Sorry, this car is not for sale online but it's likely going to be for sale privately within our family. My sister in law has it, she's the original owner. I told her I would help her set a price for it. Likely it will just sell within the family but she has about 10 nephews and nieces who want it, so it's not impossible that I may advertise it for her.
-Bought new at our dealership, I pretty much know the whole history of the car.
-Bright red 4 door, sunroof, leather, pretty much every option.
- 32,000 actual km's, always garaged, driven every week or two, so it's never sat for a long period of time. It never sits long enough for the battery to go dead. As a matter of fact, I finally told her she needed to change out the original battery in 2013, even though it was still working fine! (She was disabled in a car accident in the mid 90's, thus very little use of the car other than a few trips of about a 100 miles every few months, a few local trips from time to time as well)
-Completely original except battery and of course oil changes.
-Left front fender was repaired and repainted when someone clipped her when she was making a left turn. Perfect repair, no indication of it ever having been damaged.
-The car is NICE!
So the question is, if she sells this car, what is fair market value for it? When I search Kijiji Canada and ebay, I find lots of them for $3000-$5000 but I don't think that's realistic in this case because those cars all have 160,000km or more on them. If anyone has any experience with sales of a similar car, please share it with me.
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1966 Strato Chief 2 door, 427 4 speed, 45,000 original miles
1966 Grande Parisienne, 396 1 of 23 factory air cars
I told my wife if it's going for under $8,000 then I'm buying it and our G8 will be come a summer and nice weather car.
However, I have to outbid a lot of my nephews!
I've been doing a bunch of searching online since I made the original post. Being a GTP I have to think it will bring $8,000 plus just because someone is buying pretty much a brand new car. We get year old trade ins with more miles than this!
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1966 Strato Chief 2 door, 427 4 speed, 45,000 original miles
1966 Grande Parisienne, 396 1 of 23 factory air cars
2001 Pontiac Grand Prix, 146,700 miles: - Fair Purchase Price = $3,629 US - Suggested Retail = $4,679 US = $5,848 Canadian Add 15% premium (my estimate) for extra low Km (32,000) = $6,726 tops.
Kelly Blue Book: http://www.kbb.com/pontiac/grand-prix/2001-pontiac-grand-prix/gtp-sedan-4d/?condition=good&vehicleid=4924&intent=buy-used&category=sedan&options=190206%7ctrue%7c190303%7cfalse&mileage=146700&pricetype=retail
Carl, I see your conundrum here, looking on line for cars for sale yields a plethora of Grand Prix's but they all seem to be rather used up in excess of 200,000 km, I even saw one here in Toronto with 387,000 km. These kind of kilometers speak well to the car's reliability but the prices are so low, $500 to $3,000, it makes it hard to find a comparison. This also makes it hard to ask a price that is inordinately greater than what the going rate is for these cars. Perception is reality and I can't see the car selling on the open Market for $8,000 or even $6,500. I'd say the best thing to do in this case with so many family members involved is to get a quick appraisal, someone at your dealership who knows the car. I think that for you assigning a value and being a potential buyer is a formula for disaster.
Since you are screwed into a provincial insurance I would approach the local insurance office and ask what they value the car if totaled. Most likely get a deaf mute response but worth a try. Bugger is that it's not considered a collector car and has the low mileage but no warranty. It really falls down to who is the highest bidder in the family.
Carl, I see your conundrum here, looking on line for cars for sale yields a plethora of Grand Prix's but they all seem to be rather used up in excess of 200,000 km, I even saw one here in Toronto with 387,000 km. These kind of kilometers speak well to the car's reliability but the prices are so low, $500 to $3,000, it makes it hard to find a comparison. This also makes it hard to ask a price that is inordinately greater than what the going rate is for these cars. Perception is reality and I can't see the car selling on the open Market for $8,000 or even $6,500. I'd say the best thing to do in this case with so many family members involved is to get a quick appraisal, someone at your dealership who knows the car. I think that for you assigning a value and being a potential buyer is a formula for disaster.
Excellent points you make Ray.
Best part of all this is, I'm not worried about it being a disaster because I have been her "go to" guy for car advice since I married her sister over 25 years ago! I know I've built up considerable brownie points and likely have my foot in the door better than any of the others! I'm just not absolutely certain I want the car. A year ago I would have, but now with the G8 that desire has really waned.
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1966 Strato Chief 2 door, 427 4 speed, 45,000 original miles
1966 Grande Parisienne, 396 1 of 23 factory air cars
Since you are screwed into a provincial insurance I would approach the local insurance office and ask what they value the car if totaled. Most likely get a deaf mute response but worth a try. Bugger is that it's not considered a collector car and has the low mileage but no warranty. It really falls down to who is the highest bidder in the family.
Good idea, I hadn't thought of doing that.
The other option that occurred to me is my boss. He does consignments for a $500 fee usually. Included in that he details the car and does all the advertising, paperwork, phone calls etc.
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1966 Strato Chief 2 door, 427 4 speed, 45,000 original miles
1966 Grande Parisienne, 396 1 of 23 factory air cars
