Are these worth anything?

[Jazzman]

I have a neighbor that asked me to help him sell these two cars. Both are in various stages of restoration/customization/excessive stereo installation. The first is this 1994 Mustang GTII Saleen:

https://thefactoryfiveforum.com/attachment.php?attachmentid=82264&d=1520552076

The odometer says it has 78K miles on it. The hood says it is a "347 Stroker". I don't know if any of that is accurate, as I don't know if this is a real "Saleen" produced car or an attempt to duplicate the look. It has enough speakers in it to fill Diamondbacks Stadium! It has clearly seen some sun, as the rubber and plastic is hard. The DS front fender and the nose is gone, as it was hit in a minor parking lot accident with a truck. The engine looks clean, but the battery is dead. I am sort of considering buying it to either use a donor or put back together if it is more valuable in it's original state. KBB doesn't even show this variant, closest they show is a a Mustang GT with a max value of $1000 at this mileage. The owner's son thinks it is worth $17-20K. (I highly question his judgement for several reasons!) Bottom line, should I investigate this one any further?

Same neighbor also has this 2001 BMW X5 4.6is. Paint job is a badly done home job, car does run, wheels might be more valuable than the car itself!!

https://thefactoryfiveforum.com/attachment.php?attachmentid=82265&d=1520552077

I forgot to check the mileage, but I can if someone is interested. It,too, has a ridiculous amount of speakers in it, including a badly built bass cabinet with four 12" Rockford Fosgate speakers. I like the car OK, I am just not sure it is worth the money and effort.

What do you think? What would be a fair price for either car? Are either one of them worth repairing/restoring? Is anyone interested in buying either of them?

[Gordon Levy]

I would be interested in the Mustang. As it sits it would be $1000-$1500 car.

[Papa]

Without even knowing the mileage of the BMW, the stereo and paint are going to really hurt the value. If the mileage is in the 125-150k range you might be able to squeeze a couple of grand out of it. If it has any mechanical issues, needs tires, excess wear on the interior, even less. Your target audience is going to be the 16-18 year old high school student looking for their first car.

The Saleen could be valuable to a collector if all the parts are there and it runs. Value could cover a pretty wide range with the $17-20k not completely ridiculous for a finished, running car.

Just my opinion and not a professional one at that. :)

[TexasAviator]

the Saleem would make an awesome donor car. Forget the blue failure of an suv

[Jeff Kleiner]

Much like is the case with 60s era Shelby Mustangs the value of your neighbor's car hinges on whether it is a real Saleen or a fake/clone. The Googles are full of articles regarding authenticity and state that the Saleen Club can verify based on the car's VIN. Here is a forum posting that mentions some quick visuals (and also notes that these can be faked with varying degrees of difficulty)

https://www.cmoc.ca/ford-news-23/saleen-vs-faleen-how-spot-clone-17371/

Jeff

[Jazzman]

Much like is the case with 60s era Shelby Mustangs the value of your neighbor's car hinges on whether it is a real Saleen or a fake/clone. The Googles are full of articles regarding authenticity and state that the Saleen Club can verify based on the car's VIN. Here is a forum posting that mentions some quick visuals (and also notes that these can be faked with varying degrees of difficulty)

https://www.cmoc.ca/ford-news-23/saleen-vs-faleen-how-spot-clone-17371/

Jeff

As usual, you nailed it Jeff! That info was perfect. It came as no surprise to me that this Mustang is not a Saleen, but rather a "Faleen". Nothing matched up. The owner was rather disappointed. Discovered that the engine leaked oil as well. Couldn't even determine the mileage on the BMW because the digital readout that should have showed mileage is fried. Thanks for the education.