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Classic Mustangs Talk General Discussions

General discussions specific to 1964-1967, 1968-1970, and 1971-1973 Classic Mustangs. Discuss all non-technical topics related Vintage Mustangs here.

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Unread 05-28-2008   #1 (permalink)
cbetty is offline Apprentice

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Default Fair Price for a 1967 Mustang Fastback?

What is a fair price for a daily driver 67 or 68 fastback? I recently sold my 67 fastback that needed too much work for me. I am seeing some hefty prices on Ebay, but would like to buy one that doesnt need alot, but no means is perfect. Does $20k sound right?
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Unread 05-28-2008   #2 (permalink)
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6 months ago I would have said--great buy! Now, with the economy and the gas prices, I'm not so sure!
At the time I turned down 30K for mine,
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Now I don't know what would be a decent offer. I suspect they've dropped in value since then, but I haven't any idea how much.
There's a vast difference in the quality of daily drivers, that in itself would be the defining qualification, I would think. Some are barely above project cars, some are barely below show cars.
It's all in the eye of the beholder.If you think the car is worth what it's priced at, and the owner is willing to sell at that price, then it's a deal for both of you and what anyone else thinks doesn't matter!
Good Luck
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Unread 05-28-2008   #3 (permalink)
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Default Definition of a daily driver

Jay67fast, you stated something that is a good question, What is a daily driver? Is it a step above a project, or is it a step under show quality? How much is a fastback worth that is a step above a project? I think there can be a big price difference between these, that's where i dont want to pay too much- thanks for that reply.
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Unread 05-28-2008   #4 (permalink)
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Has the car had a frame-off restore? What does the floorpan look like. Does it have a cowl leak?
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Unread 05-28-2008   #5 (permalink)
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Quote:
Originally Posted by stlwagon View Post
Has the car had a frame-off restore? What does the floorpan look like. Does it have a cowl leak?
Frame-off restore? This ain't a chebbie site.
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Unread 05-28-2008   #6 (permalink)
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Quote:
Originally Posted by cbetty View Post
What is a fair price for a daily driver 67 or 68 fastback? I recently sold my 67 fastback that needed too much work for me. I am seeing some hefty prices on Ebay, but would like to buy one that doesnt need alot, but no means is perfect. Does $20k sound right?
Too hard to tell without seeing pics and knowing what was needed. Engine? Interior? Options?
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Unread 05-29-2008   #7 (permalink)
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Kinda hard to do a frame off on a unibody car theres no frame.Get the car appraised that will be close to what you can get.
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Unread 05-29-2008   #8 (permalink)
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a daily driver is a pretty vague description. it could be a rotted out basket case and be driven daily. or it could be a rotisserie restoration and be driven daily. the difference in price is dictated by it's overall condiotion. hell, it could be a $3000-$30000 car. you have to compare what you're looking at with whatever else out there is selling for.
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Unread 05-31-2008   #9 (permalink)
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How much did you sell your mustang for that needed too much work or more work than you wanted to handle ? That should give you some basis so you know you will have to spend a bit more than that to get back into one that you could work on a bit but still drive.
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Unread 06-01-2008   #10 (permalink)
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no possible way you can do a frame off resto on a classic mustang
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