Looks like prices are starting to really fall now on the GXPs. This is the second one on eBay that has been for sale for under $32K! :(


http://cgi.ebay.com/ebaymotors/Pontiac-G8-4dr-Sdn-GXP-2009-PONTIAC-G8-GXP-6SPD-1-OWNER-CLEAN_W0QQcmdZViewItemQQhashZitem5190a35df6QQitemZ 350318976502QQptZUSQ5fCarsQ5fTrucks

tell that to the dealerships 500 miles around me that are still askign and getting 40 grand for the damn things.

Wish I had an extra 32 grand...

I feel even worse for the guy that traded the thing in. He really got screwed if they're giving it away for $32K. Still, that price is abnormally low. It seems like high 30's for low mileage cars is still the norm.

weird, it is not a 9.5
the VIN posted is 6G2EP57W49L208720
its build date is 10/24/08
also it has 3.70 rear gears.... is that what the manual gxps come with?

weird, it is not a 9.5
the VIN posted is 6G2EP57W49L208720
its build date is 10/24/08
also it has 3.70 rear gears.... is that what the manual gxps come with?
Yes.

So, possibly this is like the prototype GXP G8. Super early, also shows 'ineligible' for PDI.

No bids

I wish I had a GXP, none were available around here when I bought my GT. Manual would have been a ton a fun.

So, possibly this is like the prototype GXP G8. Super early, also shows 'ineligible' for PDI.

What is a PDI? excuse my ignorance

Pre-delivery Inspection.

It is done on every new car upon delivery to the dealership, before it can be placed for sale.

Thank you for the answer

Man, great deal and a nice color too.

weird, it is not a 9.5
the VIN posted is 6G2EP57W49L208720
its build date is 10/24/08
also it has 3.70 rear gears.... is that what the manual gxps come with?

Mine is the same. Early build.

I won't put out any details now, I will at a later date.

well if a vin is <9L300*** that makes it a 09.0 not a 09.5 since I thought that was the break point. Does the early GXP (pre 300 vin) have 4 cats?

tell that to the dealerships 500 miles around me that are still askign and getting 40 grand for the damn things.

Which is why most of them sit unless someone with more money than common sense comes along, they are running through the auction chutes here for 28 to 30k. In all fairness though they aren't running through all that often, there just aren't very many of them.

I think maybe part of the problem is CTS-V's, you can get a 07/08 CTS-V for under 33K with decently low miles, it's 400 HP with a stick and quite a bit higher amenity lvl than the G8's.

Which is why most of them sit unless someone with more money than common sense comes along, they are running through the auction chutes here for 28 to 30k. In all fairness though they aren't running through all that often, there just aren't very many of them.

I think maybe part of the problem is CTS-V's, you can get a 07/08 CTS-V for under 33K with decently low miles, it's 400 HP with a stick and quite a bit higher amenity lvl than the G8's.

You mean 06/07 CTS-Vs.

2008 was the change over to the supercharged revised platform LSA CTS-V - you can't touch those for 33k.

you expected the price of a Pontiac to rise?

well if a vin is <9L300*** that makes it a 09.0 not a 09.5 since I thought that was the break point. Does the early GXP (pre 300 vin) have 4 cats?

That is true of the GTs. Pontiac stated that all GXPs were 09.5s. However, the early build GXPs still had VINs in the 09.0 range with 09.5 features.

sounds right-- they were selling for about 36K (after rebates and dealer negotiations)

so a 4K loss in about a year isn't too bad. Especially for a newly extinct brand.

You mean 06/07 CTS-Vs.

2008 was the change over to the supercharged revised platform LSA CTS-V - you can't touch those for 33k.

Correct 06/07, didn't have my black book handy when I posted. Heck I see 06's for sub 26k with miles in the 30 to 40k range.

tell that to the dealerships 500 miles around me that are still askign and getting 40 grand for the damn things.

Sorry to thread jack but dude, your rims are awesome. love the red line about the lip. NICE.

Sorry to thread jack but dude, your rims are awesome. love the red line about the lip. NICE.

thanks! :driving:

Wow that's a rare color combo.

I would have bought one used at that price but 4 months ago but they were still a couple of thousand below sticker used. :(

wow an m6 pacific slate gxp and no one bought it for 32k....wasn't there only about 10 made in that combination?

I am not surprised it didn't sell. Is it awesome? Yes. Is it rare? Yes. Does anyone care other than the small community here? No.

They are coming up on being 2 model years old this summer. $30k is all they are worth. I know no one wants to hear this, that their "rare" care should rake in MSRP or more for the next 10 years, but they won't.

I have a 6 month old 2010 GT500 for sale for $10k off MSRP that is showroom mint and 4.5k miles. Can't sell it. It's just the way things are.

