The Fox Body Mustang Pricing Debacle - How much does/should a Fox Body Mustang cost?
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- เผยแพร่เมื่อ 6 ก.ย. 2024
- Ok folks, let's get to the bottom of this before its too late! On this episode I share my opinion on the outrageous prices that people are selling Foxbody Mustangs for. In many cases, I think that the prices are justifiable however, I keep seeing more and more examples of people asking WAY too much for cars that are barley worth saving and/or worth the tow bill to send them to the scrap yard! The Mustang community and the good people that make it up hold a very special place in my heart. I've yet to meet a single person from this community that wouldn't go out of their way to help a fellow enthusiast. For this reason, I felt the need to put this video together to plead with the community to please act in the same fashion when selling your beloved mustang as you do when you see a fellow mustang enthusiast on the road or at a car show. We're all in this together, so lets be fair and realistic with one another 🙏🦊❤️
A special thank you to my good friends @TheInfamousProject and @GearHead704 for letting me use their video content in my video. Check out their channels for 10/10 Foxbody Mustang related content.
Also a special thank you to my two buddies from "The Stang Gang." You know who you are and you and your conversation were the inspiration for this video.
💥If you like this video, you might also enjoy some of my other Foxbody Mustang related Content:
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📽 Which is the BEST Foxbody: • Buying a Foxbody Musta...
📽 Foxbody Burnouts & LOUD Exhaust: • Fox Body 5.0 Mustang E...
📽 TOP 5 First Foxbody Mods: • TOP 5 MUST HAVE First ...
📽 Top 10 Reasons to buy a Foxbody NOW!: • Top 10 Reasons to Buy ...
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I upload new videos every Tuesday @ 12:00PM PST (3:00PM EST); and periodically I upload short clips throughout the week.
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Thanks for Watching!
#foxbody #foxbodymustangpricing #mustang5.0
Hmm. Sounds like a familiar conversation 😎. Definitely a hot topic and somewhat sensitive topic for me. I personally hate the high prices. I want to keep them affordable! I could care less about buying a fox to sell it later for big money. I want to drive and enjoy hell out of mine!! Today’s prices for certain car models it is becoming almost impossible unless you have endless funds. The market has turned cars that should be driven and enjoyed into garage queens! I talk to so many guys who truly love them and dreamed of owning one that can’t afford the car they could have bought as few as 3 years ago, and now that boat or dream has sailed. I personally really struggle with the high prices knowing what we paid for our cars as few as 3-5 years ago. As you mentioned the amount of money that will need invested into a car that is decent to make it really nice is hard for me to swallow. Ok I’ll get off my soap box now. Lol. Looking forward to your live steam. Cheers bud!
hahahaha - I'm pinning this comment to the top buddy because you know about this "debacle" better then most! Trust me folks, @JKennedySVT is very well read on this topic and has VERY good first hand knowledge on this topic with Mayne different Mustang platforms. Thanks for weighing in buddy!! 🦊❤️
@@KASLCustoms thanks buddy. It’s a challenging subject and my perspective has changed some from when I got back into the Fox game in 2014. I love the idea of steady appreciation where you can buy, modify, and enjoy the cars without taking a loss. But now values have doubled and tripled and that changes a lot for me an how I enjoy my cars now. Which is what lead us into the discussion of buying cars that need restored and the cost. I guess the only good thing is maybe they have appreciated enough that you don’t totally lose your ass on a restoration. But I sure do miss the days a clean cars at $10k and clean low mileage cobras at $20k 🤣. My income sure hasn’t inflated enough to keep up with the price of our hobby😂😂.
Hahaha amen to that brother! 👊
The Foxbody community is the only niche where owners are pissed that the Foxbodys are skyrocketing in value. This is a good thing boys, we should love this. Imagine Foxbodys getting to even 5% of what happened to the air cooled Porsche market. That would be amazing! Appreciation is always good, always. I get that foxbodys had decades of dirt cheap fun, but know as more GenX guys like me are coming back to what we grew up in its going to raise the floor. Im all for helping other out, and sharing info and being a community, but lets all let these things go to the moon.
Lol I hear where you’re coming from for sure 👍
I have a1992 GT with 53,000 miles! Don’t plan on selling anytime soon, I’ll drive it and enjoy it as long as I can! Love those foxes!!
Wry nice my friend! Enjoy that fox!
You are 100% correct very refreshing to hear someone still in their right mind!
Thank you very much!
Appreciate the shout out. I definitely agreed with your perspective on the Bimini price. Looking forward to the live stream. 👊
Yessir! Thanks buddy.
GearHead704! My mannn!! Have you checked your oil filter tightness today? heh
@@rattletrapfox1001 LOL that's always a good call for me ROFL
You’re being generous even in this video. Truthfully I’d pay max, for a stock Foxbody with 70k-80k, stock, in decent shape MAYBE 10k. I have three of them myself, one roughly 10k, other two roughly 7k-8k range. All three have inbetween 70k-80k miles, which is the average mileage your going to find on a Fox that’s been driven and not sitting in some garage waiting to be sold. I didn’t buy any of mine to resell later, I bought them all to drive. I love these cars and they are getting rare to find in decent condition, or they’ve been chopped up or modified heavily. Personally I put a lot of blame on LMR/5.0Resto whatever you want to call them anymore. Nobody will ever admit or see that, but they’ve inflated prices on all their parts and they’ve created this community of people who think these cars are worth a ridiculous amount of money when in reality they just aren’t.
