How to price my mustang??

[perryseth]

Based on the list and picture of all the parts, I think even if everything you have picture were assembled, that would still be a $12k car on a very good day. All blown apart and in boxes like that, its worth less.

It sounds like you have a bunch of money in the motor. But even if you had $8k in the motor alone, that generally wont raise the value of the car except to a very very small number of buyers. For the purposes of valuing a car, in general, a V8 motor is a V8 motor. Similar with any other custom parts like wheels and tires. When they are being sold on a complete car, custom parts dont really add to it. If you feel like that motor is worth a lot, then sell it separately.

The condition of the sheet metal and the paint and body are the big factor in valuing this car.

G-pune - The more I read...the more I'm realizing how I may want to pump the brakes and continue to grind through reinstalling the interior. Yes, tons of $ into the motor and I was figuring maybe for that special someone it would be worth it. What is interesting is to look at my car through the lens of someone looking to buy their first and it is a bit of a turn off seeing it as you said ...blown apart. You have great feedback, thank you much!

 

[69 Rustang]

Totally agree with the responses of how difficult FB and EBay are now. Craigslist I don’t even bother with. FB is really not any better. eBay screws the crap out of you with fees. On FB Mktplc, I had a set of FREE, yes, $0 rims and tires for a 94-95 Mustang GT I was trying to get rid of—I had 10 responses within 2 hours; then schedule, no show, schedule, no show…. Also there were the “is this still available:” messages where you reply yes, and they ghost you. I truly hate selling stuff today where I actually used to find it fun. I may just buy a dumpster and let the dirtbags sort it out from there.

 

[perryseth]

Totally agree with the responses of how difficult FB and EBay are now. Craigslist I don’t even bother with. FB is really not any better. eBay screws the crap out of you with fees. On FB Mktplc, I had a set of FREE, yes, $0 rims and tires for a 94-95 Mustang GT I was trying to get rid of—I had 10 responses within 2 hours; then schedule, no show, schedule, no show…. Also there were the “is this still available:” messages where you reply yes, and they ghost you. I truly hate selling stuff today where I actually used to find it fun. I may just buy a dumpster and let the dirtbags sort it out from there.

I'm literally on EBAY as we speak trying to list this car...and it keeps glitching back and forth. If I add to the item details, it automatically erases my payment terms...or switches back to saying I want the escrow.com payment when the box is not selected. Been messing with just trying to post for over an hour. I'm pretty salty...but going to give it a go. I feel good about my price - it may take awhile to move it but I'm sure I'll find a buyer in weeks/months to come. In spite of my thoughts earlier today...my wife talked me into sticking with the plan and just selling it as-is without putting any more time into it. This thread has really helped a lot...

 

[giantpune]

Totally agree with the responses of how difficult FB and EBay are now. Craigslist I don’t even bother with. FB is really not any better. eBay screws the crap out of you with fees. On FB Mktplc, I had a set of FREE, yes, $0 rims and tires for a 94-95 Mustang GT I was trying to get rid of—I had 10 responses within 2 hours; then schedule, no show, schedule, no show…. Also there were the “is this still available:” messages where you reply yes, and they ghost you. I truly hate selling stuff today where I actually used to find it fun. I may just buy a dumpster and let the dirtbags sort it out from there.

Lol. I had a set of 95GT rims I sold last year. They are basically worth scrap metal price. Thats what I ended up selling mine for. Some guy got them and will sit on them till the price of aluminum goes back up and then he'll scrap them.

Part of your problem may be that you listed them for free. There's a certain type of person you attract with "free". Put a price on them and suddenly those folks quit bothering you. Hell, I've had old furniture that you could sit by the road and nobody would take it. But you take a couple pictures of it and put on FB marketplace for $30 and suddenly you attract an entirely different group of people. Now you got the ones who have money to spend and are looking for a deal.

I've had very good luck buying and selling cars on the FB marketplace. I used to do craigslist, but they got overrun by dealerships and craig started charging you to list cars. Everybody moved to marketplace. I've bought and sold probably 20-25 cars on there for myself and for family members. Sure, there are some parts about it that suck, like the people who ask you questions you already answered in the ads or the ones who ask "is this available" and then ghost you. But overall, its worth putting up with the headache.

Something else @perryseth may consider is joining some private groups. There are specific "71-73 mustang" and "only fastback mustangs for sale" groups on there. Those, too, can have their own set of little cons. They have their own admins with their own rules which seem really arbitrary sometimes. The tradeoff is you are getting your listing out there directly to people interested in buying what you're selling.

