The overall condition of this vehicle inspected to be a #3 or stated as "good" per the Hagerty vehicle grading scale. This 1965 Mustang Convertible is an original unrestored vehicle and great cruiser. This Mustang was originally sold in Denver, making it a Colorado car its entire life.
The engine is a 289 cid 2V. The engine appears stock, The engine compartment is neat, tidy, could use a detail. This vehicle also has power steering. The transmission is a C4 automatic, however this car came originally with a more desirable 4 speed manual, that was switched out sometime in its life.
The suspension appears to be original with only wear parts replaced, the underside is original, and has not been undercoated. Features manual drum brakes, stock steel wheels with accessory spinner hubcaps and radial tires.
The body is in nice condition having been repainted at some point in its life. A small area of rust in the driver's floor pan will need to be addressed at some point. This car does have a newer convertible top assembly. All trim, bumpers and glass are in good condition.
The interior is stock original and features a front bench seat which is rarer than the standard bucket seats. Carpet seats door panels appear as original.
This is a nice unrestored Mustang.
Stated Replacement Value Appraisal Report for Terry Sullivan 5/22/2024
Statement of Appraisal
The undersigned hereby declares that:
A physical inspection of the stated vehicle was performed.
  There is no undisclosed personal interest in the vehicle appraised or the proceeds to be derived from. To the best of my knowledge the statements in this report are correct and the opinions stated are based on full and fair consideration of all the available facts.
  The findings reported herein will not be revealed to anyone other than the named recipient without permission.
  A copy of this appraisal report will be kept in our files for a period of five years, together with the original notes from which it was prepared.
  The fee for the appraisal report is not contingent upon value reported.
  No investigation of legal title to the appraised vehicle has been made and owners of the property have been researched to be valid.
  After having considered all the relevant factors, it is the opinion of the appraiser that the actual replacement value of the subject vehicle is $27250.oo. This valuation does NOT include taxes, licensing fees or shipping.