Mustang Price(s)? Market Leveling.

hopopo5

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Nov 1, 2014
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So I was currently looking for one to buy, but i was wondering; Are mustang fox 1980-1993 prices going up? lowering? or at its lowest point? and how much do you guys think i can get one thats running (not a rust bucket) but that needs restoration of some sort lol.
 
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The fox body market IMO has been fairly stable the past couple years. There are still plenty of sellers that think they have a "rare" gold mine but there are plenty of good buys still. For a good car with avg wear and tear expect somewhere around 4k. Plenty of cars out there that have been "finished" that go for around 8k. Which in many cases is cents on the dollar compared to the owners investment. For a car that is relatively rust free yet in need of a lot of work expect somewhere around 1-2k. Just remember these cars are all 20+ years old and even the nice ones can have issues that pop up. Good luck! And welcome to Stangnet.
 
For a car that is what i call nice (little to no rust , all gauges working, all trim there, ashtray lit stays closed decent paint ) with mileage in the midrange, say 60-90k Id expect to be in the 6-7 range. Lower miles = more money. I have been seeing some foxes with ridiculously low miles selling for more than sticker lately. Id say some of the price is inflation and some is demand but for the most part the prices are starting to creep up.
 
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For a car that is what i call nice (little to no rust , all gauges working, all trim there, ashtray lit stays closed decent paint ) with mileage in the midrange, say 60-90k Id expect to be in the 6-7 range. Lower miles = more money. I have been seeing some foxes with ridiculously low miles selling for more than sticker lately. Id say some of the price is inflation and some is demand but for the most part the prices are starting to creep up.

I agree with this completely
 
If I was looking for a decent car that needed little to no work I would say you need at least 6k. You may find a deal out there for less but be prepared to jump on it and read up on this board to locate the known terrible area s abd what to look for.
 
Seems to me they are going up, you can still find deals but the low mileage ones are asking good money and some of them are selling. They are always going to go up in value but you will always be able to find deals on a car someone dumped a bunch of money into and has to get out from under it.
 
Yah they are on drugs that is 93 cobra money. It will always come down to what some idiot will pay for it. I paid the same price in 2003 as I did in 2013 and got a lot more car this time around, go figure.
 
He's talking about the $10,990 that a 86 GT with ~8k miles on it is currently going for on eBay. I saw a excellent condition 89 GT the same color scheme as my first fox body (also a 89 black with grey ground effects and a red stripe) and I almost thought about buying it instead of the teal 93 cobra that I did buy, but the guy wanted $12k! His GT did have low miles on it (40k or 80k I don't remember) and some tasteful mods. But that's def the high end of the clean foxes I think. The GT/LX are pretty stable based on condition, but do vary with seasons just like all muscle cars (cheaper in the winter, go up in the spring) So that's something to keep in mind. A fox that needs work can be had for cheap, but one that needs work and not paint is hard to find. The coupes and cobras are climbing I think - I'm really surprised to see the coupes going for 9-11k pretty easily if their paint is excellent.
 
Yah they are on drugs that is 93 cobra money. It will always come down to what some idiot will pay for it. I paid the same price in 2003 as I did in 2013 and got a lot more car this time around, go figure.
You must not have priced 93 cobras lately, 11 would put you in a midrange car with some of the usual fox problems and an engine that has been beat on. This was a 86 gt with less than 8,000 miles on it, good luck finding another with that few miles, in that condition, for that money.
 
Does anyone know how many ttops coups gts 4cy etc of each fox was made?
Ford kept a record of the coupes verts gt and lx's made but I've yet to see a definitive answer on how many were t-tops but the number I hear floating around is in the 800 neighborhood.
 
I guess it depends on the condition of the car and if you've seen it in person and heard it run.
I was at a car show a few weeks ago and there was a 93 notch with 15k miles and a blower otherwise stock. To me it looked like it had been repainted, and for 15k miles i would have expected a straighter car. I "might" pay $6k for it. It was very nice, but something about it made me wonder just what took place in those 15k miles.
On the other hand mine is a '92 with 50k miles. I was offered $20k that night for mine.