I'm thinking of selling my car because I have two small kids and I could use the money. I'm looking to get a honest pricing estimate by guys in the know. Do you think I'm asking too much at 40k?
Here is the video of the walk around when I bought the car. I did about 13K additional work by a shop. I realize most of that labor cost I'll have to eat. It has a new stereo, clutch, front end and 05 mustang front seats. The paint is a 9/10...
I think you're right on with the price and wouldn't come dow much. Little more work to do but new owner should enjoy that putting in some time on the car himself. That appears to be a very nice car and work well done. Kinda a mini Eleanor but not over done.
I think you're right on with the price and wouldn't come doNw much. Little more work to do but new owner should enjoy that putting in some time on the car himself. That appears to be a very nice car and work well done. Kinda a mini Eleanor but not over done.
Mods are tougher to price as most are done to the owner's taste which narrows the buyers down quite a bit. A nicely done mod could get you that price but it will probably take a lot longer to find a buyer who appreciates what you did.
I think that engine mods, transmission swaps, 9" rear ends, etc. that aren't really about aesthetics can be quantified. Wheels, interior stuff, paint/stripes... that stuff is really hard to quantify because it's all to the taste of the builder. No offense to anyone but when I see your cars I usually find a certain number of aesthetic things I would undo immediately because they don't match my taste. When I see a heavily customized car it's always about how much I would have to spend to make it look how I would want.
That being said, I think that enthusiasts like us, on this forum, build our own far more than we plunk down big bucks for something already built. So that can skew opinions on value.
There's always those auctions where people with less imagination and ability of their own will pay you for yours.
I think you can maybe get $40k but I think it's above market value for most Mustang enthusiasts and you'll have to hunt down the right buyer. If you're not in a hurry to sell I see no reason why you wouldn't try. It's your car. It's your time. Do what you think is right and don't sell it if you don't feel good about the price.
I say if someone gives you $40k take it and run--around here it would be around $30k for a car like that. Clean car, it's just that we seem to be flooded with Mustangs out west. Good luck with the sale.
Be sure and keep us posted so I say can I told ya'll so.LOL. I think there's a lot of reasons someone would pay your price. Keep in mind I said might have to come down a little bit for the work that still needs to be done. Of course you have to find the right buyer for a modified car like that but they're out there.
I have two kids now! In addition to having no money, I don't have any free time. I struggle to get a few hours a week to head to the gym. I really like the car... Thanks everyone for your input!
I also think it would bring that kind of dollar to the right person, I keep a pretty close eye on the market - and there are a lot '20 ft cars' that try to ask this money. I think you show very well in the vid that the car is as clean as it looks. G'luck w/ the sale. Beautiful car.
If you want to sell it for 40k you need to spend more time on it. Finish putting it together as a first step.
I haveta agree, spending 40K seems like a lot for a car that still needs polishing. That door gap does really jump out, many might wonder about frame damage,.."If it's that easy of a fix, I wonder why the owner didn't just fix it himself" will be on the minds of many.
I think it will be worth your while to finish the car, you shouldn't have to make excuses for $40k car. If the AC is so easy to finish, why isn't it done? It may even be worth it to pay someone to finish the install.
As I mentioned in my original positing, I was looking for an honest estimate on what the car is worth - opinions from others. I never said or purported to have a "street/show car." I appreciate your eagle eye when watching the video but I think your reading comprehension could use some improvement.
I never said the car was worth x... I was merely trying to get some feedback from guys and gals who have experience with these cars.
While I understand the reason for your original post, I don't think asking that type of question will get any type of response that you can really hang your hat on.
The response you need to be listening to is the response of the people looking at buying your car (or the lack of interest). Your car will appeal to some, not all (as evidenced in this thread). The people that call or show up to look at it are your target interest group, not a bunch of people that may or may not like your style or year on a forum. Advertise it for sale in many areas, if you are getting lots of interest (calls, in person looks), then your price is not far off. But if after two months and you don't have much interest, either you are priced too high or you need to be prepared to wait for the right buyer
This was my 65 fastback I built. I started it in 2001 as a 200 six 1 bbl beater and finished it in 2010. I sold it in December 2011 and the next owner sold it at Barrett Jackson Las Vegas in 2012. He made a profit over what I sold it for. It does not mention in the ad that the seats are leather not vinyl, all new glass, tri bar halogen headlights, LED taillights, fluidyne aluminum fox body radiator, top of the line focal component speakers in front and rear, street & performance chrome serpentine setup, aluminum driveshaft, hydraulic clutch, ring brothers billet hood hinges, complete painless wiring harness, dynamat throughout the entire car, custom trunk carpeting and some stuff I am sure I am forgetting. I spent quite a bit more on this build than what you say you spent on yours (doing 80% + of the work myself).... the classic car market seems to be better now than it was then, but there are always people with money at Barrett Jackson. The paint on the car was 10/10, ice cold air and everything was working perfectly on the car, no finish work needed.
