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GTO values & anything else GTO related
The 1965-67 GTO is the perfect size for my needs for a 60's convertible cruiser. It has terrific style, plenty of ooooh & ahhhhh factor, good power, can seat 4 comfortably, but is not a land yacht. Furthermore, Pontiac made a ton of these things so availability (cars & parts) is not a huge issue.
BUT, the market puts a premium on these for reasons we can all pretty much identify with. However, dealers are the worst offenders when it comes to asking prices (what a shock).
Value guides suggest that a good #2 64-67 GTO has a value in the range of $20,000 to $25,000 depending on options. However, I've seen dealers asking around $34,000 to $36,000+ for nice (non-RAM Air) '67 GTO convertibles.
Can anyone tell me if classic car dealers (and I'm talking about the good, reputable ones - there are some aren't there?) are ACTUALLY GETTING $35K +/- for a non RAM Air '67 GTO convertible?
NOTE: I tend to use #2 pricing since I've been told and have read that #1 generally refers to museum quality cars and would most likely not be daily drivers (which is what I want).
Has anyone purchased a very nice mid-60's GTO lately? If so, do you mind sharing what you paid (and for what)? Was the seller a dealer? If I offered $15,000 to $20,000 for a '67 GTO convertible that has an asking price of $35,000, would I be immediately escorted off the dealer premises by armed security personnel? ;-)
As always, am looking forward to comments from one and all.