are classic early 60's mustang falling in values? if I modernize mine..would that secure my investment?
I''m looking at an A code 66 coupe..already body work down..pony
interior..disc brakes..i yet to check the vin and door plate..but.having
all of the neccessary there.new appearing to be..engine is missiong..car
interior need assembling..pony wheels..and dash..door panels and seats are
new, body is white..new gt gas cap..trumpet dual, chrome seem new online
pic..need motor..$2500;.i would 4 wheel disc brakes..lower A frame on
suspenions for improve handling..reqr and front sway bard thicken..l wondered about power window and lock..and seat..tilt steering and rack and pinion..could any of this..be out of thunderbird (wiring, fitting..motors..since these 80/90 is are darn cheap. yet..expert about the fuse box installation..from there..jsut plug them all in. seats are really easy..the power windo and lock..have to think on location..of switch..just thinking outloud. like them custom cars tv shows..when they do 500HP motors..I am content with 300plus..i like MPG..cruixing around. thank 4 help
Mustang values are not going to drop sharply, if anything over
time they will keep inching up. Most of the modifications you are
thinking of doing are reversible, so go ahead, have fun. The '66 A code
wasn't particulary rare. If it was a K code I would say keep it stock,
but it is a '66 coupe, really those are a dime a dozen, they produced so
many of them from '65-'66. Keep the classic lines of the car, but update
it to make it safer & better handling for today is driving. As for the rack & pinion, the only ones I have seen adapt a '74-'78 Mustang II R&P, & these are mostly bolt in as well. Have fun with ur car, & as long as you don't make modifications that permanently alter the vehicle you are okay value wise. Most Mustang values are gonna level out, exceptions being performance models (Boss 302, Boss 429, Machs, Shelbys, etc).
All cars depreciate in value, unless you are sitting on a 68
Shelby Mustang. To modernize a car would take a lot of money & wouldnt
necessarily secure ur investment. Once you start to modernize a car,
trying to resell it could be tough because you have to find a buyer that
sees ur car & ur style appealing. My best advice would be to restore the
car the cheapest way possible that would make it enjoyable to YOU. You
could dump 65 grand into a restoration, but only be bale to get 35000 out of it. See my point? Sometimes putting tons of money into a car isnt the best way to go in the long run. Make YOUR car appealing to YOU.
When restoring a car like the one you've described keep in mind
your goal- are you going to keep it or are you going to sell it? If you're
going to keep it, then change whatever you want until you are happy with
it. It sounds like you have a game plan for it. If you're going to sell
it, then restoring it as close to original would probably earn you more
money on the other end- especially if you have any of the original vehicle
documents.
Classic car prices are pretty steady right now, but be careful.
It is real easy to get over invested in a early Mustang coupe.
Prices on all 60s muscle cars are inflated right now,
especially the Mustang and Camaro. With all the baby boomers out there
building Shelby clones, originals are raising in price.
the more orignal you keep the mustang the more its worth. not
changing it, will all depend on what u change and how much it cost to
change it..keep track on how much u spend and then sell it based on that
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