Edit: Also, the 2.3l is becoming more rare than the 5.0. It’s not better, but finding them untouched does add value. To each their own though.
Thanks for reaching out and sharing your thoughts! It’s funny that you bring up the inflation point because another viewer was drawing that conclusion as well. They were saying that the cars themselves have been susceptible to inflation - which I somewhat see but also somewhat disagree with. The parts themselves however have definitely been susceptible to inflation which in turn makes the restored/modified cars indirectly susceptible to it by the default of adding parts…
great vid and i couldnt agree more tbh. ive owned a few fox's over the years. i just bought a 91 gt 5spd w factory sunroof 2 days ago. i looked high and low for one let me tell you. i got a stellar deal as well. it has 0 rust and i mean 0. 120k miles on it and engine is stock aside from shorty headers. has full exhaust short ,throw shifter, cervini twin turbo hood, cobra rims, 410 or 11 gears forgot which. its black w gray interior but was originally red. paint is good on the car thankfully. guy i got it from owned it 25 years. i checked everywhere for like a month trying to find a decent one. i literally could not find one that both the price and the owner werent high lol. i pretty much gave up looking as well. then out of sheer luck i found this one. it needs a headliner currently which is no big deal. it also has shaved door handles. problem w that is he lost the remote for the doors. trying to figure out if i can buy a remote rather than buy a whole new door popper kit etc. i paid 5700 for it and was happy to do so. the seats only need cleaned but no rips or tears etc. it has the really nice cloth seats in it too w leg supports. i was happy as shit to find a clean car for the price i did. being rust free and not have tons of issues or need a shitload of work was a bonus. i know its 2 yrs later but i hope your buddy just waited. if you got cash the only thing you need next is patience. you'll find the right car and deal it just simply takes time. 4k for that id tell that dude pound salt. the price wasnt the only thing high there for sure. take care
Congrats on the car my friend
So much truth to this. I inherited my dad's decrepit 89 GT vert that has been in the family since 1993. I had in my mind that I would put about $2500 in it just to make it driveable and presentable again... fast forward 2.5 years and I ended up having $7000 in a car that wound up being much nicer than when he originally bought it. But it still needs a new top... I hate to imagine how much that's going to cost.
Lol - it’s crazy how fast it goes hey!? Thanks for reaching out bud 🙏
I agree with you but I cant see paying anything near what they want for new vehicles now. I would rather have a fox body than any other car period. I like the GT better than the coupe so I would pay more a hatch than a coupe. Thats just me. Some people like convertibles and some hate them. I think they are cool and would like to have one in addition to my GT. It is a hobby that you really cant make money on. Its more or less the memories that surround the cars than the car its self. I just enjoy piecing my car together a little at a time the way i want it. I almost hope I never get finished because that would end my fun! Im just glad that these cars are still getting noticed and appreciated.
Well said buddy!!!
Thank you. Well done. I’ve owned a few 5.0 Mustangs and 1 Capri 5.0. Honestly I really only liked them because they were cheap,lightweight and relatively easy to make fast, if you’re pretty mechanically inclined. These cars are really slow in stock trim. Cool if you want to get embarrassed. If you want to get anywhere close to having a reliable 12-11 second car be prepared to spend time and thousands of dollars. The market is ridiculous right now. A lot of em out there with rusty strut towers sloppy torq boxes and the notorious foxbody lean etc. If you’re not familiar with these cars please get a second opinion if you’re gonna buy. God bless and go 5.0 💨🤙
Well said my friend! Thanks so much for reaching out 🙏👍
There is a large automobile consignment shop right near me. It is stuffed with specialty cars that owners have spent small fortunes on. Now some of the owners are trying to sell their cars to raise cash. The sad fact is most of those cars will never return their original investment. The only people making money are repair shops and aftermarket parts houses and paint/body shops. My theory is that owners are overpaying to build their dream cars. Hence there is no way for owners to recoup their investment. If I'm correct, the only good options for acquiring a cool car is to buy something up to five years old that doesn't need repairs or to buy something brand new. The only exception is an older car that is rare and highly desirable and not needing major repair.
Ya there's lots to talk about on this one!
Agreed, I’d love to be in on this discussion.
Yeah buddy - for sure!
I waaayy overpaid for my 93GT coupe from a dealer across country. Car ran but lacked power. Had low compression on 3 cylinders. Turned into a 408ci stroker build. I stand to lose at least 50% of what I'm into for now. Biggest financial mistake of my life. Hopefully i will love the finished product because I currently resent and hate that car. Getting scammed really sucks.
That sucks...
Great job, you are spot on! It will be interesting to see where the Foxbody market settles out. I've owned at least 5 Foxes and now currently own an 88 LX 5.0 auto with only 98k miles.
