1970 Ford Mustang Fastback Coupe, Boss 302 Clone
Located at 2095 South Amherst Highway in Amherst, VA.
Appraisal Carried Out: 25 June 2019 By: William C.w. LambSubject Vehicle: 1970 Ford Mustang Fastback Coupe, Boss 302 CloneChassis Number: 0f02f199187Exterior Color: Wimbledon White/Black Boss 302 StripesInterior: Black Vinyl Bucket SeatsEngine: Ford 351cid Windsor V-8 Engine, Not Original To CarTransmission: 4-Speed Manual, Unknown Origin/Not Original To CarRear Axle: Ford 8ïż½, Unknown RatioOdometer Reading: 10 (Modern Digital Odometer, Original Shows 82,448)Condition Grading: 2- (On A Scale Of 1-6, Perfect To Project)Appraised Value: $22,000Condition Analysis & Basis For Grading:Body & Paint: Comprehensive Paintwork Is At Least 12 Years Old, Appears Wellexecuted But Exhibits Small Cracking In Numerous Places. Paint Thickness MeterIndicated Heavy Use Of Body Filler Around Right Rear Wheel Arch, Lower Rear Of RightFront Fender And Bottom Lip Of Trunk Lid. Rest Of Body Very Solid With Uniform PaintApplication. Very Good Panel Fit. Decal Application Without Major Defect. Boss 302Front Spoiler, Rear Window Sport Slats And Wing Are Aftermarket But Present Well.Wheels & Tires: Older/Aged Out Bfg Radial T/As On Aftermarket Magnum 500Rims In Good Condition.Glass & Weatherstripping: All Glass Intact And Without Evident Damage.Weatherstripping Appears To Have Been Renewed During The Renovation.Chrome & Brightwork: Very Good Throughout, Replaced Or Rechromed During TheRenovation Effort.Interior: Appears Largely Original Throughout Apart From Modern Instrument Cluster.Original Cluster In Trunk And Dates To Original 6 Cylinder Or Small V-8 PoweredStandard Mustang Without Tachometer Or Accessory Gauges. Seats Worn ButPresentable. Dash, Door Panels And Carpeting Without Major Defect. Air ConditioningDoes Not Blow Cold, Climate Control System Slow To Operate.Collector Automobile Appraisals By William C.w. Lamb1623 Broad Street ïż½ Augusta, Georgia 30904Phone: 804-357-4926 / E-Mail: Chip@Collectorsco.comServing Valued Private And Professional Clients, Including ïż½Hagerty Insurance & Cars That Matter - Chubb Collector Car Insurance ïż½Keith Martinïż½s Sports Car Market & Corvette Market Magazines ïż½ FerrariFinancial Services ïż½ State Farm Insurance ïż½ Classic Motorsports ïż½Russo & Steele Collector Automobile Auctions ïż½ Classic Motorcar Auctions ïż½Worldwide Auctioneers(Continued From Page One)Engine Compartment: Very Tidy And Presentable. Ford 351cid Windsor V-8 OfUnknown Vintage Runs Well After Repairing Small Fuel Leak At In-Line Fuel Filter.Aftermarket Ram Air Setup Atop Holley Carburetor, Mallory Distributor And IgnitionSystem, Aftermarket Air Conditioning Compressor (Sanden Rotary Vane Style). PowerSteering But No Power Brakes.Suspension & Undercarriage: Clean Underneath With 4 Into 1 Headers Into DualExhausts, Magnaflow Or Similar Performance Mufflers. Drag Bars On Rear Suspension.Front Disc, Rear Drum Brakes With No Power Assist.Test Drive: A Short Drive Exhibited A Very High Clutch Pedal At The Point OfEngagement And Slightly Spongy Brakes With A Low Pedal. The Car Stopped But TheResidence Was At The Top Of A Very Steep Hill, So I Drove Around The Driveway ParkingArea.Market Analysis/Comparable Sales: At The Height Of The Muscle Car Craze About12-15 Years Ago, A Genuine Mustang Boss 302 With All Of Its Paperwork In Order And AFresh Restoration Might Come Close To Achieving $100,000. It Was During This Period OfTime That I Suspect Our Subject Vehicle Was Created Out Of A Run-Of-The-Mill 1970Mustang, Likely A 6 Cylinder Or 2-Barrel Carbureted 302 With An AutomaticTransmission. While Inauthentic, A Well-Built Clone Gives 80-90% Of The Pleasure Of AReal One At Usually Half Or Less Of The Cost, Depending On The Amount Of Dedication PutInto The Effort. In Todayïż½s Marketplace, Good-Quality Boss 302s Now Sell For Around$50,000-$65,000, Making Them More Attainable To Those Who Might Have ConsideredBuying Or Building A Clone - And Thereby Driving Down The Value Of InauthenticExamples.While No Direct Comparable Examples To Our Subject Vehicle Have Sold Recently AtPublic Sale, A Genuine And Authenticated 1970 Mustang Boss 302 Fastback NearlyIdentical In Appearance Just Sold The Other Day At Mecumïż½s Portland, Or Auction, 22June 2019, For $64,900 Inclusive Of Auction House Commission.Valuation/Conclusion:Comparable Sales Of Resto-Mods, Tributes And Clones Are Very Difficult To ShowEffectively As The Level Of Detail In Their Construction Always Differs. The Relative ValueOf Such A Clone As Our Subject Vehicle Depends First On The Value Of The EquivalentAuthentic Car, Secondly On The Level Of Detail Used In Its Construction And Finally TheOverall Cosmetic And Mechanical Condition Of The Subject Vehicle As Well As The Age OfThe Parts Used In Its Construction To Include Wear-And-Tear Items Such As Tires AndOther Consumables.Our Subject Vehicle Is Plenty Presentable As A Useable Driver But Lacks TheFreshness Of A Recent Build As Well As A Few Issues That Keep It From Having A SlightlyHigher Value. A Full Inspection And Servicing Is Recommended Prior To Any High SpeedRoad Use Noting A Few Of The Concerns In The Above Inspection Report. - Lot 7