66 Mustang Fastback, whats it worth? - Vintage Mustang Forums
Vintage Mustang Forum
HomeForumGalleryClassifiedsAbout UsAdvertiseContact Us
» Auto Insurance
» Featured Product
Go Back   Vintage Mustang Forums > General Discussion > Vintage Mustang Forum
Vintage-Mustang.com is the premier Ford Mustang Forum on the internet. Registered Users do not see the above ads.
Reply
 
Thread Tools
Old 04-18-2013, 03:58 PM   #1 (permalink)
Senior Member
 
Dragbug's Avatar
 
Join Date: Sep 2012
Location: Alaska
Posts: 239
Default 66 Mustang Fastback, whats it worth?

So I came across a 66 Mustang Fastback with factory 4 speed and 289. I am curious what its worth as I don't want to over pay but also don't want to low ball the guy. Below is the description he listed.

Times are getting harder in Fairbanks, and as much as I'd love to keep this car and finish restoring it, I don't have the time to do it. The car belongs to my step father, who did all of the current work to the car, roughly 5-8 years ago. He got tired of working on it, and put it into storage. He was going to get rid of the car, and I had asked if I paid the storage costs if he would hold it for me. Here I am 4 years later, still without the means to finish it. This car needs to go to a home that will take care of it, and turn it into the cruiser it has potential to be.

A few disclosures:
- Obviously the car has been in storage for a few years. The paint on the car isn't anything to write home about, as it's been painted black at some time before my step-dad got the car. The bodywork that was done is in decent shape. The doors need some work.
- The door tags do NOT match the chassis VIN. The car was indeed a factory 289, 4 speed 2+2 car.
- The current 289 (less than 10 miles on it) is thought to have a bad ring (unseated) as it's not building compression as it should. My step dad is pretty convinced the motor needs to come out and be gone through, however I'm not sure that the motor just hasn't been run in long enough to get an adequate seat yet. Also, my step dad noted that when he opened up the cooling system after he ran it, it looked like there was some sand or sediment in the cooling system. He wanted to pull the motor and disassemble and have it hot tanked.
- We are still looking for the ignition key/trunk key. The car should fire up with a new battery and maybe some new gas.
- The car needs the details finished to make it a complete car. Technically it's a drivable classic as it sits (assuming the motor doesn't need to come out).

Onto the good stuff:
Factory Fastback 2+2 car, a rare option, especially to find one in Alaska.
New (re-manufactured) PAW 289 CI V8 with less than 10 miles on it. .020 over
Custom 6 pack intake with triple 2 bbl carbs, including progressive throttle linkage (super cool setup)
Car will come with additional 4bbl Edelbrock intake and 4 bbl carb
Engine bay has been cleaned and repainted with a satin/flat black
4 Speed Transmission with new clutch and throw out bearing
Electronic ignition (no more points!)
New brakes all around, including all hard lines.
New rear axle bearings
New Styled Steel Wheels (similar to a Cragar SS look)
New Tiger Paw tires (this was probably 6-8 years ago, they may not be good for anything but rolling stock)
Will come with original wheels
Brand new Pony exhaust (complete)
HiPow exhaust manifolds (not original)
New Fuel tank and sending unit
New wiring throughout (main dash harness is still original)
Almost new interior
New floor pans and seat risers
New carpet kit
Pony interior added by previous owner, still in good shape.
Dash repainted gloss black
Replica Rally Pac (rare option, even with an aftermarket piece)
Wooden Pony Steering Wheel
GT fog light kit
Additional headlight switch
New Gas Cap
New weather stripping in the box (uninstalled)

Truly too much to list. Spare parts galore, 2 spare 289 motors will come with the car, both need work. All kinds of documentation, from shop manuals to reproduction parts books. All the parts are there for a complete car, it just needs someone to finish it.
Attached Images
File Type: jpg 66 Fastback front.jpg (28.6 KB, 205 views)
File Type: jpg 66 Fastback Interior.jpg (36.4 KB, 204 views)
File Type: jpg 66 Fastback Rear.jpg (29.4 KB, 209 views)
Dragbug is offline   Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Old 04-18-2013, 04:02 PM   #2 (permalink)
Senior Member
 
Jays66gt's Avatar
 
Join Date: May 2011
Location: Southern New Hampshire
Posts: 1,009
Default

So you cannot drive it, but it seems to be all there. My guess based on what you list is $5,000. And that's my maximum. Too many unknowns to risk more.

