Fox Is the fox market for average cars crashing in your area?

[rednotch]

Noticed a lot more normal pre covid prices for decent drivers, projects and parts lately, still many sitting over priced though.. Was actually shocked I beat someone parting them out to the 79 coupe I picked up. The guys parting multiple cars in my area still want crazy prices for alot of stuff. For the average seller only a few parts are still priced retarded but only mostly rare stuff aside from efi intakes . I'm hunting for the damn bright 79-82 door trim and spent too much time scrolling threw market place the past few days. Makes me really miss Craigslist and the old classified forums. Think I might be grabbing an 86 parts car for it, seen a few crusty ones I can use for the front clip, rear bumper and body moldings to swap it when I start on the body work.

 

[Mustang5L5]

Seems like most Mustangs are. I've been keeping an eye on the SN95 market in my location (thinking of selling my GT) and those prices are coming down. In fact they have come down enough that I decided to keep it. I've noticed the same with Fox cars on marketplace as well. Still some overpriced cars but those sit. The reasonably priced ones sell pretty quick. I'm talking $7K or so for a decent 5.0 5-spd car

I don't see the same with S550's yet though, as that's what I was looking to replace it with. Still overpriced IMHO

 

[rednotch]

Seems like most Mustangs are. I've been keeping an eye on the SN95 market in my location (thinking of selling my GT) and those prices are coming down. In fact they have come down enough that I decided to keep it. I've noticed the same with Fox cars on marketplace as well. Still some overpriced cars but those sit. The reasonably priced ones sell pretty quick. I'm talking $7K or so for a decent 5.0 5-spd car

I don't see the same with S550's yet though, as that's what I was looking to replace it with. Still overpriced IMHO

Noticed the same on sn95's but I'm to big for those cars, I hate driving the 94-04's because of the dash design. Seeing a switch to obs f150's as a trend now though which sucks because I want to pick up an extended cab 5.8 short bed for a budget truck. Missed out on about 10 of those selling before I could get to them. Still stick with Lexus suv's for a daily though my 15 rx350s getting a bit old now.

 

[Bullitt347]

Yeah, up here in Maine, if you can find something over 15 years old that isn't rusted out expect to pay top dollar for it.
That goes for pretty much everything. Trying to find a Foxbody, or even a SN95? Good luck.
Pretty much resign yourself to going South and getting something.

 

[Mustang5L5]

Yeah, up here in Maine, if you can find something over 15 years old that isn't rusted out expect to pay top dollar for it.
That goes for pretty much everything. Trying to find a Foxbody, or even a SN95? Good luck.
Pretty much resign yourself to going South and getting something.

Same in MA. Any Sn95/Fox you see on the road these days is a summer-only driven garage queen. I've been to the junkyard a few times and not a lot of Fox/SN95 inventory. 05+ are still somewhat new enough that people are still daily driving them so I see a lot of those in the junkyard with rust indicating they are driven all-year long. i imagine that will slowly dry up.

 

[Habu135]

Prices will likely continue to rise as guys who graduated from high school 1987-1993 continue to scoop these up budget permitting. I was looking up cars recently just to see what's for sale out there, and it's primarily convertibles and '93 Cobras.

 

[rednotch]

Here in the south where we don't salt the roads, our cars last longer. That leads to lower prices.

I was looking for a donor car for my project. Within 60 miles, there are 10 fox cars listed with a 5.0 that are running and driving for $2k or less. I got one guy down to $1200. If you want a decent body and a generally "complete" interior, they're $4k. The one I picked up for $4k is absolutely zero rust, complete interior, working drivetrain. It needed a little brake work to be road worthy. I've been daily driving it for a couple weeks after tossing some new brake parts on it.

Same story with other non-fox vehicles. I've been driving my $800 1996 F150 for a couple years. Crown vics start around $700 for one that can drive. Square body trucks are $2k.

One of many downs sides of the NE, lots of guys buy up the cheap drivers and cut em up and part them out since its more money then fixing any rust. Even if its an easy patch for a body guy... Paint and body labor aint cheap. My 93 beater gt I paid 3k for with full black tweed, working ac, cobra front /sn95 gt rear 5lug swap and a decent 347 stock block bottem end. while its ugly and needed some going threw along with some rust repair, its a been driveable a beater/toy for more then 5 years now. only reason I still haven't painted it, is it being a 4cyl conversion and are gt's really ain't my thing, figured I'd use it as a donor on a 87-93 coupe but prices got crazy on them around covid. This 79 coupe is the same way, ugly as sin, it ran and had a rare front clip and some decent parts on it so i grabbed it. It needs going threw but it had no issues driving home other then riding like crap and loading up from having a hodge podge carb 302 stuffed in it at least it won't be parted out, I'll clean it up a bit, have some fun with it and keep it a simple basic carb, heads, cam, stock bottom end, t5 combo. All ready making a pile from my parts hoard that will work with it and order some basic suspension parts.

Still seeing many over priced cars but seeing many cut there asking prices big time. I'm not talking about limited models or high end restorations or builds just decent driver quality cars. There's pre mass air notch by me, with a sloppy mass air swap and has the typical eec IV gremlins of breaking up under load. Still asking nutty money when it should be well under 10k running right. So maybe not crashing but correcting after the auctions inflated everyone's asking prices. See way more 3-7k running driving foxes now.

 

[FastDriver]

I think the whole used car market is finally coming down. My theory is that everyone, other than me it seems, has been on a consumption tear with Uncle Sam's helicopter money and subsequent explosion in the 'everything bubble.' Real estate is now, just in time to align with my need to buy a house, declining here in NC and 1/2 of other states, the car market started declining before that, unemployment is rising, and the end of the stimulus 'forbearance' periods are finally here, this month. As a result, credit scores are dropping, interest rates are still high, and people have stopped, if just for a moment, spending insanely frivolously.

Foxes got a bump as we, the fox lovingest generation, started to ascend socioeconomically in around 2017, well before the pandemic. I expect that general trend to continue for another 10-15 years, or more. However, the tide is headed out for all boats, at the moment. I dislike being doom & gloom, but I'd rather see us let some air out of the balloon, rather than it popping all at once.