Thx sir! Yes I agree 💯. Your 88 sounds like beauty!!
I’m definitely in on this conversation.. don’t let me miss it !!
Yeah buddy!!! I'd be honoured to have you join this chat as you can share some serious depth on this topic!!! You've got one of the nicest properly restored coupes in North America. I would argue that its definitely one of the top 5 nicest foxes ever built 👌
@@KASLCustoms make sure you Let me know when you are doing it so I don’t miss it ..
Will do brother!
So funny but true, totally different levels to this. I am always in the market as well as always selling to make room for another but I get people all the time that send me a car and say well I can buy this for 20. I tell them to go buy it. Originality can not be duplicated with these cars. Peoples best bet if they are not mechanically equipped on restoring one themselves is to save and pay what some say is full price today but certainly won’t be full price tomorrow. The major perk to this is you get to enjoy your investment right away while the price will continue to do nothing but rise. These fine examples as you expressed like the Bimini are essentially priceless since there is none left and the ones that are, are mostly traded amongst the collectors and never even advertised at this point. As long as I’ve been driving I’ve owned a fox and I just say it’s finally nice to see these cars being appreciated as they should
Well said my friend! I agree 100%
I have a green 92 notch all original notch parked in my socal garage for 20 years sitting next to a black/tan vert I bought new in 88. I see these vids and think I should sell them, have to look for the titles but then get side tracked with my business. one time a contractor pushed the notch outside while working on my house, when I got home there were sticky notes all over it asking to sell
Hahahaha that’s too funny. I’m hose sound like beautiful cars. I too would be interested but it sounds like you have enough interest without me putting my name in the mix 😉😂👍
I thought about this for a while, I could get a clean straight 4 banger swap it and have a sweet 5.0. But I thought about all the work getting good quality parts and I decided spending the money to just buy a super clean factory 5.0 and its honestly the best decision I've made in regards to cars LOL
I like it buddy - we think a lot alike 👍
I took the 4 banger route. I found a 87 notch, 5 speed, 78k miles. New paint and looks and runs great! The deal is it had run lol unlike my other two hatches that just sit around. Sold one hatch and I have the full 89 GT to scavenge from. Its going to be a turd for a while but it will keep me busy :)
@@jamessalter676 nice man! Yeah I’m no mechanic so all the work and parts would have killed me lol I love my 5.0 it’s an 89 gt paint is near perfect and factory! Got the Gt40 set up too I’m planning some other things out for it
Right on bud! Love hearing these stories!!!
The works the killer not the pricing. 4k for a 4 banger. I can get a 5.0 with gt40s an sn95 rear end and spindle for maybe 1k rebuilt. A trans of your choice. And wrap it instead of painting it. You've got a clean running fox for what 7500 dollars? You want paint instead if you do it yourself add maybe another 1500.
You nailed it! Even us guys that do it ourselves are feeling the pain. 1/2 gallon of base, 2 qts clear, and hardener= $600. That's just the base/ clear! Hell, a roll of 3m tape is over $8.
Amen brother! 👊
You're 100% correct. The value of these cars have gone a little too high too quickly but people really like these cars. You know that people will go crazy when you're driving down the road, I mean I've had a guy almost fall off his bike because he was so excited when he saw my car. I drove around in a 67 Camaro rally sport and didn't get that kind of reaction. That's a fact. But I also think that the guy selling the tired old Fox body for $4,000 is selling it for much too much money. Something that needs that kind of work should not be selling for that high.
Well said my friend! It’s funny you mentioned the 67 RS because I actually referenced a 69 Camaro in one of my edits but I cut it out because I thought I was getting a little too dramatic 🤣🤣🤣
The live stream will be very interesting hearing others opinions and thoughts. These car are very unique and holds a special place with us.
Sounds good my friend! I will definitely set one up 👍
I love how everyone wants a cheap mustang..
At the same time they are opportunist whom will turn it for a buck in 2 seconds.
Who says you have to fix it up? Drive it and enjoy.
My best buddy bought a 1989 Saleen SSC for 6 grand and it only had 35,000 miles , he got a hell of a steal with that one ✌️
Wow I’ll say!
@@KASLCustoms he had to have some paint corrections and put the interior back together but that is expected with a car that old
Agreed.
You are absolutely right, and I agree.why pay good money for a fox and turn around and put thousands in it, which you would never get back. I like your videos, keep it going. Jim
Thanks Jim! I appreciate you reaching out!!! will do
I think it all depends on the buyer…for me I was looking for an unmolested, stock, rust free fox body with a T5 trans. It was amazing to me that it took me over a year of searching to find one that checked just those boxes. I am a purist and like to keep things stock and am willing to pay more for stock than I would for a built fox. I tend to think that I may be in the minority on this as I see so many foxes turned into drag cars, which is fine but not my cup of tea. With what I paid along with all the work I had to do to get her reliable I am right at 20 grand and that’s me doing a lot of the work on my stock (minus exhaust) 87 vert with a little over 100k miles with a clean title. I know it’s not worth 20k but I also never plan on selling it so it’s worth it to me….great conversation and great video as always! It would be great to have a conversation regarding this in a live video!! Would love to hear others opinions…
Thanks for sharing buddy! You bring up a very good point that I actually kicked myself for not mentioning (I thought of it while editing the video), and the point is this: NO amount of time OR money can ever replace the enjoyment one gets from working on their car. So in that case, I say poor all the time and money into it you want because for folks like us, its cheaper then a shrink 😉😂👍
Absolutely right brother!
