Price Guide

[Canuck CSter]

I agree 75 % .....with nfrntau Sorry can't help but short us..

Just kidding 100 % , we are the ones with theses cars, The premium is ours to have...

Price Guide needs credibility tho, not just us pumping the price ( as much as shelby has done ) ...

If the outside world is to respect theses numbers we should corilate them with past sale prices or something of that matter, maybe paul or bob has some ideas..

 

[Canuck CSter]

OK, I will start............

My 390 CS is worth $60k. If anyone reading this wants it for that I will sell.


Anyone wanting the S code in a 4 sp, I'll take what he's ( Jason )asking in Can funds. Maybe..

DR in Ottawa

 

[rvrtrash]

Just a caveat here. NADA seems to be high on most everything. Compare a 2000 vehicle on NADA with Kelley Blue Book and you'll see a difference of a couple thousand dollars. I'm not saying our cars aren't worth what NADA says. I think they're WORTH more, but if you compare actual sales (not counting the recent bump) to what it is worth according to NADA there is a sizeable difference. If we want to update the price guide, it should be with actual sales. For the record, I'm in my CS $25K and wouldn't sell it for $35K, no matter what some price guide says it's worth.
Steve

 

[Mustanglvr]

As for NADA that's a good base area to start with but, I would knock out the incorrect engine sizes and HP ratings they show and go with what Ford actually rated the cars at. Sure they were in most cases under rated but, again that's were the insurance folks came in to play. List only the engines that were available - "C" code, "J" Code, "X" Code, "S" Code and "R" Code. At least that way we are being realistic. As for the Automatic option, most classics today with an automatic you loose a little. It's not like it was when these cars were sold. You paid more for the Auto.

Jason; I like your $60,000 price tag. I know even if I were inclined to sell mine I wouldn't take anyless than $50,000 and with what I've got in the car that is probably low. Once I'm done with the 428CJ and it's in the car the price goes up from there. That way I keep window shoppers at bay.

Don

:smile: I don`t mean to nitpick but, Don I can`t believe you forgot to mention the T code! I know you have to deduct money from the price of a car if its a 6 cylinder, but thats no reason to forget it!


:wink: I`m just giving you sh*t. Its one of those days.:grin:

 

[68gt390]

Thanks Rhonda;
I did forget the "T" code. Is that what they call sleeping at the keyboard?


Don

 

[Mustanglvr]

Could be,LOL.

I only caught that cuz I own one. There are`nt too many of us out there with a GT/CS T code.

 

[p51]

Increase in real value of '68 stangs

I spent some time looking at the NADA values for various versions of the 1968 mustang - coupe, covertible, fastback, GT/CS, Shelby convertible, Shelby fastback - just to see how much, according to NADA prices, they have increased in *real* value. The attached .pdf file has the info. The first column is the MSRP in '68 (from NADA), second column is the inflation adjusted MSRP in 2006, the last column is a measure of the increase in real value from 1968 to 2006. The way I got that was to take the NADA_high_value and divide by the 2006_inflation_adjusted_MSRP - the idea being that both represent "off the showroom cars". Note, I did this fast - could be mistakes in transcribing NADA data or math...

Sorry that the table isnt directly in this thread but I couldnt figure out how to include it without the table losing all of its formating.... :frust:

 

[davidathans]

How much is my GTCS worth? I know its not worth as much because its not original, but how many 400hp gtcs's are out there that can run 12.75?
Mine has complete Baer brake kits on the front and rear, a Ford 9" rear end, A racing C4 with 26 spline input shaft with 3500stall Continental Converter, and a 347 stroker motor, 17" Chrome wheels with 245s and 275s, Full Audio system (about $2k)...Add a Lecarra steering wheel with the Rare Swing Away option that still works!
Here are my questions...
What would the car be worth if the body and paint were perfect with everything i have listed above?
What do you all think the car is worth in the shape it is in now...which basically means it needs to have the body and paint completely redone from the ground up.
I'd just like to hear some opinions, i really dont want to sell the car, but if someone shows up at my door with $25K in a briefcase would you sell? would you hold out for $50k? $40k $35k $30k...

