Appraisal help needed - 1966 Poppy Red - Vintage Mustang Forums
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post #1 of 16 (permalink) Old 05-14-2019, 07:18 PM Thread Starter
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Appraisal help needed - 1966 Poppy Red

Hey, folks!

I'm a brand new member here on VMF. My father has tasked me with finding the value of his 1966 3 speed. So far, it looks like these ponies go for anything from $500-$50,000. Could you find folks lend a hand in helping me to determine a fair price? The interior is in very good condition. My father is the first and only owner. I don't have much more information on or pictures of the car, but any general advice on ball-park prices would be very helpful. I'll work on getting more pictures and a VIN number in the meantime.

Winston
Austin, TX
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post #2 of 16 (permalink) Old 05-14-2019, 07:26 PM
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Hey Winston that’s a nice Mustang. I’m here in Austin too!
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post #3 of 16 (permalink) Old 05-14-2019, 07:30 PM
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'66 I6 Tiffany 3spd. with 1 repaint $14.5 add 1k if you have a stack of documents subtract $500 for every rust bubble or blemish.
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post #4 of 16 (permalink) Old 05-14-2019, 07:33 PM
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$8000

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post #5 of 16 (permalink) Old 05-14-2019, 07:54 PM
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Yeah, I'm thinking 8k-10k...in that neighborhood...especially with a 3-speed. If it had a C4 or 4-speed you could add a bit more..

Does the car have a Factory Console??! If so, It might be a Factory Sprint 200 car, and I'll have to add it to the 1966 Sprint 200 Registry... Would require a little investigation.. e-mail me at [email protected] for more info to do so..

Tony K.
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Tony Kovar
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1965 Mustang Convertible 200cid I6, 3spd Manual
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1966 Mustang Sprint 200 Convertible 200cid I6, C4 Auto
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post #6 of 16 (permalink) Old 05-14-2019, 08:27 PM
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I would start a little higher than lower. I just sold a 2001 mustang in very good shape and I think I left $500 on the table. Thats a lot of money considering total sale price was only $2250.00. It was in mint condition, there was nothing for sale like it. That deal was done on craigslist and I looked around at my comps pretty good before I listed it. I missed the mark .

I would list it on ebay- I sold my 66 GT clone triple black convertible on ebay 18 months ago and got 26k. and i think it costs me less than 200 bucks for a 7 day auction? Take the best pictures that you can of every imaginable angle. start the auction at 4k and have a hidden reserve for your min price that you will take. If its a clean rust free car you could get a few thousand more than what you actually are willing to take locally from someone out New York or California?. I had my buyer wire the money into my checking account . After my bank verified that the funds posted- a third party hauler showed up with a trailer to pick it up. Very smooth process.
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post #7 of 16 (permalink) Old 05-14-2019, 08:55 PM
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It is impossible to determine an accurate value without an in person inspection.

The car could have been hit 3 times with 3 poor repairs for all we know.

The paint could be a $500 poor quality spray.

We just don't know. The range is $500 to $17,500
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1965 Mustang 2+2
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post #8 of 16 (permalink) Old 05-14-2019, 09:57 PM
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No way 17,5 for a 66 I6 3spd coupe. 12-14k is all the money on a coupe thus equipped if it's perfect unless a desperate sucker comes along. Average condition on a driver with average issues is about 7k. If you get more, you're doing well. Best of luck. I love the car BTW. It's how mine started life!!
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It's just a little rust...

1966 secretary special originally 6cyl 3 spd coupe.

5.0 SEFI complete from 1988 Mustang GT, world class T-5, 9 inch with 3.50 Trac Lok and Shelby style traction bars. Front disk 4 piston calipers and 8cyl manual steering.
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post #9 of 16 (permalink) Old 05-14-2019, 10:06 PM
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So hard to tell without in "in-person" inspection. I see a cowl cover which could indicate a rusted cowl and expensive repair. If you can't find a local appraiser or want a REAL indication of value you could run it through a Mecum or similar auction with an unreasonably high reserve and go on the high bid. After all, "value" is really what someone is willing to stroke a check for...
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post #10 of 16 (permalink) Old 05-14-2019, 10:17 PM
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Quote:
Originally Posted by NEFaurora View Post
... It might be a Factory Sprint 200 car...

