1987 Blue Mustang LX Convertible Coupe - What's it Worth?

[01GTvert]

So I'm trying to sell this car for my cousin because he doesn't get on the forums at all. He acquired this car from a friend who owed him money and in lieu of payment took this car. It turns out this is just too much of a purpose built drag car for his liking. It originally came with a Procharger D1SC set up which the original owner removed and sold before giving the car to my cousin. My cousin's looking to sell the car outright (has title in hand) or trade for a more streetable GT/LX or other sporty convertible or coupe. The car has 58,340 on the body, not sure how many on the motor. This car started on the first try and drove perfectly after sitting for a month...even w/no blower installed. Car is located in Addison, IL.

Is $10,000 a reasonable asking price for this car?


1987 Azue Blue Mustang LX Convertible Coupe


ENGINE/MANAGEMENT - Dyno'd 604HP/533TQ (Rhyne Competition - Build date 7.23.05)
--------------------------
- 4 Bolt DART Eagle Block (CR 8.6:1)
- Melling oil pump
- J/E Pistons
- Total Seal file fit rings
- Eagle H-beam ROds
- 28oz 4340 Crank (3.4" pulley)
- F303 Cam
- AFR Probe Heads (185ccX61cc)
- DSS 1.7 ratio Rocker Arms (1/2")
- all ARP fasteners/studs
- 83lb low impedence injectors
- PMAS Mass Air FLow
- PMS for 86-94 years
- 3 BAR MAP
- MSD 2 Step
- PRO Brake
- HOOKER Headers (dumped)
- A/A Intercooler
- Summit High Perf radiator
- SNOW Performance Methanol Injection System
- trunk mounted battery


DRIVETRAIN
---------------
- TSI C6 3spd auto, lightening rod shift
- Motive Rear End
- Strange Engineering axles
- Aluminum drive shaft
- air bag
- factory 4 cyl springs/shocks/brakes (to the best of my knowledge)

INTERIOR/EXTERIOR
-------------------------
- 6 pt Roll Cage
- A/F, FUEL, OIL, TEMP, BOOST gauges
- shfit light
- brand new vinyl convertible top
- after market head unit


SUSPENSION/WHEELS
--------------------------
- WELD Wheel Sport 15X4, 4X4, 1/2" Lugs
- MT E/T Drags (275 rear, 185 front)

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[LazyT747]

i wouldnt pay 10k for it, maybe like 7-8k.

 

[superman]

not a fan of verts but its sweet car

 

[FirstWorldProblems]

Part it out

 

[01GTvert]

i wouldnt pay 10k for it, maybe like 7-8k.

good to know....but what makes this car only worth 7-8K as opposed to 10K? Just wondering is all.

 

[fastfocus]

good to know....but what makes this car only worth 7-8K as opposed to 10K? Just wondering is all.

its old. and no blower

 

[IZZy]

good to know....but what makes this car only worth 7-8K as opposed to 10K? Just wondering is all.

Let me flip that question and ask you what makes you think 10k as opposed to 7-8k?

 

[imported_PSI]

The car is worth 10K all day long in the summer time. Who are you guys fooling lol.

 

[LazyT747]

good to know....but what makes this car only worth 7-8K as opposed to 10K? Just wondering is all.

The car is worth 10K all day long in the summer time. Who are you guys fooling lol.

:quote::quote:

its old. and no blower

 

[imported_PSI]

It is worth what the next person will pay. How ever, I know value in foxies. That car would be a 11,500 mark up for me and would take 10K to get it, and I bet i'd see it in a week of true summer weather.