 

[390cs68rcode]

David

The only way to know is to have real sales of cars like yours. Not many are modified like yours and even less have been sold recently. I would be curious to know what the market (not BJ) would pay for something like your car.

 

[joedls]

David,

Since there really aren't any comps to look at, it would be hard for as disinterested party to place a value on your car. It is worth that magical # where you are willing to part with it and a buyer is willing part with the money.

I know, I know, I'm no help.

 

[p51]

How much is my GTCS worth? I know its not worth as much because its not original, but how many 400hp gtcs's are out there that can run 12.75?
Mine has complete Baer brake kits on the front and rear, a Ford 9" rear end, A racing C4 with 26 spline input shaft with 3500stall Continental Converter, and a 347 stroker motor, 17" Chrome wheels with 245s and 275s, Full Audio system (about $2k)...Add a Lecarra steering wheel with the Rare Swing Away option that still works!

Actually, I'm not really sure that mods necessarily reduce the price of the car. Obviously at the extremely unique end of vintage cars being exactly concurs quality and concurs correct pays a premium. According to an article in BizWeek there was a '70 Cuda that went for $2M+ @BJ because of its uniqueness and I'm sure that any mods to that would severly reduce its price. But at the mid to high end of a car like the GT/CS some mods should increase the value especially if they can be reversed. When talking to the guys at the local mustang shop the vintage stangs with 5-spd, EFI, etc mods are getting the best prices. What I would do to estimate a price for your car would be look at the NADA value for your car with its original options, condition, and then *add* some on for every option that makes the car more drivable, more fun, more safe, but still retains the same look. That's how I would estimate the price.

 

[case12]

Base (289) Price Guide

2003 Poor: 3,500
2006 Poor: 3,500

2003 Fair: 5,500
2006 Fair: 7,400

2003 Good: 8,000
2006 Good: 14,100

2003 Excellent: 10,000
2006 Excellent: 28,100

2003 Concourse: 14,822
2006 Concourse: 36,000

Options pricing remains the same as in the 2003 price guide (click on menu at left of your screen to see 2003 price guide). For example - a 390 adds 3,000 to 4,000 to the base price.

What say ye? Casey

 

[p51]

Base (289) Price Guide

2003 Poor: 3,500
2006 Poor: 3,500

2003 Fair: 5,500
2006 Fair: 7,400

2003 Good: 8,000
2006 Good: 14,100

2003 Excellent: 10,000
2006 Excellent: 28,100

2003 Concourse: 14,822
2006 Concourse: 36,000

Options pricing remains the same as in the 2003 price guide (click on menu at left of your screen to see 2003 price guide). For example - a 390 adds 3,000 to 4,000 to the base price.

What say ye? Casey

Woohoo!! :teleport::teleport::teleport::teleport::teleport::teleport::teleport::teleport::teleport::teleport:

BTW: Dont know if anyone has already posted this or not but if anyone is interested in seeing what their stang (or other vintage car) is worth according to NADA the website is...

http://www.nada.com/

...just follow the links.

 

[case12]

Muscle Machines magazine this month came out with a price guide for 60's Fords. The California Special was listed in all engine types except 6cyl and 289 (I guess they missed C codes being the most prolific engine). The price guide was WAY out of line. I dont have it here with me at work, but it listed a 428 CS in excellent condition would be priced in the low $30's. Someone please sell me one for that price. :wink: Casey

 

[Mosesatm]

Probably published by a bunch of knuckle dragging Chevy guys!!

 

[390cs68rcode]

Muscle Machines magazine this month came out with a price guide for 60's Fords. The California Special was listed in all engine types except 6cyl and 289 (I guess they missed C codes being the most prolific engine). The price guide was WAY out of line. I dont have it here with me at work, but it listed a 428 CS in excellent condition would be priced in the low $30's. Someone please sell me one for that price. :wink: Casey

I agree, I wil take 2 HCS's and the missing 428 CS for low 30k each. Who do I send the check to?

