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Old 07-15-2002, 01:35 PM   #14
Mr 5 0
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I would ask $2500. and not take much less than $2200. unless you get desperate.

The book value is about $2,000. on your '89 but this is a 13-year-old car, a Mustang V-8, and a lot of the price you get revolves around how scarce they are in your area and how badly a potential buyer wants one. Book value matters mostly when you trade or sell it to a dealer.

Lots of younger guys with small budgets drool over an affordable Mustang V-8 with a stick shift in decent condition and 110,000 miles isn't the end of the road for a 5.0 by any means (my '90 LX has 118,000 and runs mint - and I was offered $4,000).

I wouldn't ask a dime less than $2,500. Take no less than $2,000. and only as a rock bottom-no takers-desperation price.
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