Driveway Find: 1964 Pontiac GTO

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John DeLorean is considered the father of the Pontiac GTO and even gave the car its name. Inspired by the Ferrari 250 GTO, the successful race car, GTO is an abbreviation for Gran Turismo Omologato (aka grand tourer homologated), which means certified for racing in the grand tourer class. Once the market caught on that you could buy a mid-size car with a big engine, sales (and competition) rose quickly. This 1964 GTO has not run in several years and spent its time occupying space outdoors in a driveway. Located in Lincoln, Nebraska, the Pontiac is available here on eBay where the no reserve auction stands at $8,000.

When the GTO was conceived, GM had a thing about not putting big engines in smaller cars. Pontiac got around that by offering the GTO as an option on the LeMans rather than creating a series for it. The mindset would change after the car’s popularity became obvious and the GTO became a series of its own in 1966. In ’64, for $295 extra on a LeMans, you got bucket seats and plenty of GTO badging along with a 389 cubic inch V8. Standard was the 4-barrel carburetor, but a 3X2 set-up was also available. Pontiac sold 32,450 GTOs the first year with 18,422 copies being the 2-door hardtop like the seller’s car. Also, 24,450 left the factory with the 4-barrel. Two years later, sales would reach nearly 100,000 cars.

This GTO is described as a “well-loved car”, but its present condition makes that a stretch. We’re told the second owner bought it in 1969 and drove it until a few years ago. Whether it stopped running on its own or from sitting, it doesn’t move any longer and is going to need quite a bit of work. The GTO was a well-optioned car when new, with factory air conditioning and power windows. So, someone wanted to go fast in style and comfort.

The car’s original color appears to be Capri Gold Metallic which has developed the requisite patina over the years. The weather has been harsh to the exterior and interior and there’s going to be some rust to deal with. The car apparently had a vinyl top at some point and either rust or dirt smudges can be found on the driver’s side by the rear glass.

Part of the offering is that a bunch of spare parts will come with the car, but they’re stored in the attic of the house on the property. The buyer will have to dig them out if he/she wants them. The car looks to be wearing four different wheels and the seller thinks the originals may be in that parts stash. A stellar ’64 GTO can go for more than $60,000 according to Hagerty, and one in Fair Condition is around $16,000. There is no category for poor condition, so the buyer will have to decide what the limit is to pay for this car. Right now, that limit seems to be $8,000.

Auctions Ending Soon

Comments

  1. Terrry

    Well, at least this car is in marginally better shape than the VW Samba wagon featured here on Rust Finds about a month ago.

    Like 2
  2. LandYacht

    Nicely optioned car, it really is a shame how cars get left to degrade to this condition. Love the options but going to take some buck$$$

    Like 2
  3. Kenneth Burton

    Wish it was in my price range! That wasmy first car.

    Like 3
  4. Chris M.

    Looks to be on the ragged edge of savable. I’m curious to see what’s in the attic parts supply. The current $9100 bid is very near the max entry point to start a reasonable restoration provided the undercarriage is intact.

    Like 4
  5. gaspumpchas

    Nuts I always thought GTO stood for gas, tires, oil, or Get the Tools Out. As land yacht said its a shame to seee in this condition. 8 large?? Looker over good and happy motoring.
    Cheers
    GPC

    Like 0
  6. Nikrnic

    Looks like it’s doing pretty good on ebay now. GLWS.

    Like 0
  7. Kevin

    Well loved..
    Lmao,this thing is roached,but I guess if you throw enough money at it for nostalgic purposes it can be saved,hard pass here,A car like this in my youth may have fetched $250.00-300.00

    Like 0
  8. Slickimp

    You tell him man think its got enough different Pont wheels

    Like 0

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