Not most of them. There are some though in the age range of it seems like 40-50 though that are restoring these cars now. They are going to great lengths to in order to make them 100% as they came from the factory. They also are paying very large premiums for cars already done or worthy of getting there. The other spectrum of the crowd that owns them though are much younger and want something for nothing and more importantly want to race a car.
Bottom line though I do not think it would be a 20 year old car to get and that would tank in value. It more than likely will hold what ever value it had when getting it and that is saying a lot more than many other examples one could get into when looking for something that age.
Originally Posted by jmn444
I speculate that a LOT. There is a HUGE growth of how many of them are showing up at cruise in's and shows recently, and people closing in on 40 grew up with them. They will definitely become more costly for nice examples over the next 10 years. I'll be looking out for a good deal on a 87+ LX 5.0 for NO other reason than it gives me a warm fuzzy feeling about high school days.
The nice ones have been fetching premiums for awhile now but still in the grand scheme of things they are cheap to get. I own one but because it was a cheap 4 cylinder car but it has exposed me to these people who are actually restoring them. My brother owns one, a GT and has been noticing the same thing.
It was a tough decision but I decide to put the car up for sale. I am sure on some level I will regret it but at least I know I took a long time to decide as I have been considering this over the last 4 years.
Any suggestions on places I might post the car for sale to maximize exposure? You can search it out on ebay at 251208354778 if you want to see the listing. Figured that was a place to start.
Charles with his always in need 68 Fastback
Well, hate to see you sell it, but if that were my ebay ad, I would make a few changes. First I would pull off the shock tower braces, clean them up and spray some fresh paint on them to get rid of the rust. Second, just a good cleaning under the hood will do wonders for a few extra thousand in bids on a car like yours.
Remove the rusted Monte carlo bar. Either paint it black, or ditch it.
Also, go to a shop with a lift and pay them a few bucks to throw it up and take a few photos. Undercarriage photos, or lack of, will run off potential buyers.
I'm not saying hide anything, just remove the road grime and clean up the easy rust the right way. One small item rusted like that sets the tone for the entire ad.
1995 GT convertible - Laser Red
1995 GT convertible - Black (Son's ride)
1966 GT Fastback under restoration- Code T Red
with White LeMans stripes.
4 years ago, I sold my 64.5 coupe which I bought from my Uncle about 20 years earlier (my cousin drove it for 15 years). I restored the car, and really enjoyed driving it whenever the weather allowed (decent weekend driver, 10' car). I always wanted a convertible, so when the engine pooped out on me, my buddies brother (who is a mechanic, owns his own shop) made me an offer that was right in my thoughts. I sold it with the intention of getting another car. It took me 2 years and a bit of additional cash (downturn in the market helped), but I got the 65 convertible I wanted (pretty much already done to a driver state). I still tinker with this or that to make it closer to perfect, but really just like to drive it. Couldn't be happier. So, if you desire a different vehicle, then go for it.
+1 on the underside photos, especially for a car from NJ. You mention floorpans, thats a red flag for me as a shopper and I would want to see how you did that and what does it look like on the underside. No pics = a nasty underside and many will just skip it.
I agree with putting up some undercarriage pics. I disagree with taking stuff off and painting it. The car is what it is and some very clean looking painted parts mixed in with worn seat covers and other "issues" will just make it look off from what it really is (or that you're hiding something even though you're not).
However, you can probably get some higher bids if you pull it off eBay completely and freshen it up in its entirety and re-list it. It looks like a good car though. I hope you can find what you're looking for.
'68 convertible restoration "almost done". See Ol' Rusty's progress at 68Vert.BlogSpot.Com
Since you have pulled the trigger on selling your '68 but made no mention of a specific replacement, I have a suggestion. Take a look at the new Subaru BRZ Limited. My son ordered one on March 1st and took delivery Memorial Day weekend (one of the first shipments). It is an absolute blast to drive, is fully modern, and gets 30+ mpg on the highway. It's reasonably priced for a car of its caliber and is low production, so it gets quite a bit of attention in traffic and at gas stations....almost as much as the Mustang!
*67 Vintage Burgundy 390GTA with most of the bells and whistles*
Location: Soviet Socialist Republic of Massachusetts
Why not replace a people mover with a fun people mover?
We just replaced my wife's Honda with a Mini Clubman S. Has a larger back seat that 2 kids can easily use, including those in car seats. The car itself just just crazy fun to drive and I find I have far more fun driving it than I do my mustang. The are unique enough that they aren't toyota's and like I said, they are just massive amounts of fun on twisty roads. Only downside is I've found I tend to be late for work when I drive it because I go the long way to work just to have fun on the twisties.
