I did my first car flip this week. Bought it for $600 put $250 into it and sold it for $1900. lots of work but im on my way .

A Mustang enthusiast knows the difference between a ROUSH or Saleen and a regular Mustang

Keep it for yourself. You bought it; enjoy it! Drive it to work and let it attract people to the lot. I'd be proud to own something like that.

I took a drink everytime Craig said "Saleen" woke up on Oak Island 3 days later and I found the money pit...

Honestly, the Saleen Mustangs of this generation are some of my favorites-I find the styling rather subtle, especially compared to what can be seen today with these "specialty" sorts of cars (for example, look at what Mansory or Hennessey or even Brabus will do to vehicles). I know those comparisons are in a somewhat different league from what Saleen does, but it's a similar concept. Now as for the depreciation/sales side of it, yes, since most people won't even know what the hell they're looking at it would be a very hard car to try and sell. If I were to buy one of these it would 100% be to drive, not to flip or sell in any way

Any true Mustang fan would know what that car is. You had too many people who don't know what they are looking at. I wanted one back in the day when they came out but couldn't afford it at that time.

I guarantee you that every single person that has low-balled you and acted like they don't know what a Saleen is, would turn around and try to flip it for more than you're asking because it's sUpEr RaRe!!!!!!1!!!!!!1!111!!!!

I wonder if Cars and Bids would be a good match since it’s a unique car.

Sold mine within the week and i was asking around what it was worth. Had a lot of people interested and most knew what it was. It was one of the fastest selling cars i have ever sold. If marketplace will not let you put the full price in, change the make and model to other and type in what it is and you can put whatever price you want while keeping it under the cars category. This will probably not work if you list it as a dealer.

To help you out some. There may only be 3 2008 S281s for sale currently, but there are plenty of 05-08s for sale. The #22 doesn’t mean the car was the 22nd car made that year. Saleen doesn’t build them in sequence. Also cars numbers 1-10 are used internally for press/media, demos, family and friends. Not all numbers are used either. You can order a new window sticker and a Letter of Authenticity from Saleen on their website. The car you have had an aftermarket non Saleen hood on it. Saleen also did suspension changes including springs, sway bars, shocks/struts. Supercharged models also received larger front brakes with StopTech front calipers and rotors. The seats have custom covers and front has custom headrests. The wheels should be silver or chrome and have been refinished.

2 words...niche market. Owned a 2003 Jack Roush Classic, #35 of 50 built. Talk about a depreciating asset. Went in to buy a Terminator, should've stuck to my guns and bought the Termi instead. An instant classic nowadays; "specialty" cars, not so much. Too much cloning going on doesn't help resale either. Never again.

I absolutely love this car. Was infatuated by it in middle school when it came out. Absolutely gorgeous car

Next time list it on BaT - Bring A Trailer 👍🏼

I have financed three Saleen Mustang ‘s. My first one, an 89 fox body was through Wells Fargo. My second one, an 02 N/A was through a credit union. My third one, a 2007 extreme was also through a credit union. I simply used the NADA guide To show cost and value as well as a letter/ phone call to/from Saleen verifying that it was a Saleen Mustang. SALEEN can verify their cars by the vin, even though the vin reading shows whatever model mustang they used to build the SALEEN. It is a little bit of a pain because it’s not necessarily straightforward on financing as well as insurance. If you know what the vehicles are they are well worth it. You can also advertise on the marketplace by putting in the description what you actually want to charge for the vehicle, at least that’s what I’ve seen people do. You could also advertise these vehicles, I’m assuming Rauch as well on the SALEEN forums and SALEEN Facebook pages. It’s amazing how fast these cars get scooped up. Hope this helps and whoever purchased it will probably be pretty happy.

My saleen sc was a killer car. Stored it every winter. Took forever to sell it. Had 21 k miles on it. Cherry car. I miss it. Top speed I hit was 165mph.

Been in love with these kind of cars since I was a kid

Great info! My parents old 35th Ann Camaro SS Brickyard 400 pace car #22 was the same, as this Saleen, issues as spoken. It will be going on the block at Mecum this Wednesday in INDY.

Why didn't send it to Barrett-Jackson or Mecum auctions? I think that was where your buyers would be found.

Seems to me the place to sell this for market value would be a Saleen owners group. A specialty car needs to be in front of that crowd.

Several Saleen message boards. Could've gotten the asking price there.

Craig please keep these videos coming. I love your honesty, and work ethic. You definitely give a great perspective on buying and selling cars.

So happy you cleared that up because as a owner of one of these fine machines , I was wondering from the title of this video what is he talking about. I do remember when I was searching for my 06 in 2009 it was listed as a GT. I thought that was so strange although I knew what I was looking for and wanted. Now that I think about it I did finance half the price of the car which maybe why I didn't have a problem getting it. Good Video.

Very interesting video. Mustang GT owner here. Didn’t really know much about the Saleen brand but learned what I need to know. Thank you.

Did you know that Saleen worked their magic on a small handful of V6 and V8 models from 99 and 00? They’re pretty cool and I’ve only ever seen one.

"Cash today" and "cash right now" my favorite Facebook offers!!

