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Old 12-13-2013, 09:15 PM   #1
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Help buying a 1969 Mustang Sportsroof

I'm looking into buying a 1969 Ford Mustang Sportsroof as a weekend car. However, i'm not really that experienced with these classic mustangs so I was hoping for some advice!

The car that I found is a 1969 Ford Mustang Sportsroof. It is not a Mach 1 although it does have the stripes.
Rebuilt 302 engine with new pistons and everything.
Rebuilt C6 automatic transmission (owner claims 120,000 on like frame and the engine and tranny is new).
New dual exhaust and mufflers
New shocks and springs
Original front disk brakes but with new pads
Last painted around 20 years ago

I was told that the only rust spot on the car is the rocker panel.

The owner says he bought it 7 years ago off a guy who rebuilt it, and since then he has installed the above parts.

Listed price is 13,500 CAD

The car is a 4 hour drive away, so do you guys think its worth the asking price? And how much would it cost to fix the rusted rocker panel?

Looking forward to learning a lot off this forum!
Thanks!
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Old 12-13-2013, 10:15 PM   #2
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It looks pretty good. The biggest rust enemy in old mustangs is not the sheet metal. It's the floor pans, frame rails under the engine, and the trunk floor around the gas tank. Under the car and under the carpet is very important. It looks really clean and if all he says is true, I think the price is pretty good.
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Old 12-13-2013, 10:35 PM   #3
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Owner said all the quarter panels, fenders and the rest of the body is rust free, except for that one spot.

But dont you think 13.5K is a little bit steep?
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Old 12-13-2013, 11:17 PM   #4
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Converts to about 12750 USD. That doesn't sound too steep if it's in good shape if it's worth that to you.
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Old 12-14-2013, 11:01 AM   #5
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Converts to about 12750 USD. That doesn't sound too steep if it's in good shape if it's worth that to you.
I love the car but Hagerty says that a similar car in good condition costs around 12,350CAD, while this car has a rust spot, and i'm not sure how much it would cost to fix (assuming there aren't any other rusty panels)
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Old 12-21-2013, 07:43 PM   #6
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What area of the country is the car in? Prices can vary, depending where you are. Overall though, the price seems fair.
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Old 12-21-2013, 11:55 PM   #7
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I'd say don't sweat it over a few hundred bucks or even a grand. They aren't making them anymore. Finding a descent fastback that's not $25k or $30 is getting difficult. It's only going to increase in value if you improve it and maintain it.
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Old 12-22-2013, 12:10 AM   #8
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I think it's worth the cash. These cars are only getting more and more rare.

If in fact there is only rust on the sheet metal it may be worth more.

Being a paint guy, just a heads up. When you fix the rust problem you may find that 20yo paint is faded. Might have to shoot the whole car.

Also bring a magnet, these cars got the nick name rust stang for a reason. If it's been restored 20 years ago it may have a ton of bondo in it. Not the be all end all if it does, but a good place to start when trying to bring them down on the price.

I'm drooling over the pics man. My dad had a 69 Mach when I was a kid. I would trade body parts to have it back. Hope you end up with it! Good luck.
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Old 12-22-2013, 07:51 AM   #9
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ID:	142560here's a pic of my 69 Mach 1 I paid $12,250 USD for about 6 mos ago. If you got cash I would check it out, drive it and if it drives good I would offer 10k to start mentioning that you'll have to get the rocker fixed and after that the whole car will need to be resprayed at 20 yrs. Also I thought the 302s came with a C4.
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Old 12-22-2013, 11:31 AM   #10
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Attachment 142560here's a pic of my 69 Mach 1 I paid $12,250 USD for about 6 mos ago. If you got cash I would check it out, drive it and if it drives good I would offer 10k to start mentioning that you'll have to get the rocker fixed and after that the whole car will need to be resprayed at 20 yrs. Also I thought the 302s came with a C4.

She is beautiful! What color is that?
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Old 12-22-2013, 12:53 PM   #11
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Not sure of the color actually. It's not the original color. I've actually already begun stripping it to bare metal in preparation for new paint and all new matching interior. I also have acquired a 428 SCJ and C6 and am removing the 351W and FMX. When it's done it will be black on black.
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Old 12-22-2013, 02:00 PM   #12
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What area of the country is the car in? Prices can vary, depending where you are. Overall though, the price seems fair.
Its in Sudbury, Ontario, CA

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I'd say don't sweat it over a few hundred bucks or even a grand. They aren't making them anymore. Finding a descent fastback that's not $25k or $30 is getting difficult. It's only going to increase in value if you improve it and maintain it.
I guess you're right, but if I do get it, its gonna be sitting in the garage for the next few years, because I can't insure it until i'm 25.

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I think it's worth the cash. These cars are only getting more and more rare.

If in fact there is only rust on the sheet metal it may be worth more.

Being a paint guy, just a heads up. When you fix the rust problem you may find that 20yo paint is faded. Might have to shoot the whole car.

Also bring a magnet, these cars got the nick name rust stang for a reason. If it's been restored 20 years ago it may have a ton of bondo in it. Not the be all end all if it does, but a good place to start when trying to bring them down on the price.

I'm drooling over the pics man. My dad had a 69 Mach when I was a kid. I would trade body parts to have it back. Hope you end up with it! Good luck.
He did mention that the paint isn't in very good condition, but that isn't really important to me, I'd have it repainted in the future, I just want one that runs strong and doesn't have rust, not necessarily a show car.
and thanks! I'm gonna try and talk him down.

