[THOR74]

I feel the same way. For me to replace my car with ANY other V8 Mustang that is in the same rock solid original shape, to give me that same feeling, I would literally need 2-3 times what I could reasonably expect to get for it.

If, as I stated above, I could actually get 9 or 10 grand for my car (this is an assumption only), where would that leave me? I don't like the 1994-2004 cars, so I'm shopping foxes and 05 and up. Since I don't think I'll find a fox like mine again now in 2010 without some guy wanting a mint for it, I'd end up shopping 05 ad newer, which would mean, around here, for an original car with no more than around 40000 miles or less on it, I'd better have 20,000 Cdn TO START. If my car gets creamed it's insured for 10500, but that appraisal is almost five years old and I'm due again next year - I'll bet it'll be higher (I hope it will). This is special hobby car insurance. With my old regular policy I was actually looking at getting 1000 for the car, no kidding. Blue Book - foxes are WORTHLESS. So, it's easy with this kind of logic to keep the car - which is what I want to do anyway - my fox is my favourite - and I've tried them all.

Figure out what you really want, get it, and hold onto it - that's my philosophy.

 

[DadIndy91]

I just bought my 1991 GT 5.0 HO for $2,000.00. It's stock except for a CAI, short headers, smog pump delete & full exhaust. 130k on the body, rebuilt motor, trans & new paint. 2 sets of wheels, chrome cobras and pony rims. All I did was tune it up and take out the ghetto radio that was in it and clean it meticulously. It's originally a North Carolina Car, it has ZERO rust. I've owned it for about a week and I've already turned down $3500. I didn't buy it to make any money from it. I bought it to spin those tires around the block. Always wanted one, now I have it. I would have paid more, I wanted it pretty bad- I'm just glad the economy stinks around here and the kid needed money.

 

[michael89254]

CNN Says yes.

Another question..

Do the fox body mustangs from 87 to 93 hold their value?

to clarify - I have had a 50/50 mix of people state that they are worth squat, and the others say hold on to the veh, because they will be worth money in the long run as long as you take care of it?

Utimately, I just want to know if it is worth holding on too...

What's everyone's opinion on this? :help:

Fox-Body Mustang makes CNN Money's Top Ten Investment Cars under $5K - Mustang Blog

 

[86967]

I think the operative word should be "value" car, not "investment"...c'mon the CNN list has "Fiero" on the list...no one gives a crap about that pos

 

[nnik]

hmmm....considering my car was bought brand new in 1985 for 12,650 dollars, then i proceeded to put close to 10,000 in it last year, that puts the value at 23,000 dollars.....i probably couldnt get more than 5K for it these days, even though its in immaculate condition with only 32,000 miles on it. although, i think it holds its value, as i wouldnt sell my car for 23,000 dollars. it would take at least 50K...:bigthumbsup

don't forget..putting buckets of cash into a car is a personal thing and often does not reflect favourably on the resale

 

[Guest]

remember they were going to axe the Stang in 1993, it doesn't even say Mustang anywhere on the car...

Except for the quarter-windows, the bumper covers, the ground effects of the GT cars...

 

[DadIndy91]

I bought mine for 2 grand. I instantly put 2 grand more into it. Is it now worth 4 grand? Perhaps, but after I put another 2 grand into, it'll be the one I wanted. It will most likely not be worth 6 grand. Every car is different. The fox bodies are not investments, they're toys and there were and still are a million of them out there.

 

[Sharad]

I think Steve Turner's editorial on this subject in the March 2011 5.0 Mustang Magazine says it all.

As far as I'm concerned, our foxes only have value to us. It's laughable to call them investments, unless you're investing in memories.

 

[Guest]

I think Steve Turner's editorial on this subject in the March 2011 5.0 Mustang Magazine says it all.

As far as I'm concerned, our foxes only have value to us. It's laughable to call them investments, unless you're investing in memories.

AMEN Brother........:bigthumbsup

I consider it an investment in my wife's good health......

If not for the car she would not have anything to b!tch about.....

Without b!tching her head would explode.......:blowingup:

 

[Sharad]

AMEN Brother........:bigthumbsup

I consider it an investment in my wife's good health......

If not for the car she would not have anything to b!tch about.....

Without b!tching her head would explode.......:blowingup:

LOL!!! :rollgrin: I laughed so hard, I had an asthma attack!! My wife asked what I was laughing about, I told her, and she said "I don't see the humor in that!"

LOL!!!

 

[Guest]

LOL!!! :rollgrin: I laughed so hard, I had an asthma attack!! My wife asked what I was laughing about, I told her, and she said "I don't see the humor in that!"

LOL!!!

They never do......:rollgrin::rollgrin::rollgrin:

 

[TexasMustang]

AMEN Brother........:bigthumbsup

I consider it an investment in my wife's good health......

If not for the car she would not have anything to b!tch about.....

Without b!tching her head would explode.......:blowingup:

That is greatness.................

 

[glx]

Just wanted to update this subject a bit. I've owned a bunch of Muatangs in sevral iterations. The easyest ones to sell have been the 87-93 style. I had a 1983 GLX 5.0 convertible with 58K when I bought it for $4500 and it was in very good condition body wise (no rust) the paint was OK but it had a few door dents. I sold it 2 years later for $4800 with 63K. I've never lost money on any one but I don't mod them either. After recently selling my 2003 convertible GT I got back into the "5.0 fever" mode. After an extensive search I found a 1990 GT triple white with 48K, all stock, immaculate (original paint is 9/10) adult original owner with complete service history and paperwork for $10,000. Living in the Detroit area there are many but to find one all stock is like finding a needle in a haystack. I've been stopped numerous times asking me if I was interested in selling the car and always said "no thanks". However, aftering saying this for the 100th time I opened my mouth and said "sure" and when asked I said $13,000. Well not thinking much of it I gave the guy my number and 5 days later his text said he had the $$$ an asked when he could come pick up the car! I had to tell this guy several times I had a change of heart before he quit bugging me! In ending I would say that true, top condition foxes will continue to climb in value regardless of the model. Especially if the buyer is older with some more disposible income wanting to re-live old memories. I'm keeping mine stock with the hopes in a few years when I retire I'll sell it for a profit.