64 Mustang Barn Find, HELP! I promise to wash my mouth out with soap afterwards.

ou: I have finally convinced the owner to sell it to me. Even though it is a Muskrat, the car is in such good original conditon, 4 speed, black on black, I can not stand to see it just weather away any longer especailly as it starts to rain again n the North West. I have known about this car for a few years and do the periodic checking in phone call and get the usual classic jibberish from the owner....as it continues to sit out in the pasture.

"I cant sell it, it was my first car" (original owner:beers2: )
"I plan to fix it up" (as it has been rotting away now :af: )
"My kids have been wanting to fix it up" (yeah right, they have kids of their own now:bla: )

I would like to know what this is worth before I make her my final offer, can I get some sugestions on where to search for fair market values on these things?
The only value they have ever had to me prior was as a little pesky car on the street which has been one of my BUICK's favorite snacks.

 

It is a 65. I really have never cared to know anything about these cars, but...

The steering wheel is in great shape, as is dash with factory gages. Needs interior redone of course, all there but wasted. The only rot is the floor pan is gone behind drivers seat. Body is straight and original paint looks pretty good. Chrome is straight, surface rust. car ran and drove to where it sits. Moved last year to mow the yard?

Basically one of those that it is all there but it needs everything.

Last on the road in 1990.

 

What size motor?

Rick

 

289

 

Cool find! The good news is they make just about everything for these cars these days.

Devon

 

Here, this may help:

Collector Car Market Review Value Report
1965 FORD MUSTANG 289-200hp (8cyl-2V) AT
#5 #4 #3 #2 #1
2dr Conv 2025 5025 9675 14225 18325
2dr Fstbk 1675 4350 7850 11050 15150
2dr Hdtp 875 2775 6100 9100 12400

Add:
289-225hp (8cyl-4V) 15%
289-271hp (8cyl-4V) 45%
4spd manual trans 7%
Air conditioning 10%
Floor console 2%
Rally pac 2%
Styled steel wheels 3%
Interior decor group 5%
Disc brakes 3%
Deduct:
200-120hp (6cyl-1V) -15%
3spd manual transmission -5%
Manual steering -5%
Manual top (conv) -10%

Collector Main • Pricing Considerations • Condition Guide • Truck Equipment

Values on this website from May 2005. Keep up-to-date! Current Values available here: Subscribe

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Collector Car Market Review
Condition Guidelines


--------------------------------------------------------------------------------

#1 Excellent: A close to perfect original or a very well restored vehicle. Generally a body-off restoration, but a well done body-on restoration that has been fully detailed may qualify. The vehicle is stunning to look at and any flaws are trivial and not readily apparent. Everything works as new. All equipment is original, NOS, or excellent quality reproductions. (See show car description in How to Use section.)

#2 Very Good: An extremely presentable vehicle showing minimal wear, or a well restored vehicle. Runs and drives smooth and tight. Needs no mechanical or cosmetic work. All areas (chassis not required) have been fully detailed. Beautiful to look at but clearly below a #1 vehicle.

#3 Good: Presentable inside and out with some signs of wear. Not detailed but very clean. Body should be straight and solid with no apparent rust and absolutely no rust-through anywhere. Shiny, attractive paint but may have evidence of minor fading or checking or other imperfections. Runs and drives well. May need some minor mechanical or cosmetic work but is fully usable and enjoyable as is.

#4 Fair: runs and drives OK but needs work throughout the vehicle. Body shows signs of wear or previous restoration work. Any rust should be minimal and not in any structural areas. Cosmetics, body, and mechanics all need work to some degree.

#5 Poor: In need of complete restoration, but is complete and not a rust bucket beyond repair. May or may not run and drive. Not roadworthy.

Parts or Salvage: Incomplete vehicle most useful for parts. Generally, take 50-60% of the #5 value.

(C) This page Copyright 1988-2005 VMR International, Inc. All rights reserved.

 

Thanks, that is exactly what I was looking for. I would rate the car a 4 sliding into a 5 if left out this winter.

I can not believe I am even thinking about this damn thing. I had a vison when I first saw it years ago. Just get it, store it to stop the wasting away, and fix it up for my youngest daughter (she is 9 right now).

 

I had a 66 fall into my lap for a great price. I originally bought it to flip and make some $'s. I got it home and my 15 year old daughter fell in love with it. It is SUCH a "Chick" car. I really wrestled with the idea of giving such a nice car to a 16 year old. I wound up giving it to her for her 16th birthday. It was by far the best thing I could have done with the car. She grew a GREAT appreciation for this car, she took great care of it, wouldn't let friends ride in it that didn't baby it, would not let anyone drive it, etc., etc. She drove it thoughout highschool. She is a freshman in college now and her first weekend home....first thing she wanted to do was drive her Mustang.

