Classic Mustang value guide

[sixseven]

With a devalued dollar, the folks in the middle and far east will pay plenty for a part of the American dream. We are like the weak Japanese economy in the late 40's with cheap products and high overseas demand. Selling between ourselves a market with lower potential than selling to the wealthy.

[Fast68]

Originally Posted by sixseven

With a devalued dollar, the folks in the middle and far east will pay plenty for a part of the American dream. We are like the weak Japanese economy in the late 40's with cheap products and high overseas demand. Selling between ourselves a market with lower potential than selling to the wealthy.

I've heard of foreign investors/collectors buying 10 over here, shipping them all together (maybe a bulk discount?), and then cherry picking the best 1-2 out of the lot and selling the others off. Probably fun if you have the money!

[Monsterstang]

Originally Posted by GT350R Klone

Looks low here and there. Example: show me a 66 289 4v fastback that has been restored with only minor things to do for $10k, or the vert for $10.8k and I'll bring cash and a trailer.

+1 to that

[redmach69]

I saw this article too, I think the prices would be fair but they are way below most asking prices. Especially the #1 and #2 cars, I don't think they can be bought for the values listed in the magazine. Most of these cars seem to be with dealers who want a fortune for them and will sit on them if they don't get it. I mean, I wish I could buy a #2 1969 or 70 Mach 1 for 22K, but even 351 cars are commonly offered around 40K.

[The_Dude]

Originally Posted by redmach69

I saw this article too, I think the prices would be fair but they are way below most asking prices. Especially the #1 and #2 cars, I don't think they can be bought for the values listed in the magazine. Most of these cars seem to be with dealers who want a fortune for them and will sit on them if they don't get it. I mean, I wish I could buy a #2 1969 or 70 Mach 1 for 22K, but even 351 cars are commonly offered around 40K.

Where is that? My feeling is $25k is about the norm for a #2 351 mach 1.

[Carburetor]

Well, compared to the EURO the US$ is way stronger than for years. In 2008 we payed 63 cent for 1 US$, today we pay around 80 cent.

I have imported two cars myself (68 Cougar, 64 1/2 Mustang conv.) for private use and at the end I payed more than the US$ amount in EURO with all taxes and import costs. A 15.000 US$ car is easy 16.500 EURO until it is here - unregistered.

And there is always a high risk being ripped. I´ve seen an old 60s cadillac. The guy bought a ticket visited the dealer in the US, checked the car, payed cash and after he left the seller ripped the car in pieces, took away anything in good shape and replaced it with crap. Unfortunately I had no photo - I saw the car in person.

Just for those who are interessted: We have something around 4.000 classic Mustangs in germany. On mobile. de there are permanently between 300 and 500 for sale.

Mike

[geicoman58]

Hey Carburetor Mike, Do you ever see any of the Amsterdam built 65/66s in that mix. I think it would be cool to buy one of those and ship it back here to Baltimore. I have seen Mexican built cars here, but never a dutch built one.

[Carburetor]

Hi geicoman58 ,

unfortunately I´ve never seen one. Dutch Mustangs are rare and at the end the cars were just "finished" here as far as I know. Noone knows how much Mustangs were bulit in 65 in Amsterdam, 66 ist was exactly 352.

Mike

[Pmustang]

There are two reasons Loy's of cars are coming to Europe and more specifically England

Firstly the pound to dollar ration. We get $1.60 for every pound

Then they have recently changed the import tax rate from over 30 percent to 5 percent. A huge plus for buyers

I know of two convertibles bought in Florida from a dealer at a show recently and they went straight to Germany.

I was in Belgium last year and visited a classic mustang dealer and his prices were beyond insane. 50k Euros for a driver 68 fastback bullet clone. He had two GT350 Hertz cars nod a 66 GT350 as well. Not short on stock.

[The_Dude]

Originally Posted by Pmustang

There are two reasons lots of cars are coming to Europe and more specifically England/

I sold a convertible last April that went to Sweden. It seems like most of the classics we've sold in the last 10 years have gone to either Australia or Europe. This does prop up prices here, but the cars are gone. It's simple economics though. They are willing to spend the money, so they get the cars.