1964-1970 Mustang Member Tech & Restoration Discussion

Can I get your opinions on selling my Mustang?

Thread Tools
 
Search this Thread
 
Old Sep 25, 2007 | 08:33 AM
  #1  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Can I get your opinions on selling my Mustang?

I have a 70 Mustang Convertible that I've had for over 20 years and like a lot. About 8 years ago my Dad bought a 67 Mustang coupe that was built in Mexico. I did a lot of work on it like replace the interior and my buddy and I did the body work and Paint. The quarters were replaced with Ford panels and floor was replaced. The body has held up well with the exception of be low the rear window. We couldn't find a new panel at the time. It's a good driver but the engine compartment needs redone and I would rebuild the engine at that time too.

I have to decide for myself what emotional attachment I have to the car but the strain on my time and the cost is making me want to sell it. I still have things I want to do on my car and can't do both at the same time.

OK here's my question. There is only about 11 south of the border mustangs known in the US. Do you think this adds to the value and if so, how much?
Reply
Old Sep 26, 2007 | 10:28 AM
  #2  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Hum.... not one response. Well this is what I was thinking. It would be worth a little more than a regular coupe. Maybe equal to a California Special. I'm thinking it's worth about $12,000. I'll track them on eBay to get an Idea of going rate. If anyone has thoughts on this please speak up.
Reply
Old Sep 26, 2007 | 11:00 AM
  #3  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
It's looking like $12,000 is to high. I'll have keep searching for sold car prices to figure it out.
Reply
Old Sep 26, 2007 | 01:26 PM
  #4  
codeman94's Avatar
 
Joined: December 14, 2004
Posts: 7,933
Likes: 16
From: Goshen, IN
Id have to see pics...but any v8 mustang coupes around these parts in good condition is worth about 8-10K.
Reply
Old Sep 26, 2007 | 07:01 PM
  #5  
OKLACOP's Avatar
Team Mustang Source
 
Joined: August 3, 2005
Posts: 1,652
Likes: 3
From: Mustang/Tuttle, Oklahoma
I'm new to the 1st generation mustangs, but I don't think it's worth any more or any less than a comparable mustang in the same shape. Not sure that being built south of the border does much for it. I could be wrong. Just my .02. Good luck in whatever you do though.
Reply
Old Sep 27, 2007 | 11:53 AM
  #6  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Thank you. I think both of you are right. Here's some picture's codeman94.
Attached Thumbnails Can I get your opinions on selling my Mustang?-sharp67012.jpg   Can I get your opinions on selling my Mustang?-sharp67015.jpg   Can I get your opinions on selling my Mustang?-sharp-mexican-id.jpg   Can I get your opinions on selling my Mustang?-sharp67013.jpg   Can I get your opinions on selling my Mustang?-sharp67014.jpg  

Reply
Old Sep 28, 2007 | 05:51 AM
  #7  
Webba's Avatar
Mach 1 Member
 
Joined: March 23, 2005
Posts: 903
Likes: 0
The car looks beautiful btw.
Reply
Old Sep 28, 2007 | 08:05 AM
  #8  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Originally Posted by Webba
The car looks beautiful btw.
Thank you, I just wish I had the time and money to finish it. Detailing that engine compartment would be fun. Especially sense it's different than a regular 67. Down there they kept them the same color as car.
Reply
Old Sep 28, 2007 | 08:58 AM
  #9  
codeman94's Avatar
 
Joined: December 14, 2004
Posts: 7,933
Likes: 16
From: Goshen, IN
ahh....proof that it is a mexican stang....

Seriously though....those wheels detract value..if you want to sell it, you'll need to change them....unless you were honestly trying to keep the mexican theme going....

If you detailed the engine bay, that will definatly make the car more appealing...becuase even though it may run great....the engine really doesnt look like it does....doing that will greatly enhance selling it.

I still dont know how much value is added from it being a mexican car....but if it was just a reggular 67' coupe..I'd say 8-10K after making the adjustments I mentioned.
Reply
Old Sep 29, 2007 | 12:07 PM
  #10  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
I agree about the rims. The tires that came with it had Spanish instructions on the side and some beat up five spokes on it. We tried for a few years to get tires with Spanish on them but we had no luck. I told my Dad we could get the 67 styled steel rims if he didn't want hub caps but we had to do something soon because the old tires were very bad. Next thing I know he come home with those on the car. He passed away a last year and I inherited the car, rims and all.

