Brought to you in part by:

Great deals on auto restoration supplies!


JC Whitney clearance center!

  Mustangsandmore Forums
  '79 to '93 -- The Fox Mustang
  1988 Mustang Value

Post New Topic  Post A Reply
profile | register | preferences | faq | search

next newest topic | next oldest topic
Author Topic:   1988 Mustang Value

Posts: 3652
From: Lusby, MD
Registered: Jun 99

posted 10-05-2004 10:40 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
I have come across an '88 GT Hatchback that I'll be selling on behalf of someone else (long non-pertinent story). Car is in fair condition. Lots of little things cosmetically wrong with it. Sunroof needs new weatherstripping, chips on paint, interior is worn, horn doesn't work, hatch shocks are shot, etc. It has a new clutch and runs strong. It has about 90k on it, but it does have a slight oil smell if you really get on it.

What's the consensus on its value? Body is solid by the way. KBB is calling for $1450 for "fair" condition for a private party sale. That just seems really low to me. Knowing that the '88 has the forged engine and the popularity of the 5.0's, this just seems out to lunch to me. Am I too biased?

It has ghost flames too!! Tasteful ones too!


'66 Coupe C code
'93 GT 'vert (AOD to T5 swapped)

IP: Logged


Posts: 388
From: Buffalo,NY,USA
Registered: Jun 2003

posted 10-06-2004 10:32 AM     Click Here to See the Profile for 73torinoqcode   Click Here to Email 73torinoqcode     Edit/Delete Message   Reply w/Quote
I just sold a 93 5.0 which needed a bunch of body work for 1500. The engine, tranny and rear end were solid. If the car needs a bunch of work I would think between 1500 and 1700. You figure you can find a real nice car for about 5K which will basically need nothing.

IP: Logged


Posts: 26242
From: Lyons, IL, USA
Registered: May 99

posted 10-06-2004 10:39 AM     Click Here to See the Profile for Moneymaker   Click Here to Email Moneymaker     Edit/Delete Message   Reply w/Quote
95% of 5.0 Mustangs are sold privately.
They generally sell for twice "book" value.
KBB or NADA only reflect reported sales via private auction or dealers.

Alex Denysenko
Co-Administrator and Moderator

NHRA/IHRA/SRA member and licensed Superstock driver
MCA member# 53321
NHRA and IHRA SS/LA & SS/MA National Record Holder '00,'01,'02,'03,& '04
First SS/MA in the TENS!
IHRA division 5 Superstock Champion
Fleet of FoMoCo products including 88 ASC McLaren Mustang #28

The Barry of BarrysGrrl

Quote #1: "I never met a magazine mechanic I liked."
Quote #2: "Make sure brain is in gear before engaging mouth!"
Quote #3: "If you can't run with the big dogs, stay on the porch!"

IP: Logged


Posts: 3652
From: Lusby, MD
Registered: Jun 99

posted 10-06-2004 12:29 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
Body on the car is solid. Has plenty of paint chips, etc. but no rust/damage. Lots of cosmetic/lock/electric issues.

Should I ask $3000? $3500? $4000?

IP: Logged

[email protected]

Posts: 839
From: Lakewood, CO, USA
Registered: Jun 2001

posted 10-06-2004 01:18 PM     Click Here to See the Profile for JCQuinn@work   Click Here to Email JCQuinn@work     Edit/Delete Message   Reply w/Quote
You can always come down on price. But it's hard to go up when negotiating. Place it about 500 above what you want and see what happens.


IP: Logged

All times are ET (US)

next newest topic | next oldest topic

Administrative Options: Close Topic | Archive/Move | Delete Topic
Post New Topic  Post A Reply
Hop to:

Contact Us | Mustangsandmore Front Page

Copyright 2005, Steve LaRiviere. All Rights Reserved.

Ultimate Bulletin Board 5.47d

Amazon Honor System Click Here to Pay Learn More

[Build a free Home Page!]

[Posting Pictures]

[About M&M][Acronyms][Calendar][Chat][Classifieds] [Members' Pics]

[M&M Conventions] [M&M Mug Shots]

[ Bookstore] [ Smokin' Fords] [Tech Articles]