Mustang Owners Club Australia Forum
Technical & General Discussion Area => Tech Torque Pre 1973 => Topic started by: skinner36 on December 21, 2022, 05:19:41 pm
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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.
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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. :omg:
I think 100K no problem, I might be mad but that’s what I’d be asking.
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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.).
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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
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@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
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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.
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I thought about adding power steering but I wasn't able to track down all of the components, especially the power steering pump bracket.
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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.
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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
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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.
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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
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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.
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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
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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
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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
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Put it out there for 110k$ than drop it down.
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Put it out there for 110k$ than drop it down.
You don't think that it will just drive people away at that price?
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Not looking at the pics of the car.
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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.
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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
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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.
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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
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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.
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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.
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I must be one of the few people in the world that doesn't have a Facebook account. hahaha
Two of us :lol:
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Hey all,
What are the chances, talking about wild violet GT have a look at this.
https://www.9news.com.au/national/unreil-car-collection-uncovered-in-man-cave-worth-over-10-million-goes-up-for-auction-by-lloyds-auctioneers/0b895352-20e4-42d6-8b80-fbb4cd65414d
Cheers Phil.
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Ahhh yep, now I know the car you are talking about. Boy they look good
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Hi there,
Yet another pricing question....
Are right hand drive Mustangs worth more than left hand drive?
John
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Hey John,
It’s like matching numbers, absolutely unadulterated.
A lot of your modifications to the a purest would be reversed.
But right hand drives done properly are a necessity to some people regarding proper vision and front seat passenger fear!
I’m now not sure that the Wide Violent XY GT I knew about was a GTHO.
Cheers Phil.
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My opinion is to list it in the US as well. With the dollar at ~68 cents, it being LHD and desirable, it might just go back home.
US sites will also give you an idea of their worth, but the car is worth what someone will pay for it. If you do not need to sell, stick a number on it and wait.
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My opinion is to list it in the US as well. With the dollar at ~68 cents, it being LHD and desirable, it might just go back home.
US sites will also give you an idea of their worth, but the car is worth what someone will pay for it. If you do not need to sell, stick a number on it and wait.
Hi Stephen,
I never even thought of that one. I don't need to sell it, and don't really want to but there is no point in it just gathering dust.
Thanks for the ideas
John
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Hi there,
Yet another pricing question....
Are right hand drive Mustangs worth more than left hand drive?
John
I don't think they are worth more.
Also that depends if the potential buyer prefers LHD or RHD. I personally prefer LHD (mine is) and would consider a RHD Mustang only if the car is perfect in all other aspects and conversion has been done by respectable mechanics.
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Hey all,
What are the chances, talking about wild violet GT have a look at this.
https://www.9news.com.au/national/unreil-car-collection-uncovered-in-man-cave-worth-over-10-million-goes-up-for-auction-by-lloyds-auctioneers/0b895352-20e4-42d6-8b80-fbb4cd65414d
Cheers Phil.
that is a pretty cool collection...
I would bid on a couple of cars, if I had the money :lol:
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that is a pretty cool collection...
I would bid on a couple of cars, if I had the money :lol:
High all,
I thought the Geoghegan Mustang was a clue but the Geoghegan Monaro brings up another name, but the black prefect brings up another, but this bloke wouldn’t? have as many Fords or would they!
I have no idea!
Cheers Phil.
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Hi everyone,
Anyone know what is involved in moving a car from club registration to the normal registration? Also, what is involved in selling a car that is on club plates?
Merry Christmas to all.
John
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Don't bother moving it to full registration unless you have a good reason to.
If the buyer is in Victoria and wants to put it on Club plates it provides no benefit.
There might be a benefit to an interstate buyer, but it would be a lot of effort to go to if not needed. You would need to get a roadworthy - not a big deal if the car is in good condition, but expect some pickiness from RWC testers. Especially around any oil leaks - bad news if you have to get that fixed, plus any looseness in suspension or steering (which is very very common) would be picked up I would think.
I'm not 100% sure, but you might also be required to pay Stamp Duty on registration. Definitely would be payable by a Victorian buyer once you sell if they want to keep the full registration. Stamp Duty on $100K is a lot of money (if is sold for greater than $100K the SD is $10.40 per $200 market value - so $5200 minimum!!!).
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To put it on full rego, presuming you mean in Victoria, it's effectively a new registration. You'll need a RWC, import papers and have to take it for inspection by Vicroads. As well as the actual rego/TAC charge you'll also have to pay an inspection fee and for the plates themselves.
If you sell it as is the Club Permit is not transferable and you're effectively selling an unregistered vehicle. You have to take the CP plates off and return them Vicroads. It is up to the new owner whether they want to put it on full rego or get a Club Permit themselves. They'll need a RWC for the former and with most clubs, including MOCA, will also need one for a CP. The major upside for the buyer is that they avoid the duty and transfer fee. If you only get your initial guess of $70K for it the duty in Victoria is $2,800. If you get $100K for it the buyer will be up for $4K in duty to transfer full rego. I think its more in some other states.
I really wouldn't bother putting it on full rego to sell. Selling these cars without full rego is kind of the norm. You don't know what the new owner wants to do or which State they'll be from. Up to you whether you offer a RWC to take some of the risk out of it for the buyer and make it more marketable but again you don't know which State it will be going to and whether a Vic RWC is worth anything.
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Again, terrific advise, guys.
I will leave it on club plates then but I will get a roadworthy. If the buyer is from another state it will give them a little peace of mid to the car's overall condition. Also it will tell me if there is anything that needs fixing.
Thanks,
John
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P.S. John - is this the car with the tri-carb setup? If so you can add several thousand just for that.
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P.S. John - is this the car with the tri-carb setup? If so you can add several thousand just for that.
No, single 4 barrel
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Hi everyone,
Since the beginning of January I have been monitoring 65 - 66 Mustangs on Carsales and I have noticed the following.
Currently, there are 21 Mustangs offered for sale.
15 fastbacks
2 coupes
2 convertibles
The fastbacks range in price from 78,000 - 115,000 and 2 have been withdrawn from sale in the past week.
The coupes range in price from 63,000 - 70.000
The convertibles are 89,990 - 92,000
About 5 of these cars have had a price drop while I have been monitoring them.
I haven't seen any 65-66 mustangs sold on the site this year.
I will keep following this but from what I am seeing, with interest rates the way they are, this might not be the best time to sell.
Cheers,
John
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Probably most are overpriced for the current economic climate.
There is some room to discount as I think they went up 30% in the last three years.