So if a clean 87-93 Fox stang right now is anywhere between $3000-$6789+0000, where do you guys think it will be in 20 years?? Also, Right now KBB value for one is like $1600 in like new condition, will it be like $0.50 in 20 years in show room condition? Just curious what your thoughts are.
Depends on what the nation develops as far as fuel. Technology advances so fast, in 20 years you may need a fueless conversion just to run the "old gas motors." Just think, cars have really only been around for 80 years...
forget the blue book. eveythings value is based on what people are willing to pay for it. what that value will be i have no idea. but i think it would be safe to assume that a clean Fox would be valued higher in years to come in relation to the dollar, then it is now.
It is all about rarity. If the Foxbody is rare in 20 years, (good chance) then they will be worth some jack. If they are plentiful, then no it won't be worth anything. WHy do you think Chevy cavaliers are worthless?(other than being a chevy, and sucking a$$) Because they littler the streets and are everywhere you look.
A lot of things contribute to the value of a car. Things I can think of right now
1) Location
2) Originality
3) Mileage
4) Rust (obviously)
5) State of the internal combustion engine (fancy way of saying gas prices)
6) Season of purchase
I am sure there are a few other factors that push the price of our cars up or down. The biggest contribution to the price of our cars is how many of them will be kept up by owners in the future. In 20 years, a lot more parts will need to be replaced than just suspension components and motor parts. Think about all those poor torque boxes. In the present, we see more and more run down fox body Mustangs and less nice cars on the road.
Just this morning I saw one of my favorite color combos. It was forrest green over silver on a GT. From a distance the car looked very nice. But as I got closer, I noticed some paint flaking problems around the hood and a little bit of rust on the wheel arch. Now, maybe the guy just bought the car and was planning great things with it. But I didn't stop to ask him to be sure. I was sad once I realized that such a nice color combo might be on its last leg and destined, possibly, for the junk yard.