Forget the book value. Someone will pay what they believe the car is worth to them. According to the book at 15K a year, it should have 195K. What the person is buying is a mechanically sound 5-speed 5.0 that is a little rough around the edges. To me, that has to be worth at least $2K. Any 89 5.0 you get, no matter how nice the paint, will need a considerable amount of work sooner or later.
If I were you, I would ask $3K and since you aren't in a hurry, take the first $2.5K someone offers. If someone gets real excited about the car, you could easily get 2.5 but I wouldn't count on it. I would think you would get plenty of $2K offers so if you get desperate, that would be the least to take. I wouldn't ask more than $3K cuz that will scare folks away and they won't take you seriously. This is Chicago talking and I don't know what the NY 5.0 market is like.
What did you say about the steering? I have a new rack but it is still loose, what are you going to replace to fix this?
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'89 GT- Hurst- 3.55's- MM's subs- 144K miles- 14.31@97.5
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