Are Mustangs still collectible?

[Seth Swoboda]

Mustangs used to be a car that folks bought, restored and collected. It seems like unless it's a special car, fastback or related, nobody wants them. I believe the market for any of our early Fords is very soft, however.

So the question is, what about a plain old first generation mustang coupe or convertible? Are we now just throwing these cars out with the trash? It seems like you'd have to nearly give one away if you had one to sell, project or finished car. If you wanted to purchase one you'd have quite a bit of leverage on negotiating if the seller was motivated.

Thoughts?

Seth