What's up with this? (selling car)

[Rev]

Originally Posted by mattgoveiagt

Just a little side note. Does anyone else think it's a bad thing that the more common Mustangs don't command a price that would justify a restoration? The situation is already pretty bad, about 95% of the early coupes and even 'verts that I see are in horrible shape. I guess this is why.

It's like they say in the stock market. The market doesn't care what you or anyone else thinks. It's all supply and demand. As these old Mustangs age and deteriorate, it will be harder and harder to find a good one. Right now, there are still lots of early Stang coupes that have more or less solid bodies and not too much rust. These can be restored with out too much extensive structural repair. $20,000 or so might fix one up fairly well if the owner does some of the labor. Just as in your case a person can buy one for less than it cost to build it. I woulndn't plan on making a profit unless I was in the business of buying and selling classic Mustangs. The dealer always buys at wholesale and sells at retail. Just my thoughts on the matter.

Rev