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Buying a Mustang

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Old 10-01-2007, 03:33 PM
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pwrl3ss
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Default Buying a Mustang

Hi all,

I wanted to buy an 05-07 GT, but with money being a bit tight I'm starting to look into maybe going with a 65-68 fixer-upper. I found one (I haven't seen it yet) for $900. It's a 68 coupe I6/C4 (engine runs). The guy says it needs a new fuel tank and it has some rust on the driverfront and rear quarter panels. I asked about the frame and floor pans and he said there doesn't appear to be any holes and the frames seem intact.
Ultimately, I would want to put a 302 into it and make it a daily driver (I know there's a whole list of other parts that need to be replaced). I would want to try to tacklemost of work myself (except welding anything).
So, assuming the frame/pans are ok, would this be worth it? If the frame/pans are bad, is it still worth it?

Thanks all
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Old 10-01-2007, 03:38 PM
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boogerschnot
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Default RE: Buying a Mustang

Yes.. That sounds like a great price for that car, being an I6.. I would check out the rust in person though and check the cowl for leaks. But it sounds like a good project car, especially if it is running and driving decently..

No,, if the frame is bad.. Depending on what you classify as bad.. You can allways have it fixed..
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Old 10-01-2007, 03:39 PM
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JBradley500
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Default RE: Buying a Mustang

it will be cheaper and easier to just buy a solid 289-302 car and it will have better drivetrain, suspension and brakes right from the start.
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Old 10-01-2007, 03:42 PM
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boogerschnot
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Default RE: Buying a Mustang

ORIGINAL: JBradley500

it will be cheaper and easier to just buy a solid 289-302 car and it will have better drivetrain, suspension and brakes right from the start.
Very correct,, but if you are willing to putt around in the I6 for a while 900 is pretty good..
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Old 10-01-2007, 03:53 PM
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pwrl3ss
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Default RE: Buying a Mustang

ORIGINAL: boogerschnot

ORIGINAL: JBradley500

it will be cheaper and easier to just buy a solid 289-302 car and it will have better drivetrain, suspension and brakes right from the start.
Very correct,, but if you are willing to putt around in the I6 for a while 900 is pretty good..
That wasthe idea. Drive around with the I6 and buy the all the parts I need for the V8 over time. And then once I have everything, do it then.

About the frames, if it has any rust on it, is that a sure sign that it needs to be replaced? What's the cost of replacing them (parts+labor)?

Thanks
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Old 10-01-2007, 03:58 PM
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andrewmp6
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Default RE: Buying a Mustang

inline 6 to v8 on a 67-70 you need 5 lug hubs and brakes front springs and shocks a 8 inch rear end rear springs and shokes v8 motor mounts and brackets radiator. surface rust isnt a problem if its pitted or got holes you got a problem. on surface rust get por15 works great.
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Old 10-01-2007, 07:04 PM
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fast65
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Default RE: Buying a Mustang

It'd be worth it if the frame/pans are ok, but if they're not, then just move on. You can find a better I6 car for a tad bit more and you might be able to find one without any rust. I'd still say go for it if the frame/pans are OK though. Good luck!
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Old 10-01-2007, 08:25 PM
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bluovalguy
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Default RE: Buying a Mustang

ORIGINAL: pwrl3ss

Hi all,

I wanted to buy an 05-07 GT, but with money being a bit tight I'm starting to look into maybe going with a 65-68 fixer-upper. I found one (I haven't seen it yet) for $900.
Classics are great, but if you are wanting to save money and use the car as a daily driver, then I would look at either getting a more expensive car (because it will be more complete) to start, or maybe a newer model. A $900 car is going to need alot of work (money) to stay on the road. If it is just an extra project car, then by all means get a fixer upper, the satisfaction of doing the work yourself is awesome.
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