Mecum WTF

[03BumbleBee]

Have been watching Mecum Chicago last 2 Days. Yesterday a 2003 Azure Blue Mach with Auto sold for 7,000. Don't know how many miles it had on it but looked to be in really nice shape all the way around. I have seen prices all over the board with these cars, and obviously super low mile pristine condition examples still pull a pretty fair price. But 7,000 for a nice example

[falcongtho3]

Looks like a great deal for someone. The interior looks good, as does the rest of the car. Non-IUP car with auto tranny. Probably one of the rarest combinations out there.
https://www.mecum.com/lots/CH1019-40...ch-1-fastback/

[ab_mach1]

Zooming in to the steering wheel, it looks pretty worn out. Maybe it’s got over 100k miles..? Either way, looks well kept. I agree, someone got a really good deal. Engine bay looks good, exterior and interior as well.

[bristol16]

it's only worth what people are willing to pay for it. most of the people bidding on cars at Mecum probably aren't looking for 2000s mustangs. interesting that the website lists it as a fastback. it's also an auto...the trans choice could be polarizing. for me personally one with an auto would not even be a consideration but i'm sure there are people that feel the same towards manuals. could just be random bad luck with the bidders in chicago today. i always enjoy watching the Mecum auctions...they have far more vehicles that appeal to me than Barrett Jackson ever does.

[hotford]

It cleaned up real nice, surly it was detail, even with the steering wheel showing signs of wear, I would have been all over that car if didn't already have one....
Heck If I bring another car home I maybe in the garage permanently....lol

[03BumbleBee]

Originally Posted by bristol16

it's only worth what people are willing to pay for it. most of the people bidding on cars at Mecum probably aren't looking for 2000s mustangs. interesting that the website lists it as a fastback. it's also an auto...the trans choice could be polarizing. for me personally one with an auto would not even be a consideration but i'm sure there are people that feel the same towards manuals. could just be random bad luck with the bidders in chicago today. i always enjoy watching the Mecum auctions...they have far more vehicles that appeal to me than Barrett Jackson ever does.

I agree with your take, makes me feel a little better! Also noticed a lot of cars not reaching reserve, bidders on the cheap side!

[03BumbleBee]

Originally Posted by falcongtho3

Looks like a great deal for someone. The interior looks good, as does the rest of the car. Non-IUP car with auto tranny. Probably one of the rarest combinations out there.
https://www.mecum.com/lots/CH1019-40...ch-1-fastback/

Thanks for posting up the link

[67bigblock]

That’s about right. I just sold a decent 04, black,auto, 92,000 mile car for $6500.00 and took the money plus a little more and bought a sub 1000 mile 03.

[03BumbleBee]

Originally Posted by 67bigblock

That’s about right. I just sold a decent 04, black,auto, 92,000 mile car for $6500.00 and took the money plus a little more and bought a sub 1000 mile 03.

Less than 1000 miles on it, that's insane. Would you mine telling what you paid, I understand if you want to keep that to yourself.

[67bigblock]

It had about 150 miles on it. Brand new.
20k
I’ve already put 1500 miles on it.
No issues.
It had been in a Dealers HVAC man cave and started up every month at least.
Only non OEM parts were battery and tires.

[machdude]

Sadly these cars aren’t holding value like the terminators, I’m also seeing a whole lot of people selling their Mach’s to upgrade to coyotes or whatever else is out there. I made the mistake of selling my Mach once, don’t plan on doing it again. I get the biggest smile every time I walk in my garage and see it in there not to mention when I drive it.


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[hotford]

Originally Posted by machdude

Sadly these cars aren’t holding value like the terminators, I’m also seeing a whole lot of people selling their Mach’s to upgrade to coyotes or whatever else is out there. I made the mistake of selling my Mach once, don’t plan on doing it again. I get the biggest smile every time I walk in my garage and see it in there not to mention when I drive it.


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True enough, but these are just as rare as the cobra cars and getting harder to find in good shape...only a matter of time before they start to climb back up.

[03BumbleBee]

Originally Posted by 67bigblock

It had about 150 miles on it. Brand new.
20k
I’ve already put 1500 miles on it.
No issues.
It had been in a Dealers HVAC man cave and started up every month at least.
Only non OEM parts were battery and tires.

Awesome, thanks for sharing

[03BumbleBee]

Originally Posted by hotford

True enough, but these are just as rare as the cobra cars and getting harder to find in good shape...only a matter of time before they start to climb back up.

Agreed!

[03BumbleBee]

Originally Posted by machdude

Sadly these cars aren’t holding value like the terminators, I’m also seeing a whole lot of people selling their Mach’s to upgrade to coyotes or whatever else is out there. I made the mistake of selling my Mach once, don’t plan on doing it again. I get the biggest smile every time I walk in my garage and see it in there not to mention when I drive it.


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Agreed

[311-420]

They actually built about 2k more Cobras than Machs. Since then, the numbers for the Mach have likely dropped more than the Cobra because of younger people being able to afford them easier, making the Mach even more rare.

In time, I think something similar to what has happened with the value of the original mopar muscle cars might happen with these Machs. Back in the day, the mopars were overshadowed by the other cars of the time, they weren't cared for or really sought after. Fast forward 30+ years and the mopars at auctions like mecum have brought and continue to bring the highest average dollars because there are hardly any left out there. Will this happen with the Machs? I don't know. I think the recipe, or at least a big part of it, is there.

