1965 Pontiac LeMans GTO

2dr Convertible

8-cyl. 389cid/335hp 4bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$49,200*

-5.9%
#4 Fair condition#4 Fair

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Model overview

Model description

Despite the 1964 GTO’s initial success, Pontiac executive Jim Wangers claimed that many more could have been sold if it wasn’t for industry strikes. Wangers was proved almost correct in 1965, when 75,352 GTOS were delivered, up from 32,450 the year before.

The 1965 Pontiac GTO was still a $295 Tempest Le Mans option package, crisply redesigned with vertically stacked headlights, a split recessed grille and a single hood scoop. The four-pod dash remained, but an improved Rally gauge package was offered for $86 with an 8,000 rpm tachometer. The Coupe started at $2,871, the Hardtop at $2,935 and the Convertible at $3,165.

All had the 389 cid V-8, with the majority (54,805) having the 335 bhp, four-barrel version and 20,547 fitted with the 360 bhp Tri-Power engine, which cost an extra $115.78. Surprisingly, 56,378 GTOs were fitted with manual gearboxes and only 18,974 with automatic transmissions – which cost an extra $199. Cars with manual gearboxes received new cross-member reinforcement.

The base 335 bhp GTO was tested at 0-60 mph in 7.2 seconds, with a 16.1-second quarter-mile at 89 mph. Top speed was around 115 mph. A late 1965 package made the hood air-scoop functional and could be dealer or owner-installed.

A total of 15 exterior paint colors with codeswere offered: Starlight Black (A), Blue Charcoal (B), Cameo Ivory (C), Fontaine Blue (D), Nightwatch Blue (E), Palmetto Green (H), Reef Turquoise (K), Teal Turquoise (L), Burgundy (N), Irish Mist (P), Montero Red (R), Capri Gold (T), Mission Beige (V), Bluemist Slate (W), and Mayfair Maize (Y). Two-tone paint was available in standard colors for $31.74 or in special colors for $71.93. A one-off exterior color cost only $40.19.

Six interior trim colors included Black, Blue, Turquoise, Gold, Red, and Parchment and Black. Five convertible top colors were offered: White, Black, Blue, Turquoise and Beige. Vinyl tops were introduced for the first time, in black or beige, as were slotted silver rally wheels, with separate center caps and trim rings.

Pontiac boss Pete Estes moved to Chevrolet during the year and John Z. DeLorean took over, as Motor Trend awarded “Car of the Year” honors to the entire Pontiac lineup. The muscle car boom was about to grab second gear.

Vehicle specifications

  • Vehicle Length206.1 in
  • Wheelbase - Inches115 in
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Common Questions

The value of a 1965 Pontiac LeMans GTO can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $44,217 for a 1965 Pontiac LeMans GTO in good condition with average spec.

The highest selling price of a 1965 Pontiac LeMans GTO at auction over the last three years was $148,500. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1965 Pontiac LeMans GTO at auction over the last three years was $18,375. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 118 1965 Pontiac LeMans GTOs sold at public auction.

The most recent auction sale of a 1965 Pontiac LeMans GTO was $74,550 on March 18, 2025 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.