WOW! 8K miles TWF back on ebay.
If i had the nerve to sell my 65 Chevy step side I'd buy this one in a snap. 8k miles w/ CD and 5speed.
I see where this guy has had it for sale since 2008 (for 35k LOL). Looks like he's getting down to real workd numbers by the auction history.
I guess the only problem I would have buying a car w/o so low miles is that every mile you put on it would be painfull. I would also be convcerned about the condition of the seals and other componants from sitting for so long. It's got the orig tires but they must have flat spots by now.
What do you think?
I see where this guy has had it for sale since 2008 (for 35k LOL). Looks like he's getting down to real workd numbers by the auction history.
I guess the only problem I would have buying a car w/o so low miles is that every mile you put on it would be painfull. I would also be convcerned about the condition of the seals and other componants from sitting for so long. It's got the orig tires but they must have flat spots by now.
What do you think?
Comments
Even if you got a good deal on it now. You both are right you almost couldn't drive it. So you buy it take it home put it in the garage and only get it out to haul it to Mustang shows. These cars don't do well at regular shows most of the time.
Hard to tell at this point what the value of our cars will be in 10 to 20 years or even what this one will be worth.
With speciality car insurance I have only be able to insure mine for $10,000. had to argue for that, they were offering only $8,500. Showing it and a few trophies on the shelf helped. My mileage didn't. Curious, how many have speciality car insurance and for how much.
John's history listing here helped also in setting a base value, I also used it, so big thanks to John for the stats.
20k Triple White in NE for 9k
http://nh.craigslist.org/cto/2840734387.html
I emailed the owner and let her know that I would not make a bid today but if the car is still for sale in June I might ping her. I'll be moving some money around at that time and might have some to spare.
FWIW, she did say that she has the original cassett and mats. The car also has the 4 way power seat. She is not in the MCA or registerd here.
If I make an offer it will not be for 20k.
Just turned mine over 100,000. Insurance renews next Oct. so we will see what they do then. Really expect them to want to reduce the value.
http://cgi.ebay.com/ebaymotors/Ford-Mus ... 500wt_1021
The Cars are in PA and the prices will be far too high!
Hey John - a field to search the auction history table on seq number would be awesome.
Also, why can't the history be sorted by mileage?
I've got Hagerty w/ a 15k policy. At first they did not want to insure it at all. I had to give them some docs to justify the value. I also had to ask to have a supervisor review the request and finally I threatened to take the TW and my 65 Chevy someplace else if I could not have both on the same policy.
The moral here is never accept no from someone who is not empowered to say yes.
(FWIW I have a 12k policy on the Chevy)
When we had our last discussion here on insurance (Do You Believe the Insurance Company Totaled this YB Feature Convertible?) he shared that, perhaps counter intuitively, too high of an insured value can be bad, too. In the worst scenario, you could end up in a situation where the cost to repair your car exceeds its real world value but the insurance company chooses repair vs. paying your much higher agreed value. You end up with a highly repaired car that you might have been better off parting ways with and finding another.
To answer the question on what others have for insurance, my 52,000 mile automatic TWF is insured for $12,000 agreed value through Heacock Classic. Their service has always been great and I have asked for and received increases in the several years I have had my policy with them.
Good catch on the mileage sort. It was a bug. A letter 'l' was where it shouldn't have been. It is fixed now.
I think search by sequence number would be good as well. It has been a while since I have done any development on that part of this site. I will look into it and see what it would take.
I don't think many new cars are worth $20k but apparently they are since that's what sellers can get for them. I did a search one for the cheapest NEW car you could get in America. At that time is was 16k for a totally stripped down POS. Certainly not worth it but someone was buying them.
Goes to show that cars are still never a good investment. Considering that the seller didn't even drive the car very much they would have been better to drop that 20k in a mutual fund and sit on it for 20 years. Hell even 20k in gold stuffed in a safe deposit box would be worth a ton more today.
If you want to make money or break even, find the 10-15 year old car (about peak depreciation), enjoy it lightly and I think you can get your money back if you bought it at fair market value.
That being said, I enjoy the "static" investment of a mustang--more fun to look at than a mutual fund report--though the latter is what one eventually depends on in retirement.