But that's just me. Others here will likely chime in and rebut me.
__________________
1966 GT coupe, A code 289, 4 speed.
Jays66gt is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 04:12 PM   #3 (permalink)
Supporting Member
Administrator
 
aslan's Avatar
 
Join Date: Mar 2001
Location: Castro Valley, California
Posts: 11,305
Default

Ask him for some more pics. Those 3 are definitely not enough to shell out your hard earned money.
Stan
__________________
From start to finish:
http://s863.photobucket.com/user/asl...?sort=6&page=1
Bay Area Mustang Association
President BAMA 2012-
'65 Fastback Mustang Monthly March 2013 http://www.mustangmonthly.com/featur...tang_fastback/
NorCal Forum

If you can read this, thank a teacher. Since it's in English, thank a soldier
aslan is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 04:36 PM   #4 (permalink)
Senior Member
 
nymustang's Avatar
 
Join Date: Aug 2002
Location: NYC, NY
Posts: 1,407
Send a message via ICQ to nymustang
Default

Need more pictures but around here that's likely a 10k car. But northeast prices are crazy lately.
__________________
Carl (NY)

65 Fastback Project
nymustang is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 04:36 PM   #5 (permalink)
Senior Member
 
Dragbug's Avatar
 
Join Date: Sep 2012
Location: Alaska
Posts: 239
Default

Quote:
Originally Posted by Jays66gt View Post
So you cannot drive it, but it seems to be all there. My guess based on what you list is $5,000. And that's my maximum. Too many unknowns to risk more.

But that's just me. Others here will likely chime in and rebut me.
From the description, it sounds like it is drivable. There is a question of the motor currently in it as far as bad ring or just not seated. May or may not be an issue but I have a roller 302 I would be swapping into it anyway. The 289 would just get sold.

I will be going to look at it this weekend since obviously the pictures don't tell enough about the car. Either way, $5000 seems pretty low especially considering the work already done. Hell, I have a 65 coupe I have been working on and have pretty much done the same to it as they have to the 66. I know I have at least $5000 into mine. That said, I appreciate the opinion and certainly looking for more.
Dragbug is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 04:41 PM   #6 (permalink)
Senior Member
 
Dragbug's Avatar
 
Join Date: Sep 2012
Location: Alaska
Posts: 239
Default

Quote:
Originally Posted by nymustang View Post
Need more pictures but around here that's likely a 10k car. But northeast prices are crazy lately.
Not much better here in Alaska either lol.
Dragbug is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 04:49 PM   #7 (permalink)
Senior Member
 
Israel's Avatar
 
Join Date: Feb 2011
Location: Nawlins, LA.
Posts: 4,149
Default

Frame rust??
__________________
Wife,........."You drove how far for that thing?"
Daughter,..."Theres no inside and it stinks."
Friend,......."Dude, thats a rusted piece of sheet."
Son,.........."This old car is cool."

USMC Security Forces, Kamiseya Japan, 0311

Build Thread: http://forums.vintage-mustang.com/vi...sted-pile.html
Israel is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 04:52 PM   #8 (permalink)
Senior Member
 
Join Date: Mar 2012
Location: webster wi
Posts: 215
Default

id say 10k if rust freeish
70stangwi is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 05:03 PM   #9 (permalink)
Senior Member
 
Dragbug's Avatar
 
Join Date: Sep 2012
Location: Alaska
Posts: 239
Default

Quote:
Originally Posted by Israel View Post
Frame rust??
That will be one concern. He said his step dad replaced the floorboards already so at least that should be good, if done correctly. The cowl is a big concern as well.
Dragbug is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 05:45 PM   #10 (permalink)
Senior Member
 
Join Date: Nov 2009
Location: Virginia
Posts: 1,484
Default

Quote:
Originally Posted by Jays66gt View Post
So you cannot drive it, but it seems to be all there. My guess based on what you list is $5,000. And that's my maximum. Too many unknowns to risk more.

