1963 Apollo 3500GT

VIN: 1004

$123,200

Sold

1963 Apollo 3500GT

Seller details

Vehicle specs

  • Chassis/VIN

    1004

  • Body style

    Coupe

  • Odometer

    25138 m

  • Engine Type

    V8

  • Horsepower

    200

  • Induction

    1x4

  • Interior Color

    Black leather

  • Exterior Color

    Burgundy

  • Generation

    1962-1965 Apollo 3500GT / 5000GT

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

215/200hp Buick engine, 4-speed, Borrani wire wheels, Michelin X tires, woodrim steering wheel, Jaeger gauges. Leather upholstery.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Represented as the second example built. A little dirt and grime under the hood, but mostly tidy and maintained. Good older paint and chrome. Light age to the wheel. The driver’s door sticks out slightly at the bottom. Lightly worn driver’s seat but mostly clean interior. Lightly aged restoration on this rare Italian-American sports car.

Market commentary

Built in Oakland, California but with European swagger thanks to bodywork revised by Franco Scaglione and built by Intermeccanica in Turin, the Apollo was an ambitious but short-lived sports car that's far rarer, but also far more obscure than the Ferraris, Jaguars, and Astons it was meant to compete against. Co-founder Milt Brown designed a steel ladder frame with Buick front subframe and suspension, along with four-link trailing arm rear suspension, and power came from Buick's new lightweight aluminum 3.5-liter V8, usually mated to a Borg-Warner T-10 4-speed. Priced at $7,000, it wasn't astronomically expensive but still cost more than an E-Type. It was well-received, but lack of capital and cash flow meant building the Apollos, especially shipping bodies from Italy to California, was too much and only a few dozen were built. For a car that looks like a Ferrari and goes like one, too, it's a good value. Most that have ever sold at auction in recent years brought under 200 grand, except for one $242,000 coupe and $506,000 for an ultra-rare convertible at a 2019 auction. RM also sold this red coupe here four years ago for $134,400, so these cars are still clearly a lot of speed, style, and exclusivity per dollar.

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, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.