Yep well I had bought a 87 conv. 5.0 back for 3k which I think was a great deal stock engine was strong but it was lowered and because of that it had a total damage to the whole exhaust system and that alone ran me 2500 to fix brand new parts the top cover leaked everywhere I was going to get it fix was asking crazy $$$$ tofix it . The fuel tank leaked because it had been lowered in a a cheap way ✂️ the springs the weight of it caused the rubber ring around the fuel intake pipe that goes into the fuel tank to get sliced and chewed up and caused the fuel sensor to get knocked out of wack me and my buddy fix that are selves to save $$$$. But I decided to sell it after just three years of owning it because man it was getting expensive to fix and my money was not good at the time plus i really wanted a hatch back but the crazy prices my brothers and sisters are asking for wow I mean I put another 3k into the car and still had major issues to fix and this was back in late 90s. The body was perfect and the paint perfect that save $$$$. But to the topic if it is not clean and in perfect condition it is going to cost a lot of money to fix so please keep that in mind when we are trying to sale it. Shoot after a 6-7k investment I sold it for 1,800. I looked at it as a learning experience and now I know what to look for when I buy another foxbody.
Well said! Thanks so much for sharing 👍
So glad I got my fox at 5. I could have got her lower but I still got lucky, that 5.0 still runs like a beast
Yessir!!!! Congrats once again buddy!
Good friend of infamous here. Although many, the main reason Foxbody pricing is looked at sideways and is misunderstood is due to uneducated and knowledge of why certain cars climb in the first place wether it’s a Foxbody or not. It all stems from there; uneducated in what makes something valuable and what doesn’t, why two exact model cars can be priced significantly different etc.
Thanks for reaching out bud. I would love to hear more on this!
Crazy as prices in az for cars and paint jobs
Interesting topic... I just bought an 87' GT Manual and a SunRoof, decent paint and Cobra wheels, it was running car for $4K.. I drove it home but engine was indeed tired at 155k...great body & Interior, ok so it's been about 3k later or so and now it's a fresh engine, E303 cam, GT40P heads, same stock TRW forged Pistons, now with new tires, but I went holley Double Pumper Carb... Speed density stuff was all a mess.....Kick-ass Fox for under 9k! In 10/2022... 😉 guess it's worth 13-14k? Who knows....... I do all the work myself....
Thank you! That is awesome. Good find 👌
@@KASLCustoms Thanks!! Love the Fox... but I love all kinds ol' cars....
Me too!
👍🏿👍🏿this topic definitely should be talked about. You're touching on a important thing in are foxbody community.
Right on I am glad you agree my friend. Stay tuned for the Live chat. I will try to do it at a time that is convenient for folks no matter what time zone they are in 👍
Hey man ! Great video ! I think it would be great to chat about it on a live stream I personally am from a little town in Cape Breton on the east coast of Canada and most cars here start at 10 grand and go as high as 20 ..most of the cars for that price are cream of the crop real show quality..look forward to watching more of your videos
Thanks buddy and hello from the West! Stay tuned as I think this live stream is going to be a beauty!!! 🔥
50 yrs of experience
Basic rule of hotrodding:
ALL hot rodded stuff are 4x4s.
Gonna cost you 4x as much and take 4x as long.
Face it.... when you start rolling a snowball it gets bigger.
Then you will change your goals and add more stuff, more power, $$ paint, custom interior, more cubes, suercharger, wheels, etc etc.
4x4 👍
Lol I really like the “4x4” analogy 🤣👊👍
“The interior’s probably never been farted in” funniest thing I’ve ever heard😂👍🏻 well my gutted project roller 1986 T-Top coupe was probably farted in a million times😝😂
🤣🤣🤣🤣
Grabbed my 89 last Tuesday. Needs floor pans. Gonna be an expensive build. Not gonna get rid of it, so money dosent matter
Congrats buddy!
Hello Mustang lovers. This is Ted from Texas. I have had 4 Mustangs in my life. The one I currently have is a 1984 Mustang GT350 T-tops. It was a garage car in Austin Texas and now it is in San Antonio Texas. It's up on the road and driving but still needs a lot of work. Still paid good money for it. 5,500. Most of the car was in good shape. But it's sat for a long time he ran the car but he never moved it. But she is doing good now. I named her Betty White. Being that this is GT350 it sounded like a good idea to name it after her. Good show my friend thank you
Hello sir! Thank you very much for taking the time to reach out and share. Ms. White sounds like a feisty old gal - I love it!! Thank you for the kind words and keep us posted on the progress of Betty 💃
I’ve got a 84 GT350 5 speed car, she’s for sale.
Very nice! How much are you asking?
