Hello All,
I figured this would be a good place to start to figure out how best to sell my Mustang. I didn't want to post this in the classified section since it is more of a question for the community, and I felt it would be improper to post this there. I am trying to figure out how to get the best return on this investment I made a little over 20 years ago. My recent plan was to take this to Meacum Auto Auctions for the fun of selling it there, and probably buying something there as well
But now the wife has ordered a new ride and insists she gets a spot in the garage due to the hail storms we get. So this car has been garage kept since very shortly after I bought it.
It is a 1993 Mustang GT 5 speed with 31,134 original miles, Black exterior, Gray interior. Clean Carfax of course. This car is unmolested and very original. The only not original remotely mechanical items are a change of mufflers to FlowMaster and K&N Filter and new AC, and cosmetic items that can cheaply returned to factory like.
I was actually the Used Vehicle Manager at a Ford Dealership when this vehicle came in on trade. The guy who traded it literally bought it to take it back to Sweden to sell, evidently they were worth a ton more over there. He only put around 25k on it over 7 years (will verify exact mileage when I bought it), regardless he hardly drove it as it was not his daily driver. During his ownership it sat in the elements of Texas for that period, so much so my Assistant Manager bid it as over 100k miles. Some how it never got hailed on though. The body is perfectly straight, at least as perfect as cars could be near 30 years ago.
These were the issues it had and what I did.
1. Door ding behind driver door - had that pulled - no body work.
2. Paint was sunbaked and clearcoat was peeling. Repainted with factory UA paint - I would say they did a 7/10 job on it, and a complete repaint might be considered by the new owner. From 10 feet, maybe even 5 feet this car looks super clean. If I was going to store this for value I would strip and repaint though.
3. Rims were sun baked - have those originals still in box for the new owner, not sure how those could be restored but if wanted they will go with the car.
4. Headlights and tail lights were yellowed - tail lights are in the box that aftermarket alteezas came in and could easily be restored.
5. The interior was not awful surprisingly but I bought interior paint from LMR to touch up the center console area and several other areas that had discolored. Fixed the ash tray cover, it needs to be re fixed again.
6. The sun shade was missing - bought three on ebay stating they were for a 93, the third one was and fit.
7. The brakes were shot, driving it home both rights locked up, took it back to the dealership and had my service department repair for $751.
8. The rubber around the back side windows were cracked from the sun. Used the plastic covers from LMR as the only aftermarket replacements I could find do not have the original Mustang in white on those windows and from what I recall were $1000 not installed.
Items still to address.
1. Air bag light on - not even sure what that is about. Thinking I will fix this to sell as it might concern someone. The car has never been wrecked, all body panels have the original VIN - I did buy the replacement engine bay stickers so all look new now.
2. Passenger door can not be unlocked by the key but if locked can be unlocked from inside by puling the interior door handle.
3. Battery has a slow drain, I believe from an aftermarket alarm that was installed but not sure, never had it diagnosed, should have I have spent more for batteries than the fix I am sure.
4. One of the plastic pieces that controls the flow of air out of the vent is broken and needs replaced.
5. I converted the AC about 4 years ago, and currently it is not blowing cold but all the parts are new.
Items I did. All items purchased from LMR except tail lights and rims.
Replaced Rims - they are offset with 255/40/17 on front 275/40/17 on back - they do not rub. Painted brake calipers and rear drum red.
Replaced hood insulator with new one
Replaced spark plug wires, and bought near new distributor cover on ebay.
Replaced 5.0 Engine Plaque with near new plaque from ebay.
There are many more as I truly loved to go out and tinker with this thing, at least when the garage wasn't so hot.
I will include with the sale a copy of my business card, original dealer key chain, letterhead with whatever the new owner would like me to write and sign as long as it is factual. I will gladly explain on that letterhead how it went 7 years to go to the mid 20k range in miles and how a green Assistant Manager turned in paper work for it to be over 100k miles for trade in. An original Mustang dealer brochure, original owners manual in great shape.
So my questions are how much of the above stuff should I fix to sell, what kind of price range do you think this car merits, and how best to market it, I was thinking Ebay or Autotrader. I have about 60 days before it gets pushed out of the garage by my wife...
Thank you for reading all this, but this car is a head turner, with what I would say is a great back story for a 3rd owner. Any input would truly be greatly appreciated.