I am a lifetime car guy (67 years young). I have done it all and you just gave me a new education !!. You did not talk about what a customer will probably have to do to insure the Saleen. You can't walk into an Allstate office, because all they look at is the vin. I bet you have to have a custom insurance policy to cover the damn thing, too !

I think part of it is the underlying engine, a 4.6L variable cam Triton, is known to be a money pit. Chain guides that break, tensioner gaskets that blow out, VCTs that stick, phasers that fail from a lack of oil pressure, lifters and roller followers that required an update from Ford, 2 piece spark plugs that break in the head, and an oil pump that leaks from the aluminum backplate at high speeds. The oil channels, particularly on the camshaft, are exceptionally small, so these engines absolutely require a perfect service history. I put my kids through college on this engine, and I wouldn't recommend it to my worst enemy.

I always thought the Saleen's had their own Vin. They are listed as a Manufacturer. Lean something new everyday- thanks Craig.

Btw, books as a modified Mustang GT. Saleen doesn't do anything to the VIN.

Very informative 👍

I think you overstate the GT500 availability. AutoTrader shows a little over 700 new and used nationwide. I get your point that Saleen's are more rare. New GT500's are selling well above MSRP, and newer used ones show very little depreciation.

Wow. A good lesson on why if you want something like this you better plan on keeping it.

Another problem with Roush and Saleen cars are if you damage those special hoods and fascias it's a good bet new ones are no longer available

Yeah so rare that no dealer in louisiana even know what it is much less fathom any attempt service or warrant work.

The title,is misleading. It should be What I learned about selling high value, rare vehicles. The title implies issues with Salween, they’re great, just a poor,fit,for a roadside dealer.

10+ Saleens currently listed on Hemmings Auctions

Thanks for the info. I'm looking for a 2007 - 2009 427R and this video was a big heads up!

i am looking at a 2008 roush 427 stage 3 as we speak it is a bargain 12,000 miles and mint

Hemmings is the only place I would list a saleen

They made more Shelby but they still have a superior driveline and a far better platform to build on.

No problem, if you don't like the Saleen sell it to me. I live in Sweden 😊

Like your videos you pass down some knowledge to us new business owners and those who don’t have as much experience as you do in the car business.

Harder to sell because the VIN shows 08 Mustang and they won’t loan on it as a Saleen. Went through the same thing with a Roush I had. PIA

As the owner of 99-171 and 97-117 before that.. this video is a fair shake to Saleen sales vs. Saleen owners. Thumbs up.

ya your right I had a 2004 and a 2006 Saleen and they were very hard to sell

I'm from New Zealand and know what a Saleen mustang is.

I love my 1 of 7 Saleen Mustang

These cars were slow sellers and heavily discounted new, good luck getting a premium for it

Very interesting video, even for a person from the Netherlands. Well put together.

A lot of love and care went into Saleen models. They are very fun... If you want something different, and unique grab one. :D Time only brings more love to special cars like these. They are fun but the people that didnt know that will eventually. :D

Local car shows on weekends with a For Sale sign will help some with cars like that

معلومات جديدة ... new informations I hear for the first time. Good Job

Had the same problem trading off my 18 Roush. Was 6k upside down n the dealer split the difference so I could get a 20 Gt 350. My 17 gt 350 held its value when I traded for the Roush in 18.

I love this video! Super useful information that I wouldn’t have thought about!

The 351 extreme Saleen was the best Saleen made

I’d buy this in a heart beat if it was available still❤

It's all about those Shelby pre-title cars. I had an '08 Shelby CS8.

Thanks for the insight Craig! Hennessey has built a RAM TRX SUV!! Yeah 7 seater! w/ 1000hp. But similar concept, you buy it for 2x retail you can’t ever sell it for what it’s truly worth! 👏🏼👏🏼

Some of the trouble with those compared to a GT500 is the Saleen and Roush do not have drivetrain upgrades.. they are body kit cars with a super charger.. GT500 is a better car by far.. Just because its low production rare car doesent make it super valuable unless its got 500 miles.. Thats a driver with over 40k.. also todays 2015 stock form GT has equal performance as a supercharged 4.6 from 2008. Nice car but id buy a 2015 GT.. then supercharge it.. Im a cash buyer and would have to pass on it. At least you got your money back.. 22k is a good number for it..

Curious as to why there's such a struggle to list it correctly? I looked on Facebook Marketplace just a couple hours ago and found a black 2008 with 65,000 Saleen S281SC listed for 19,500. The problem with the S281SC is that realistically they just weren't popular then and they aren't now unless you specifically look for one. The Shelby that's been mentioned had the same amount of interior and exterior work but went one step further and dropped a 5.4 with forged internals and an Eaton blower. Between the 2, the Shelby will always be the more popular of the 2. When new, many people stayed away from Saleen products when the Shelby was offered because Steve Saleen and Saleen as a business had a lot of legal issues going on which turned people off, but also the Shelby had the SVT/Ford badge which gave the impression of a better warranty, better ease of service and still having a relatively exclusive vehicle that had the Carol Shelby pedigree. Not to mention, car enthusiasts knew from the start that the Saleen and Roush cars just had blowers stuck on top of an otherwise stock 4.6 3v...although they made very respectable power...they were at the upper end of what a stock 4.6's rods could handle.

