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07-29-2012, 07:12 AM
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#1 | | Registered User
Join Date: Jul 2008
Posts: 561
| 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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02 GT 5 spd. Best 1/4 12.28 @ 112mph
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07-29-2012, 07:47 AM
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#2 | | Evolution's Finest
Join Date: Jan 2012
Posts: 776
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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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07-29-2012, 08:07 AM
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#3 | | Registered User
Join Date: Jul 2008
Posts: 561
| 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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02 GT 5 spd. Best 1/4 12.28 @ 112mph
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07-29-2012, 08:34 AM
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#4 | | Registered User
Join Date: Oct 2011
Posts: 27
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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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07-29-2012, 09:10 AM
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#5 | | Registered User
Join Date: Mar 2011
Posts: 1,691
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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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07-29-2012, 09:17 AM
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#6 | | Moderator Emeritus
Join Date: Aug 2011
Posts: 4,788
| 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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That's unimpressive
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07-29-2012, 09:43 AM
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#7 | | Registered User
Join Date: Dec 2011
Posts: 274
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my 88 gt convertible was 3500 with 160k
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07-29-2012, 03:20 PM
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#8 | | Registered User
Join Date: Jul 2008
Posts: 561
| Re: 1989 5.0 value
No it was a 5 spd.
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02 GT 5 spd. Best 1/4 12.28 @ 112mph
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07-29-2012, 06:57 PM
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#9 | | Filibuster
Join Date: Aug 2011
Posts: 1,712
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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 $$
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07-29-2012, 07:49 PM
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#10 | | Senior Member
Join Date: Apr 2011
Posts: 8,086
| Quote: |
Originally Posted by XXSTEVEO66 Well according to kelly blue book app
Retail value - $4,399
Private party - $3,199
Trade in - $2,014
But the prices were for a 92 though im sure the 89 would have very similar $$ | 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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07-30-2012, 08:43 PM
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#11 | | Registered User
Join Date: Feb 2012
Posts: 307
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87 t top 5.0 $2000 89000 miles
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07-31-2012, 09:09 AM
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#12 | | 1990 SCHP owner
Join Date: Oct 2010
Posts: 1,653
| 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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Matt
(Mine)1990 Mustang Coupe
(Dads)2008 Mustang GT convertible
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