GTO Restoration and Sale Process

The video follows the restoration and sale of a 1967 GTO. Initially found in poor condition, the car undergoes a complete transformation with a new engine, transmission, and interior, along with a stunning paint job. The owner, who has invested significantly in the car, negotiates with a potential buyer, Ron, who is also a GTO enthusiast. After some back-and-forth on the price, they agree on a sale at $52,000. The owner is satisfied that the car is going to a good home, even though he is sad to see it go.

What was the initial plan for the 1967 GTO before deciding to restore it?

• To sell it immediately

• To put it in storage

• To use it for parts

• To donate it

Which of the following was NOT part of the GTO's restoration?

• New engine

• New transmission

• New tires

• New interior

Who was responsible for finding a potential buyer for the GTO?

• Rolly

• Mike

• Kevin

• Ron

What was the issue encountered when trying to show the car to the potential buyer?

• The car wouldn't start

• The car had a flat tire

• The keys were missing

• The buyer was late

What was the seller's emotional stance on selling the GTO?

• He wanted to give it away for free

• He was attached and reluctant to sell it

• He was indifferent about selling it

• He was eager to sell it

What was the initial asking price for the GTO?

• $60,000

• $45,000

• $52,000

• $56,000

What was the final agreed selling price for the GTO?

• $56,000

• $52,000

• $47,000

• $45,000

Why was the seller willing to keep the GTO if it didn't sell?

• He had a personal attachment to it

• He planned to give it to a family member

• He thought it would increase in value

• He wanted to use it for racing

What was the buyer's concern about purchasing the GTO?

• The car's condition

• The price being too high

• The car's mileage

• The color of the car

What was the seller's bottom dollar for the GTO?

• $45,000

• $56,000

• $50,000

• $52,000