How to Buy a Classic GTO Car

Classic car enthusiasts like the nostalgia, solid ride, extra horsepower from a bygone era and possibility for a good return on their investment that is represented by a classic Pontiac GTO. Since the disaster that struck the stock market on September 11, 2001, the price for these cars has gone wild. Here's how to buy a piece of the action.

Difficulty: Moderate

Instructions

1. Determine how much you want to spend on a classic GTO. If you are willing to do some or all of the restoration yourself, you can buy a muscle car for a lot fewer dollars. Financing is hard to find for classic cars, but it is available.

2. Pick the body style you like by browsing Internet websites dedicated to classic GTOs. You will also be gleaning some information about availability and prices as you surf.

3. Read "muscle car" magazines and look at the advertisements.

4. Attend a classic car show in your area and talk to the GTO owners. Some cars at these shows are for sale. Ask the owners for tips on buying one.

5. Place a want ad on the Internet or do a search on eBay Motors. Browse sites with ads for classic GTOs and buy online.

6. Check local car lots for a classic GTO, but know they are very hard to find.

7. Join a local classic car club to learn more and network.

8. Use an appraisal service before you buy a car, unless you know the price is right. Many online classic GTO sites offer this service.

Resources

• Visit Custom Classic GTO to place an ad, find an appraisal service and view GTOs.
• Get classic GTO values at NADA Guides website.