NEW! Award 120: 1976 Pontiac Bonneville – NOW $43,500

by | Jun 2024 | Craigslist ClassiFINDS, Malaise Monday, NEW Award

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June 14, 2024 Update – The seller of this ’76 Pontiac Bonneville four-door hardtop we’ve been tracking since November 2023 replaced their expired Craigslist ad with a fresh listing.  While the description and pictures carry over, the seller raised their latest asking price from $43,000 to $43,500. While not as high as their original ask of $49,987, it’s still quite optimistic in this softening market.

May 12, 2024 Update – The seller replaced their expiring Craigslist ad with a fresh listing.  The pictures, description, and overly optimistic $43,000 asking price all carry over from the previous listing.

April 9, 2024 Update—After five months without a sale at the old asking price of $49,987, the seller of this 1976 Pontiac Bonneville we’ve been tracking since November 2023 lowered their asking price to $43,000. While the lower price is a step in the right direction, it will likely still be too optimistic for many potential buyers.

April 1, 2024 Update – After sitting the better half of February and March, the seller elected to post a fresh listing of their very optimistically priced 1976 Pontiac Bonneville. The pictures, description, and odd asking price all carry over.

February 19, 2024, Update – While the seller of this “ClassiFIND”  recently deleted their Craigslist ad, given their extremely optimistic asking price of nearly fifty large, we’re not convinced this Bonneville really sold.  For now, we’re labeling this ride “Sold?” However, we will keep an eye out for an updated listing.

February 2, 2024 Update – The seller replaced their expired Craigslist with a fresh Craigslist ad. While the wildly optimistic asking price remains in place, the seller provided a whole new set of pictures as well as detailed description rationalizing why they are asking so much.  Here’s their rationale: “The book value is nearly a guide and in most cases on classic cars the book is wrong. I have been a dealer for two decades and never used the value guides to operate. This is a very special car, extremely rare, well documented and in near perfectly restored condition. In other words its like a unicorn, irreplaceable! There are no comparables for a book to value it. Even if you were given the car, the cost of the restoration this car has would far surpass the asking price we have on it. Making this a true bargain.”

January 1, 2024 Update – The seller replaced their expiring Craigslist ad with a fresh listing. The pictures, description, and completely out-of-touch $49,987 asking price all carry over.

In General Motors’ (“GM”) storied history, 1976 stands out as a milestone model year for many reasons.  The only convertible in GM’s lineup that year was the Cadillac Eldorado.  Most notably, it was the final production year for the largest full-size body on frame, “B” and “C” body offerings by all of its divisions save for GMC Trucks. When GM launched its first line of “downsized” automobiles for the 1977 model year, gone were the availability of a four-door pillarless hardtop and the availability of “Big Block” V8s in its full-size line-up.

Thus, any 1976 GM Full-Size model, especially the four-door hardtop models, is somewhat desirable. I say “somewhat,” as prices have not risen much in the nearly fifty years since they were built.  Tell that to the seller of this metallic gray over beige cloth 1976 Pontiac Bonneville for sale, first spotted on Craigslist in Houston in November 2023. Their four-door hardtop features what appears to be a fresh repaint and a redone black full vinyl top.

The seller does not mention what size engine their Bonneville features, so more than likely, it’s equipped with the 400 cubic inch V8 that came standard that year.  Not only does this Bonneville feature a detailed undercarriage, but the seller notes that all of the braking and suspension components have been replaced, and the automatic transmission has been rebuilt.  As nicely redone as the exterior, suspension, and HVAC suspension are, this Bonneville’s interior slightly disappoints by featuring a cracked dashboard and faded door panels in an otherwise nicely preserved interior.

Sadly, the seller’s asking price of $43,500 (the original ask was $49,987) is completely out of touch with market realities. Classic.com, the analytics and search engine for the collector car market, confirms the ask is nearly twenty thousand dollars higher than the best sale in the past five years for another ’76 Bonneville.  By clicking on the green dots in the graph below, you can get a sense of what comparable examples sold for recently:

As a second data point, the  Collector Car Market Review Online Tool reveals the seller’s ask is $36,000 higher than this guide’s #1 “Excellent” appraisal of only $13,700. As a third data point, the downloadable 2023 Old Cars Price Guide Big Book also confirms the seller’s is well below this guide’s #1 “Excellent” appraisal of $13,500. We note that the Hagerty Insurance Online Valuation Tool does not even list values for the 1976 Pontiac Bonneville.  With three pricing sources showing values for these cars over thirty thousand less than the asking price, we have no choice but to give the seller our latest “NEW!” (short for “No Effin Way!”) Award for offering a classic car at a price that’s completely out of touch with the market and the economy, for that matter.

The 1976 Pontiac Bonneville Four Door Hardtop represents a classic American automobile from an era that prioritized size, comfort, and style. This full-size sedan, part of the seventh generation of Bonnevilles, showcases the distinctive design and engineering elements that defined Pontiac during the mid-1970s.

The exterior of the 1976 Pontiac Bonneville Four Door Hardtop reflects the prevailing design trends of the time. The car boasts a long, sleek profile with prominent horizontal lines, contributing to its imposing presence on the road. The four-door hardtop configuration eliminates the traditional B-pillar, creating a seamless flow from front to rear and enhancing the car’s aesthetic appeal. The Bonneville features a wide, chrome-accented grille that complements the quad rectangular headlights, a signature styling element of Pontiac vehicles in that era. The distinctive “waterfall” grille design gives the car a bold and recognizable front-end appearance.

