Is this a good price for a 2005 Pontiac GTO?

Question

The car has 22k miles on it and has a very clean carfax. I test drove it with no problems and fell in love with it. The car has a K&N intake and a flowmaster exhaust. The Dealer's final offer is $19,500 . I have the car on hold and am wondering if I should pull the trigger.

Answer 1

These are some factors to take account of:

(1) The 2005 Pontiac GTO is on Consumer Reports' 2008 list of Used Cars to Avoid.

(2) AutoOnInfo.net's detailed reliability and durability studies suggest that a typical 3-year-old Pontiac is as troublesome to own as a typical 27-year-old Honda and a typical 20-year-old Toyota.

(3) GM's Pontiac line has a 2008 Used Car Reliability Measure of -.51 on a scale of -1.00 to +1.00. For reference, the Hyundai line has a 2008 Used Car Reliability Measure of +.20, the Honda line, +.83, and the Toyota line, +.84.

(4) The overall 5-year Reliability Percentrank average of the Pontiac line average is .24. For reference, General Motors' overall average is .31, Honda's overall average is .84, and Toyota's overall average is .89.

Answer 2

do some checking on kbb.com before you buy it. look under the rear wells and in the bumper cavity and look for rubber residue.. if you find rubber "peel-off" in there , its been raced or abused.. otherwise not a bad deal.  they get fair milage if you keep your foot out it .  i get 26 mpg in my 2001 vette if i drive like a human on the freeway.. it sucks in the city.. so will the gto- in the city... good luck with it

Answer 3

If it's a certified GM then yes.  If not (independent dealer or non-GM dealer) it seems a bit pricey.  Also, remember that it's got a big V-8