HELP PLEASE.
Ineed help in finding a reasonable price to offer a younger fellow for his 66 GT notchback.It is a 225hp,4speed,green in color,standard interior,one family owned since new.Irebuilt the engine,brakes etc.in 1984 for his dad,so I have known the car for at least 30 years.His son had the car repainted and gone over again about 2 years ago,new wheels,interior,exhaust,lots of new parts,radio etc. and just parked it on a carport and left it where it has weathered but I still would call it a very nice car.Never been in an accident,as org. as you will find,not perfect fit and finish,but not bad.He said he would only sell to me with the promise that I would make the car right all over and would give him the chance to buy back if I ever sold it again.Would not price the car,asked me to make him an offer I could live with.Could anyone advise with a price that would not embarass either one of us?Thanks in advance.
Based on your description, I'd think it'd be worth closer to $10k if it is in good condition like you describe. FWIW, I sold a '65 GT coupe two years ago for $5K that needed paint, wheels/tires and the engine freshened up. Check ebay completed sales for your best bet on pricing.
A coupe is a coupe:P (Actually, it's not, technically, but meh) I've always heard and have myself referred to 65-66 fastbacks as notchbacks, because they're not true fastbacks.
Originally Posted by Don DeLaRossa
DeLaRossa recalled that, "When we started the Mustang II, I said to Lee Iacocca that we should not forget the original Mustang was a notchback -- that was followed with a fastback -- so let's not do a fastback first. Let's do the notchback first. My recollection is that that made sense to him. So I got to work on a notchback right away at Ghia, and a version of it in Dearborn.
The car obviously means something to the guy, I assume his father has passed away. He respects you enough to be comfortable selling it to you which means something too.
To be fair and with a buyback option I'd say:
Coupe - $9K
Fastback- $15K
How the buyback is handled could have a bearing on the price.
To be fair and with a buyback option I'd say:
Coupe - $9K
Fastback- $15K
How the buyback is handled could have a bearing on the price.