The Bonneville Four Door Hardtop utilizes a body-on-frame construction built on a perimeter frame. This design provides a robust and durable foundation for the vehicle while allowing for the distinctive hardtop styling. The absence of the B-pillar contributes to the car’s aesthetics and enhances structural integrity. The frame is constructed with an emphasis on rigidity and durability, ensuring a smooth and stable ride.

Under the hood, the 1976 Bonneville is typically equipped with various engine options, including V8 powerplants that were prevalent during this era. The engine lineup may include the 400 cubic inch (6.6L) or 455 cubic inch (7.5L) V8 engines. These engines, mated to automatic transmissions, provide the Bonneville with ample power and torque for highway cruising. While the emphasis was not on outright performance, the Bonneville delivers a comfortable, relaxed driving experience ideal for long-distance journeys.

The interior of the Bonneville Four Door Hardtop is a showcase of American luxury from the 1970s. The cabin is spacious, offering generous seating for up to six passengers. Plush bench seats upholstered in cloth or vinyl provide a comfortable and supportive environment for front and rear occupants. The dashboard features a symmetrical layout focusing on driver-centric controls and instrumentation. Woodgrain trim and chrome accents add a touch of sophistication to the interior.

Luxury features abound, with options including power windows, air conditioning, and a variety of audio systems to enhance the driving experience. The Bonneville was designed to provide a smooth and quiet ride, and additional sound insulation contributes to a serene cabin environment.

In terms of safety, the 1976 Pontiac Bonneville incorporates standard features for its time, including front disc brakes and a dual master cylinder braking system. While not equipped with modern safety technologies, the Bonneville prioritizes a solid, well-engineered chassis to provide stability and control. The suspension system is tuned for comfort, offering a smooth ride over various road surfaces.

The 1976 Pontiac Bonneville Four Door Hardtop represents a classic example of American automotive design and engineering during the mid-1970s. Its combination of distinctive styling, spacious interior, and V8 powerplants encapsulates the spirit of the era. Today, the Bonneville remains a sought-after classic car, appreciated by enthusiasts for its nostalgic charm and the embodiment of a bygone automotive era.

The Osborne Tramain YouTube Channel features this 1972 Pontiac Bonneville commercial extolling the virtues of the new five-mile-per-hour front bumper:

Unfortunately for the seller, we believe the asking price reflects what they have in their 1976 Pontiac Bonneville four-door hardtop for sale, ignoring what these cars are selling for. Be patient if you have your heart set on owning a ’76 Bonneville. Either the seller will realize they need to come way down on their asking price or another example for sale will come along soon enough.

If you are serious about buying this Bonneville and think it’s worth what the seller is asking, you can start the conversation by using the contact information in their Craigslist ad.  When you connect, please mention that you saw their Pontiac four-door hardtop featured here on GuysWithRides.com. Good luck with the purchase!

This is the seller’s most recent ad description:

“This Bonneville has minimal characteristics of a restomod with mild upgrades to the exterior and drivetrain. Interior kept in original classic condition.

Here’s a 1976 Bonneville painted in a custom dark grey metallic. Car was built to cruise and highway drive all while retaining a presentable classic appearance. Complete front end rebuilt with MOOG suspension parts. Transmission rebuilt along with drive shaft. Full service to rearend, new brake lines, calipers/rotors, cylinders and bearings. All new A/C and heater components. Walker exhaust. 4-core radiator, new upper/lower hoses and performance water pump. New performance fan clutch. Holley Electronic Fuel Injection (EFI) 2GC with stainless steel gas tank and fuel lines. External fuel regulator installed. In-dash mid drivers and rear 2 6x9s have been upgraded to Focal. Beautiful Pioneer 10inch radio with android and apple CarPlay (factory radio retained) rest just below the dash. Compustar remote start and security system with DroneMobile (GPS tracking, alerts sent to cellphone). Window film provide 99% UV rejection. Original carburetor included for easy reversion from fuel injection.

The book value is nearly a guide and in most cases on classic cars the book is wrong. I have been a dealer for two decades and never used the value guides to operate. This is a very special car, extremely rare, well documented and in near perfectly restored condition. In other words its like a unicorn, irreplaceable! There are no comparables for a book to value it. Even if you were given the car, the cost of the restoration this car has would far surpass the asking price we have on it. Making this a true bargain Please contact me if you have questions. Thank you for looking!”

Here’s the seller’s original description:

“Selling a 1976 Pontiac Bonneville. Overall, it is a very well-kept car.

Normal Engine tuneup
-New distributor cap/rotor
-Holley Electronic Fuel Injection
-New fuel tank
-Transmission rebuilt
-Drive shaft rebuilt and balanced
-Suspension rebuilt with all Moog parts
-The brake system rebuilt
-New cooling system (water pump, hoses, four core radiator)
-New A/C system

Let me know if you have any questions

Thanks for looking.

Yea or Nay: Do you agree with our pricing assessment of this 1976 Pontiac Bonneville for sale? Please comment below and let us know!

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