Great price on a great car. Economy doesn't help right now. What are the current incentives on new ones? At one time it was $7K off.

Well now they have pulled the listing and put it back up with a buy it now of a grand more?!?

http://cgi.ebay.com/ebaymotors/Pontiac-G8-4dr-Sdn-GXP-2009-PONTIAC-G8-GXP-6SPD-1-OWNER-CLEAN_W0QQcmdZViewItemQQhashZitem5190b91601QQitemZ 350320399873QQptZUSQ5fCarsQ5fTrucks

becasue, now they know that, the car went upto almost 29K last time and that was within 2k of the asking price.

So they started the auction at 28.5K and expect it to cross into 30.5 or so, and then it'll be much closer to the initial asking price.

I think they tasted the waters with the first auction.

.....
I think they tasted the waters with the first auction.

I've heard of testing the water, but I guess one could taste it also.. :)

sold to some lucky bastard in austin TX

$30k, $31k, $32k, whatever it went for was still significantly less than anything on a nationwide search on AutoTrader. One of the cheapest SRM's, with my level of equipment, the only thing it being an automatic is still hovering just under $35k by a private seller.

Everything else as mentioned, still close to $40k. Neither the G8 GXP or the new CTS-V's (unless they have some significant mileage on them), are dropping in price yet.

$30k, $31k, $32k, whatever it went for was still significantly less than anything on a nationwide search on AutoTrader. One of the cheapest SRM's, with my level of equipment, the only thing it being an automatic is still hovering just under $35k by a private seller.

Everything else as mentioned, still close to $40k. Neither the G8 GXP or the new CTS-V's (unless they have some significant mileage on them), are dropping in price yet.

Flawed logic. What it is LISTED FOR on AT and what someone will PAY for it are two different things. Kind of like people listing their homes at retarded prices which then sit unsold for a year. Adding to that, people usually add a lot on the asking price to get rid of lowballers. For example, I have my GT500 listed at $45k but I'd take lower. Watch some of those $40k GXP's on AT, they'll all be there in 90 days unless the owner drops the price or takes $8k lower. If you think a 2 model year old car is worth and will sell for its MSRP you're crazy. A nice sub 10k mile GXP is worth $30-32k tops. As that thrice listed ebay auction showed you. It went up THREE TIMES with a $32k BIN and ran 25 days before someone jumped on it. That should tell you a lot about the market.

I know there were at least 4 prototype GXP's with 208xxx VINs (buddy of mine saw them at O'Hare coming through customs from Oz - I have to dig out his picture of them somewhere). MIEngineer has one, Sellers had a white one which was unsaleable, and now there's this one.

Wonder if it was priced cheaper because it was a prototype/early build, or if it had the same issue the Sellers one did? MIEngineer, was yours new, or used or PEP when you bought it?

<--picked mine up for similar price last week with 4,100 miles...34K.

IMO, that what these cars go for privately. Dealers are smoking crack if they think there's buyers out there willing to pay more than 35K for a used Pontiac...no matter how nice these cars actually are.

Learned that lesson with the GTO...wait a year or less and pick up a low mileage burner...$ saved can go towards mods!

I hope the GXP's get cheaper....

I hope the GXP's get cheaper....

I'd guess they'll be around $20k by 2012 in good condition with say 35,000 miles. The GXP plays to a smaller audience than say a 2 seater like a GT500 or Camaro. You need a person who doesn't care about mileage, loves performance, loves HP, but needs a BIG, 4 door car. Pontiac being dead isn't helping the resale either.

Lucky Austin! Did I screw up? I've been lurking for about 18 months. Hope you don't mind. Really like the G8 but have to have a M6! Did I pick the wrong car. Only moments to back out. Please let me know what you think! I'm looking forward to slight mods and group events.

Looked at the Challenger SRT8, Mustang GT500, Camero, and CTS-V but just could not pass up the convenience of a 4-door rocket at the lower price. I've worked on several deals for new G8 GXPs but never had the final appoval (wife). My mistake on the new one! I really wanted a 4-door car so I decided to make an offer on this one. Is it off limits because it is an early s.n. car? Should I hold out for a more current s.n. car? I thought 1 of 7 was really cool? Let me know what you think?

I would not put to much stock into anything you are seeing right now. Prices will come back up eventually, maybe 10 years or so, but they will come back up a bit.

Funny thing is, I bought my SRM, M6, Onyx, w/Sunroof GXP, used 10,103 miles, from a dealer who was trying to sell it on Ebay. Thing bid for just at $32,000, reserve was $39,000. Found out who the dealer was, called up and he was asking $34,900! Walked out with for $34,348 OTD. You never know. Another dealer I know of is still asking $41,590 MSRP for a new one! Go figure.

I would not put to much stock into anything you are seeing right now. Prices will come back up eventually, maybe 10 years or so, but they will come back up a bit.


