Fair Price (2003 Ford Mustang Mach 1)

1,194 Views | 10 Replies | Last: 18 days ago by texsn95
Tube
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My dad is selling his red Mach 1 with 145,000 miles. He's the sole owner and it is in pretty decent shape. He has an offer for $5,500 from his mechanic. Most i've seen for sale online have much fewer miles, but I can't help but thing he is leaving some money on the table.

I appreciate any insight from the TA automotive minds.
TSW2012
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AG
Cars and Bids no reserve. You may get more you may get less but you will get market price.
KDubAg
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AG
Seems like a really low offer compared to others on Autotrader, searching nationwide.

2003 with 349k at $11,500
2003 with 119k for $17,900
RCR06
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AG
Seems like a low offer to me.
TSJ
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AG
Manual?
texsn95
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AG
I believe all of those Mach 1s are standard. And yeah 5500 is a joke.
texsn95
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AG
If you a have a FB, join this group and ask around

https://www.facebook.com/groups/Mach1Registry
Corps_Ag12
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AG
Unless the motor is blown or there are a lot of issues with it and the body is beat to hell I would start at $15k.
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texsn95 said:

I believe all of those Mach 1s are standard. And yeah 5500 is a joke.

Actually, I found out that a small number were automatics.

This one was manual. Apparently it needed some minor work and he wasn't offered much on a trade in. He didn't listen to me and let it go.
agnerd
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AG
Seeing some high list prices, but in terms of Sales:
$22,000 22k miles
$28,000 68k miles
$11,500 79k miels
$10,600 182k miles

Having trouble finding sales with miles that high, but seems like $11k is about that right spot. IF he got $5500 and it needed work, that might be an OK price depending on the work.
texsn95
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AG
Tube said:

texsn95 said:

I believe all of those Mach 1s are standard. And yeah 5500 is a joke.

Actually, I found out that a small number were automatics.

This one was manual. Apparently it needed some minor work and he wasn't offered much on a trade in. He didn't listen to me and let it go.

Ah you're right, looks like about 20% are autos. Post a pic of it.
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