Over three years ago, GM Authority reported that the 1964 Pontiac Banshee prototype was listed for sale at a dealership in Connecticut. Well, despite this extended period of time, the one-of-one Banshee sports car is still waiting for its new owner.
Listed for $1.2 million by Napoli Classics in Connecticut, the ad states that the Banshee has less than 1,500 miles on the odometer, and features an inline-six gasoline engine as well as a manual transmission. Outfitted with a silver exterior paint job and a red interior colorway, this iconic piece of General Motors history appears to be in great condition.
For those who may be unaware of the relevance of the 1964 Banshee, here’s the lowdown. Back in the mid-1960s, General Motors was caught flat on its feet when Ford debuted the first-generation Mustang. With no similar product to compete in the all-new “pony car” segment, GM and its brands were blindsided, and need to develop a competitor. Pontiac’s solution was the Banshee – a two-seater sports car with a long hood and short deck.
Pontiac developed two prototypes – the Banshee XP-798 and Banshee XP-833 (which this car is). Head of Pontiac John Z. DeLorean was particularly proud of the prototypes, and intended to take the concept to full-scale production. However, GM brass was worried that the Banshee would undermine the Chevy Corvette, and catabolize sales, so they canned the project.
Of course, the Mustang-fighter that GM needed eventually became the Chevy Camaro and Pontiac Firebird.
Interestingly, the Banshee never completely disappeared. Sharp-eyed readers may note the similarities between the Pontiac prototype and the C3 Corvette. In actuality, the third-generation of the Corvette drew inspiration from the Banshee during development.
So, with all that in mind, would you pay $1.2 million for this one-off prototype? Let us know in the comment section below!