Price will *never* come back up. They will flatline as every other car eventually does. In 20 years no one is going to be saying "damn, I need me a G8 GXP, it's totally worth $35,000". Give me a break. Sounds like all the GT500 fanboys who paid $80k for their 07's which now sell for $28k. They think the "price will come back up". Nope.

Still, one of the bigger factors for me was the financing I got on a new one. My payment based on paying invoice for the car is lower than if I'd bought it for under $30k. And I really prefer not to buy a secondhand performance car of any kind.

I know there were at least 4 prototype GXP's with 208xxx VINs (buddy of mine saw them at O'Hare coming through customs from Oz - I have to dig out his picture of them somewhere). MIEngineer has one, Sellers had a white one which was unsaleable, and now there's this one.

Wonder if it was priced cheaper because it was a prototype/early build, or if it had the same issue the Sellers one did? MIEngineer, was yours new, or used or PEP when you bought it?


What were the issues with the Sellers white one?

There were more than 4 200 VIN builds.

I'll update later with that when I have time.

Mine was still sold as "new" by GM [never titled like a PEP car] with just under 2000 miles, was not a PEP program car - it was a GM show vehicle used for a few auto shows etc.

Chris in SD,
IMHO I feel differently. Not saying you are incorrect, but I think the demise of Pontiac combined with economy has artificially "depressed" the market. Hell my house is worth $70k less than what I paid for it and it was after the bubble! Let the market correct itself and we can have our discussion again.:)

So I pose another question to lengthen the debate. What about the '87 Buick GNX. Hmmmm.....

http://www.autoblog.com/2007/04/29/ebay-find-of-the-day-1987-buick-gnx-359-9-9-miles-on-the-odo/

Just saying........ It's possible.

Chris in SD,
IMHO I feel differently. Not saying you are incorrect, but I think the demise of Pontiac combined with economy has artificially "depressed" the market. Hell my house is worth $70k less than what I paid for it and it was after the bubble! Let the market correct itself and we can have our discussion again.:)

So I pose another question to lengthen the debate. What about the '87 Buick GNX. Hmmmm.....

http://www.autoblog.com/2007/04/29/ebay-find-of-the-day-1987-buick-gnx-359-9-9-miles-on-the-odo/

Just saying........ It's possible.

That is apples to oranges. In 20 years, someone who drove their GXP under 10 miles and never titled their car CAN get 100K IF they find the right buyer. However, I don't think there is one person on this forum that owns a GXP with less than 10 miles and that has never been titled (for that matter, I bet ALL GXP's have been titled at this point - I definitely could be wrong but I thought that was part of the GM/Pontiac buyout deal). On top of that, the GNX was made for 1 year and under 600 were produced. I don't think you will meet anyone that will sell their used GXP and get more money than original MSRP.

Not all have been titled. FYI.

That is apples to oranges. In 20 years, someone who drove their GXP under 10 miles and never titled their car CAN get 100K IF they find the right buyer. However, I don't think there is one person on this forum that owns a GXP with less than 10 miles and that has never been titled (for that matter, I bet ALL GXP's have been titled at this point - I definitely could be wrong but I thought that was part of the GM/Pontiac buyout deal). On top of that, the GNX was made for 1 year and under 600 were produced. I don't think you will meet anyone that will sell their used GXP and get more money than original MSRP.

I thought GXP's also had a 1 year productino run. I might be mistaken, but total GXP production is 1,829 units and my particular color only 169. Not as rare as the GNX, but rare enough.

To end this, I am simply stating it's possible with the GXP, but it won't be with mine because I am going to drive the hell out of it! Miles be damned! :driving:

There will be plenty of folks craving a GXP, Camaro SS, and Mustang GT after 2015 when pretty much all V8 passenger cars go away due to CAFE... of course having owned a V6 Turbo Buick I like big horsepower coming from six cylinders but the reality of owning a passenger car brand new after 2015 is going to be slim and none. Just look at what Audi is doing, the wonderful S4 is no longer available with a V8. Turbocharged V6 is your only powertrain... I can see the future and it is bleak!

Not all have been titled. FYI.


Can you tell me how you know this? I am not questioning in disbelief, rather I want to know how to tell if they have or have not been titled.

thanks,
Bobby

Cars are a horrible "investment", I remember a time when only computers depreciated faster than cars, and now you can buy a great computer for less than a grand. Cars have regained their position as the fatest depreciating "investment", typically 20% per year, with a couple of exceptions now and then. You want resale value, buy a Honda, but if you want to own a piece of American history and have fun doing it, own a V8 400hp rear drive modern musclecar like the G8.

G8 GXP MSRP~40,000 -3500 rebate = 36,500 x .20 = 7,300 which would be a one year old price of 29,200
29,200 - 20% = 23,360 would be two year old price.

