Fox Considering A 5.0 Foxbody

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Something to consider is the cost to paint the car.
In NJ paint work is expensive.
For example, i'd like to have my car painted, if i did red again prices i have gotten ranged from $4200-$8000.
After hearing those prices i didn't bother asking if i changed the color.

If i were buying a car at this point, i'd buy a car with perfect paint that didn't run over a car that needed paint and ran great.
I have a lift and i'm pretty connected with the right people in the mechanical world, but i'm on an island with paint.
 
I asked the guy for receipts and, like so many people, he had none to present. Afterwards, he sent me some better pics and needless to say I wasn't impressed.

I started looking again and stumbled across this.

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And here's a description :

1990 Mustang LX hatchback factory sunroof, has Harwood 4" lift off cowl hood, five lug conversion, 8.8 rear end with 410 gears, 35th anniversary 17" wheels, black interior with 85 Mustang leather seats, Summit dash gauge pod with (monster tack, oil pressure and coolant temp) rear seat deleted, t5 5 speed trans, King Cobra clutch, Steeda clutch quadrant and adjuster, new Ford racing clutch cable, long tube headers, x pipe and Flowmasters, battery relocated to trunk.

Engine is xxx 302 roller block bored .040 over speeda pro pistons, Ford racing e303 cam, Cobra (gt40p) heads, performer rpm air gap intake, summit racing HEI distributor, March accessory brackets for ps pump and alt, GM one wire alt, Proform 750 cfm Holley with HP center section, trick flow adjustable fuel pressure regulator with 6an lines, K&N 4" air filter element.

Guy wants 7k, more than what I wanted to spend, but looks like a nice vehicle with lots of potential. Once again though, is the price reasonable?

Thanks,

Drew
 
You may not like driving that car with that tall of a hood on it. Lift off hoods are a pain in the ass because of no safe place to put them and it can scratch the top of your car if you decide to place it up there. A guy here on stangnet recently had his lift off hood blow off the top of his car at a car show, new paint job too. Bummer. You are stuck with that tall of a hood too because it's needed to clear that air cleaner.

Not my top choice for wheel selection either. I think it's over priced and I'd like to know why this car was converted to Carb and if it was done CORRECTLY. I have nothing against carb vehicles, I think they are great but there has to be a valid reason to convert. I bet this guy has a hard time selling primarily to this car not being EFI. Normally a deal breaker for a lot of people.
 
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I asked the guy for receipts and, like so many people, he had none to present. Afterwards, he sent me some better pics and needless to say I wasn't impressed.

I started looking again and stumbled across this.

image.jpg
image.jpg
image.jpg


And here's a description :

1990 Mustang LX hatchback factory sunroof, has Harwood 4" lift off cowl hood, five lug conversion, 8.8 rear end with 410 gears, 35th anniversary 17" wheels, black interior with 85 Mustang leather seats, Summit dash gauge pod with (monster tack, oil pressure and coolant temp) rear seat deleted, t5 5 speed trans, King Cobra clutch, Steeda clutch quadrant and adjuster, new Ford racing clutch cable, long tube headers, x pipe and Flowmasters, battery relocated to trunk.

Engine is xxx 302 roller block bored .040 over speeda pro pistons, Ford racing e303 cam, Cobra (gt40p) heads, performer rpm air gap intake, summit racing HEI distributor, March accessory brackets for ps pump and alt, GM one wire alt, Proform 750 cfm Holley with HP center section, trick flow adjustable fuel pressure regulator with 6an lines, K&N 4" air filter element.

Guy wants 7k, more than what I wanted to spend, but looks like a nice vehicle with lots of potential. Once again though, is the price reasonable?

Thanks,

Drew

Looks to be a nice car, but the second you pop the hood and show me a carb i'd knock a couple grand off it so i had money to put the EFI and AC back on. Let's not forget reinstalling the rear seat too.

Don't get caught in the mods either, nothing special there.

I just wouldn't pay 7 grand for it.
 
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I asked the guy for receipts and, like so many people, he had none to present. Afterwards, he sent me some better pics and needless to say I wasn't impressed.

