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-   66-67 GTO Tempest & LeMans TECH (https://forums.maxperformanceinc.com/forums/forumdisplay.php?f=430)
-   -   '67 GTO One Owner Car (https://forums.maxperformanceinc.com/forums/showthread.php?t=742039)

One Grand Am 11-23-2013 01:49 PM

'67 GTO One Owner Car
 
I talked to some people who have a '67 GTO that they purchased new in the fall of '66.
It is a 4 speed car. The original engine is gone. It has been sitting a long time. There are no big rust holes that I can see, and not all beat up. I don't think it runs. It does have a Pontiac engine in it. It would need complete, full resto. Just wondering what a fair price would be. Any suggestions, info or pictures of your projects/barn finds would be appreciated. Thank You

rare4k 11-23-2013 02:43 PM

2,000. to 4,000. off top with no pics

carcrazy 11-23-2013 04:23 PM

I would say that more than anything it would depend on the amount of rust and body damage. Another factor would be if it is an HO or Ram Air car. Either of those options would increase the price significantly. I purchased mine several years ago for about 4500 and it was a running car with the original motor/transmission. It did have significant hidden rust that necessitated years of work. About 30k in it now and I've done 95% of the work.

Andre 11-23-2013 05:06 PM

Not much. You can buy a very nice hardtop in the high teens to low 20's. It would take $30k+ to build the same level car.

geeteeohguy 11-23-2013 05:51 PM

What Andre said. The value of these cars has gone down to mid-low 30's for a restored one. The price of parts, materials, and paint has skyrocketed. You could buy a $4000 dollar car like this one, and easily have 30-50k in it if you did most of the work yourself, and end up with a 30k car that cost you time and much more than that in cash. Cars that have been stored inside and have been in service, but are tired are a much better deal to get into GTO's on the cheap. They can be driven and fixed up as needed. They won't be show car material, but good daily driver material. Unfortunately, most of the project GTO's I've seen are outside- stored, neglected cars that need everything addressed due to weathering and corrosion. Cars like this cost much more than they're worth to bring back to life.

jd66 11-23-2013 11:30 PM

started on my rust bucket in the fall of o6, oh how I wish I would have went out west and brought home a rust free shell and used mine for parts, take the advice of the BTDT guys here buy a finished car then drive it like you stole it. jd grim 66 gto still not done.

carcrazy 11-24-2013 10:23 AM

Although I have enjoyed the challenge, I would not do it again with a car in the condition of the one I purchased!!!

arbys 11-24-2013 02:19 PM

Although not a GTO I'm glad that I bought mine about 75% done with 90% of the money spent. A southern car with no rust issues. I guess that the secret is to buy a car "right" but start with car that's a good driver to begin with.

beemergary 11-24-2013 07:30 PM

Quote:

Originally Posted by carcrazy (Post 5070120)
I would say that more than anything it would depend on the amount of rust and body damage. Another factor would be if it is an HO or Ram Air car. Either of those options would increase the price significantly. I purchased mine several years ago for about 4500 and it was a running car with the original motor/transmission. It did have significant hidden rust that necessitated years of work. About 30k in it now and I've done 95% of the work.

Been down the same road only 10 yrs. ago and after 4k put another 16k into it doing all the work myself.

1966geeto 11-24-2013 07:36 PM

Not only money
 
I have well over 30k in mine how I wish I had bought a decent driver for 15-17 and then worked on it I have 3 years into mine and the guy before me 3 I bought his dream car.The time involved in doing even a decent frame off is a big deterrent for allot of guys I have a big 2 car garage and a parts shed a stripped down car takes up allot of space. If you are not dedicated to the project you can dump a ton of cash and then loose interest an someone's will be driving your dream car I've seen it to many times. If your serious they're out there just gotta put the time in to find one.

arbys 11-24-2013 07:39 PM

One added thing. Think with your mind and pocketbook, not your emotions.

1967SC 11-25-2013 09:32 AM

Get the VIN and send for the PHS documents.

67gtospud 11-26-2013 10:20 AM

Quote:

Originally Posted by carcrazy (Post 5070483)
Although I have enjoyed the challenge, I would not do it again with a car in the condition of the one I purchased!!!

This is how I feel! Lol I bought mine in 05 when I was 12. I paid $1650 (which was all I had) and I was aware it would be expensive but wow! I also didn't intend on doing a Complete frame off :D

Andre 11-27-2013 09:50 AM

Completing a restoration at age 20 is off the charts as far as automotive accomplishments go. If you do it, I predict a very prosperous future for you. I say this, because the determination that is required to complete one of these, especially with the resources at age 20, is simply amazing!

67gtospud 11-27-2013 09:36 PM

Quote:

Originally Posted by Andre (Post 5072521)
Completing a restoration at age 20 is off the charts as far as automotive accomplishments go. If you do it, I predict a very prosperous future for you. I say this, because the determination that is required to complete one of these, especially with the resources at age 20, is simply amazing!

Thank you, I won't lie it's been pretty frustrating at times but I keep finding myself wanting to be back working on the car or searching for parts. I am trying to find pictures from when I first got the car so I can start my own thread but so far am having little success.

Plus with my own thread I can stop thread jacking other people lol. I apologize for thread jacking!


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