Last post on Oct 27, 2013 at 4:43 PM
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Ford Thunderbird, Classic Cars, Coupe, Convertible, Truck, Sedan, Wagon
#1065 of 1124 Re: I passed on the Mustang.. [qbrozen]
Oct 02, 2013 (10:15 am)
A lot of shipping companies will be happy to pick it up along with all of the parts and ship it to you.
Or you could fly out, haul everything to a shop and in a month or so, you could drive it home!
#1066 of 1124 Re: I passed on the Mustang.. [isellhondas]
Oct 02, 2013 (10:17 am)
i'm left wondering what a shop would charge. I mean, if you had $10k sitting around doing nothing and could just write a check and sell the car in the end for a profit.
#1067 of 1124 Re: I passed on the Mustang.. [qbrozen]
Oct 02, 2013 (10:30 am)
I thought about that.
We have a local shop called Bel-Kirk Mustang that will install the engine for around 1000.00. I figured another grand for misc. stuff and another grand to overhaul the transmission. That's 7000.00.
Mustangs are bringing crazy money lately so I don't think a person could lose.
But...I've thought wrong before!
#1068 of 1124 Re: I passed on the Mustang.. [qbrozen]
Oct 03, 2013 (5:24 am)
"and sell the car in the end for a profit. "
I'd be surprised if you could pay a shop to do that and come out much ahead, given the unknowns with the engine and tranny. Sure, best case it all goes together fine, and you're money ahead. But I put the odds on that at about 10%.
If the majority of those 'Wheeler Dealer' cars clear maybe 10%, only including parts costs, no labor, then paying a shop would be a major gamble.
And wouldn't other folks have looked at it? If it was such an obvious money maker why's it still there?
#1069 of 1124 Re: I passed on the Mustang.. [texases]
Oct 03, 2013 (5:39 am)
I was under the impression that it wasn't officially for sale and isell knew somebody who knew somebody.
i could be wrong.
#1070 of 1124 Re: OK, I've got one for you guys...Shifty? [qbrozen]
Oct 03, 2013 (4:24 pm)
I have neighbor who restores 60's Fords. He has a mint 64 Fairlaine(sp?) 500 with ~40k actual miles on it in his garage today.
He tells me Ford did not start putting VIN numbers on engines until 1968, so any 289 of that era (without serial numbers) will be ok. The engine could be ~$500-$1k rebuilt. They are so easy to rebuild it's ridiculous. I did like 6 of those Ford engines for me and friends in the 80's, both 289 and 302's, and I'm just a "Shade Tree" type. (I was a Huey Mechanic/Crew Chief in the Army, but in Medicine after).
The transmission could be a far worse problem if it needs a complete rebuild, as complete rebuild kits approach $1k, and good luck finding anyone nearby that will rebuild it, you could be looking at $2500 right there; however if all it needs are seals, maybe $1K or even half that. I would find out what the Tranny needs. The big question is the electricals. In storage mice can wreck havoc. The interior needs to be carefully looked at for cracks, blistered Dashboard etc. I would have a trained Body Man look at it underneath. as well as the outer body, don't forget the "Magnet Test" for bondo. The 289 Automatics are fairly common according to my neighbor.
I agree that with a HQ interior and paint, 15k should be easy.
Check out similar cars online for a base, but if it has hidden cancer, that hits the price HUGE.
#1071 of 1124 Re: I passed on the Mustang.. [qbrozen]
Oct 03, 2013 (5:11 pm)
No, it's not officially for sale. I found out about it kinda by accident.
It WILL be for sale soon however since the owner is getting tired of it taking up space in his garage.
#1072 of 1124 Re: OK, I've got one for you guys...Shifty? [olddustoffer]
Oct 03, 2013 (5:17 pm)
I used my little magnet and detected no bondo that I could tell.
Again, the car is from So. California and cars don't rust there.
I disagree about the transmission. It's a C4 Cruisematic and they are VERY common and a snap to work on. I assumed it would need a total rebuild and a local QUALITY transmission show quoted me between 900-1200 dollars for a total rebuild.
As far as the 289 engine. It isn't seized and it looks like it's been recently gone through. Rebuilding that CAN be easy but if it needs everything including a rebore then it becomes a job for a machine shop.
The interior is a new reproduction interior that has never seen miles. It does need a dash pad but those are reproduced and aren't expensive.
It's a good car for someone with time, patience a big garage and a few dollars.
I lack the patience part myself.
#1074 of 1124 Re: I passed on the Mustang.. [qbrozen]
Oct 09, 2013 (8:54 am)
I'm wondering if that was a "shill" bid?
If that car is REALLY worth 2200.00, the one I looked at would be worth at least three times as much as it sits.