Thanks!
I figured this would be a good place to start to figure out how best to sell my Mustang. I didn't want to post this in the classified section since it is more of a question for the community, and I felt it would be improper to post this there. I am trying to figure out how to get the best return on this investment I made a little over 20 years ago. My recent plan was to take this to Meacum Auto Auctions for the fun of selling it there, and probably buying something there as well
But now the wife has ordered a new ride and insists she gets a spot in the garage due to the hail storms we get. So this car has been garage kept since very shortly after I bought it.It is a 1993 Mustang GT 5 speed with 31,134 original miles, Black exterior, Gray interior. Clean Carfax of course. This car is unmolested and very original. The only not original remotely mechanical items are a change of mufflers to FlowMaster and K&N Filter and new AC, and cosmetic items that can cheaply returned to factory like.
I was actually the Used Vehicle Manager at a Ford Dealership when this vehicle came in on trade. The guy who traded it literally bought it to take it back to Sweden to sell, evidently they were worth a ton more over there. He only put around 25k on it over 7 years (will verify exact mileage when I bought it), regardless he hardly drove it as it was not his daily driver. During his ownership it sat in the elements of Texas for that period, so much so my Assistant Manager bid it as over 100k miles. Some how it never got hailed on though. The body is perfectly straight, at least as perfect as cars could be near 30 years ago.
These were the issues it had and what I did.
1. Door ding behind driver door - had that pulled - no body work.
2. Paint was sunbaked and clearcoat was peeling. Repainted with factory UA paint - I would say they did a 7/10 job on it, and a complete repaint might be considered by the new owner. From 10 feet, maybe even 5 feet this car looks super clean. If I was going to store this for value I would strip and repaint though.
3. Rims were sun baked - have those originals still in box for the new owner, not sure how those could be restored but if wanted they will go with the car.
4. Headlights and tail lights were yellowed - tail lights are in the box that aftermarket alteezas came in and could easily be restored.
5. The interior was not awful surprisingly but I bought interior paint from LMR to touch up the center console area and several other areas that had discolored. Fixed the ash tray cover, it needs to be re fixed again.
6. The sun shade was missing - bought three on ebay stating they were for a 93, the third one was and fit.
7. The brakes were shot, driving it home both rights locked up, took it back to the dealership and had my service department repair for $751.
8. The rubber around the back side windows were cracked from the sun. Used the plastic covers from LMR as the only aftermarket replacements I could find do not have the original Mustang in white on those windows and from what I recall were $1000 not installed.
Items still to address.
1. Air bag light on - not even sure what that is about. Thinking I will fix this to sell as it might concern someone. The car has never been wrecked, all body panels have the original VIN - I did buy the replacement engine bay stickers so all look new now.
2. Passenger door can not be unlocked by the key but if locked can be unlocked from inside by puling the interior door handle.
3. Battery has a slow drain, I believe from an aftermarket alarm that was installed but not sure, never had it diagnosed, should have I have spent more for batteries than the fix I am sure.
4. One of the plastic pieces that controls the flow of air out of the vent is broken and needs replaced.
5. I converted the AC about 4 years ago, and currently it is not blowing cold but all the parts are new.
Items I did. All items purchased from LMR except tail lights and rims.
Replaced Rims - they are offset with 255/40/17 on front 275/40/17 on back - they do not rub. Painted brake calipers and rear drum red.
Replaced hood insulator with new one
Replaced spark plug wires, and bought near new distributor cover on ebay.
Replaced 5.0 Engine Plaque with near new plaque from ebay.
There are many more as I truly loved to go out and tinker with this thing, at least when the garage wasn't so hot.
I will include with the sale a copy of my business card, original dealer key chain, letterhead with whatever the new owner would like me to write and sign as long as it is factual. I will gladly explain on that letterhead how it went 7 years to go to the mid 20k range in miles and how a green Assistant Manager turned in paper work for it to be over 100k miles for trade in. An original Mustang dealer brochure, original owners manual in great shape.
So my questions are how much of the above stuff should I fix to sell, what kind of price range do you think this car merits, and how best to market it, I was thinking Ebay or Autotrader. I have about 60 days before it gets pushed out of the garage by my wife...
Thank you for reading all this, but this car is a head turner, with what I would say is a great back story for a 3rd owner. Any input would truly be greatly appreciated.
Thanks!
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