1989 5.0 value - Mustang Evolution

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Old 07-29-2012, 08:12 AM   #1
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1989 5.0 value

I just picked up a 1989 5.0 auto convertible with 101k miles I was wondering what the value of the car is. Just looking for a ball park number It's hard to find a value due to its age.

The body is excellent with original white paint but does need a buff
Interior is dirty but nothing is broken it runs and drives great. only needing a few small things U joints and some brake work.
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Old 07-29-2012, 08:47 AM   #2
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Really depends on condition. I see them all the time from $3000-$5000. You can look on Craigslist and see what people are asking.
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Old 07-29-2012, 09:07 AM   #3
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Re: 1989 5.0 value

Once I get it cleaned up I'll post some pics. I would say it's very clean for it's age especially for living in the north east all it's life. I got it for $2000. It doesn't seem to be as fast as I remember my old 85 being but it is all stock.
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Old 07-29-2012, 09:34 AM   #4
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As long as the shock towers are good I've seen them go $4000-$6000 around here in those island I bought one as a parts car off a friend which was sold for $6000 before I got it ,, his ex wife had someone steal it and total it that's how I got it
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Old 07-29-2012, 10:10 AM   #5
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I got my 87 mustang with 132,000 and mostly stock. For 2,050 not bad deal and I'm not sure what is worth
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Old 07-29-2012, 10:17 AM   #6
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Quote:
Originally Posted by 67mustang97
Once I get it cleaned up I'll post some pics. I would say it's very clean for it's age especially for living in the north east all it's life. I got it for $2000. It doesn't seem to be as fast as I remember my old 85 being but it is all stock.
Was your 85 an auto?
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Old 07-29-2012, 10:43 AM   #7
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my 88 gt convertible was 3500 with 160k
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Old 07-29-2012, 04:20 PM   #8
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Re: 1989 5.0 value

No it was a 5 spd.
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Old 07-29-2012, 07:57 PM   #9
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Well according to kelly blue book app
Retail value - $4,399
Private party - $3,199
Trade in - $2,014
But the prices were for a 92 though im sure the 89 would have very similar $$
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Old 07-29-2012, 08:49 PM   #10
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Quote:
Originally Posted by XXSTEVEO66
Well according to kelly blue book app
Retail value - $4,399
Private party - $3,199
Trade in - $2,014
But the prices were for a 92 though im sure the 89 would have very similar $$
damn i didnt know they had an app.

i paid 500$ with 80k miles on my 88 vert. but it was in terrible shape.
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Old 07-30-2012, 09:43 PM   #11
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87 t top 5.0 $2000 89000 miles
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Old 07-31-2012, 10:09 AM   #12
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Re: 1989 5.0 value

Without seeing pictures I would say roughly around $4,000 would be a good number for it. Once you get some pictures up I should be able to come up with a better number
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