But that's just me. Others here will likely chime in and rebut me.


5k....? It's a 289 Fastback, not a busted up inline 6 lol.
__________________
"Natalie", '66 Coupe, aka "Jinx", "Jinxie Natalie" (everything goes wrong..)
289, Holley Carb, Edelbrock Intake/Water Pump, Northern Rad
3.55 with Posi, Zoom Clutch
Next On the Agenda:
Interior - Soundproof, new carpet, tilt column (in progress), new steering wheel, seat extenders, Motolita MK3 (in progress)
Exterior/Body/Performance:T5 (In progress) weatherstripping, power steering (in progress)
md02geist is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 06:03 PM   #11 (permalink)
Senior Member
 
Jays66gt's Avatar
 
Join Date: May 2011
Location: Southern New Hampshire
Posts: 1,009
Default

If I cannot see it, drive it, or look at more than 3 pics? Yup $5K tops.
__________________
1966 GT coupe, A code 289, 4 speed.
Jays66gt is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 06:18 PM   #12 (permalink)
Senior Member
 
Join Date: Nov 2009
Location: Virginia
Posts: 1,484
Default

Quote:
Originally Posted by Jays66gt View Post
If I cannot see it, drive it, or look at more than 3 pics? Yup $5K tops.


It sounds like this guy can go see the thing itself. He also gave a really great description of everything.

I really doubt anyone would take a 5k offer on that seriously, but it'd rock if you could get it for that.
__________________
"Natalie", '66 Coupe, aka "Jinx", "Jinxie Natalie" (everything goes wrong..)
289, Holley Carb, Edelbrock Intake/Water Pump, Northern Rad
3.55 with Posi, Zoom Clutch
Next On the Agenda:
Interior - Soundproof, new carpet, tilt column (in progress), new steering wheel, seat extenders, Motolita MK3 (in progress)
Exterior/Body/Performance:T5 (In progress) weatherstripping, power steering (in progress)
md02geist is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 06:19 PM   #13 (permalink)
Senior Member
 
Join Date: Feb 2011
Location: New York
Posts: 593
Default

Tough to tell without looking at it in person.But based on what I see in the fastback market,I don't think $5k will get that car( too low). Personally I would try to get a number out of the guy before I made an offer.You might get really lucky. The tripower setup has me very intrigued some of those setups are worth some good coin.
66HPGT is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 06:32 PM   #14 (permalink)
Senior Member
 
Join Date: Apr 2013
Location: Austin Texas
Posts: 283
Default

I dont know about other regions, but here in Central Texas, where we have no rust issues, a fastback litteraly goes for 10K more than a coup . . .
In short, I'd be shocked if you could get that car for less than 10K but I do wish you the best of luck

PS - come back and let us know would you?
__________________


Matt Bellemare
1967 Coup
289 with 4 Barrel
C4 Automatic
Deluxe Interior

US Army 1983 - 1995
MOS 21G (Pershing Electronics and Materials Specialist
MOS 35H (Repair and Calibration of test and diagnostic equipment.
Currently Senior Field Service Engineer for MKS Instruments.

I promised my car on the day that I bought her that if she got me all the way home from San Antonio that I would do my best to take good care of her. She got me home, so now it's my turn to come through . . .
Matt Bell is offline   Reply With Quote Quick reply to this message
Old 04-18-2013, 06:55 PM   #15 (permalink)
Senior Member
 
Jays66gt's Avatar
 
Join Date: May 2011
Location: Southern New Hampshire
Posts: 1,009
Default

And how many of us have offered assistance based on an online or emailed description only to find the car is far from as described? No way do I go out on a limb and offer assistance to someone and give them advise that I would not follow myself. Would you offer $10k of YOUR money based on a description that you cannot confirm?
__________________
1966 GT coupe, A code 289, 4 speed.
Jays66gt is offline   Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Vintage Mustang Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off


Powered by vBadvanced CMPS v3.2.2

All times are GMT -4. The time now is 08:56 PM.


Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.2 ©2009, Crawlability, Inc.