Got $3,500
100 desirable collector cars we found for sale, and all for $3,500 or less!
09/23/2018
Are you too broke to engage Mr. October or the King of Late Night in a bidding war at some glitzy, televised collector-car auction?
Awww...too bad.
So now what're you going to do? Stand in line at the Quik Mart, shoulders slumped, waiting to trade your lunch money for a chance to play some state-sponsored, scratch-and-match fool's game and dreaming that you'll win enough money to satisfy your nagging collector-car addiction?
Would you like that big sack of nothing that you're going to score paid out in one lump sum or multiple installments over the course of your lifetime?
Here's a better idea: Give the distracted, body-pierced teenager behind the Quik Mart's counter your money in exchange for the latest copy of Hemmings Motor News (or log on to Hemmings.com).
Hemmings' sprawling classified listings boast literally hundreds of bargain-priced vintage collector cars that no retired pro athlete, or entertainer with a multimillion dollar network TV deal, would be caught dead dragging back to their Malibu estate where said bargain could drool gear oil all over the hand-laid Belgian cobblestone driveway.
But for someone in your tax bracket (make that our tax bracket)...with some late nights spent spinning wrenches; a half-dozen minor, self-inflicted flesh wounds (easily bandaged with shop rags and duct tape); and a dump truckload of new and/or salvaged parts, why the possibilities are endless!
Just so we don't have to listen to you whine about there not really being any deals in Hemmings, here are 100 actual vehicles that either are or were on the market recently for $3,500 or less. Pre-war, post-war, orphans, independents, '70s and '80s iron... whatever your fetish happens to be it's all here. Approximately 99 percent of these were advertised either in HMN or on Hemmings.com. One or two were found on web sites belonging to dealers who regularly advertise their wares in Hemmings.
We attempted to weed out the complete basket cases and parts cars in favor of candidates that were either drivers or showed strong winter-project potential. There probably are some clunkers lurking in the list, but there are some real deals too.
So stand up straight, stop dreaming about being a collector-car owner, and become one right now!
AMC
1967
Rambler American Rogue
290-225hp, four-barrel, four-speed, 354 Twin Grip, handling package, heavy-duty cooling, tach, red exterior, white bucket interior, all documentation from day one, $3,500; 1967 American 440 hardtop, 290-225hp, four-speed, 354 Twin Grip, handling package, heavy-duty cooling, turquoise exterior, black interior, former Stock class record holder, rare, $3,300.
What better way to kick off a list of affordable collectibles? Here are not one, but two factory hot rods from American Motors--one with a drag-racing history, the other with a complete paper trail. AMC produced fewer than 5,000 each of the scrappy compacts detailed in that ad. Go look, bring cash.
Buick
1963
Skylark
All original, older restoration, 215 V-8, aluminum block, white leather interior, runs great, $3,000 obo.
This 1963 Skylark was among the last Buicks armed with the aluminum 215-cu.in. V-8. In its final form it was packing an 11:1 compression ratio and 200hp. For $3,000 or best offer you can own a car powered by one of the greatest engines of all time that "runs great." Imagine that.
1971
Riviera
Boattail, loaded, 455, disc brakes, good driver, great body, needs cosmetics, $3,400.
The boattail design polarizes American collectible car fans, which means that, love it or hate it, it makes a strong statement. A pair of Texas license plates is a reassuring touch for anyone who has experienced firsthand the horror of road-salt induced corrosion.
1974
Electra 225
Coupe, dark green, white top, one owner, complete maintenance records, 164k, registered until 2005, summer vehicle, serviced annually by Buick dealership, new tires in 2004, $2,000, negotiable.
For a negotiable $2,000 you get a pampered 455 V-8/Turbo Hydra-Matic combination in a one-owner Buick, that was dealer serviced annually, with the records to prove it. It even has new tires. What better way to cruise through summer than from behind the wheel of a '70s-vintage GM land yacht?
1979
Regal
Two-door Sport, one owner, 53K miles, V-8, 100% complete, all options, new paint and parts, $2,500.
While hardly on the top of many collectors' lists, '70s Buicks have a following. If nothing else, this V-8 Regal would make a fun driver for a mere $2,500.
1983
Riviera
95K miles, mint condition, three new tires, new belts and new alternator, $2,500.
This listing is worth a phone call, simply to find out why the owner only sprung for three new tires. (Maybe they rotated in the spare?) But at least he was honest enough to admit to it. Available for $2,500 now, but, in 1983, the base MSRP of Buick's sport-luxury Riviera was an eye-popping $15,000. Talk about depreciation--save your money, drive old cars.
Cadillac
1969
deVille
Convertible, many powers, factory air, been sitting many years, needs restoration, first $3,500.
Cadillacs of this vintage aren't hard to come by, but convertibles are always a good investment. If it had proper care, the 375hp 472-cu.in. V-8 under this deVille's football-field-sized hood should deliver gobs of power for hundreds of thousands of miles.
1973
Eldorado
Convertible, Nevada car, needs paint and top, runs excellent, $2,500.
If you've been searching for a place to mount that set of giant Texas steer horns that you picked up for pennies on the dollar when your favorite steakhouse closed down a few years back, consider this never-seen-road-salt front-driver. No car screams American excess quite like the Eldorados equipped with the whopping 500-cu.in. V-8. This one is a convertible to boot. Campy? Yeah well, O.K. Collectible? Definitely.
1983
Sedan deVille
The classic little old lady's car, one owner, always garaged, gray-green with original vinyl top in excellent condition, exceptionally clean, pristine body, replaced rear light/bumper guard extension fillers two years ago, 71K miles, engine replaced in 1990s, $2,995.
Somewhere along the line the 4.1-liter (248-cu.in.) V-8 apparently grew tired of hauling around this 4,000-lb. sled and was plucked out. Of course there is a possibility that this deVille is powered by the 5.7-liter diesel. You do know what your first question is going to be when you call, right?
Chevrolet
1955
Bel Air
Two-door sedan, less engine and transmission, frame cleaned and painted, new ball joints, bushings, brakes, etc. Rust in rockers, lower quarters, tail pan, rolling, $3,500 firm.
1956
Bel Air
Two-door sedan, Oklahoma car needing restoration, $2,900.
1957
Bel Air
Two-door hardtop, charcoal gray, good frame, trunk, body, no engine or transmission, unrestored, good project, $3,500.
The infamously collectible Tri-Five Chevys really have no place on a bargain-hunter's hit list these days, but we can dream can't we? All of these cars are listed by their respective sellers as projects, which should speak volumes about the condition they're probably in. Everything is relative however, so given the breed's popularity, they're probably reasonably priced.
1963
Impala
Station wagon, solid, needs restoring, $3,000; 1964 Super Sport, needs restoring, $3,000; 1955 Olds two-door hardtop, restorable, $3,000; 1958 Oldsmobile two-door sedan, restorable, $3,000.
