Under The Hood

A '72 Buick for $48,000?

Yup, as I write this, bidders are battling it out for a 1972 Buick, and it’s not a Gran Sport or even a LeSabre convertible — it’s a station wagon like ma used to drive!

The auction link came to me via friend Eric Killorin (it’s item No. 200165774497). It took me a moment to figure out why this car is commanding so many dollars – it only has 266 miles on it! With that few spins of the odometer, it’s a brand-new, NOS 1972 Buick.

Now, don’t get me wrong, I love “long roofs,” and even Buicks. Heck, I’ve had a few Skylarks from the late 1960s and really appreciate Buick performance. But $48K is a lot of dough for a knicknack. This car is so nice, there’s no way you’d want to see the odometer take one more spin. It’s just too good to add miles to, and when do you see a 266-mile Buick?

Is the car worth $48K? I would never have say yes before this auction. But when are  you going to see another one?  And even if it doesn’t fall into a collector’s hands, at $48K, someone’s getting a brand new car for the price of a well-equipped SUV.

What do you think of this kind of money for a 1972 Buick station wagon? Should the price guides reflect this value?

And if you like that Buick’s mileage, check out this 128-mile 1972 Oldsmobile Toronado!
http://www.auctionzip.com/cgi-bin/auctionview.cgi?lid=347759

6 thoughts on “A '72 Buick for $48,000?

  1. Eric

    This wagon was like a newly minted coin. But the buyer is just one dented fender or stained seat away from his investment taking a major hit. I agree Angelo, you really can’t use this wonderful machine. Perhaps it’s better to pay a premium for a blue chip knowing that its intrinsic value is always there if condition becomes compromised. But part of me would just love to have this big yellow Estate Wagon in my garage!

  2. Eric

    This wagon was like a newly minted coin. But the buyer is just one dented fender or stained seat away from his investment taking a major hit. I agree Angelo, you really can’t use this wonderful machine. Perhaps it’s better to pay a premium for a blue chip knowing that its intrinsic value is always there if condition becomes compromised. But part of me would just love to have this big yellow Estate Wagon in my garage!

  3. Dennis Rayho

    70s Chevrolets? I owned two of them years ago.My first car in the spring of 1979 was a ’70 Impala.A blue 4 dr sedan,bought from my uncle.130,000 miles on it,but he was a mechamic,and had done some work on the motor.For the princely sum on $650.00,this 18 yr old was mobile,finally.Well,sort of.1979 was the summer of gas shortages,gas lines,odd/even days.And I was tooling around in a car that got about 10 mpg(downhill).Gas,if I could get it was reaching an unheard of one dollar per gallon.So my "cruising" was very limited that year.Sold the Chevy in the fall for $400.00.Bought a ’71 Pinto-actually a great little car.Fast forward to 1984,my father had a friend at work selling a ’73 Caprice Classic,2 door for $500.00.It was white with matching vinyl top,red velour interior.So I bought it,had it painted at Earl Scheib(remember those places)for about $200.00-and it looked like a new car.Had the small block 400 V-8,and the coldest A/C of any car I have ever owned.Drove it 2 yrs,and then bought a new truck.Passed the chevy to my kid brother,who promptly wrecked it.In the northeast where I live you very seldom see ANY 1970s GM cars.They had very bad rust problems at the time.My father had a ’74 Pontiac Lemans wagon,which literally fell apart after 10 yrs

  4. Dennis Rayho

    70s Chevrolets? I owned two of them years ago.My first car in the spring of 1979 was a ’70 Impala.A blue 4 dr sedan,bought from my uncle.130,000 miles on it,but he was a mechamic,and had done some work on the motor.For the princely sum on $650.00,this 18 yr old was mobile,finally.Well,sort of.1979 was the summer of gas shortages,gas lines,odd/even days.And I was tooling around in a car that got about 10 mpg(downhill).Gas,if I could get it was reaching an unheard of one dollar per gallon.So my "cruising" was very limited that year.Sold the Chevy in the fall for $400.00.Bought a ’71 Pinto-actually a great little car.Fast forward to 1984,my father had a friend at work selling a ’73 Caprice Classic,2 door for $500.00.It was white with matching vinyl top,red velour interior.So I bought it,had it painted at Earl Scheib(remember those places)for about $200.00-and it looked like a new car.Had the small block 400 V-8,and the coldest A/C of any car I have ever owned.Drove it 2 yrs,and then bought a new truck.Passed the chevy to my kid brother,who promptly wrecked it.In the northeast where I live you very seldom see ANY 1970s GM cars.They had very bad rust problems at the time.My father had a ’74 Pontiac Lemans wagon,which literally fell apart after 10 yrs

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