Car Value Question

[skinner36]

Hi,

Sorry if this is the wrong place to post this question, if it is can the mods let me know where it is supposed to go?

I am developing arthritis in my shoulders which is making it too difficult to drive and work on my 65 FB anymore, so I have decided to reluctantly put it up for sale soon. I figure that a bit of extra money would be better in my retirement account than just letting the car gather dust in the garage.

I don’t know what their true value is these days so I thought that I would ask the members here what you think would be a reasonable price to ask when the time comes in a few months. I was thinking around the 70K mark, how does that sound?

The reason I say a few months is that because I would like to get a good price for it there are still a few things that I want to do before I do finally put it up for sale.
I have included a couple of pictures of the car but let me know if you want others to get an idea of what it is like.

PS. Please ignore the rubbish in the picture as we are having a cleanout. My wife already read me the riot act about taking the car pictures there hahaha

Thanks for any input,

John


Edit: The oil drips and stains on the floor in the front picture are from my wife's Subaru.

[AussiePhil]

Hey John,
“IN MY OPINION”
Prices are rocketing upwards for 65 66 Fastbacks.
35-40K for doer uppers!
I love them and she is a beauty!
I’d say you’d get more than 70K.
Hang on as long as you can. It will only appreciate faster than super investment?
In the meantime if I win lotto I’ll buy it!
Cheers Phil.
Seriously John, I can’t express how beautiful your car is.
I think 100K no problem, I might be mad but that’s what I’d be asking.

[scollist]

I agree with Phil.  Prices are right up there. If it is a true A code GT then $100K+ (as long as no hidden rust).  If it is a K code GT (less likely given it is auto) then much higher depending on authenticity of components (engine, gearbox etc.).

[skinner36]

Thanks for the input guys,

I will put together some specs and what I have done to it over the years to give you a better idea

[skinner36]

@AussiePhil. A good point that you make about keeping it tucked in the shed but it is time. Once the mind is made up if you know what I mean.

These are some specs of the car and the major things that I can think of off the top of my head I have done to it. I will start off with what it is NOT

What it is not
* It is not a factory GT
* It does not have matching numbers.
* Engine is not standard but I can't tell you what has been done inside as I haven't taken it apart yet.

What it is
* 289 A code
* Manual Steering
* Absolutely no rust whatsoever
* Not driven in the wet (not dirty underneath from previous restoration in the US)

Major things that I have done
* New 3 inch exhaust
* New 1 inch front sway bar
* New steering components
* New lowered heavy duty front springs
* New front disk brakes, power booster and dual master cylinder
* Rebuilt distributor
* Rebuilt steering box
* Shelby drop

It needs a damn good clean as this week I got it out of the shed for the first time in 12 months




 

[AussiePhil]

Hey John,
I feel your pain, if it’s time it’s time, and probably a great time to see her go to a good enthusiastic buyer.
Prices are at a premium and getting a good one into Australia is getting expensive, that’s why the prices are a premium and especially for a Fastback, IMO, Ford made the first two years of the Fastback great and iconic and never made anything after that as good or as iconic.
I still stand by 100K as it is, I wasn’t taking into account matching numbers GT.
Great that it is a 289, and easy to add power steering, my 68 was without power steering and the difference when I added it was incredible.
If I had my time over again this would be the car I’d be interested in.
Hope you get your arthritis under control and sell to someone nice.
Cheers Phil.

[skinner36]

I thought about adding power steering but I wasn't able to track down all of the components, especially the power steering pump bracket.

[GEOFF289]

A black '65 or '66 with red interior is worth sheep stations John. A true connoisseur will appreciate that there is nothing better and you can name your own price. You'll be beating them off with sticks. You can refer the underbidders to me.

More seriously, don't take $70K for it. I think Shane's figure of $100K is entirely achievable.

And I'm sorry to hear you feel you can't enjoy it anymore. 

