1971 Pontiac GTO

Convertible Convertible

8 - Cyl.

Automatic

242671p109170

Clear

Gasoline

1971 Pontiac GTO Convertible reposession in Memphis One of 661 GTO convertibles produced for model year 1971. This is a real GTO and not a clone. I am proud to offer the Ebay community this 1971 Pontiac GTO Convertible repossession . I recently attended a capital one reposession sale, and I bought unit from cap one. This GTO was sold in Atlanta, Ga and supposedly was fully restored but the owner failed to make his or her payments, so the car was reposessed. I have clear title for this unit. This pontiac will be sold "as-is, where-is". Who knows what happened to the prior owner, loss of job?, died?, divorce? We were told there was a balance of over $45,000 owed on this unit when it was repossed. As you can clearly see, the car looks to be largely complete. At the time of the bank auction, the auctioneer stated that the car was one of 661, and that it was registered with the Pontiac historical society. He also asserted that it was a "frame off" restoration. While I am unsure if it was "frame off", I can say it was repainted, and the upholstery looks recent, as does the top. The car has been sitting for perhaps a year during the repossession process, and as such will need to be sorted out to be driven. I took these photographs at my auto dealership in Memphis,Tn last week on 2/12/12. What you see is what you get. You are bidding on the car "as-is" and "where-is". I do know that the engine does run. It may need a tune-up / repair as when I started it , it was backfiring through the carburator. The engine sounded decent. I have driven it down the road to verify that it does shift. This would be a great car for an enthusiast who knows how to sort out cars. I have been underneath the car and I can verify that it is a solid southern car with good floors. This is a rare vehicle. Only 661 were built world wide in 1971. How many remain today? This would be an easy restoration project for a Pontiac enthusiast this Spring! You won't see this car on every corner. It's quite a rare bird... Interior appears to be in reasonably nice condition. Car has a hidden stereo in the glovebox and the original still in the dash. Here's a few more detail shots. Rear differential. I'm no Pontiac expert, but I did verify that the vin # is a GTO convertible. The vin on the title is visible below. The bank also said the car had matching #'s but I have no way to verify this. I'm not a GM expert and would not know where to look. If you want to call, I'd be glad to look wherever you want. Cell is 901-870-3347 Clear FL title for the unit. Unit sold "as-is" "where-is". I will assist in arranging shipping. I can deliver anywhere in the world and would be glad to assist. I use central dispatch and can send the car to any state or port of call in the world. Please feel free to call for an estimate. My telephone is 901-870-3347. Pricing The nada guide book lists the retail value of this 1971 Pontiac GTO has average retail of $38,090 and a high retail of $64,090. Please follow this link to view the report. I am offering this Pontiac without reserve price. Bidding shall start at $19.71 and the unit will sell to the highest bidder. You are welcome to call me personally should you have any questions prior to bidding. Herbert Phillips 800-310-8767 Honeycomb wheels were a GTO option in 1971. By bidding on this vehicle, or by purchasing this vehicle, you are bound, and agree with the following terms- In addition to your winning bid , the winning bidder shall pay my dealership a $395 document processing fee.The winning bidder shall send 30 % of the purchase price within 48 hours of auction close. This shall be in the form of certified funds via federal express, bank transfer .I will send the title via FEDEX to you upon reciept of payment in full. I will email you the tracking number .I do not ship c.o.d. I am a licensed automobile dealer in Memphis, Tennessee. TN residents shall add 7% sales tax. All others are exempt from TN sales tax. I reserve the right to end this auction at any time at my discretion, as I see fit. The alert will contact me. This vehicle must be picked up or shipped within 8 days of auction end or a storage fee of $4 per day will be assessed. You must resolve all questions prior to bidding. My vehicles are sold as is, with out warranty.Please remember that this is a reposessed 42 year old automobile. This automobile is described as needing repair and or restoration .Please expect the vehicle to have defects, and or wear and tear appropriate from use and age. This sale shall be governed by the laws of Tennessee. The venue of sale is Memphis,Tennessee. I am always happy to discuss unusual cars,hence my biddername, please feel free to contact me at 800-310-8767, my name is Herbert Phillips. I do not allow bid retractions whatsoever, those violating this rule will be met with negative feedback.Make sure you are fully qualified to purchase. You are entering a legally binding contract. I will persue any non-performing bidder to the fullest extent of the law. Once you are the winning high bidder at close of sale, You OWN the car! Just send the funds. No STALLING and NO QUESTIONS. Winning this auction is NOT an opportunity to come and inspect this vehicle. No refunds or returns will be given, sale is final. With that out of the way, good luck and happy bidding!!! PS- Shipping is available anywhere, for a nominal fee. Call me at 800-310-8767 for a quote.