[pzwestside]

Another question..

Do the fox body mustangs from 87 to 93 hold their value?

to clarify - I have had a 50/50 mix of people state that they are worth squat, and the others say hold on to the veh, because they will be worth money in the long run as long as you take care of it?

Utimately, I just want to know if it is worth holding on too...

What's everyone's opinion on this?

[nails79]

not right now, they are still a dime a dozen, but figure the 87 models are closing in on 20 years old, another 10 years the value for a clean, well maintained STOCK car will begin to rise. tough to find an all stock mustang though

[BadlandsGhost]

In my lowly opinion, theres 2 answers to that question.
*edit: D'OH, beaten to the post *
In the general car market place, a fox will depreciate just like any 12-15 y/o car, maybe a little less, since its a sports car, but not enough to really make a difference. And it might even be worth a little less, since people tend to beat on them.
Buuuuuuttt:
On the "mustang market" things work a little differently. Especially if the car is kept stock or near, and hasn't been run from here to saturn and back. How often do you see a cherry bone stock fox for sale?
This is not to say that modding the car automatically lowers what your going to get, though. The key is the quality of work done. For example: Which would you pay more for?
A: 93 GT, with a homebuilt PAW 347,
B: 93 GT with a DSS built and balenced 347, with paperwork, and dyno sheet?
Documentation is another thing that can help the value of the car. Fer' instance if you can show a potential buyer the cars paperwork history, including maintenence, that demonstrates that the car has been well maintained.
You get the idea. Sorry I dont think thers a definate answer, just individual situations

Just my .02
J

[madmaxin22]

of course there is no set answer as stated priorly, but there are always those 130k beat mustangs w/ typical mods that drive looser than an 84 dodge aries, and there are the low(ER) mileage stangs that are taken care of and not ragged on. I bought mine for 2 yrs ago w/ 80k on it and it was bone stock and drove like a new car. Of course i had no problem paying 2k over blue book

[Makdaddymac]

I'm worried about that beater mustang theory.. People eat these dime a dozen foxes up.... I'm in the fox market as of now, and i went to look at this 92 looked all stock to me, but you never know.... it was $3200 w/155k,5-spd,sunroof,GT, fair to avarage condition for a 10+ yr old car.
Imm hesitant but yet i still want it cause i have plans for it and am not to concerned about it present reliablilty;just worried about getn my hands on the mustang i love and plan to hold on to like the guy who comes back to the highschool reuinion with the mullet and same car...
But Im scared to buy a previously modded car, cause who knows what rigging went down. But i guess in my situation it doesnt matter because once i have the desired type of mustang(5.0,GT maybe LX5.0,5spd, it'll all be an experience to live and love with.......I kno thats corny but I love these fuckn cars......

[fine89lx]

The only way to gauge that really is to let time pass and see what happens.(which we are just about at that point now)

In the case of the fox Mustangs, they were an instant hit BRAND NEW and very popluar. With that being said, even though there were some high production numbers and a handfull ofmore desired special edition Fox Mustangs all of them were garden variety 5.0's.BUT supply and demand comes into play. Now it is almost 20 years since the popular 87-93 run started. Over the years the mumbers dwindle.
They were a popular car new..so what do you think happens when they get harder and harder to find? These factors come into play. They will basically bottom out in value as any car would depreciate, then level off in price, then start to climb. They DO hold their value well for vehicle in great condition as we are finding out in time. Check out what they originally sold for and now lookat any auto trader magazine or ebay etc. The market is starting to show that. I had mine for 15 years ...the insurance rates are still high ...the broker told me because its holding its value well.
Now what one is worth...is a whole other ball of wax. There are so many factors that can determine a price that I wouldn't even begin to guess at what the "correct" prices should be. I seen prices all over the map for these things.
Do your homework. Make a wise decision before you buy. As with anything though if you want it bad enough you will pay for it. Just make sure its what you want.

[pzwestside]

thanks for the info guys.. appreciate it..


I currently have a 1989 LX Mustang 5.0 Manual shift. EVERY SINGLE thing is STOCK on my veh, even the radio is the classic Ford Tape Deck nothing has been done, 2.73 gears and the whole nine. The body needs a little work, but apart from that the car runs real good. I am just going to hold onto it and hope down the road it is worth quite a bit. The only unfortunate thing is, I have 280,000 km on it, I guess that is roughly about 150,000 miles or more, but the engine was completely rebuilt so, should last a while..

[BadlandsGhost]

If I were you, the only things I'd change would be "reversable" stuff, and start fixing the little things as you can. Couple of years you'll have an absolutly cherry fox, but by then you may not want to sell it

[JohnBoy's 91]

My freind just bought a 87 Mclaren Mustang for 3,000, it was a 30,000 car when new
its missing the factory wheels and has about 100,000 miles on it
its also missing the rear lower spoiler, leather is craked,engine is nasty
if this was a low mileage car it would be be worth about 10-15,000
so some hold the value better then others

[BadlandsGhost]

Dont see many Maclarens anymore...Good deal once its fixed up :thumbsup

[Marz!]

Some Mustangs will hold their value... to a point. Like a 5L 'Vert. As the saying goes: "Top goes down... price goes up!"

Also, the Mustangs that are considered the "firsts" or "Milestones" (I guess you can call them that)like the 85 GT 4bbl 5speed. The 85 was the first year the FOX Mustang passed the 200hp mark and the first to have a roller motor. Then the 86 GT's... they were the first EFI and the last of the 4 eye'd Mustangs. The 82 GT's were the first FOXes to have the GT badge and if you got it with a 4speed... you got the 302 HO V8.

I've had no problem with modding a car. The one thing I believe in is making it look original a possible though... and what ever can be reversed. Though, I also feel that some things are needed. Like if you were to toss a high HP engine under the hood... better upgrade those brakes... specially if you have the 79-86's with the 10" disc's.

If a car is built well... even by a backyard mechanic... it'll hold its value... sometimes it could fetch more... depending on what was done to it and how well it was done.

Anyways.... just my 2 cents.

[Hissing Cobra]

In my opinion, I don't believe that they hold their value well at all. I regularly see bone stock, low mileage (less than 50K) GT cars selling for $6,500-$7,500. All you have to do is go to a local all-mustang show and they pop up. Also, these cars are MINT! At times, I do see a car that was made in lesser numbers ('84 GT-350's, '90 7-up's, '91-'93 limited editions (Yellow, Red, White) or the '93 Cobra's that will go between $10K-13K. But these cars have to be mint to fetch that kind of money.

As for modified Fox bodies, I've never seen one where a person recovers their money. I'll even admit that I'd be lucky if I could sell my car for half of what I've got invested into it. People who build their cars will very rarely recover the cost of what they've invested. Usually, it's a losing proposition.

I have learned a valuable lesson though, the next time I buy a Mustang, it'll be a low mileage original that I'll just slap some draglites on and call it good. It's a lot cheaper to buy a low mileage original one than it is to build one.

[5.8capri]

I am a proud owner of 3 foxbodys and. All three have been bought for under 1000 with minor issues mechanically but great interiors and body's. not hard to put in a new drivetrain yourself making them worth close to 4 or 5k.