Buying a 65-66 mustang..yes or no???

Question

is buying a 65 or 66 mustang a good idea for an 18 year old? just a project car ranging from 3000 to 4000, nothing fancy such as an A code, california car, shelby, etc....just a regular mustang that would obviously need some work. my actual question is "is it a good investment in buying one of these cars and slowly fixing them up?" any good advice or suggestions would do good!

p.s i dont have the money yet.. i am currently saving up, i already have a car i use for work and school. I USE TO HAVE A 67 mustang THAT I BOUGHT FOR 1400 AND SOLD FOR 2100..and i sold it because of the body being bigger than the 65-66 bodies. and it was 6cyl...

Answer 1

My uncle owns a 1968 Mustang that he uses till this day, so I guess a 65-66 Mustang "might" be a good idea if it is only a project car. Fact is, you need to put in a lot of work to keep it running today, starting with the engine and the body. It's hard, expensive, but if you're a muscle car fan, then I guess it's classic American!

Answer 2

nooooooooooooooooo. the car will probably be crashed anyway. a car from that time should be fixed up and kept as a collectors. maby someday the 18 year olds kids could use it to pay for college

Answer 3

Bad Idea if you want to drive it. Good idea if you want to sell it. Most Mustang fans are hardcore and will give you half their s*****m to get a cherry Shelby. Unfortunately Mustangs built before the 1980's really had some serious suspension issues. You would never want to build a 65 or 66 stang into a race car because it would need a ridiculous amount of fabrication to keep it on the track and keep it competitive. As far as being a daily driver.....not unless it's fuel injected, That would be sweet.

Answer 4

Very few cars can be considered an investment.  By the time you figure out how much it costs you to repair everything that is wrong with a Mustang that only costs $3000 and all the hard work and restoration the car will need you won't be gaining anything.

But if you like old cars and enjoy fixing them up yourself and the satisfaction that goes along with all that then go ahead and buy a classic Mustang to drive and restore.  But if you are buying it as an investment, forget it, you'll never get out of it what you put in it.