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Pony Up How Much?(Column)
Byline: Dutch Mandel
When I hear stories of $5.5 million Ford Mustangs, the quote often credited to P.T. Barnum about a sucker born every minute rings in my ears.
It has something to do with that model of car and that ridiculously unrealistic figure. But it also has to do with price elasticity, greed and stupidity ("Tale of Two 'Stangs,'' AW, Feb. 25). All are being tested to the max.
I love the 1965 Mustang. My first car was a well-used 289 notchback whose $1,000 cost was recouped years after I bought it. I had great times in the front seat of my pony after bolting on an 850-cfm Holley carb, throwing in a four-point harness, slapping on used Michelin radials and autocrossing it. And the back seat held some memories, too.
This is why I find it absurd that a car, especially one among 1.2 million built in its first two years of production, is believed to command this kind of price. What next, a six-figure Maverick?
I know you don't get if you don't ask. And by asking silly, stupid money, Randy Paddock at www.classicmusclecars.com is creating an immediate promotional buzz.
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Source: HighBeam Research, Pony Up How Much?(Column)