SAAC Forum

The Cars => 1991-93 SAAC Mk1, Mk2 Mustang => Topic started by: ATB09 on September 23, 2021, 09:31:20 AM

Title: Mk1 Values
Post by: ATB09 on September 23, 2021, 09:31:20 AM
I know I know...controversial topic.

I am a lurker, just signed on here.  SAAC member for just over a year with my GT350R Heritage.  Sunbeam Tiger before that. 

I see that #50 is for sale and with the Fox body market going haywire (https://bringatrailer.com/ford/mustang-fox-body/) I have to wonder about the SAAC cars.  Such small numbers, such a cool story and arguably the best performing Fox made where should these be at with ~3500 miles?

Comps: 

Low mile Saleens are over $50k
Low mile Cobras are over $40K
R's are off the charts.

Just looking to get an idea.  There are so few of these and they come up so infrequently that it's had to gauge.  Been listed 3 times now for $89K with no buyers. 

Thanks all!  Really want a unique Fox.

AB
Title: Re: Mk1 Values
Post by: Bill on September 23, 2021, 09:52:43 AM
Quote from: ATB09 on September 23, 2021, 09:31:20 AM
I know I know...controversial topic.

I am a lurker, just signed on here.  SAAC member for just over a year with my GT350R Heritage.  Sunbeam Tiger before that. 

I see that #50 is for sale and with the Fox body market going haywire  I have to wonder about the SAAC cars.  Such small numbers, such a cool story and arguably the best performing Fox made where should these be at with ~3500 miles?

Comps: 

Low mile Saleens are over $50k
Low mile Cobras are over $40K
R's are off the charts.

Just looking to get an idea.  There are so few of these and they come up so infrequently that it's had to gauge.  Been listed 3 times now for $89K with no buyers. 

Thanks all!  Really want a unique Fox.

AB

If you are using BAT or Barrett Jackson as your "litmus test", then your view will be higher than the private market is generally seeing.

With that said, low mileage, well kept, fully documented cars will always garner more money than your run of the mill daily drivers. Those cars with modifications, or accident history, or those that clearly did not lead a charmed past life, will not, even though the seller will list it high with the mindset "well, my car is almost as nice as the one on BAT or BJ".

Just my personal two cents worth on the subject, as a buyer in a now 5 year search for just the right 1982 GT.

Bill
Title: Re: Mk1 Values
Post by: ATB09 on September 23, 2021, 10:53:14 AM
So any thoughts on SAAC values and specifically a well documented, mint, 3500 mile version?
Title: Re: Mk1 Values
Post by: PrettyMuchAShelbyGuy on September 23, 2021, 11:01:30 AM
So, not a Fox-body guy, but here's an Indy seller in the middle of nowhere TX, who has some vey nice cars... Check out the two (2) super low milage Fox Bodies... http://kmcars.com/car-showroom/

Ok, guess I should add, no affiliation with the seller either...
Title: Re: Mk1 Values
Post by: 427heaven on September 23, 2021, 11:59:00 AM
This typically is the wrong forum\ format for those cars. Probably get a better feel on the other sites.
Title: Re: Mk1 Values
Post by: Richstang on September 23, 2021, 12:18:55 PM
This is the only forum the caters to these specific 91-93 SAAC cars.
We lost a large amount of people and posts after the crash.
I'm not aware of any 87-93 Fox body specific website currently.


The SAAC Car Company was an official car manufacturer (Not an aftermarket addition). These are the rarest FOX cars built by an official manufacturer. They were EPA certified and compliant. MKI CX1 was the certification car federally approved. Only 62 SAAC cars were completed with 64 numbered over three years of production. (The two extra cars were never started and the VIN numbers are known).

MKI =36 units (1991 and 1992)
There were 36 MKI's completed over the two years;
This includes 30 production and 6 company PR cars (all were White with Blue stripes)

MKII = 15 units (1992 and 1993)
There were only 15 MKII's completed with the convertible added to the line-up. New colors were added (Red with White stripes, Black with Gold stripes, and White with Blue stripes were offered)
Only 12 convertibles were built along with 3 hatchbacks. This includes 1 red PR convertible.

Snake =11 units (1992 and 1993)
These were a lower featured base unit that could be optioned up to the MKI level.
Only 11 SAAC Snakes were completed, continuing with three paint colors available.
There were 4 convertible and 8 hatchbacks were built.



Compared to the next lowest production Fox model, there were 104 Cobra R models all built in 1993 and all built in red. As Fox Mustangs rise in value with age, the SAAC cars follow. All were cared for and most were put away for safe keeping. To date, only one has been found as previously used as daily driver. That is no longer the case. All the others have low mileage, typically less than 10,000 miles. Only a few have a few hundred miles or less. It is extremely difficult to put a value on these cars as only one or two come up for sale on a yearly basis. For that reason, prices are all over the map.





Title: Re: Mk1 Values
Post by: 427heaven on September 23, 2021, 12:43:38 PM
Doesnt the Four eye forum have a format for those cars?
Title: Re: Mk1 Values
Post by: Bill on September 23, 2021, 12:56:53 PM
Quote from: 427heaven on September 23, 2021, 12:43:38 PM
Doesnt the Four eye forum have a format for those cars?

