I've got my mind made up that I need another Mustang. I want an '87-'93 LX 5.0 convertible. KBB.com lists private party value for the early '90s models in excellent condition with under 100K miles to be in the upper $4k to low $5k range.
I've been doing some shopping and thus far have found a 92.5 (so the seller says) 5-speed with 68K miles that the seller is asking $7600 for. The car has a newer top (withint the last couple of years) but has factory paint which, while it appears to be in good shape, is definitely not perfect. The interior is in very good shape too, with a few flaws.
I've also found a '93 on Ebay with 86K miles. I don't know what the seller's reserve price is, but I'm guessing that it is in excess of $6500, because that's what I offered to buy the car outright. It has a new top and new paint, but was in two accidents back in the mid '90s.
So, are these cars really worth a couple grand more than KBB's private party value, or are these people just asking high prices for their cars?
I've been doing some shopping and thus far have found a 92.5 (so the seller says) 5-speed with 68K miles that the seller is asking $7600 for. The car has a newer top (withint the last couple of years) but has factory paint which, while it appears to be in good shape, is definitely not perfect. The interior is in very good shape too, with a few flaws.
I've also found a '93 on Ebay with 86K miles. I don't know what the seller's reserve price is, but I'm guessing that it is in excess of $6500, because that's what I offered to buy the car outright. It has a new top and new paint, but was in two accidents back in the mid '90s.
So, are these cars really worth a couple grand more than KBB's private party value, or are these people just asking high prices for their cars?