@@KASLCustoms good morning. My Mustang is not currently for sale. But thank you for reading my comment
@@KASLCustoms 4 grand. She runs and drives needs paint, rust free car
I have had foxbodys for cheap in the past. My first was a 4 eyed mildly built 5 speed, I got the price down to 1500 usd, I only had 1200usd and no car. My co worker dropped me off in a walmart parking lot where the meet up was gonna happen. The owner showed up and the fox had no brakes!! He was using the e brake to stop lol. He ended up accepting the 1200usd that I had and actually gave me 300dollars back and said to me, go to auto zone and get some brakes. So all in all, 900usd for the car, daily drove it for 2 years. Had cruise control and everything. It was great.
Wow that’s crazy!!!
I remember getting my 92 GT Hatchback in 1997 for 4500! They wanted 5400 with new brakes, but I bought beforehand and replaced brakes myself for 450 & purchased car for 4500. I put headers and custom exhaust, cobra R wheels, superchip for 50hp, and sold it for 11K. Wish I never sold it
Yeah I bet! You definitely wouldn’t be able to buy it back for $11k 😢
An original 4cyl car should bring $4k if it's mint. No matter how great you make it, it will always have a 4cyl VIN code so only a select set of people would be willing to ever shell out real money for it if you wanted to eventually sell it. Coupe or not your friend should hold out for an original v8 car - they're out there.
Back in 1990 a friend got a 1989 5.0 Notch for $10k with mileage in the teens. LOL Everyone hated Notches back then too.
Yup agreed!
Lol that’s awesome!!
Your absolutely right. Last week I found an 87 coupe lx 5.0 abandoned in a rental car back lot. It’s scarlet red with the cheap red interior and auto transmission. I found the owner and he told me he bought it from original owner and it’s never seen an Ontario winter but hasn’t been started in a year. Car has 80,000 original kms. It needs paint, the interior reassembled , the drive train probably re sealed and a 5 speed swap . I offered $4000 which I thought was fair. He was not impressed , do you think that was a good price to start. I definitely wouldn’t go over 5 grand for it.
Oh wow, I dont think that’s a bad deal at all! Good luck with it and let us k ow if you get it 👍
The same is true in the Trans Am community. It is disheartening. 20 years ago I sold my 79 TA for an embarrassing cheap price by todays standards thinking that I could eventually get the 4spd. model that I really wanted. Rusted out junk with no engine and transmission is selling for more than I sold my rust free, damage free TA for. That car now is going for $16-!8,000.00. So I decided to try and find the 1990 Fox body 5spd. That I used to have. It was a beefed up police package. I found it but the new owner isn't interested in selling, he wants to fix it up and get involved in the Mustang road rally community which I am happy for because it has sentimental value to me, so I am glad it has survived. Looking around I have since learned the Fox body has exploded also.$$$$. What it has come down to is the value is based on what anyone is willing to pay. The days of finding a decent vehicle at a reasonable price is a thing of the past. Unless gas gets too expensive to drive them, personally joy riding has already become a thing of the past for me. I wish you all well in your pursuit in finding your dream car. But the gentleman posting this article (KASL Customs) is correct, don't invest alot in a vehicle that you won't get your money out of.
Thanks for sharing sir - much appreciated. Funny you should bring TA’s as we are doing a ground up resto on one right now. Actually just dropped the 400 in it yesterday! You’ll actually see it in the background of some of my videos I film at my shop 👍👍👍. The only knocks on this car is it was an auto and a hard top car originally. All of that has been rectified now 😉👊
Bought my 93 blown Dart based hatch for 10.5K in 2018.
Turned down 25k twice now.
I agree 100 percent
👊👊👊
I remember back in the late 90's early 2000's when I never thought I would get anywhere near what I had invested in my car. I at one time kept a running total of everything bought and sold for the car in my tool box at work so the wife wouldn't see it 🤣 but it just got ridiculous so I stopped lol
hahahahahahah - thats awesome! Good points as well 👍
That would be great if you do a live stream 😄 foxbody community ❤️👊
I’m on it!!! 🦊❤️👊
Live Chat topic suggestion...how about helpful manuals and books. I just discovered and purchased a used 1988 vacuum and electrical troubleshooting shop manual. Life saver. What other books/manuals are out there on these fox's...ps Fraser Velley guy here....love seeing a close to home foxbody tuber!
Right on - thanks for reaching out buddy! Do you own a Haynes Manual? If not, they are a very good resource 👍
I have a friend who is planning on selling his very good condition, 92 foxbody gt for 7 grand sitting at 70k miles and I'm interested in buying it from him. I really want to get it because it sounds like such a fun car. I've seen very similar foxbodys selling for around 10 grand and they have a lot more miles
That sounds like a very fair deal! I would definitely entertain 👍
Good investment if it's in good condition
Wow.. 3000 for a good paint job back in the day. About 2008 a good paint job was around 25 grand.
Facts, you never get all the money back you put into it.
Well said my friend!
Hey man, dont ever apologize for expressing your opinion, everyone has one and if someone cant handle it, now thats not really your problem is it?
hahahaha true story buddy!
