Just curious as to what everyone's take would be on this (I completely understand the bias on an Olds forum). In addition to my 69 442, I have a 69 Mach 1, 428CJ, C6 auto, Candy apple red, relatively nice restoration, a very nice driver but not concours by any means. Over the past several years my taste in classics has shifted to A-bodies (Olds/Buick and girlfriend has noticed it as well). I enjoy cruising in my 442 more so than the Mustang and I especially like the 66-67 Cutlass/442 body styles. If you were in my shoes would you sell the Mach 1 and move on to a 66-67 Cutlass/442? Reason I'm asking is, Mustangs of that year/model/engine are worth quite a bit more than a 66-67 Cutlass/442 (non-w-30) and I'd kick myself 10 years from now if I pulled the trigger and the Mustang value increased even more so. So would you keep it and hold it for potential value or say screw it, move on to something else and enjoy cruising in it for the next several decades?

(FYI, girlfriend says that if I sell any of my cars, it'll be the mustang, says the 442 isn't going anywhere)

 

My opinion is I don't care about the car's value, I care about liking the car.

Example: I passed on a nice 1971 442 back in the 90s because I don't like the S body style and prefer the 70-72 Supreme body style. That 442 today would likely be valued at 3-4x what my Supreme is valued, but it doesn't matter, as I said, I have a car based on what I like and not its dollar value.

 

Here's my take. If it were me, I would sell the Mustang and go with the 66-67 442. It sounds to me like you would enjoy the Olds more then the Mustang... and keep in mind there are more '69 Mustangs out there then 442s. No one really knows if these cars will increase in value over the next 10 years. Many "experts" (and I use that term loosely) seem to think they will actually decrease as the generation interested in these cars wanes off. You could keep the Mustang and end up missing out on all the enjoyment you would have gotten with the Olds. In my opinion, I think most of us own these cars because they represent a certain passion or feeling nothing else can, not because we think they will be a financial investment.

Good luck on whatever you decide.

 

Sell the Stang...Undriven cars will deteriorate just sitting around. You have no idea what will happen to our economy in 10 years anyway.

tc

 

Tough call. Collectability matters. In fact, it is the most important. There are rare cars out there that are not as valuable as other cars that are sought after but have greater numbers. I find it hard to sell anyway... so would be hard pressed to give up a mach 1 that I suspect could be pretty valuable in the future. I feel your pain as I am worried that I will want to drive more than I am willing to risk driving my olds .... so I have already started looking and saving for a driver quality cousin to my car! It is worth note that I have a mostly unmolested 1936 Ford Tudor Trunkback Sedan in my barn.... it was my grandfathers. I never saw him do anything other than what I am doing.... keeping it. Maybe I will sell it ... someday ... maybe. lol. Good luck; I know I was no help!!

 

My thoughts:

1. Many of us, myself included, own other makes besides Olds. I have a Ford and a Chevy besides my Olds's and this forum is, hands down, the best classic car forum I can find and I can even get advice on the other makes here, so, while I don't think I'll own a Mustang, I don't think poorly of them. I like all cars, just like I like all guns, all boats, all stereos, and all anything else in which I am interested, and I think a lot of us here are that way. I say this to ease your worry about the bias, nothing more.

2. While noting all the above, which is very good advice from other members, I will say something in support of the Mustang, which is, you already have a 442. What extra will an additional 67 442 get you? Believe me, I like the 67 442, I've collected many parts for mine and hope to actually start resto here soon, but, what I mean is, what does the Mustang have that a 442 does not? Is whatever that is important; will you miss it? If you had no 442 already, I'd be like, "hell yeah, sell that pony car and step right up to man sized BBO power" but you've got one already. Perhaps you should consider this as two separate items: "Do I really want this Mustang any more?" and "Do I want a 67 442?" It is a course of action to just sell the Mustang and be down to one 442. So, my first step, if it were me, is to decide if I'm ok with selling the Stang, then move from there.

 

Tough choice, eventually the answer will come to you. I have no opinion either way.

 

Why sell anything? Why not just add to the fleet and then see how you feel. You may find that the 67 Cutlass 442 does not offer you the same enjoyment as either your 69 442 or Mustang. At that point it becomes easier to decide what to get rid of.

 

Unless you HAVE to thin the herd, keep them. If one has to go, you said you enjoy the Olds more (and your girlfriend agrees, she obviously has good taste!) and the Ford is more valuable, then the choice is obvious.

While I believe there will always be a market for old iron (they aren’t making any more, and they get rarer everyday) I personally think the end is near. Unfortunately, today’s kids have little interest in classic cars. They can’t resist the latest phone or gadget. I bet there are stories of the families of old car collectors selling off cars that were willed to them, just because the money is more important to them than the car.

 

Lots of great advice in this thread. Keep in mind though that life is short, and tomorrow isn't guaranteed. If the only reason you find yourself keeping the Mustang is that it might be worth more in 10 years, is that really worth risking when you could turn it into something you'd enjoy today and for the next several years? It might only appreciate enough to keep pace with the reduced buying power of your dollar 10 years from now...who knows.

