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Thoughts on Another Potential 72GTS

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KenDavid View Drop Down
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    Posted: 01-April-2025 at 6:10AM
Been on the look out for the "Right" car- been mostly looking at the 72GTS (did miss out on a great deal on a 73GTS recently that sold in like an hour), I know pricing depends on so many factors e.g. body condition, interior, drivetrain, how complete is the car: missing parts e.g trim etc, options etc. A "cheaper" car to start out with could end up costing more $ in the end, I know it is a balance.

Anyway came across a 72GTS non-Q code. 351 2V, C4 not an optioned car (no A/C etc), 2.75 open diff, 2B , 69K orig miles, solid body (needs minor body work...floors, trunk, frame etc solid), car complete with near mint interior, plus comes with a title. Seller did spend some $ on upgrades including aftermarket 15" Magnum 500s w/ BFGs and a rear end upgrade to 3.25 locker. Car comes with all trim etc. Engine currently not in the car, recent high end re-build from local speed shop (not sure all the specs but after market heads, intake, ceramic coated hedders etc) . Engine is in the 425-475HP range; car for sale with and w/o engine. I prefer a # matching car and if I was doing the resto I would probably do a lower end engine build plus I know the seller has a good amount of $ in the engine build pushing it outside my budget. Hoping to go see the car but what I know it would need is engine install, paint and minor body, exhaust, upgraded stall converter and some misc items. Car was being driven before the engine rebuild and believe brakes, suspension etc been addressed (need to confirm). Besides price the A/C may be deal killer (live in a humid climate). Any thoughts on what a "decent" deal would be? Ideally I would find a similiar car (with A/C) that did not have the engine rebuild and probably would expect to pay 1/2 or so of this one. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Eliteman76 Quote  Post ReplyReply Direct Link To This Post Posted: 01-April-2025 at 8:48AM
The no AC deal can be resolved with vintage air or Restomod AC. 

I have been seeing cars that are so rough starts but complete, with crazy asking pricing. 

My pricing what I consider acceptable as a starting project is so out of touch with the market...cars I would have considered OK drivers in the $5K-$8K range, and now guys are asking $8-$12K for cars that don't run, and need a whole lot of work. Even on non-Q code cars, the pricing is beyond stupid. 


Andrew:GTS.ORG admin, '72 Q code 5 speed Restomod
Pondering: #99Problems
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KenDavid View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote KenDavid Quote  Post ReplyReply Direct Link To This Post Posted: 01-April-2025 at 9:36AM
Originally posted by Eliteman76 Eliteman76 wrote:

The no AC deal can be resolved with vintage air or Restomod AC. 

I have been seeing cars that are so rough starts but complete, with crazy asking pricing. 

My pricing what I consider acceptable as a starting project is so out of touch with the market...cars I would have considered OK drivers in the $5K-$8K range, and now guys are asking $8-$12K for cars that don't run, and need a whole lot of work. Even on non-Q code cars, the pricing is beyond stupid. 



Agreed on being able to add A/C, however just another added cost of $2K+ 

Exactly what I am seeing, any sort of "OK" drivers for any sort of sort after early 70s vehicles (not just GTs) are in the $10K+ range for sure. Trying to find a non-running "complete" car in decent shape is the challenge.
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72 RS 351 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 72 RS 351 Quote  Post ReplyReply Direct Link To This Post Posted: 01-April-2025 at 9:45AM
Ditto all of that. We do need a list of the handful of obsolete parts which are big problems, or to be avoided. The 429/460 engine mounts for example are not to be found right now, I wouldn't want to have to hunt those or make them. The steering parts seem tough, pitman arms and idler arms, rotors such as the early 72 and 73's etc.

The body stuff is the major prerequisite, and these days a lot of interior and trim parts are scarce. A complete intact car is a great place to start. The engine and trans are minor now compared to the rest of the parts. The costs are all high, but you want to begin with as few needed parts as possible. Good luck with the hunt.
Don
73 Ranchero "Sport 72 front end", floor shift/console, planning EFI 7000 rpm 351 stroker
73 Ranchero GT 351C-4V &4R70W for sale later.
92 Lincoln Mark VII SE GTC, OBDII 347/4R70W
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KenDavid View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote KenDavid Quote  Post ReplyReply Direct Link To This Post Posted: 01-April-2025 at 10:35AM
Originally posted by 72 RS 351 72 RS 351 wrote:

Ditto all of that. We do need a list of the handful of obsolete parts which are big problems, or to be avoided. The 429/460 engine mounts for example are not to be found right now, I wouldn't want to have to hunt those or make them. The steering parts seem tough, pitman arms and idler arms, rotors such as the early 72 and 73's etc.

The body stuff is the major prerequisite, and these days a lot of interior and trim parts are scarce. A complete intact car is a great place to start. The engine and trans are minor now compared to the rest of the parts. The costs are all high, but you want to begin with as few needed parts as possible. Good luck with the hunt.

Thanks for the tips. Yea, a complete car is definitely ideal.  Agree on the engine and trans you can always take care of that. For the one I found what if I wanted the compete car unfortunately the seller has a good amount invested in the engine (more than I would spend for sure).
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 72 RS 351 Quote  Post ReplyReply Direct Link To This Post Posted: 01-April-2025 at 11:02AM
The Q code 73 GT I bought last had an engine with supposedly $6k in the engine. From what receipts I have the owner got taken by an engine shop. It does have upgraded closed chamber heads, but that may be all worth counting. The rest seems to be a mild combination not unlike my first 351C build in 1980. I used open chamber heads, but the same TRW flat top pistons, mild cam, stock type dual plane, and stock level rockers etc.

That cost me not much more than $1000 back then, while today engine work may cost you $2k for a near stock build. I'm going to put about $2k into a refresh that will be worth a 1000 rpm higher shift, real headers, RPM Air Gap intake, custom roller cam and proper oiling and valvetrain upgrades.

With a 2V Cleveland(the M-code engine), you can upgrade with stock heads or 4V stuff, and hit most possible power goals with proper planning. The machine work has gotten crazy, and many parts for those are specialty or otherwise tough to get, but all are possible.
Don
73 Ranchero "Sport 72 front end", floor shift/console, planning EFI 7000 rpm 351 stroker
73 Ranchero GT 351C-4V &4R70W for sale later.
92 Lincoln Mark VII SE GTC, OBDII 347/4R70W
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