32,000 after one model year makes the GXP seem like Honda type depreciation.

There were more than 4 200 VIN builds.

I'll update later with that when I have time.

Mine was still sold as "new" by GM [never titled like a PEP car] with just under 2000 miles, was not a PEP program car - it was a GM show vehicle used for a few auto shows etc.

I have a car with 20774 as the last of the VIN.

Can you tell me how you know this? I am not questioning in disbelief, rather I want to know how to tell if they have or have not been titled.

thanks,
Bobby

There are cars that have been sold with a bill of sale, but never titled at the SOS / through the dealership.

I've been looking into GXP/G8 data before I even owned one.

But overall, if anyone here bought a GXP as an investment for retirement or profit, do yourself a favor and go drive your car - it will take your mind off of the payments being made on something you stare at :wink2: I don't care what mine is or isn't - I plan to drive it as much as possible and added 7k miles between the end of July and md October! I never bought it as an investment - I have better things to spend my time on.

It is our duty to give someone a restoration project a few decades from now :wink2:

There are cars that have been sold with a bill of sale, but never titled at the SOS / through the dealership.

I've been looking into GXP/G8 data before I even owned one.

But overall, if anyone here bought a GXP as an investment for retirement or profit, do yourself a favor and go drive your car - it will take your mind off of the payments being made on something you stare at :wink2: I don't care what mine is or isn't - I plan to drive it as much as possible and added 7k miles between the end of July and md October! I never bought it as an investment - I have better things to spend my time on.

It is our duty to give someone a restoration project a few decades from now :wink2:

here here! I agree, the days of things going up in value are over. Unfortuneately not many of us were alive or loaded in 1969 to scoop up the great ones! (could have been one of the greatest years for muscle cars) I LOVE the GXP but I got it for one reason....blow off the stress of my day and toss in the family for the ride.

Return on the investment....burned rubber on pavement. I would love for this to be worth something but as with everything in life, something better comes along. Keep movin'....

Still, one of the bigger factors for me was the financing I got on a new one. My payment based on paying invoice for the car is lower than if I'd bought it for under $30k. And I really prefer not to buy a secondhand performance car of any kind.
I'm with you 100%. I do still finance my cars and I prefer to be the first owner even if I take it in the rear when I sell. Last time I bought a used performance car was 2001 when I picked up a 2000 Z28 with 8k miles on it.

It's surprising enough to see a used GXP with low miles anywhere for under $33K. Are people currently paying that much for them cause I hardly see any for sale. If you bought new (tax & license include) and sell the car within a year of purchase I can almost guarantee you're gonna take a loss if you try and sell it.

No matter where you live right now it's a buyers market with nearly any performance car under $40K with the exception of maybe the new Camaro.

The best advice is to drive it to enjoy it any worry later about what's it worth when it's time to sell. I hope to find a nice used GXP within a 2 year time frame.

I talked to the owner of this car. He traded it in at A Ford dealer for a new GT 500. If I had that kind of money ID have bought it from him...He said the suspension was too soft but other then that a great car no probs and super clean. The dealership was looking to peddle the car... Ebay I think these cars will be a car to think back on years down the road. If that makes it valuable will remain to be seen. I myself cant imagine selling so to me I guess its no big deal. I ll look back at the experience of how I found the car and the road trip out to Detroit to pick it. I hope my kids do as well. "Remember when Dad..." When the car is one day there car I hope they have as much pride in ownership as there dad did. If they do then I guess the car is priceless.

wachs, I was especially interested in your first comments. I had heard the same thing about the car being traded in for a GT 500. I was looking at the 2010 GT 500 when I bought this one but really wanted a 4-door. The car should be delivered this weekend. I've waited a very long time for this car. I hope I am not disapointed. I'm sure I will enjoy it regardless of how "soft" others may think it is.

The GNX was the best of a renegade muscle car of the 80’s. The Corvette was suppose to always be the pinnacle of performance and Buick slipped one by with that car. That and the fact it was a V6 made it extra special.

The GXP is a great car for sure, but sadly will be only known as the best that Pontiac offered and not the best GM had to offer in its day.

LongWG8T.... Nice purchase! I dont find the suspension too soft. There is always things to pick apart I guess. Its a car all its own just enjoy what it is. If you find in a year from now you want to take a 10G hit on the car gave me a call :wink2:

wachs, it looks like we have two of the very few PSM GXPs produced. I am PSM M6 no roof. How about you? I took delivery sight unseed and am very pleased. There are a few minor issues that I worked to correct over the weekend. It looks like the exhaust was upgraded since it is pretty loud. I remember the new car I test drove being very quiet... not this one. What a great car. I only got to drive is once then went out of town for a week. I can't wait to get back home so I can work on it some more. Sorry but I won't be selling this one any time soon.