I agree with everyone else, the old Mustangs are worth it. I'm not a huge fan of the coupe though. The only thing you have to look at is that it is a LONG project. I'm seeing a lot of people that get wore out or impatient and give up. If you start it, stick with it or else it's a huge waste of time and money.

 

Better sit down before you go through all the receipts I've blown the $25K number long ago with my little red coupe. I refuse to add up the cost at this point. I still figure another $5K or so before I'm done.

If you like the car buy it and learn how to do the work yourself. When you're done you'll have a great car that you can be proud of and a nice set of tools.

Being the odd ball of the bunch, I'll take a coupe over a fastback, just never liked the look.

 

You and I both!

 

[QUOTE=Rat fink;7546847]No-ReinsIs your time Free? That car will take at least $6,000. just in Man hours.[/QUOTE]

You would be much better off getting a 6-8-10,000 $ Mustang that needs some work than putting $20,000 (Including Man Hours) in a $500. car. And after all the time and money you would have in it, the thing would not be worth what you have in it.


It all part of the fun,......you'll NEVER get back what you put into it, if thats what you're looking for you'll be greatly disappointed. Man hours are somewhat free, and shouldn't be counted. It just depends on what you want to do in your free time, watch TV or work on a car, they're both gratifying. You just don't sweat or get greasy watching TV,...at least not since college!

Plus you don't feel the big bite all at once on a roller as you do on a 6 - 10K vehicle. If you can get it for $500.00, jump on it. If you get bored and loose interest, you can always sell it and get that initial investment back.

 

How much does it typically cost to buy a engine and a tranny for these cars? Thanks for all the input everyone! You guys are being so helpful in this process

 

Unless you are financially secure and have a lot of free time on your hands, I suggest you start with a car that runs and drives. Assuming you are a rookie, it will be a very long time before you were far enough along to drive the vehicle. Very few people have the patience, time and money to make a project like this their first one. I think mostly it's because they wait for a good deal on one that runs and doesn't need a lot of sheetmetal. You still learn, spend less and have more fun.

 

My other option is a 1967 Fastback and the seller is asking 5000 but he said he will take offers. He said that he still has the tranny and the engine, One of my good friends is a mechanic and will do work for a low fee. Would I be better off paying 450- for the coupe or trying to get the fastback for a lower fee? And if you think fastback, What should I offer? He said he does not get offended by lower offers.

 

That's some good advice right there

 

For me, unless I'm building to sell, then yes...
I've got 100+ hrs in our '65 and I'm not even near being done.
Yes, I will have $15K+ in a $9K car, do I care? NO.... Hell, I got $6K in our car now, not including the 100+ hrs I got into it, and I'm not even 1/4 done, I'm doing it to build and enjoy.
Lynn

 

It really depends on if you like the coupe or would rather have the fastback. Honestly, I would jump all over the coupe for 500. The pics of it look better than mine and I am still excited about my project. I don't think of it as a waste of money, I look at it like the work is just as much fun as the end result, heck probably even more. If you dont care between the fb and coupe, go with the coupe and you have 4k to blow an parts. Thats just my opinion for what its worth.