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Original Message
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| 67' Fairlane GT |
| By Orin - 06/15/2001 2:51:53 PM; IP 209.122.55.2 |
Here is a "value estimate" I picked off of Woody Gummo's Fairlane site (data is from 1999):
1967
Fairlane GT
Condition #1------# 2 -----# 3 ------# 4 -----# 5 -----# 6
2dr HT = 9000 -- 6300 -- 3600 -- 1800 -- 1080 -- 450
2dr Conv = 17,000 -- 11,900 -- 6800 -- 3400 -- 2050 -- 650
Use the 30-foot rule here, i.e. if from 30 feet away the car has no visible defects it is probably a number 3 car. Judging from your description the car is at best in number 4 condition, making it worth at most about $1,800, according to this list. If the engine and tranny are a fresh rebuild -- less than 12 months, 5K miles? -- then I say the car is worth the asking price.
However, judging from your comments ("I just want the car, less the engine and tranny. ") it sounds like you have other plans for the drive train. A 427? A 460, maybe? So all you really want is a '67 Fairlane GT body, right?
Now may be the time to ask yourself: "Why am I buying THIS car?"
It appears you have a chance at buying a matching numbers car, which increases its value for some people. There are not too many of these left, so my personal prejudice is to restore them back to "original."
If you want to modify a 66-67 Fairlane into something it never was you may want to look at a different car, maybe one that has already been modified and then you can with a clear conscience add your own personal touches. There are a lot out there, usually in the $10K range, plus or minus.
A straight body means a lot -- body work is VERY expensive unless you can do it yourself.
A good interior is a major plus. A replacement interior (door panels, seat covers, headliner etc.) runs about $1,700 just for parts.
There are a lot of vendors out there that make Fairlane stuff so replacement parts are not that hard to find. Also, some Mustang stuff (wheels, steering wheels, engine badges etc.) are interchangable, another plus.
Bottom line: If you plan to restore a '67 Fairlane GT back to "original", you're looking at a really good candidate. If you plan to modify it significantly, look for something else. JMHO.
Orin -- '67 Fairlane 500XL, 289/auto
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