When a car gets to a level of decay where it’s coming apart underneath in the driveway, that’s quite a deterrent for someone with my limited skills to consider taking that vehicle on as a project, even if it’s one of Pontiac’s legendary muscle cars. But I also understand my abilities never really progressed very far past the backyard level, and others have taken cars such as this 1967 GTO here on eBay and turned them into great-looking street machines, so if your capabilities are about 10 times more advanced than mine maybe this one’s worth considering. The goat is resting in New Providence, New Jersey, with 34 bids driving the price up $18,000 already, so several optimistic buyers are seeing some hope here.
Pontiac’s GTO received a couple of significant engine revisions for 1967, including the 389 growing to 400 cubic inches plus the tri-power carb system being dropped in favor of a single Rochester 4-barrel. The seller indicates the motor here has been completely rebuilt, but that was a few years ago and there’s no word on whether or not it’s currently functioning, nor if it’s original to the car. There’s no information at all on the transmission other than it’s a manual.
From the photos, it seems like the hood plus some of the sheet metal on the driver’s side have a different appearance from most of the rest of the panels, so I don’t know if these have been replaced or if somebody’s already attempted some bodywork here. But there’s a whole lot more to go, with both quarters in need of replacing and the roof edges showing corrosion toward the rear. The underside has also fallen victim to the tin worm, including a crack in the frame on the driver’s side. The seller mentions a second frame that’s in good condition will be included, but unfortunately, there’s not a picture provided.
No specific details are given about the interior, but we can see there is some damage to the dash and an aftermarket Stereo has been added, with my curious mind wondering what cassette tape is jammed inside the player. The console isn’t attached but at least it’s still there, and perhaps the best news about the inside is that there are those 3 pedals near the floor, 4 if you count the emergency brake. This one’s way more of a project than I’ve ever attempted, but maybe you or someone you know have the skill set to resurrect this once mighty GTO back to its former glory. Are you seeing much hope here?
This one’s about 17.5K over priced
Parts car… if there’s any salvageable parts..
With the advent of hard times and insane inflation, I’ve been trying to fathom how so many can squander big money for total junk. Wish I knew what their secret is. Lottery tickets? Maybe they were just born rich. Maybe it’s time I go in search of a long lost rich uncle lol
It’s the boomers, they have money to burn.
Yes, those dang boomers……. Really?
sigh.
I totally agree brother.some of these so called cars should be in the junk yard and not sold for that amount of money.if you can’t do the work yourself you are looking at probably in the neighborhood of 40,000 grand to get it to where it should look like.and even if you could do the work it’ll take you a long time to finish and still cost you an arm and a leg.
Well, I guess there’s an azz for every seat…as the old saying goes…
They make so much replacement metal for certain makes and models. You can even buy the floor pan with all the braces with the rocker panels attached. You could almost have a 70 percent body replacement. You need the inner structure for a shell and some knowledge and skill.
Nope, about the correct price, per the market! The market will ALWAYS determine the price of products, goods, and service! Basic ECON 101, you do not have to like it, nor appreciate the current market price, but everyone regardless what you may want to sell, will scream I want market price or higher! Do not be hypocritical, or go ahead and spend 6 figures for the car when done!
I’m no hypocrite, nor do I pay stupid money for junk, nor would I pay 6 figures when done. I don’t buy any, anymore, my buying days are over, I’ll die with the one toy I have left, thank you
One mans junk is another mans gold! Glad you are no longer in the market, along with many others who still live in the past century time zone. This is a NEW WORLD, where Economics meet the cost of rare toys! Very simple, not hard to figure out!
It’s not lottery tickets or a rich uncle, the truth is it’s all a crock. I don’t believe one iota of what goes on with the sale of this stuff. It’s not junk, but it’s not gold either. The gold comes in the restoration, if any. I know it’s frustrating, as we’re used to cars like this being GIVEN away, $500 tops if it ran. Someone willing to allegedly spend 5 figures on, TOP of the alleged 5 figures to purchase it, to restore it, or even buying one for 5 figures already done, for that matter, is beyond me. Don’t kid yourself, we had it made. $500 bucks tops, then we drove it home. Living in the past? Perhaps, and I’m with you. I have ONE vehicle left of the hundreds I had, and this site is the extent of my interaction with the old car hobby, unless you call a ’91 Jeep an old car.