I would love to detail the engine compartment but to do it right I would rebuild the engine at the same time. That runs into my original problem of time and money. I'll probably drive it as is, then when it needs something major, park it until I can get to it. Thanks everyone for the help. My original plan was to sell the convertible for a GT500 and finish the restore on the 67 in 5 or 10 years. The dealer ADM's blow that all to heck.
Reply
Old Sep 29, 2007 | 12:15 PM
  #11  
poldrv's Avatar
Cobra Member
 
Joined: August 2, 2004
Posts: 1,257
Likes: 1
From: West Kelowna, British Columbia
The car looks real good. You could put new rims and new tires on the
mustang for the American theme. Being a "67" it might sell real well regardless of it being made in Mexico.
Reply
Old Sep 29, 2007 | 02:16 PM
  #12  
codeman94's Avatar
 
Joined: December 14, 2004
Posts: 7,933
Likes: 16
From: Goshen, IN
Originally Posted by Sharp
I would love to detail the engine compartment but to do it right I would rebuild the engine at the same time.
Not really...youd be suprised how far a dressup kit, hose clamps, and black touch up paint can go....
Reply
Old Sep 29, 2007 | 03:10 PM
  #13  
svopaul's Avatar
Service Manager
 
Joined: June 29, 2004
Posts: 6,784
Likes: 626
From: Odenville, AL
The Mexican built history is different and interesting but you have to find someone who shares enthusiasm for that fact and willing to pay for it. As far as comparing the value to a California Special, forget it....you can't compare it to those. The comparison that could be made would be with cars Built in San Jose but really not much more. You might try advertising it in the Mustang Times as it would reach more enthusiasts who might be looking for something different to stand out at shows and that car would give them just that...of course I'm not sure MCA even has anyone properly qualified to judge that car but you never know. Documentation will be your key asset with that car.

My opinion is that if you don't "have" to sell it then keep it....as long as you keep it safely out of the elements and keep it running, it will always be there for you to play with.
Reply
Old Sep 29, 2007 | 10:00 PM
  #14  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
I do have a lot of documentation. I have copies of the original title, in Spanish, and it gives all the options on the car. I'll have to dig it out and post it.
Reply
Old Oct 1, 2007 | 07:12 AM
  #15  
svopaul's Avatar
Service Manager
 
Joined: June 29, 2004
Posts: 6,784
Likes: 626
From: Odenville, AL
Originally Posted by Sharp
I do have a lot of documentation. I have copies of the original title, in Spanish, and it gives all the options on the car. I'll have to dig it out and post it.

That will help you. My '67 GT was a San Jose built car but spent most of it's life in Mexico...I still have the Mexican title for it and the registration decals are still on the back window....but it was a US car that went to Mexico, not a mexican built car.
Reply
Old Oct 1, 2007 | 08:27 AM
  #16  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Originally Posted by svopaul
That will help you. My '67 GT was a San Jose built car but spent most of it's life in Mexico...I still have the Mexican title for it and the registration decals are still on the back window....but it was a US car that went to Mexico, not a mexican built car.
That's pretty cool. Mine still has the stickers in the window too. Part of the fun in the Mustang hobby is finding car's that are a little different or were special editions.
Reply
Old Oct 1, 2007 | 03:39 PM
  #17  
AndrewM's Avatar
 
Joined: June 19, 2007
Posts: 203
Likes: 0
IMO i wouldnt sell it... looks like a great show car! nicely restored. great condition, i would keep it and pass it down, as an hierloom... thats just me.
Reply
Old Oct 23, 2007 | 12:03 PM
  #18  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Thanks again for all your input. I came across a great deal on a Shelby GT today so I bought it. I'm going to sell the 67 mustang. I'll still have the 70 convertible to pass down. I just can't get rid of my drop top. I wanted a new Shelby Gt (or GT 500 which I can't afford) so the 67 has to go.
Reply
Old Oct 23, 2007 | 03:18 PM
  #19  
05stangkc's Avatar
Administrator clevparts@aol.com
 
Joined: November 27, 2004
Posts: 12,593
Likes: 4,345
From: Visalia Ca.
I would Hang tight On Selling it for awhile as the Market is Really Soft Everywhere. BTMO! It is SLOW out there!


KC
Reply
Old Oct 23, 2007 | 09:46 PM
  #20  
Sharp's Avatar
Thread Starter
Bullitt Member
 
Joined: March 21, 2004
Posts: 456
Likes: 0
Originally Posted by 05stangkc
I would Hang tight On Selling it for awhile as the Market is Really Soft Everywhere. BTMO! It is SLOW out there!


KC
Thanks KC
Reply



All times are GMT -6. The time now is 04:26 PM.