 

[Kilgon]

Put it on ebay with a minimum reserve. If it doesn't reach that price than you have the option to accept the highest bid or pull the add and relist it later. After seeing all the pictures and getting a little more info I would still say you are probably looking in the 8k - 10K range. You need to remember your buyer's group is going to be smaller due to the fact that only those with rebuilding /restro knowledge will probably be interested in it. With that being said, they will have a better idea of what it will truly cost to restore it and that will hinder you in getting top dollar. Once again, just my opinion. Good luck on your end.

 

[perryseth]

Put it on ebay with a minimum reserve. If it doesn't reach that price than you have the option to accept the highest bid or pull the add and relist it later. After seeing all the pictures and getting a little more info I would still say you are probably looking in the 8k - 10K range. You need to remember your buyer's group is going to be smaller due to the fact that only those with rebuilding /restro knowledge will probably be interested in it. With that being said, they will have a better idea of what it will truly cost to restore it and that will hinder you in getting top dollar. Once again, just my opinion. Good luck on your end.

Thank you for the feeback!

 

[perryseth]

Lol. I had a set of 95GT rims I sold last year. They are basically worth scrap metal price. Thats what I ended up selling mine for. Some guy got them and will sit on them till the price of aluminum goes back up and then he'll scrap them.

Part of your problem may be that you listed them for free. There's a certain type of person you attract with "free". Put a price on them and suddenly those folks quit bothering you. Hell, I've had old furniture that you could sit by the road and nobody would take it. But you take a couple pictures of it and put on FB marketplace for $30 and suddenly you attract an entirely different group of people. Now you got the ones who have money to spend and are looking for a deal.

I've had very good luck buying and selling cars on the FB marketplace. I used to do craigslist, but they got overrun by dealerships and craig started charging you to list cars. Everybody moved to marketplace. I've bought and sold probably 20-25 cars on there for myself and for family members. Sure, there are some parts about it that suck, like the people who ask you questions you already answered in the ads or the ones who ask "is this available" and then ghost you. But overall, its worth putting up with the headache.

Something else @perryseth may consider is joining some private groups. There are specific "71-73 mustang" and "only fastback mustangs for sale" groups on there. Those, too, can have their own set of little cons. They have their own admins with their own rules which seem really arbitrary sometimes. The tradeoff is you are getting your listing out there directly to people interested in buying what you're selling.

More good advice...I don't have FB but my wife has used it before...I will investigate, Thank you!

 

[mrgmhale]

I am very sorry you have to leave the completion of this nice Mustang to someone else But, I get it. I left the pony car scene in 1976, when "life happened" (married, kids, mortgage, work arse off, etc), selling a prized 1969 Mach 1 I had built up into a very nicely performing pony car. I hated to sell it, but my new reality dictated something had to change, and it was that vehicle.

I ended up waiting until mid-2018 before i got back into it with the purchase of a 1969 Shelby GT500 in near-perfect condition. I soon after ended up getting two 1973 Mustangs, a 2020 Shelby GT500, and a 1997 Honda Del Sol SI. I'm back! heh heh.. I hope you also get a chance to get back into the world of pony cars once your situation allows you to do so. Meanwhile, some lucky bloke is going to end up with a really nice project car, already well on its way to being brought back to life. I like what you have done with it so far. If our corral were not completely full I would be making a move on it myself.

 

[perryseth]

I am very sorry you have to leave the completion of this nice Mustang to someone else But, I get it. I left the pony car scene in 1976, when "life happened" (married, kids, mortgage, work arse off, etc), selling a prized 1969 Mach 1 I had built up into a very nicely performing pony car. I hated to sell it, but my new reality dictated something had to change, and it was that vehicle.

I ended up waiting until mid-2018 before i got back into it with the purchase of a 1969 Shelby GT500 in near-perfect condition. I soon after ended up getting two 1973 Mustangs, a 2020 Shelby GT500, and a 1997 Honda Del Sol SI. I'm back! heh heh.. I hope you also get a chance to get back into the world of pony cars once your situation allows you to do so. Meanwhile, some lucky bloke is going to end up with a really nice project car, already well on its way to being brought back to life. I like what you have done with it so far. If our corral were not completely full I would be making a move on it myself.

Thank you for the encouragement...and it sounds like you are BACK IN THE GAME in a big way! I do look forward to buying another 71 Mach I in the future...that one is my favorite.

 

[Stanglover]

Here's my thought on it.
IF you can only get 7K for it as has been suggested as a low price, in my shoes I might just consider getting a lone, or add that amount to any loan you might be considering to help out your family. That way you could keep the car for now while you get it back together, at least enough to get a far better price for it, then pay down the loan.
That might not be an option for you, but a thought anyway.

