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Topic: Let's play how much is this Cougar worth! (Read 11577 times) previous topic - next topic

Let's play how much is this Cougar worth!

This car has been on my local Craigslist for awhile. It's an 88 V6 with 105,000 miles. The guy has it priced at $3595. The interior is nice but it's a low option car and has rust on the lower fenders, door bottoms, and lower quarter panels. It's not moving so it's obviously priced too high. I'm thinking it's maybe a $1500 car on a good day. Thoughts? Here's the link, the text of the ad, and some pictures.

https://chicago.craigslist.org/wcl/cto/5896927538.html

Quote
Extra nice 1988 Mercury Cougar LS 2dr. sedan, red w/red cloth interior. One owner car and always garage kept. 105,000 easy miles. (about 3,500/year) Automatic trans. Good body and paint with normal chips and scratches and some minor rust. Nice for a restoration. Completely stock including radio and hubcaps. Original window sticker and hubcaps lock and owner's manual. Newer battery, water pump and heater core and front struts. Had working A/C until I changed the heater core and now will require refill of new type R-34a. Pwr windows, seats, cruise control. Pwr brakes and steering. Must see. Local car. 3.8 V6. See the photos and ask questions. Excellent tires and brakes. Extra clean trunk and interior carpets. Trade for clean Jeep Cherokee, truck or van considered. Only cash offers in person will be considered. This is a pretty nice car w/ like new tires so I would like to trade for the same; not my nice car for some wreck with broken glass ripped seats.... you ge the idea. Good bright speedometer.



It sure doesn't look like a $3595 car to me but maybe I've been out of the used car game too long.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #1
That would be a $500 car out here. Maybe $800 on a good day.

If someone drops $4k on it though... I know some people where everything is for sale if someone is stupid enough to buy it for that price.
Quote from: jcassity
I honestly dont think you could exceed the cost of a new car buy installing new *stock* parts everywhere in your coug our tbird. Its just plain impossible. You could revamp the entire drivetrain/engine/suspenstion and still come out ahead.
Hooligans! 
1988 Crown Vic wagon. 120K California car. Wifes grocery getter. (junked)
1987 Ford Thunderbird LX. 5.0. s.o., sn-95 t-5 and an f-150 clutch. Driven daily and going strong.
1986 cougar.
lilsammywasapunkrocker@yahoo.com

Let's play how much is this Cougar worth!

Reply #2
Quote from: Haystack;458513
That would be a $500 car out here. Maybe $800 on a good day.

If someone drops $4k on it though... I know some people where everything is for sale if someone is stupid enough to buy it for that price.

I'm still thinking $1000-1500 on a good day. Hell if the thing is still up in a month or so I should offer him $1000 and see if he takes it.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #3
Looks like the seam in front of the rear wheel has rust. That is not an easy place to fix
2015 Mustang GT Premium - 5.0, 6-speed, Guard Green - too much awesome for one car

1988 5.0 Thunderbird :birdsmily: SOLD SEPT 11 2010: TC front clip/hood ♣ Body & paint completed Oct 2007 ♣ 3.55 TC rear end and front brakes ♣ TC interior ♣ CHE rear control arms (adjustable lowers) ♣ 2001 Bullitt springs ♣ Energy suspension poly busings ♣ Kenne Brown subframe connectors ♣ CWE engine mounts ♣ Thundercat sequential turn signals ♣ Explorer overhead console (temp/compass display) ♣ 2.25" off-road dual exhaust ♣ T-5 transmission swap completed Jan 2009 ♣

Let's play how much is this Cougar worth!

Reply #4
Quote from: Thunder Chicken;458529
Looks like the seam in front of the rear wheel has rust. That is not an easy place to fix

They're all like that here :hick:

A competent body shop can fix it fairly easily. It costs $$ though.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #5
I agree with Haystack. If it were rust free, I could see it being a 1500 dollar car.
It's Gumby's fault.

Let's play how much is this Cougar worth!

