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1967 Toronado Project In Turqouise Iowa Car on 2040-cars

Year:1967 Mileage:131000 Color: Teal /
 Black
Location:

Madrid, Iowa, United States

Madrid, Iowa, United States
Transmission:Automatic
Body Type:Coupe
Vehicle Title:Clear
Engine:425
Fuel Type:Gasoline
Year: 1967
Interior Color: Black
Make: Oldsmobile
Model: Toronado
Trim: Standard
Power Options: Air Conditioning, Power Windows, Power Seats
Drive Type: Automatic
Mileage: 131,000
Number of Doors: 2
Exterior Color: Teal
Condition: Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ... 

This auction offers a 1967 Oldsmobile Toronado.  There is a clear Iowa title.  I purchased this car in late November off an old car buying binge. In a four month period I basically made offers on cars of interest locally and everyone accepted resulting in me now owning 8 cars. I actually had 9 but recently parted one out that was too rough to restore. 

This car runs well. When I purchased it, I drove it home and it drives well. It idles without hesitation, stops fine and accelerates.  The transmission shifts smoothly. By appearance only, the brake drums appear new. Not repainted, but like the previous owner (2 back) did a complete changeover of brake parts.  There is new exhaust work as well by the previous owner  (1 back) and it is incorrect at the dual exhaust outlet meaning the exhaust turns down and does not go straight through the bumper.  This seemed obvious to me, but maybe the whole back section was previously rusted away.

It looks dorky, but it includes a new transverse muffler and correct diameter pipes so a fix would be to cut off the downturn in the pipe and put chrome extensions on the exhaust to go straight. The flange was also sealed at the exhaust manifolds so some money was spent on exhaust by the previous owner.  The cost for the exhaust work I would estimate close to $500 by itself. A lot of Toronado owners faced with rear portion exhaust work put in glass packs for space issues, so this was done right.

As stated, the car starts well, runs well, shifts well.  That's the good part.  Here is the bad part.  The body, while straight is heavily rusted and this will requires a likely body off restoration in my opinion because a lot of the rust is in areas under the carpet or such. To get at the rust for cutting and welding in new metal it would simply be best to remove and reinstall.

The interior is there, complete but again needs restoration. The interior is black standard but is loaded up pretty well. This is an odd combination. Toronado fans know the difference between standard interiors and deluxe.  This car is equipped with POWER WINDOWS, POWER SEAT, A/C  and of course standard tilt and telescopic steering wheel.  Dash is complete, dash pad is cracked.  Power seat works well, both front and rear seats need reupholstered. Headliner is OK. Dash is complete.

POWER WINDOWS ARE INOPERATIVE and there is evidence of someone cutting the wiring.  Lights work. One headlight stays up.  Engine bay is not all hacked up.

ADDED BONUS:  This car has 4 near flawless factory chromed wheels with 4 original nice quality hubcaps.  The four tires are fine, holding air all winter long and showing no out of balance condition.

Summary:  I provide an honest overview of the cars.  I bought this car sight unseen and I am somewhat disappointed in my decision.  Having a car run and drive this nice however, for the price I got it at, is rare.  Most cars in this price range are non running.   This car is for restoration. A person would not get much enjoyment out of it trying to drive it as is.  Of the 8 cars I own, this is one of my favorites and I would keep it and undergo a restoration, but because it runs and drives and has had recent work, it is also perhaps more sale-able.  I have a 73 Buick Centurion 2 door hardtop in the garage which I have owned 4 years and am tearing into which in it's current state has less value then this car, even though it is a low mileage car.  I have a 1970 Buick Wildcat which is up on blocks and has a nice bucket seat console interior but again, would require a lot of work to sell and be worth virtually nothing because of it's full-on project status, I have a nice 73 Electra which will be on ebay shortly.  So that gives you some idea of the mess I am in having purchased a boatload of cars recently and so I need to sell at least 2. 

The opening bid on the Toronado represents my costs in the car plus ebay costs.  I can run an auction with no cost unless sold, so I will put this car out there to the community for a few weeks and see if there is any interest. If after a month I get no takers, then I will keep the car.  In my opinion, the price represents a bargain because of the base car as a project, the new exhaust, new brakes, chrome wheels and completeness.  66-67 Toronados are beautiful cars and the dual master cylinder on the 67's make them safer in my opinion. 

If anyone has seen this Turquoise color on a 66-67 Toronado in buffed out condition with the Toronados integrated chrome bumpers, then you know how this color absolutely POPS.  It is beautiful so I was happy to see that that was the original color.  

So think about it, ask questions. This car deserves to be restored and deserves a low volume collector that can focus their energy on this one car. Having 6 (6!) cars requiring full restorations with possibly one more on the way, I have neither the time nor money for all of them.   

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Auto blog

GM recalling 8.4M cars, 8.2M related to ignition problems

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General Motors today announced a truly massive recall covering some 8.4 million vehicles in North America. Most significantly, 8.2 million examples of the affected vehicles are being called back due to "unintended ignition key rotation," though GM spokesperson Alan Adler tells Autoblog that this issue is not like the infamous Chevy Cobalt ignition switch fiasco.
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