Talk about your one-stop shopping, this seller has a quartet of slightly off-the-beaten-path collectibles up for grabs, any of which can be had for $3,000. Why not impress your spouse, neighbors and local code enforcement officer by collecting all four?
1963
Corvair
Spyder, 150hp turbo coupe for restoration, engine turns freely, turbo complete, exterior minor rust usual spots, interior rough, $1,475 or best reasonable offer.
1964
Corvair
Coupe, very original, driven into dry storage a few years ago, four new radial tires, automatic, has title, needs restoration, $1,900.
History has not been kind to the Corvair, which is good for collectors in search of some cheap thrills. The 1964 car has the revised rear suspension with the Corvette-inspired transverse leaf spring that Chevrolet designed to help correct some of the car's negative-publicity generating oversteer. The 1963 is the more desirable Spyder coupe with the 150hp turbocharged engine. Decisions, decisions...
1964
Impala
Nine-passenger wagon, PS, PB, PW, factory A/C, luggage rack, project car, $2,200 obo.
This seller included a link to his Web site where he posted dozens of pictures of his Impala. The verdict? This is a solid-looking car for a very low asking price. With some TLC it would make a killer tow vehicle for a vintage dragster, Bonneville racer or whatever.
1966
Impala
Convertible, original red car, needs total restoration, $3,500, can arrange delivery.
While the bare-bones description makes this sound like a car to avoid--the fact that it was located in Arizona gave us a glimmer of hope. Chevy's full-size cars are perennial favorites among collectors, though some years are more dear than others. The fact that it's a convertible doesn't hurt this Impala's value.
1966
Caprice
Two-door coupe, 327 automatic, marina blue outside, black bucket console interior, structurally solid southern body in running condition, needs restoration, $2,950, delivery possible.
In 1966 the Caprice Custom Coupe wasn't just an Impala with some luxury add-ons but a separate model with a squared-off rear roofline. This is a lot of car to embark on a complete restoration of, but at least a strong parts availability would be on your side.
1966
El Camino
327, automatic, PS, PB, new paint, needs windshield and interior done, $3,500.
1971
El Camino SS
Complete rolling chassis with new sheetmetal, car has a big-block V-8, F-41, disc/drum combo, gauges and center console, buckets, sheetmetal is all new, ready to be installed, ran out of time to restore this one, my loss your gain, $3,500 obo.
Get off your high horse and consider one of Chevrolet's worker-bee muscle cars--you are, after all, on a budget. If this were a 1971 Chevelle SS or a 1966 Chevelle the prices would be double, but just because these machines have tailgates...
Both sound like potential projects; however, with a little imagination and a lot of work, the payoff could be worth the effort.
1974
Impala
Four-door, very clean original, perfect dash, good paint, 350 V-8, automatic, cold air, shows 29K, asking $3,500.
O.K., so it's a little hard to get worked up over the prospect of owning a 4,200-lb., 145hp four-door car that looks more or less like a giant box of Kleenex on wheels. That is, of course, until you get to the part of the ad that says the Impala's odometer shows just 29K miles. A 33-year-old automobile in nearly new condition for an asking price of $3,500? If you like gigantic American cars this one's worth investigating.
1975
Monte Carlo
Landau, V-8, automatic, A/C, PS, PB, swivel buckets, 68K miles, $2,500 obo.
The availability of the swivel bucket seat (It turned to face out, making ingress as easy as falling into your bean bag chair) may have been this generation Monte Carlo's single greatest contribution to society. Even if you're not sold on the pouncing-jungle-cat styling, you will probably like the way this Monte cruises. With 68K miles on the odometer--assuming it has had even minimal maintenance--there's plenty of cruising left in its small-block.
1976
Nova
Two-door sedan, six-cylinder, automatic, power steering, excellent condition, sacrifice $2,200.
Though they don't get a lot of respect among collectors, this style Nova, which made its debut in 1975, was a marked improvement cosmetically over the dumpy 1974 model. Two-door Novas were available as coupes or with a hatchback, and the 250-cu.in. straight-six was standard.
1976
Laguna S3
400-cu.in. V-8 automatic, PS, PB, A/C, black outside, maroon bench-seat interior, solid southern body with bad engine, $1,950, delivery possible.
The 1976 model year was the end of the line for the Chevelle's performance variant, the Laguna S3. Though hardly a factory hot rod by modern or 1960s standards, the S3 at least looked tough with its urethane front end, rally wheels and color-keyed bumpers. Beefy anti-roll bars kept the big body from leaning in the turns and the dash featured a semi-racy round-dial gauge cluster. Considering how inexpensive small-blocks are to buy and rebuild, with a little investment of time and cash this could be a fun-to-drive car.
Chrysler
1956
New Yorker
This car is all original with a 354-cu.in. four-barrel Hemi, straight body, needs interior, car has sat for nine years but I believe it would run with effort, options include automatic transmission, PS; would deliver within reasonable distance, $2,500 obo.
O.K., so "...would run with effort," isn't the most reassuring phrase you would hope to find in the description for your low-buck dream car, but in this price range you might as well get used to it, partner. With the value of anything Hemi-powered reaching new heights, this car is definitely worth a look. Keep in mind that aficionados of early Hemis tend to gravitate toward the 1957-'58 392 engine, but the 331-354 was no slouch. Some say that the 354 had the freest flowing heads.
1962
300
Coupe, white body with red interior, factory air automobile requiring restoration, first $3,500.
Don't expect to find many bargains on early 300s, letter cars or otherwise. This ad is a little light on details, which probably makes it seem even more tantalizing. Chrysler only made 11,776 copies of the 1962 300 Sport Series in two-door coupe trim. Those were powered by a 305hp 383-cu.in. V-8. By comparison, only 435 1962 300Hs, packing a 413-inch V-8, were built.
1978
New Yorker
Four-door hardtop, 72K miles, 440 V-8, gold and white, one owner, good condition, $2,000.
It's hard to believe there was a time when auto manufacturers were generating less than 200hp with 7.2-liter engines, but this one-owner New Yorker is a rolling testament to the stranger-than-fiction cars of the mid- to late-1970s. Like many of the other semi-collectible full-size machines on this list, this one is here because it might be in very good condition for little money.
Dodge
1947
Two-door sedan
Original complete car, engine runs, very good body, $3,450.
Carryovers from pre-WWII production and, frankly, nothing to get wildly excited about--which is why they make great post-war collector cars for bargain hunters. In 1946, Dodge added a new grille and parking lamps to the 1942 design and incorporated Fluid-Drive for the first time. Power was provided by a 230-cu.in. one-barrel-topped, six-cylinder which produced 102hp. Buy it, drive it around, and enjoy all the attention you get from surviving members of the Greatest Generation.
1959
Coronet
Two-door hardtop, PS, PB, TorqueFlite transmission, straight New Mexico car, engine runs, $2,500.
