1998 GT worth 10,000

[Big block]

I have recently looking through auto traders and free car books and spotted several 1998 GT mustangs for 10,000. Don't get me wrong I love this year of mustang and this model GT but is it worth it?

 

[Kilgore Trout]

It is barely worth half of that.

 

[Big block]

Even though leather interior or cd changer?

 

[Big block]

Most of these cars I have seen are stock and from anywhere in the range of 60 to 70,000 miles.

 

[Big block]

Where I live all I see is high priced 98 and 99's, no matter if its GT or V6. For that price could you get a 99 or 00 GT?

 

[smokin00GT]

In my opinion if is stock it isn't worth that much even if it looks to be in awesome shape. I would pay about $7,000 tops. I have a 1998 for sale in the classified section and am asking more than $10,000, but it has every mod for that year on it. I have way over $20,000 invested. I would say the price should reflect what improvements if any, and the milage and the condition of the car.
http://classifieds.stangnet.com/showproduct.php?product=44823&cat=18

 

[Big block]

I wish i could find one that cheap around here 7,000. wow!! How much more than $10,000. If its not much and you put 20,000 into it than that sounds like a good deal to me. By the way how much HP does it have?

 

[smokin00GT]

click on the link in my post above, it will take you to the ad. It made 425HP at the wheels on a dyno jet with 430TQ. This car was our baby. A lot of hard work and dedication went into building it. We are selling it because it has not moved much since my husband bought a motorcycle, and it is too nice of a car to be a garage ornament

 

[four six]

Thats one sweet 98 but I still wouldn't pay 14.5K for it. Sorry

 

[smokin00GT]

What would you pay?

 

[MyBloodRunsBlue]

i'd offer 7000 for it (the stock 98 that is) yours, with all that **** done to it, probably 11 or 12

 

[02LaserRed2V]

You can get a 96-98 Cobra or 99-01 GT for $10K.

 

[04DarkShadowGT]

Thats one sweet 98 but I still wouldn't pay 14.5K for it. Sorry

I agree, you can find Blown 96-98 Cobra for that much.

Honestly if it was in perfect condition I would pay 10K for it, generally mods no matter what they are dont add value.

 

[Big block]

Yea but 425 HP thats a ton anyway don't a 1998 cobra have only like 305. Its more than mine but still.

 

[deftsound]

Where I live all I see is high priced 98 and 99's, no matter if its GT or V6. For that price could you get a 99 or 00 GT?

bought my 99 (mind you the 99+ years had pi heads/cams with 260hp) for 7500 with 76k on the odometer

 

[Big block]

this mustang is putting out in the 400's a 98 cobra only has 305 but thats still more than mine!

 

[forum155pl]

it must have a full tank of gas...

 

[SaleenGT2001]

i would pay $8000 TOPS!!!

you would be better off parting it out

 

[smokin00GT]

She sniffs and lets a tear sneak down her cheek
No reasonable offer will be refused. I am not firm on that price, but the lower the price goes...so will the mod list on the car. I can use most of the parts on my 2000GT. It is just a lot of work to disassemble both cars. I am thinking a winter project if it doesn't sell. It goes into the photo ad this week. The car is paid for, so I can hang on to it as long as I need to.
BigBlock: She's begging to come home to you....

 

[thomas91169]

mustangs dont hold their value well. its sad, especially when a co-worker just sold a 95 Integra LS for 9k with 130k on the clock, and i cant even sell my GT with 90k on the clock for 11! then he picked up a prelude for 14k with just under 80k on the clock!

i think somewhere we started lowballing ourselves and it just hurt the community. then you look at the 03/04 cobra and theyre holding value very well, still in the 20-25k range for around 30-50k miles. you know why? the owners know what theyre worth and the buyers will still pay, not to mention theyre still letting them go for around 5k under what a dealership would rape for a 03/04 cobra in lesser condition.