Would you pay this much for a 32-year old Buick?
Remember when someone paid a whopping $120,000 for a used 1994 Toyota Supra a few weeks ago? Well, someone else has just paid nearly double that for an old Buick. Not just any old Buick, however: someone is now the proud owner of this 1987 Buick GNX, which was recently sold on Bring A Trailer for a staggering $200,000.
That may sound like a lot for a 32-year old Buick, but remember that only around 500 examples of the GNX rolled off the assembly line during the Grand National’s final year of production in 1987. This might also be the most pristine example you’re ever likely to find - it’s practically brand new.
This particular Buick GNX was the 480th example out of the 547 that were built. It was originally sold new by Ralph’s Buick in Arkansas and was put on display in a Texas dealership. Since then, it's clocked up a mere eight miles in total, which seems criminal. It even has the original protective plastic over the front seats and door panels. Sheets of plastic covering the black carpeting and the floor mats have also been stored in the vehicle’s trunk for the last three decades.
While the Buick GNX’s sedate styling probably won't turn any heads, its performance certainly will. Under the hood is a 3.8-liter V6 upgraded with the help of McLaren Performance Technologies/ASC. Modifications include a new Garrett T3 turbocharger, enlarged intercooler, and a performance exhaust that increase the power to 300 hp. The V6 engine is mated to a Hydramatic 200-4R four-speed transmission with an enlarged oil cooler, and the interior and suspension have also been upgraded. At the time, the GNX could run the quarter mile in a blistering 12.7 seconds at 113.1 mph, which was even faster than a Ferrari F40.
Clearly, demand for the Buick GNX is soaring as the car has significantly increased in value over the years. Back in 2015 at Barrett-Jackson Palm Beach, a GNX with just 362 miles on the clock sold for $165,000. Last year, the publicly sold GNX had 8,200 miles on the odometer and sold for $126,000. Now, this example with eight miles on the clock has sold for nearly double that. That said, this isn't the most expensive Buick GNX, as the last one ever built sold for $220,000 last year.