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Attachment 142560here's a pic of my 69 Mach 1 I paid $12,250 USD for about 6 mos ago. If you got cash I would check it out, drive it and if it drives good I would offer 10k to start mentioning that you'll have to get the rocker fixed and after that the whole car will need to be resprayed at 20 yrs. Also I thought the 302s came with a C4.
You got a Mach 1 for $12,250????!!!! The cheapest Mach 1 I've seen was for 25K or so Was this the condition you got it in? Or did it need a lot of work?? That's a beautiful car man!
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Old 12-22-2013, 02:06 PM   #13
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Had some rust in the bottom of both doors, and was ready for a repaint. Other than that ran great, 81k original miles, rebuilt transmission, and new magnum 500s and tires.
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Old 12-22-2013, 02:12 PM   #14
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Had some rust in the bottom of both doors, and was ready for a repaint. Other than that ran great, 81k original miles, rebuilt transmission, and new magnum 500s and tires.
Sounds like a great deal you got! How much did it cost to fix or replace the rust at the doors? Were the rocker panels clean?
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Old 12-22-2013, 02:26 PM   #15
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Was gonna cost me about $800 to fix the doors, I decided to just buy 2 new ones for $400 each. That's the only rust on the car. Hoping to have about $20k total in it when I'm done. I'm doing everything but the respray myself to save some money.
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Old 12-22-2013, 02:33 PM   #16
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Was gonna cost me about $800 to fix the doors, I decided to just buy 2 new ones for $400 each. That's the only rust on the car. Hoping to have about $20k total in it when I'm done. I'm doing everything but the respray myself to save some money.
20K including the 428? I just want to move to the states right now! The prices and availability of parts here suck! Or maybe i'm just a newbie to the classic car market
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Old 12-22-2013, 02:44 PM   #17
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I got lucky, my father-in-law had a 428SCJ with a Holman and Moody dual carb intake sitting on an engine stand for 20 years that I bought for $3000
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Old 12-22-2013, 02:55 PM   #18
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I got lucky, my father-in-law had a 428SCJ with a Holman and Moody dual carb intake sitting on an engine stand for 20 years that I bought for $3000
Is the 428SCJ any different than the 428CJ? Or is it just a different name?
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Old 12-22-2013, 03:00 PM   #19
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The 428 Super Cobra Jet (also known as the 428SCJ) used the same top end, pistons and engine block as the 428 Cobra Jet but the crankshaft, connecting rods, and associated balancing were different. A nodular iron crankshaft casting # 1UA was used as well as heavier 427 "Le Mans" connecting rods with capscrews instead of bolts for greater durability. The heavier connecting rods and the removal of the centre counterweight on the stock 428 Cobra Jet crankshaft (1UA), required an external weight on the snout of the crankshaft for balancing. An engine oil cooler was standard equipment with the 428 Super Cobra Jet (later referred to as "Drag Pack") and 3.9 or 4.3 rear end gear ratios. In addition, there was a difference between the CJ and SCJ 428 cast aluminum pistons.[45] All of these changes to the engine components were made to provide greater reliability for engines expected to be raced and abused. Horsepower measurements at a street rpm level remained the same.
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Old 12-22-2013, 03:09 PM   #20
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If you could get it for 11 or less I'd say you got a good deal
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Old 12-22-2013, 03:28 PM   #21
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If you could get it for 11 or less I'd say you got a good deal
Thanks for the info!

11 considering that the only rust is on the rocker panels, right?
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Old 12-22-2013, 03:33 PM   #22
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Have you checked around to see what it would cost to replace or fix the rocker panels?
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Old 12-22-2013, 03:37 PM   #23
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Have you checked around to see what it would cost to replace or fix the rocker panels?
I was quoted 1500 to 3000, depending on whether the inner rocker panel is rusted too. Although I could try and fix it on my own, even though i've never worked with rust before
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Old 12-22-2013, 03:45 PM   #24
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Then I wouldn't pay more than 10k for it
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Old 12-22-2013, 03:49 PM   #25
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Then I wouldn't pay more than 10k for it
Yeah I was thinking 9.5 to 10, just hoping I wont find any extra surprises with the car
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Old 12-22-2013, 03:53 PM   #26
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Tell him it's going to need a repaint, and rocker panels, you're looking at at least five or six grand to have all that work completed so start out at 7500 and see what he says, also if you could find out how long it's been on the market would work in your favor
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Old 12-22-2013, 04:11 PM   #27
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Tell him it's going to need a repaint, and rocker panels, you're looking at at least five or six grand to have all that work completed so start out at 7500 and see what he says, also if you could find out how long it's been on the market would work in your favor
Its been listed since 9 November, is it usual for these cars to remain for so long?
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Old 12-22-2013, 04:20 PM   #28
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Not FB's, it may seem like a lowball offer but the guy I bought mine from wanted $15,500. I offered $12k he said $12,500 and I said $12,250 and he agreed quickly. I should've offered about $10,500 to start.
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Old 12-22-2013, 04:26 PM   #29
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Not FB's, it may seem like a lowball offer but the guy I bought mine from wanted $15,500. I offered $12k he said $12,500 and I said $12,250 and he agreed quickly. I should've offered about $10,500 to start.
Man if I found a Mach 1 for $15K, I'd be all over it right now!
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Old 12-22-2013, 04:29 PM   #30
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Where do you live, CA?
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Old 12-22-2013, 04:42 PM   #31
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Where do you live, CA?
Ontario Canada
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Old 12-22-2013, 06:44 PM   #32
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What state are you closest to?
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Old 12-22-2013, 08:02 PM   #33
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What state are you closest to?
Michigan and New York, I'm not sure if its worth importing one though.
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