An Overview of Some of the Popular Mustangs for Car Collectors

Ford Mustang is one of the most popular line-ups by Ford Motor Company.  Powerful engines, sleek design, comfortable seats, and advanced cornering features make Mustang an attractive luxury sports car. Ford Mustang not only excels in looks but also offers a comfortable driving experience. The production of the Mustang started in 1964 and new models are being launched every year. Many Mustang models have come and gone. Some of them gained popularity and still hold a special place for car collectors who scout car auctions to find wrecked Mustangs for sale. Let’s get an overview of some of the popular Mustang models. 

Boss Mustang 429

Boss Mustang 429 is one among the series of three unique Mustangs introduced in the year 1969. As the name suggests, the boss model series was introduced to exemplify Mustang’s status as a sports car. True to the conventions of the time, the model encompasses a whopping 429 cubic inch V8 engine capable of producing 375 horsepower, making it a powerful and efficient race car. Boss Mustang 429 currently holds significant value for its iconic design with the Boss moniker, which makes it a good purchase for Mustang enthusiasts in salvage car auctions.

Mustang 2 Cobra 2

Mustang 2 Cobra 2 is instantly remembered for fuel efficiency and stylish re-design when it launched in the 1970s. It was launched when the country was badly hit by increased fuel prices due to an oil embargo and people had no money to fuel gas tanks. In the situation of crisis, Ford came up with a newly designed compact Mustang that looked mostly like a smaller Mustang Pinto, a departure from larger Mustangs with a fuel-efficient 2.3 liters V6 and 5.0 liters V8 engine producing 90 horsepower. Connection to history makes this model a good choice for collectors looking for rare Mustangs at the wrecked Mustang sales and auctions. 

Shelby Mustang GT 500

The fifth-generation Shelby Mustang GT 500 is a great example of Ford’s dedication to innovation. The original GT 500 model was introduced in 1967 but it did not deliver a satisfactory performance for Ford, so the manufacturers made mechanical upgrades through and through to introduce a next-level car in the year 2013. The newly introduced Shelby Mustang GT 500 provided 662 horsepower with its 5.8 liters supercharged V8 along with upgraded suspension, brakes, and tires. If you are looking for a performance-oriented yet classy Mustang for sale in wrecked car auctions, include the Shelby Mustang GT 500 on your shortlist. 

Final Word 

Ford Mustang is a legendary car that holds a significant place in the sports automobile market. The manufacturers of Mustangs are mainly focused on invention and reinvention which makes it a great buy for collectors looking for rare and iconic finds to purchase at wrecked car auctions. If you are in the market for a salvage and wrecked Ford Mustang for sale, register and buy from a leading salvage car auction site with a large inventory of wrecked Mustangs. Do not get confused by numerous websites offering salvage Ford cars for sale, choose the one that lists some of the most popular models, has a good user-interface, transparency, and excellent customer service. 

4 Key Considerations When Bidding at Online Salvage Car Auctions

Buying a car when on a tight budget can often limit the options you can get especially when you visit the showrooms. For individuals stuck in such situations, going for salvage cars for sale at online auctions can prove to be an excellent choice. From Audis, Mercedes, and Land Rovers to Volvos, Teslas, and Salvage Dodge Challengers for sale, you can find almost any car you wish to buy at an affordable price.

What are “Salvage” cars?

Cars are given the “salvage” title when they experience extensive damage and are deemed as a total loss by insurance companies. To recover from the losses, insurance companies sell the car to salvage auctions or auto workshops. They, in turn, rebuild the car and title it as “salvage” to inform you that the car was majorly damaged before. Different types of damages can lead to a car being titled “salvage” depending upon the laws of the area. Some cars that fall under the “salvage” category have damage due to fire or water, have been in an accident, or vandalized. Although online salvage car auctions are an amazing option, you must keep a few considerations in mind when bidding on such auctions.

Things To Consider Before Buying

1. The Nature Of Repairs Required

When bidding for salvage cars, you should first get an estimate of the amount of work that has already been done on the vehicle. This helps you know exactly what the car has been through and gives you some leverage when negotiating to finalize the deal. Depending upon the level of damage, the cars can be repaired to work again or simply salvaged for parts. 

2. Cost of Repairs and Acquiring New Title

As mentioned before, salvage cars have previously faced extensive damage. Although they have been repaired to some extent, there are always some extra repairs that you must deal with to make the car road-safe and capable of being used efficiently. When you place a bid, you must consider this as an expense and adjust your budget accordingly. In addition, find out the regular maintenance costs of the car to ensure you don’t go bankrupt later.

3. Auto Financing Options

When planning to buy a car, you need to map out if you want to apply for auto financing or pay from your savings. Know that banks and other lenders aren’t keen on giving loans for old cars let alone financing a salvage vehicle. While it is important to conduct thorough research regarding this, you can check out online auction websites that offer financing options for the salvage cars for sale on their website.

4. Lemon Laws 

Lemon laws refer to regulations that prevent the sale of extensively damaged vehicles to customers. If the car does not meet the safety and quality standards or has faced irreparable damages, the lemon laws prevent it from being sold to customers and rather limit them to be sold to workshops or auction houses that repair and sell them thereafter.

Conclusion

Bidding on online auctions offering salvage cars for sale can be an excellent way to get your hands on your favorite vehicle at an extremely affordable price. You are advised to conduct thorough research first. Search the internet and read reviews before placing a bid on an auction website.

Go Online for the Mustang You Have Always Wanted to Own

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Like millions of other car enthusiasts, I have always wanted to drive the best car on the block! Ever since I started working full-time, I have used my own car. My first was a 2000 Ford Escort, which I purchased from my neighbor. The car delivered much more than what was expected of it initially! However, moving in to my current home in Fort Worth, TX, I decided to get myself another car.

Ford was my obvious choice of brand due to my love for the automotive giant’s technology; and I bought my 2009 used Mustang at a car auction. The car was literally purchased while sitting on my living room couch!

A good number of reasons led me to choose a Mustang:

  • Affordability and Reliability – Mustangs were never designed to be exotic supercars, and they are not! However, they assure you the best value for your money.
  • One brand, many needs – The brand has a model to suit car lovers’ need. Whether you like the top down or a convertible; if you want power on a budget, Mustang is the model to go for! If racing is your passion, buying a Mustang is a safe bet.
  • Highly customizable – You can transform the exteriors or make use of aftermarket parts for the car that are easily available. Start your new project on a Mustang; you will love remodeling the car as per your needs.
  • A great car, off-tracks too – Why do you think Jerry Titus, John Force, or Parnelli Jones drove Mustangs heavily in their racing careers? Well, do you need any more reasons to drive a car that was made by Ford?
  • Fun to drive – If you have been lucky enough to experience cruising in a Mustang, you will know the joy of it! In case you have not done that yet, try it on a weekend to enjoy an exhilarating drive.

Buying my car this time turned out to be a cakewalk. I was looking for a good used car by Ford. My brother Jim suggested a popular online auction website that listed used cars. It was amazing to see thousands of vehicles of all types from innumerable locations in one place – my laptop!

A quick (and free) registration on the auction website was followed by an online security deposit, making me eligible to bid. I shortlisted a couple of cars and checked their details using the Vehicle Identification Number (VIN) and the clear images.

As luck would have it, the simple online bidding led to a live auction where reps of the website represented my bid. Finally, the Mustang was mine at about $8,400; which was way below its market price. The car had some damage, but nothing that could not be fixed.

I had a great experience buying my car though an online car auction. It is easy, safe and exciting! Next time you want to buy a vehicle, just turn to the internet.