Reply #6
I should go lok at it and offer $800, just to see the GTFO look on the guys face.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #7
Offer him $500 and let him talk ya up to $800.
Quote from: jcassity
I honestly dont think you could exceed the cost of a new car buy installing new *stock* parts everywhere in your coug our tbird. Its just plain impossible. You could revamp the entire drivetrain/engine/suspenstion and still come out ahead.
Hooligans! 
1988 Crown Vic wagon. 120K California car. Wifes grocery getter. (junked)
1987 Ford Thunderbird LX. 5.0. s.o., sn-95 t-5 and an f-150 clutch. Driven daily and going strong.
1986 cougar.
lilsammywasapunkrocker@yahoo.com

Let's play how much is this Cougar worth!

Reply #8
Quote from: Haystack;458566
Offer him $500 and let him talk ya up to $800.

Here's 1/8 of your asking price. Take it or leave it.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #9
So basically its a shiznitty power train with a porno red interior and a rust bucket to carry all of it.  I can only imagine what the underside looks like.  I sold my grandmothers mint V6 '85 Cougar that was loaded with 130K on the clock for $1500 back in 2005.  I am thinking WTF do I need on this car for $500 that I cannot get out of a salvage yard for $5.

If it runs and I needed a point A to point B I could see offering $800 and pray that it makes it a year with no fixes.

83 351W TKO'd T-Bird on the bottle


93 331 Mustang Coupe - 368 rwhp

Let's play how much is this Cougar worth!

Reply #10
Quote from: thunderjet302;458567
Here's 1/8 of your asking price. Take it or leave it.

Exactly.  Then after 6 months of it sitting on the front lawn with the sun faded for sale sign still in the window, you will he the only person to have even thrown out a price.
Quote from: jcassity
I honestly dont think you could exceed the cost of a new car buy installing new *stock* parts everywhere in your coug our tbird. Its just plain impossible. You could revamp the entire drivetrain/engine/suspenstion and still come out ahead.
Hooligans! 
1988 Crown Vic wagon. 120K California car. Wifes grocery getter. (junked)
1987 Ford Thunderbird LX. 5.0. s.o., sn-95 t-5 and an f-150 clutch. Driven daily and going strong.
1986 cougar.
lilsammywasapunkrocker@yahoo.com

Let's play how much is this Cougar worth!

Reply #11
You want a Cougar badly. I...KNOW it. Come to the darkside we have cookies :D
In all seriousness it'll have to be from out of state or out of town at least. Nothing seems to be sacred there!
1987 20th Anniversary Cougar, 302 "5.0" GT-40 heads (F3ZE '93 Cobra) and TMoss Ported H.O. intake, H.O. camshaft
2.5" Duals, no cats, Flowmaster 40s, Richmond 3.73s w/ Trac-Lok, maxed out Baumann shift kit, 3000 RPM Dirty Dog non-lock TC
Aside from the Mustang crinkle headers, still looks like it's only 150 HP...
1988 Black XR7 Trick Flow top end, Tremec 3550
1988 Black XR7 Procharger P600B intercooled, Edelbrock Performer non-RPM heads, GT40 intake AOD, 13 PSI @5000 RPM. 93 octane

Let's play how much is this Cougar worth!

Reply #12
Quote from: ZondaC12;458573
You want a Cougar badly. I...KNOW it. Come to the darkside we have cookies :D
In all seriousness it'll have to be from out of state or out of town at least. Nothing seems to be sacred there!

But for $500 I could strip it of spare trim/interior bits I need, sell any other stuff on here, and s the rest. I'd probably break evenish..

If I was buying a Cougar to keep I would get a V8 car. It would have to be from out of state unless the car has never seen salt/snow. Being realistic I have 4 cars now and I'm kinda out of room.....
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #13
I checked the NADA guide for fun. This Cougar is worth about $1000. From a dealer. I think I'm going to look at this Cougar after Christmas, if it's still for sale. I'll probably offer the guy $500 and tell him my offer stands if he doesn't sell the thing. Worst case I've got a $500 parts car :hick:.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.

Let's play how much is this Cougar worth!

Reply #14
I've emailed this guy several times about looking at the car. He hasn't responded. Apparently he really doesn't want to sell it. Or doesn't know how email works.
88 Thunderbird LX: 306, Edelbrock Performer heads, Comp 266HR cam, Edelbrock Performer RPM intake, bunch of other stuff.