[skinner36]

Hi Geoff,

I am very surprised with the figures you guys are throwing around. I still love the car and as I said before I even plan to do some more bits and pieces to it before I sell it so that the next person gets something that they will be proud of too.

When I put it up for sale I won't be fussed if I don't sell it quickly so if a potential buyer gives me a funny look then I just won't sell it hahahah

[skinner36]

A couple of the things that I am looking for before I sell it are a reproduction or original jack and also the tyre lever. At the moment I am using the ones out of my daily drive. Any ideas where I could get them from. The ones that I have looked at don't look completely like the originals.

[GEOFF289]

The guy who runs National Mustangs has this fastback for sale, or rather half a fastback that needs bucket loads of work and has no drivetrain for $36K. No suggestion its anything but a C code, could even be a T code I guess. This gives you some perspective on pricing yours.

https://www.facebook.com/marketplace/item/510228651141432/?hoisted=false&ref=browse_tab&referral_code=marketplace_general&referral_story_type=general&tracking=%7B%22qid%22%3A%22-5028558908896888488%22%2C%22mf_story_key%22%3A%2236424325497928018%22%2C%22commerce_rank_obj%22%3A%22%7B%5C%22target_id%5C%22%3A36424325497928018%2C%5C%22target_type%5C%22%3A6%2C%5C%22primary_position%5C%22%3A0%2C%5C%22ranking_signature%5C%22%3A7804727489829273600%2C%5C%22commerce_channel%5C%22%3A501%2C%5C%22value%5C%22%3A0.0002202310620529%2C%5C%22upsell_type%5C%22%3A129%2C%5C%22candidate_retrieval_source_map%5C%22%3A%7B%5C%225875399725850340%5C%22%3A3045%2C%5C%225608862692542663%5C%22%3A3045%2C%5C%225575110449193248%5C%22%3A3045%2C%5C%225588097677905717%5C%22%3A3016%2C%5C%225792730104141709%5C%22%3A3016%2C%5C%225511624038886614%5C%22%3A3045%7D%2C%5C%22grouping_info%5C%22%3Anull%7D%22%2C%22lightning_feed_qid%22%3A%22-5028558908896888488%22%2C%22lightning_feed_ranking_signature%22%3A%227804727489829273600%22%2C%22ftmd_400706%22%3A%22111112l%22%7D

[russ68]

Hi John, I sold my 65 fastback in 3 days about 5 months ago. First to look bought it. I think I should have asked more. It was a black on black 4 speed with a modified 289 engine and a lot of replaced parts and rust repairs over the 10 years I had it. It was a head turner. I agree that $70 000 is way too low. You may have more demand in Victoria. But I would suggest $95 000 asking. Presentation is key - not so much what code, whether it's matching numbers or auto v manual. You can pm me for the sale price if you wish. Good luck with the sale.

[skinner36]

The guy who runs National Mustangs has this fastback for sale, or rather half a fastback that needs bucket loads of work and has no drivetrain for $36K. No suggestion its anything but a C code, could even be a T code I guess. This gives you some perspective on pricing yours.

https://www.facebook.com/marketplace/item/510228651141432/?hoisted=false&ref=browse_tab&referral_code=marketplace_general&referral_story_type=general&tracking=%7B%22qid%22%3A%22-5028558908896888488%22%2C%22mf_story_key%22%3A%2236424325497928018%22%2C%22commerce_rank_obj%22%3A%22%7B%5C%22target_id%5C%22%3A36424325497928018%2C%5C%22target_type%5C%22%3A6%2C%5C%22primary_position%5C%22%3A0%2C%5C%22ranking_signature%5C%22%3A7804727489829273600%2C%5C%22commerce_channel%5C%22%3A501%2C%5C%22value%5C%22%3A0.0002202310620529%2C%5C%22upsell_type%5C%22%3A129%2C%5C%22candidate_retrieval_source_map%5C%22%3A%7B%5C%225875399725850340%5C%22%3A3045%2C%5C%225608862692542663%5C%22%3A3045%2C%5C%225575110449193248%5C%22%3A3045%2C%5C%225588097677905717%5C%22%3A3016%2C%5C%225792730104141709%5C%22%3A3016%2C%5C%225511624038886614%5C%22%3A3045%7D%2C%5C%22grouping_info%5C%22%3Anull%7D%22%2C%22lightning_feed_qid%22%3A%22-5028558908896888488%22%2C%22lightning_feed_ranking_signature%22%3A%227804727489829273600%22%2C%22ftmd_400706%22%3A%22111112l%22%7D