Tony K.
First thing I thought, too, Tony! I bet it's a sprint. I hope the OP will post some photos of the interior and the engine bay. I'd like to see the air filter cover and whether or not it has a sprint dash badge. How cool if so!
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Bill

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Color: Y
Trim: 22
Axle: 6
Trans: 6
Build Date: July 18, 1966


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post #11 of 16 (permalink) Old 05-15-2019, 01:02 AM
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"First thing I thought, too, Tony! I bet it's a sprint. I hope the OP will post some photos of the interior and the engine bay. I'd like to see the air filter cover and whether or not it has a sprint dash badge. How cool if so! "

We'll See!!

)

Tony K.
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Tony Kovar
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post #12 of 16 (permalink) Old 05-15-2019, 10:34 AM
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As others have indicated, the two principal factors in setting "value" are: "What is it?" and "What condition is it in?"

A plain Jane 6 cylinder, 3 speed is generally at the lower end of the value range while a K-Code, 4 speed would likely command something closer to the high end of the value range.

If it is a rust free, accident free car it will have greater value than a rusty bondo-bucket car. The cowl vent cover seen in your photos is a concern as a rusty cowl is a $2000 + or - repair if done by a competent body shop. A 6 cylinder 3 speed will generally cost as much as a comparable condition K code 4 speed to properly restore but the 6 cylinder will always lag behind the k code in value.

Here in NorCal I suspect a non-rusty 6 cylinder in excellent condition can be had for something around $10K (My neighbor bought such a car last fall at $9K and drove it home 100 miles in 95 degree heat without a problem).
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post #13 of 16 (permalink) Old 05-17-2019, 07:22 PM Thread Starter
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Wow. Thanks to everyone for the helpful questions, photo requests, price suggestions and price range suggestions. I've compiled and sent him a list of questions and photo requests. As soon as I get the photos and answers I'll post back here. I just love collector forums. I'm a watch collector so I'm very used to the online watch community. It's endearing to find that Mustang collectors are just as helpful, knowledgeable, and sharp as the best watch collectors I know. Talk soon, fellows!
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post #14 of 16 (permalink) Old 05-18-2019, 04:05 AM
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More pics.? It has the accent stripe so yes, it could be a Sprint 200 car, but needs more picture and of course a closer inspection to determinate the value.

Josep

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post #15 of 16 (permalink) Old 05-18-2019, 11:25 AM
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Since your Dad is the original owner, find every scrap of paperwork associated with the car. Dealer documents, sales brochures, and Ford manuals from 1966 are obvious. But also find every receipt from a service or oil change. Those trivial receipts often have the mileage and date on them, and a collection of them establish provenance. Make a scrapbook. Copies of old photos are very cool too. Mustang collectors geek-out over this type of stuff. More importantly, one-owner cars are now pretty rare. So you better be ready to back up such claims with solid evidence.

While this small effort won't add significant value to your car, it can make the car more attractive to Mustangs nerds. This is a very common I6 manual car that needs a total restoration. So don't expect Wayne Carini to come knocking on your door.

Granted, the market for old cars has gone way up since the 1990s when we still bought and sold them for $1K or less. But this inflation means an I6 coupe in "good" condition is worth about $6K to $7K without a cowl leak. If this car is in "fair" condition and has the cowl leak (very likely), runs and drives okay, has never been hit, does not have major rust, and has original paint, then my offer would be around $5K.

This is bit off topic but....to me these plain Sprint package cars are a good starting point for a V8 conversion. But the price has to be on the low side, the body needs to be pretty solid, and the all fiddly trim parts present to make the project fiscally manageable. After all, V8 conversions can be expensive projects. Not to mention that "while I'm here" scope-creep is nearly impossible to avoid. Since the entire I6 suspension and drivetrain must be tossed for safety reasons, you might as well disassemble the whole car. And while the car's apart, you might as well take 'er down to bare metal and fix any rust. And while you're doing such and such... and suddenly you've spent $30K restoring a T-code coupe.

Move along. Nothing to see here.
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