Exaggerated fins and giant brows over quad headlamps make the '59 Coronet a spooky-looking machine. There's a high probability that this car is a V-8, as it's listed as having a TorqueFlite. Plus, of the 151,851 cars that Dodge built in '59, 136,200 had V-8 power. At $2,500 it's definitely worth a look.
1964
440
Original, very good condition, red, white top, good interior, no rust, $3,500.
Two-door? Four-door? Wagon? Hard to say from the ad, but the 440 has a big following among Dodge loyalists. Its design is uncluttered and a little boxy, but very tough looking.
1965
Coronet 500
Two-door hardtop, 383, automatic, bucket seats, console shifter, good straight car, sitting many years, missing some parts, $2,495 obo.
1965
Coronet
Two-door post, $3,000; with parts car, $4, 000.
It seems like there's always a lot of hoopla about Chevelles and Fairlanes of this vintage but the Coronet is often overlooked. Not on this list. Here's a pair (three if you count the parts car) of very strong prospects for anyone looking to build a stout quarter-miler or Saturday night cruiser.
The redesigned '66 car and its Charger variant tend to be the cars most people think of when they think of mid-'60s Coronets, which is one of the reasons the '65 made our bargain list. All told, Dodge made 63,100 of these mid-sized bread-and-butter cars--about half of the number of entry-level, compact Darts it produced.
1991
Daytona Shelby IROC Turbo
Black, 150K miles, engine rebuilt at 45K, recent transmission overhaul, factory AM-FM/CD, A/C, PS, PB, power locks, tilt, cruise, two complete parts cars included, $3,400.
While these cars were hardly fast by Hemi Charger standards, in their day they commanded some street credibility. Besides, this car has already had a substantial amount of work done to it and the price includes two more reasons for your spouse to file for a divorce. Four-wheel discs and a five-speed manual transmission were standard on these 152-horse front drivers as were a body color air dam and rear spoiler.
Ford
1923
Model T
Roadster, decent sheetmetal, engine turns, needs restoration, $2,900.
1924
Model T
Touring, engine turns, complete with top irons, needs restoration, $2,400.
1924
Model T
Touring, nice straight sheetmetal, original wood for patterns, good wheels, engine turns, $2,900.
Model Ts are often as good of a deal today as they were new. Nice examples in driveable condition can be picked up for under $10,000 and solid projects often can be found for less than our $3,500 limit. Try to find another pre-war car at this price.
1949
Custom
Two-door, flathead V-8, three-speed with overdrive, radio, heater, shows 48k miles, been in dry storage 30 years, needs total restoration, engine turns, not running, good title, no front bumper, $3,000.
1949
Custom
$3,000.
1950
Deluxe Four-door. Excellent restoration candidate. 98K miles. Flathead V-8 (not running), 3-speed. Exterior: Top surface rust, front-bumper dent, grille small dent, left front fender small dent/lower rust hole/ chrome gone, left front door small dent/glass cracked, left rocker panel rusted out, left rear door wing glass cracked, left quarter small dent, trunk lid small dent, rear quarter small dent, rear-rear door rust hole/small dent/glass cracked, rear rocker rusted out, rear front fender chrome gone/small rust hole, windshields cracked, great frame, no brakes. Interior: Front floor pans have rust holes, front seat torn, radio gone, trunk floor has a small rust hole. $2,300.
Here's a cluster of the ever-popular '49 and '50 Fords--the first all-new machines from Dearborn following the WWII switch to arms building. Though all are probably projects, they help to illustrate how readily available these Fords are at reasonable prices. In 1949 Ford made an incredible 1,118,740 of these cars in response to post-war America's hunger for new wheels. Needless to say, a wide selection is available today as is a full line of reproduction body and trim parts.
1956
Fairlane Victoria
Exceptional body, solid crossmember, floors, trunk. All new side chrome, two 292 engines, all chrome needs replating, too many projects. Only needs hood. $3,500.
For whatever reason, 1955-'57 Fords don't haul down the dollars that their Bowtie-wearing crosstown rivals do. A hood shouldn't be too much trouble to locate, though finding a perfect rust-free one will take some hunting.
1963
Thunderbird Landau
390, automatic, 65k, complete, restorable, solid, PS, PB, $2,500.
This Landau is a relatively rare Bird with just 14,139 produced in 1963. The Landau two-door hardtops featured a white exterior with a maroon top and white leather interior. This is another example of an excellent collectible lurking in the pages of Hemmings.
1964
Fords
Four-door hardtop, 390 auto, $3,500; XL convertible, rough, 390 four-speed, $2,900; Galaxie 500 convertible, 390 automatic, $3,500.
This seller is trying to unload not one but three 1964 Fords--none of which will set you back more than our preset $3,500 limit. Nothing makes a project go smoother than a couple of good parts cars, if you happen to have a good place to keep them. Bring cash.
1965
Custom 500
Tudor post, rare, lowest production body style in 1965 except XL convertible, southern car, V-8, needs restoration, way too many new and used parts to list, $2,900.
1965
Galaxie convertibles
1965 XL, $1,500; 1966 big-blocks, both run, $2,500; 1965 two-door hardtop, A/C, $500; dump truck full parts, $4,500 all.
1965
Thunderbird
Engine turns over, doesn't run, factory disc brakes and A/C, $1,500 obo.
Ford's 1965 lineup not only featured striking styling but offered a dizzying array of notable power plants including the plucky 240 straight-six, the legendary 289 V-8 and the thundering 427. Ford's full-size sedans rode on coil springs for the first time and boasted an all-new design. The Thunderbird was a carryover from the previous year but offered buyers uncommon features like power disc brakes and vacuum-operated power door locks. This bevy of mid-'60s Blue Ovals are all good potential projects with a strong fan base, ample parts availability and strong resale potential.
1966
F250 Camper Special
Rebuilt 390, four-speed, AC, original radio, new tires. Very clean Arizona truck needs very little to complete restoration. $2,500
Is the 1965 3/4-ton Ford on this list too much work for you? Then shell out the extra $1,500 for this 1966 F250 and pull your Fairlane to the drags immediately. Both of these heavy haulers are priced on the extreme low end of what Ford trucks of this vintage are worth. Besides, your significant other will love it above all of your other vehicular treasures the first time you use it to haul in some new shrubs, kitchen cabinets, etc. etc.
1966
Fairlanes
GTA and 500, 390 hardtop cars, no engine or trans, $1,900 each; also have convertible and hardtop parts.
The Fairlane was an all-new machine for 1966, larger than the 1965 and sporting those signature stacked headlamps. In case you were wondering, that A after the GT denotes that this particular car was one of Ford's performance Fairlane GTs with an automatic transmission. This sounds like a treasure trove of pieces and a good place to begin a Fairlane project.
1973
Galaxie 500
Unrestored, excellent condition, 351 V-8, 93K miles, dark ivy color, garage kept, very clean, looks brand new inside and out, $3,500.
