Hey all, first post here. Long time fan of mustangs, especially '69-70' mustangs. I have a '68 coupe in the garage, but have always wanted a '69-'70 ever since I helped out in a local shop in high school that restored only rare, and valuable '69 and '70s. (Shelby, Boss, Mach 1 SCJ, etc.)
Long story short...
Stumbled across a 1970 Sportsroof 302 2v, A/T 3 miles from my house. It's a bare bones car, with manual steering, front drum brakes, and no A/C. (All of which can be changed obviously, but currently hurts it's value) It's been sitting in the barn since 1988. It is a 1 owner car, bought new in 1970 from the local ford dealership. Clean title in hand. The owner bought a new Ford Ranger in 1988, backed the mustang in the barn, and never drove it again. The car is rusty unfortunately. The 18 years it spent on the road were mostly on winter, salty, Indiana roads. lol.
It for sure needs:
2- Quarter Panels
2- Fenders
Full Floorpan
Front Bumper
Full Interior
Driver's Door
A couple of areas on the frame will need repaired as well.
I've included pictures of some of the worst areas.
My biggest question is: Is it worth it, or should I spend the extra 3 or 4k on a cleaner car? Tools, and garage space aren't an issue, as I have mig and tig welders, plasma cutter, cutting torch, grinders, etc.
He is asking $4k. I was thinking it would be more enticing if it was closer to the $2500 range. I've got a gut feeling that this is probably nothing more than a parts car in it's current condition.
Thoughts??