In my younger days love sport cars but like trucks

This one has great info and I’m sure it’s something you can apply to other similar limited models things to think about when our basing a car to flip

You’re 100% correct

I just love it when people say cash right now and then want to write you a check !

I cant believe i just heard someone say, i got to have a saleen for 8months and it was a loss, obviously not a mustang guy I get it but i love to try different cars and thats one of them

I have worked on numerous Saleen/Roush Mustangs and I will not ever buy one again. first and most importantly, NOBODY makes parts for them and NO parts for other mustangs will fit. Blocks and heads are different, cooling is different, the serpentine system is a nightmare. spent 9 months trying to find parts for the last Roush/Saleen I worked on. had to modify the block, heads, cooling system, and had to make a set of bolts as they do NOT make the bolts for sale. took 4 months to do! NEVER AGAIN!

Awesome video and insight as to how to handle specialty vehicles. A lot of good content and education to be had if people would learn to listen instead of running their keyboards.😂

when you have a car like that (rare) only place to sell it is a large car auction Kruse, Barret/Jackson. not as sure about your area but a collector auction is the wat to go.

that Saleen would have more chance of selling on cars and bids

This is great info, I’m considering one, not super worried about resale so it’s good to know they are slow movers and I can take my time for the right one.

Very educational thank you!

One year my local ford dealers had more than 20 of these out front. The only one i liked was a plain white Racecraft version that had waaay less plastic crap bolted on.

It actually blocks me from responding when I get to many "is this available messages" I assume because Facebook thinks it is spam it blocks me for 24 hours after that I can respond very annoying

I cannot imagine dealing with the kinds of buyers looking at Mustangs at Buy Here Pay Here lots... Here comes Johnny Nocredit... “Aww dood awww doooood! How much? Awww doood! Nah man, no credit... You can finance, right?” (Turns out, the guy has garnished wages, hasnt held a job longer than six weeks, and a credit rating in the low 400s - but he needs that Mustang, man!)

Back when this came out I was obsessed with it.

It's not a Mustang anymore with all badges & upgrades it's a Saleen & Rare People always trying to get over & lowball That's like if Graig put a Lamborghini on his lot will stick out like sore thumb good video

Thank you for that I learned something

your best option would be to take it to an auction setting like mecum or Barrett-Jackson next time yes you do have to pay the fees but its worth it

My fav is a all white Saleen , those cars are fancy!!

I was working at a house today in a customer had the same car in the same color with the factory wheels so that brought me here

Wow. That must be same for Calloway corvettes etc. But don’t saleen or roush Have some sort of directory or certificate program type org? I just find it hard to believe anyone who ever heard of a mustang, does not know Saleen or Roush.

saw ones of these on the street for the first time yesterday. same model same color same body

That car is worth probably even more! I'd hang on to it!

the only place your getting decent money would be as high profile auction like Barrett Jackson, and the auction fee will gut you

Timing is everything

My bet flip was a 2004 Tacoma single cab I bout for 200$ from a drug addict had flat tire and no brakes put 500 into for tires and brakes it sold for $4000 a week later my phone was blowing up

these types of cars need to be sold on enthusiast forums. Sold a c5 heavily modified supercharged 2002 corvette for $36k on a fan forum

I’ll give you 22k for it.. I just sold a yellow one with 19k miles for 38k

Just seen this video. Another problem with Saleen and Roush if in a accident it's next to impossible to find. replacement parts. If you contact Saleen or Roush they only have current year parts. 😮

Bro in Australia back in 2016 there was a middle 90’s white convertible Saleen mustang for sale at Main North road local auto car sales , it was absolutely insanely gorgeous , white 5 spoke wheels , I went there cos I am a huge fan , the salesman didn’t even knew what Saleen was , next couple days I drive past they re painted the wheels black , I just couldn’t be line my eyes , they had no idea what it was , the repainted the wheels and for them was just an old middle 90’s Mustang but at least we’ve got excuses that we are in Australia not many people knows American car history, but Saleen mustangs is legendary as far as I am concerned

A lot of people know about saleens , rousch and other unique car custom companies it's just that everyone wants a steal of a deal. Maybe now after your video more customers will know but I've heard rousch tend to catch on fire.

Thanks!!! U have saved my money by almost spending on saleem I m gonna stick to GT

loving the camera quality

This is not an everyday mustang and if you wanted to push it quickly you’d be better off putting in a collector car auction. I can’t believe nobody knows what it is . I have always dreamed of having a Saleen Mustang since the sN95 mustang era. Didn’t really car for the fox body spleens but know they’re something special

I know you sold it, but JJ Best might have financed it. Cars like that are their bread and butter.

Same problem with the rtr mustangs

So this is why you don’t want my yenko 😂😂😜😜

Based on what you said Saleen should replace the VIN or something to allow the car to retain it's value in the Bluebook or something. I'm not a ford guy but that would be fun to rip for sure.

Why don't you keep it and put it in the garage with the viper since there both rare

You would never think it being a Saleen having a problem selling it nice car