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Matching-Numbers 1970 Pontiac GTO Convertible!

UPDATE – This GTO project has been relisted here on eBay with a lower BIN! Does the new asking price of $10,995 get your attention or is this seller still too high?

After retiring to live the good life in sunny Florida, many motorheads focus their free time and disposable income on cars they wanted decades earlier. This 1970 Pontiac GTO Convertible in Punta Gorda, Florida dodged any such good fortune while the drop-top classic sat for three decades after an accident. Rusty and damaged, the once stylish Poncho comes to market here on eBay, where $12,995 makes the numbers-matching muscle car yours.

Credit the seller for including close-ups of the body tag, VIN, block stamping, and other numbers on this 400 cid (6.6L) GTO. Only the hood differs from original equipment, according to the listing. One look at this engine compartment shows rust from outdoor storage, covered storage on a natural surface, excessive humidity, or some combination of those factors. Though not the worst, Florida’s gulf coast ranks low on places to store your collector car in the great outdoors. A convertible with factory air conditioning may have seemed like overkill to many 1970s buyers, but a few motionless minutes in traffic will have convertible owners reaching for cold air.

Originally Atol Blue with a black top, this genuine GTO shows damage and rust everywhere. NADA pins the average value for this car around $46,000, well below a professional transformation from this state to “average,” but someone who always wanted one and likes a challenge may not care if they are “upside down” financially when they finally twist the key. Hobbies like golf vacuum money from your wallet with zero payback, while this GTO will be worth $40k or more when finished.

Check out that under-dash 8-track! The automatic transmission, power brakes, and power steering ease chores for a pleasant top-down cruise with one arm and one leg at ease. The double-blue color combination will look great after a long-awaited restoration. On-trailer pictures often indicate a seller looking for quick flip money with minimal effort. Is restoring this double-blue GTO a money-maker or labor of love?

Comments

  1. RoughDiamond Member

    I’m not sure matching numbers matters much when it’s surrounded by a pile of rust.

    Like 35
  2. Cadmanls Member

    Oh my that’s a crusty Goat, most likely found dying in a backyard and instant 6 or 7 K profit. Not going to fly in and drive it home!

    Like 12
  3. bobk

    Matching numbers!?! OMG and LOL.

    Like 13
  4. SOS 🆘 🛟

    Not sure if motor would make a good boat anchor or not?

    She needs so much work …

    Was salvaged to start with.

    Now shes DOA

    Good luck on sale.. drop 10K and it might sale 😉😵‍💫🏄‍♂️

  5. mike

    Owner…you are kidding right?? $12,995.

    Like 21
  6. PaulG

    Remember that LeMans convertible…?

    Like 5
    • cold340t

      They red one that won “best restored GTO” at Fremont raceway in 1987? Yep, still around passing to this day.

      Like 1
  7. Charles Atlas

    My 1986 white Ford Escort 4sp hatchback has matching numbers.

    Like 19
  8. Darrell J Dirr

    It’s like having the Powerball Lottery matching 6 winning numbers just the Wrong Day !!

    Like 1
  9. Poncho

    All a potential buyer has to do is add up “everything” this car needs, add in “time” for assembling “everything plus materials, consumables, figure in shop space, electric, water, and let’s not forget the $12995 purchase price, then compare total to one already done. Now it is clear that to purchase this car at the asking price to restore is a fool’s folly.

    Like 16
  10. Harvey Member

    You might get away with an ac recharge and a deep clean.

    Like 7
    • TerryC

      Now way…you are dreaming my friend.
      I promise you at least two of those tires are gonna need same air…

      Like 4
  11. Jerry Bramlett

    I’m not going to vote with the crowd on this one. I like the ad and the car. I hope this GTO gets saved. The project IS financially ridiculous, however.

    I don’t expect to live long enough to do this restoration myself, and I’m not gonna die anytime soon. It needs every single exterior sheet metal panel and all the floor panels replaced. Then there’s the frame straightening and interior work too. Plus a mechanical rebuild. Yowzah!

    Like 5
  12. fran

    No, $12,995 makes you a fool.

    Like 6
  13. George Birth

    The best deal for this guy is to pay someone to take it off his hands, like the local junkyard. This one is a mating numbers bankruptcy case. $12995 for this? Dream on Mr.. I can find better deals all over the place including convertibles for that price.

    Like 4
  14. Glen Riddle

    1970 GTO convertible was one of several old Pontiac convertibles I was considerin for a couple of years now that my wife and I no lobger needed a second daily driver. 1969 LeMans and 1970 Bonneville were the others finalists on my list. Drove several examples and ultimately bought a gorgeous unrestored 1970 Bonneville convertible last year for $25K. Folks , if what you ultimately want is a cruiser, the full-size cars are more comfortable to drive, better accommodate the grandkids, and are a tremendous bargain in comparison. Just my 2 cents. :-)

    Like 12
  15. Steve

    $12,995? Is this a joke?

  16. George Mattar

    Sold my totally rust free 1970 GTO hardtop in 1988 for $5,800. Boy was I stupid.

  17. Arthell64 Member

    I petty sure this car was owned by a guy I went to school with. I live in Chattanooga. The guy bought this car around 1983 from a doctor. I had a 1972 GTO which also came from Andy Trotter Pontiac. I still have the 72.
    The last time I saw this car it was in like new condition. I had heard it was involved in an accident. What a shame it ended up in this condition. It was a beautiful car.

    Like 1
  18. Sarge

    Oh, you have to pay him money? There isn’t one thing on that ‘car’ that isn’t kaput.

    Like 1
    • TerryC

      I looked really close at the pictures and the left rear valve stem cap looks like it may be ok 🤔

      Like 5
  19. Claudio

    That’s a lot of money for a parts car. !

    Like 1
  20. Kenn

    First of all, since I’ve been here “numbers matching” is the end-all for so many collectors, so the seller offering that is not out of line. What’s missing is the other holy grail of “original miles”. Must be why the commenters are putting this offering down. And the fact it’s not one of the Chevy tri-fives.

    Like 1
  21. Bunky

    Oh, they can rub that out, no problem!

    Seriously- I think I’m going to have nightmares! 😬

    How sad.

    Like 1
  22. DON

    Once you replace every single part on this car, you’ll have a nice GTO ..or will you ?

  23. Larry

    Unfortunately I believe that the money it would cost to get it home is more then the car is worth really!!

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