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Old 05/05/2008, 12:03 PM   #1
PNewitt
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What is a '68 GT/CS Worth?

I wanted to start this thread to get youre comments on values. We get this question a lot from owners, most that are new.

What I'd like to do is get some sort of list of values, and perhaps go on this scale:

T-Code (6 cyl)
C-Code (2bbl, 289 or 302)
S-Code (390, 4bbl)
X-Code ( 390, 2bbl)
R-Code (428CJ, 4bbl)

We pretty much have the 428 values covered, but the others are still in some sort of "value limbo". Remember that auction sales values can sometimes skew the real value numbers.

When your mentioning value (such as you just bought or sold a GT/CS), include the condition: Poor, Average, Nice Original, or Concours Restored

This will be a good source for people wishing to know their values, whether to buy or sell, and/or for appraisals for insurance, etc. (If this thread is popular, maybe it can become a sticky).

thanks,
Paul N.
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Old 05/05/2008, 03:27 PM   #2
franklinair
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Now, I'm sad. Doesn't my J code have any value?? :)

Neil
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Old 05/05/2008, 03:37 PM   #3
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Quote:
Originally Posted by franklinair View Post
Now, I'm sad. Doesn't my J code have any value?? :)

Neil
I think he left it off so the others wouldn't be envious.

Steve

The wannabe formerly known as an owner.
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Old 05/05/2008, 03:41 PM   #4
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Quote:
Originally Posted by franklinair View Post
Now, I'm sad. Doesn't my J code have any value?? :)

Neil
Here ya go, Neil ... here's Nada's value on your car (add/subtract the 4 spd and ac as applicable):

http://www.nadaguides.com/default.as...&z=78504&da=-1

...BTW, this can also be modified for most GT/CS options ... ...

"Always do right. This will gratify some people, and astonish the rest." - Mark Twain
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Old 05/05/2008, 04:17 PM   #5
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D Code here, D for David, 347 stroker..i wouldnt sell my car for less than 50 Gs...i know it isn't worth that much...but it has sentimental value to me...and its the fastest CS on the planet LoL Paul
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Old 05/05/2008, 05:08 PM   #6
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just looked at the NADA values again.. did they go up again? I cant remember what it said the last time I checked so I cant tell. Just seems a bit higher.

Anyway.. not sure exactly how we are supposed to do this but...
My C-Code 289 with A/C, power steering, and in average condition appraised for $20,000 in October of 2007. Dont know if that helps any though. NADA says $21,045 Click here for NADA value

~ Tony
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Old 05/05/2008, 06:02 PM   #7
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Quote:
Originally Posted by franklinair View Post
Now, I'm sad. Doesn't my J code have any value?? :)

Neil
OOPS! LOL!! my brain skipped. Certainly!! (J-Code 4bbl. 302)

and I forgot, too, to include the GT option.

Paul.
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Old 05/05/2008, 06:04 PM   #8
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Paul ours was finished last summer, a complete ground up concours restoration, number 1 car and was appasied at $38,000. GT package 302, J-code. Of course we would never sell it for any cost.

Gary
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Old 05/05/2008, 06:04 PM   #9
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Quote:
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...and its the fastest CS on the planet LoL Paul
What do you think keeps the planet rotating? YOUR D-Code 347!

(Casey and I think the appearance of your "D-Code" at GAS was just awesome!!)

Paul :-)
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Old 05/05/2008, 06:08 PM   #10
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Quote:
Originally Posted by ahainline View Post
Anyway.. not sure exactly how we are supposed to do this but...
My C-Code 289 with A/C, power steering, and in average condition appraised for $20,000 in October of 2007. Dont know if that helps any though. NADA says $21,045
That's absolutely what I wanted...excellent source!!

Thank you,

Paul.
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Old 05/05/2008, 06:32 PM   #11
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Well, I must confess I'm at a loss to figure values of this model Mustang. My C/S is not Concourse (as is Somethingspecial) - But it is close to Concourse as far as condition & appearance - But I drive mine, not regularly, but on nice days & 'occasions'. NADA says $40,000 +/- for the condition of my car.
I probably have $23K invested (purchase, transport, upgrades such as S/S wheels, dual exhaust, trim pieces, etc.) If someone offered me $40K, I could not accept that in good conscience. I feel mine has a value of $25K-$30K as far as condition: (on a scale of 1 to 10)
Paint=9
Interior (standard, black)=10
Engine (302/4V, o'hauled, 2,100 miles)=10
Trans (C-4, O'hauled, 2,100 miles)=10
Brakes, Suspension, Exhaust=10
Overall condition/correctness=9
This is my (hopefully) objective evaluation of my car as far as condition & value. Accurate? Maybe, maybe not. But fair, I think. I honestly don't know how (or how much) to calculate or add for the GT/CS option & it's rarity. This is my first venture into this specific model.

Neil

Last edited by franklinair; 05/05/2008 at 06:47 PM..
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Old 05/05/2008, 06:35 PM   #12
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Cool

I have a friend that used to be very diligent about submitting detailed descriptions and sales prices for Mercury Cougar Eliminators to NADA. Both public and private transactions. Frank used to be the registrar for Cougar Eliminators.

He also was able to convince the publisher to more accurately list the available options.

Someone should contact NADA and inquire about making submissions.

Numerous verifiable sales and documentation would probably be appreciated at that publication in order to justify upward or downward value trends.

Just a suggestion.

Scott Behncke
1968 GT/CS 302-4V Honors flysis income beezis onches nobis inob keesis
West Coast Classic Cougar A good source for Mustang mechanical parts too.
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Old 05/05/2008, 07:20 PM   #13
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I started a spreadsheet a few months ago with info from eBAy and members that sent me info.

I have to be honest I have been pretty busy the last few months and haven't kept it up to date as I would like to.

It's a very difficult thing to do because each one has to be based on it's condition.

Rich

1968 Acapulco Blue GT/CS 289 * 1996 Red GT Convertible *
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Old 05/05/2008, 07:54 PM   #14
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Quote:
Originally Posted by ahainline View Post
just looked at the NADA values again.. did they go up again? I cant remember what it said the last time I checked so I cant tell. Just seems a bit higher.
It is higher than the last time I looked, which was over a year ago. High value on mine is over $46K. While it would be nice if that was accurate, Paul's (PFSlim) car would've sold by now if it were true. Doesn't really matter to me though, except for insurance. When mine gets sold, I'll be driving a chariot with a ducktail spoiler.

Steve

The wannabe formerly known as an owner.
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Old 05/05/2008, 08:13 PM   #15
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Paul,

So what are the 428's worth? I think I overpaid a lot for mine, but just curious what you thought they are worth?

Scott

68.5 Blck Mustang CJ Cnvrt, 68 Lme Gld GT/CS, 68 Rd HCS (fact 428), 68 Ac Bl Mustang GT Cnvrt, 68 Ylw GT500KR Cnvrt, 68 Hlnd Grn GT500KR Cnvrt, 68 Gld G.T. 500 Cnvrt, 68 Ryl Maroon Mustang Sprint Cpe, 68.5 Hlnd Grn Fstbck, 68.5 Ylw Mustang Fstbck. Visit my website www.scottfullerreproductions.com .
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