1967 Oldsmobile Toronado

Description

OFFERED WITHOUT RESERVE 

Out of a combination of a lifelong automotive passion and an unyielding desire to support the people of his Alabama community, the Generous Collection was born. Mr. Greg Rusk, a successful business leader in the cardboard industry, with a big heart for helping families and friends in times of need, would regularly pay overly generous fees to acquire an interesting vehicle. After decades of collecting and supporting local automotive enthusiasts, the Rusk family is ready for these vehicles, each with their own story, to write their next chapter back on the road, where they belong.

The Generous Collection debuts with Part 1 offering over 200 cars in October, all offered without reserve, emerging from years of long-term silent storage. Many additional lots will be offered in the coming months. From the quiet shadows of the Generous Collection to the sunshine of backroads and highways, enthusiasts now have the opportunity to own a piece of a generous car-collecting legacy. 

* * * 

The 1967 Oldsmobile Toronado was a bold continuation of one of the most innovative American cars of the 1960s. Introduced in 1966, the Toronado was the first U.S.-built front-wheel-drive car since the 1937 Cord, and its radical engineering and styling made it a standout. The 1967 model refined the original design with a cleaner grille, revised taillights, and improved interior appointments, while retaining its distinctive fastback silhouette and hidden headlights. 

Under the hood, the '67 Toronado featured a 425 cubic-inch Super Rocket V8 engine producing 385 horsepower, paired with the unique Turbo-Hydramatic 425 transmission, specially designed for its front-wheel-drive layout. This configuration offered excellent traction and a flat floor, enhancing both performance and interior space. 

The Toronado’s combination of luxury, power, and innovation earned it Motor Trend’s Car of the Year award in its debut year, and the 1967 model built on that success with improved ride quality and optional disc brakes. It helped pave the way for future front-wheel-drive American cars and remains a landmark in automotive design and engineering. 

Highlights 

• Offered from The Generous Collection 

• Finished in Provincial White (C) with black vinyl top over black leather upholstery 

• Powered by a 425 cu-in Super Rocket V8 engine producing 385 hp and 475 lb-ft of torque 

• Turbo-Hydramatic 425 three-speed automatic transmission  

Features 

• Front-wheel drive, first built in U.S. since the 1937 Cord 

• Hidden headlights 

• Dual exhaust 

• Flat floor 

• Power steering, windows, driver’s mirror, seat, and antenna 

• Ribbon-style 130-mph speedometer 

• Energy-absorbing steering column 

• Oldsmobile Transistor AM radio with large speaker mounted in center of rear bench seat 

• Dual-circuit, hydraulic drum brakes with power assist 

• Sears Roadhandler A/S 225/75R15 whitewall tires 

Known Imperfections 

• While reasonable efforts were made during preparation for the sale, due to the volume of cars in this collection it was not possible to diagnose or detect all imperfections present in the cars. 

• Clock inoperable

• Rust in trunk, and trunk lining is detached with some pieces missing 

Included 

• Spare tire and jack 

• Keys 

• Owner protection plan and warranty booklet 

Ownership History

This 1967 Oldsmobile Toronado is offered from The Generous Collection of no reserve automobiles. 

Additional Notes

A Broad Arrow Auctions Specialist is working as an agent on behalf of the owner of this vehicle. Broad Arrow Auctions is a wholly owned subsidiary of Hagerty.  

Contact: Ramsey Potts Phone: 912.508.4096 email: rpotts@hagerty.com

Alabama Sales Tax Notice to Bidders: Because this car is located in Alabama, the selling dealer may be required to collect and remit Alabama state sales taxes of up to 2% of the purchase amount, even if the buyer plans to register the car outside of Alabama, if (a) the buyer is located in AZ, CA, FL, IN, MA, MI, or SC (capped at $500 in SC), and (b) the buyer does not transport the car out of Alabama using a common carrier (e.g., if the buyer drives the car or transports the car out of Alabama on a personal trailer). Additionally, the selling dealer may be required to collect and remit Alabama county or city taxes from buyers located outside of Alabama, if (a) the buyer does not transport the car out of Alabama using a common carrier (e.g., if the buyer drives or transports the car out of Alabama on a personal trailer), and (b) the buyer fails to provide an executed Drive-Out Certificate for Nonresidents. For additional information, please consult this publication and your own tax advisor regarding sales taxes applicable to cars located in Alabama that are sold to residents of another state.  

Please note that all lots in The Generous Collection are offered after many years of storage, without operation or service, in warehouse facilities. The seller endeavored to provide limited mechanical servicing to bring some cars back to running potential, however, not all cars will be running at time of sale. Because of the extended static display, it must be assumed that all cars will require additional mechanical attention before being driven safely and, in most cases, cleaning to both the interiors and exteriors. All the cars will have imperfections associated with long-term static storage and require extensive sorting to perform best and safely. The burden of determining a car’s status, both mechanical and cosmetic, rests fully on the bidder, prior to bidding and the close of the auction. All lots are sold as is, where is. 

Additionally, due to the location of the collection and limited access to the facility following the close of the auction, all lots must be retrieved while a Hagerty Marketplace representative is onsite beginning Monday, November 3 through Wednesday, November 19. No cars can be retrieved prior to November 3 and any lots remaining after November 19 will be re-located outside in the parking lot for retrieval by their buyers.