Appraisal for 1969 Mustang

I am thinking about selling my 1969 Ford Mustang and I would like some opinions on how much I could get for it. It is a V8 302 with the original paintjob, and it only has around 80,000 miles. It runs very well and I was hoping to get around 25-35 for it. I included photos, what are your thoughts? Thank you.

I think you are hoping for something that is not going to happen, honestly. If you want a solid evaluation you need to to provide a lot more information and a ton more pics. You have what would seem like a nice, unrestored, fairly common coupe. Nothing to point to a reason it might hold anything more than average value. Nice versions of such cars routinely sell for low to mid teens...if they are in really good shape.

I would agree with Terry. A 302 69 coupe just doesn't bring that kind of money. I was going to say $15,000 max unless there was something really special about it. With no pics of the engine, interior, trunk, underside, etc....its hard to give it a true value.

While the two photos of your clean '69 coupe look nice, value is a calculation made up of many related components. Start with the idea of "Fair Market Value". Generally, FMV is defined as that amount a willing buyer offers a willing seller not under compulsion to sell. While you can ask anything you want, unless the right buyer comes along who shares your vision of what your car is and sees the value you assign to your car, it will be a slow and painful process of lowering your expectations. Remember that asking and sale price are often very different amounts so look for completed sales to get a better idea of the actual transaction price. Your prospective buyer is looking at the competition in your price range, so should you.

Examples of relevant factors include:
1. What exactly are you selling? (is it a common, unremarkable, base model or a limited production high demand fully equipped deluxe model?)
2. What condition is it in? (Is it a proven concours winning trailer queen, an average condition daily driver, or a rusted out beater with many expensive needs?)
3. Where is the car located? (local market trends should be taken into consideration)
4. What is the car's provenance? (well documented one owner, celebrity ownership, winning race car, or a neglected orphan with little to no history?)
5. Sentimental value. (Is your prospective buyer looking for his favorite Uncle's car that he learned to drive in or lost his virginity in ?!?)
6. What is your competition? (For $25-$35K what other choices does your prospective buyer have?)

Applying these factors to the current selection of 1969 Mustangs for sale, a quick scan of the samplings on my local Craig's List, Ebay, and Hemmings' show a wide range of asking prices for a wide range of cars. Putting the Boss 429, Boss 302, and Shelby models with 6 figure prices aside for this analysis, one can find several very nice, well equipped, very much in demand Mach 1's being offered in the $35K range. In a nut shell, those cars are the benchmarks a prospective buyer will be looking at in your stated price range as they assess your car. Do your homework and due diligence with these ideas in mind if you are seriously trying to sell your car.

Good luck.

Ditto here.
Please don't get us wrong. No insult meant. Its just there are a lot of people out there thinking that their old Mustang is a classic therefore it must be worth $...,....
Not true in the collector world. The realization that its half of what they thought doesn't usually sit well.

Investigate the market. See what '69 coupes are selling for. Get a professional appraisal. get more Mustang forum opinions. If its pure stock you might have a higher price than one that has been customized to a particular taste.

You just have to find that buyer.
Good luck

I just fired up a Craigslist search engine that covers all of the country and the results were interesting. Lots and lots of 69's out there and the bulk of those listed currently are actually not coupes. The ads that appeared real with earnest sellers show some decent cars that are listed to sell in the mid-teens to just about $20k. That is for a "fastback" style body. Coupes always sell for a fair amount less. You haven't said what part of the country you are in and that can play a big role in value. A rust free car in IL commands a lot more than it would in say Texas. Tell us and most importantly show us more. You may even find a buyer that way. Lots of people peruse our site.

Thank you very much everyone for the helpful tips and insight on what I should do. I’ll be sure to add more photos when I get the chance since currently I am away from home. The 69 is located in Mississippi. It is disappointing that it’s not worth that much but it is understandable seeing as there are lots of other better choices out there for buyers. Thank you again, I will be doing my research!

I have a 66 coupe that I put 20k into but I would be extremely lucky if I got 15k out of it just because it is a coupe. Don't get me wrong, coupes rule but they don't rule in the money value end of things.

To further rain on your parade, you have to consider that Mustangs were built in the millions from 1965 - 1973. The huge majority of those cars were coupes. In 1969 there were 299,824 Mustangs built. Of those 128,478 (42%) were standard or deluxe coupes. If you add the Grande coupes the total goes to 150,660 (50%). I have a '69 convertible, one of an original 14,746 (5%), which has garnered 31 various trophies and plaques in the last 20 years. If I could get over $25K for the car it would be a great price. SportsRoofs are selling for considerably more than other body styles, but very few collectors are looking for coupes.