I started looking again and stumbled across this.

image.jpg
image.jpg
image.jpg


And here's a description :

1990 Mustang LX hatchback factory sunroof, has Harwood 4" lift off cowl hood, five lug conversion, 8.8 rear end with 410 gears, 35th anniversary 17" wheels, black interior with 85 Mustang leather seats, Summit dash gauge pod with (monster tack, oil pressure and coolant temp) rear seat deleted, t5 5 speed trans, King Cobra clutch, Steeda clutch quadrant and adjuster, new Ford racing clutch cable, long tube headers, x pipe and Flowmasters, battery relocated to trunk.

Engine is xxx 302 roller block bored .040 over speeda pro pistons, Ford racing e303 cam, Cobra (gt40p) heads, performer rpm air gap intake, summit racing HEI distributor, March accessory brackets for ps pump and alt, GM one wire alt, Proform 750 cfm Holley with HP center section, trick flow adjustable fuel pressure regulator with 6an lines, K&N 4" air filter element.

Guy wants 7k, more than what I wanted to spend, but looks like a nice vehicle with lots of potential. Once again though, is the price reasonable?

Thanks,

Drew

7k is too much for that car. Maybe 5500 if everything works correctly and the body is perfect with decent paint
 
Found another one, this time it's a 93 notch, but still carbureted. Apparently it is next too impossible to find a nice looking EFI Stang in ohio. If anyone is curious about the notch, here's a link:

http://chillicothe.craigslist.org/cto/4743614218.html

Talked the guy down to 7k in a matter of minutes, so most likely I could negotiate down to 6.

If you pay 6 for that you are getting hosed. I think jegs uses atk motors. At best it may have gt40 style aluminum heads.
 
I am liking how honest you all are. Like I said in my initial post I know next to nothing about mustangs. That said, if I were to pay 7k for one, a fox body that is, what should I expect to get for that kinda money. I am learning, so try to forgive my ignorance on the subject.

Thanks,

Drew
 
Pass on all of those. Don't get antsy and wait for a good car that's exactly what you want, within your price range. Be willing to travel and have cash. You'll find what you want, just might take a little while.
 
7k should get you something without rust and decent paint and either have very low mileage or
I am liking how honest you all are. Like I said in my initial post I know next to nothing about mustangs. That said, if I were to pay 7k for one, a fox body that is, what should I expect to get for that kinda money. I am learning, so try to forgive my ignorance on the subject.

Thanks,

Drew
7k should get you something with a good frame and without rust, decent paint, and either have low mileage or has a mechanically sound built 302 hci with quality aluminum heads
 
7k, bye bye mustang, hello happy wife.

If i had a guess i would say I have 9500 into the car including the original purchase price. I would probably let it go for 6
I think I am still ahead, but that is ONLY because I got the car relatively cheap and all of the parts to fix it have been cheap. The only big expenses thus far were the transmission and brake swap, which were still $1500 combined.
 
$7K wouldn't get my car, that's for sure. It's not a show queen, but Its def a clean mustang for the area,

Too much time and emotion invested in it. Plus it was my first car. I drove that thing through HS and college.

I've been chased down and offered to buy it but have refused. I even have a few cards from guys in their 40's and 50's that said If i ever reconsidered, give them a call. I haven't.

Now...if some guy offered me a rediculous number...
 
I think I am still ahead, but that is ONLY because I got the car relatively cheap and all of the parts to fix it have been cheap. The only big expenses thus far were the transmission and brake swap, which were still $1500 combined.
The engine rebuild is what has me way behind. I still have a ways to go too. The trans isn't going to hold up to how I drive it
 
$7K wouldn't get my car, that's for sure. It's not a show queen, but Its def a clean mustang for the area,

Too much time and emotion invested in it. Plus it was my first car. I drove that thing through HS and college.

I've been chased down and offered to buy it but have refused. I even have a few cards from guys in their 40's and 50's that said If i ever reconsidered, give them a call. I haven't.

Now...if some guy offered me a rediculous number...
I don't know all the details of your car but iirc it is not your average decent Fox with a mild hci. I believe you have some very quality upgrades that make it a very nice driver overall
 
@Mustang5L5 While mine doesn't have the sentimental value of yours, I doubt I ever would sell it short of a ridiculous number as you mentioned. This is one of the nicest foxes I've owned and have dumped every spare second of the last 4 months I've owned it into it.

I think I worded my post above wrong - IF you are going to spend $7k on a fox, it needs to be very clean. As stated before, mods really do not move the value one way or another (unless it's done poorly). The overall value comes from the fact that it was well taken care of and doesn't need a lot of work to turn around neglect.