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67 Mustang value

2.9K views 18 replies 12 participants last post by  bmcgc  
#1 ·
I am just throwing this out there. I know of a 67 Mustang coupe "S" code 390. The only thing is, the original motor and tranny is long gone. Don't have any photos yet.

The body/chassis is in good restorable condition with only minor rust in the regular areas, i.e., lower rear quarters, surface rust. There is no major chassis/frame rust. Just the typical surface rust.

It has Power disc brakes. But, isn't a GT.

What do you guys think it's worth? I am interested in buying it.

Any thoughts would be appreciated.

Rich
 
#5 ·
The seller will say somewhere around 10k.

I just don't get it.

Unless you are a serious collector or on the show circuit and show one of the top cars in class why should it matter what letter is stamped on the VIN?

It doesn't matter to me.
 
#7 ·
Why does a cars pedigree matter?

As I said serious collectors or top show cars, sure.

What about the other 99.9%, of which I am one of?

Its just a car and you cant take it with you.

My cars are drivers, I drive them anywhere, although I try and stay off dirt roads.
 
#13 ·
Its just a car and you cant take it with you.

My cars are drivers, I drive them anywhere, although I try and stay off dirt roads.
Curious argument. Though I drive my car all the time, it is NOT just a car". To conclude as much,you are effectively arguing that it is the equivalent of a transportation appliance, which it is not. If you really believe what you posted, why aren't you driving a Yugo or a Minivan?? After all, it's just a car..........................
 
#8 ·
Being a hardtop kills it worth. If it was a S code fastback, you would be looking at more. But project hardtop S codes just don't have a lot of value. Not a GT or GTX. You would have to put a lot of work into it and its final value would not be high. Now if it was fastback, worth at least 10-15k more.
 
#9 ·
well the way I see it is that if the car is worth X amount to a collector and somebody is looking to sell it then they can either wait for said collector to come by or accept your offer of Y. X would be the premium price and Y would be a lower price comparable to a c code. If pedigree didn't matter then a straight 6 coupe would be the same value as a big block coupe which would be the same value as a gt. I agree that the letter in the vin is important, less so if the original or equivalent drive line isn't there and even less if its just a roller.
 
#10 ·
Given the sketchy information currently available, I suggest you look at what a 390 coupe goes for all done and ready to drive/show/race or whatever it is you want it to be. Then subtract out the cost of everything that needs to be done to the car you are considering (including labor) to get it there and that is what it is worth as it sits.
 
#11 · (Edited)
This situation is not about "pedigree". It's not about show cars. It's not about collectors.

It's a simple fact that when it comes to classic American cars, with all other things being equal, original big block cars have more value than non big block cars.

When considering otherwise equal 67 Mustang coupes, the I6 car will have the lowest value because fewer people want these cars and they're easy to find. The 289/302 car will have more value because more people want these cars (availability is probably the same?). The 390 car will have more value still because a lot of people want an original 67, big block Mustang and they're somewhat hard to find; not that many made, less still around.

Thus, for a 67 coupe, it's supply and demand based on the original engine code. Sure, you can stuff most any engine into any Mustang. And most people don't care if a 67 coupe has the original block. But a lot of people do like the engine to match the engine code. That's just the way the market goes. People will pay more for an original big block Mustang because lots of people like big block Mustangs. Never mind that you can get as much or more power from a stroked small block. It's the cool factor. (Kinda how I like the 351 Cleveland. It's not the greatest engine ever made. But it is a great engine and I think it's cool!)

As for a reasonable price for this particular car, I can't say. But I would trust what Bartl suggests. :)
 
#14 ·
Ford Mustang GT | eBay If you want a rare S Code you may want to look at this one. (Not my car and I know nothing about it) I do know to take a car without a engine or trans and make a car out of it is a very long road. I have a 67 S code coupe and I love S codes.
That car is less than two hours from me. If only I could handle another project...

Someday, perhaps soon, people will stop focusing exclusively on the 69/70 fastbacks and realize the coupes are also great cars. Then cars like this 69 GT will be a LOT more expensive.
 
#15 ·
I am always amazed at what some people pay for stuff that needs so much time and money to get it anywhere near they usually want it to be. That car you are describing? I would take it off their hands for a couple hundred bucks, and resell it and go find something else. By the time you are done with it, you will have waaaay more in it than it's worth, and it will take forever to even get to that point. Go buy something already running and driving, in the end you'll save bank and be enjoying it sooner.

Take an episode of American Pickers I just saw for example (yeah I know, reality show and who knows how accurate it is) but they bought a 1970 Plymouth Roadrunner that has been sitting for 10 years with no carb, outside, rust bucket, for about $3500??? (can't remember exactly) and found some guy to pay $6500 for it? WTF was that guy who paid $6500 thinking? That car needs a new car, and he'll be so upside down I just don't get it.
 
#18 ·
Take an episode of American Pickers I just saw for example (yeah I know, reality show and who knows how accurate it is) but they bought a 1970 Plymouth Roadrunner that has been sitting for 10 years with no carb, outside, rust bucket, for about $3500??? (can't remember exactly) and found some guy to pay $6500 for it? WTF was that guy who paid $6500 thinking? That car needs a new car, and he'll be so upside down I just don't get it.
Hate to burst your bubble, but American Pickers is a complete TV fabrication. The "store" never existed before the show, they were never professional Pickers, just a couple of friends who pitched the idea for a show. The producers go out months in advanced, prearrange all the sales including the prices, even seed the sale site to make them more interesting. They don't even drive that truck and go "freestyle" or whatever they call it. The producers have found everything way ahead of time. The truck view are all pre canned. They are driven to the scena just like a TV set, and film for the day. It's still a fun show to watch, but everything including the prices are pure fabrication.
 
#16 ·
Way too much in my opinion. There was a nice one here in Ann Arbor area a few weeks ago. They come up often enough I can usually find one. That S code 69 GT I have seen and it is a good deal in my opinion. But lots of people look of Mach1 more. This one is still out there.
68 Mustang GT 390 4-speed coupe,roller from AZ
 
#17 ·
#19 ·
If you can build a GT350 clone for 1/5 of the cost of an actual GT350 and the only way to tell the difference is the VIN, why would the typical Mustang owner want an original?