Classic Car Auction of Toronto - Spring

Lot : SP96
1967 Pontiac GTO Convertible

Offered Without Reserve

Auctioned on Sunday, April 5, 2009

Sold at $39,050

    In late 1963, John DeLorean and his engineering team developed the GTO as a performance option for the lightweight Pontiac Tempest, circumventing GM’s prohibition of engines over 330 cubic inches in their intermediate models. Powered by a tuned 389 cubic inch V8 engine, the GTO combined great acceleration, aggressive handling, and handsome styling. The GTO option attracted 32,540 buyers in 1964, and according to legend, Pontiac received 5,000 orders before the GM brass even learned of the car’s existence!

    By 1966, the GTO was elevated to series status and received a handsome restyling, featuring “Coke bottle” lines. The standard 389 cubic inch engine was tuned to belt out 335 horsepower, and the Tri-Power option bumped output to 360 horsepower. A feared competitor on the street and dragstrip, the GTO was a huge success for Pontiac, with 1966 sales reaching a high of 96,946 units. For 1967, engine displacement was increased to 400 cubic inches, and while Tri-Power was dropped, horsepower ratings remained unchanged. While many competing automakers responded with their own mid-sized performance cars, the GTO was the standard against which all others were judged.

    Nicely restored in Rally Red with a matching interior, this very attractive 1967 GTO Convertible is well equipped with a four-speed transmission, bucket seats, and Rally II wheels, as well as a radio, power steering, power brakes and a power top.