 

[PNewitt]

I think you have to consider just who is buying these muscle cars. if it's people with more money than interest in totally-stock-concours, then, yes, you'll see the modified cars selling for more.

Look at the Unique Perf cars. They are no longer a concours fastback.

I think the idea of buyers looking for expensive toys, that are more interested in something to WOW their friends (either in rarity, or flash, or hipo), ruins the effort to go totally stock concours. It's a shame, because a lot of folks are spending a lot of $$ and time to get it right. I certainly honor those who go the concours route--so don't feel slighted if these flashy-hipo Cudas and Chevelle clones get the big bucks. Those are the anomalies.

My opinion--

Paul N.

 

[di81977]

Just received the latest issue of Hemmings Muscle Machines magazine. They have been updating their price guides on a montly basis, manufacturer by manufacturer. Last month was GM, this month is Ford.

Their values are based upon asking prices in Hemmings Motor News and past auction results.

These are all for 1968 California Special

Low Average High
4spd 302/230hp 4,000 11,500 25,500
Auto 302/230hp 3,500 10,500 23,500

4spd 390/325hp 4,500 13,500 30,000
Auto 390/325hp 4,000 12,500 28,000

4spd 428/335hp 5,000 15,000 33,500
Auto 428/335hp 5,000 14,000 31,000
Excerpts from the article (not my comments):

"the scene for performance Fords remains relatively docile compared to the runaway freenzy for Mopars and GM muscle cars"

"most of the Ford market right now is looking for solid cars with big-block engines"

I also own a 1964 Corvette. The value of this car has doubled over the past 3 years. I was at Barrett Jackson and stood next to a 64 Corvette that sold for $50K+ without a numbers matching engine, a few obvious wrong parts, and a damaged soft top. This was a $20K car not too long ago.

I bought my HCS around New Year's and am really enjoying it. I was really into the Corvette, but it has quickly moved to the back burner.

David

 

[p51]

Just received the latest issue of Hemmings Muscle Machines magazine. They have been updating their price guides on a montly basis, manufacturer by manufacturer. Last month was GM, this month is Ford.

Their values are based upon asking prices in Hemmings Motor News and past auction results.

These are all for 1968 California Special

Low Average High
4spd 302/230hp 4,000 11,500 25,500
Auto 302/230hp 3,500 10,500 23,500

4spd 390/325hp 4,500 13,500 30,000
Auto 390/325hp 4,000 12,500 28,000

4spd 428/335hp 5,000 15,000 33,500
Auto 428/335hp 5,000 14,000 31,000
Excerpts from the article (not my comments):

"the scene for performance Fords remains relatively docile compared to the runaway freenzy for Mopars and GM muscle cars"

"most of the Ford market right now is looking for solid cars with big-block engines"

I also own a 1964 Corvette. The value of this car has doubled over the past 3 years. I was at Barrett Jackson and stood next to a 64 Corvette that sold for $50K+ without a numbers matching engine, a few obvious wrong parts, and a damaged soft top. This was a $20K car not too long ago.

I bought my HCS around New Year's and am really enjoying it. I was really into the Corvette, but it has quickly moved to the back burner.

David

Interesting. Especially the price spread. Its pretty large.

So, here's a question for all.... What is the difference between "pony cars" and "muscle cars"? My understanding is that the pony cars (obviously knock-offs of the mustang "pony") are the small block engines (302 and less) with <300hp while the muscle cars are the bigger blocks or cars with +300hp engines. So, if you take the "frenzy about muscle cars" literally, wouldnt that mean mostly cars circa 1969 through 1973 or 300+ hp would fall into that category?

 

[p51]

This may be of interest. I posted it on another thread earlier but for those of you who might have missed it...

"Muscle Cars Roar Onto The Block" article in BizWeek...

http://www.businessweek.com/magazine/content/06_06/b3970120.htm