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What Happen To Price Of GTOs?

This is a discussion on What Happen To Price Of GTOs? within the GTO forums, part of the Vehicle Specific category; Been looking at autotrader there alot! GTO's for 18-18.5k You can buy 06 GTO M6s for 18k with 20-40k miles ...

  1. #1
    Formula Driver! 96Firebirdformula's Avatar
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    Batman Black
    1996 Formula

    What Happen To Price Of GTOs?

    Been looking at autotrader there alot! GTO's for 18-18.5k
    You can buy 06 GTO M6s for 18k with 20-40k miles Its only 2 years later.

    Ws6 Are still 18k for nice one.

  2. #2
    Grand Imperial Wizard Sarge's Avatar
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    Called the "curve".....when any car is at 3-4 year mark it is at the bottom of the curve....then it starts going back up.....not rocket science....

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    PBM
    2004 GTO

    Now is the time to buy!!!!

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    red
    98 Z28

    yep!!! i just got my 05 last month and i got it for 19.7 which wasnt bad. super clean with 20k on it, m6, beautiful car for a decent price

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    Junior Member Colduck's Avatar
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    1998 SS Z28

    Its the price of fuel!!!!

    Yes nows the time to Buy!!!!!!!!!!
    1998 camaro SS loaded 40k 7000.00 The owner paid over 2000.oo a year and didn't drive it......Nows the the time for the most bang for your buck!

  6. #6
    Member TheJudge05's Avatar
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    Yellow
    2005 GTO M6 - One of 498

    Angry Did my research

    After reading this thread I decided to do a little research, especially since I did not agree with the comments from the originator. Here is the deal, I have an 05 yellow goat M6, totally stock, paid $25k w/3300 miles on odometer. I bought the car a little over a year ago. A few months ago a co-worker started looking for GTOs on Autotrader and his first comments to me were that he thought my car went up in value since I bought it... Surprised I had him send me the internet link and I checked for myself. Indeed my car seemed to have increased in value; we could not find one similar that was less then $25k, and all of them had more mileage. A few factors could be at play, color for one; in the past I had a yellow C4 vette that held its value incredibly, people were trying to outbid each other for the car when I was finally selling it, the main reason was it was a yellow 6-spd and for my year only about 200 were made. For the GTO only about 489 yellow 2005 6-spds (LS2) exist on the planet. The other factor could be my location in the country, Boston area North East.
    So for the facts, I looked again on Autotrader today, once again I find a car like mine (2005 M6 - $26995) with more then double the miles for $2000 more then what I paid... In fact the entire first page of GTOs (25) were over $25k. To say that GTOs are losing value rings untrue, on the contrary they appear to going up in value as people realize what a great vehicle they are. The popularity of the G8 will also increase GTO values. see link

    http://www.autotrader.com/fyc/vdp.js...e=&cardist=200


    Finally, not sure why an LS1 guy is posting this anyway, seems like he was trying to rip on the GTO guys for some reason???

  7. #7
    Grand Imperial Wizard Sarge's Avatar
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    They do it all the time. It is called Penis Envy.

  8. #8
    Member TheJudge05's Avatar
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    Yellow
    2005 GTO M6 - One of 498

    This one needs to go back to the top.

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