I’m with you Yblocker. I have one car left. Make that one hobby car.
I’ve had it for 42 years and I’m not buying anymore. It’s no longer my daily. I’ve had many, as many as five at one time, and yes they were cheap then. They were the worn out used cars of the day. The difference today is that the cheap older cars are a lot harder to work on. I could fix anything on those cars. I consider myself a pretty good mechanic but this last car I bought I won’t be able to do much beyond oil changes. I can’t even see the spark plugs.
Tell that to the average Venezuelan who has to pay a months salary for a loaf of bread due to hyper-inflation….
.
First of all, this will NOT be a 6 figure car when finished, if that’s even possible? It’s just a heap of rusted junk, even the frame. It’s really not even good metal to recycle.
Everytime someone calls out a seller for what it really is, they revert to call folks old and out of touch with reality.
I had a 1967 GTO and I remember the time and money that I spent on it to get it like I wanted, and i did most of it myself. And, it started out as around an 8, where this one is a zero.
Here, the seller seems to be attempting to convince us ‘out of touch’ people that we are missing out on something special? Really!
If I really wanted another 1967 GTO I would simply go buy it, ready to drive for $50 -$60 thousand dollars.
Some of us old, out of touch people have money, whereby we do what we think is a good investment, where others are living from one rusty flip to another.
I likewise don’t believe that someone would pay hardly anything for this #@&”, I don’t even know what to call it?
It used to be a nice car.
Just my oponion!
Ashtray, people are calling them out due to their inability to accept what the True Reality is in todays market! Their opinions are based on LAST CENTURIES expectations, not todays CURRENT market! So yes, in that context they are WRONG! The market will always DICTATE the price range, that is the way an open free market works…simple ECON 101..no great mystery here, only to those who are not willing to accept the facts.Take care
The youngster spouting off about “last century” had better hope that the dollar doesn’t go south. Or he’ll be grinding up his “6 Figure” dream cars, and figuring out how to saute’ the parts, to feed himself.
Someone keeps referring to Econ 101. There are at least three more years of Economics study to get an undergraduate degree. And it is neither easy nor necessarily intuitive!
Signed,
A one-time Economics major
you hit the nail on the head as the saying goes.this is junk and they are trying to pass it as a nice car.you may be able to get your money back after it is all done the way it should but I doubt it.these cars are going to be banned from driving after the government sticks their noses in the electric cars.there won’t be any of these seen on the road just in the garage and what good is that going to be.waste of good earned money.
Only worth what someone is willing to pay. One man’s junk is another man’s treasure.
I am actually speaking of someone who thinks rational and is more business like, not someone that just hit the lottery or someone that just inherited some money and has been broke all of their life.
No one in their right mind would pay anything for this pile of junk.
This ad wasn’t sent to me personally, but if it would have been, I would have been offered.
I’m smarter than this!
Just my oponion!
I think even the license plate is bent up.
Big block-ish. 4 speed GTO with Air. That guy with the Pontiac fetish that owns Hemmings will probably get it.
I thought the comments on this would never end!
This is my opinion on this car Danny and Yblocker, you’re both right but this is what I’d like to sit in on on these types of sales. What does it finally really sell for? The guy selling this is already clueless. I’ve done three projects like this in my lifetime and me personally have always made sure the body and frame was squared away first before rebuilding the motor or trans. I never did that first just to have it sit around collecting dust. Secondly I’d never rebuild it and reinstall it in a busted up frame when I have a better frame to begin with.
Damn straight: start blasting this thing to get rid of all the cancer and you’ll be amazed at how Little good metal you’ll be left with. And I’m inclined to agree with you about having a true, straight body at the beginning because that’s one less major headache that you’ll have to deal with as the project goes on.
Looks like you are buying a serial #, a few emblems, and a whole lot of rust repair and work…far beyond the capabilities of most of us
When a car like this has obviously been so poorly cared for God only knows what you can’t see. Unless one is simply looking for a donor vehicle, purchasing something in better condition would be the better choice.
