Whats it worth ?
 

A 1989 LX coupe (not hatchback) 5.0 L with 5 spd trans, 54 000 km's, pony rims (minor scuffs), no rust, completely stock. What do you guys think is a fair price for this car ?

id say just buy looking at cars on autotrader, some where between $3500-$5000. but that is without looking at it.
but defantly not the right season to be selling.

I know its off season, but I'm not the one selling. I'm the one thats thinking of buying it but the guy is asking $11000 and regardless of its condition I think he's asking way too much. Thats why I wanted some other opinions.

original KMS?????


check www.autotrader.ca and see what other ppl are selling for.

yep all orig. kms

dont even go anywhere near it for that kinda money.IMO
do you have pictures?
a stock 5.0 should not be over 7K or even 10K for that matter.

i wouldnt buy it, but do what you wish, thats just my opinion

From my limited experience, I'd guess around 7-8K

I guess it all comes down to what your willing to pay for a fox. Some people will pay alot for them and others won't.

Every joker that's ever owned a Mustang wants way more than it's worth. What they advertise for and what they get are two different things. After many years being a "Mustang" guy, I can tell you they defy the logic of the normal car depreciation curve which is: new retail value......dropping hard in the first 3-4 years......level off until year 10-15....then start to come back up in 20 years if it's a collector.

The price of fox bodies is so far gone, it's crazy. In 1987, I was about 15 years old and got major wood for a fox. Since then, I've watched the cars value drop like normal which means a brand new $17,500 fox at the 3 year mark in 1990 with 75,000kms would be worth $8 to 10K. It seems the price has never moved from there in the following 16 years no matter what the mileage or condition. For those of us that have been there watching the whole time, it's totally rediculous to pay that kind of money for a fox, but it seems the price is creeping back up prematurely as a collector, especially the 85-86's. So that means the window has passed and if you want a clean one, you'll need to pay at least a bit more or find someone that has had one all this time and didn't realize the following it has. I'm waiting to find someone like that, cause I'll be damed if I pay one of you guys that kind of money for a fox. If I didn't write my off, I'd still have it today.

I would take a look at it. if it's the one on GTMAC. I must say that is one of the cleanest coupes and worth a good buck. The amount of pennies is on you. Personally for a stocker. I wouldn't go over $10K


I took mine home ( 91 Notch with gears, Full Exhaust, Pullies, Original Emerald Green, Cobra R's with some fat tires, Upper / Lower control arms and alluminum driveshaft full MB quat sound system.. 2 amps. 4 caps, Crossovers, Deck, Yellow top Battery and 1 owner for $9000 with 110,000kms on it. 100% no rust.. mint! )

Still a stock motor and trans and original inside and that was 2 years this spring. I've got offers for $11,000 for it.


If the car is that clean. he will get what he wants for it i'm sure.

I am going to guess that you are talking about Marks car...I have not seen it, but if it is as clean as he says, and it has 54K original, then I would tend to think that he will get $11,000 for it.

Very low km's foxes are getting extremely rare nowadays...if you don't want to pay $11,000 for it thats fine, but I am sure someone will not have a second thought about buying it for that price.

I subscribe to the "you get what you pay for" train of thought.

And finding a superclean, totally unmolested Fox with those kind of kms is worth a premium IMO.

I guess it depends on what your plans with the car are (ie:...keep her stock or mod the hell out of it).

At the end of the day...10-11K isn't huge bucks (keep in mind I compare this price to what I've spent just modding my car alone...to the price of an 06...and the price of many Fox bodies I've seen in various conditions - usually 3k for heaps and 8k for nicer/modded stuff).

If I had a full blown boner for that model of Stang...and that car is what is stated (and I believe it is)..I'd be on it like a fly on . :tup

Fox body's and 99+ mustangs sell for more than the 94-98 Mustangs.
For the 94-98 group ...the lowest priced of the bunch would be the 94-98 V6 mustangs, then the 96-98 GT's.

For the Foxes, the lower priced models would be the nasty/high milage 4 bangers, then the nasty/high milage V8's.

When i bought my clean no winter 91 GT in 1999 I paid $9200 for it. When i went out lookin, price was not an object... clean and clean and no winters was. I am NOT a body person, so when i do body work... it LOOKS like I did body work. OH YA... little to no mods was also a criteria. Remember, not all of these shadetree's know the difference between brake pad and a brake shoe (meaning... i wouldn't trust them to check the air in my tires, let alone modify their cars)... you know... like ricers.

I am personally happy to see the Foxes go up in price. I am sad/angry to see the roundy pounders destroyin all these nice clean 4 bangers. But, that too will drive the value of the foxes up even higher.

Lately (end of summer) i have seen a whole bunch of high milage nasty lookin winter driven V8's. It is real sad. So those few clean ones that are left SHOULD go up in price, not down.

If you find a nice clean low milage no winter 87-93 V8 for under 8K... you have found a bargin.

Yes, but do you pay 11K, just cause someone says so? 5point's red one with 54 original Kms is totally worth 11K especially if you like red. The sense I get is that he got it for 8 and is flipping it, but not my business and good for him if he did. I know someone else that just did that with a black fox I was very tempted by, but passed, not clean enough. If your goal is to Mod, why by a cherry only to pop it. Someone who buys that should put it back to showroom condition and never change it again and hope for Barrett Jackson money in about 20 years. If you want a fox to get blown and all the rest of it, you're better off paying 10K to a guy that's done the basics and you save the first $3500 in mods off the bat.


