1964-1970 Mustang Member Tech & Restoration Discussion

HOw to value a classic mustang?

Thread Tools
 
Search this Thread
 
Old Jul 22, 2011 | 11:18 PM
  #1  
3Mach1's Avatar
Thread Starter
Mach 1 Member
 
Joined: August 19, 2006
Posts: 610
Likes: 0
HOw to value a classic mustang?

I am trying to help a friends Mom who has a 68 Mustang. This car is very very clean and has a 289 with a three speed on the floor. It is nothing special but it is in excellent condition with somewhere around 155 K miles on it and no rebuilds. It runs and drives as it should. She wants to sell it and we have no clue what its worth.

I am asking here how to find out the worth and who to contact about it. I dont have pics but Im working on it along with the vin. This car is clean as can be for its age. Its not perfect but very very nice imo.

If anybody could point me in the right direction I would appreciate it. I know these things are all over the board and its out of my realm. I just have no feel for classic Mustangs. The car is nothing special but I would challenge you to find a nicer 68 in better condition that is not a barrett jackson. This car is nice. Its one you would not be afraid to drive.

Any info is appreciated and thanks.
Reply
Old Jul 23, 2011 | 12:33 AM
  #2  
BA Mustang's Avatar
Super Boss Lawman Member
 
Joined: June 29, 2007
Posts: 4,133
Likes: 2
From: Huntsville, AL
Its probably worth about $8,000. Main thing to do is search around ebay and craigslist, and find mustangs around the same condition it is in. Then look at the prices and see how they are, and then determine your asking price from those. The selling price really depends on your location. A mustang might sell for $10,000 on the east coast, but take the same one over to the west and you get like $7,500.

Last edited by BA Mustang; Jul 23, 2011 at 12:36 AM.
Reply
Old Jul 23, 2011 | 02:13 AM
  #3  
3Mach1's Avatar
Thread Starter
Mach 1 Member
 
Joined: August 19, 2006
Posts: 610
Likes: 0
Originally Posted by BA Mustang
Its probably worth about $8,000. Main thing to do is search around ebay and craigslist, and find mustangs around the same condition it is in. Then look at the prices and see how they are, and then determine your asking price from those. The selling price really depends on your location. A mustang might sell for $10,000 on the east coast, but take the same one over to the west and you get like $7,500.
Thank you so much. We were thinking it might be worth7500 at tops We just dont know. Im going to be asking around and trying to find some serious Mustant collectors to help. I thank you so much for your help and opinion.

She does not want to make a killing but she does not want to be ripped off either. That is why she ask m e (like Im some expert) to try to help. Im just trying to be a middle man of sorts. There is nothing in it for me by the way. Im just trying to help out a friend.

Last edited by 3Mach1; Jul 23, 2011 at 02:17 AM.
Reply
Old Jul 23, 2011 | 06:25 AM
  #4  
3Mach1's Avatar
Thread Starter
Mach 1 Member
 
Joined: August 19, 2006
Posts: 610
Likes: 0
Some *** hat who restores cars told her it was worht 20 K. Idiot. Her son now believes it and he told her son it was rare. He called me and I told him no way. He does not believe me.

The guy told him it was rare. WTF? Nothing is rare about a 289 Mustang from that era and I had one myself. Idiots. IM trying to help but its hard pushing through the BS.

I h ave b een drug into this some how or another????

Last edited by 3Mach1; Jul 23, 2011 at 06:27 AM.
Reply
Old Jul 23, 2011 | 08:20 AM
  #5  
BA Mustang's Avatar
Super Boss Lawman Member
 
Joined: June 29, 2007
Posts: 4,133
Likes: 2
From: Huntsville, AL
Well the 289 is kinda rare for the 68. In 68 they used all the 289s they had and then went to the 302 later that year, if I remember correctly. It definitely isn't worth 20K though.
Reply
Old Jul 23, 2011 | 08:40 AM
  #6  
polarisTXguy's Avatar
GT Member
 
Joined: December 26, 2010
Posts: 181
Likes: 0
From: Lone Star State
Pictures? Where is the car located?
Reply
Old Jul 23, 2011 | 08:51 AM
  #7  
dmhines's Avatar
Shelby GT350 Member
 
Joined: September 11, 2006
Posts: 2,349
Likes: 5
From: Cumming, GA
Is it a coupe or fastback?
Reply
Old Jul 23, 2011 | 12:26 PM
  #8  
3Mach1's Avatar
Thread Starter
Mach 1 Member
 
Joined: August 19, 2006
Posts: 610
Likes: 0
Its a coupe and located in Kentucky. My friend is going to try to get pics for me. Its a blue/green color. It has been repainted but looks good and all stock. I forgot they went to the 302 later that model year. Its nothing fancy at all but a good clean car for its age. Somehow it survived. The engine runs perfect and to my knowledge does not smoke or anything. The car has a bit of rust below the back window and the paint is bubling up. Otherwise its very solid car. If a person bought it they may want to consider rebuilding the engine with so many miles on it.

I have sent out an email requesting pics. I dont know if I will get them or not. IM just a middle man trying to help so please dont throw me under the bus. This is a really nice car though. I wish I had the money and space for it myself. You will be hard pressed to find a nicer one. This one survived because it basically has only had one owner. The lady that has it now got it in a will and has not driven it much at all. It would really b e a sweetheart for somebody that appreciates the older stangs.

Last edited by 3Mach1; Jul 23, 2011 at 12:52 PM.
Reply
Old Jul 23, 2011 | 04:51 PM
  #9  
FLAstangx3's Avatar
Team Mustang Source
 
Joined: September 16, 2005
Posts: 1,705
Likes: 2
From: Yatta-Abba, AL
NADA Classic Car Guidelines 6/11

Mustang 2dr hdtp $6725
Mustang GT 2dr hdtp $7750

add 10% 302 V8 eng
Reply
Old Jul 23, 2011 | 11:44 PM
  #10  
3Mach1's Avatar
Thread Starter
Mach 1 Member
 
Joined: August 19, 2006
Posts: 610
Likes: 0
Originally Posted by FLAstangx3
NADA Classic Car Guidelines 6/11

Mustang 2dr hdtp $6725
Mustang GT 2dr hdtp $7750

add 10% 302 V8 eng
Thanks and that is helpful. I do think this particular car is worth a bit more due to being in what I would consider better than average condition. Its basically a one owner car. The owner who has it now may have put 2500 miles on it. Its not that often you see one of these with so many miles that still runs perfect. So, it was cared for and not abused.

If I could afford this car I would just drive it. Its not pristine or rare but its a good clean example of how a 68 was back in the day stock. You would not be scared to death of somebody hitting you but you could enjoy it at the same time. It almost makes me want to put a scheme together in my mind to justify it myself. I need another Mustang like i need another hole in my head but somehow these cars are addicting.

Last edited by 3Mach1; Jul 23, 2011 at 11:56 PM.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Jim74656
SN95 Mustang
8
May 1, 2023 02:15 AM
carid
Vendor Showcase
0
Jul 20, 2015 06:26 AM
carid
Vendor Showcase
3
Jul 17, 2015 05:40 PM
AMWill
Vendor Showcase
0
Jul 16, 2015 04:26 PM
BillyDaKid
V6 Performance Mods
2
Jul 15, 2015 12:50 PM




All times are GMT -6. The time now is 08:17 PM.