Howard, that is the BIG problem and you said it yourself….where cars were given to you or 500 dollars top! No one is arguing or debating that point! However, that was LAST CENTURY, and the market has changed for good or bad and will never be back to those levels again! I like buying pepsi out of the machine for a quarter last century also,,,,guess what? NEVER EVER GONG TO HAPPEN AGAIN! Either make the transition to the NEW MARKET, or stop complaing and enjoy the memories from the past, Take care.
We get it. Last century, econ 101, new market, etc. I don’t think current conditions will last. The folks who like the old stuff are getting older and will eventually die off. Young people just don’t care about our rusty old junk, so, just like with stocks, there will be a large correction or multiple small to moderate correction. You are ignoring the fact that people aren’t rational and neither are markets. I mentioned stocks. What about real estate? When I was young, everyone “knew” that real estate was a solid investment that would never depreciate.
Hi Danny, I realize that, and coming from a younger generation, all this old timer talk is something many younger folks can’t relate to. Like when our folks talked about the depression, we had no idea what it was like. We lived in a world with no internet muddying things up, a simple, more natural time, when interest was stronger than greed. People can’t possibly think these shenanigans will last. There’s no question, GTOs of this vintage are hot and this seller wants in on that before it goes bust, but take it from an old timer that’s seen a lot, it will. The pool of buyers will diminish substantially, once these people buying this stuff get that out of their systems or pass on. My generation may have began messing things up, but it’s going to be the younger generations that cooks it altogether with examples just like this.
Wow just short of stupid crazy. Sure, it was a well optioned goat, was being the key word. I suppose you could use it to build a clone, yeah I said it, the C word. But with all the crazy in the world I suppose nothing should shock me.
These prices are insane! WTH does someone think they have here? Goodluck to the winning bidder! I know for 50k you can find a pretty nice # Match car.
Maybe I’m overly cynical but the only thing that is near market value is the VIN and the engine block, if it is numbers matching.
A clean 67 Lemans is going to become a “real” 4 speed GTO. about the only way to get any kind of return on investment with this vehicle.
To me this car seems too far gone to restore. But obviously some people are willing to pay at least 18K for this rusty Poncho. So go for it. Like Danny said; the market will determine the price. Old coots like me might view this current market as skewed but the old market is not coming back.This is another example of why I like BF. It’s interesting to hear different perspectives.
One sale does not make a market. As an appraiser, I know that there are anomalous sales high and low that are not indicative of the market as a whole. Perhaps this is one of those. I don’t know what the market is for this type of car, but if the seller can get $18,000 or more for it more power to him.
If you watch eBay’s sold listings, you often see the same car relisted one or more times after it was marked sold. I don’t know why this happens. But it reminds me what my former used car manager once told me many years ago: I never believe a car is sold until I see the taillights go down the street.
Well, guess what? This GTO will never actually sell for $18,000.00 either.
These are more than likely not even serious bids?
Being a used car dealer since 1982 taught me a lot about bidding. You probably can’t tell me too much that I haven’t already seen or done numerous times myself. I actually have done this before! It’s called ” jacking up the bid”. It takes two people to manipulate the bidding. If you’re really good, use three people. Then, it doesn’t seem so obvious.
This is not ECON 101, it’s just a manipulation of an auction. It’s actually the bidders running up the bid for their ‘ ole Buddy ‘.
My comments to each and ever one of you is simple, use caution or you might not have a very good Christmas.
I promise, I’m not saying anymore about this particular vehicle.
After all, these are just my oponions!
Can be saved, but you have love it as you can buy better for less than this can be fixed.
I luv the old vs neebies references pkus Econ 101.
One might call it the experienced who know a bad deal versus the pipe dreams of putting this back together with correct metal and not making it a fiberglass “Corvette like” filler car.
To all who feel these cars are not available.. please go to Haggardy website and out in 1967 GTO and scroll to the bottom to the low 50-60 grand for running in great shape vehicles in original form (missing rusted firewalls, frames, interior, paint, floors, and body panels.
Then maybe take some economic and financial classes to understand reality of what this car is allegedly bid upto and then open up a Excel spreadsheet and make a ledger .
When you pass 60 grand and likely end at 80-100 grand including some labor… say hmm the spreadsheet identifies one big take away from an easy analysis.
