Pricing help

[Unit 5302]

The coupe hurts a lot as they don't sell nearly as well as the fastback (I really wish Ford would pay attention to that fact). A resto-modded EFI 5.0 car isn't going to bring anywhere near the kind of money that a big-block, Mach 1 or Boss will. The frame-off resto was performed 8 years ago, and they're pretty much a dime a dozen these days.

It's going to depend a lot on how good the bodywork is, but I would expect you'd be able to get somewhere in the $8k-$10k neighborhood if it's nice.

I would definitely be looking to sell it sooner rather than later as the obscene bubble in the 60s car prices won't last forever.

[Fox90GT25th]

Originally Posted by Unit 5302

I would definitely be looking to sell it sooner rather than later as the obscene bubble in the 60s car prices won't last forever.

I disagree The prices on these cars are high and will stay this way.







fieroguy don't sell your car.

You can get a house without selling it. Go to the bank and see what types of loans are available to you. You might be surprised


Case in point. The house we just purchased we qualified for a rural development loan saved us about 7k on a down payment and about 150.00 on the payment.

[Unit 5302]

Originally Posted by Fox90GT25th

I disagree The prices on these cars are high and will stay this way.

Classic cars have been skyrocketing in value since the release of Gone in 60 Seconds, and the coverage of the Barrett Jackson car auctions. The appreciation is extremely abnormal, and the number of people interested in the market is finite. In my opinion, not only is the market saturated, but the coming financial difficulites for many homeowners will force decisions between houses and toys.

The collector car market has been fickle for a LONG time now with run ups and drop offs. This recent bubble is likely no exception. Especially when Detroit has decided to make throwback offerings which is what most of the general public really wants anyway.

Classic musclecars are expendible toys for most folks, and the buyers of these cars are most often people in their 50s which now want to go back and get their dream car. These folks are nearing retirement, and they'll be all too eager to dump their classic cars when they start to feel the retirement pinch. Of course, there are a lot of people with tons and tons of money, but they're not interested in a collection of 200 cars because the market will again turn bearish, and storage for such a collection is hard to come by.

Today's youth market, as a general rule, has no interest in musclecars, and I don't see that interest changing. That means there is a finite and dwindling number of people even interested in the classic cars. How many people do you know that are actually interested in working on or building cars? I hardly know anybody with that kind of interest anymore. We're a rare and dying breed, and pretty much the only market for those old cars.

Those are all reasons why the collector car market bubble isn't likely to continue indefinitely, or in my opinion, even for another 5 years.

[Mr 5 0]

Originally Posted by Unit 5302

Today's youth market, as a general rule, has no interest in musclecars, and I don't see that interest changing. That means there is a finite and dwindling number of people even interested in the classic cars. How many people do you know that are actually interested in working on or building cars? I hardly know anybody with that kind of interest anymore. We're a rare and dying breed, and pretty much the only market for those old cars.

Sad but true. I'm one of those guys that spent years tinkering with and street-racing muscle cars (a '71 Camaro 350 in the 80's and a '90 'Stang 5.0 in the 90's) - and I loved every minute of it. However, that was then, this is now. Been there, done that.

Today, you can buy a new Mustang with an honest 300 HP, every convenience and safety feature imaginable, neglible emissions to worry about and not have the reliability hassles of an old car. I still like the older muscle cars but prefer to see them at car shows these days.

I agree, too, that, judging from what I see at local car shows, it's mostly late-middle-aged guys that are buying these '60's/70's muscle cars - and they won't be doing it forever as we all age. Insurance and upkeep on an old car, especially to keep it pristine, is time consuming and gets old, eventually.

I had a friend (only 32 years old at the time) who had a restored '67 Camaro convertible that was very sharp. One day, he put a 'For Sale' sign on it. I asked him why. He said: "every spring I pull it out of the garage and have to clean it all up and go through it for any rust, leaks, etc. Then, I only drive it about 100 miles or so because I don't want to add mileage to it (for resale). I finally realized that it was becoming pointless to keep a car I hardly used and that wasn't much fun anymore." That pretty much sums it up. I couldn't fault his logic - and he got $6,000. for his Camaro, which was a stock 350/4 speed.

There is still a market for old musclecars but, as you stated, it's finite and shrinking. Young guys today are all into foreign 4-bangers...if they are into 'cars' at all. Muscle cars are dinosaurs to most of them. A 40-year-old Mustang V-8 restomod (which are very common) has some value but the market is going to be sparse.

[Fox90GT25th]

Interesting points guys.

I guess what I am looking at is the rise in pricing for the older cars and the way some 80's/90's cars are holding their value.



Heck I see nice 5.0's going for 6k all day.
6k for a 67 vert is dirt cheap wither it be a chevy or a mustang. Sure you can buy a 60's car all day around here for 5 to 6k but what you would be getting is some pos someone threw together with gallons of bondo and a junkyard motor.