The other thing is all the other parents kinda watched out for her as they saw her driving around, they knew it was my daughter because of the car. I always got reports of "I saw your daughter in the Mustang, man she is really careful in that thing".

Then there is the fact the car is worth more now than when she got it. Can you say that about a Mitsubisi they would trash out because it's just another car?

Save it for your daughter......it really pisses the boyfriend off when their girlfriend has such a cool car that they can't drive. :laugh:

Rick

 

Rick, that looks like a great snack for my Wildcat! :laugh: :laugh: :laugh:

 

Do you Really want me to comment? Everyone has an old stang. To top it off, they were as cheaply built as the pinto. You can buy front fenders(new ) for 60 bucks. need I say more? Not even a muscle car really...not till 68 or 69 when they made them look a little better. Sorry, but mustangs do nothing for me. I know alot of people ooh and aah over them, but being a mechanic for 27 years and having to fix them gives me a different perspective, I guess. You have to remember, the manual trans car was always cheaper...thats why people ordered them. I thinks its great to take a nice looking car to the beach, but get into traffic and a standard sucks. Sure, people are looking at your car and the whole time your in and out on the clutch...1st gear...second gear...neutral/coast...1st gear, 2nd gear...1st gear...meanwhile there's sweat pouring off yourhad, your right leg feels like its gonna fall off, you just took 3 months of wear off the clutch, had to stop and replace one of the shifter linkage cotter pins and now your sneaker has a hole in the bottom of it. Sqeak, squeak, squeak the whole time. Boy, was that a nice ride or what, huh honey? Scuse me again for being blunt, but you asked. I would not give 500 for that car. If you really need a stang, there are better ones out there for short money...don't get fixed on this one.

 

In my opinion, if you like the car and its "doable" go for it. As far as a collector car, the early coupes really don't bring big bucks. Unless its a k code 4spd.

 

I agree whole heartedly they are cheaply made. You can get almost anything aftermarket, but if you think the original stuff is cheaply made the repop stuff is worse.

Remember, I said this is a chick car. It has a 289 2bbl. It will break the tires loose but that is about it. I would not do this car thinking you'll have a muscle car when its over.

No disrepect here, but saying you wouldn't give $500 is a little ridiculous. I'm guessing this car might get a little more than that on ebay.

Rick

 

MarkO,

You'll have a hard time finding the green bathroom carpet to match those seat covers for sure. p

Anyone can love at least one Ford car. I bought a nice Red 65 Comet Cyclone 4 speed car a few years ago. I'm a Chevy type of guy and I'm not ashamed to admit to loving 65 Cyclones.

 

1970-1971 Torino lover here.

 

I have a '65 coupe...while it's not a muscle car and mine has been RUSTY and they were cheaply built, it is a GREAT driving car. I've driven mine 71,000 miles in 12 years and it's apart to fix rust I didn't get the first time. Mine's been in the family for 39 years today and I still love it. Yeah, they're bellybuttons and all, but parts are easy and "relatively" cheap to find and an almost rust free example is worth far more than 500. It's much nicer making a 5 minute call rather than trying to find parts for my '53 Special, so that's not a bad thing. Go for it, especially in black. Put a red interior in that thing and have a great looking car.

 

My sister has $30,000 in her 65 convertable. In my opinion they are a cheap piece of cr@p. On the other hand she loves it. Anything under the dash is a big pain to work on. The cooling systems are way underdesigned, lot of overheating problems. Not very safe car in my opinion. Parts are cheap and available. You will go nuts keeping the thing running.

 

Mine has never overheated. I've driven the car more miles than anybody on earth. Once I fixed basic wear items, etc., it has been an extraordinarily reliable car. I'd trust it anywhere. Same with my Skylark...

 

I have 3 Rustangs: 1 '65 and 2 '68s.

Good Points: Fun to drive, cheap to fix, easy to mod.

Bad Points: Cheaply built, more corrosion than you would think is possible if they are used for winter driving in the Salt Belt.

One of the '68s I had went over 300K miles. It was a 200 cubic inch six with a 3 speed stick. Could not kill it!

 

I will agree on the rust thing...my family heirloom car would never have gotten as far as it did if it wasn't family. It was and up until recently is rustier in more places than you could ever imagine a car. Mine will never be show-winning (not that I care) because I would literally have to replace every single part of the car. I've patched so many places I'm sick of welding! So find a solid one, by all means, or you will hate it!

 

Make sure it already doesn't have the sagging door issues associated with a unitized body going soft. As that will probably have the biggest impact on price and value.

My first car was a '66 mustang coupe 200ci w/ c4 tranny. a fun little car. I didn't have it long as I discovered the extent of the rust issues after I had it. Then a '67 GTO came up for sale, and as they say the rest was history.

You'll definately get a lot of looks and comments about the car, like it or not, as they are an American icon.