 

[perryseth]

Here's my thought on it.
IF you can only get 7K for it as has been suggested as a low price, in my shoes I might just consider getting a lone, or add that amount to any loan you might be considering to help out your family. That way you could keep the car for now while you get it back together, at least enough to get a far better price for it, then pay down the loan.
That might not be an option for you, but a thought anyway.

I here you...I'm thinking it will add several thousand to have the interior put in. I'm up against my wife now ... we aren't dying for the money but she says "you won't do it, and you don't have time." Then it would be a gamble to pay someone to put it in...we have the cash we could use to do this, but the return on investment is a gamble. Its interesting too...so many of the sales I'm seeing out there would (not just the asking price) in my mind justify taking no less than $14,000 for it as-is, but this thread is coming in a lot lower. Ohhhh the conundrum I'm in

 

[Stanglover]

I here you...I'm thinking it will add several thousand to have the interior put in. I'm up against my wife now ... we aren't dying for the money but she says "you won't do it, and you don't have time." Then it would be a gamble to pay someone to put it in...we have the cash we could use to do this, but the return on investment is a gamble. Its interesting too...so many of the sales I'm seeing out there would (not just the asking price) in my mind justify taking no less than $14,000 for it as-is, but this thread is coming in a lot lower. Ohhhh the conundrum I'm in

I hear you too. If you really don't have the time to do it, then throw it out there and see what happens. If you get crappy offers, you're not contracted to sell it, so you don't have too. Someone might just see the potential value in the car when it's done and make you a realistic offer. Throw mud at the wall and see if any sticks, is the old saying.
Good luck.

 

[Sheriff41]

When you do list it, either now or later, be sure to add it to this forum's classifieds section. Other Mustang and Ford forums' classifieds should be considered, also.

 

[perryseth]

When you do list it, either now or later, be sure to add it to this forum's classifieds section. Other Mustang and Ford forums' classifieds should be considered, also.

Absolutely!

 

[Ryunker]

Absolutely!

Please keep us updated with offers you get on this.

 

[midlife]

Maybe I missed it but "Bring a Trailer" (BAT) is another good place to try and sell what you have. That site has a good reputation for no bullsceiss.

 

[giantpune]

in my mind justify taking no less than $14,000 for it as-is, but this thread is coming in a lot lower.

I think you're a bit high there. I just pulled up the marketplace to see whats out there. $14k gets you a running, driving, and assembled mach 1. $20k gets you a fastback with a decent paint job still. Now looking at your car, its not really on par with this $14k one. And if a buyer got yours and invested another $6k, it would not look anywhere close to this yellow one. Yours is more like an expensive motor with a rough looking car wrapped around it.

Granted, these are east coast cars. Maybe things are different over on that side of the country. You do have to consider your local market and car prices. When you get estimates on this board, you are gonna hear opinions from all over the country.

 

[69 Rustang]

Part of your problem may be that you listed them for free.

I have posted stuff for sale and stuff for free, it doesn’t seem to matter, the result is the same. Tons of time wasters and people who reply “is this still available” then vaporize. If anyone has a dumpster they want to get rid of, i am interested. Just post it on facebook marketplace and I will message you to see if it is still available.

 

[72MustangSprint]

Interested in hearing updates on this sale. I will be pricing and selling my driver Sprint coupe this spring. Don’t think I could get $14 K for mine.

 

[perryseth]

I think you're a bit high there. I just pulled up the marketplace to see whats out there. $14k gets you a running, driving, and assembled mach 1. $20k gets you a fastback with a decent paint job still. Now looking at your car, its not really on par with this $14k one. And if a buyer got yours and invested another $6k, it would not look anywhere close to this yellow one. Yours is more like an expensive motor with a rough looking car wrapped around it.

Granted, these are east coast cars. Maybe things are different over on that side of the country. You do have to consider your local market and car prices. When you get estimates on this board, you are gonna hear opinions from all over the country.

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I see your point with these two FL examples- but I find when you dig a little deeper on the pictures and description, I’m much further along with interior, suspension, engine, trans rebuild. Again- because my interior is in pieces-I know it will turn off 80% of buyers. A buyer who excels in body prep will be a few weekends and a nice paint job away from matching the yellow- but dominating on all the other pieces of the vehicle with brand new parts. I’m also finding that after scouring FB marketplace, classic car.com, bringatrailer, Hemmings, and EBAY they are coming in way higher than these two data points. I like where I’m at with the price - just waiting to list a couple more days. Time is on my side as well- no rush or stress till I find the right buyer. You guys have been a lot of help- thank you again!