Originally Posted by MustangFaninVA
What would be a fair price for a 69/70 Mach 1 that is in excellent condition? Excellent meaning all origanial, no rust, but not so perfect it can't be driven. By fair I mean a price where niether buyer nor seller is getting ripped.
That depends on the engine and options. I’d say for a #3 car ( one that looks good from 3 feet away and you can enjoy and drive without feeling guilty) it will be $15-$25 K. The better the condition, the higher the price. A big-block 428 will run you an extra $10 to$ 20 K more and up. I saw an absolutely perfect #1 restored 351-4V automatic car at Carlisle last year for $43K. Even the underside was clean enough to eat off of, not even a speck of rust on the exhaust system.
If you want the perfect #1 car that looks brand new right down to the plastic on the seats, then expect to pay up to $50,000 or more for a 428 SCJ with 4-speed. If you want a nice 351-powered Mach 1 that you could enjoy occasionally driving and still have little things that need to be fixed/replaced, then expect to pay in the $15 to $25K range.
There are many out there listed on the net if you do the searches. Don’t be in a hurry and try to look at the car in person if at all possible. I made two trips to look at mine about 200 miles away. I went the latter route and picked one that needed no body or engine work. I enjoy driving mine several times a month to shows/club meetings/auto events while I continue to pour over Classic Mustang catalogs to replace those small items to make it perfect.. It will never be a #1 car because I enjoy driving it a couple thousand miles a year, not pushing into or on a trailer. The looks, stares, smiles, and questions I get are priceless.