88 5.0 GT find - Value?

fm67gt · Feb 1, 2020

Newbie to fox bodies...
TRUE LITTLE OLD LADY STORY!
I found a 1 owner 88 GT 5spd bought AS HER "DREAM CAR" by lady now 80 years old. She had a stroke and cant drive any more. I learned about it from son in law who went to the house for a service call and lady's husband mentioned he had an old mustang he was thinking about selling. It is 100% original with 104k miles. Was inspected in 2018 and parked. Needs battery to start.
What is it worth? See pics!

fm67gt · Feb 1, 2020

fm67gt said:
Newbie to fox bodies...
TRUE LITTLE OLD LADY STORY!
I found a 1 owner 88 GT 5spd bought AS HER "DREAM CAR" by lady now 80 years old. She had a stroke and cant drive any more. I learned about it from son in law who went to the house for a service call and lady's husband mentioned he had an old mustang he was thinking about selling. It is 100% original with 104k miles. Was inspected in 2018 and parked. Needs battery to start.
What is it worth? See pics!

fm67gt · Feb 1, 2020

It has all the original paperwork.
Paint is original. No wrecks and no mods.

Noobz347 · Feb 1, 2020

That is a car that I'd be willing to pay $5k+ for.

Unmolested, normal wear and tear. Could be made nice very easily.

fm67gt · Feb 1, 2020

Noobz347 said:
That is a car that I'd be willing to pay $5k+ for.

Unmolested, normal wear and tear. Could be made nice very easily.

I think it can be bought for that (5k).

kiddiccarus · Feb 1, 2020

85 MPH Speedo. Man I miss my Fox.

Search KBB with the VIN to get a cash offer price

I'd give around 5k for it. Looks clean.

Are they asking for an offer or have a price that you are looking to counter?

My Trade in Value is $292.00 on KBB so scratch that idea. They are morons, you cant put a price on a Prom Queen.

fm67gt · Feb 1, 2020

Owner did some research on Haggerty and said 5k firm. I think I am going to do it and add a fox body to my garage to keep my 67 390GT convertible company! Should be a fun project for me and my sons.

DSB88GT · Feb 1, 2020

5k seems fair, especially considering it is a T-Top car. This is assuming it will run after sitting for 2 years.

kiddiccarus · Feb 1, 2020

fm67gt said:
Should be a fun project for me and my sons.

This is how Hero's are made. Dads who pass on the knowledge to their sons and daughters. YES get them turning wrenches

Noobz347 · Feb 1, 2020

DSB88GT said:
5k seems fair, especially considering it is a T-Top car. This is assuming it will run after sitting for 2 years.

So long as all the fluids are flushed [first], it should crank right up.

It'll probably spit out a list of codes shortly thereafter

Mustang5L5 · Feb 20, 2020

I'd do $5K on that and feel good about it provided no wrecks or major rust/rot.

First thing i'd do is change out those T-tops seals as it looks like the seats got water on them at some point. But that would be a fun restoration. I'd put it back to 100% stock resto and slap some fresh white paint on that bad boy.

fm67gt · Feb 20, 2020

Mustang5L5 said:
I'd do $5K on that and feel good about it provided no wrecks or major rust/rot.

First thing i'd do is change out those T-tops seals as it looks like the seats got water on them at some point. But that would be a fun restoration. I'd put it back to 100% stock resto and slap some fresh white paint on that bad boy.

Thanks for the advice.
Seats are like new as the t-tops have never leaked. Paint is glossy with a few chips that hopefully can be repaired. I would really like to keep the original paint. Coolant is disappearing and I am afraid it may be a head gasket.

Mustang5L5 · Feb 20, 2020

I was referring to whatever this spotching is all over the seats and seat-belts. Almost looks like mold growing.

kiddiccarus · Feb 20, 2020

I had T-Tops in my Old IROC. Damn thing rained on me when the stereo played

Mustang5L5 · Feb 20, 2020

yeah, when they leak, it's bad. But considering most of these cars these days are garage kept and seldom driven in bad weather, it can potentially be a non-issue.

I love the sunroof on my '88, but I wish they were T-tops all the time. If they were, they would be kept out most of the time anyway

Boostedpimp · Feb 20, 2020

T-Tops in a unibody car is almost a guarantee you'll have leaks but it's so original it probably hasn't been beat on so replace the seals and enjoy the ride. I personally would still need to look at the floor pans in that thing before I shelled out the five k

Mustang5L5 · Feb 20, 2020

I'd have to add that subframe connectors are definitely a must for a T-top car.

02 281 GT · Feb 20, 2020

Mustang5L5 said:
I was referring to whatever this spotching is all over the seats and seat-belts. Almost looks like mold growing.

Looking at the other pictures there appears to be similar residue elsewhere (shifter bezel, etc.). My bet would be that's just a byproduct of being stored in a non-climate controlled, likely humid garage.

fm67gt · Feb 20, 2020

Mustang5L5 said:
I was referring to whatever this spotching is all over the seats and seat-belts. Almost looks like mold growing.

.

It was a mild case of mildew. Cleaned off easily. Happens sometimes in garage storage that's not climate controlled.

dstewart291 · Feb 21, 2020

that is a beautiful example. wont come across that very often anymore!

88 5.0 GT find - Value?

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