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GTO Text Topics article #4

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How much is a GTO worth?  by Sean Mattingly, who wishes he could buy them all    UPDATED 4/06

So you want to make the plunge and aquire the car of your dreams?  It's gonna cost you.  On the other hand - what a great investment!  The classic GTO prices are rising each year.

The condition of a particular car is the most important factor in a car's value.  You'll see cars advertised as "perfect", but the term "perfect" does mean different things to different people.  In high school, my idea of a "perfect" car was one that was simply running.  Consider what condition you are shopping for...

1   flawless original car or professional frame-off restoration
2   original unaltered car with non-perfect paint
3   nice looker with low miles & no visible rust
4   has a few problems, interior wear, miles *
5   needs body, engine, interior, rust repair
6   parts car with damage and parts missing

* Note that most cars will fall into this category, number 4
Figure out what options you want. Cars with more options cost more money.
Add a little for A/C.
Add more for a Ram Air car or Tri-Power.
Add more for a (real documented) Judge.
Add several hundred for a convertible.
Add a little for documentation showing regular oil changes, etc.
Deduct for extensive trunk floor rustout.
Deduct a substantial amount for non-original type engine or trans.
Deduct a little for GTOs made after 1972.
Deduct an appropriate amount for missing parts or for a car that's not running. 
Deduct a LOT if the GTO data plate/VIN proves to be a LeMans in disguise.
Deduct for paint colors you dislike. Really!
OK, SHOW ME SOME PRICES!

By far, here is the best price guide you will find.  It's contained in the UltimateGTO.com Stats Explorer(tm).  Here's a link to the section that compares prices of all years side-by-side...
CLICK ->      http://ultimategto.com/cgi-bin/statsexplorer.cgi?year=all&f1=price
 
GTO's SEEN FOR SALE

Way back in 2001, I looked at the Hemmings.com web site and searched for cars of all years. Here is what I found on that particular day.  While the prices are no longer current, you can see the relative differences in the highs and lows.

 1964 GTOs
average asking price  $20,125 
highest asking price  $36,900 
lowest asking price   $ 4,900 hardtop partial body done, wrong engine

 1965 GTOs
average asking price  $20,976 
highest asking price  $40,000 
lowest asking price   $ 4,800 post coupe, needs full cosmetics

 1966 GTOs
average asking price  $15,501 
highest asking price  $32,950 
lowest asking price   $ 2,000 rolling body, no engine or trans

 1967 GTOs
average asking price  $18,513 
highest asking price  $33,900 
lowest asking price   $ 2,000 hardtop parts car
                                                
 1968 GTOs
average asking price  $12,607 
highest asking price  $23,900 
lowest asking price   $ 1,500 rough parts car, automatic with no engine

 1969 GTOs
average asking price  $17,420 
highest asking price  $45,000 
lowest asking price   $ 1,800 project car, automatic with no engine

 1970 GTOs
average asking price  $15,772 
highest asking price  $24,950 
lowest asking price   $ 2,500 project car, not running with rust

 1971 GTOs
average asking price  $26,100 
highest asking price  $58,000 
lowest asking price   $ 5,800 rusty floor convt w/ extra frame incl

 1972 GTOs
average asking price  $14,967 
highest asking price  $24,900 
lowest asking price   $ 5,500 4-speed needs restoration

 1973 GTOs
average asking price  $ 9,790
highest asking price  $19,900 
lowest asking price   $ 3,000

 1974 GTOs
average asking price  $10,220 
highest asking price  $19,950 
lowest asking price   $ 2,750 needs paint, needs many plastic interior parts

Go ahead, search the Hemmings site for yourself and see what the prices are today.  They 
vary according to how many ads are posted there and what time of year it is.
PONTIAC GTO SHOPPING RESOURCES

Get my huge list of GTO's for sale by request at http://ultimategto.com/forsale.htm

JUST THE PASSENGER VEHICLES by model...  [ Register to bid on eBay ]
Pontiac GTO cars on ebay Pontiac Tempest cars on ebay GT-37 cars on ebay
Pontiac LeMans cars on ebay GTO Judge cars on ebay T-37 cars on ebay

GTO PASSENGER VEHICLES by year..  [ Register to bid on eBay ]
All 1964 GTO cars All 1965 GTO cars All 1966 GTO cars All 1967 GTO cars
All 1968 GTO cars All 1969 GTO cars All 1970 GTO cars All 1971 GTO cars
All 1972 GTO cars All 1973 GTO cars All 1974 GTO cars All 2004 GTO cars
All 2005 GTO cars All 2006 GTO cars Pontiac "parts cars" 2009 GTO cars


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