Not typically, as they are specifically interested in 79-86 "Four Eyes" cars.

Even their "Other-Early-Fox-Discussion" is more related to "Non-Mustang/Capri Foxes: 78-83 Fairmont & Zephyr, 83-86 LTD & Marquis, 80-88 Thunderbird & Cougar, 82-87 Continental, 84-92 Mark VII, 81-82 Granada" and not the 87-93 variation.

Bill
Title: Re: Mk1 Values
Post by: 427heaven on September 23, 2021, 01:06:08 PM
OK Thanks.
Title: Re: Mk1 Values
Post by: 6T6SHELBY on September 23, 2021, 05:00:27 PM
To try and answer your original question, it is my understanding that a MKI with between 7-8k miles just sold in the last month or so for $65K in less than two days. From what I could see the car had been modified over the years and was in decent condition. Definitely not in show condition. I hope this helps.
Title: Re: Mk1 Values
Post by: Richstang on September 23, 2021, 10:01:16 PM
Quote from: 6T6SHELBY on September 23, 2021, 05:00:27 PM
To try and answer your original question, it is my understanding that a MKI with between 7-8k miles just sold in the last month or so for $65K in less than two days. From what I could see the car had been modified over the years and was in decent condition. Definitely not in show condition. I hope this helps.

There's an MKII convertible (007) just listed on the "oldcaronline" website for $52K.
The MKI 050 is currently priced at $90K on Hemming Classifieds.

That's a big difference for the different body styles and models for the same engine, trans, and suspension.
Both were built in 1992 a few months apart.

Those prices are certainly up substantially from a couple of years ago.
Title: Re: Mk1 Values
Post by: Flmach1 on October 01, 2021, 12:15:19 AM
Come on these low mileage cars are way over priced now and were back in the day too.  I bought a super clean 2003 Cobra for $20K last year that has zero mods except for what SVT did on the special assembly line at Ford.
Title: Re: Mk1 Values
Post by: Richstang on March 15, 2022, 08:44:01 PM
Quote from: Richstang on September 23, 2021, 10:01:16 PM
Quote from: 6T6SHELBY on September 23, 2021, 05:00:27 PM
To try and answer your original question, it is my understanding that a MKI with between 7-8k miles just sold in the last month or so for $65K in less than two days. From what I could see the car had been modified over the years and was in decent condition. Definitely not in show condition. I hope this helps.

There's an MKII convertible (007) just listed on the "oldcaronline" website for $52K.
The MKI 050 is currently priced at $90K on Hemming Classifieds.

That's a big difference for the different body styles and models for the same engine, trans, and suspension.
Both were built in 1992 a few months apart.

Those prices are certainly up substantially from a couple of years ago.

MKI 050 has sold to a new owner...a photo was posted on facebook
I'll add the photo when the 'Uploader' is fixed, if that ever happens.

Photo Added 4/1/2022 of MKI 050, 062, and MKII 007 as noted below

Car spotters in Peru posted a photo of MKI 062 in front of the Aston Martin dealer...
We know it was  ;) just visiting
Title: Re: Mk1 Values
Post by: 6T6SHELBY on March 15, 2022, 09:43:00 PM
MKII conv. #007 has also found a new home recently which just so happens to be in the town next to me.
Title: Re: Mk1 Values
Post by: Bondovian on November 11, 2023, 06:41:13 AM
I know this is an old post but a MKll is up for sale here in Indy for $124,000. The only red hatchback produced. here's the link https://www.facebook.com/marketplace/item/351070847444367/?ref=browse_tab&referral_code=marketplace_top_picks&referral_story_type=top_picks
Title: Re: Mk1 Values
Post by: Bill on November 11, 2023, 01:39:19 PM
Quote from: Bondovian on November 11, 2023, 06:41:13 AM
I know this is an old post but a MKll is up for sale here in Indy for $124,000. The only red hatchback produced. here's the link https://www.facebook.com/marketplace/item/351070847444367/?ref=browse_tab&referral_code=marketplace_top_picks&referral_story_type=top_picks

If it was a convertible, perhaps it might attain a lofty price such as posted. A fastback, no matter the color, I'm not so optimistic.

Bill
Title: Re: Mk1 Values
Post by: 98SVT - was 06GT on November 11, 2023, 02:07:38 PM
Quote from: Bondovian on November 11, 2023, 06:41:13 AMI know this is an old post but a MKll is up for sale here in Indy for $124,000.

I wonder if SAAC will build some "continuation" cars to ride the pricy coattails of the originals like CS did......
When will tributes start showing up? You could make a $3000 Fox body look like a 100 grand SAAC fairly easily.
Title: Re: Mk1 Values
Post by: Richstang on November 12, 2023, 07:43:54 AM
Quote from: 98SVT - was 06GT on November 11, 2023, 02:07:38 PM
Quote from: Bondovian on November 11, 2023, 06:41:13 AMI know this is an old post but a MKll is up for sale here in Indy for $124,000.

