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1968 Pontiac GTO, Rust issue, and price help!
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MuscleHead
Novice
Jul 4, 2014, 4:39 PM
Post #1 of 6
(2931 views)
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1968 Pontiac GTO, Rust issue, and price help!
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Year of vehicle - 1968
Make of vehicle (Ford/ Chevrolet) - Pontiac
Model of vehicle ( Taurus/ Cavalier) - GTO
Engine size (2.0/ 5.7) - 400ci
Mileage/Kilometers - Unknown
So here is my issue I am about to buy this GTO, I want you guys to do 2 favors for me if you can, 1 give me a price range like what is would be worth in its current condition, and 2 what its gonna cost me or what it will take to fix the rust issue that I can tell from the current pictures... Thanks again guys I will list the info I know on the car and then the pics just let me know what you think.
- Its a running project factory car
- 4-Speed manual
- Has a rebuilt 400ci engine
- 390 Rear Poise
- Low miles
- Also comes with a new fiberglass hood
    
Thanks in advance for the help can use anything you can give me!
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Tom Greenleaf
Ultimate Carjunky
/ Moderator
Jul 4, 2014, 11:31 PM
Post #2 of 6
(2904 views)
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Re: 1968 Pontiac GTO, Rust issue, and price help!
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Oh my! Rust wise at a glance not so bad. Prices for labor could be all over the place.
Overall I would call this a parts car and not even sure it's a GTO at all as rear 1/4 panel shows emblem for a LeMans (hole) for it anyway.
How serious do you want to get with a car anything like this? It's missing a lot of "bright-work" moldings etc., as if it was part way to get paint or IDK so more research on what this is will matter on value.
Matter what you want out of it. If looking to make a buck on the thing I doubt it or if to make it a fun old muscle car and who cares about originality not bad to start with at a glance.
Wheels, tires, moldings, chrome anywhere, emblems, RUBBER for windows/doors and all thru are costly.
Plenty of this whole game is IDK for values and costs. How much of it YOU are going to do matters tons too. If you farmed all this out to make it a good looking car again and so far unknown what it might need to run well you still need to know more about the car but would be costly.
Rusted metal alone doesn't look that bad to me with the pics shown is about all I can say,
T
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MuscleHead
Novice
Jul 5, 2014, 10:36 AM
Post #3 of 6
(2883 views)
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Re: 1968 Pontiac GTO, Rust issue, and price help!
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"Oh my! Rust wise at a glance not so bad. Prices for labor could be all over the place. "
So the rust isnt that bad? Is it worth $6500? I feel that in the end its going to cost me an arm and a leg for this one the only good thing is it runs and comes with a new hood and front bumper but I dont want that rust to screw me over in the long run.
"Plenty of this whole game is IDK for values and costs. How much of it YOU are going to do matters tons too. If you farmed all this out to make it a good looking car again and so far unknown what it might need to run well you still need to know more about the car but would be costly. "
Well I really want it to just be a daily driver and a sleeper for street races (We have some here occasionally) so exterior I just want the rust gone other than that I dont want it to be pretty just to be able to withstand weathering, so weather strips are needed I guess to but let me know if this car seems worth it for $6500.
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Tom Greenleaf
Ultimate Carjunky
/ Moderator
Jul 5, 2014, 11:05 AM
Post #4 of 6
(2879 views)
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Re: 1968 Pontiac GTO, Rust issue, and price help!
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Values are always what a willing seller and willing buyer agree on whether it makes sense or not or whatever it is.
Do your homework. Chase down its VIN # and find out some history on it if you plan on spending some bucks then more basically most of the time you want to looooose the least amount of bucks possible. It's hard to make bucks on classics or antique cars as the market is moody.
Muscle seems in right now. Could lose favor in no time too. Find out or look over and join a GTO club. Look now for silly parts and see what's available for this. IMO the whole game is emotional more than mechanical with this stuff and if you love the fricking thing go for it.
Do make sure it's not just a LeMans which is fine but priced that way. Have or can you drive it? These cars get/got beat on a lot and just because it runs at all doesn't mean it's all good now. Engine paint is cheap and was a bit hacked for some other things if you care. Buyers do.
Think of the day you are the seller now!
Check prices of ones already done in "turn key" condition vs this one too.
Rust is always a b*tch or killer. That one by pics appears like the metal is still there not rotted and gone which helps.
If it helps find a local car club and ask around. Go to some car meet someplace and meet some folks all should love to talk about the cars they are showing off and probably know who does what in your area also.
In short I can't put a value to it or decide for you at all. Always your call. I just suggest that you can afford it and have a place to store it as if outdoor storage is your only choice don't even get into it as it will go to hell in no time if so,
T
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nickwarner
Veteran
/ Moderator
Jul 5, 2014, 2:25 PM
Post #5 of 6
(2873 views)
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Re: 1968 Pontiac GTO, Rust issue, and price help!
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At $6500 walk away. This body needs all new rear quarters from dents and rust. It basically needs a full restoration. Its not the rust you can see that screws you, its what you can't. If this has so much rust on the outside, you'll be welding in a LOT of steel to fix it once you strip it down and find the rest of the story. Since you aren't doing the body work yourself, you'll be putting more money into this than it will be worth. If you really like the car and are willing to handle the fact that this will be a money pit, go ahead. If you are thinking of this as some investment that you will turn a profit on, forget it.
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Discretesignals
Ultimate Carjunky
/ Moderator
Jul 6, 2014, 2:27 AM
Post #6 of 6
(2859 views)
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Re: 1968 Pontiac GTO, Rust issue, and price help!
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That would be a good car for a experienced body man to buy that has time for it. Buy it for $6000, repair all the panels and rust and then turn around and sell it for $30,000 or more.
The problem your going to have is finding a good car restoration body shop that won't take you to the cleaners or have the car sitting in the corner of their shop for years because no one wants to make a living off doing body work on old cars. Most body men that make a living want easy collision jobs that require replacing panels or doing easy work that gets in and out of the shop.
You may be looking at $10K and probably more. A lot of hours to fix that up. Like I typed, the hard part is finding the right restoration shop that won't shanghai you. If you don't have the money to invest in it, walk away. You'll be saving yourself a ton of heartache.
Since we volunteer our time and knowledge, we ask for you to please follow up when a problem is resolved.
(This post was edited by Discretesignals on Jul 6, 2014, 2:36 AM)
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