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Craigslist Find!

  • Thread starter Thread starter Reddevil91
  • Start date Start date Jan 18, 2018

Reddevil91

15 Year Member
Mar 3, 2010
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Jan 18, 2018
#1
  • Jan 18, 2018
  • #1
Ok so I’m posting this for my buddy, he just sold his 2013 Roush stage3, car was a beast. He came across this on Craigslist. Whoever posted it didn’t know what they were talking about, it’s obviously a 5spd but states it’s automatic. Also says it’s a 2.3L lol in the description but yeah. He called they said it’s been completely redone. 347 stroker with 68mm turbo pushing 550 rwhp on 8lbs of boost. Price seems exceptionally high. So in your all’s opinion what do you think and what’s a price that would be worth pulling the trigger or at least trying to go for besides 17.5k
https://austin.craigslist.org/ctd/d/1990-ford-mustang-lx-2dr/6431468877.html
 

RaggedGT

Been here over a DECADE and still no CT
Mod Dude
Jul 20, 2014
4,735
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Taylorsville ky
Jan 18, 2018
#2
  • Jan 18, 2018
  • #2
Looks good.
I would take a guess that they have it listed as a 4cyl Auto, cause it probably was origanally (VIN)?
No AC in Texas would suck lol
I’m sure if you went in there with enough $100 dollar bills, you could buy it for a lot less
 

General karthief

wonder how much it would cost to ship you a pair
5 Year Member
Aug 25, 2016
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polk county florida
Jan 18, 2018
#3
  • Jan 18, 2018
  • #3
Looks good.
But, I would be wreary about purchasing a 'built' car from a used car lot.
Do they provide contact info for the owner/builder?
Again, a goog looking car!
 

billison

I like tinted tail
15 Year Member
Feb 27, 2006
2,607
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184
stl
Jan 18, 2018
#4
  • Jan 18, 2018
  • #4
Here ya go
 

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Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,216
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Massachusetts
Jan 18, 2018
#5
  • Jan 18, 2018
  • #5
Former 4cyl car.

$17k is Cobra or saleen territory, not converted 2.3 with unknown turbo territory.


Also, financing for a 28 year old car? Hate to see that interest rate
 
Reactions: 95BlueStallion and RaggedGT

revhead347

Apparently my ex-husband made that mistake.
20+ Year Stangneter
Jun 14, 2004
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Acworth, GA
Jan 18, 2018
#6
  • Jan 18, 2018
  • #6
It's worth what someone is willing to pay for it. If it drives well and doesn't have any major gremlins that's 90% of it. Is it a finished car, as in, does that thing still have a T5 and a factory axle? Stuff like that. I wouldn't be too upset if that passed me by, put it that way. If I was happy with the car, I would let it mellow a bit on the dealer lot until they were a little more desperate to sell. I wouldn't say it's common, but stuff like that does end up at used car dealerships. Divorce settlement where someone dumps the car, death of a spouse, etc.

Kurt
 
Reactions: RangerJoe and 95BlueStallion

Steel1

Mustang Master
Aug 18, 2017
1,419
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143
Connecticut
Jan 18, 2018
#7
  • Jan 18, 2018
  • #7
Mustang5L5 said:
Former 4cyl car.

$17k is Cobra or saleen territory, not converted 2.3 with unknown turbo territory.


Also, financing for a 28 year old car? Hate to see that interest rate
Click to expand...

I agree
 

FastDriver

I was uncomfortably high & wearing a helmet
SN Certified Technician
Sep 5, 2001
6,070
2,673
224
Vass, NC
Jan 18, 2018
#8
  • Jan 18, 2018
  • #8
I think any value related comments are pure speculation at this point. There are way too many unknowns, and I would say the odds are that it's shinier than it is nice.

It would be a rare find indeed for a seller who invested a ton of money and time to want to trade in through a dealer, unless it belonged to the dealer or his family.

What heads, internals, suspension, brakes, transmission, turbo kit, tune? How well was the conversion done? What computer is in it? Electrical system?

Without 2 weeks to go through everything, or a builder to answer a lot of specific questions, you couldn't give that car to me.

If the answers to all of those questions were right, it would be worth more than asking. If they were wrong, it would be worth what you could part the car out for.

My gut tells me someone gave up on a build, couldn't sell it and took bottom dollar from the dealer to get out of it.
 
Last edited: Jan 18, 2018
Reactions: RangerJoe

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,216
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Massachusetts
Jan 18, 2018
#9
  • Jan 18, 2018
  • #9
FastDriver said:
I think any value related comments are pure speculation at this point. There are way too many unknowns, and I would say the odds are that it's shinier than it is nice..
Click to expand...

You are right. We are making assumptions at this point.

But at $17K...is I wanted a fast Mustang, I'd be considering an '03/04 Cobra at that price point.
 
Reactions: Reddevil91, General karthief and FastDriver

Reddevil91

15 Year Member
Mar 3, 2010
1,630
773
163
Jan 19, 2018
#10
  • Jan 19, 2018
  • #10
So apparently the owner of the car works at the dealership and is selling the car through them, but the car sits at the owners garage. To me sounds sketchy. I told my buddy to low ball and offer 10k cash, since he just recently sold his Roush for 34k. If not move on and find another nice slightly moded Fox for a good price not 17k and throw a turbo or blower on it. Like I told him it’s hard to get what you invested into the car money wise but sounds like this person is trying to calculate for every penny and labor hours.
 
Reactions: FastDriver

Ryuk

I love your drawers
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Apr 22, 2017
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Jan 19, 2018
#11
  • Jan 19, 2018
  • #11
Mustang5L5 said:
Also, financing for a 28 year old car? Hate to see that interest rate
Click to expand...

Penfed gave me 2.99% on my 1970. It was cheaper than using cash.
 

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,216
17,899
224
Massachusetts
Jan 19, 2018
#12
  • Jan 19, 2018
  • #12
JD08 said:
Penfed gave me 2.99% on my 1970. It was cheaper than using cash.
Click to expand...

That's actually not bad
 

billison

I like tinted tail
15 Year Member
Feb 27, 2006
2,607
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Jan 19, 2018
#13
  • Jan 19, 2018
  • #13
The high price is likely because it’s at a dealership. Think of it as retail. Someone will trade in something and get it.
 

revhead347

Apparently my ex-husband made that mistake.
20+ Year Stangneter
Jun 14, 2004
9,296
1,638
214
Acworth, GA
Jan 19, 2018
#14
  • Jan 19, 2018
  • #14
I would not call it a high price. Whenever you don't know what your car is worth, you start your fishing with a high price.

Kurt
 

FastDriver

I was uncomfortably high & wearing a helmet
SN Certified Technician
Sep 5, 2001
6,070
2,673
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Vass, NC
Jan 19, 2018
#15
  • Jan 19, 2018
  • #15
I wouldn't call it a high price because we still don't know a lot about it.
 
Reactions: General karthief
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