Are prices going up? - Page 4 - Vintage Mustang Forums
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post #46 of 61 (permalink) Old 05-11-2019, 08:27 AM
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Originally Posted by Groundpounder17 View Post
Around here you never see a fastback or vert, it’s all coupes. I saw this ‘65 for sale today. It’s a 289 automatic C code, not a GT. it’s been repainted years ago, and it needs painted again. I see hidden rust and nothing special. The owner wants $14,000 for the car because he says they go for big money at Barrett Jackson auctions.

Are prices going up this much or am I undervaluing this coupe?
same car by me same canvas top in nice red, on the old internet about $4,500 and he’s extremely negotiable but that’s rare everyone out there thinks they got gold.
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post #47 of 61 (permalink) Old 05-12-2019, 12:33 AM
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I just came across this one. This seller certainly thinks that the prices have gone up.
And it has the ultra rare 302 Cleveland.
https://offerup.com/item/detail/676538067/
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post #48 of 61 (permalink) Old 05-12-2019, 12:44 AM
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I just sold my 67 coupe for $25k

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post #49 of 61 (permalink) Old 05-12-2019, 01:40 AM
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Black does bring a premium so...if it were at BJ how much??
This is the kind of car that might not be a dollar better than the first car mentioned so it makes it seem like a bargain by comparison and drives up the $$ of any "decent" car. Asking $25K
. https://dallas.craigslist.org/ndf/ct...885563347.html

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post #50 of 61 (permalink) Old 05-12-2019, 01:53 AM
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I shop extensively for Mustangs. 2 coupes last year. I offered 25k on one that was definitely for sale with a sign at a show and was soundly rejected. Another sold within minutes of arrival at another show for 25k and I would have paid that. Both were C code cars. Nothing out of this world like crazy suspensions and wild motors but very nice restomodish type cars. Coupes have definitely went up in price but the thing is you can have 2 at 20k asking prices and one is and awesome restoration that someone spent 35k on and the other is a 12k car with a 2k paint job and some nice chrome wheels. Its more important than ever to do a thorough inspect as folks are very good at hiding things and taking very strategic photos. I have found this out to my detriment many times

Interesting thing is to look at completed auctions on ebay. Lots of cars not sold and yes I understand many cars sell and are taken off ebay but you can see the trend where the stuff that actually sells offically are the projects and cars that appear underpriced in the market at first glance and then you see the issues. Also there are a few sellers on ebay who I have bought cars from and will NEVER buy from again and they appear to sell lots of stuff but I know why.

The fastback asking prices have went wild and sellers are a bit crazy. I called on a car for sale the other day in Virginia. The guy didn't answer the phone after several calls which is not completely unusual as I am calling from another country. I finally got in touch with a friend in Virginia and had him call. The guy answered and my friend drove an hour to see the car. He did a full inspection. Good car, "Okay" single stage paint, V8 and Automatic. I made the guy an offer, a good market price offer, Not an insult by any means. He refused, said he wanted to wait until his "cash buyer" flew in from somewhere the next day. I raised my offer, still he refused. I then tested him with "what if I paid full asking"? He said he still wanted to see if the guy the next day put cash in his hand. Now I know what you are thinking....he made a promise to a guy who bought plane tickets....I understand that totally as I am honorable as well. BUT...I looked at the cars listing the next day...price up 4k So he completely wasted by inspectors time and my money (to pay the guy for his time and effort)

1965-1968 Mustangs imported, prepared and sold in the U.K. and throughout a Europe
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post #51 of 61 (permalink) Old 05-12-2019, 09:02 AM
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One problem is that in a good economy there are people with 10k that want to buy a classic. They go to CL , FB or ebay and start looking at cars in their price range.

Lots of 4-5-6k car with a 10k asking price.

The uninformed cough up their 10k for a car worth half that.

They put another 5k into it and think they now have a 20k car.

As the price goes up, there are fewer buyers. Those fewer buyers for the most part have a much better grasp of value and recognize a quality car vs a lipstick on a pig car.

My 67 is a lipstick on a pig car, but I traded a lipstick on a pig car for it. The PO used elcheapo parts, but the body is rock solid without the usual rust issues. When I sell, somebody is going to get a great blank canvas to start with.


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post #52 of 61 (permalink) Old 05-13-2019, 09:41 AM
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Beautiful! Iíll take a 57 please. I have an irrationally strong desire for a 57 Olds. Every detail of it is just so right.
One of my dad's best friends has a couple of dandy '57's, a 98 2-door h/t with the J2 option, and a Fiesta wagon survivor (in nice shape, not barn-find shape).