Hi Geoff,

I must be one of the few people in the world that doesn't have a Facebook account. hahaha

[gbader]

Hi John, I sold my 65 fastback in 3 days about 5 months ago. F

Similar, sold one of mine around 12mths ago - was a bit different to yours (https://www.facebook.com/marketplace/item/1094497237953631), my 2c

 - Agree with a previous poster, presentation (nice and shiny, no leaks and clean inside)
 - Maybe look to take it back to normal rego (so an easy process for a buyer)
 - You could try Shannons (assume you are Vic), I have bought/sold of them and I think they are one of the more trusted auctions - not far from you and saves you the hassle
 - I got most of my leads via carsales (ended up selling to a guy in QLD but had interest nationally), but list on FB/GT if you can tolerate DHs
 - In terms of price, hard one - I know many say 100k, I reckon low to mid 80s (just going by whats on the market)

Good luck, nice loooking car

cheers

greg

[GEOFF289]

Hi Geoff,

I must be one of the few people in the world that doesn't have a Facebook account. hahaha

Well I can only applaud that. I hate FB and can't understand why people want to live their lives so publicly and why they think photos of themselves doing boring things will be fascinating to others. I do participate in a couple of groups on FB but you won't find any personal information or pics from me.

Fortunately the car I pointed you to is also on Lou's website.

https://nationalmustangs.com.au/collections/ford-tools/products/copy-of-1965-ford-mustang-convertible-coming-soon

[Clubman7]

Put it out there for 110k$ than drop it down.

[skinner36]

Put it out there for 110k$ than drop it down.

You don't think that it will just drive people away at that price?

[Clubman7]

Not looking at the pics of the car.

[AussiePhil]

You don't think that it will just drive people away at that price?

Hey John,
It’s a Black 65 Fastback with red interior.
That’s Gold! Nearly holy grail!
It hasn’t been converted to right hand drive.
If it’s not a 100K now it will be very soon.
Looking at the way these cars prices are going, the rarity it’s money in the bank, but not 3% bank interest.
It’s incredible at the time these cars are sold who would have thought.
Unfortunately I can’t do it at the moment.
Cheers Phil.

[skinner36]

Thanks everyone for the input. When I do sell it I will put a link in the car sselling section on this forum so that you can see how it goes.

Thanks,
John

[AussiePhil]

Hey John,
There were 10 Wild Violet GTHO Phase 3s built, 7 of which were coded with B trim, two recorded with W trim and one that remains unknown as to what colour trim it had.

Cheers Phil.

[skinner36]

Hey John,
There were 10 Wild Violet GTHO Phase 3s built, 7 of which were coded with B trim, two recorded with W trim and one that remains unknown as to what colour trim it had.

Cheers Phil.

Wild Violet!!!!!! I'm not sure that my mind can even get around what that would look like

[AussiePhil]

Hey John,
Absolutely beautiful, and I know there is still one Wild Violet with white interior existing and it’s priceless!
Rare combinations bring big money.
Cheers Phil.

[fredm666]

Hey John,
Like someone else said $90k-100k is a fair range to consider.
Now for sale you can find normal coupe at $60k-70k… they will get that amount? Probably not, but they are out there.

[fredm666]

I must be one of the few people in the world that doesn't have a Facebook account. hahaha

Two of us