Hello, I have a 65 fastback. I know it is hard online, but I need to try and get a value on it. It has been sitting for about 17 years. It has a 302 and a C-6 transmission. The beginning of the VIN is 5R09C. It does not run. It has drum brakes, no ac, no power steering. After market steering wheel, and shifter. Seats have extreme wear with holes, etc. No radio. Instrument cluster does not work. Carpet torn. Various interior pieces missing/broken. Needs body work. Has a little rust. No major dents. Needs valances & bumbers, all moldings, weatherstripping. Tires are good. No vin on driver door (think is was replaced.)
I could go on...but I think you get the idea.
Any help would be appreciated. Thank you for your time.
Pictures would help and that vin is too short ask them to take a picture of the vin on the drivers side inter fender.I'm taking a wild guess and say 5k-8k range is what its worth.
Pictures would help and that vin is too short ask them to take a picture of the vin on the drivers side inter fender.I'm taking a wild guess and say 5k-8k range is what its worth.
You won't get much help without photos showing the condition of the car.
andrewmp6, Rhonda has deliberately left off the last 6 digits of the VIN to hide the identity of the car. She's probably looking at buying this car and doesn't want any competition from us. We know that it's a San Jose built '65 Fastback that originally had a 289-2V in it.
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I contend, that for a nation to try to tax itself into prosperity, is like a man standing in a bucket and trying to lift himself up by the handle.
—Winston Churchill
I really hate these types of questions, just because the car is only worth what the owner wants for it. I mean really I bought an unmolested, one owner, 1965 Fastback, V8, 58,000 original documented miles, stored in a warehouse, bone stock for $1,000. So how much was that car worth? It was worth $1,000. Contrast that to a 64 1/2 Convertible I have been trying to buy for 14 years the car needs a complete restoration the owner had a Mexico interior done in it (nasty velvet like material on the seats), and while it runs, it needs everything. He won't part with it for less then $30K so that convertible is worth $30K.
The owner always has a price in mind, they always play the dumb and say "Well make me an offer" they are hoping you will offer them $10,000 for the rusted pile of parts in their barn. Always hit them low to shock them: “Say based on the condition I'll give you $1,000”. They will do one of two things, they will take the offer or freak out and tell you "I can't take that little for it" that allows you to pry the price they want out from their steely grip by just asking “well what were you looking to get out of it” now they have to give you a price because you have already started the negotiations and you have already lowered the bar way down in their mind. I have been buying barn finds and project cars for years, I have owned over 60 cars myself and I have purchased over 20 cars for international collectors and buyers.
Also the value anyone gives you on a forum, club, or conversation is just an opinion. If you want a good working opinion look at NADA and then deduct what the car needs, I use this all the time to leverage sellers into seeing the true worth of their car.
NADA gives a 65 fastback a base value of $17,000-$25,000 (Low to Average):
On the low end the cost to restore the follow is roughly:
Paint and body -$5,000 Interior -$1,500 Wheels and Tires -$2,000 Engine and Tranny -$4,000 Chrome and Trim -$500 Brakes and Suspension -$500 Fuel System -$500
So the car needs about $14,000 worth of work (roughly that does not take into account if it needs floors, and rust repair, if it does need it just add them to the list of restoration costs)
So that gives you a car that is worth between $3,000-$11,000. So I would not spend more than $5-7K a car of this condition, but again always hit them much lower.
Again just from my experience in buying and selling classic cars for the last 14 years. The average price I have paid for a car is only $1,500 and that includes rare Coach Built Moretti’s from Italy, 65 Mustang Fastback, 70 Sportsroof, 64 Falcon Convertible, 59 Ranch Wagon, 63 Mercury Monterey Convertible, and many more.
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Mike
I've had 60 cars....most of them Mustangs :-)
I really hate these types of questions, just because the car is only worth what the owner wants for it.....
(OR) A car is really worth what someone is willing to pay for it.
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I contend, that for a nation to try to tax itself into prosperity, is like a man standing in a bucket and trying to lift himself up by the handle.
