AOD 5.0 less expenive than a 5 speed?

[NEL5.0N]

I'm very much a newbie to Mustangs, especially 5.0s....All I know is I've always admired them (especially in notchback form and the throaty sound emanating from their exhaust). Anyways I've located a very clean '93 5.0 LX notch, and the price is just right, maybe too good. It has 15,617 original miles on it, selling for $9,000. The price seems a little low doesn't it? Or is it? Maybe the guy is clueless on how much it's really worth? Maybe he's deperate for money and figures 9K is ok for a 10 yr old car.

Anyways the car's interior is showroom condition and the owner has all the papers backing up the mileage's authenticity...it's never been driven in the winter, no mods, 100% stock.

Could the low price be due to the fact that it's an auto and those aren't really sought after? Are autos typically cheaper? What's the market value on 93 lx notchbacks? Anyone have production numbers for 1993? Any help is appreciated.

[VeNuM]

I've heard many people say low mileage only adds on $2,000 to the typical car. Mustangs are somewhat unique because if you have a high price tag on a all original, low mileage car, there's more people out there willing to pay it. So all together I don't think it's an extremely low price, but does seem like a deal. ~Brian

[LX XLR8R]

seems pricy to me..i would never ever pay that much for a stock foxbody

[silver_pilate]

It's true, you can get a decent Mustang for a lot cheaper with a lot more miles on it. However, plan on spending a lot of time searching and rumaging through ads to find the one you want. Anyway, $9000 sounds reasonable to me for a 93 notch with that few miles on it. Heck, 4-5 years ago, I paid $8000 for one with 80,000 miles on it.

If I were in your shoes and could afford it, I would buy that car in a heartbeat. It is very rare to find a completely stock Mustang with mint interior and all documents. I know; I searched for a year and a half for mine. It was completely stock with a perfect interior when I bought it. By buying a stock car, you know exactly what is done to it and when. Also, you can't measure the satisfaction you get from a perfect interior. I've gotten more complements on the interior of my car (all black) than I have on the car or engine.

Anyway, if you can afford it, I would do it. Sounds like a sweet deal to me. Others are going to tell you that you can find a decent Mustang for under $5000, and that's completely true. However, chances are it will not be stock, it will have many miles on it, and it will not be in as good shape.

Your decision.

--nathan

[bottlebaby91]

production for 2dr sedans (aka notchbacks) in 1993 was 24,851 total.

[Mach 1]

Originally posted by NEL5.0N
Maybe the guy is clueless on how much it's really worth? Maybe he's deperate for money and figures 9K is ok for a 10 yr old car.

Or maybe your clueless, as that car is worth NOWHERE near $9,000. I suggest you do a lot more research before you go car shopping. Let me help you out, that car with the milage stated in mint condition as you say, is worth roughly $4,500.

If you can pay double whats it worth and still sleep at night, go for it. If not, stay away.

[lx5091]

I don't know where you got your numbers, Mach1 but the Kelley blue book which I hold in high regard as being the most accurate source I've seen the last 18 vehicles I've bought states the value of a '93 5.0 Notch Auto with 15K is $6,400....and if it was absolutely pristine and original I just might pay $9K for it...but NEL5.0N..don't kid yourself...if it isn't perfect or original then negotiate the price down, just because you've always wanted one doesn't mean you should make a sucker out of yourself!

And I think that notches are gonna fetch much more $$$$$ than hatches as fox bodys age into classics

[Mach 1]

Originally posted by lx5091
the Kelley blue book which I hold in high regard as being the most accurate source I've seen the last 18 vehicles I've bought

The KBB is overpriced and overinflated. If your paying KBB prices, your paying too much. KBB is what the dealer wants you to pay, not the true market value of a vehicle. Generally, they are around $2000.00 to high, as demonstrated here.

And make sure your not looking at dealer retail when buying from a private owner.

For more realistic prices, try www.edmunds.com

ps- I just checked KBB, and thier private party value for a 93 lx 5.0 in excellent condition with 15,688K miles was $4780.00 This can vary a few hundred depending on the options on the car and exact condition, etc...

but regardless, the car isnt worth $9000.00. Not to me anyway. If its worth it to you, then pay it. Remember, a car is worth whatever somebody is willing to pay for it. If somebody hands over $9000.00, the seller is gonna be laughing all the way to the bank, I can promise you that much.