Photo: Bogdan Popa/autoevolution/eBay seller smittys_speed_shop
GM improved its engine offerings with a 389-stroke version. The new 400ci unit launched alongside power front disc brakes, a dual master cylinder, and a dealer-installed kit that allowed GTO buyers to get the (still) desirable Ram Air.
The GTO could be chosen with four engines and the big news was the debut of the 360 horsepower HO configurations.
Despite all these changes, GTO sales declined from the previous year: Pontiac delivered only 81,000 units.
One of the convertibles that rolled off the assembly line in 1967 ended up on eBay a few days ago, because seller smittys_speed_shop says it might be too old to care for a GTO. He says he bought the car from the original owner eight years ago and “only drove it a little bit,” with the GTO sitting in a garage until last spring.
The car is a true GTO (note the 242 code in the photos) and still has the original carburetor and other parts in the trunk. It is not necessarily in its best condition, but it is far from a rust bucket, which is why it is important to stay even after checking out the first few photos. You should not judge this GTO by the first few photos and I think the car deserves an in-person inspection, especially if you are interested in a full restoration.
This convertible doesn't appear to have any major rust issues, but I'd still put the car on a lift and check the underside. If possible, order a third-party inspection before bidding, especially since it's unclear what's going on under the hood. The owner says the V8 ran last year, but its current condition is unknown. A good mechanic should be able to quickly decipher the entire mystery under the hood.
As a true 242 GTO, this convertible deserves a full restoration, but the first question should be how original the car is after all these years. It certainly looks better than many GTOs I've seen lately, and if it's 100% original, it could qualify as a collector's item that would sell in a heartbeat if restored and priced right.
In the meantime, the GTO needs a new home to receive this long-awaited makeover, with the owner willing to let it go for $30K. They’ve also enabled a Make Offer button on eBay, so you can contact them with an offer if you’re interested in the car. The GTO is currently parked in Tooele, Utah, and you’ll need a trailer to haul it home.