1987 Buick GNX Brings in $117,700 at Auction in Scottsdale
In 2015, a 1987 Buick GNX with only 387 miles sold for a record high price of $165,000 at the Barrett-Jackson Auction in Palm Beach.
At the time, that set a record for a mid-80s GM product, but another ‘87 Buick GNX recently came up for auction looking to break that record. This particular model had 1,500 miles on its speedometer and had been well-preserved since the time it was originally purchased. While this GNX ultimately fell short of breaking the record, it still brought in $117,700 at the Barrett-Jackson Auction in Scottsdale.
The reason that Buick GNX muscle cars continue to rack in six figures at auction is due to the limited volume in which these cars were produced. Only 547 Buick GNXs were built in total and many of the people who purchased them simply parked the vehicles after buying them, waiting for the collector’s cars to increase in value so they could sell them for a substantial profit.
The 1987 Buick GNX was also one of the most powerful muscle cars of its time. Underneath its hood is a 3.8-liter V6 engine that works with a McLaren turbocharger and air-to-air intercoolers. This one-of-a-kind powertrain generates a robust 276 horsepower and 360 lb-ft of torque, allowing the 1987 Buick GNX to zip from 0 to 60 in just 4.7 seconds and cover a quarter in a mere 14 seconds.
The Buick GNX that sold in Scottsdale for $117,000 also came with extensive documentation from the original owner, as well as a GNX owner’s jacket.
As many people know, the GNX was just a supped-up version of the Buick Regal sedan if you want to put it simply. Buick will be releasing an updated version of the Regal later this year, but there’s no word if they’ll offer a high-performance model just yet.
Buick’s Current Best Seller: Check out the 2017 Buick Encore subcompact SUV
- Austin BlankenbecklerContributor
Austin Blankenbeckler is the General Manager of Carlisle Chevrolet Buick GMC Cadillac and the third person in his family, after his father and grandfather, to work at the Waxahachie Chevy dealership. Carlisle Chevrolet Buick GMC Cadillac has been selling quality cars to the Ennis, Midlothian, and Waxahachie area since 1926 and their commitment to quality and customer service is more than just a business approach, it’s the family way. Stop by the Waxahachie GM dealership today to see what a difference three generations of car and truck selling can make. Austin on Google +