Thread: aunt Dian's mustang

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Time is not always kind to our elders.

My aunt Dian has been slipping deeper into Alzheimer's insidious grip for some time. Her husband passed, and her family has her in a nice facility. Her husband made accommodation for her finances, so all is well in that respect. Her immediate family is in process of managing her assets, which roughly translates to selling her lifetime of stuff, which she can no longer enjoy. The assets will help to ensure her financial future, as facilities for the impaired aren't cheap.

Anyway, I have been offered the opportunity to purchase her 68(?) Mustang.

They are asking only the cost of the restoration parts and supplies: $15 K. Plus, the money will help support Dian, and keep the car in the family.

I'd have to sell the 73 charger and 69 nomad to swing it.

I don't make it a habit of making my business public, but thought I'd bounce it off you guys.

Wow sorry to hear this. I have an Aunt with a classic 4door early 60's mercedes. The whole family seems to think I'm the logical choice for taking it. We have limited garage space so I'm not sure I can swing it, but we shall see when the time comes. I love my aunt dearly. I'm sorry to hear about your Aunt's demensia.

That would be a great gesture, but only you can make that choice. If the car has no real value to you other than keeping it in the family I think I'd pass.

Originally Posted by cffisher

. If the car has no real value to you other than keeping it in the family I think I'd pass.

it needs to be something unique for you to do that .. if it is a run of the mill 289 coupe then i would pass regardless of how good of shape it is/was in .. if it is a gt 390 fastback or something along that line then it would be well worth your effort to aquire it ..

Originally Posted by firebird77clone

Time is not always kind to our elders.

My aunt Dian has been slipping deeper into Alzheimer's insidious grip for some time. Her husband passed, and her family has her in a nice facility. Her husband made accommodation for her finances, so all is well in that respect. Her immediate family is in process of managing her assets, which roughly translates to selling her lifetime of stuff, which she can no longer enjoy. The assets will help to ensure her financial future, as facilities for the impaired aren't cheap.

Anyway, I have been offered the opportunity to purchase her 68(?) Mustang.

They are asking only the cost of the restoration parts and supplies: $15 K. Plus, the money will help support Dian, and keep the car in the family.

I'd have to sell the 73 charger and 69 nomad to swing it.

I don't make it a habit of making my business public, but thought I'd bounce it off you guys.

Bodystyle (IE: Coupe, fastback, convertible)
Mileage?
Originality of the drivetrain?
Originality of the body?
Condition of the paint job?
Level of current detailing?
Options (power steering, am radio, etc)?
Condition of all of the above?

This will at least give us something to work with so that we can assist in potentially guiding you to the successful purchase of the car.

Bill S.

PS: At the very least, get the VIN and all of the information off the drivers side door dataplate.

Remember that it was a $3xxx.00 car when new in 1968

Bill's got it right. The original details of the factory build and current condition have to be considered to give any advice. For me, if it's a notch back coupe or convertible I would not have any interest, regardless of the family tie, and I'd say their price is very high. If it's a fast back it would be of interest, but that price is still tall unless it's in pristine condition. The family tie is of zero value to anyone but family. Who's setting that $15K price?

This is your call and it's easy to see you are personally involved in this and rightfully so 'cause it's family and it's vintage tin.
However, selling your two rides in order to obtain this is where I would have the problem. Good Luck in your decision and Best to the Family during this time.

I'll get the info for ya. It's probably the same situation with my charger, more spent on it than it's worth. I'm thinking if I need to sell my cars at a loss to get it, then maybe they can back off the price some.

From what I've seen, it is a beautiful car.

For me, it would have to depend on the condition of the car and condition of the two cars you would have to sell. Another question you have not really answered is whether you really want the car. I have sold or traded many cars as I got different things so for me, it is not a big deal. It just depends on how much you want the Mustang and how attached are you to your current cars. Hopefully the family will come down in price, especially since you are family because most people know the best way to loose money is sell a car that you paid somebody to rebuild. So to charge you the restoration cost is a bit out of line. Another question to ask is how long it has been sitting because you may need to do a bit of work if it has not been driven in a while.

Jumping back in If its that great will you drive it???

Do you really want a “done” car that you didn’t build?


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Originally Posted by Mike P

Do you really want a “done” car that you didn’t build?


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I've been wanting a done car for twenty years!
Is there such a thing?

if you do decide to sell the Charger would you PM me the info and a pic?

meller

I misunderstood the original post regarding the "..cost of the restoration parts and supplies." If it's a finished car then it brings to question how long ago the restoration was done, and to what quality level. I still contend that if it's a coupe or convertible you're not getting a bargain at $15K unless it's very nice. If it's not where you can see it can a family member take a couple of pictures, and send you the VIN number and other codes from the VIN tag?