69 Mach 1 429 Cobra

jwittea

New Member
Dec 15, 2004
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Odessa
I've been on this site a awhile just under my brother name, but anyway I'm thinking of selling my 69 mach 1 mustang it has a 429 cobra jet. This car has been a 6 year project. I found it in a field about 6 hours away from my home town and decided to restore it. Well the project changed midstream from a restore into a race car. The engine has zero mile on it well unless you count testing time and cam break-in as miles. The engine was designed on a computer to make 753 horsepower at the flywheel. The transmission is a manual automatic a converted c-6. The interior is in just restored shape I even had the dash custom airbrushed with ghost looking mustangs running accross it. To see full potential at the strip it will need some good tires and suspension upgrade but thats minor. When Is was building this thing I was told at the time that It would see 10's in the quarter if not low 11's. The only thing wrong with the car is that the front suspension needs to be freshened and while sitting in the garage it has gotten some scratches on the new paint job. It is a jazz blue with black mach1 stripes bown the side. Also the paint and body man wasn't much of a body man the driver side rear needs to be worked a little. The hood needs to be cut for the sccop and the front passenger right above the edge of the front bumper is scraped but not dented. Really it just needs to be repainted by someone that is good. Of all the cars that I have seen in town it is still the nices car around even with the minor cosmetic problems. I don't think you could find another 69 mach 1 like this there is probably 30,000 ,most of it in the engine and trans., into this car right now. I'm just really broke right now and have to many bills most of them because of the car. I need to sale this thing I looked on kelley blue book and nada they both say like 50-70 thousand is what it is worth. But I wanted to here it from real people not a computer program. What is this thing really worth? Oh yeah it street legal.
 
So, let me get this straight.... You've got a non-stock, untested, cosmetically imperfect '69 Mach with some custom touches and some unknown quality/quantity of mods that still needs some serious work to be completely legit. Sound about right? Here's what I think:

First, ignore how much you have in the car, because you probably won't get that out of it. So, next, look at completed cars that have sold that had a similar flavor to your car, then subtract what it would cost someone to pay to have of all the necessary work done to bring it up to par. Figure $3k-$5k for body/paint, $1500 for the front suspension, $1k for test/tuning, etc... Then hope that someone likes the way you designed the car.

I'll let you do the math, but from what I've seen, drag inspired modified car values tend to be lower than restomods or restos, so don't be surprised to be severely disappointed with what you can get for it.

Hope this helps. Good luck.
 
HHStang said:
Jeez. Maybe $15-20K???
That exactly what I was thinking I knew that those books where wrong. I couldn't see how it would be worth that much. Also I guess I made the car sound like it was in bad shape it is close to being finished. Thanks for the help.
 
The guides do not consider the mods you have made from an original stock car or numbers matching low mileage #1 car. When you start doing those kinds of mods that affect streetability, changing manual to auto trans, ect..retail price drops like a brick. Thats also not accounting for the fact is is still untested and not finished.
 
Well first off, 69 mach's didn't come with 429 CJ's. 428CJ's, yea, not 429's.Second 60-70 thousand is just plain silly. MAYBE a COMPLETELY original, LESS than 10K miles 428CJ 69 Mach I MIGHT fetch that. Most 69 Machs would go for around 15-20 K.
 
D.Hearne said:
Well first off, 69 mach's didn't come with 429 CJ's. 428CJ's, yea, not 429's.Second 60-70 thousand is just plain silly. MAYBE a COMPLETELY original, LESS than 10K miles 428CJ 69 Mach I MIGHT fetch that. Most 69 Machs would go for around 15-20 K.
Yeah mine has a 429 Cobra Jet, Thats one way thats its different. I already knew that the values were way to high. I won't be surprised if I get only 15-20 for it. The car will be repainted and in perfect condition when I sale it.
 
D.Hearne said:
Well first off, 69 mach's didn't come with 429 CJ's. 428CJ's, yea, not 429's.Second 60-70 thousand is just plain silly. MAYBE a COMPLETELY original, LESS than 10K miles 428CJ 69 Mach I MIGHT fetch that. Most 69 Machs would go for around 15-20 K.

That's exactly what I was thinking, but without referencing some old magazines that I didn't feel like digging out of storage, I wasn't confident enough to state that as fact (I'm a '65-'66 guy). I'm with D. Hearne, though; to my recollection, there's no such thing as a '69 Mach I with a 429CJ.

By your statement that this fact makes your car different, did you mean that the 429 was original or that it has a non-original engine? If it has a non-original engine, you can throw your book values out the window on this type of car.
 
65up2d8 said:
That's exactly what I was thinking, but without referencing some old magazines that I didn't feel like digging out of storage, I wasn't confident enough to state that as fact (I'm a '65-'66 guy). I'm with D. Hearne, though; to my recollection, there's no such thing as a '69 Mach I with a 429CJ.

By your statement that this fact makes your car different, did you mean that the 429 was original or that it has a non-original engine? If it has a non-original engine, you can throw your book values out the window on this type of car.
Non-original thats why I asked what its value would be. Have you ever tryed to get one of those in that engine compartment. I suggest never trying :nono: It takes up every inch of space in the engine compartment.