Hey car enthusiasts! Are you guys ready to dive headfirst into the world of classic muscle cars? Today, we're going to explore a true icon: the 1968 Ford Mustang Fastback. We'll break down the 1968 Ford Mustang Fastback price, factors influencing its value, and some super helpful tips if you're thinking of buying one. Buckle up, because this is going to be a fun ride. The 1968 Ford Mustang Fastback, with its sleek lines and powerful presence, remains one of the most sought-after classic cars. Understanding the 1968 Ford Mustang Fastback price is crucial whether you're a seasoned collector or a newbie to the vintage car scene. This guide will provide you with a detailed overview of the different factors that affect the 1968 Ford Mustang Fastback price, from the specific model and condition to the originality and any special features. This information will help you to know everything about the 1968 Ford Mustang Fastback price. So, let’s get started.

Before we jump into the nitty-gritty, it's worth mentioning that the price of a 1968 Ford Mustang Fastback can vary quite a bit. Several things will affect the final price, which can include the original options, like the engine (289, 302, or the mighty 390 or 428). Also, the car's general condition (restored, excellent, good, fair, or in need of work) is critical. The market for classic cars is always fluctuating, too, meaning what you can pay today might be different tomorrow. So, keeping this in mind as we go along is super important to help you understand the 1968 Ford Mustang Fastback price.

Factors Influencing the 1968 Ford Mustang Fastback Price

Okay, so what exactly drives the 1968 Ford Mustang Fastback price up or down? Several key elements influence the value of these classic beauties. Understanding these factors is key to getting a good deal, or knowing what to expect if you're selling. One of the most significant factors is the car's overall condition. Cars are often graded to show off their condition. The categories go from Concours (perfect, as it was when it was new), Excellent, Good, Fair, and Poor (requiring significant restoration). A fully restored, pristine Fastback will fetch a much higher price than one that needs a complete overhaul.

Condition, Condition, Condition

As mentioned before, the condition of a 1968 Ford Mustang Fastback is a deal breaker. A vehicle that has been meticulously restored to its original glory, or is in excellent, well-preserved condition, will command a premium price. You're not just paying for a car; you're investing in a piece of automotive history that has been carefully maintained. On the other hand, a Fastback that needs restoration will be significantly cheaper. However, be realistic about restoration costs. They can quickly add up, and you might end up spending more than you initially anticipated. Carefully consider the extent of the restoration work required, and be sure to get professional estimates before committing. Some of the aspects of the car's condition that should be carefully considered, include the engine and drivetrain, body and paint, interior, and mechanical components. A car with an engine that has been fully rebuilt and a body free of rust will naturally be worth more than a car with significant mechanical issues or rust damage. Always consider the car's originality and restoration quality.

Engine and Drivetrain

The engine under the hood is another big factor. The original engine of a 1968 Ford Mustang Fastback can have a huge effect on price. The base engines, like the 289 cubic inch, are generally less expensive than the higher-performance options like the 390 or the legendary 428. The 428 Cobra Jet, in particular, is one of the most sought-after engines, and a Fastback equipped with it will command a significantly higher price. Consider if the engine is original to the car. Numbers-matching cars (meaning the engine, transmission, and other components have the original factory serial numbers) are often valued more highly by collectors. Think about the overall condition and performance. A well-maintained engine that runs smoothly will add to the car's value. You want to avoid any engine issues that will require a costly rebuild.

Rarity and Options

Some of the special options that Ford put on the 1968 Ford Mustang Fastback included the GT package, which included upgraded features, and high-performance engines. These cars will almost always go for a higher price. The 1968 Shelby GT350 and GT500 models are especially sought-after, and their prices reflect their rarity and performance heritage. The more rare or desirable the specific model, the more it will be worth. Besides the engine, other options, like air conditioning, power steering, and special trim packages, can affect the price. These extras can increase the car's value, especially if they are in good working order.

The Market and Timing

Like any collectible, the 1968 Ford Mustang Fastback price is subject to market forces. Economic conditions, collector trends, and the overall popularity of classic cars can influence prices. Knowing the market trends will affect whether you will pay top dollar or get a good deal. The popularity of the Mustang has remained high. This has been a constant for decades, so demand is always high, and prices tend to be relatively stable. However, the exact price will fluctuate based on the specific condition, model, and any special features of the car. Timing is key, so if you are trying to buy, it’s worth researching the market and knowing the prices.