1973
Mustang Mach I
Gold, 302 V8, auto, most options, air, window sticker, card, stored, mostly disassembled, original and restorable, new parts included, $2,900 obo.
1973
LTD
Four-door hardtop, brown, 400-cu.in., PW, PS, all original including vanity plates and papers, many new parts, solid car, $1,500 obo.
Here's a pretty good cross section of Ford's 1973 lineup, all available for $3,500 or less. None of these cars are particularly noteworthy from a collector's perspective, but the parts availability remains abundant, and they would all make great drivers. Take your pick, a big family sedan, a big sporty sedan, or a big pony car.
1986
Mustang SVO
One owner, 70k miles, much rebuilt, some parts missing, for parts for restoration, $1,950.
For some reason the turbocharged Pinto engine in a Mustang with Fairmont underpinnings formula just never caught fire, but the SVO Mustang does enjoy a cult following. Though they lack the grunt of their V-8 counterparts, SVO Mustangs benefited from a more favorable front-to-rear weight distribution courtesy of the four-cylinder's trim physique. Goodies like 16-inch wheels and beefy anti-roll bars were standard. This seems like a deal for a one-owner car with 70K miles--depending of course on which parts are missing.
Hudson
1940
Deluxe
Coupe, complete, surface rust, rod or restore, $2,800.
Here's a nice nugget of trivia that all carmakers should take note of: In 1940, Hudson's six-cylinder-powered cars not only set several AAA speed records, but managed to finish a 1,000-mile economy run with an average fuel consumption of 32.66 mpg. Help conserve the Earth's natural resources; drive a 66-year-old Hudson.
1950
Pacemaker
Two-door, 66K miles, barn fresh, $3,000 obo.
Here's an entry-level, but spiffy two-door Hudson that will start you down the road to early 1950s Hudson addiction. Low, sleek and subsequently imbued with very respectable handling traits, Hudsons once ruled the roads and the racetracks of America. Make a best offer on this machine and find out why.
Lincoln
1946
Model 66H
Four-door sedan, 55K miles, V-12, three-speed overdrive, complete, solid, restorable, $2,500.
Though having a V-12 under the hood sounds impressive, the Lincoln engine managed to produce just 130hp out of 305 cubic inches. Still, it was deemed powerful enough to pace the Indy 500 (between the fenders of a Continental) that year. Try to find another V-12 classic for the same price!
1969
Continental
Four-door, butterfly doors, 460 engine, dark green outside, green satin original interior, solid southern car in running condition, needs restoration, $3,450, delivery possible.
1969
Continental
Four-door, 460 engine, yellow exterior, green leather, 83K miles, $3,000 obo.
At over 5,000 lbs., these luxury barges needed every bit of those 460-cu.in. V-8's 365 horses to pull them around. Still, they have no problem smoking the rear tires from a standstill and came fairly well loaded with creature comforts. And about that styling: If you can find a more ominous-looking pair of cars, buy them.
1973
Mark IV
Cartier Edition, 42k miles, original, wire wheels, new tires, vinyl top, Nevada car, $2,900.
This is definitely a plush, powerful cruiser, but if it's a 1973 then it isn't a Cartier Edition. Lincolns with Cartier clocks are commonly mistaken for Cartier Edition cars which were produced as part of the Designer Series in 1976. Still, for $2,900, this would make a fantastic road trip machine.
Mercury
1961
Monterey Convertible
Runs good, 390 automatic, low rider, $3,500.
The average Hemmings reader's skin crawls at the thought of making this Monterey convertible into a custom low rider, but unfortunately it looks as if work has already progressed in that direction. Even in primer and missing a hood, this is an elegant-looking car, though there's much to be done... But there's still time to make it stock again.
Oldsmobile
1963
Holiday
454 engine, garage-stored for 30 years. Low miles, runs good, had tune-up. Estate sale. Must sell fast. $1,800 appraised at $7,500. Rare.
Hmmm... 88? 98? Two-door? Four-door? And just how did that 454 get in there? Frankly, the suspense is killing us, and if the car wasn't 2,500 miles away we might have already peeked under the hood long before you read this.
1963
Ninety-Eight
Four-door hardtop, 394 Rocket, 84k, all original, sky blue, six-window, no A/C, minor bodywork needed, runs great. $3,500.
This was Oldsmobile's top model for 1963 and it retailed for a then-hefty $4,332. The V-8 pumped out 330hp and a whopping 440-lb.ft. of torque. With just 84,000 on the odometer this car still has a lot of luxurious driving to offer.
1966
Toronado
Deluxe model, factory chrome wheels, black with black interior, solid southern car needing full restoration, engine will run, $3,450; delivery possible.
This was the first year for the then-futuristic front-wheel-drive Toronado. It was a no-brainer choice for Car of the Year accolades from automotive scribes of the day, thanks in no small part to its mighty 385hp 425-cu.in V-8. These cars continue to enjoy an enthusiastic following, so restorable examples will command figures on the high end of our bargain-hunter price range.
1967
Cutlass
Two-door, needs restoration but in good workable condition, $2,800; '67 4-4-2 convertible, body in good condition, no frame, all other parts are there including M21 trans and Hurst shifter, $1,500.
The 1967 Olds Cutlass is a big, boxy, but nonetheless handsome-looking automobile. This seller has a pair to part with, one of which is a valuable 4-4-2 convertible that's in need of underpinnings. There's no mention of engines in the listing but a good first question would pertain to whether or not a certain numbers-matching 350hp 400-cu.in. V-8 happens to be lying around.
1974
Two-Door Coupe
350 V-8, no rust, 53K miles, second owner, A/C, PS, PB, radio, all original, drive it home, well maintained, kept inside, $3,500 obo.
Talk about a mystery. This could be a Cutlass, a Cutlass S, a Cutlass Supreme, a Delta 88 or a Delta 88 Royale. With just 53,535 miles in the hands of the second owner, whatever it is, it's worth a phone call.
1976
Ninety-Eight
Coupe, green with white landau top, 455, 76K miles, good driver with PB, PS, power seats and windows, garaged until October 2003, needs minor cosmetic attention, $3,000 obo, has to go.
Two decades ago, now-defunct Oldsmobile was thriving, thanks largely to the 500,000 Cutlasses sold, and still stamping out enormous cars like this 98 which rode on a sprawling 127-inch wheelbase. The 1976 edition was powered by a 190hp 455 twisting up 350 pound-feet of torque. This car has at least 150,000 miles of cruising left in it.
1983
Delta 88
Four-door sedan, 46K miles, excellent condition, $3,000 obo.
The early 1980s 88s were big sellers and were available with the 5.7-liter diesel as well as the Olds 307 and the 3.8-liter V-6. No word about which powerplant this car came with but, with proper care, any of them should be able to spin the odometer well into the six digits.
