Classic Ford Mustang

Jasper

Well-Known Member
Joined
Jun 19, 2005
Location
Ophir Township, Uwharrie NF, USA
I have an opportunity to buy a 65 convertable. Been researching online forums and will be searching more tomorrow. Not finding what I'm looking for as far as value. Not looking to register on those forums since I haven't decided if I want to buy it. Anyone on this forum have info they could share or knowledge of classic car pricing? It needs restoration and it's 99.9% complete. Seller is original owner.
 
tknopp said:
Make sure all the convertable top stuff is there. Check the floor boards. They like to rust out. Is it a 6 or 8 cylinder?
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Floor boards are fine and all the top hardware is complete. The only things missing are the cardboard glove box(no surprise there), the original breather/ air filter assembly (he says he has it somewhere) and the keys.
The original 289 that was rebuilt but hasn't been started in 18 yrs. Auto trans and 9" rearend. All factory. It doesn't run now and the engine is difficult to turn. I suspect the cylinder walls may have rusted. It was repainted the original color but the metal wasn't prepped properly, surface rust under the paint. Still searching values but from what I've seen so far I think his idea of price is far, far higher than what it's really worth in this condition.
 
Check around online, but that particular car as far as classic mustangs go is pretty undesirable. Especially in that shape. I wouldn't pay much for it.
 
JC said:
You already have a project lined up, probably ought to wait awhile on this one :lol:
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Yeah... I know. And a couple of other projects including my Jeep repairs.
 
I love first gen stangs, have owned about 20 over the years.

The ship has sailed on first gen values.
Its hard to nail a price with the info provided.
Color will play a large role in value.
Is it a K code car or regular 289?
Fenders match door regarding VIN?
Auto/4spd?
Early 65 or Late regarding interior?
How complete is the interior?

all these things will later price.

If the floor board and torque boxes have no rust, and the cowl isnt rusted out it has either been repaired at some point or its super rare.

what do you want?
a concourse correct show piece or a cruiser?
Based on what you said without pics or more info Id throw a dart on the wall between 5k and 10k

If you want to shoot me some particulars id be glad to help more...heck Im always up for a good stang check out I'd even offer to help take a look at it if you are interested
 
oh btw there are more reproduction parts for these cars than all other classics combined. the quality of these parts varies greatly and will effect price as well
 
Ron said:
I love first gen stangs, have owned about 20 over the years.

The ship has sailed on first gen values.
Its hard to nail a price with the info provided.
Color will play a large role in value.
Is it a K code car or regular 289?
Fenders match door regarding VIN?
Auto/4spd?
Early 65 or Late regarding interior?
How complete is the interior?

all these things will later price.

If the floor board and torque boxes have no rust, and the cowl isnt rusted out it has either been repaired at some point or its super rare.

what do you want?
a concourse correct show piece or a cruiser?
Based on what you said without pics or more info Id throw a dart on the wall between 5k and 10k

If you want to shoot me some particulars id be glad to help more...heck Im always up for a good stang check out I'd even offer to help take a look at it if you are interested
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The color is dark green, black interior, tan convertable top. My guess it's the regular 289. It has a 2 bbl carb, but the carb is not the original. I expect all VIN numbers are correct. The owner bought it new when he left the Army in 65. Auto transmission. Interior is complete except the glove box. Original radio and everything. Couldn't tell you if it's early or late 65. The repair list is long, not thinking A+ show piece, more a Sunday driver and investment. I'm thinking 3-4K max.
 
ron has more experience than i on this type of thing but i think his value is a bit high. when i was shopping for a classic mustang i was finding drivable projects for around $3k. for $5-10 id want something id need to do very little work to - to a completed ride. of course, my moto is never own anything so nice you never want to take it out of the garage.
 
Reid said:
ron has more experience than i on this type of thing but i think his value is a bit high. when i was shopping for a classic mustang i was finding drivable projects for around $3k. for $5-10 id want something id need to do very little work to - to a completed ride. of course, my moto is never own anything so nice you never want to take it out of the garage.
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I was high end on a project intentionally...
Sounds like the perfect classic story, bought it out of the army in '65...if only it was in a barn covered by a tarp, lol.


And again 10k would be a rangoon, or wimbledon...k code...factory rally pac, etc.

I still really want to see under this car. No joking or flaming I have been on a mission for 6-7 years to find a unmolested factory floorboard and torque box car in the south. There are a few in the desert. But Most everyone I see in the south has either rusted out torque boxes, blown out lower shock towers or both.

I drove all the way to charleston to look at one 2 years ago only to see the early 65 only to find "factory" pony interior and floor pans out of jc whitney oh and the color didnt maatch the vin either.

I still cant tell you how much I regret selling my 69 black on black mach 1 and keeping my 65 when kid #1 came along...what a stupid decision.
 
been looking for a older hot rod or pro street for a while now and the one thing that all the dealers and builders agree on is right now is the time to buy. weather high end or just restored quality,every one i have dealt with have all said you can buy a car cheaper than you can biuld one. the mustang you describe sounds like a $2500 dollar car at best.if you watch barrett-jackson you will see numbers matching fram off restorations going for 16,17 grand. you can't restore a car for that. i am no expert on this subject,just going by what i have been told by the people that make their living dealing in old cars. check out www.oldride.com
 
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Ron said:
I was high end on a project intentionally...
Sounds like the perfect classic story, bought it out of the army in '65...if only it was in a barn covered by a tarp, lol.


And again 10k would be a rangoon, or wimbledon...k code...factory rally pac, etc.

I still really want to see under this car. No joking or flaming I have been on a mission for 6-7 years to find a unmolested factory floorboard and torque box car in the south. There are a few in the desert. But Most everyone I see in the south has either rusted out torque boxes, blown out lower shock towers or both.

I drove all the way to charleston to look at one 2 years ago only to see the early 65 only to find "factory" pony interior and floor pans out of jc whitney oh and the color didnt maatch the vin either.

I still cant tell you how much I regret selling my 69 black on black mach 1 and keeping my 65 when kid #1 came along...what a stupid decision.
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Wow - I haven't really followed Mustang prices lately but if you can buy a one owner, original K code convertible for 10k, prices have really gone down. I need to start looking around. That would sound like a deal. I know that's not the car in the thread, just sayin.
 
cyoung said:
Wow - I haven't really followed Mustang prices lately but if you can buy a one owner, original K code convertible for 10k, prices have really gone down. I need to start looking around. That would sound like a deal. I know that's not the car in the thread, just sayin.
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One owner K code convertible unrestored and needing assembled? With "rust under the paint" and a locked up engine....yeah you should be able to score that for 10k.
 
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