I'm in similar situation with my '57 Beetle. I was offered a generous sum for it a few months ago, which combined with other savings and cars I could sell would enable me to buy a pretty decent muscle car (Olds of course!). I declined the offer because I'm not quite ready to be done with the car even though I haven't driven it in a couple years and even when both I ensured, I drive the Cutlass more often.

My decision wound up being to keep the Bug, keep my '71 Cutlass survivor and invest money to build my clean '70 into a strong street car that I can drive and enjoy. If the '70 turns out to be "the" car then I might be able to bring myself to part with the others.

Good luck on deciding your path...it will always be full of "what ifs", but hopefully more full of smiles from the choices made!

 

I agree, lots of great advice and all valid points of view from the great members of this forum. Unless you can keep all 3 permanently, or at least until you can decide which 2 of the 3 you like better, I would go with your heart as to which you would prefer to cruise around in and/or show if you're into showing your cars. I did!

 

My opinion is keep whatever cars you will drive and can maintain. I have 5 cars and i would like to get down to 3. It sounds like fun owning a bunch of cars until it is time to buy insurance, plates, parts etc. If your worried about value, sell the mustang, buy the car you want and will drive and invest the rest of the money. Good luck with whatever you decide.

 

There will always be a market for a mustang. If you are buying or selling. I am honestly the biggest no-stang guy ever. I respect any and all cars. I have zero need for a stang ever. Seen one seen them all. Yes there are plenty of fast nice etc etc etc mustangs out there. Still a stang. Sell the mustang. You can ALWAYS ALWAYS find another one. There are I am pretty sure 30.2 billion of them out there. Early 442? Far far less seen.

Go with your Olds gut. Your wife seems to get it as well. OLDSMOBILE LOVE

Recycle America Crush That Mustang. That was my license plate frame on my 70 442.

 

I, on the other hand, would offer to trade you straight across for my '69 4-4-2 convertible (which I've had for 18 years) if I hadn't noticed that you already have one. I've had 11 Oldsmobiles, but I've never had a Mustang.

 

For a mustang?...
I just don't get the draw at all. Sure fastbacks are ok. You cannot go anywhere without seeing one. Ok ok.
Sell the Stang

 

Don't sell the Mach 1. Ford did everything right with the 428 CJ package. "There's nothing more expensive than REGRET" Could you post some pictures?

 

If you keep the Mustang in the hope its value will go up, remember just keeping it in good shape will have a cost. If you have to pay for storage it probably isn't worth while. Making 10 grand 10 years later isn't much of a gain if it's cost 11 grand to keep it.

Roger.

 

I knew i would get some great responses and this group did not disappoint. I think the majority point of view is to sell it, move on, and enjoy the new car. Life is short, tomorrow is not guaranteed, worry less about the investment aspect, and drive the hell out if it. I think i was already walking down that road, and this thread may have confirmed my olds-gut feeling. In don't think I'm fine with the mustang just yet, may keep it around for a bit, if like to take her out to ponies in the smokies next year. @dragline here's some photos.

Thanks again for everyone's opinion.

 

This is the only mustang I would care to own. the earlier models are just a little too “feminine”, the later ones too bloated. Then they got better looking in the late 70s to the early 90s.

For the most part, mustangs and Camaro are the belly buttons of the automotive hobby, everyone has them, they are everywhere, nothing is new with them.

 

Looks like an easy sell. Looks like a nice car. So many stang people would love to own that car.

 

Because life is short my view is to sample as many classic rides as you can muster. Why deny yourself the full breath of what 60's/70's vehicles (& beyond) can offer in a driving experience.
I tend to purchase a classic that interests me, spend some time on a mild build/restoration, enjoy it for awhile, & then flip it for another one that catches my eye. Maybe not a wise strategy if you are in it soley
for investment purposes but certainly a way to red line the fun meter. Variety broadens one's perspective & offers a reference you might not otherwise have. Cheers

 

2x Don't sell. Many people are still kicking themselves for cars they sold back in the 1970's. I sold a 1970 GTO Judge orbit orange RA III 4 speed in 1985. I was in the same frame of mind as you. All I can say is keep the Mach 1, it's stunning!!!

 

The people who form the market for these cars are dying off. You don't want any muscle car as an investment. The only reason to have one at all is for the fun of it, which is perhaps as it should be.

 

I 100% agree. That is exactly my viewpoint, as I stated previously:
My opinion is I don't care about the car's value, I care about liking the car.

 

If resale value is important, keep in mind that gas prices are likely to increase substantially, the Leftist Nutjobs will be vandalizing anything with an internal-combustion engine, and prices on old cars decrease as the sons and grandsons of the original owners die off. When there's no one left who was alive when those cars were shiny new, value and popularity decrease.

Sure, there's folks who are still nuts about Model Ts; but not like there were in the '50s.

Dump the car you've quit caring about while there's still a market for it, buy what makes you happy.