[03BumbleBee]

Originally Posted by 311-420

they actually built about 2k more cobras than machs. Since then, the numbers for the mach have likely dropped more than the cobra because of younger people being able to afford them easier, making the mach even more rare.

In time, i think something similar to what has happened with the value of the original mopar muscle cars might happen with these machs. Back in the day, the mopars were overshadowed by the other cars of the time, they weren't cared for or really sought after. Fast forward 30+ years and the mopars at auctions like mecum have brought and continue to bring the highest average dollars because there are hardly any left out there. Will this happen with the machs? I don't know. I think the recipe, or at least a big part of it, is there.

Good analogy!

[FastEddie09]

I enjoy the car enough that if it doesnt climb in value in the "retail" world, it still keeps climbing in value in "my" world since clean examples will become very rare if I had to guess. I didn't buy the Mach because it was the fastest option available. I bought it because it has character. I'm guessing most here would agree since we are still on this forum!

[HAEG]

Originally Posted by 311-420

They actually built about 2k more Cobras than Machs. Since then, the numbers for the Mach have likely dropped more than the Cobra because of younger people being able to afford them easier, making the Mach even more rare.

In time, I think something similar to what has happened with the value of the original mopar muscle cars might happen with these Machs. Back in the day, the mopars were overshadowed by the other cars of the time, they weren't cared for or really sought after. Fast forward 30+ years and the mopars at auctions like mecum have brought and continue to bring the highest average dollars because there are hardly any left out there. Will this happen with the Machs? I don't know. I think the recipe, or at least a big part of it, is there.

Yeah, I get this analogy.. More people know about the Cobra's, the Mach 1 is sort of a niche item not everyone is aware of.
I have an interest in 4 door vehicles and station wagons. Like dropping some HP in them to make them a sleeper of sorts. The 4 doors and station wagons are hard to find, no one thought they would be worth anything and maybe they still don't draw the biggest dollar but I LOVE THE UGLY and rarity of these vehicles.
My son has a 1978 4 door Malibu & a 1964 Chevelle 4 door wagon

[HAEG]

Originally Posted by FastEddie09

I enjoy the car enough that if it doesnt climb in value in the "retail" world, it still keeps climbing in value in "my" world since clean examples will become very rare if I had to guess. I didn't buy the Mach because it was the fastest option available. I bought it because it has character. I'm guessing most here would agree since we are still on this forum!

Looking at your signature..
Have you made any runs in the slowmatic since changing the converter and driveshaft? I've been a best of 13:55 103 with 4.10 gears and bassani exhaust, with ET Streets in the 1/4 mile.. I hear the changes you made get you into the 12 second zone easily. Curious of your experience..

[FastEddie09]

Originally Posted by HAEG

Looking at your signature..
Have you made any runs in the slowmatic since changing the converter and driveshaft? I've been a best of 13:55 103 with 4.10 gears and bassani exhaust, with ET Streets in the 1/4 mile.. I hear the changes you made get you into the 12 second zone easily. Curious of your experience..

Have to update the signature! Sold the black 03 auto years ago after a divorce. I can tell you the 4200 stall was perfect for an n/a car. I never got a new time slip afterwards but I'm fairly confident 12s would have been easy with the stall. I would 100% do a stall again if I ever end up with another auto.

I regretted selling. I came across an 04 red 5 speed last year and i smile every time I open the garage again.

[HAEG]

Originally Posted by FastEddie09

Have to update the signature! Sold the black 03 auto years ago after a divorce. I can tell you the 4200 stall was perfect for an n/a car. I never got a new time slip afterwards but I'm fairly confident 12s would have been easy with the stall. I would 100% do a stall again if I ever end up with another auto.

I regretted selling. I came across an 04 red 5 speed last year and i smile every time I open the garage again.

That's a future upgrade for me.. I absolutely know the wish i didn't sell it story.. Glad I got mine back. A few more miles and few beauty marks but happy to see it back in the driveway..

[machdude]

Completely agree with everyone. I’m in SoCal and I’ve been going to a whole lot of shows and car meets around here lately and I have yet to see another Mach. Lots of new mustangs some terminators and some 99/01 cobras too but no Mach’s. Even the fabulous fords show only had about 6 03/04 Mach’s in it this year. They’re harder and harder to find. Lots have high miles and everyone seems to be selling right now. Also, I agree on the character comment, it’s the reason I love my Mach so much and literally chose it over a terminator.


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[03BumbleBee]

Originally Posted by machdude

Completely agree with everyone. I’m in SoCal and I’ve been going to a whole lot of shows and car meets around here lately and I have yet to see another Mach. Lots of new mustangs some terminators and some 99/01 cobras too but no Mach’s. Even the fabulous fords show only had about 6 03/04 Mach’s in it this year. They’re harder and harder to find. Lots have high miles and everyone seems to be selling right now. Also, I agree on the character comment, it’s the reason I love my Mach so much and literally chose it over a terminator.


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I agree with your observation, last year we won Best in Class at the Fords at Marriotts in Sacramento Ca. for the 1994 to 2004 Mustangs -non Cobra. Most people thought the car had been redone, 24000 original Garage kept miles. They also said man it has been awhile since I have seen one these.

[Recon]

Originally Posted by HAEG

Yeah, I get this analogy.. More people know about the Cobra's, the Mach 1 is sort of a niche item not everyone is aware of.

I cannot begin to tell you how many times I have to explain to people, even car people, that Ford revived the Mach nameplate in 03 and 04. It’s also a frequent occurrence with the classic car people that think I have a 69 or up Mach.




Pick your poison.