Packard
1955
Clipper Custom
Four-door, 352 V-8, automatic, yellow/white exterior, black/white interior. Runs great, body good, has two dents and a little surface rust. Thin whitewall tires. Needs windshield, includes one that could be used. Needs bodywork and interior work. I drive this to cruise nights. $2,150 negotiable.
Here's your chance to own a running, driving, presentable example of the 8,708 stately '55 Clipper Customs for less than the sales tax on a new SUV. So, don't whine to us that you can't afford a unique collectible car if you haven't bothered negotiating on the already-reasonable $2,150 asking price of this car.
Plymouth
1969
Road Runner
Yellow coupe, 383, automatic, super solid Wyoming car, needs complete restoration, $3,200.
Let's face it, the chances of finding a running, driving '69 Road Runner for under $3,500 are not particularly good--especially with Mopar collector-car madness spreading across the land like a deadly bird flu. Still, here it is, needing a complete restoration for just over $3,000. Though not the biggest hammer in Plymouth's toolbox, with 335hp on tap the 383 in this Road Runner would nail you to the back of the seat, nonetheless.
Pontiac
1949
Deluxe coupe
Silver Streak, Straight Eight, slantback, stored since 1964, auto, radio, spotlamps, restorable, minor rust, $3,200 obo.
This post-war Pontiac has it all except an owner who wants to use and maintain it as the collectible it is. Pontiac's L-head 103hp straight-eight is a great conversation piece and will deliver miles of dependable driving. This is an excellent car to use and enjoy.
1968 & 1972
Le Mans
Convertible, complete western car, runs, needs restoration, $2,500; 1972 Luxury Le Mans, 350 automatic, buckets, console, California car, $2,500.
Looking for a Le Mans? This seller has two, one of which is a low-volume '68 convertible-only 8,820 made. The other is a Luxury Le Mans with bucket seats and a console, issued in two-door hardtops, of which 8,641 were built. A plentiful parts supply makes restoration easy.
1973
Grand Prix
Maroon with maroon interior, bucket seats and console, 400 engine, Turbo Hydra-Matic, super driver, original, $3,000.
The seller definitely speaks the truth--these Grand Prixs are smooth riding, powerful drivers. Good examples can be had at cheap used-car prices. Enough said.
Rambler
1960
Four-Door Barn find, runs and drives, no smoke, 3-speed, column shift, original pink and white, 56K miles, original, drive it home, $2,650.
Subtle tailfins, a split front bumper, that eggcrate grille topped by chrome RAMBLER letters--Ramblers definitely made a late-1950s/early 1960s styling statement. This one is up for grabs for less than the down payment required to lease a mid-sized Korean car, and the owner claims it's ready to be driven.
Studebaker
1908
Doctor's horse drawn buggy
$3,295
1935
Dictator
$2,995
1950
Business Coupe
$1,995
1956
Station Wagon
Two-door, $895
1948
Starlight
coupe $1,295
1950 Starlight
coupe $2,995
1966
Cruiser
$2,995; payments considered, low-cost delivery.
1966
Cruiser
$2,995; payments considered, low-cost delivery.
Studebaker still has such a loyal following, you would think that the company went out of business last week. Here's what amounts to a Studebaker dealer selling everything from a 1908 buggy to a boxy 1966 cruiser--complete with financing and available low-cost delivery. Best of all, nothing on this list exceeds $3,000, leaving a few bucks in the budget for parts or a new buggy whip.
1962
GT Hawk
289 V-8 fully rebuilt, 3-speed manual transmission with overdrive, four-barrel, original white interior, full dash, original glass, four finned brake drums all within tolerances, minor rust but overall great condition. $3,500 obo.
Again, why are you reading this and not scouring the pages of Hemmings Motor News or browsing Hemmings.com/cars-for-sale for your own affordable collector car? Low book value for a GT Hawk is $5,000 and, in tip-top shape, they'll haul in $20,000. This seems like off-the-charts low pricing for this car and, odds are, since it's in Southern California, the person who wrote the ad wasn't exaggerating about the minor rust.
Willys
1952
Aero
Appears to be original paint and interior, very little rust, odometer shows 36K miles, last driven in 1984, $3,500.
Willys' cute little Aeros were capable of 35 mpg which would make one of them a good choice for semi-daily driving these days. The base Lark was powered by a 161-cu.in. L-head six that delivered 75hp, while the Wing, Ace and Eagle models used a 90hp, F-head, 161-cu.in six. You'll be hard pressed to find a more affordable, rarely seen collector car than this.
So…you’re thinking about buying a Mustang, huh? Can we talk? Having the privilege (and curse) of owning nine late model Mustangs that span four generations, I understand. Have a seat, and let’s go for a drive…
I didn’t start out loving Mustangs. In fact, a few days from concluding high school classes my senior year, I was determined to buy an affordable car for college (and tinkering). Only stipulations: it had to be rear wheel drive and V-8 powered. Bonus points for three pedals. I found something a mile from my house that was within my budget (read: clapped out). It was a five-speed 1985 Mustang GT.
Author with his 1985 Ford Mustang GT.Photo: Wes Duenkel
My initial relationship with Mustangs was less of a love affair and more a marriage of convenience. Ever since that first Fox-body GT, Mustangs have repeatedly ticked the boxes of what I like: modest size, V-8 soundtrack, stick shift, and copious customization potential. Familiarity bred comfort. It’s only as I approach thirty years of Mustang ownership that I realize, “Huh, I really LIKE these things.”
It's from this perspective that I’ll share frank advice for novice late model Mustang shoppers.
By “late model,” I’m referring to 1979-current Mustangs. They span five generations and forty-five years: 1979-1993 (3rd generation), 1994-2004 (4th generation), 2005-2014 (5th generation), 2015-2023 (6th generation), and 2024-present (7th generation). Rather than discuss each generation individually, I’ll approach this from an attributes angle: What you’ll like about a Mustang…and what you’re probably going to hate about a Mustang.
(Note: we’re only going to discuss V-8 Mustangs because nobody cares about the others. Change my mind.)
Yeah, it’s subjective. Each Mustang generation has a “vibe.” You want to resist the urge to look back at your parked Mustang, not be embarrassed by it.
Photo: Hemmings Archives
The Fox Mustang styling is kinda polarizing. You love it or hate it. They’re boxy and edgy. As my teenage son’s friend quipped upon viewing his first Fox-body Mustang: “I’m not sure if this car is cool or ugly.” It’s both! If you’re into the Radwood scene, grew up careening down country roads at triple-digit speeds either in (or behind) a 1979-1993 Mustang, it’s going to bring back memories. That’s the point.
Photo: Hemmings Archives
The SN-95-era Mustangs are aesthetically “husky.” While it structurally continued with the same chassis as the Fox, the SN-95 was complete rejection of the previous generation’s hard-edged design. There’s not a straight line on (or in) a 1994-'98 model Mustang. A facelift in 1999 brought some sharp creases back to the exterior sheet metal, but the interior was unchanged. Because the 4th generation continued with the 3rd generation’s underpinnings, SN95s are basically flabby (in both proportions and weight) Fox Mustangs. Wonky proportions notwithstanding, the styling resonates with some owners, and their popularity is starting to tick up.