I've always agreed in principle because if you cheap out, you usually end up paying it down the road anyway, but given the uncertainty and lies that go along with the car game, it's better to negotiate as hard as you can now so that when the surprise comes later you won't regret it.

I'm reminded of "rnourse" at the gta with that sweet 88 GT T-top and the cooling problems and of course my truck. Even after 3 surprise repairs they guy hid when selling, I was still O.K. with it cause I got it dirt cheap it was the truck I wanted and the colour I wanted for the price I wanted.

Hi Guys. I gave an 89 gt vert(never winter driven, 101,000 km) which I have had to get an appraisal done for my insurance. The appraised figure was 13,200 in 2003 and 16,000 on 2005. The appraiser told me that they are starting to see the foxes going up in price(the ones in good condition) as there are fewer ones on the road.

11k for mint fox is not outrageous anymore.

Bill

hell no. look at the grand nationals!

if someone took good care of their pony, they deserve top dollar for it. All you cheap asses out there (and some on here) can go buy an older beat up one if you cannot bring yourself to pony up the dough.

well said.

FWIW...when I had the appraisal done on my 2000...before and after major mods...we started at "brand new replacement value" for the car itself, and then determined what extra value the mods were worth.

The reason why the appraiser agreed to this was because there is pretty much NO chance that in the result of a total loss...that the insurance company could ever find a stock GT of the same year in the same condition.

So even appraisers agree that the totally-pampered-never-see-rain-low km vehicles deserve a premium.

the red fox
 

That red fox that is for sale on gtamc is mint. I know the guy that used to own that car before fivepointohno. I have not talked to him in a year. I can't believe he sold it.I have seen underneath that car and it is unreal how clean that car is. All the guys in the shop went nuts. The oil pan was spotless with hardly any dirt on it. I asked my buddy if he cleaned it underneath and he said no. I drove that car and it is like brand new.

Then someone better grab it for a steal at 11K.

LOL.

Off topic, but isn't the 91 notch Calypso green as opposed to emerald green?

2 different greens are they not. Isen't the Calypso lighter?

5000 to 6500 max. That year is good but 11000 is way to high.

I agree with white snake

your dead wrong mister. that is just right.
ok same senario... but with an 87 Grand National it would be worth about 14K in good condition, now factor in that it has only 54k kms on it. now the price is probably a g-note higher.

Your argument... we this is only a mustang. true, but so what. clean low milage ones are damn hard to find. So many people beat the crap out of them, modified the heck outta them, and then even worse... drove them in the winter. This particular car is a calean low milage one. perfect. If the owner sells it for less then $10,000 then he is losing out.

Ya $ 10,000.00 would be fair for that car real clean :tup

I think that anything over 10g's is too high. Sure it has low KM's but its no Buick GN. A buick GN was a lower production number specialty car. I don't think a Fox body is a classic yet or should be considered a classic.
A fair price for me would be 6-7 thousand.

just my 2 cents

ok cheapo. you can buy the crappy ones.

This is true, I am cheap. You can find cheaper and just as nice if you travel to the US. But everybody knows that.

Clearly the guys here that are cheap have not gone shopping for a clean, and i mean clean 5.0.
They are rare to none. Guys say mint BullS$#T. I sold my 92 coupe for $5k with 214k on the clock, it was a 7/10 car, very clean.
Maybe the guys responding $5k for the value are under 20 years old or something. $5k hardly buys you a good TV nowadays.
Seriously, 54,000km (34K miles) is worth at least $8k, maybe more to the right buyer - go to the US and find a mint 34k mile car for $6.5kUS and I will buy it.!!!
My 16 year old honda accord with 132k on it got offers for $3500 by several people.
Get real.

I agree with the guys like 91mgt.

Heck I sold this car:
http://www.mnsi.net/~ohreally/2.jpg
In spring of 2005 for $10500 and kept a few things off it.. Has original paint still and there was NO and I mean NO rust on this car even starting anywhere. As far as clean coupes go you wouldnt have found a cleaner one unless you stumbled upon somehting with 10000 Kms and never got drove. It had 148000 Kms, and I had a good amount of mods. Now when I bought it it had 138000 Kms, and it was basically stock, but with the cervini hood and had Weld Draglites. I paid $8700 for it due to the cleanliness of the body.

A totally stock, down to the air silencer fox body 5.0 with 25000 Kms or less will go for a good amount and deservedly so. It's still basically a new car. Bone stockers in the high 40 / 50-80000 KM range as long as they are still almost like new seem to command anywhere from $8000 to $11-$12000. Depending on the model etc.. Obviously a sweet low mile Cobra GT Vert commands more $.

In the end it's worth what someone is willing to pay, however the low miler car with owners that didn't track them every saturday morning, and and jus cruised em around on nice days, left them untouched as they came from Ford, are worth more than the ones with 155000 KMs and a list of mods a mile long... actually THAT depends too... a fully redone fox with a 450 HP pump gas turbo motor that runs and drives like stock and was built well, car looks like new, etc, is worth every penny. :tup