Thursday, November 12, 2015

Y Code GTO coupe Saved from the Insurance Total graveyard and is Sold.

                                                                             By: Patrick Smith
                             
Back in the saddle again. After a sale by Co-Part, the car was repaired and listed for sale at a
Connecticut dealer, Premier Motorsports.
    When I started this registry, this was the car that kicked it off. I was heartbroken to learn this nice, rare car had been rear ended at speed and damaged. Prior to the accident, it had been thoroughly restored and was a numbers matching car. The owner had it properly insured and opted for the payout of a total instead of repairing it. Co Part Auctions wound up with the car and it was on auction for a few weeks in Fort Pierce, FLA during the summer. The reserve was quite high considering the damage done, over $10, 500 USD. Last we heard from a reliable source on the scene, the high bid wasn't high enough and it looked as though the car would be parted out.

Repair work was listed in the revised auction. I find it hard to believe they were able to pull the quarter panels out
so well. Listing says the trunk lid was straightened as well.
  Someone obviously made a deal happen because the same car is for auction now at eBay Motors by Premier Motorsports located in Connecticut. The rear of the car was completely refinished with straightened panels., trunk lid, quarters, floor, bumper and the rear section of frame was either straightened out or more likely replaced with a couple of feet from another car. Let's hope the section with the partial VIN was salvaged! The car over all looks really good. Someone did a nice job repairing the car and matching the paint as well.
 
Here are photos of the trunk section. Makes me feel good to see such a rare car
back in action.

   The best thing is it appears the car didn't succumb to the perils of being parted out. We can see the engine's partial VIN in one photo and it matches the PHS document and presumably the dash VIN tag. There is no door decal presently. It may not have had one before the accident. Reproductions are available so this is no big deal. Also present is a look at the PHS document including the shipping invoice. As you can see this car had a lot of options, almost as many as Kirk Harbarger's Sundance Orange hardtop in this registry. What's visible is as follows; cordova top, GTO option, TH400 transmission, G70x 14 wl fiberglass tires,  8 track player, remote cont mirror, custom foam cushion front seat, custom cushion steering wheel, window moldings, door edge guards, power brakes, Soft Ray tinted glass,  rear armrests, springs & shocks firm ride, luggage lamp, glove box lamp, HD battery, rear bumper guards, vinyl trim, 4 BBL 455 engine, Safe T Track, stereo radio, HD air cleaner,  custom belts,  rally II wheels, wheel well opening moldings, body side moldings,  front and rear floor mats, custom carpets, air conditioning, rear hood molding, ashtray lamp, dual horns, gauge- tach.
 
The engine block partial VIN shows it is still numbers matching.
     At press time, the listing was revised last evening to include accident damage, repairs done to body and a link to phscollectorcarworld's blog post on the vehicle from last summer.The high bid is  just starting over so we will be watching this one closely to see what happens. Even for a Y code car, it has unusual features and may not be a typical sales result. Very few were coupes. Only five GTO Y code coupes were made.
Update with Sale: In the early hours of 19/11/2015, the eBaymotors listing ended and was reposted again with a new auction. The high bid from the last auction was recorded as $11,000 USD. The current auction only has one change in description; a no reserve statement and an assumption the car will be worth $40,000 in the future. Car was re listed again on 30/11/15 due to winning bidder not having funds. On 07/12/15, this car sold at high bid of $15,877.72 USD.
High bid of $11.000 USD $14,000 CDN was reached on 19/11/2015. Car was relisted again.
Update: Since then this car has been put up for sale again and has a new owner.
    * Article (c) 2015 by Patrick Smith. Images by PHS MEDIA ARCHIVES

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