1965 K Convert GT T-5 Export

I doubt that the car being a T5 would add much more value over a comparable non-T5.

Well my friend, that is an excellent question. I have seen the car you are referring to, and would have to think that the combination of number matching, k convert, the documentation, and the rarity of the car would do something for this cars value. This car has Barret-Jackson written all over it.

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...........The question we want to know, Whats the value when prof. Restored ?

There are supposedly only 4 in existance.

Your thoughts

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Trying to predict how much it would be worth is a difficult one. Never been good at predicting how much others will be willing to pay especially at a future date.

As we all likely realize oddity or rarity does not always equal dollars but when coupled with the K code (make sure its a GT - seen plenty converted over their lifetimes) you have a winner I would guess. I think the original color and (if it can be) all original body panels will have more impact on the selling price than the T5 status.

Another thought (since your asking) allot will depend on what your referring to as a Professional restoration. There is a WIDE range IMHO of places that could be called professional restoration shops. If you want the top them IMHO your going to need a name to go with the restoration as well as a proven track record (national show awards) after the car is done. This seems to be where the big money is going in all makes and models of cars as suggested in the BJ results this year.

Given all of this to consider it is still easy IMHO to sink more into one of these cars than you will get out of it. So start with a well educated plan and a predetermined goal

Just some things to consider - hope it helps

All this being said.......whatever you "PLAN" to spend on the restoration - take that final number and ADD 50-100% EXTRA

It ALWAYS costs more than you plan.....that ol' Murphy's Law thing again.

I'd love to see pics - sounds like you've got a good one.

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With the car being a legit T-5, the car will definitely be worth more than a K-code Mustang convertible. The T-5 will generally bring about 5-10% more money. The car is much more rare than a K Mustang and collectors are willing to pay more for rarity. There are only 11 known K code T-5s known to exist from 1965-1967. I just sold my K code T-5 coupe at Russo Steele and there was a lot of interest due to it being a T-5 and it sold for much more than a regular K coupe. I restored the car myself to concours standards. I have had it judged twice, recieving a gold and bronze in concours driven. The time I recieved the bronze quite a few things were deducted that should not have been because the judge was not well versed in T-5s. If you're interested in discussing the T-5 at length, just send me a personal message with your phone number and I can call you. I am pretty knowledgable about the T-5s.

Rob

Cool another T5 !

I have been working on the resto of my 66 T5 K-Code GT Conv. for about 2 years now.

As far as the T5 registry is concerned, there are only two other 66 known.

One is in the US and the other in Switzerland. We had 2/3 of the worlds population of these Kars at my hose this last summer.

Hope to have it back on the road by spring & show it at the 25th Aniversary of the German Mustang Club in Mai.

Would be cool to exchange informations.

Greetings from germany

Mike

New to the site, I have been looking for a 65-66 factory K-code GT convert forever. Was wandering about prices? Does the owner of the T-5 plan on selling it after he restores it? Can anyone place a dollars amount on the T-5? sounds like a nice car? Thanks for all the great information posted on this site, I hope to be a useful member someday.

Welcome to the site, we all here are helpful for finding new members a K code that fits you. Do you have preferences that you want to share? 4-spd, color, options, price range? etc.,? <img src=images/icon_smile_big.gif border=0 align=middle><img src=images/icon_smile_big.gif border=0 align=middle>

Thanks dunc289, I have spent many years up in the great NW.

The biggest thing for me is that the car is a factory GT K-code Convert and that it is complete or restored. Price range I'm thinking 40k to 50k but again that's me thinking. I have noticed prices on mustangs going down but the K-codes seem to hold fast. Do you have a price range for restored factory GT K-code Convert? Thanks again and any help would be welcome.

If you can find one, the upper end of your price range might be doeable. I wouldn't sell mine for less than $60K, but that's because it isn't for sale.[Blocked Image: http://www.customshowboards.com/brant/album/medium/0011.jpg]