Vintage Cars: 1964 1/2 Mustang Price?, mustang clubs, regional values


Question
Hi, i have a 1964 1/2 mustang that i want to get rid of. It has a 200 v6 and the rest is all original. It runs but needs a new generator/alternator adaptation. It also needs minor work. The exterior and Interior are brand new restored. How much do you think i can get for this and where? I live in the Inland Empire in California. Thanks

Answer
I own a 20 year-old, 3-bedroom house in Upstate New York.  How much do you think I can sell it for?

I'm not trying to be a smartass, but to make a point.  Without seeing your car, this question is impossible to answer with any accuracy.  You don't state if it's a coupe or convertible (HUGE difference in value there), what the mileage is, color, options, etc...  The fact that you refer to the engine as a "V6" tells me that you may not be able to accurately answer a lot of questions that will come up about this car (the '64-'73 Mustang came with an inline 6, not a V6) from prospective buyers.  You say it needs "minor work."  What you think is minor may very well run into thousands of dollars for someone that wants to restore it to factory-original status.

But I am here to help, so here's what you need to do.  First, go on-line and find several Mustang clubs with on-line forums.  Ask questions there, and learn as much as you can about the car, because you want to sound knowledgeable when you talk to buyers.  If you sound ignorant to them, they'll try to get your car for a lot less than it's worth.  You need to become an expert on 64 1/2 Mustangs.  This won't be hard, because there's so much info out there on Mustangs.  Trying to become an expert on Studebakers takes a lot more work!  On-line forums often have classified or "For Sale" sections, and they can give you a pretty good idea what your car might sell for.  With the Internet, I wouldn't worry too much about location.  If you've got the car someone is looking for, they'll drive across the country to get it.  Regional values on a classic/ collector car don't mean much anymore.  

I can tell you this: get the electrical problem fixed, as that's a worthwhile investment.  If the car has been restored to original status, put in a generator (best to remain as original as possible).  If the paint and interior work is not strictly original, then go with the more reliable alternator.  I hope this has been of some help, and good luck with the sale!