Quote:
Originally Posted by Bert Cooper
Thanks Andy.
and yeah, I totally agree. The flippers and dealers have about wrecked everything about the old car hobby.
Regardless of vehicle choice, every forum is filled with dealers stating, "no doubt these will continue to increase in value". It's like listening to real estate agents.
It's funny, because every vehicle I've restored I've lost money on. Just did it for the love of the project is all.
I'm attracted to these Mustangs just to get away from the BS.
Thanks for giving a damn.
Bert
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Bert back in the late 80's I drove past a car lot in Ohio and the place had a row of black and tan 4 eyed FHP mustangs sitting in the front row. All of them had under 100k miles, were in really decent condition with gator-backs, original steelies with center caps and were priced 4500 to 5500 apiece. original paint cars with the standard dents and dings that cops put in cars during patrol use. They were all gone in about two weeks and I was sick that I had not bought one. That is where it started with me. Over the past 27 years or so I have hung out and collected a few cars, and have sold a few cars to "tweak" my collection etc. I have always got more enjoyment out of working on the cars and have developed a few close friendships along the way. My closest friends in the world of SSP cars are those that are in it for enjoyment, not profit. Around 2002 the interest in these cars really took off and with it came some of what you refer to as BS. Flippers, gougers, "know it all morons" and others whose only interest was to go to a show and annoy people with their "lights and sirens shows". Most of those people have moved on to another venue, or at least stopped being a major embarrassment to all of us. Every now and then they pop up with an arrogant comment but are generally ignored. As you wander around the WWW you will find other sites but you will not find ANY other site that is as active and/or focused on the history of SSP Mustangs.
As for car values......I have watched them go up.....then back down..... In 2008 when the economy tanked, so did prices on SSP cars. Cars I bought for 5000.00 10 years ago are still worth about the same but I really don't care because I didn't buy them as a short term investment with the hopes to flip one for silly money. If you are patient you will be able to find the car you want with the options/colors/agency you are looking for. Just be patient as these cars are still available.
What others have said about parts is especially true. Some parts are getting VERY expensive (NOS quarter windows). The SSP gauge clusters, 85-86 wheels and caps are another item that is hard to find. Seat cloth is still readily available as is most everything else for a notchback mustang. Every year companies start remanufacturing different parts as well as these cars get older. The gator-back tires are a perfect example of this. Yes they are expensive but if you are in it for the enjoyment, not a profit, what does it matter? I totally agree about NOT making money on a resto. Even if you got one of these cars for free the cost of a complete restoration would be more than the current value of 99% of these cars.
Anyone here will be willing to help you with information and advice so feel free to reach out if needed. We have weeded out 99.999% of the idiots from this site so the "BS" is pretty much non-existent here. Enjoy.