estimated value of a restored 1989 mustang gt - Ford Mustang Forum
 
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post #1 of 14 (permalink) Old 11-01-2011 Thread Starter
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estimated value of a restored 1989 mustang gt

Just got done restoring this 89 gt and wondering what would be a good selling price to ask just so im not too high. A little about the car its an automatic has the 5.0 with 114,000 miles the motor and everything is bone stock has a fresh custom silver paint job new headlights and windshield, rust free now has new quarters and rockers. The car was originally blue and silver but now its all silver. Shoot me some offers..
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post #2 of 14 (permalink) Old 11-01-2011
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do you seriously have stick on hood scoops on it? i'd take those off and beat you with them if i knew where you lived. :kooky:

on a serious note, the right person would probably give you ~4K, seems low because its an auto trans car with hurricane wheels with old tires, put pony wheels on it with new tires and swap in a T5 and you could probably get 5 or 6k. you have to remember its not really a year people have started considering a classic yet. so its worth a bit. but dont expect to get 10k for it.
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post #3 of 14 (permalink) Old 11-01-2011
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The door molding would definitely help the price appeal.
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post #4 of 14 (permalink) Old 11-01-2011 Thread Starter
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yeah i have the stick on hood scoops i thought is looked cool and havent seen it wish i had money for a mach1 hood but i had those laying around and the door moldings you picked out of it right away lol i just dont have the money to buy anything right now thats why im trying to sell it, lol
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post #5 of 14 (permalink) Old 11-01-2011
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Depends on what "restored" means to you. I'm currently restoring mine, and to this point I've rebuilt the engine(331), rear, replaced the trans, all the brakes (5 lug 4 wheel disc cobra setup), new paint, refinished the entire interior (carpet, headliner, re-dyed all the panels, dash, fixed wiring, etc), replaced weather stripping on the entire car, strikers, hinges etc...and I'm not done yet. To this point I've dropped roughly 15k in parts and materials (materials meaning paint, dye, etc).

Is that the level of effort you are talking about, or are you just talking about fresh paint and some weather stripping? Because that will make a HUGE difference in what the car is worth.

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post #6 of 14 (permalink) Old 11-01-2011
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Get the scoops off....

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post #7 of 14 (permalink) Old 11-01-2011 Thread Starter
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new paint and everything else is stock rear end, motor and tranny all factory from what i can tell. The interior is okay but the drivers seat has a tear in it. With that what do you think i could get for the car???
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post #8 of 14 (permalink) Old 11-02-2011
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4500 maybe 5000 if you find the right buyer.

95' GT
331 cubes of fun
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post #9 of 14 (permalink) Old 11-02-2011
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Quote:
Originally Posted by 1989stangGT View Post
new paint and everything else is stock rear end, motor and tranny all factory from what i can tell. The interior is okay but the drivers seat has a tear in it. With that what do you think i could get for the car???
That's a far cry from restored man, no offense. New Paint != restoration job. I'd say 4500 ish, as a rough guess, depending on interior and mechanical condition. Saying things are all stock doesn't tell me anything other than lots of old original parts could be on the car.

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post #10 of 14 (permalink) Old 11-02-2011 Thread Starter
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well thanks i dont really want to sink any more money into it cause i need to sell it because i am in college and brike and have a 79 i am in the process of redoing. Thanks for the imput
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Your best bet look at autotrader and ebay and that will give you a good idea what the market is looking like.

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Look it up on blubook then add 3k for paint. then subtract $2k for the missing parts and pablos hood scoops.

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Quote:
Originally Posted by spdjnky_42 View Post
Look it up on blubook then add 3k for paint. then subtract $2k for the missing parts and pablos hood scoops.
Poor mustang....get those damn hood scoops OFF of there! my god what were you thinking?? I saw a honda today with a huge scoop on the roof, i guess this isnt THAT bad but still.

Just an old ford...

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Hey I had a hood scoop coming out of my trunk and onto my roof of my old 1993 MR2.

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392 rwhp 424 rwtq....Mustang Dyno
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