X-Code 390 in Washington

[ahainline]

Just stumbled across it and thought I would share.

http://www.oldcartrader.com/ocdetail114532.htm

 

[68gt390]

Tony;
This car has been up for sale several times before. There are several posts here on the site that talk about it. Not really sure why it hasn't sold. Looks like a pretty nice car. Price may be hurting it.

Don

 

[ahainline]

good eye... still kinda new to the site so I probably missed it in the classifieds... good lookin out Don
Definately agree with the price though.

 

[johnsgottwo]

What's a good price?

Hey guys,
I know this subject has been mentioned in the forums before, but the fact that we have to wonder if $30,000.00 for a 97% restored 390 GT/CS is too much is a bit of a concern for me. While I support the idea of keeping prices reasonable for "insider trading" the simple truth is that if we GT/CS owners want our cars to be treated with the respect due a true collectible then we have to get past the price issue. To be accepted as a collectible in the general market a fully restored car should be worth more than the cost of restoring it properly. If the GT/CS never gets to that point the only cars on the market will be used cars with spray painted engines and $600.00 Maaco paint jobs. Now, I think it's cool that we have cars that are kind of the "blue collar Shelby's", but at the same tiime I would like to see more GT/CS's restored to premium grade cars, and I accept that premium grade cars bring premium prices.

 

[Midnight Special]

...Makes me want to see if Don will take $30K for one of his beauties ;-)

John, it's hard for me to fathom motors rebuilt from spray cans and $600 Maacos from any one on this site, none-the-less, they're many uncharted CSs still out there.

That aside; I totally agree with you.

 

[rvrtrash]

John, it's hard for me to fathom motors rebuilt from spray cans

When I was in high school, I saw a guy change his oil and then tell everyone he'd rebuilt his engine. Like everything else, documentation is the key.

Steve

 

[68gt390]

Hey guys,
I know this subject has been mentioned in the forums before, but the fact that we have to wonder if $30,000.00 for a 97% restored 390 GT/CS is too much is a bit of a concern for me. While I support the idea of keeping prices reasonable for "insider trading" the simple truth is that if we GT/CS owners want our cars to be treated with the respect due a true collectible then we have to get past the price issue. To be accepted as a collectible in the general market a fully restored car should be worth more than the cost of restoring it properly. If the GT/CS never gets to that point the only cars on the market will be used cars with spray painted engines and $600.00 Maaco paint jobs. Now, I think it's cool that we have cars that are kind of the "blue collar Shelby's", but at the same tiime I would like to see more GT/CS's restored to premium grade cars, and I accept that premium grade cars bring premium prices.

I never said I thought the price was too much. I simply said "Price may be hurting it". I hope he gets what he's asking for it. I know what I'd ask for mine, an "S" code with GT Option and a 4 speed. Granted the "X" code GT/CS has lower production numbers but, I've never cared much for production numbers. I know some folks do but, that's just me.

Here is the link to another "X" code up for sale. Big price difference between the two.

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&viewitem=&item=120219665311

Don

 

[BroadwayBlue]

When I was in high school, I saw a guy change his oil and then tell everyone he'd rebuilt his engine. Like everything else, documentation is the key.

Steve

You mean that's not an engine rebuild? onder:What if I have a receipt from the local Quick Lube?

 

[Midnight Special]

You mean that's not an engine rebuild? onder:What if I have a receipt from the local Quick Lube?

...'Long as the correct "Ford Blue" spray paint is on that receipt...

 

[John McGilvary]

Hey guys,
I know this subject has been mentioned in the forums before, but the fact that we have to wonder if $30,000.00 for a 97% restored 390 GT/CS is too much is a bit of a concern for me. While I support the idea of keeping prices reasonable for "insider trading" the simple truth is that if we GT/CS owners want our cars to be treated with the respect due a true collectible then we have to get past the price issue. To be accepted as a collectible in the general market a fully restored car should be worth more than the cost of restoring it properly. If the GT/CS never gets to that point the only cars on the market will be used cars with spray painted engines and $600.00 Maaco paint jobs. Now, I think it's cool that we have cars that are kind of the "blue collar Shelby's", but at the same tiime I would like to see more GT/CS's restored to premium grade cars, and I accept that premium grade cars bring premium prices.

I agree John,

IMO for way too many years CS owners have believed that thier special Mustangs are " POOR MANS SHELBY'S " as they were called back in the day.
I heard it all back in the 60's and 70's, didn't believe it then and don't believe it now.

John

 

[johnsgottwo]

Wow!

Boy, never thought my penny and a half would get such a response - and I wasn't even trying to cause trouble like I usually am.

Don, I apologise if I misunderstood your meaning about the price, it just seemed like some folks in the past have suggested that $30K was big time money for a collectible classic GT/CS. I didn't mean to suggest that you considered your two 390's to be in that price range.

My point was that I am hoping that those of us who are members of this forum can eventually get the rest of the car collecting world to recognize how unique the GT/CS and HCS cars are. I think that events like the one being organized at Galpin in April, and the publication of Paul's excellent book will help. When that day comes, even those who are not true believers like we are might go the extra mile to do really good restorations because the value of the finished car justifies the cost of going from average condition to first rate restored.

Finally, it's great to be part of a community whose members are so passionate about their cars, and I really hope to meet many of you in person in April.

 

[johnsgottwo]

Oh and another thing

Hey Don, how did you get a maroon die cast? Is that the prototype? I got stuck with white and blue - well except for a 1/64. I'm jealous.

 

[vintageracer]

Given the prices the 4 GT/CS's I saw sell at the Silver Auction several weeks ago in Scottsdale, I would say the world has recoginized these cars. The cheapest CS brought $18,500 + 8% for Red/Red 4 speed 302 car with Maaco paint and a fair interior.

 

[rvrtrash]

onder:What if I have a receipt from the local Quick Lube?

Then you paid to much for an oil change. :grin:

Steve

 

[Mosesatm]

Hey Don, how did you get a maroon die cast? Is that the prototype? I got stuck with white and blue - well except for a 1/64. I'm jealous.

It's a little expensive but here's one.

http://www.revmodels.com/product.php?productid=18535

Here are red, white, and blue
http://diecastfords.com/greenlight-collectibles-m-38.html

They are also sold in black, turquoise, and gold (real gold).

 

[Mosesatm]

Moved to another thread.

 

[68gt390]

Hey Don, how did you get a maroon die cast? Is that the prototype? I got stuck with white and blue - well except for a 1/64. I'm jealous.

John;
Sorry for the late post. I fully understand your point about the pricing on our cars. I fully agree with you in the fact that we as owners have for years shot ourselves in the foot. We are the ones that set the standard for future pricing on our cars.

Anyhow, the Royal Maroon diecast you see in my gallery is not the prototype model although I do have that one. Greenlight was kind enough to send it to me after their initial production sets were done. The Royal Maroon model is available only through Meijer stores here in the Central United States. You'll see one pop-up on ebay every now and then for sale. Greenlight contracted with Meijer's just after the initial release of the first batch of models. There were only 1100 of them made. If you would like one let me know and I'll see if I can't pick one up for you at cost ($29.95 plus shipping). They are a little cheaper than some of the diecast retailers on ebay.

Don