VMFrs,
I am curious if you guys can put an accurate price on what I should pay for this K-code mustang that will be rolling across the auction block at Mecum auctions on 25 Mar in Kansas City.
Pure guess....$50k
So many variables, it makes my head hurt. I wonder if it was originally a k-code? I doubt it, or why would somebody resto-mod it so much?
I believe we discussed this car a couple of months ago and the consensus was- Why ruin a perfectly good K code to build a faux Shelby? The car would be worth more money as a genuine K code than it is as a Shelby clone. He should have started with a T code to build a simulated Shelby.
Well, I've sold a few at Mecum...ran some that didn't sell as well. What I can tell you for sure is that it is a Saturday night "Star" car, which means that the owner paid about $2500 to feature the car and have that spot. Usually Friday vehicles in positions like that reflect upper 5 figure to 6 figure reserves. Mecum rates the cars that have those spots and only allow cars that they believe will bring $75k and more. Saturday night Star cars are usually expected to bring over 6 figures by Mecum. Just my experience... Good luck hope to see you "steal one". Lol!
By no means am I saying the car is worth those speculative figures, I've seen some thrown together cars in those spots.
No where even close to a clone. I get so tired of hearing that word. I wouldn't even call this one faux. Is it even a real HiPo engine. Where's the proof of that? And who cares that the Ring Brothers painted the Shelby stripes? Are they the only ones now certified to do it correctly? It's a fastback with a bunch of parts thrown at it.
Yes! I did a quick look and responded. It's why I ask about the car itself. To do that to a "K" code car would be asinine!! But if it was a K code with a K engine then all is not lost, otherwise, it's just a fastback with a pretty paint job!
Regardless of what it is or isn't some drunk will bid it up to $100K just to impress his friends with how much cash he has in his pocket to spend on toys.
And you wouldn't win the auction! Just because "purists" don't like clones doesn't mean the rest of the public doesn't eat it up! This will sell for quite a bit of money and it's because of the "fauxnification" outside of it being a Fastback. All things equal a stock '66 Fastback and this Fastback, head to head, this is going to sell for a much higher price hands down.
i too have seen numerous modified K codes, mainly to look like Shelbys, and even real Shelbys with sleazy modifications. But once upon a time these were just clapped out used cars, and nobody cared what you did to them.
and my 65 K fastback GT was going to go to the crusher in 1974 because nobody wanted it and I reluctanatly paid $125.00 for it because the body was straight.
^Sad but true Z. I have told this story a couple times here. When I was 19 or so I tried to get my dad to buy or help me buy a true '65 GT350. Everything on the car was completely original except the engine, which was a real HiPo engine. However, the original engine did come with the car.
$12,500...sold to a then friend of mine. He sold it less than one year later to a guy in Tampa for over $30K.
I have seen numerous cars at high end dealers ( In Florida and Chicago area), AND at auctions that at 20 feet looked fantastic. But on more than one of them the floor pan had been replaced USING RIVETS.
Often the auctions don't allow for in depth inspections that can reveal serious hidden flaws. Personally I wouldn't consider buying a car that I hadn't inspected, or paid someone to inspect.
yup. we go to mecum in kissimmee every year. i'm far from the perfect builder, but a lot of the higher end cars look like absolute crap. I wouldn't want my name attached to them for the money they go for. I guess it's a "make them look good enough to sell" mentality.
It's what the market will bear. Not what purists will bear. Especially because purists usually wouldn't bid on something like that. If someone wants to dump 100 large on a car like that, well PT Barnum had a phrase for people like that. But at least its not my money.
Yep. All cars look better at closing time! My guess is that it is not a k code body as they missed a good opportunity to talk about a factory 9" rear and other hipo particulars. Probably a regular engine built to hipo specs and solid lifters. My guess is 75K and that is more than I would pay. However, I would take a candy apple red, k code fastback in stock condition any day!
I like the car, but my bid limit would probably be
about $20K. Maybe a little more, but not much.
I'm very leery just because this auction description
is so god-awful. A big warning sign is that the
language is deliberately vague. Not to mention
some rather unbelievable claims to engine, paint,
and mileage. The most glaring omission is the
actual VIN, or at least the first 5 digits. In fact,
you might want to confirm there's an "09" body
code in the VIN before placing a bid. Something
like 6F09Cxxxxx.
I doubt there a genuine 289 Hi-Po engine residing
under the hood. The seller failed to provide photos
proving the engine's pedigree. The Hi-Po engine is
worth more than the rest of the car. So it's safe
to assume this is a common 289/302 with a cool
valve covers and ITB installed.
There's nothing to suggest this car has a K engine
code VIN. The seller didn't declare this in the listing.
I'm not sure why so many earlier posts jumped to
that conclusion.
Regarding build quality, why take the body down
to bare metal for repair and leave the dash hacked
up? It's a safe bet the "nut and bolt" restoration
didn't include good body work and solid cowl metal
which doesn't leak. Old, rusty lug nuts? Oxidation
and dirt on the engine? Was it really too much
trouble to detail the car?
"Correct Shelby specific paintwork by Ring Brothers"
I'm declaring Bravo Sierra. Sure the Ring Brothers
styling choices are avant-garde and often controversial,
but do Mike and Jim really paint mundane hotrods?
Like they're the local Maaco in the area? "Yeppers.
We can work you in Tuesday next. We just gotta
finish up this $800K custom Pantera for it's debut
at the Detroit Autorama. We trying to win a Ridler
Award. Then your hotrod is next in line. But do you
really want to spend $40K for us to paint a car that's
worth about $25K?"
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Related Threads
?
?
?
?
?
Vintage Mustang Forums
4M posts
89.2K members
Since 2001
A forum community dedicated to vintage Ford Mustang owners and enthusiasts. Come join the discussion about restoration, modifications, NOS parts, troubleshooting, VIN codes, and more!