1955, 1956, 1957, you can't go wrong with any of those years. Oldsmobile had it "going on" in the mid-50's, and the Rocket V8 was the cat's pajamas, fast car for its day..
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post #53 of 61 (permalink) Old 05-15-2019, 08:55 PM
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@Huskinhano. Cali? Nobody calls California that unless they’re not from here. But yeah, lots of old rust-free cars around here. Though these days most people seem to drive a Tesla. They’re quick cars but they have nothing on a classic Mustang. 🙂
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post #54 of 61 (permalink) Old 05-15-2019, 11:00 PM
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Originally Posted by 69bossnine View Post
One of my dad's best friends has a couple of dandy '57's, a 98 2-door h/t with the J2 option, and a Fiesta wagon survivor (in nice shape, not barn-find shape).

1955, 1956, 1957, you can't go wrong with any of those years. Oldsmobile had it "going on" in the mid-50's, and the Rocket V8 was the cat's pajamas, fast car for its day..
Heck yeah! Itís kind of rare to run into another tri-five Olds fan. Great minds.

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post #55 of 61 (permalink) Old 05-16-2019, 11:42 AM
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Heck yeah! Itís kind of rare to run into another tri-five Olds fan. Great minds.
The "nostalgia" quotient for Tri-5 Chevrolets is so high, and the demand drives the values so high, that you can typically buy an equivalent-condition Tri-5 Olds for half the money of a Chevrolet.

Which is nuts... Just nuts... If you were to actually compare the two vehicles side-by-side, and then drive them. No comparison.. The Olds is twice as much car, for half as much money.
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post #56 of 61 (permalink) Old 05-16-2019, 12:03 PM
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Originally Posted by 69bossnine View Post
The "nostalgia" quotient for Tri-5 Chevrolets is so high, and the demand drives the values so high, that you can typically buy an equivalent-condition Tri-5 Olds for half the money of a Chevrolet.

Which is nuts... Just nuts... If you were to actually compare the two vehicles side-by-side, and then drive them. No comparison.. The Olds is twice as much car, for half as much money.
No kidding? Wow, I hadnít really priced them because I figured they were unobtanium.

Donít do this to me man. I donít have enough room in my garage as it is, lol.
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post #57 of 61 (permalink) Old 05-16-2019, 03:11 PM
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Originally Posted by Palo Alto Car Guy View Post
@Huskinhano. Cali? Nobody calls California that unless theyíre not from here. But yeah, lots of old rust-free cars around here. Though these days most people seem to drive a Tesla. Theyíre quick cars but they have nothing on a classic Mustang. 🙂
No they call it COMMIFORNIA !

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post #58 of 61 (permalink) Old 05-17-2019, 10:39 AM
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I told my dad if he'd give me $20,000 worth of Royal Dutch Shell stock, I'd give him my '65 Fastback - it has a rebuilt 1985 5.0 with AOD. (picture below of my car)
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post #59 of 61 (permalink) Old 05-17-2019, 11:06 AM
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Washington D.C. is a very pricey area as well and you'll see far fewer Mustangs out here than West Coast (I'm from Seattle many years ago see them all over when I visit/visited). This makes the good ones pricey.

So I felt pretty lucky when I found my former Cali car with good paint for 11k in a totally straight & rust free and with a rebuilt 302 + tranny all outside the car waiting to be put it. That was actually in Richmond, VA. Saw a beautiful 67 up by Boston advertised 15k on Hemmings Jan 2019...similar no rust. Much nicer interior somewhat nicer paint. But engine and tranny were crap and one driver Fender was hung on crooky during his 2001 resto. Would have cost allot to rebuild those and the guy was still pushing 13-14k in winter! I offered 12k and he balked I walked. So yea prices are going up but it's all about who is dumb enough to pay 15-16k for a ratty coupe. But this is how availability and pressure bumps prices and we are near the end of a powerful economic expansion cycle.

Last time I owned circa 2000 a nicely painted couple with minimal rust running well could be had for as little (I got mine for 4000) at 3k-6k. Those times are long freaking gone just shows how much prices snapped up. Fastbacks....yeah out of my league unless I want my other car to be a Honda Civic instead of an Audi S4 :/ no way San Jose.
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post #60 of 61 (permalink) Old 05-17-2019, 12:05 PM Thread Starter
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Originally Posted by CaptainFantastic View Post
I told my dad if he'd give me $20,000 worth of Royal Dutch Shell stock, I'd give him my '65 Fastback - it has a rebuilt 1985 5.0 with AOD. (picture below of my car)
Looks like your dad got a good deal

67 Fastback S Code, Brittany Blue

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