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Options make all the difference here, but a non-running restore-able fastback (most desirable), considering the end product (with the least valuable 320 engine considered) will be worth $27,000, you should start at $2500- $3500 for the project car.

There are a ton of things to consider, though. For example, '68 was the first year of the gt500kr and the 428 cobra Hemi, so if your project car has a big block engine, running or not, expect that base price to nearly double.

Here's my story, and it is to give you perspective: My project car was a 1966 Mustang, advertised in the local paper (Las Vegas so zero chance of rust) at $2800. There was minor body damage, the interior was original but 30 years old so it was raggedy, and the engine sputtered (lucky me). I drove off with my coughing, choking, smoke belching, 289 Hi-po 4 speed top loader beauty for $1900. I later (after much love and sweat) got $24,000 for her.

My tip: Get a feel for the seller, does he know what he has, or is he just wanting to get rid of a clunker? It makes all the difference; these guys will have it priced around $2000 but will take less if you balk about what it will take you to get it running, never let it be known that you intend to restore the treasure, say it's a first car for your son, or anything, to put your position such that you can take or leave the vehicle if the deal isn't sweet.

I once talked a man into giving my friend a second parts car in addition to the one he was buying that I had dickered the price to $1200 for a running '67 coupe, later we made the parts car a driver as well.

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Q: How much is the body only of a 1968 Mustang Fastback worth with no dents little rust needs paint not running?
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