Can anyone tell me what Fair Market Value for a 1984 Mustang GT with 261K miles is?

 

KBB.com

Although I don't think it'll take into account the mustang fantics perspective.

 

Of what I know of your car I would guess about $4000. But it could be more depending on how the car looks inside and out. Then of course, your car would probably bring more money to a Four Eye person then someone who like another genre. For intsance, if I was in the market for another Mustang I would be willing to pay more for yours then I would an 87-93 model because I'm a Four Eye fanatic. But there are people that will automatically dismiss your car simply because its an 84. KBB is great for passenger cars and trucks but is useless when it comes to collectible cars. Believe it or not, an 84 is only one year from becoming an "antique" using the 25 year old standard. Besides, KBB only goes back for 10 years. NADA is better but still not too accurate.

 

Ralph just isn't Ralph without the 84. Whatcha gonna get, a Scion?

 

Are you thinking of selling?, or trying to insure it for a stated value? I've seen pretty nice '84's selling for $3500-$7500. kennyg

 

KBB goes back 20 years (1988), no more.
NADA is almost useless. Only goes back to '87, then you must dig around in their Collector Car place. I can get GT350, SVO, and LX coupe, but not GT. Oops, Passenger Car - Mustang Grand Touring - 3-door sedan.

I am just trying to find FMV and list it as an asset and put a dollar figure to it.

Thanks for the help!

 

How about this site?
http://www.manheimgold.com/car_lo.html

 

Those seemed like fair prices for the '84's. They added $300 for the 5.0 which should be more like $1000 and no mention of the GT option which would include the 5.0 should be like $1500 add on. They say show condition, but should have said A+ exc. A truly restored '84 GT with NOS parts could bring $12-$15,000. kennyg

 

Okay, that works. Good place that I can show the value if asked.

 

Just met Bigred yesterday and he is indeed a Four Eye Fanatic. Was impressed with your tunnel vision to the model. Good to meet you. kennyg

 

but you've also done some quality upgrades/fixes. worth considering in your fair market price.

 

I would rather not.