I wonder if SAAC will build some "continuation" cars to ride the pricy coattails of the originals like CS did......
When will tributes start showing up? You could make a $3000 Fox body look like a 100 grand SAAC fairly easily.

Tributes started showing up after day one, back to at least 1993. With all the VINs known and owner history, it is just about impossible to pass off a fake as real. I track clones too.
Parts are not as easy to get as you think. The wheels alone are extremely difficult to obtain originals. Replicas wheels are very difficult and next to impossible to get. Most clones are getting stripes wrong! The leather interiors are another challenging battle. To duplicate them you need a  true expert who knows the graphics and material type for each model. They don't exist and would be reproduction leather if ever replicated
Pricing has started to increase with the low mileage Fox Mustang demand. There are not a lot of buyers looking for the SAAC Car Company cars. Saleens are far more in demand and so are the '93 Cobras and Cobra Rs. The wrapper SAAC MKI car offered at the recent Mecum action brought up the pricing frenzy. It will fade as time passes.SAAC won't be building continuation SAAC cars anytime soon. That development crew is much older now and it would not have a strong enough demand. Ford stopped making Cobra R models decades ago for the same reason.
Title: Re: Mk1 Values
Post by: Cobra Jet on January 19, 2024, 03:14:09 AM
Quote from: Richstang on September 23, 2021, 12:18:55 PM
This is the only forum the caters to these specific 91-93 SAAC cars.
We lost a large amount of people and posts after the crash.
I'm not aware of any 87-93 Fox body specific website currently.


The SAAC Car Company was an official car manufacturer (Not an aftermarket addition). These are the rarest FOX cars built by an official manufacturer. They were EPA certified and compliant. MKI CX1 was the certification car federally approved. Only 62 SAAC cars were completed with 64 numbered over three years of production. (The two extra cars were never started and the VIN numbers are known).

MKI =36 units (1991 and 1992)
There were 36 MKI's completed over the two years;
This includes 30 production and 6 company PR cars (all were White with Blue stripes)

MKII = 15 units (1992 and 1993)
There were only 15 MKII's completed with the convertible added to the line-up. New colors were added (Red with White stripes, Black with Gold stripes, and White with Blue stripes were offered)
Only 12 convertibles were built along with 3 hatchbacks. This includes 1 red PR convertible.

Snake =11 units (1992 and 1993)
These were a lower featured base unit that could be optioned up to the MKI level.
Only 11 SAAC Snakes were completed, continuing with three paint colors available.
There were 4 convertible and 8 hatchbacks were built.



Compared to the next lowest production Fox model, there were 104 Cobra R models all built in 1993 and all built in red. As Fox Mustangs rise in value with age, the SAAC cars follow. All were cared for and most were put away for safe keeping. To date, only one has been found as previously used as daily driver. That is no longer the case. All the others have low mileage, typically less than 10,000 miles. Only a few have a few hundred miles or less. It is extremely difficult to put a value on these cars as only one or two come up for sale on a yearly basis. For that reason, prices are all over the map.

Hey Rich!

Long time.... I hope this post finds you well.

I was a contributor to the original 91-93 SAAC forum and we had some interesting topics if you recall... I just came across this site tonight and was reading through when I came upon your post, which intrigued me to register (only after I found I could no longer log in to this site).  Glad to see you're still online.

Anyhow, I saw your comment above about the original forum crash and since the 91-93 SAAC Fox history is extremely important, I wanted to post this below link for you and others.... Maybe there is a way to "bring back" what was lost from this link into this forum.  If the old info from the link can't be merged with the current, then maybe it could be a new thread or stickied somehow so it gets visibility for future readers or seekers of the data many of us compiled in the original 91-93 SAAC sub-forum.

Every post from the old 91-93 SAAC forum is readable in this link... so not all is totally lost.
https://web.archive.org/web/20150909133446/http://saacforum.com/index.php?board=75.0

I hope that is helpful and glad to "contribute" again.

You can still find me on Corral (where we also had some Fox SAAC discussions way back before the original SAAC subsection was on here), I'm on SVTP too, as well as many other Mustang sites.

As you said and I agree, there isn't much info specially dedicated to the 91-93 SAAC Mustangs.  Folks today don't even know what one was is, unless you're a true Mustang Enthusiast or a Fox Mustang owner from years past. 

Being in the hobby for over 30 years now, I've collected original Mustang brochures including some SAAC which I'll share some images here. I'm sure some 91-93 SAAC owners may have these, or have seen them on eBay time to time.  They're getting more rare as years pass and paper gets discarded by those who don't care.

The first attached image is a Dealership only double sided 8x11 card.

The second attached image is a full size fold out multi-page mailer brochure for those seeking to buy one of the MKI's. The original SAAC envelope is seen behind it and the small SAAC seal seen on the inside page of the brochure has never been broken.
Title: Re: Mk1 Values
Post by: 6T6SHELBY on January 19, 2024, 04:06:39 AM
Hey Phil,

I would suggest checking out the SAAC Mustangs Facebook page. There is a lot of cool info there.