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Discussion Starter #1 (Edited)
First Time Buyer....May Have LOTS of Questions!!!!

I'm sure I'll have lots and lots of questions in the very near future if I do buy this car....but for now it's the question of if I should. My neighbor has a 1968 289 (bored 30 over apparently??) V8 that he is selling for $1000. It needs a cluster gauge and a rear tail-light panel as well as a few other minor stuff simply because it's been sitting for awhile. He recently put new tires and brakes on. Also, he replaced the carpet and it has new door panels and some seat repairs that just need to be finished. Anyways, apparently the guy got hit from the rear, hence the new tail-light panel. However, the real problem is that the quarter panels are in bad shape and I'm not sure about the trunk..... He tried to fix them, but he bondo-ed them and did a sort of not so good job. My boyfriend is pretty sure he can get the bondo off and fix it somehow.... I haven't really had a chance to look at it, and I'm not sure exactly how much it needs. Oh and it doesn't have ac, I don't think, which it would need because I live in Texas. Is it possible/how difficult/how much to get that done?

So here's my dilemma...I need a daily driver within the next couple of months, and I kind of wanted this car to be it. I've wanted a classic mustang since I before I could drive so it would be absolutely amazing if I could find one. And this one's blue! :) (Yes, that's me being a girl!) So what do you think? Is it worth it or should I move on? :shrug:

Note: The more I look at it, the more nervous I get.....so I don't really know about this, but would still appreciate advice or encouragement...if that's possible!

Also, if you do think it a good idea....what should I expect as I move from a 2002 VW GTI (btw this car is ridiculously expensive to maintain so I really doubt that any car could be MORE of a money pit) to a classic car in terms of daily driving expectations?


Thanks for the help!
 

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imo you are looking at a project car. too much stuff to fix-repair quickly to make a daily driver for now. improper repairs by previous owners are always more expensive to correct than if they were done right the first time. dunno where you got that '319V8' figure from. there was never any ford product that used that size engine. i would move on.
 

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Bjenee, do not want to burst your bubble, but a classsic Mustang is not exactly cheap to maintain either. Also, if you can get the VIN # for this car, please post it here. You said it has a 319 V8 motor? There is no such animal, but there is a 390 V8 which would make this Mustang an S Code if that's the original engine which would make it worth more. Is it a coupe or a fastback? Also, do yourself a favor and don't let your boyfriend or anyone else slap more Bondo on it to repair the damage, have it done the right way by getting the quarter panels repaired or replaced.

Some pictures would help us to help you as well.

Godd Luck!
 

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How much money do you have to spend to get this car to a daily driver condition? Take that money and buy one that is already a daily driver. You will get more bang for your buck. A restoration type car will take longer than two months to get to a condition to be a daily driver.

If it's a car you really want to drive someday, then pick it up and take your time making it right, or at least right enough for the a daily driver. Buy another car to use while you get this one ready.
 

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from those pics, it looks like it's gonna need both quarter panels replaced as well as that rear tailight panel and possibly the rear fram rails if they were damaged in the rear end crash. You have allot of work ahead of you or allot of $ to have a body shop do the work.

It is not worth more than a $1000 in that condition though. Check the vin # by the drivers side shock tower and see if there is an S in the vin #. That will tell you if it's a real S Code car or not.
 

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I guess when you did the pictures you changed the engine size. Everybody is giving you good advice. This car would be a lot of work for someone with experience. You need to find a car ready to drive.
 

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These cars can be daily drivers. You can make them much safer and more reliable then when they were new. They are simple to work for people that know they are doing. Seatbelt, suspension and brake upgrades are a must.. but can get expensive. However, I think your better off having a cheap / good gas mileage daily driver than an old V8 Mustang. If you decide to take on the mustang... take your time and have it as a 2nd car. Take your time fixing it up gradually...

As for cheap cars... I'm on my 4th Escort. ( 91-94 with the 1.9 ) 40mpg never paid more than $1,500 for them. I have bought my dad one and a friend that needed some help. You just can't beat them ! Maybe you would have the money for both then ?
 

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Don't get caught up in buying this one, you will regret it after you get some estimates of repairs. This car would be best for someone with lots of knowledge and tools. Take your thousand bucks and get a loan to buy one already finished. I've seen nice drivers out here in Calif. for around 5 to 6 thousand. If you buy a fixer upper you'll be out of a car while it's being worked on plus all the money invested. For the same or perhaps less money you could get a clean driver and not loose a penny on it if you sell later on. There are lots of folks on this site that would be willing to help you find the right one for you or may have one to sell. Jack
 

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I just looked at Craigs list Sacramento and the first older Mustang I saw is a 69 daily driver for $5,000. It's light blue with white interior. For a few more dollars you can have what you want ready to go. Jack
 

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Forget it. You're making a big mistake buying that. It will take the boyfriend many months to fix that body, (if he finishes it at all!!). Then you have to rely on him to make it safe and reliable too?? (Not to mention all the expensive parts you'll need to buy). Even if you get it finished, with that v8, it's going to suck gas like you wouldn't believe.
The old v8s never got good gas mileage, and the pundents say gas will be $4/gallon by summer.

Buy a much newer (1990s or newer), reliable used car like a small or mid-size Toyota, Honda or Ford. It will have air bags and other safety features that these old cars don't have. Look at Consumer Reports used car buying guide, it has reliability statistics for used cars.
 
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