We see our share of First Generation Pontiac GTOs at Barn Finds, with some showing more potential as project candidates than others. Returning this 1967 model to its former glory could be rewarding, and the fact that its engine bay houses its numbers-matching V8 might bless it with long-term investment potential. The new owner can enjoy this classic immediately as they plan the path they wish to take with their build. The seller has listed the GTO here on eBay in Winter Haven, Florida. They set their BIN at $26,500 with the option to make an offer.
The 1967 model year marked the end of the line for the First Generation GTO, a car that had cemented its place as the recognized father of the muscle car sector. Its successor featured more curvaceous and radically different styling. This GTO currently wears Cameo Ivory paint, which wasn’t always the case. The first owner teamed Code N Burgundy with a Black vinyl top. It isn’t clear why the color change occurred, but with the work required to return this classic to a pristine state, there is scope to reverse that change without adding significantly to the restoration time frame or cost. Rust is always a consideration, and this Pontiac hasn’t been immune. The exterior and floors look really nice, with nothing that might cause nightmares. The trunk pan has a few holes, although the developing holes in the cowl below the windshield are a greater concern. This is pretty typical, but with reproduction steel pieces readily available to address both problems, returning the car to a rust-free state shouldn’t be difficult. Some trim pieces may require a refresh or replacement, but the glass looks acceptable for a driver-grade restoration.
When a buyer is contemplating the long-term investment potential of a desirable classic, a numbers-matching status is often critical. This GTO ticks that box, with its 400ci “HO” V8 sending 360hp and 438 ft/lbs of torque to the 2.73 Posi rear end via a three-speed automatic transmission. This might be a muscle car, but power assistance for the steering and brakes means the new owner doesn’t need to be built like Arnold Schwarzenegger to maneuver this classic. With its ability to cover the ΒΌ-mile in 14.5 seconds, the GTO is still considered quite potent by modern standards. The seller states that they recently replaced the fuel tank, booster, master cylinder, wheel cylinders, and carburetor. The vehicle runs well, the engine produces no smoke, the transmission is smooth, and this baby is a turnkey proposition that can be enjoyed immediately.
The seller states that the interior trim is original and its condition is generally quite good. The carpet appears to exhibit fading and the headliner is sagging. Otherwise, the Black vinyl upholstered surfaces are clean, while the dash, pad, and console, look immaculate. Swapping out the aftermarket Sun tach and radio/cassette player would be easy and worthwhile for those with investment potential in the back of their mind. The first owner didn’t go mad with their pen on the Order Form, but they did select air conditioning and a “His and Hers” shifter. The A/C isn’t working, but that may be the only functional issue.
Although the mighty haven’t exactly fallen, values for the 1967 Pontiac GTO did soften slightly through 2024. However, that trend has stabilized, which might be a precursor to a future rise. In the current market, a high-end restoration of our feature car should yield a potential value above $80,000. It needs work to achieve that goal, but there appears to be plenty of room to move on this restoration before financial viability becomes a concern. Its listing has generated plenty of interest, but it remains to be seen if that translates into a successful sale. Do you think it will?
A desirable car in undesirable condition. Looks like it has survived a couple Florida hurricanes at least partially submerged. Proceed very carefully on this one.
This model year looks fabulous in its original Burgundy color. Body color changes were common when this car was younger but does anyone ever do that to a modern car anymore? I would guess not because painting has become so expensive.
My parents bought one of these after they were married in the fall of 1968. It was red, black vinyl top, black interior, automatic without A/C. They had it until my brother was born the following winter. The second owner wrecked it in no time, and its probably been recycled a hundred times since.
I am 75 years old and to this day I can’t figure out the reason behind having his and hers shifters.never made any sense to me.
Advertising, mostly, but the wife could leave it in “D”, but the husband, bashing off from a stoplight next to some other street muscle could manually upshift it beyond the normal shift points without missing a shift and hitting neutral.
John, the purpose of a dual gate, or his and hers, shifter, is mainly intended for drag racing. It allows you to shift quicker and more accurately ensuring that the upshift goes to the next intended gear only, e.g.; shifting from first to second, the trans will go into second gear only. Using the right side of a dual gate shifter allows the driver manual control of an automatic transmission.
I pity the individual who puts up the money for what is essentially a rusted salt laden southern Florida skeleton of a GTO painted white.