I'm painting an 89 notch I found in a salvage yard that was the owners personal car so clear title, that was stripped to the bone. I paid a grand for it, and it was a shell. But i kid you not it doesn't have a grain of rust ANYWHERE. I've already got 2k invested in paint and body doing the work myself. By the time I'm done I'd amagine I'll have somewhere near 10k optimistically running and driving but we all know how that goes.
Forgot to mention I'm 27, I watched my dad flip these cars for years for pennies. Now I choke whenever I buy a part from someone 🤣🤣
Hahahahaha - so true hey!?
I have done a coyote swap as you know. I would just find a clean 4 cylinder that doesn’t need paint and body. Spend the money on the good paint and body so you save that $5k to $10k in paint and body.
Good point bud!!!
I 100% agree with you...but anything is only worth as much as someone is willing to pay for it and I have seen some crazy purchases this year. I think it is a sign of hyper inflation, low interest/easy money, and shortages in the supply chain. 1 1/2 - 2 years from now I think the fox body market will correct and there will be many people sitting on cars they will have to take a loss in. You'll have a flood of cars later from those individuals who refused to sale due to the loss 15 - 20 years from now as they die out and their families liquidate.
Interesting theory for sure. I think that the Foxbody cars are going up in value just in general, however there is no doubt in my mind that the parts (Paint, interior, engine parts etc.) are definitely susceptible to inflation and helping drive the price of the more modified foxes up for sure. Thanks for reaching out and sharing!
I wished every foxbody owner would see this video
Me too - Please share far and wide 🙏
When rich dudes started chasing muscle cars after the 1987 stock market crash, a big benefit for all of us was that demand created supply. No longer did you have to tear apart a clean 383 Mopar to save a rusty 426 Hemi--you could even save a 340 Mopar with resto parts. so how do you handle the rise in Mustang prices and the market in parts it creates for you? real simple--go buy a Thunderbird and enjoy all the same go-fast parts out there. Even if you found a low mileage Mustang, its rubber gaskets and fluid are so wasted by Grandfather Time you're looking at a rebuild. I've owned both Mustangs and Turbo T'birds (ie clutch pedal models) so I can tell you...a T bird doesn't weigh as much as you think, it rides far better, it doesn't sound like a tin can when you close the door, it won't get rode hard and put away wet like the average Mustang so there's less you have to repair (like torn out torque boxes) and you get the lower control arms you put on a Mustang to get negative camber without buying the aftermarket plates. Slap on whatever Mustang parts you want, attract less attention from the cops YET get MORE attention at car shows with a sea of Mustangs needing Lambo doors and clear taillights to stand out.
Oh, did you want a lightweight rather than a street machine to go dragging? Then find a Fairmont and do the same. Want more luxury? go find a Cougar or a Lincoln Mark VII.
Hahahaha I like it my friend!!!
@@KASLCustoms thanks :)
I have an 88 GT Vert… white with white and blue interior. all original with 34,000km very hard to not touch it, don’t wanna ruin the value cause I know they’re hard to find unmolested
Wow that’s awesome! Very low mileage. I’m sure it’s perfect 👌🦊
I bought mine for 5K it was rough but it was the only way I could afford to own one. Ive been finishing projects on it to get it to where I want it to be. I'd never sell it it's the car I've been wanting since I was a kid in the late 80s
Right on buddy that’s awesome!!! 👊
A 4cyl car is good for parts or if doing a V8 swap and building a race car only. IMO. Maybe just maybe if the body and paint are perfect but it’s usually not with time and/or money.
Good point buddy. Most 4cyl cars were winter driven etc so the bodys tend to be beat up pretty good
Thanks.I got a red 85 gt last may 11,200.5 sspeed fun
38 k miles
Very good buy!!! Congrats
Prices have been steadily going up for better part of a decade. May of 2020 I picked up an all original down to silencer and date coded wires 1986 GT 83000 miles for 4200 bucks. They guy could have got way more in my opinion. I know have more than twice that into it.
Oh wow - thats a VERY good deal. Well done my friend!!!
Truth is, there's just nothing quite like a Fox....
💯 👊
I feel like if it's all original should be between 20 and 40 thousand, if it has upgrades and has some miles on it but it's nice feel like it still should be below 15 and atleast 10.
Yeah you’re probably right these days 👍
1990 Lx with 72k og miles everything oem can’t wait to pass it down
Nice!!! 💪
The prices are not out of control. They are actually still really cheap. Let's look at basic math. 1990 GT Hatch was 14k original sticker price. Adjusted for inflation it's is $29,626 dollars. SO if you see a mint FACTORY one for sale the price is still close to that. That means the car didn't appreciate in 30years! It's selling for the same amount of money! It SEEMS like ALOT to the average idiot because they can't comprehend why a car 30yrs old with 30,000 miles is selling for 24k. It's the same number it's just adjusted for inflation.
Cars are not good investments. Lol just enjoy it and don't think of it as a money maker, but a smile maker.
That’s facts!!!!
I’m looking to buy a 91 lx. Engine rebuild and built AOD in 2020. Definitely not original but built. p1sc, e303 cams, other supporting mods. Minor damage to hood and roof from hood flying up. Supposedly around 1000 miles on build. Does $7500 seem way to low on this?
