The 1966-1967 Pontiac GTO is one of the vehicles that classic car insurance company Hagerty believes will go up in value over the next 12 months.
Hagerty this week published its 2022 Bull Market List, which lists the various enthusiast cars and trucks that the company’s market experts have predicted will increase in value over the next 12 months. The company believes the 1966 and1967 Pontiac GTO will go up in value due to its status as the first-ever muscle car, its handsome exterior styling and its sought-after available “Tri-Power” carburetor setup.
Hagerty also says the market for these vehicles has been mostly flat in recent years – which is a sign of an inevitable spike considering their overall desirability among classic car aficionados.
“There will only ever be one original muscle car, and the GTO is it,” the company says of the first-generation Pontiac GTO. “For 1966, the car received a styling update that ushered in the ‘Coke bottle’ shape. That year was also the last to offer not only the 389 V-8 but the factory-optional ‘Tri-Power’ carburetor setup. Although prices have been flat, they are starting to heat up, and now might be the time to buy.”
According to Hagerty’s own online valuation tool, a 1966 Pontiac GTO two-door coupe with the four-barrel carb in “Concours” condition is currently worth about $59,400, while models in “Excellent” condition are worth about $49,400. A vehicle in “Good” condition is worth just $25,500.
Handy GM fans may want to find an example in less-than-stellar condition so they can perform their own repairs and restoration work, which could help maximize the profit margins if they went to re-sell the vehicle in the future. Hagerty sees 1966-1967 Pontiac GTO models with certain desired options that are in like-new condition selling for over $100,000 by the end of 2022, so there’s definitely some money to be made in flipping a GTO.
In addition to the first-generation Pontiac GTO, the 2022 Hagerty Bull Market list also listed the 1965–70 Cadillac DeVille as a classic that is set to spike in value over the next year or so.
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Comments
I’ll get flamed but this bodystyle of big-butt and small backseats don’t chive by me. I’m sure it’s going to fetch Hemi prices one day…
Ever since I saw the Monkee Mobile I always wanted one! Liked the 67 though because of the rocker panels giving it a coke bottle skinnier look!
1967 GTO was my first car. Wish had kept it but that was meny years ago. Traded it in for a 1970 GTO. My bad!!
I LOVED my 67 goat!!! Got married and the rest is history. I should have divorced her right away!!!
1965 should have been included way cooler rear taillights!!!!! If your looking to make money be careful!!
What do you think a 65 Parisienne with a factory numbers matching 409 be worth
They didn’t come with 409″s
A 1965 Pontiac Parisienne most certainly could have come with a 409
67 GTO was my 1st car also. Sold it when I went into the Marines. It’s one of 2 cars that I wish I hadn’t gotten rid of. 67 , 400 motor ,auto maroon with a black top
Beautiful cars. Like The ’66 tail lights but the ’67 grille is a little nicer.
I have a 1967 LeMans convertible project car stored inside my barn. Same body as the GTO, but with different trim & engine. Hopefully the 1967 GTO’s climb in price will also lift my LeMans’s value as well.
The 66 GTO was the 389 c.i powerhouse with the factory tri power. No other amenities. The 67 was the 400c.i mill automatic trans with all the bells the 67 was the beauty. The 66 was the beast.
Just finishing the restoration of my numbers matching 66 GTO, doesn’t have the six pack but this car is beautiful, might have to sell it
Mike it had a tri power.
Not this one Dan, unless you know something I dont
389 tri power was standard on the 66.
4spd standard. No power brakes. No power steering. No air conditioning. You got a radio. Wipers, and heater. And lapbelts.
Yes Dan, all that applies to my car, the only power thing it has is the antenna, I’m waiting on a PHS document on my car, just sent away today
I’m losing respect and regard for Hagerty.
The I know DATA has to change. Data dosen’t have a bearing in personal attachment!!! This country is loosing there best assets OLD PEOPLE!!!! CHEERS and think about it. From Route 66.
Yup!!!
Good luck Mike. The manifold and carb probably was taken off of a 389 grand pri.
The power antenna could have come from a 67. But probably aftermarket.
Best wishes and good luck
409s stopped production in 65 so they very well could have been in a Bonneville in 65 or early 66 but not in the Goat
Canadian Pontiacs used Chevy engines and transmissions – entire chassis (Parisienne, Beumont (Chevelle), Acadian (Chevy II)). No American Pontiac of any type in the 60s was fitted with a Chevrolet V8 engine or chevrolet built powerglide. Pontiacs used Pontiac V-8s. The two speed automatics in the 326 and 350 powered Tempest, Tempest Custom, Tempest Lemans, Firebird through 1969 were Buick – built M35 Turbine 300s with some exceptions such as the 350 HO engine in 1969 or Firebird 400 models, which used a turbohydramatic 400 or variant in the case of a Firebird 400. GTO used this automatic transmission in 64, 65, 66 too. 1967 was the first year of the GTO using the M40 turbohydramatic 400 and Pontiac 400 V-8 engine.
Isnt Morganville located next to Hawaii kenya?
Looking like communist dumbocraps and anti American feminists disgraced this conversation.
Dan,
Wow glad I have a lot more to do than watch the puter screen. I thought we were talking about false values on quality cars or was I missing something? Data from this year is only from this year. Hagerty needs to put more Heart and Soul into there writes!!!! Data is for micro management and I’m sorry mental midgets!! More to follow now you have me going. CHEERS and best to positive forward thinking. This Me first World has to end.