1966 Olds Cutlass Convertible by Greg Zyla
Q: Greg, I read your columns all the time in Auto Round-Up and enjoy them very much. I have a 1966 Olds Cutlass convertible with a 330-inch V8 engine, automatic and power steering. The car is all-original and only has 50,000 miles on it. I just had it painted, and would like to know how many were built back then, how much they were and how much it is worth now. A reply would be greatly appreciated. Jim B., Port Charlotte, FL.
A: Jim I’d be happy to help and your ’66 Olds Cutlass is one good looking car! Thanks for the photo.
As we delve further into this answer, you’ll find your Olds convertible is a very rare car, but let’s start with the Cutlass heritage.
The Cutlass model appeared for the first time in 1961 as a top class F-85 model, and through the years became so popular, it carved a reputation of its own and lasted a full six generations and 38 years through 1999. Thus, the Cutlass it one of the car industry’s longest running model brands.
A total of 226,585 115-inch wheelbase Oldsmobile models were produced in 1966, which includes F-85, F-85 Deluxe, Cutlass, 442 and Vista Cruiser wagons. Of them, only 9,410 were Cutlass convertibles, so you have a very rare Olds on your hands. This is a big plus when it comes to value. Your car weighs about 3,350 pounds.
The standard 330-inch V8 produces 320-horsepower and is an overall good engine, although there were several 330-inchers offered in other models in addition to a second 310 horse engine in your style Cutlass line. The transmission is a two-speed unit specific to Oldsmobile at the time. Also, the styling in 1966 received a more modern tweak, and looked similar to the “88” line from Olds. Most notable is the “spread apart” front dual headlights.
Olds Cutlass convertibles, along with other GM brands, had a tendency to leak along the front of the convertible top when it rained, resulting in rust on the front floors, as water would drip along the windshield pillars. However, since your Cutlass convertible was garage kept, I’ll bet you avoided this problem.
As for value, your original Olds sold for a base of $2,965 at Oldsmobile dealers. Today, restored versions of 1966 Olds Cutlass convertibles go for up to and over $30,000, so I’d say yours is worth somewhere in the higher $22,000 to $26,000 bracket easily, maybe more. Please remember these are book price values, and you may or may not receive that price for your car. But it sure is worth some serious money.
Thanks again for the photo, and good luck with your sweet Oldsmobile Cutlass convertible.
(Greg Zyla writes regularly for Auto Roundup and welcomes reader inquiries at 116 Main St., Towanda, Pa. 18848 or email him at firstname.lastname@example.org).
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Originally posted on Wednesday, November 17th, 2010 at 1:16 pm
Category: Auto Round-Up News