750 mile 04 mach 1.....value?

[TrueBlueGT]

This isn't a for sale post. With that said & made clear, I posted in road side for the simple volume of replies this forum gets. Here's the story:
A friend of mine is a salesman at a Ford dealership. He got a call a couple days ago saying one of their best customers had passed away. Come to find out, the white 04 mach one he had purchased new has been sitting in his climate controlled garage for years. Temp tags were still on it & it only has ~750 miles on it. It is an automatic, fwiw. Besides the miles there is nothing special about this car other than being a mach 1. However there can't be more than a handful, if any, mach 1's out there with this low of mileage. Chris (salesman) called me last night and asked what this thing would be worth on the open market and I really didn't know what to say given that reasonable mileage terminators are in the low $20K range. The market for a car like this would be very much of a niche basically limited to collectors who want to put it right back in a climate controlled garage or someone who dearly loves the mach 1 and has the means to purchase what is effectively a new one.

Thoughts are appreciated.

 

[65fastback2+2]

2003 Mach 1 Registry Forums

we've discussed this there recently....a member recently sold their sub-1k mile mach for $18,500 iirc

 

[TrueBlueGT]

Btw Chris told me this car is 1 of 179 produced with this color and option combo according to Ford.

 

[Jefe]

Id say $19kobo

 

[tankerman1981]

get some pics..ha ha ha.... i'd say 18-19k for the niche buyer..

 

[Guy Fawkes]

Btw Chris told me this car is 1 of 179 produced with this color and option combo according to Ford.

Doesnt really make it any more special IMO.

 

[TrueBlueGT]

I'm aware of that. Just trying to provide all info available.

 

[SNCBOOM]

I'd be a little weary of a car that has been sitting for that long.

 

[mustangmanjeff]

My friend got $18k for his azure mach1 with 2k miles on it a little over a year or 2 ago.

 

[oilwell1415]

At this point, mileage that low doesn't count for anything more than low mileage. In another 20 years it will mean more. Maybe. With modern cars there are a lot more problems that can arise after prolonged sitting and those problems are a lot more difficult to correct as well. It isn't worth any more than any other low mileage car. It's just like you said, the value of a car with mileage this low is lost on anyone other than a collector who is going to put it right back in the garage. To that I'll add that if anyone has the money to buy the car now and get zero utility from it they probably bought a new one from the show room floor.

 

[txyaloo]

I just snagged an 06 GTO with 1200 miles for $16k, but I've seen a lot with miles between that and 6000 for $20k-27k. I would say it all depends on the market and the seller. If it's in a large metro area, there will be more buyers willing to pay a premium for low miles.

 

[OrangeCobra2004]

I say about 19k. If that sales man was smart he should put it in a good auto auction or eBay so that collectors will see it and prob pay more.

 

[SpectorV]

white auto mach1's are VERY rare.

 

[SLVRBLT]

Ill say 19K as well, if its only 1 of 179 with the combo stated above.