Photo: Bryan McTaggart
The S197-chassis Mustangs put 1960’s styling on a modern chassis. If you dig retro styling in a modern, roomier, and safer package, a 5th generation Mustang is for you. The 2005-'09 models “got the band back together” with body panels, lighting, and a greenhouse that isn’t just a nod to the 1965 Mustang—it’s a reunion tour. Sure, the guys put on a few pounds over the years, but their teeth are straighter and whiter, and they all stopped drinking. While it’s not the same old hellraiser, there’s a lot to like here. The 2010 Mustang got a facelift that was further updated again in 2013.
Photo: Ford Motor Company
The S550-era Mustangs are the first of the breed to be officially sold worldwide and were designed to resonate with the diverse tastes of global buyers. It’s sleek and athletic. It was so good that its silhouette is visible in worldwide models from BMW and Kia. A 2018 facelift shrunk the schnoz a bit to improve both aerodynamics and aesthetics. It’s a very “safe” design that will likely age well. Where the S197 is an A-10 Warthog, the S550 is an F-16.
Photo: Ford Motor Company
If you want a brand-new pony car straight off of the dealership lot, the S650 is your choice for Mustang. While the S650 is basically a continuation of the S550 chassis (see also: Fox to SN95 chassis), Ford’s stylists took the defeated Camaro as the pony car battle’s war bride, and the seventh-generation Mustang was spawned. Good thing or bad thing? You decide.
If the interior isn’t a noisy, punishing sweatbox…is it still a Mustang? Discuss.
1980 Ford Mustang Ghia interior. Note the flat-faced Fairmont-inspired dashboard and fragile center console.
Photo: Bryan McTaggart
The Fox-body Mustang's ergonomics are notoriously bad. If you’re tall or short, a Fox Mustang is not a fun place to be. Lanky drivers can’t slide the seat back far enough, and short drivers can’t reach the shifter. The steering wheel generally faces the door handle and can’t tilt if it’s an air bag-equipped 1990 and newer model. All the seats are soft and unsupportive by current standards. 1979-1986 models have a boxy dashboard and a wire-thin steering wheel. 1987-1993 models got an updated (and iconic) interior with a surprisingly long dashboard storage tray so your spare change and Blockbuster Video membership card slides around in corners more than the live rear axle. If you don’t know what either of those are, this is only the tip of the iceberg of surprises awaiting uninformed Fox Mustang shoppers.
1987-up Mustangs featured a face-lifted interior. Those cupholders are an aftermarket addition, taking the place of the ashtray.
Photo: Hemmings Archives
No, there ain’t any cupholders for your iced coffee, Karen. But if you’re of average proportions, outward visibility is refreshingly good and the back seats are surprisingly comfortable. There’s even an ashtray back there. The interiors on Fox Mustangs are cosmetically and structurally plastic—most of which is either cracked and broken…or will be soon. A Fox Mustang creaks, rattles, and twists like a pirate ship full of empty spray cans in a windstorm. Speaking of wind: there’s lots of that noise too. And if your Fox Mustang has some type of hole in the roof—be it a sunroof, T-tops, or (thoughts and prayers) a convertible, not all water will stay on the outside. If your Fox Mustang hasn’t had its heater core changed yet, then know that coolant can (and will) leak from there, too.
The SN-95 interior and its 1960s Mustang-inspired "dual cowl" treatment was first previewed on the 1992 Mach III concept car.
Photo: Hemmings Archive
SN-95 Mustangs inherited the weird ergonomics of the Fox generation and added droopy plastic that melts around you like a shop class vacuum forming project. The optional leather seats cracked just looking at them, so don’t be surprised if the seating surfaces look like Clint Eastwood’s face when you trapse across his lawn. (Aftermarket seats go a long way to increasing comfort and aesthetics in one fell swoop.) The 4th generation’s arched greenhouse makes taller drivers even more miserable than they are in a Fox Mustang, with rear headroom suffering the most. The interior is quieter than the Fox, with less wind noise and more sound deadening, which means you can hear more of the interior panels creaking. But hey, at least there are cupholders.
The S197 retained the dual-cowl theme but didn't leave the front passengers feeling claustrophobic. Certain models had adjustable gauge backlighting, allowing drivers to change colors as they pleased.
Photo: Hemmings Archives
The S197 Mustangs silenced many gripes with previous generations. Pre-production focus groups got us a vastly updated interior with a steering wheel that actually faces the driver, a reachable shifter, seats that don’t fall apart, and a roof that accommodates tall people. The standard seats are “meh,” so the optional Recaro seats are a plus. The back seats are sunk down far enough to yield good headroom so your passengers can ponder why they’re sitting atop a live rear axle rather than an independent rear suspension… but I digress. The throwback styling continues with the dual-cockpit dash pad and gauge cluster. The modern engineering and manufacturing techniques yielded massive strides in eliminating interior panel creaks and rattles and you can hold spousal discussion without shouting (at least over the wind and road noise). After you tire of arguing with your spouse, you can do the same with the SYNC system. Don’t worry: SYNC won’t understand you either. At least the cupholders are well-designed.
The S550 Mustang's interior was an evolution of the S197's overall design - clean, functional, and driver-focused.
Photo: Ford Motor Company
S550 Mustangs have a more immersive cockpit over the previous generation, where drivers feel more “in” the car versus “on” it. While it accommodates the driver and front passenger as well as the S197 Mustang, even average-height adults’ heads are squished against the sloping back glass if passengers are banished to the back seats of an S550 Mustang. The center stack has an infotainment system that is less irritating than previous offerings. A digital gauge cluster was optional on later models, which is either cool or gimmicky depending upon your attraction to tech. Again, the optional Recaros are brilliant. Get them if you can. Thick glass, copious sound deadening, and a creak-free instrument panel make the inside of an S550 very quiet pleasant. Aside from contemporary sports-car-style outward visibility, there’s not much average buyers would complain about. Weird.
The S650 enters the modern era with screens. Gauges can be changed, including a late-1980s Fox Mustang-themed design and a 1968 Mustang-inspired layout.
Photo: Ford Motor Company
S650 Mustangs feature a more “driver focused” cockpit with big screens that replace much of the mechanical switch gear. Utility and functionality is debatable. Fortunately, when you start actually driving the thing, it’s very much business as usual from the previous generation S550 Mustang. The greenhouse is a structural carryover, so all that’s good (and bad) with the S550 continues with the S650…including the optional Recaro seats. The park brake handle perseveres, but it’s now connected by wire to electric rear park brake calipers. The result is the park brake handle action is springy and lifeless—unless you use it in “drift brake” mode. Grab those cell phones and step away from the curbs, folks.
Aside from looking at or sitting in a Mustang, the allure of Ford’s pony car is about driving it, right? Strap in... and try not to die.
