http://cedarrapids.craigslist.org/cto/1935432769.html
Apparently it has appreciated.
All of these low mileage sweet rides make me very jealous.....
I wish these people realized that the market for these cars inst the same for other low mileage cars. Still is an amazing example of a TC. I hope someone gets to enjoy it.
Beautiful car, but it might sit for another 22 years at that price :D
and go up another $1000 a year it sits....
I heard it comes with a gas tank full of 1988 Scotch.
IMO it is only a matter of time before these cars become more of the valuable collecters cars.
I have heard countless stories from my dad's buddies about all of the late 60's Mustangs and Camaros that they junked because it was cheaper then to buy another one than to fix the one they had broken. Sound familiar?
But go out today and try to buy a '69 Mustang fastback even one that is trash has a price tag on it like there is gold bars under the seat. These guys with these low mileage cars just need to stick them back in the garage for a couple more years. :D
I've said it before: These cars will never appreciate like Mustangs and Camaros do. Mustangs and Camaros were (to most people) more desirable when new (even though they were cheaper than T-Birds and Monte Carlos), and desirable when new generally means desirable when old.
Very nice. It has all the factory options I would want also! I'm tempted, but it would be a shame to drive it now. I don't want a garage queen!
At the rate they're getting sped, about 10-15 years they'll become desireable
you can bet that mine will not be going anywhere...
You hit the nail on the head. Look at what people are willing to pay for a 65/66 stang fastback. Its pure insanity to say the least. Sadly these cars will only be highly collectible to the T-bird/Cougar enthusiasts. I just don't see a market upswing coming on em. Just my .02
I don't know if comparing a 44 year old car to a 22 year old car is a fair comparison. :D
kind of like 60's Cougars are now.
Used for prediction purposes only.
Ok, so compare the selling price (NOT asking price) of any '88 Mustang GT to an '88 Turbo Coupe or XR7 in similar condition. Or compare any '88 Iroc to a Monte Carlo. With few exceptions Mustangs and F-bodies sell for way more money than Cougarbirds and G-bodies (one of the exceptions being the Grand Nationals and GNX's).
I can personally vouch for this: I just sold my pristine, modified '88 T-Bird for $4k. It took months of advertising, and exactly one person actually looked at the car (the guy that bought it). And he said he'd been wanting a T-Bird for years. There are not many out there who would say the same thing, hence the difficulty in selling. Meanwhile Kijiji (what we Canadians use instead of Craigslist) is loaded with fox Mustangs going for anywhere between $5k for a beater to $15K+ for nice ones. And they actually sell.
Unfortunately for you Cat guys, you've got it even worse. Traditionally Mercurys are worth less than their Ford counterparts, and this includes 67-73 Cougars VS Mustangs. Fox Capris are generally worth less than their Mustang brothers. And Cougars will generally be worth less than T-Birds when these cars appreciate. Buick/Olds/Pontiac guys are in the same boat. Firebirds are worth less than Camaros, Cutlasses and Regals generally go for less than Monte Carlos (again, excepting the GN), etc...
And don't get me wrong, they will appreciate, just not nearly as much as any Mustang. They just weren't, nor will they ever be, as popular or desirable. There's a reason you see dozens of Mustang mags and lots of Mustang aftermarket support while we sit on the sidelines.
The upside: Those of us who love them can actually afford them. The downside: Don't break anything, because replacement parts are unobtainium.