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Like-New 2004 Pontiac GTO Could Be A Future Collector’s Item

In the early 2000s, then General Motors chairman Bob Lutz sampled a VZ Holden Monaro and was so impressed with the sleek, low-slung muscle coupe that he went on a campaign to convince GM’s top brass that it was the perfect product for its North American customers. He eventually won them over and GM launched the Monaro in the United States and Canada for the 2004 model year, marketing it under the iconic Pontiac GTO nameplate.

A strong Australian dollar and other logistical headaches forced GM to price the reborn Pontiac GTO at a much higher point than it originally intended, leading to lower than expected sales. While the GTO was never a runaway sales success, its status as a low-volume, rear-wheel-drive muscle coupe from a now-defunct brand has made it a fairly desirable car among enthusiasts these days.

This 2004 Pontiac GTO, which is currently for sale at Motor Car Classics in Farmingdale, New York, is a perfect example of this relatively obscure two-door being offered for what we think is a reasonable price. This car is 1 of just 271 2004 Pontiac GTOs finished in Barbados Blue Metallic with a six-speed manual transmission and has just 489 miles on the odometer, so it’s practically brand new. The cabin, finished in Anthracite (black) leather, is also in near-perfect condition and comes with the original Blaupunkt head unit and 10-speaker audio system.

Apart from the aftermarket 18-inch wheels, the car is completely stock. That’s fine by us, though, as the GTO made a respectable 350 horsepower from its standard GM 5.7L LS1 V8, helping it accelerate from 0-60 mph in 5.3 seconds and complete the quarter-mile in the mid-13 second range.

The dealership is asking $32,900 for this like-new 2004 Pontiac GTO, which isn’t far off the car’s original MSRP of $31,795. We think a car like this will hold its value quite well and could even go up in value one day if the new owner takes care of it, so this could be a decent opportunity for a collector. Check out the listing at this link for additional information and photos.

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Sam McEachern: Sam loves to write and has a passion for auto racing, karting and performance driving of all types.

View Comments (34)

  • I have a 2006 silver GTO sitting in my garage with 12,000 miles on it. With the long stroke 635HP LS2-402 I can get 28MPG on the highway in sixth gear. Lots of suspension and drivetrain features as well as tubbed rear wheel wells. With 255 series front tires and 295 series rear tires it handles real well. Too bad it doesn't have the kewl electronic features of a new Camaro.

  • I have a 2005 GTO ls2, 6-speed, 76,000 miles, torrid red, with the red and black leather interior. that's the best color combo for a GTO sports car. The automatic gets 10 mph less than the 6-speed, that;s why there was a gas guzzler tax on automatics, not sticks. I bought new and sold my 1969 GTO Judge, Carrasel Red-Orange. Black int. 4-speed, 3:90 posi with the RAM AIR IV engine with 42,000 miles, in 2001 for $45k sight unseen. Probably worth $120 to $150k today. Its was a great car to sit in the garage. The newer GOATS are a different bread for sure, better road car for ride and handling. I will sell my 05 for $17,500 out the door no tax for private party sale, here in dry Arizona. Always garage keep, needs nothing, must let my prize car go now as i'm buying a new home. If your interested i'll send pictures. 928-577-2368 or 760-917-4430

    • Dear Lord, someone screenshot this for posterity. This man sold a 69 GTO Judge Ram Air IV for a Holden with GTO badges.

  • I have a 06 GTO and anyone saying it did not deserve the GTO badge is crazy. Best 0-60 time I've seen is 4.3 seconds. These cars are fast. Its a little heavy at 4200 lbs. but you can't have it all. O yes the T56 6-speed manual behind the ls2 is magic.

  • I bought both new and still own a 04 GTO and a 09 G8GT. No issues with the GTO LS1 but the G8 GT (L76), at 52k, It had issues with cam shaft / bearings. GM covered half the cost of the repairs, which also included lifters, oil pump. Also, the G8 had multiple tie rods issues. I have replaced, upper and lower three times. I still enjoy driving them and they both remain tight and rattle free.

  • Those cars---particularly the 6-speed-manuals---will eventually be collector cars providing they remain original.

  • I'm the original owner of a 2004 GTO. Bought it brand new at the end of the 2004 year for the price of a Chevy Cavalier. It's like having a 4 seat Corvette. Barret Jackson 2004 sold for 23,000 and 2006 for 28,000. They will be future collector cars. Give it time.

  • If I were looking for another one, I’d be on the hunt for an 06. Having had an 04 and an 06, the 06 is an improvement. More power and better balance. For certain, neither were the same as my 64 Goat was, but that is evolution. Each were great cars on their own but different. Sort of like my 71 LT1 Vette and my 02 Z06. Both are Corvettes, both are fast, but vastly different. It’s called evolution. Live with it and enjoy.

    • Very well said ACZ! At the end of the day the new GTO is a manual trans rear wheel drive V8, that alone makes it a worthy successor. Go drive a 4th gen Camaro/Firebird and then get in a GTO, the difference in quality and comfort is huge. While an LS2 model is preferable, I don't think there is any shame in picking up a 2004 if it's clean and we'll sorted, the LS1 is still one heck of a motor and is easily modified if you want more power....just don't pay anywhere close to $30k, haha

  • No to this 2004 model. The 2005/2006 model with the LS2 is the one to have, especially considering the ridiculous price the dealer wants for this one.

  • I had a G6 GTP 3.9L Auto with a sun/moon 4 piece roof, and 83K on it. To me it was a well made car, with a fair amount of torque to get it up and moving at a good clip! Now I'm thinking on getting a G8GXP, and of course with the 6.2L Auto in Black or Dark Blue. Or maybe just a GOTE with the same same! Any recommendations for me? Thanks

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