My father and I have had a '65 Mustang 289 3-speed with factoryA/C and pony interiorfor about 15 years now garage kept...my dad bought it from our neighbor after her husband died for $3,000...original title, bill of sale, aluminum keys, the works and it sat covered in their carport for the last 10-years of his life

problem is, it is all original with 40,000 miles on it. we have been contimplating restoring this car and possibly dropping in the 289 from my dad's first mustang (289 HI-PO with ford factory high rises, etc.) but are concerned that it may be worth more as it sits all original than it would restored with un-original parts/components.

what would yall suggest we do? If we sell it, we will probably go for another coupe and restore it to a GT350 Tribute (dad's favorite car)...just trying to get a feel for what yall think all original mustangs are worth vs restored...thanks in advance

 

if its that stock i would leve it along and buy another one, if money permits

 

i does permit...we have been offered $15,000 as it sits but have been told it is worth more. if sold, most if not all would probably go into the GT350 project...my dad is 50 now so it is kind of my perogative to get him into a nice daily driver classic mustang some time soon before he gets old enough to lose interest and just be happy with his deisel

also, any good classic mustang sites yall could recommend me look at just to get a feel for the price we can expect to pay for a restoration...

 

I would restore it!

 

Yep...restore it as is, and then get a new project if thats waht youa dn your dad like doing. AND, 50 is not that old....heck, I'm 58 and do all the work on our '65 coupe. Right now we are struggling to restall the tranny and then on to a p/s upgrade, anA/C upgrade, then a paint job. So, 50 aint that old ya young whipper snapper!!!

 

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i'll get a cleaned up pic for yall...right now it is parked under their carport in canyon lake, tx...i currently live in houston

 

You have been offered $15,000 for a coupe? Unless it is a "K" code. I vote to take the money and reinvest it into a Fastback or convertable.

 

for referance i bought my 289 3 speed airconditioned coupe for 7800.
but its got 125k not 40k.


if i were you i would take the 15000.

and find a car with a 289 with a c4 or 4 speed. and with a limited slip. if its a three speed manual it probably came with the open end axle. and find something with disc brakes and some power options.

because all the conversion kits are a small fortune. and all that money can then be spent into more lucrative investments such as....new 17" Shelby wheels

 

I would not restore it, if it is in prime condition. A 'survivor' is worth more than a 'restored' car. People pay big bucks to get an all original factory paint/susp/everything car, that has lived this long. Just do 'oem' upgrades, such as new plugs/wires/cap/rotor, and keep it running. maybe rebuild the carb that's in it, too. That is as far as I would go for 'restoring' it. That is, if it is rust-free, paint is still good(no fading/orange peel, bubbles). 15k is going to be about right, if it is the condition i understand it to be. You could maybe get more, if you held onto it. The car is going to end up in someones collection, if you sell it.

If you don't mind having a display car, then keep it, and just pony up the cash for a project. If you don't have the room/space/money/self reserve to own a display car, sell it to someone who does, and spend that money you just made on a rust-free 65/66 fastback, to do your gt350 tribute.

Hope my comments don't deter you from doing what you want, as these are just my opinions.