—Winston Churchill
Calponycar has the right evaluation. I would that since the car does not have the original engine and trans and possibly other modifications that the value would be a bit less. It would be good to check the dorr tag and get all the id numbers for more information.
17 year old tires are no good and any car sitting for 17 years needs it all from the sounds of it so 500- up to maybe 2000 depending upon rust situation. ps ive owned more than 100 and probably closer to 200 classic mustangs in my 66 years on this great planet. wes
I really hate these types of questions, just because the car is only worth what the owner wants for it. I mean really I bought an unmolested, one owner, 1965 Fastback, V8, 58,000 original documented miles, stored in a warehouse, bone stock for $1,000. So how much was that car worth? It was worth $1,000. Contrast that to a 64 1/2 Convertible I have been trying to buy for 14 years the car needs a complete restoration the owner had a Mexico interior done in it (nasty velvet like material on the seats), and while it runs, it needs everything. He won't part with it for less then $30K so that convertible is worth $30K.
The owner always has a price in mind, they always play the dumb and say "Well make me an offer" they are hoping you will offer them $10,000 for the rusted pile of parts in their barn. Always hit them low to shock them: “Say based on the condition I'll give you $1,000”. They will do one of two things, they will take the offer or freak out and tell you "I can't take that little for it" that allows you to pry the price they want out from their steely grip by just asking “well what were you looking to get out of it” now they have to give you a price because you have already started the negotiations and you have already lowered the bar way down in their mind. I have been buying barn finds and project cars for years, I have owned over 60 cars myself and I have purchased over 20 cars for international collectors and buyers.
Also the value anyone gives you on a forum, club, or conversation is just an opinion. If you want a good working opinion look at NADA and then deduct what the car needs, I use this all the time to leverage sellers into seeing the true worth of their car.
NADA gives a 65 fastback a base value of $17,000-$25,000 (Low to Average):
On the low end the cost to restore the follow is roughly:
Paint and body -$5,000 Interior -$1,500 Wheels and Tires -$2,000 Engine and Tranny -$4,000 Chrome and Trim -$500 Brakes and Suspension -$500 Fuel System -$500
So the car needs about $14,000 worth of work (roughly that does not take into account if it needs floors, and rust repair, if it does need it just add them to the list of restoration costs)
So that gives you a car that is worth between $3,000-$11,000. So I would not spend more than $5-7K a car of this condition, but again always hit them much lower.
Again just from my experience in buying and selling classic cars for the last 14 years. The average price I have paid for a car is only $1,500 and that includes rare Coach Built Moretti’s from Italy, 65 Mustang Fastback, 70 Sportsroof, 64 Falcon Convertible, 59 Ranch Wagon, 63 Mercury Monterey Convertible, and many more.
sounds like the type of stuff they taught me to tell customers that came in to trade in their cars when i was working at a dealer lol. good advice from an experienced buyer.
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65 stang (t code) 351c, t-5, 8" daily driver :)
87 fox lx 5.0, t-5, 8.8, on the drive way, gettin her back on the streets soon :D
its a damn fighter jet not a pony,
and we are fighter pilots.
First On Race Day ok, not that retarded gm mopar lame saying
sounds like the type of stuff they taught me to tell customers that came in to trade in their cars when i was working at a dealer lol. good advice from an experienced buyer.
A lot of it is just that. I did sell cars and ran an internet department, the same rules apply to classic cars. How many customers come in with their 100,000 Kia Spectra, with dents, dings, bald tires, cracked windshield and want full KBB trade in value for it... same people I would often ask them if they walked on my lot and I asked them to look a car with damage, bald tires, needing a windshield, etc... if they would be interested in buying it? I would also flip it on them if they were buying a used car if they wanted anything added changed or fixed on the used car they were buying.
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Mike
I've had 60 cars....most of them Mustangs :-)
Need value on 1965 Mustang Fastback please 
Any help would be appreciated. Thank you for your time.
