Sold My Fastback wanted to update on current values - Vintage Mustang Forums
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post #1 of 17 (permalink) Old 08-10-2017, 05:02 PM Thread Starter
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Sold My Fastback wanted to update on current values

Hi guys,

After much deliberation I decided to sell my Fastback as my heart was never connected to it. I had a Factory Five Cobra before I got the Mustang and never wanted to sell it to begin with. We had a baby and I wanted a back seat so we could continue going to shows and cruising together...but that only ended up happening 4 times a season or so and then I found myself driving the Fastback alone as usual.

I've posted about the car before 393 Stroker, Holley Terminator EFI, TCP Rack and Pinion, TCP coil-over front suspension, Disc brakes, TKO 500, 9" rear TMI custom interior etc.

Here's a picture to refresh some memories...

Fastback by John Smith, on Flickr

At any rate, I know market value comes up quite often when discussing our vehicles so I wanted to give back to the forum so there's some type of gauge on what you can expect from a build like this in return.

I didn't sell the car, I traded. Here's what I ended up with...

Cobra1 by John Smith, on Flickr

4,000 miles, Keith Craft 421 Crate Engine, IRS/IFS, Cobra Disc brakes, TKO 600, 8.8" rear etc. This was easily a $65,000 no expense spared build. I imagine any dealer would be advertising this for $55,000 easily.

So take that for what it's worth. Thanks for all the help guys it was appreciated.

1965 Fastback 393W Stroker
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post #2 of 17 (permalink) Old 08-10-2017, 05:15 PM
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Ok- mark me down as jealous! That Cobra looks like a sweet lil ride. Straight across trade? I've always wanted one too, just never have enough time to build one with all the current projects. Did the guy have another by chance?? LOL
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post #3 of 17 (permalink) Old 08-10-2017, 05:26 PM Thread Starter
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Ok- mark me down as jealous! That Cobra looks like a sweet lil ride. Straight across trade? I've always wanted one too, just never have enough time to build one with all the current projects. Did the guy have another by chance?? LOL
Straight trade!! I never should have gotten rid of the first one, but it seemed like a good idea, and was at the time. For 4-6 rides a season I felt I should be happy with my car the entire time. Maybe that's selfish, but I'm in the car myself 90% of the time so I figured I should be driving what I want to drive
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1965 Fastback 393W Stroker
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post #4 of 17 (permalink) Old 08-10-2017, 06:43 PM
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man i'd love a cobra, but my dreams of one were dashed when I tried to sit in one at the mecum auction. i'm 6' 2" and it was way to cramped for me, and the foot well was so small I could barely work the pedals. trying to get out of it was fun. I think it was a FF kit.

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post #5 of 17 (permalink) Old 08-10-2017, 06:58 PM
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I can see that being a pretty fair trade as long as that whats you wanted. You can find Cobra kits as low as $25K or $75K same as your FB.
Do you think you traded up?
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post #6 of 17 (permalink) Old 08-11-2017, 08:38 AM
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Nice Congrats!
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post #7 of 17 (permalink) Old 08-11-2017, 09:27 AM
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Cobras are very cool

Ex-wife,....."You drove how far for that thing?"
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Friend,......."Dude, thatís a rusted pile."
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post #8 of 17 (permalink) Old 08-11-2017, 11:03 AM Thread Starter
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man i'd love a cobra, but my dreams of one were dashed when I tried to sit in one at the mecum auction. i'm 6' 2" and it was way to cramped for me, and the foot well was so small I could barely work the pedals. trying to get out of it was fun. I think it was a FF kit.
This is the 2nd Cobra I've owned now, the foot well is substantially larger on this one.

1965 Fastback 393W Stroker
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post #9 of 17 (permalink) Old 08-11-2017, 11:05 AM Thread Starter
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I can see that being a pretty fair trade as long as that whats you wanted. You can find Cobra kits as low as $25K or $75K same as your FB.
Do you think you traded up?
I think I'm at the very least even or a bit ahead. I feel like neither one of us would be saying "I made a mistake".
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post #10 of 17 (permalink) Old 08-11-2017, 11:10 AM
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Originally Posted by donkeykong View Post
This is the 2nd Cobra I've owned now, the foot well is substantially larger on this one.
what make is your new one? being that they are a kit, can you make it larger (within reason) when you build it or is it just differences in company's designs?

66 mustang coupe, 302 / T5-Z / 3.80 trac-lok

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post #11 of 17 (permalink) Old 08-11-2017, 12:42 PM
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Both really cool cars, and I agree that I do not think anyone "lost" on that deal your FB was really well done.

A Cobra kit is the one thing I have said for 20+ years now that I WILL eventually build, but I have another 15+ to wait I think to make it feasible heh.

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post #12 of 17 (permalink) Old 08-11-2017, 01:04 PM
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I think it depends on the Kit, but I feel you traded up. I had a Factory Five Mk II Cobra with a 514 Crate engine and all of the high-end goodies with no donor parts. I would have traded for your car in a second and felt like I got the better deal, but again, it depends on who made body.

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post #13 of 17 (permalink) Old 08-11-2017, 01:56 PM
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what make is your new one? being that they are a kit, can you make it larger (within reason) when you build it or is it just differences in company's designs?
Not trying to get this thread off track, but I will.

I am 6'6 and when I was seriously shopping for Cobra kits in 2008 I was confident that I could fit in some. Factory Fives are pretty roomy and quite customizable with some effort. I followed a guy my height on the FFR forum that made a bunch of mods to fit. I also traveled to Factory Five, ERA and Hurricane Motorsports and talked with the owners and was convinced I could make it work. Sat in an ERA built for a tall person and I fit OK. My first ride in a Cobra was at Hurricane with the then owner. A few weeks later I called to place a deposit on the Hurricane and the owner the refused saying he was going out of business (recession and what an honest person). They actually ended up changing owners, but I got spooked.

One day I may still build one but I am really liking the restoration process on my Mustang and feel it has a soul of sorts. The Cobra not so much but the 427 Cobra is still the most beautiful car ever produced to me!

And to the OP, I don't know if the FB or Cobra are worth more, but how could you go wrong!! Both gorgeous cars
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post #14 of 17 (permalink) Old 08-11-2017, 02:53 PM Thread Starter
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Originally Posted by fordguy View Post
what make is your new one? being that they are a kit, can you make it larger (within reason) when you build it or is it just differences in company's designs?
Mine's a Factory Five, you can make some modifications to fit.
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1965 Fastback 393W Stroker
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post #15 of 17 (permalink) Old 08-11-2017, 03:04 PM Thread Starter
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And to the OP, I don't know if the FB or Cobra are worth more, but how could you go wrong!! Both gorgeous cars
That's how I decided to look at it, I'm happy, if I lost a few bucks meh.

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