Thread: Mustang Newbie
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Old 01-20-2003, 10:43 AM   #3
bigbandjohn
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Join Date: Sep 2002
Location: The South, USA
Posts: 143
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I'm going to agree with thunderbolt. What you described as the condition of the car and what T-bolt said about price matches closely what I purchased and it's price. I have a '66 coupe that was off the road for 18 years and mostly garage kept until the last 2. I got it valued for purchase around $2500-3000. Even though it's a '64.5, the value isn't much higher than a '66 from all investigating I did. The one + I had was that the engine runs good.

Since I am currently going through a similar restore, let me tell you possible things that may be issues that I was warned of (or ran into). With the car sitting for so many years without running, there was concern with the engine seals having dry-rot, so the engine will leak when running (I was lucky to not have this problem - at least noticable yet). Brakes and brake lines should be checked. I need everything replaced. Tires may have dry-rot or have "flattened" from sitting (not sure what they meant). Tires are cheap. I was told Fuel pumps commonly have problems when cars are left sitting. Mine was replaced. I also needed a new fuel tank (old one was rusted out)

You mentioned interior damage. The drivers seat on my 66 is ripped, and the carpet stinks. I am redoing the whole interior myself for about $600 for everything, including new seat cushioning. While I am cautious about doing some of the initial mechanical work, this is one thing I feel confortable doing. I am lucky that the body doesn't have a lot of rust, but I will be re-painting the car at some point as well. Make sure you are not rusted through. Make sure that where the suspension connects to the body/frame isn't rusted out as well.

I would not worry about the color not being original. Decide for yourself what you want to do. Chances are, you'll have the paint removed anyway when taking care of the rust, depending on how extensive it is. Anyway, it's better to start with a clean slate than to paint over paint (i.e. don't go to Earl Sheib for $99 unless you dont care!).
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