Car of the Year: 1968 Pontiac GTO Convertible 14K Miles – Sold?

by | Aug 2021 | Classifinds, Topless Thursday

September 16, 2021 Update – We just confirmed the listing for this GTO “Classifind” expired, so with no replacement found we’re assuming this ride “Sold?” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.

Pontiac’s redesigned GTO muscle car was Motor Trend’s Car of The Year award recipient for 1968, and this restored 14K original mile April Gold over Parchment example originally listed in August 2021 on Craigslist in Denville, New Jersey is a very nicely optioned example offered at $38,000 currently. Comparing that price against the Hagerty Insurance Online Valuation Tool confirms the private seller has their “Goat” priced between this guide’s #3 “Good” estimate of $30,400 and its #2 “Excellent” appraisal of $62,000. Similarly, the  Collector Car Market Review Online Tool confirms the seller’s ask falls between this guide’s #3 “Good” estimate of $33,500 and its #2 “Excellent” appraisal of $43,000. Both guide’s prices shown need to be adjusted for several options featured on this car.

The Hagerty Insurance Online Valuation Tool provides a nice summary of the 1968 Pontiac GTO:

“Pontiac drastically redesigned the Tempest/LeMans/GTO line for 1968, with a new shorter 112-inch wheelbase for the 2-door models and the fashionable long hood-short deck treatment. The 1968 Pontiac GTO received hidden headlights and an energy-absorbing body-colored polyurethane front bumper.

GTO sales rebounded to 87,684 units, with 77,704 Hardtops and 9,980 Convertibles. The two-door post Coupe was dropped. The base engine was the 350 bhp, 400 cid V-8, and although a 255-hp version with a two-barrel was available as a step-down option, few chose it. The 350 bhp four-barrel engine was available with an automatic transmission or a 3-speed or 4-speed manual gearbox.

Real die-hards spent $342.29 for the Ram Air cold-air intake engine which was replaced mid-year by the Ram Air II. Ram Air II came with forged pistons, a forged crankshaft, and ported cylinder heads. It wasn’t available with air-conditioning, and only a 4.33:1 rear-end gear was available. Safe-T-Track was mandatory for an extra $63.19.

The dash was redesigned with three pods. The left gauge showed oil, charging and coolant temperature lights, and the fuel gauge. The speedometer took up the center space, and the right gauge could either be an 8,000 tachometer or a large rally clock. Hood tachometers were also available.

Motor Trend voted the 1968 Pontiac GTO “Car of the Year” and tested a 350 bhp GTO with an automatic transmission. It recorded 0-60 in 7.3 seconds and a 15.93-second quarter-mile at 88.32 mph. A Ram Air I car with a 4-speed cut that to 0-60 in 6.5 seconds, and a quarter-mile in 14.45 seconds at 98.2 mph, while Car Life managed 99.7 mph at the end of the drag strip and a top speed of 112 mph.”

The US Auto Industry YouTube Channel features another cheesy TV commercial featuring the ’68 Pontiac GTO:

The combination of low original miles, full completed restoration, and a nicely optioned example at a very fair-for-the-market price make this GTO a tough example to beat.

Here’s the seller’s description:

“Numbers matching. %100 Rebuilt and remapped with original parts. This beautiful Numbers Matching Pontiac GTO Convertible is looking for a new owner. Coming in April Gold with an Ivory White Top and Gold/Parchment interior, this beauty is a stunning example of vintage American craftsmanship. Move into the big leagues with a V8, 4-Speed Manual Transmission, all in a classic car with under 14K miles. Options and Accessories, you ask? Radio – AM & FM, Rear Seat Speaker, Door Edge Guards, Retractable Headlamp Covers, Remote Control Outside Mirrors, Rally Wheels, Custom Sport Steering Wheel, Electric Clock, Wonder Touch Powersteering, Front & Rear Floormats, Console, Horn, Dual Exhaust, Glovebox/Ashtray/Courtesy Lamps, assembled in Baltimore, MD. Model #2426

Show or go: what would you do with this restored low-mileage GTO?  Comment below and let us know!

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