What is my 1965 Mustang Worth? - Ford Mustang Forum

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post #1 of 12 (permalink) Old 02-05-2012 Thread Starter
lisabe's Avatar
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What is my 1965 Mustang Worth?

I'm restoring my mother's 66 Mustang and I need to pay my sister 1/2 of the value. (We currently share ownership).
It needs lots of TLC.
It also needs new seals, and a short block, need a new mustang horn and some interior repair. Not sure if it needs anything else.
See attachments.

Thank you for your suggestions.

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post #2 of 12 (permalink) Old 02-05-2012
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I see road ready 65s on "autotradersclassics.com" goin for $5,500 on up. The body on yours looks to be in really good condition. That will be in your favor. I see the cats like it. haha. How does it look underneath? No rust in California right?

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post #3 of 12 (permalink) Old 02-05-2012
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that "was" a nice car, in it's current state it's worth about $1500-2000
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post #4 of 12 (permalink) Old 02-05-2012
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If thats the original paint on the car, and its in as good shape as it appears to be in. i'd say 3-5000.
thats assuming there is little to no rust on the car in the floors or the body. if its been sitting in that garage for 25+ years like those pre 82' cali plates suggest, then it probably is in extremely good shape, if the engine and trans are original and all of the pieces are there. then its definitely worth at least 3000.

why does it need a short block? is the engine blown up?
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post #5 of 12 (permalink) Old 02-05-2012
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Check the cars VIN also. If it is a limited edition model or has unusual options, that will increase its value. Or simply take some of the values mentioned previously so you won't have to pay Sis more and use the money to restore the car. Good luck!

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post #6 of 12 (permalink) Old 02-06-2012 Thread Starter
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Thanks for your comments

Thanks for your comments regarding the value of the mustang.

I don't think there is any rust but I'll have my husband check.
Not sure why the short block was replaced. I'm possitive my dad would'nt have changed it unless it was needed. He thinks the car is between fair and poor condition. I learned to drive on this car and I can't wait to see if it still runs.
I'll put air in the tires, change/charge the battery, change/check the fluids. Should I do anything else before trying to start it up?
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post #7 of 12 (permalink) Old 02-08-2012
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If it hasn't been started since Reagan was in the White House, it's probably going to need some work before it runs. It all depends on how it was stored. Is there 20 year old gas in the carb? If so, it's likely turned to varnish and the carb will need rebuilding. The points should be replaced and new plugs installed. While the plugs are out, squirt some marvel mystery oil in and try to turn the engine by hand. If you can freely turn the cam, that's a good sign. Antifreeze and oil will need to be drained and re-filled, You'll also need to drain the gas tank. Install a new oil filter. Disconnect the coil and let the starter turn the motor over for several 10 second bursts. That should prime the oil pump. Then re-connect the coil and try turning it over. I"m sure others will fill in the stuff I've forgotten. Good luck!
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post #8 of 12 (permalink) Old 02-08-2012
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well, first off i think you have a 65......and those guys are way too cheap. I would give you 5k if i wanted a nice unmolested, not rotted out 289 auto coupe with a pony interior. Give sis 2500 for it-mom always liked you best anyways, (kidding) and plan to spend 5-12 "restoring'' it. I'm thinking your dad put a short block in it, or it needs a short block? You can spend more fixing it up than what you could sell it for, but its like a kodak moment-priceless... when it has history with you and your mom. Proceed carefully, have a fire extinguisher handy. Is your husband mechanically inclined and on board with the project? I have a picture in my head of you and hubby cruzin down the highway-new paint,tires,interior,stereo, with the Beach Boys blastin away!!!!!!Over here in Maryland they are calling for an inch of snow/sleet. The salt trucks are out spreading thier poison......great car with great potential

some assembly required
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post #9 of 12 (permalink) Old 02-09-2012
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That 1965 mustang is worth $3000-3500 because it looks to have no rust, if it had rust I would say $2000. In California you can buy mustangs cheaper with no rust compared to eastern parts of U.S, example, in New York that might be a $5500 car.
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Your smart to save yourself from the rath....caused by NOT posting pictures

So... nice little 65!!First MOVE THAT JACK!!! , so Dad like the 66 dash better? Me too but too many things says its a 65 ....It COULD be late production which would account for the 66 instrument gauges.

But to the point...FANTASTIC project. My suggestion is 3,000 average is fair...lower ...and that's a great deal...higher... your being nice to sis which is not a bad thing. You can drive and restore that car and have a good time. Check the brakes out before you do anything.I would drain the fluid and replace. Slowly bring those back up because those drum brakes have been sitting a long time and the seals will blow if you are frisky on the brakes immediately.


"After all ......looks ARE important"

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bout to go through reconditioning!!! yea!
1971 Mach I: SOLD!!! now the proud owner of a 68 Sport Satellite
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Ok, so the consensus is i'm a little high for cali cars. What does your family think is a fair prIce to give sis. I would love to go out there with a semi and drag back some of those basically rust free cars. I think pony interior cars came with the "66" dash pod. So what are you going to do? Did your dad put a short block in it, or it needs one? I have the same car in the garage awaiting a restoration for my wife-a 66 coupe in springtime yellow with a white pony int.- a 289,auto, p/s car,no air' built in jersey. It needs all the usual east coast metal work-1/4s, wheel houses, floor, doors, cowl,.etc rust rust and more rust. Your car looks oh so fine and i like the emberglow paint. Keep us posted

some assembly required
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That looks to be Prairie Bronze. Emberglow is a medium maroon. My car is a '66 San Jose coupe that was Sauterne Gold. It lived in Cali until 2002, and there was no rust on the car. (You can still see the factory teracotta primer underneath) The engine and tranny were rebuilt before it left California, and the interior was decent. The body had a few shoddy collision repairs, so it got a new quarter skin and left front fender. I paid $5,000 for mine in 2007. I also got an am/fm radio that is newer that fits into the stock dash opening, a set of GT styled wheels, new window felts, new glove box liner, the California plates, new door sills and new bumper bolts.
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