I'll make this short...I've owned several Mustangs in my life, a 79, 86, 90, and now I have a supercharged 02 GT. I've always wanted a classic Mustang deep down though, but never had the funds to buy one, or the time to build one. I have good mechanical ability, I've done everything myself to all my cars. I'm selling my 02 now, and I'm in a position in my life I'd like to buy a mostly restored driver. Something I don't have to work on for years to build, but something that has weekend projects so I can still tinker. I'd like to take advantage of someone else pumping money into it and selling it for far less than what is invested. I see that all the time. I've found this really nice 66 coupe, verified it has the original 289 and 3 speed manual trans. Both have been rebuilt, and the engine just screams. It was done up very nicely. The interior is perfect, and restored to its original state. The body...well, it's not a 20 footer, more like a 5 footer. The paint is nice, but there are a couple spots where it is bubbling up, but no rust showing. Yes, I know it's rusting underneath. I can live with it knowing it will have to be addressed eventually. All windows have been replaced, floor pans, ect. There's really nothing on the car that isn't new. Still has drum brakes all around, but they've just been rebuilt. That's the type of stuff I want to upgrade during ownership. (A couple of the gauges don't seem to be working or hooked up). The guys getting out of the Navy and needs cash, and doesn't want to take with him back home. He's asking $10,500, I haven't discussed an offer with him yet, but I really fell in love with the car. I have no idea of the values of these cars. Not sure what else I can say, but do you think that is the going price for a car in that shape? Or is this guy waiting for a sucker to come along and pay too much? I'd appreciate any advice you all can give me to get me headed in the right direction.
Need help with purchase of a 66 coupe I think I want to buy...please.
- Thread starter fromme
- Start date
Do a magnet check on the body to find out just how much there may need addressing down the road. Get underneath and check the frame rails, floor pans, trunk pans, door bottoms, and suspension to see if there is rust. Alot of people do a decent job of restoring what is seen(exterior and interior) but figure nobody sees underneath. In excellent shape, 10,500 for a coupe is probably in the ball park(depending on the size of your park) But its hard to say for sure without seeing the car. Just inspect the heck out of it for hidden rust or body damage and if your satisfied then make him a lower offer and haggle a bit.
65fastback2+2
New Member
I've been posting questions like this lately too, because I am also searching.
I've seen so many ads where low-option, less than perfect coupes are being listed for 9-15K. Some of those people are either just waiting for a sucker, or are just out of their mind (15K for a coupe on which the restoration isn't even finished? Please.).
I am also wondering what $ figure constitutes a reasonable (even if it seems high to you and me) price, and at what point the $ figures begin to be ridiculous.
I've seen so many ads where low-option, less than perfect coupes are being listed for 9-15K. Some of those people are either just waiting for a sucker, or are just out of their mind (15K for a coupe on which the restoration isn't even finished? Please.).
I am also wondering what $ figure constitutes a reasonable (even if it seems high to you and me) price, and at what point the $ figures begin to be ridiculous.
oops. not meaning to say that all sellers mentioned above are trying to rip people off or are out of their mind...some cars may be nice enough to be worth that much.
What I'm talking about is sellers who think their POS rust bucket can command top dollar just because other cars of the same year (which happen to be in much better condition) can do it.
What I'm talking about is sellers who think their POS rust bucket can command top dollar just because other cars of the same year (which happen to be in much better condition) can do it.
