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Value of 66 Fastback project?

2.6K views 22 replies 13 participants last post by  ryansoxfan  
#1 ·
I'm going to be selling my 66 fastback project car. I'm not sure how much to ask for it. It is a c-code/4 speed car. There is NO motor but I do have the original 4 speed. The entire body has been stripped and sandblasted. New floor pans and quarter patches have been put in. There were no other major rust issues. Car has all the original parts: seats, glass, bumpers, etc. but they are all in boxes. Can someone help me with a price for this or point me in the right direction?? Thanks!
 
#2 ·
thats a hard decision to make without being able to see the car and the condition of all the parts. If you can get some pictures up it will be much easier for everyone to give you a better idea. hey you might even find a buyer!
 
#4 ·
Selling a project depends a lot on condition but also location and things like is it a rolling shell or a basket case.

In effect you are selling a fastback shell. Condition and "minor" details like is there a title and are VIN stampings there in one ot more places (the door tag is not VIN it's warrenty number).

You need to find someone who actively wants a bare fastback to start his or her project, maybe a custom/modified.

Years ago I had a one owner (me being the second) 100% rust free 37 Ford coupe almost perfect interior and 90% of original Ford baked on shiny black paint with original pinstriping. I was doing a frame off mechanical resto. Original numbers matching engine was rebuilt to the last bushing and balanced with the clutch and flywheel by a speed shop. Family circumstances time, space, mony and time...by the way no pressure from wife...in fact she questioned the decision...she like old Herby!

I ran into a local guy who had money and was into building custom Early Ford Coupes. These want all steel original body, fenders etc. for starter of their project. He paid me half the completed value for my baby. Came over with his closed trailer and three helpers packed up the trailer in a couple hours and they were off!

That's getting lucky. I could have spent months parting out that car. The most unusual thing, the rust free coupe body might be still sitting here!

Don't mean to sound discouraging. It's difficult to even guess the value of a froject. Depends a lot on location and luck.

Slim
 
#6 ·
Does it have title and matching VIN on fender aprons?
 
#9 ·
IF the rest of it looks like what's in the picture (which appears to be the beginnings of a GT350 clone} with the hole in the QP and the air extractor "guts" removed, and assuming that the "green stuff" at the top of the A pillar is not covering up a scab job AND the roof is not full of dents AND it's complete except the motor/trans I'd put the value around $1,500-2,000 where it sits.
 
#15 ·
that's way low. In cali I can't touch anything that needs anything less than 100% restoration if it's a fastback for anything less than 6-8k. If you just hang some of your body parts and turn it into a nice looking roller, I'd start at 8k, and be prepared to go down a couple....if you don't hang anything, try 6k as is.
 
#10 · (Edited)
if you want to get top dollar for it you will need to be aggressive with your presentation. Tucked in the corner of a shed , covered up with stuff, doesn't tell much.. how about like this, I have for your inspection a 66 FB in excellent condition, all minor rust issues have been professionally repaired. the title is in hand and the vin numbers stamped on the body match the title, it is equipped with a factory 9" rear with trac-loc , which I believe to be original to the vehicle, the interior is complete but needs restoring..All the original parts are present in outstanding restorable condition. The vehicle is a rolling chassis and all parts are labled and boxed, the tinted glass is all present in excellent shape as is the chrome trim pieces. Don't let this classic mustang project pass you by.. Now as to the value when you take a bunch of pics of everything, and show that it really is a great vehicle to buy you might get 5+ or more from the right person, or a lot less, it all depends on what is there and the condition, if it doesn't need quarters or any sheetmetal work, has good doors, fenders etc it will be worth more, the lack of an engine is the easiest part to overcome, if the original shifter for the trans ia avail that is another plus. If it was together, not restored, but together you might get more. At the present time the economy is a bit flat, but look what a new mustang body costs. FB's are hot and you might think about the least you will take for it, put it on a sale site like ebay with that price as a reserve, and let the bidders decide, Heck at BJ this weekend they sold a 1963 VW bus for 198K anything is possible!
 
#12 ·
Project cars , even Mustangs are sometimes very hard to sell unless your willing to take a licking on the price .
I,ve bought a few mustang projects over the years but prefer them running or drivable if possible .
Unless its a stang that has value ( Boss . Mach 1, Shelby etc) just because they are more rare or desirable there hard to sell in boxes .
If the body is as clean as you say you shouldnt have as much trouble selling it .
Being a 4 speed car helps .
From what I see in my area a rough guesstimate would be $2,000 or so .
 
#13 ·
I'm not trying to be hard on some of you guys, but sometimes you guys have some LOW prices for fastbacks? I buy one or two a year that I find for good prices and sell for a profit, but none of them have ever been under $3,500 if they are without rust? Maybe I am missing something?
 
#16 ·
Well, it sounds like a nice starter. But it doesn't help that its in NE. My family lives in NE and I graduated college a few years back from University of Nebraska.
The economy is very different up there from most areas. I mean the average college graduate makes between $28-32K. So, all due respect, I don't think a Cali comparison is really going to do anyone justice as it just wont resonate in a local sale.
I don't know if this will be a help or hindrance in selling but there isn't an overly large classic car community in the area (probably due to the weather/salt on roads/rust). That's not to say there isn't one at all. There are several Mustang clubs (might want to contact them to see if anyone they is looking for a new project, link below to one I found on a quick google search) and every now and then you see a nice classic.
Are you at least located in Omaha or Lincoln? They have a larger population base to draw from. If not, you'd probably be best opening it up to a global market (ie Ebay) and hope that someone is willing to transport it after sale for you.
Just my thoughts. If you do decide on a local sale, let me know how much you'd want for it. I keep my eyes open for projects not requiring body work. One of these days I might actually learn to weld.

Mustang Car Club of Omaha
 
#21 ·
Ok guys thanks for all the input. I realize I need to get it out of the shed. I will do that as soon as possible and take a complete inventory of the parts and some more photos. So it seems the value might be somewhere within 2-6k? That sounds fair enough. Btw, the car is in Lincoln, NE. Thanks for all the help!
 
#22 ·
Mountain Dew is the young to reasonably young of this nation's #3 addiction, right behind cough syrup and XBox 360. Scary stuff.

I would tend to agree with the above poster. I can't say for certain, but the market probably wont yield nearly as much if limited to Nebraska. It would be more convenient, but if your goal is top dollar you are most likely better off opening this thing up to the Cali buyers and everyone else.
 
#23 ·
I hear you. I would sell it to anyone that wants to come pick it up! And also, to the poster that noticed the quarter panels, yes it was intended to be a GT350R clone. The previous owner cut the holes in the quarters and modified the quarter windows. The car does come with the Shelby windows and the side scoops/brake ducts. It also has the original louvers and brackets but I believe the brackets would need to be welded back in to mount them. It also comes with a 350R fiberglass (bumperless) front valance, as well as the original valance/bumper.