This was my 65 fastback I built. I started it in 2001 as a 200 six 1 bbl beater and finished it in 2010. I sold it in December 2011 and the next owner sold it at Barrett Jackson Las Vegas in 2012. He made a profit over what I sold it for. It does not mention in the ad that the seats are leather not vinyl, all new glass, tri bar halogen headlights, LED taillights, fluidyne aluminum fox body radiator, top of the line focal component speakers in front and rear, street & performance chrome serpentine setup, aluminum driveshaft, hydraulic clutch, ring brothers billet hood hinges, complete painless wiring harness, dynamat throughout the entire car, custom trunk carpeting and some stuff I am sure I am forgetting. I spent quite a bit more on this build than what you say you spent on yours (doing 80% + of the work myself).... the classic car market seems to be better now than it was then, but there are always people with money at Barrett Jackson. The paint on the car was 10/10, ice cold air and everything was working perfectly on the car, no finish work needed.
This is a good example me thinks. So with comm this person paid about $43? Its very nice yet shows how $$$ gets lost on chrome and custom work. i think if a few $k were left off chrome hinges and pretties and other excellent upgrades like the leather wouldnt break or make the deal it would have still brought good $$ and been an excellent car, I prefer an Omega to a diamond Rolex, :shrug:
As I watched the video (well done, btw), I was thinking the exact price someone else posted- $30k. I believe there is well and above $40k in the car, but unfortunately these cars are never worth what has been put into them.
As for the nitpicky little things, unfortunately perception is reality. The second I saw the glove box door open, it was like a record needle scratching across the album and the music stopped. I'm thinking "Whoa- on a $40k car the inside of the glovebox door should be finished!" Then I'm thinking, "What other little things have been overlooked that I'll have to fix.?"
Fair of not, at $40k I want to get in, turn the key, and have a nearly perfect car. At $30k, I think that car will be sold in a couple weeks- at $40k, you may have it awhile (that said, I hope you get $40k the first day you advertise it and can come back and tell everyone to pound sand ).
I sold my first '65 when my kids were 2 and 4 for the same reasons you list (and bought my second '65 when the older one turned 16 and I needed an "extra" car to bring my insurance down ). Enjoy the kids- they get old quick.
If you took the car to Charlotte for the 50th, you might even be able to get mid $30s from someone at the show.
I would say no more than $30k based on what I've seen on the market. Receipts don't add up to value at time of sale. If you finish the odds and ends you might get $35k. Heck, if you finish the odds and ends and take it to an auction like Mecum it will probably exceed all of our values. Auctions sometimes have people with more money than brains and you may be a happy camper.
I agree about the auctions. The values tend to go up. Often times the buyer is not savvy enough to see the flaws. I saw a couple of not good cars get decent money at BJ this year.
There are several high end fastbacks for sale on CL in my area. They have been available for a long time. The other odd thing I noticed is rough mustangs of all types are still asking a lot of money. Usually the BJ aura has gone down by now.
After 1/2 arsedly watching the vid with no sound and skim the comments. Id say 40K was an appripriate start. It'll keep the rif raff away.
Consider a 20K+ driver that needs a lot. Now if this was turn key and a trade off from concourse oldie to custom fully functional and rattle free highway traveller. (Like I said I didnt scrutinize much) Take 32,500 if you need it for the mortgage otherwise holdout for the money and let the tire kickers walk on to a project.
The best advice is to finish the car. All of it working, all of it detailed, all of it done. Then, maybe you can think about getting near your price. Personally, I would be thinking I could steal the car (get it for a good price) because of all the things still unfinished if I was trying to buy it. I could pick at it and knock you down on your price.
I've sold every car and every house to the very first buyer, because I price it fair and also I have everything completely working and finished in primo condition. I don't give my potential buyers an excuse NOT to buy it.
The best advice is to finish the car. All of it working, all of it detailed, all of it done. Then, maybe you can think about getting near your price. Personally, I would be thinking I could steal the car (get it for a good price) because of all the things still unfinished if I was trying to buy it. I could pick at it and knock you down on your price.
I've sold every car and every house to the very first buyer, because I price it fair and also I have everything completely working and finished in primo condition. I don't give my potential buyers an excuse NOT to buy it.
Every time I read a thread you have responded to...I spend an extra 10 minutes just admiring your car. You have one of the best looking cars I have seen...IMO.
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