Courtesy of MotorWeek
These Mustangs drive like 1980’s econoboxes with too much torque, because that's exactly what they are. If you’re expecting blissful performance from a Fox Mustang, prepare to be disappointed. Just remember the famous quote, “Never meet your heroes.” Scores of Mustangs ended their lives (and sadly, the lives of their occupants) wrapped around roadside objects because the drivers didn’t respect the limits of themselves, the cars, or the drivers around them. 1979-1993 Mustangs aren’t bad, it's just that they’ve been hyped up so much that drivers have forgotten how miserable cars were back in the 1980’s. Over-boosted steering, squishy subpar brakes, stiff clutches, schizophrenic handling, harsh ride - this was all typical. And Mustangs were not the worst offenders (I’m looking at you, GM F-body!) A chassis designed for the 55-mile-per-hour speed limit is glaringly out of its element on 70+ miles per hour highway speeds. But getting to the double nickel is a hoot! Squeeze the gas on the five-oh and woah, you’ve buried that speedo needle. Speaking of “woah,” don’t expect the brakes to save you. Most Fox Mustangs only had 11-inch discs on the front and puny drums in the rear. (Cue the Mustang geeks arguing in the comments about the outliers with rear discs.) If things go bad, only 1990-1993 Mustangs have a driver’s side air bag…and it’s unlikely that it still works.
If you’re expecting a Fox Mustang to knock your socks off, that depends upon how rough the pavement is. Some buy a 4th generation Mustang expecting legendary performance and are sorely disappointed. Stock Fox Mustangs barely crack 200 horsepower. With about 3,300 pounds to lug around and plenty of low-end torque to do the lugging, they roast the puny 225mm-wide tires readily. But once the needle gets past 4,000 RPM, it’s a snooze-fest. Doubly so if the 5.0 is mated to an automatic slush box. The popularity of centrifugal supercharging and it’s top-end kick makes sense after driving a bone-stock Mustang five-liter: boost picks up where the factory power curve noses over.
But driving isn’t all about speed, right? Add some Flowmaster mufflers and you’ll sound cool while hustling up the onramp. You’re going to hear it anyway. The windows are rolled down because the air conditioning probably doesn’t work.
Courtesy of MotorWeek
1990s Mustangs drive like mature Fox-body Mustangs, so if you can stomach the styling, SN-95 Mustangs are more enjoyable than a Fox. With more weight comes less noise, vibration, and harshness. The air conditioning might even still work. While the first two years carried over the trusty five-oh pushrod engine, 1996-2004 models featured Ford’s 4.6-liter, overhead cam, modular V-8 engine. Even if the early “mod” motors were disappointments from a horsepower and torque perspective, they certainly are smoother and remain extremely reliable. At least all the bolts were finally metric.
Strides in safety are significant over the Fox Mustang, too. Driver and passenger-side air bags, anti-lock brakes, and optional (and primitive) traction control make SN-95s less lethal.
After leaving niche “high performance” variants to specialists like Saleen, Ford offered an in-house low-volume model: the Mustang Cobra. These Mustangs offer performance and a driving experience that’s significantly better than their GT counterparts in every way. Pricing aside, there’s no reason not to opt for a Cobra over a GT. Each subsequent Cobra offered more performance than the last, especially in the braking department.
The 2003-2004 Mustang Cobra aside, SN95 Mustangs are very slow. Especially if there’s only two pedals. All automatic transmissions in these cars were buzz killers. You can’t expect to win any stoplight duels with an SN95 Mustang, but that doesn’t mean they’re not fun to drive. Sometimes driving a slow car fast is more rewarding than driving a fast car slowly. (At least, that’s my excuse.)
Courtesy of Adam Kriete
The S197 Mustangs weren’t much faster than the outgoing model because the added horsepower and torque was offset with more weight. It wasn’t until the 2011 model where Mustang got the engine it arguably deserved: the five-liter “Coyote” V-8. With over 400 horsepower on tap, the Coyote really transformed the Mustang’s reputation from plucky puppy dog to an outright Doberman Pinscher. Mated with a six-speed manual gearbox, Coyote-powered Mustangs hurt feelings—and tires. Power discrepancies aside, all S197 Mustangs offer a driving experience that’s leaps and bounds ahead of anything before. Credit goes to a modern chassis where engineers weren’t forced to make as many compromises. Even the live rear axle (retained for reasons that remain debatable) was adequately tamed. Ford finally did a thing!
The 2005-2014 Mustang’s steering feels decent, you can skip leg day and still operate the clutch, the shifter knob easily falls in hand, and the V-8 soundtrack remains. The stiff chassis really pays dividends on rough roads: approaching potholes or bridge transitions is not a sphincter-stressing experience. Safety is enhanced with multiple air bags, modern brakes, and extremely effective traction control and anti-lock brakes. If safety is a priority (which it always should be) then I strongly recommend an S197 Mustang. There’s a lot to like. The biggest change (in my mind) was the five-speed automatic transmission doesn’t completely ruin the driving experience with sluggish performance. But get the stick anyway.
Photo: Hemmings Archives
These Mustangs are a joy to drive. Tons of power, responsive chassis responses, fabulous brakes, engaging driving position, and sure-footed handling make the S550 Mustang a go-to recommendation for the casual Mustang owner. It offers the most rewarding driving experience for the average driver partly because it requires the fewest compromises. The S550 Mustang is a highway weapon. My snark switch is turned off because it’s a great car to drive. Steering feedback could be better and the brakes less boosted, but these are a matter of preference rather than failings. The quiet cabin allows the exhaust sound to dominate the driving experience. While the automatic transmission options don’t suck, the manual gearboxes are so good you’re missing out by opting for two pedals. If you’re sitting in the Recaro seats, you’re going to love it even more. Clearer communication from the chassis to your torso transforms the driving experience more than you’d expect.
Photo: Hemmings Archives
Mustangs carry on the theme from the previous generation by retaining much of the same running gear. Steering feel is improved with a shaft that eliminates a rubber isolator. If you close your eyes while driving (not recommended), you’d be hard-pressed to differentiate between the S650 and S550 chassis—and that’s a good thing.
While a Mustang might be great to look at and drive, is it a headache to own and maintain? Is it going to strand you? Yes. No. Maybe.