That sounds pretty good bud!
Foxbody will continue to blast prices and it should so just imagine I have a foxbody saleen so you know I'm in a whole nother League!!!!!!!!!
It all comes down to supply / demand AND what ever someone is willing to pay....
yes, very true
I'm all in on continued increasing prices. It won't last forever but probably has a decade more at least or until our generation gets too old to spend the money they earned. Its nice to finally be into a car I can improve and not be upside down in value. I couldn't justify the spend if that wasn't the case and its why my 90's Roadmaster wagon barely gets ahead year to year. If its totaled in an accident I can't replace it or recover the money in it. The fox, gets stolen, its wroth more today than I have in it.
Realistically the cars are worth exactly what people will pay, not a dime more or less. That said if I did have to sell it I care enough to make sure it has the right home at the right price, but won't put that expectation on anyone else's shoulders.
Very well said buddy!!!
The reasons most can’t sell a fox body is because all the money we put it in them we can’t just say hey never mind I just spent $15k in restoring is but you can have it for 10k… 😮 he’ll no if you want one go buy one and you do all the hard work yourself and restore the car but mine if you want it yes it’s for sale $25k take it or leave it don’t matter to me ….. I know what I got in it and ain’t just going to give it away….
Right now they're very popular so Naturally product in demand will rise. I wonder if they'll go back down if the demand decrease?
It will be interesting to see what they do over time for sure!
This depends from country to country i sold my foxbody to i friend and it needs a paint job but it will cost around 800-1000 $ in my country. The issues are spare parts are not available all time it needs to be import and it will take time.
Interesting. That is a very reasonable price to paint a car!! Thanks for reaching out
Well you just took the fun out of Fox body’s..let’s all just move on to the pinnacle of Mustang, the New edge sn95s..🤣🤣🤣
hahahahahahah - I love it 😂👍
Its not the guy charging $4k for the car or mechanic, PAINT prices are the problem....
Good point pal!
The only 4 banger cars that should even be considered for a 5.0 swap are the ones that are already minty on the inside and out and just need the swap. Beyond that it just doesn’t make sense to do all the body and mechanical I don’t care how cheap.
From my experience recently. A descent notch is hard to find , most have been cut up and caged so finding a V8 notch that's under 3500.00 and hasn't been cut up is like finding a moon rock . I found a 2.3 notch that was blue with blue interior that was basically perfect inside . It needs rockers that's it for metal . The car was 1800.00, running and driving with 150k miles. I'm doing a coyote swap so I didn't care about drive train .. In the mid 90s to about 2010 you could get these cars for 500 to 800 bucks all day long . so when I started looking a for a project, I started laughing when i saw these ridiculous prices . something that has drove em up is guys doing l/s swaps .Since GM stopped making performance cars in early 2k they have nothing to build , They are not interested in the foxbody , mustang or Ford . They just want a light easy to build racecar . so if you're interested in the foxbody as a restoring project and are in to mustangs then the price of these are going to continue to climb which is good if you have one already
Well said. I agree 💯
Prime example look at my car.. bought for 3 grand site unseen.. 12 g later... and yeah
Lol - yup it’s true my friend!
you hose someone fore $4000 for the same reason someone hoses someone for a mid teens on a car you put 24,000 in I would never restore one waste of money unless you can do it all yourself.
I got my 90 gt hatch back 93k miles for 3600 not too bad
Oh wow no kidding!
People asking for for these than 60s mustangs
8K for painting materials? I just painted mine candy cobalt blue and it cost me a little over 2 grand. I bought a quality paint gun for a grand and painted it myself. I bought a 90 couple 4 cylinder and bought a wrecked 95 5.0 5spd for a grand and a turbo set cost a grand. I paid $ 700 for the car. I have around 5 grand in my car total so far and it is awesome except the interior is still red and a set of wheels and tires is on the list of the next things I want to buy for it. Maybe you should rethink your strategy.
can i get you to paint mine!? LOL.
@@berardoferrariWhy the LOL? I just recently painted my dually for example. 2002 Chevy Duramax dually. Total materials was $2,450. I painted it myself with 4 coats of base and 5 coats of clear. A week to prep and prime and back together another week.
@@robertelee6712i wasnt joking. im looking to get mine painted next year, but i dont know who go to.
I just bought a 93 gt vert for $24k usd , 23000 miles
Wow - thats low miles. Sounds like a nice car!
@@KASLCustoms I hope so, I'm getting it this week, bought it from the usa. Impossible to find these cars in good shape in Canada lol
If that coupe was an original 5.0 and decent body then it’s worth 4000 all day but I agree the fox tax is fairly high on that one
Yessir - so true!
only $4000 ??? thats cheap!
I'm trying to buy a 79 Cobra trx sunroof turbo 4 Ghia interior no decals or spoilers original paint in so so zero rust indoors 35+ yrs for a good price
Oh wow! That would be super cool. Good luck 🙏
You forgot to mention the biggest hurdle when you get into the thousands.....the wife! Not to mention divorces , arguments, explanations about Bank statements. But all in all they are special.