Its junk, underwater, not worth the vin number and engine.
But alas maybe my experience in restoring cars with current purchases is real (I don’t even have say I have an MBA and a finance background ) 😀.
I think my dog could sniff this and decide to go to a better place and lift its leg.
Only value in this is the VIN tag, trim tag (maybe) and title.
Let your imagination run wild with why only that?!?
Garbage…
Rust In Peace …
Ashtray nailed it. While I’d like to believe there is a legitimate free market of honest demand vs supply, too often the reality is collusion, manipulation and fraud. And even if it is “legitimate”, having investors flood into a market solely for the purpose of quickly flipping for profit creates a big problem when it’s a market like real estate, because this type of demand drives prices up beyond the reach of people simply looking for a roof over their heads. Apologies for taking the conversation beyond the realm of classic cars, but this has become a pain point for me.
ITs called a FREE AND OPEN MARKET FOR A REASON, AND CAPITALISM at it finest! Regardless if the prices go up or down, this takes place every single day in America! From investments in Wall Street, to the increase in your 401, etc., the muscle car industry is no different, and should not be held back from people who want to make profits in one area, but want to roll back prices in another….very, very, hypocritical.
More like capitalism at its worst, if you think about the examples Rtdreep provided. But I suspect you don’t really care because your posts are more about trolling
It seems like the new generation looks at everything as an investment, and think that they’re being prudent. For some reason, they think it’s a “prudent investment to buy a Honda Civic, change the camber and toe-out, and put a monster sound system in so they can hear their thump-thump over their tin can mufflers. Now there’s a great investment!
GTOs started the muscle car movement, and are one of the most beloved cars of our generation. Believe it or not, there are REAL car enthusiasts who don’t buy a car as an investment, but because they want to save a dream (or a wonderful memory) rom their youth. Once it’s gone to the junk yard, it’s gone.
If you’re so worried about your investment, buy it restore it and wait 25 years, because the sale price will have doubled or tripled.
Oh good title
The left side frame is not cracked, it has rotted away. Start trying to remove bolts from this shell, the “restorer” be left with piles of rust and scale on the floor, because that’s pretty much what this is. As bad as the rot is where it can be seen, how much worse is it where it cannot be seen? Even the cowl is rotting away.
Sure, there are those who are stubborn who like to prove that something can be done, but at what cost? This thing is a fool’s errand, and the bids so far are just searching. Guarantee the “winning bid” does not come through with payment.
Wow photo 28 on eBay is just scary I love 65-67 GTO but this one really disintegrated but I guess more power to the seller if he can find a sucker willing to pay that but that is way out of my realm of thinking
I’m 65 and haven’t given up yet. One way to hedge inflation is to keep some cars around so yours go up with every body else’s. I have 285 setting in the yard and most of them look the same as when I bought them as they don’t rust very fast here in Montana. Most are always up for sale and I always look for more good deals to keep the stock up. But yes, it is stupid to pay too much for rust buckets.
Already three high bid cancellations on this Titanic.
High bid is ONLY $13,299 as of 5 minutes ago…………
Whatever the final bid will be is only for the VIN tags that will wind up on a cloned lemans
That bid history says a lot as well: 16 bids with one retracted and the other 15 cancelled.
They all jumped in on it thinking that this thing was an opportunity and then took a hard look at what’s really sitting there: seeing that it was a waste of time every one of the bidders bailed.
So much for the new economics 101 mentined above,…
Funny too that nearly all the bidders withdrew or canceled at exactly the same time, 3:43 PM 21 December,…
@NEMike,
ECON 101, THE PEANUT GALLERY, out of touch ‘Old People’, You Guys Are Living In The Past to mention a few.
Just my added comments!
As my dogs go ruff when they bark.That’s a ruff one. I think the gas tank is falling out in one picture!
Sounds like those were maybe schill bids by seller or friends? Just saying kind of a coincidence they all pulled out within an hour ? Now maybe we see what the REAL market price is
I would be in at $1500?
Agreed.
I might go as high as 2K though, the numbers matching stuff would be good value for a LeMans clone as was mentioned above.
The ad was removed from eBay: This listing was ended by the seller on Thu, Dec 21 at 3:43 PM because the item is no longer available.