Photo: Hemmings
Fox Mustangs are old cars by now—and they have old car problems. Fluid leaks (exacerbated by the popularity of synthetic lubricants) are all but guaranteed. “If there ain’t oil under it, there ain’t oil in it.” Valve covers, rear main seals, and oil pan gaskets weep with age. Rubber seals, once supple and compliant, are now shrunken and brittle. 1980’s electronics are also beyond their service life, as many of the components, such as capacitors, are leaking and no longer have their, uh, capacitor-ness. Some of these magic boxes (such as the fuel injection computer) are available rebuilt from the aftermarket—but some (like the air bag diagnostic module) are currently unobtanium. That blinking air bag light is going to be a fact of life. Refrigerant for the air conditioning is no longer available, so reviving the A/C is not easy if you don’t like sweating. Don’t get me wrong: a Fox Mustang can still be a reliable daily driver, but if much of it is original, bring tools. If reaching your destination without turning a wrench as an accomplishment, then a Fox Mustang is for you. But if you (or your wife) is in labor, don’t drive the Fox. Much of the reliability of a Fox Mustang is a function of how it was treated or how much has been replaced or updated. Fortunately, Fox Mustangs are very simple and conventional. You don’t need fancy diagnostic devices or special tools to work on them. If you’re ambitions, crafty, and bored—a Fox Mustang is a great project. However, if you’re not a do-it-yourselfer, a Fox Mustang will keep your mechanic busy and your wallet empty. So unless you like spinning your own wrenches, find something newer.
Photo: Hemmings Archives
Mid-'90s Mustangs are less of an ownership gamble than the previous generation. Through the decade of production the SN-95 Mustang got updated components that brought contemporary reliability. 1996-up OBD-II diagnostics made tracking down basic issues a bit easier, and the modular V-8 engine family (also in 1996-up models) reduced fluid leaks. Air conditioning did away with the old freon refrigerant and is more serviceable. However, the large physical size of the modular V-8s makes servicing anything out of arm’s reach challenging. Be prepared to cuss... a lot. Years of ethanol-spiked fuels have taken their toll on these early fuel systems, so failed fuel pumps are common. With Fox and SN-95 Mustangs, mileage is less of a factor than outright age. Speaking of mileage: if a prospective SN-95 Mustang has a mechanical odometer (1994-1998), don’t trust what it says. The gears on these units often disintegrated years ago, and the odometers no longer track miles. Wonderful.
Photo: Hemmings Archives
These Mustangs are less “classic cars” and more “used cars” at the moment. With this generation, milage is a larger factor over outright age. If a 2005-2010 three-valve V-8 Mustang is making noise, chances are it’s the timing components. It’s a common issue, and replacement parts are plentiful. When test driving an S197 Mustang, typical used car buying logic applies: if your senses suggest something doesn’t look, feel, sound, or smell right, have it checked out or find a better Mustang. The S197 chassis is the roomiest of the modern generations, so working on a 2005-2014 Mustang is a breeze. Modern assembly techniques focused on speed and cost mean fasteners are few and easily accessible. The aftermarket is awash in parts for these cars, making the S197 Mustang is also a great “first Mustang project.” You’re going to spend less time fixing broken stuff and more time making the Mustang faster or louder (and maybe both)!
Photo: Hemmings Archives
Mustangs are more sophisticated and confined than the previous generation, but everything is in the same spot and is built similarly. The biggest departure chassis-wise is the independent rear suspension (IRS). It’s significantly more complex than the live rear axle—good thing the IRS is robust. The S550’s engine compartment is more confined than the S197’s, but if you have small hands or patience, it’s not too bad. Fluid connections are mostly a click-together affair, so that’s a plus. S550 Mustangs are young and plentiful, meaning finding one that’s clean and straight is not difficult. Effort in pre-purchase inspection will yield dividends in service and reliability for years to come.
2024-current “S650” Mustangs are new and under warranty. Enough said.
Photo: Hemmings
Spanning 45 years, "late model" Mustangs have something for everyone. If you’re a crafty do-it-yourselfer, want people to chat you up at stoplights, and don’t care if something breaks along the way…shopping for a 1979-1993 Mustang is for you. If you’ll take flabby styling in exchange for a slightly more refined driving experience, enhanced reliability, and a classic soundtrack…consider a 1994-2004 Mustang. Looking for a great project car with retro aesthetics but modern performance that won’t strand you or break the bank? A 2005-2014 Mustang is on your list. If you’re new to Mustang ownership, want to drive it daily and experience what makes the internal combustion V-8 engine the greatest mechanical contraption in human history…find a 2015-2023 Mustang. If you want a new Mustang because it’s, well, new: the 2024 Mustang is it.
Glad we had this chat. Welcome to the Mustang cult.
RPO Z06 Makes the New-For-’63 Chevrolet Corvette Sting Ray Race Ready and Extremely Valuable
Due to changing external forces, General Motors had a fickle relationship with factory-backed racing in the 1950s and 1960s, and the corporation was ostensibly keeping motorsports at arm’s length when the second-generation Corvette was nearing its debut. This didn’t stop the engineers behind Chevrolet’s sports car from designing and building the specialty parts the new Sting Ray would need to establish dominance in competition. The Regular Production Option code Z06 was selected for 199 coupes, and surviving examples of that limited production run are considered the most coveted and valuable road-legal 1963 Corvettes in existence.
Regardless of what the official GM policy on racing was at the time, the Corvette team had long been actively encouraging motorsports and the glory that brought to this model and Chevrolet as a whole. Privateers who wanted to compete in their 1962 roadsters could specify RPO 687 to gain heavy-duty suspension and braking components, as well as a quicker steering ratio and 37-gallon fuel tank; ticking the RPO 582 box brought a 360-horsepower 327-cu.in. V-8 topped with Rochester mechanical fuel injection. Versions of these special upgrades would have a place in the new-for-’63 Sting Ray as well, for a time similarly bundled under RPO Z06, a.k.a. “Special Performance Equipment.”
Selecting this, a racing hopeful had to lay out a not-insubstantial $1,818.45 ($18,110 in today’s money) atop the $4,038 (circa $40,210) MSRP of a 1963 Corvette coupe that was also optioned with the L84 fuel-injected 360-hp V-8 ($430.40, or $4,285), four-speed manual transmission ($188.30, or $1,875), and Positraction limited-slip differential ($43.05, or $429). Later in the year, Chevrolet lowered the Z06 package cost to $1,293.56 ($12,880) by making the initially included cast-aluminum knock-off wheels and 36.5-gallon fuel tank —RPO P48 and N03—into standalone options. Even in its most basic form, a Z06-equipped 1963 Sting Ray was an expensive car.
And it has always been one, especially from the mid-2000s when retail book values shot up exponentially. Classic.com has been tracking the values of many variants of Chevy’s sports car for the past five years, and non-Z06-equipped 1963 models now sell at auction for an average sum just under $160,000. The Z06 variant is a special case, and although the website currently considers the ’63 Corvette Z06 to be a declining market benchmark at $510,165, it has hardly reached bargain-basement status—the current average public-sale price as of press time is $531,154. Thirteen Z06s have sold at auction since August 2019, with the least expensive being a coupe that changed hands via Mecum in Houston for $235,000 in April 2023, and the priciest being a sub-5,400-mile original that commanded $1,242,500 (the pre-sale estimate was $750,000-$900,000) at Gooding & Company’s Amelia Island event in March 2022. These figures handily outstrip current retail book values that range between $219,000 and $447,500.