Average Price Ranges for a 1968 Ford Mustang Fastback

Alright, so what can you expect to pay for a 1968 Ford Mustang Fastback? Generally, prices can range significantly. But we can still give you some numbers to expect. These numbers are very approximate, so you will want to do your research. The actual price will depend on the factors we have mentioned previously. Here is a rough breakdown of what you might expect to pay:

• Fair Condition: Cars in fair condition, which need significant restoration, could be in the range of $15,000 to $30,000. These cars may have rust, mechanical issues, or other problems that need fixing. Buyers will need to be prepared for the added costs of restoration.
• Good Condition: Fastbacks in good condition, showing some signs of wear but still in solid running order, might be priced between $30,000 to $50,000. These cars may have some cosmetic imperfections but are generally mechanically sound.
• Excellent Condition: These vehicles are in excellent condition. Expect to see prices between $50,000 to $80,000 or more. The prices vary depending on the engine, the rarity, and any special options. These cars have been well-maintained and are often beautifully restored.
• Concours Condition: Fully restored or exceptionally original Fastbacks in Concours condition, especially those with rare options or high-performance engines, can easily command prices upwards of $80,000, and sometimes even into the six-figure range. The top-of-the-line Shelby models and special editions are often the most valuable.

Remember, these are just rough estimates. The specific car's features, history, and overall market demand will affect the ultimate selling price. Be sure to do some research and find out what similar vehicles are selling for in your area.

Where to Find a 1968 Ford Mustang Fastback

So, you’re ready to start your hunt. Where do you begin? Thankfully, there are several avenues to explore:

• Online Marketplaces: Websites like ClassicCars.com, Hemmings, and eBay are great places to start your search. You can browse a wide selection of Fastbacks, compare prices, and get a sense of what's available. Be sure to check the seller's reputation and carefully review the car's description and photos.
• Classic Car Dealers: Local and specialized classic car dealers often have Fastbacks in their inventory. Dealers can provide you with some level of assurance.
• Auctions: Auctions, both online and in-person, are a thrilling way to find a 1968 Ford Mustang Fastback. Well-known auction houses often have high-quality cars, and it can be a great way to find a rare or special model. However, be prepared for competitive bidding.
• Car Shows and Events: Attending classic car shows and events can be a great way to see Fastbacks in person. Also, you can connect with sellers and enthusiasts. This will allow you to see the cars up close and talk to the owners.
• Private Sellers: Buying directly from a private seller can sometimes offer a better price, but it requires doing your homework. Thoroughly inspect the car and ensure that you are dealing with a reputable seller.

Buying Tips for 1968 Ford Mustang Fastback

Before you whip out your wallet, keep these tips in mind to ensure a smooth buying experience:

• Do Your Homework: Research the specific Fastback you are interested in. Learn about its history, options, and any known issues.
• Inspection: Always get a pre-purchase inspection from a qualified mechanic who specializes in classic cars. They can identify any hidden problems and give you an expert opinion on the car's condition.
• Check the VIN: The Vehicle Identification Number (VIN) is your friend. Verify that the VIN matches the car's paperwork and that it hasn't been altered. The VIN will tell you important information, like the car's original engine, trim level, and production date.
• Test Drive: Always test drive the car before making an offer. Pay attention to how the engine runs, how the transmission shifts, and the overall feel of the car.
• Negotiate: Don't be afraid to negotiate the price. Once you have a clear understanding of the car's condition and value, you can make a reasonable offer.
• Paperwork: Ensure that all the paperwork, including the title and any service records, is in order.
• Budget for Maintenance: Classic cars often require more maintenance than modern vehicles. Factor this into your budget.

The Investment Potential of a 1968 Ford Mustang Fastback

The 1968 Ford Mustang Fastback is more than just a car; it's a piece of history that, if maintained, can be a great investment. While the market fluctuates, well-maintained and sought-after models have historically held their value and often appreciated over time. When you are looking for an investment, consider:

• Rarity: Rare models, like the Shelby GT350 and GT500, tend to appreciate more significantly.
• Condition: A car in excellent or Concours condition will provide a greater return on investment.
• Originality: Numbers-matching cars and those with original components are often more valuable.
• Maintenance: Regular maintenance and care are crucial to preserving the car's value.

Final Thoughts

The 1968 Ford Mustang Fastback price can be affected by many factors, including condition, engine, rarity, and the overall market. By understanding these factors and doing your homework, you can find the Mustang Fastback of your dreams. Whether you're a seasoned collector or a newbie to the vintage car scene, the 1968 Ford Mustang Fastback price can be a great investment. Now, get out there and start your search. Happy hunting, and enjoy the ride! Let's get cruising in a classic.