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 |  Dec 04 2011, 3:30 PM

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Originally proposed as a competitor to Ford‘s Mustang, the XP-833 project got two working prototypes, one a V8 convertible while the other was a coupe with a straight-six powerplant. The project was squashed in 1966, as GM’s brand-conscious boardroom wasn’t interested in producing the Banshee and both prototypes were ordered to be destroyed.

But of course they weren’t destroyed, and one one them was ultimately sold directly by GM to a private individual, who in 2006 was consigned by Barrett-Jackson. At that 35th anniversary Barrett-Jackson auction, Len Napoli, a longtime Pontiac collector, purchased this 1964 Banshee Prototype for $210,600. Now he’s looking to make some profits off his investment, having the prototype listed up on eBay for a buy it now price of $750,000.

This isn’t the first time Napoli has tried to sell the Banshee prototype, having been on eBay for $1.3 million back in December of 2007 and then a $1.5 million price tag on eBay in March of 2008. With no success on eBay, Napoli attempted to to have it sold at an RM Auctions event and despite receiving a pre-auction estimate of $400,000-$600,000, the highest bid was just $325,000.

We’re not really sure if Napoli is going to have luck this time around asking $750,000 for the prototype, but he remains optimistic saying that he just has to find “the right person who wants a museum piece”.

Check out a video of this unique, one-of-a-kind Pontiac after the break.

GALLERY: 1964 Pontiac Banshee Prototype

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[Source: eBay via The New York Times]

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