Quote:
Originally Posted by SeanPlunk
Hey guys,
One of my buddies here at work wants to buy a 1st generation Mustang Vert. for his wife for her 30th birthday. He has a budget of 15k for the car and then can do some work as needed. What should he look for and where? I took a look on collectorcartraderonline.com and it looks like restored examples are in the 22k+ range. Do you guys think it would be possible to find a V8 example in descent shape for 15k? Also, what should he look out for as far as problems, rust, etc? Finally, I'm of the opinion it would be better to find one with the body work done and worry about the mechanical as opposed to the other way around. I say that only because body work is SO expensive. I know it's a lot of questions, but he really appreciates the help. Thanks
Sean
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He wants to look for rust, rust, rust.
Floor pans
Cowl vents
Bottom of doors
Trunk drop-offs
Rockers
Torque boxes
Wheel wells
Quarter panels
I don't know what the market is nowdays, but convertibles are usually more expensive than hardtops. They are usually comparable in price to fastbacks.
The other thing to look at is electrical. These cars usually have had the original harnesses butchered through the years and can be an electrical nightmare. I completely re-wired my 65 convertible.