But I understand. Honestly, I just installed some brackets for use as child seat harness points. I am upgrading to power brakes, but from a safety perspective, I don't sweat it too much. The car stops as fast as my volvo does. Granted, I don't have air bags but I do have 3 point harnasses installed. I still love driving the mustang, even with my 4 year old son (who really just loves the car).
Or, you could buy yourself an old BMW 3 series (an E30). They are cheap enough now, but some fun toys in it and you have a wicked fun car to drive around that is a little safer and you don't have to worry about the weather, particularly if you can find one of the AWD versions. I've tried that with my wife, but she shot it down due to the fact I already have '3' cars. I have my beater truck, the mustang, and the minivan (not sure how I got stuck driving it, but my wife claims it's because I won't drive the mustang to work).
I have a 2000 Mustang GT as my daily driver, it's a great car and very reliable but I wish I had something else to drive everyday. I just bought my 69 fastback a few months ago and even though I only drove it once, no head was left unturned when I drove by them (not an exaggeration). I wouldn't be able to sell either if my cars for anything. As for wanting something made in the last 20 years, 93-02 Camaros and 94-04 mustang are cheap and plentiful. The 4.6l in my 2000 is the same motor they used in police cars and taxis for so many years so you know it's strong and reliable. I love driving my 2000 I just wish I didn't have to drive it everyday.
Also, when I was younger I found out my dad had a 70 fastback as his first car. I immediately fell in love with the 69-70 cars and I had to have one. Your kids may not appreciate it now but they will love it when/if they ever get to drive it.
I concur with buying a drivable fun car and keeping the classic for sunny days. I decided to keep my 66 - turned down an offer that would have made me a grand - and add a few things to make It more fun. I knew I needed a more reliable DD. Lead me to ordering a new fun car - Plum Crazy Challenger SRT. Ordering it this weekend. Should be here for spring.
66 - W White coupe - 11k mi and fully restored
73 Copper Mach 1 - 351C Holley bbl - under construction
Hmm, back to your original question.......Yes!
A new/newer car will no longer qualify for antique insurance and there are a number of new Mustang owners (among others) that are wrestling with major component failures. Transmissions from China in the case of Mustangs. In the case of the BMW Mini, they too have severe transmission problems-great mileage but God help you when they break down. I have a 2006 with 28K on the clock that just lost first gear. Never abused and always maintained. The stealer wanted $5K+ to repair it. There are no parts available, only forklift replacements. Even just buying the gearbox will set you back $2K. Seems these all pretty much develop problems at 70-85,000 miles.
The bottom line is make sure you know what it is you're buying and what the upkeep may be on it. Maybe consider keeping the 68 and get another vehicle. Once you sell the 68 you'll never be able to afford to buy it back. A Vintage Air system is pretty inexpensive and very effective and an upgrade that will make the car a pleasure in the summer again and also increase its value.
You're the only one who should be making this decision. Also keep in mind any new "performance" car will come with an option not listed on the invoice - high insurance rates!
A classic will increase in value over time; a new car does nothing but lose it!
I've driven my 64 more places than I can remember and really never worried that much about it's reliability, as i try to maintain it as best I can. I do make sure the tool box is in the trunk! On a trip from Fla to LA, I had the Z bar drop out- sheared off the pin, behind the Alamo! Limped across the street to a garage and they put it on the lift for me. They didn't have what I needed, but gave me a nail to use and it got me to LA where I could get the right parts from the mustang shop! DO THAT with a new car!
The new 69 convert was the PO's garage queen and it's now the GF's DD to get around!
Interestingly enough, I feel driving a classic is safer than a newer car- THEY NOTICE YOU! A 68 FB is really noticed and it's gotta be fun to drive.
Do the AC and a few safety items and it'll be a LOT less cost & future aggravation then a new one, and you won't kick yourself forever!
If you HAVE to sell it- I'll trade for my 08 Mustang!~
64 9/10 Convertible- 370,000 miles & counting (2nd owner)
65 GT Convertible
65 K GT Fastback- 59,000 original miles
69 GT Convertible- 72,000 miles
200 F-250 Lariat, 2010 F-250 King Ranch
The AutoGuide.com network consists of the largest network of enthusiast-owned enthusiast-operated automotive communities.
AutoGuide.com provides the latest car reviews, auto show coverage, new car prices, and automotive news. The AutoGuide network operates more than 100 automotive forums where our users consult peers for shopping information and advice, and share opinions as a community.