😆😆😆👍
Canadians are just too nice!
I agree, when I got "back into" a Fox, some 20+ years after I sold my first, I looked for a long time. Paint, Mods, Originality, Engine shape, I looked at a lot of things before settling on one, almost 18 months! Honestly, I don't want to do it again, I own the one "I want". But I bought it just about 3 months before the upswing in prices came. I got mine for the "old prices". No way in hell are those prices ever coming back. I'd say, do your homework. Think about"what" you can do yourself opposed to what the garage will need to do for you. Just like a House, if the foundation is bad (body, pans, frame), you're going to be dumping a lot of $ to get it right and the return will not be there.
If it's looks like a POS, it most likely IS a POS.
Lol it’s part of our nature 😆👊. Well said buddy. I’m Glad you got yours when you did 👍
Amen to that pal!!!
This might be an unpopular opinion, but I am all for these foxbody prices going up. Yeah, sucks for the guys trying to get in now, but great for the guys who have been in the community for years pouring blood sweat and tears into their cars.
The example that you gave about your buddy picking up that car for $4000 - I’d like to point out that the car may not be worth $24k after the paint and engine work has been completed. But…the car might be worth the $4000 he paid for it. It would be your buddies option to invest the $20k to bring it up to a condition he is happy with. Whether that condition is worth $24k or not, it was his option to do that. The market doesn’t have to correspond with conditions and preferences of said owner…
Maybe we can argue whether the car is worth $4000, but the price delta would minimal. If it’s only worth $2000, then your buddy is in the hole for $2k… a lot less then if he willingly invested $20k…
Good points my friend!The only point I would ad to all this would be the comparison I made at the end with the car that is already worth $24k when you buy it. That in my opinion is worth the money all day. Spending big money on a car that needs big money just doesn’t make sense to me. I totally get what you’re saying tho 👊
Wouldn't getting one with a 5.0 in it originally be worth more than doing a swap? Does matching #s matter on a fox?
Yes, in my opinion I would think so 👍
Over pricing isn't just foxbodys. Have you seen prices on old muscle cars? Even junk rusted out ones are overpriced
Seems to be a trend with everything these days…😞
I want a foxbody so bad
👍👍👍
All original examples will and should bring the big money. Rust free and unmolested coupes are where its at nowadays as most of the coupes that no one wanted in the 90's got gutted into drag buckets so there probably arent as many out there that are cherry originals.
Gt's will probably be worth the least except for the cobras. People are throwing together a lot of 4 cyl cars and asking big money to cash in. Those are the cars that the newcomers that dont know much can really get burned on. If you want a nice one and can afford it get a low mile original....DOCUMENTED originals because the odometers are of course only 5 digits.....lol.
All very true! Our Canadian cars are 6 digit odometers 😉
It's like land, they ain't making them anymore...🤣
Quit making 4 bangers into V8s!!
Put a turbo on the 4 banger and save 10k.
Lol it’s true!
Paint for 10k?
Check out the rarest barn find #foxbody mustang ever in my video. Speaking of prices did you know in 1989 a Mustang GT was $15k and the Saleen SSC was $36k? I believe these cars are copying the 60’s muscle cars before them and rare foxbodies will be $$$$ in the future. Nice video I enjoyed it, let’s collaborate
What would u ask for that convertible?
sorry its not for sale
Lol I got real lucky I traded my 99 gt for a 93 reef blue 5.0 5 speed hatch.
Nice trade! I love the new edge style too. If I had to pick one platform outside of my fox, I think it would be the new edge. They always catch my eye in traffic 👍
want to paint my 84 convertabl what are the paint codes on your car
The paint code on my green Coupe is PA. I'm not sure what the paint codes are on the convertible but I do know that the top color is wild strawberry. I have searched for the bottom color a few times now but have not found anything that resembles it...
If I'm going to buy I want it cheap, but if I sell I want alot for it.
LOL - very good point my friend 😂
There has been SEVERAL built notches that have gone well north of 100K...six figures.
It's easier if you stop using dollars as your denominator and use bitcoin.
Last year 2 or 3 bitcoin bought a sick fox body... now you can get the same car for less than half a bitcoin.
Prices are falling like a rock...down 75 or 80%
Just like real estate...you just need one buyer.
Lots of used car clowns out there hyping LMR etc..lining their own pockets trying to hype up prices.
BUT..slap a "Cobra Clone" badge on it..now it's 8k. HAHAHAHA
And your right..not worth the effort/money.
That rust bucket belongs in a junk yard.
Stock old school is where the money is...DP
Yeah its true. All that said, I find the real estate analogy interesting. Long story short, my neighbors place is up for sale and it is listed approx $200K more then every other home for sale. Funny enough, its been on the market for over 60 days and not a single bite... He has a similar idea in that "it only takes one buyer..." which I totally get, but I think the odds are stacked against you...
@@KASLCustoms it's all location location location..
Had my Chinafornia house for sale 25k over others. sold, Yup It only takes one buyer!. I now live in Merica! DP
Hahaha true
over 15 grands for a 30 yrs old car?