.

We can assist you in delivery through our network of private and commercial carriers most of which can deliver the vehicle to your driveway. We assume no responsibility for damages or delays incurred once a vehicle is in a shipper's custody.

Because we advertise each vehicle with so many third-party affiliates, it is the customer's sole responsibility to verify the accuracy of the price with the dealer. All advertised prices exclude local, state, government fees and taxes and dealer documentation fee. Pricing is subject to change without notice. A dealer documentation fee of $250 will be added to the purchase price at the time of sale.

Vehicle availability is not guaranteed and subject to prior sale. Regardless what is agreed to verbally, we cannot guarantee a vehicle will be held for a potential buyer without a non-refundable deposit collected to hold the vehicle. Contact the dealership about pricing to place a deposit on a vehicle.

Our preferred and most secure form of payment is a bank wire transfer. We can accept checks, but note that any form of a check will have a minimum hold of 10 business days. This includes cashier's checks, certified checks, or bank checks of any kind. For cash received in the amount of $10,000 or more, we will complete an IRS Form 8300. We can not accept any credit card as payment or partial payment for a vehicle under any circumstance.

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Engine Size
LT1 350 V8
Transmission Type
4 Speed Manual
Body Style

Vehicle Options

  • 4 Wheel Disc Brakes
  • Leather Seating
  • Heater/Defroster
  • Factory Tach
  • Bucket Seats
  • Removable Hard Top
  • Power Brakes
  • Power Steering
  • Tachometer
  • Sport Seats
  • Clock
  • Center Console
  • All Weather Floor Mats
  • Air Conditioning
  • Original Owner's Manual
  • Build Sheet
  • Wood Trim
  • Chrome Exhaust Tips