Join Date: Nov 2004
Location: Vermont, Florida
My cousin has an early 1965 or what some consider a 1964.5 convertible that needs total restoration. He is going to be selling it (when we figure a value I will post it on the appropriate cars for sale forum). He started a restoration by totally disassembling the car,tearing down the motor and replacing some sheetmetal. He now just wants to sell the car as-is. He does not know vintage Mustangs very well so he asked for my help in placing a value on the car. Well, I know 69-73 Mustangs fairly well, but not much about the earlier ones. I have done some research throughout this forum and other venues though. This is what I know about the car. It decodes out to be Rangoon Red with standard black interior, 260 V-8, c-4 transmission and a production date of July 18, 1964. It has the large, frame mounted horns, generator charging system, horn relay under the voltage regulator, beveled "unfinished" hood edge, radiator support with cooling vents, distributor with oil wick and a couple of other items that indicate an early 1965 convertible. The car is in pieces though and very rough. It does need alot of rust repair (i.e.- floors, torque boxes, trunk, one rear quarter, etc.) but all the numbers that I am aware of are there. My cousin realizes this is a major project car. But it is rebuildable and being an early V-8 convertible I think it should be restored. I told him and he does realize that it is not worth much. But can anyone give a ballpark number on where he should start? The numbers I see have such a wide range.