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Parts Car Value Questions

2.1K views 18 replies 10 participants last post by  CNTLOSE65  
#1 · (Edited)
So, I am new to vintage Mustangs as all my experience has been with Fox Body or newer. I have 1965 I6 C4 with the V8 front spindle change to accommodate disk brakes. I am up in the air with keeping it I6 or converting to a V8. I found a 1966 V8 locally but it is half apart and needs full restoration. I am looking at buying it more for a parts car then sell what is left. The seller originally wanted $3200 and is now down to $2600. The wheels are all locked and the valve covers and intake have been left off, so I am sure a full rebuild is in order. It is a manual shift car as well but unknown how long it has been sitting. I have attached a couple pics and would like some opinions on what you think the value might be. It would only be a parts car for me to swap all the V8 items over and a couple other odds and ends, so the shell on I6 suspension/axle would be sold off when I am done.

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#2 ·
I'm looking at this wondering what you would need besides maybe the rear axle and a few steering components.

Selling your 6 cylinder components sounds like a great idea until you realize, very very few want them.

He's got it priced reasonably, but not as a parts car.
 
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#5 ·
I'm looking at this wondering what you would need besides maybe the rear axle and a few steering components.

Selling your 6 cylinder components sounds like a great idea until you realize, very very few want them.

He's got it priced reasonably, but not as a parts car.
Not much really, the motor, trans, manual pedals, axle, and then some trim pieces here and there.

The I6 pieces are only to get the left over shell rolling. Thank you for you input!
 
#3 ·
Rollers usually go from 500 to 1000 in my neck of the woods as while they have more value apart, it's going to take some labor to separate and sell it all. Or, you may have a good candidate for that total resto depending on how solid the bones, roof, cowl and quarters are. 1500 to 2500 maybe if they are.
 
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#4 ·
Having bought a couple parts cars, I can say they are extremely handy to have...Little odds and ends are where the real value is, but a complete V8 car would be very nice, and if I were in the midst of a restoration, I wouldn't hesitate to spend $2K on one. Just price V8 front spindles on ebay, and you'll see how quickly things can add up. Even pulleys and brackets from the engine compartment can be hundreds of dollars purchased separately. If that has a 4 speed, even better. What is the condition of the door shells on that car? To me, those are worth their weight in gold, since no reproduction doors are all that great. Still, you need a place to store it, and hauling one of those home can be a project in itself. Still, I don't think you'd regret it...obviously, you'd want to negotiate as low a price as you can, since the final value of your car is only so high...don't want to get in over your head on another disabled car.
 
#6 ·
All good points. I have a place I can store it, but it would be outside in grass. (In-laws have a farm.) My goal would really be to have it towed to my house, strip everything I know I need, and then sell what is left as a rolling shell. But you're right, checking some of the other panels over it might be worth parting out. Thanks for the input!
 
#7 ·
Just be VERY careful and use a lot of caution and wisdom. If you have never parted out a car, the best way to make $1500 on a parts car is to buy one for $2500.

6 months later, you have put in a ton of work and lost $1000.

I have parted a lot of Mustangs, and the most I have ever paid for a car to be parted out is $800. with 2 exceptions.

Both were restored cars. One for $1500, a gorgeous restored 66 coupe, slid backwards into a pole, and a 65 fastback, triple black, loaded for bear, GT, 4 speed, etc. T boned for $2K.

A 6 cyl type shell, rolling, is not worth much more than 8 cents a pound.
 
#9 ·
Just be VERY careful and use a lot of caution and wisdom. If you have never parted out a car, the best way to make $1500 on a parts car is to buy one for $2500.

6 months later, you have put in a ton of work and lost $1000.

I have parted a lot of Mustangs, and the most I have ever paid for a car to be parted out is $800. with 2 exceptions.

Both were restored cars. One for $1500, a gorgeous restored 66 coupe, slid backwards into a pole, and a 65 fastback, triple black, loaded for bear, GT, 4 speed, etc. T boned for $2K.

A 6 cyl type shell, rolling, is not worth much more than 8 cents a pound.
Thank you for the reply. I have parted out a few cars here and there. That is why I was thinking at $1500 I get everything I need and even if I do just get scrap value on the shell I should break even.
He’s been sitting on it for awhile and I already reached out to him to let him know I’m interested, but at a much cheaper price.
 
#8 ·
I don’t know where you’re located, but for context, I’ve bought two 65-66 v8 coupes (in similar disassembled condition, but pretty much complete) in the last 2 years for $1,000 & $1,500 respectively. Neither are so far gone that I would consider them parts cars. So that one seems a bit overpriced to me.
 
#10 ·
I wonder how much better your I6 car really is? Great body, rust or good paint and nice interior?
Smart comparison might be to rebuild the engine and fix the car thats apart, I see new floor pans, then put your I6 interior and other prettier parts, panels and doodads into it.
 
#15 ·
It is a southern California car with no rust other than little surface areas here and there. I didn't care so much that it was not a V8 because it was so solid. Mechanical work I can do, body work not so much.
 
#16 ·
I was thinking the same. Looking on eBay and Marketplace those transmissions are listed anywhere between $650 and $1600. So when you add the rest of the running gear it seems $1500 would be reasonable.