my dad and i found a mustang..

StormsofAres86gt · 06-29-2007, 10:08 AM

we went to look at a boat last week and pulled up in the '86 vert. and the guy that owned the boat asked they year of ours and all that and then said that he had one in one of his barns(he's a cool old farmer) and asked if we wanted to see it. so my dad and i followed him into the barn and towards the back was this mustang. it is an 86 gt t-top mustang. the car has 79,583 miles on it and hasn't had tags on it since 2004. my dad jokingly asked him if he wanted to sell it and the guy said maybe. so we went to look at it more last night. the car is in perfect, stock condition. it doesn't have the typical rust that fox-bodies have. the deck lid is perfect, no rust. the doors have no rust. the interior is perfect. and the paint still has the shine, although it is covered in dust right now. it started right up for us when we tried it last night. so all that said...how much would a car like that cost? my dad and i are very interested in it. i looked it up on edmunds, but it said 1600 for it and i think that is far too low for how nice the car is. any ideas of how much it would be? my dad and i are thinking it would be worth about 2500...

sorry for the long read.

Mr 5 0 · 06-29-2007, 03:43 PM

This sounds like a great find - but forget 'book value'. A 1986 Mustang, at 21 years old, is worth whatever someone is willing to pay, be it $1,600 or $16,000. I would offer him $2,500. and go a bit higher to get this gem but this is going to be your choice (and your dads).

FYI: I sold my near-stock '90 Mustang LX hatch, 5.0, 5-speed with 125,000 miles on it, very little rust but very average paint and interior, for $2,000., back in '05. It went in one day. My LX was a one-owner Mustang (me), no heavy mods and had never been in an accident. I offered a CarFax report with it, to prove that. I suggest you pull one on this '86, just for peace of mind. You'll need the VIN.

I wish you guys good luck in acquiring the '86 T-top, if that's your dream car. Let us know how it works out - if it does. Sometimes these private-owner deals collapse because the owner mistakenly thinks he has a $20,000 car in his barn or he just doesn't really want to sell it after all. It happens. Be prepared.

StormsofAres86gt · 06-29-2007, 08:58 PM

i agree that the book value of the car is thrown out in a case like this. the guy is going to look at car traders to see if he can find one similar to what he has and get a price from that. i'm going to check also to make sure he doesn't find one that is nothing like it and try to charge us for that. but he's a really cool, down to earth kind of guy that's really not into stuff for the money of it.

but we'll see how it comes out. i'll let you know how it goes.

Unit 5302 · 07-03-2007, 08:14 PM

The car is probably worth at least $4,000-$6,000 in the current market. It's not a real "collectors" car; however, there are a lot of people willing to pay top dollar for an old T-Top car in that kind of shape. Take a look at ebaymotors for example.

If you can get it for $2,500 or even $3,000, it's probably a bargain.

apicia · 07-22-2007, 01:47 AM

So... did you end up working out a deal? Any pictures of the car?

06-29-2007, 10:08 AM	#1
StormsofAres86gt black and blue Join Date: May 2005 Location: cinci. Posts: 84	my dad and i found a mustang.. we went to look at a boat last week and pulled up in the '86 vert. and the guy that owned the boat asked they year of ours and all that and then said that he had one in one of his barns(he's a cool old farmer) and asked if we wanted to see it. so my dad and i followed him into the barn and towards the back was this mustang. it is an 86 gt t-top mustang. the car has 79,583 miles on it and hasn't had tags on it since 2004. my dad jokingly asked him if he wanted to sell it and the guy said maybe. so we went to look at it more last night. the car is in perfect, stock condition. it doesn't have the typical rust that fox-bodies have. the deck lid is perfect, no rust. the doors have no rust. the interior is perfect. and the paint still has the shine, although it is covered in dust right now. it started right up for us when we tried it last night. so all that said...how much would a car like that cost? my dad and i are very interested in it. i looked it up on edmunds, but it said 1600 for it and i think that is far too low for how nice the car is. any ideas of how much it would be? my dad and i are thinking it would be worth about 2500... sorry for the long read. __________________ '93 3.0L SHO 5spd. '89 5.8L lx 5spd. 351W(349hp/384tq)-tfs twisted wedge(stage 2), rpm air-gap, comp cam(294/294:518/518) and lifters, kb .060 pistons(11.5:1), mac shorties, pypes o/r X, mac 2.5" all the way back, holley 750, march u/d pulleys...it's alive..it's back together and running strong -zach

06-29-2007, 03:43 PM	#2
Mr 5 0 Conservative Individualist Join Date: May 1997 Location: Wherever I need to be Posts: 7,487	Re: my dad and i found a mustang.. This sounds like a great find - but forget 'book value'. A 1986 Mustang, at 21 years old, is worth whatever someone is willing to pay, be it $1,600 or $16,000. I would offer him $2,500. and go a bit higher to get this gem but this is going to be your choice (and your dads). FYI: I sold my near-stock '90 Mustang LX hatch, 5.0, 5-speed with 125,000 miles on it, very little rust but very average paint and interior, for $2,000., back in '05. It went in one day. My LX was a one-owner Mustang (me), no heavy mods and had never been in an accident. I offered a CarFax report with it, to prove that. I suggest you pull one on this '86, just for peace of mind. You'll need the VIN. I wish you guys good luck in acquiring the '86 T-top, if that's your dream car. Let us know how it works out - if it does. Sometimes these private-owner deals collapse because the owner mistakenly thinks he has a $20,000 car in his barn or he just doesn't really want to sell it after all. It happens. Be prepared. __________________ 5.0 Mustang Owner 1990 - 2005

06-29-2007, 08:58 PM	#3
StormsofAres86gt black and blue Join Date: May 2005 Location: cinci. Posts: 84	Re: my dad and i found a mustang.. i agree that the book value of the car is thrown out in a case like this. the guy is going to look at car traders to see if he can find one similar to what he has and get a price from that. i'm going to check also to make sure he doesn't find one that is nothing like it and try to charge us for that. but he's a really cool, down to earth kind of guy that's really not into stuff for the money of it. but we'll see how it comes out. i'll let you know how it goes. __________________ '93 3.0L SHO 5spd. '89 5.8L lx 5spd. 351W(349hp/384tq)-tfs twisted wedge(stage 2), rpm air-gap, comp cam(294/294:518/518) and lifters, kb .060 pistons(11.5:1), mac shorties, pypes o/r X, mac 2.5" all the way back, holley 750, march u/d pulleys...it's alive..it's back together and running strong -zach

07-03-2007, 08:14 PM	#4
Unit 5302 Registered Member Join Date: May 1999 Posts: 5,246	Re: my dad and i found a mustang.. The car is probably worth at least $4,000-$6,000 in the current market. It's not a real "collectors" car; however, there are a lot of people willing to pay top dollar for an old T-Top car in that kind of shape. Take a look at ebaymotors for example. If you can get it for $2,500 or even $3,000, it's probably a bargain.

07-22-2007, 01:47 AM	#5
apicia Registered Member Join Date: Jul 2007 Posts: 3	Re: my dad and i found a mustang.. So... did you end up working out a deal? Any pictures of the car?

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