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History of the SHO By SHO Club

To Restore your SHO or not?
That is the question!

 

Here at SHO Club, I get calls and e-mails all the time asking if it is worth it to fix up their SHO or should they move on.  I tried to address this complicated question in my answer to an e-mail I got recently:

 

First off, your site is great!

I own a 1991 Black SHO and its getting a little aged but it still runs like a bear. My question to you, if you take questions, is would you keep this car? I love its performance but I am now at the point that if I keep it I need to spend some dollars on repairs, etc.

The shifter or clutch, not sure which one is giving me problems, is binding up when shifting and grinding the gears. The A/C needs fixing and the body needs some rust repair and new paint. Besides that it has 85,000 miles on it and still does a full pull in third gear to 115. I have yet had the opportunity to tap out fourth gear. Just love it when on the highway I do a 70-mph downshift from 5th to 3rd and take 5 liter Mustangs to task.

I was wondering if you could tell me specifics about this car that are not contained in the shop manual. The vin # is 1FACP54Y9MAXXXXXX. Is there anything special about this one. I guess I'm looking for that little extra justification to spend the time and money to get this car back into top condition.

Thanks,
Karl Wolf
Windsor, CT

Karl,

Glad you found us, I hear these quesions a lot, I will do my best to give you some advice.

Keep a trusty friend (your SHO) that needs work/$ spent on it, or get something new?

Chances are the type of work you are talking about, unless you can do it all yourself will run $2000 or more, maybe a lot more.

Right now we have people that are doing restorations on their SHO's. This is what you seem to be considering. This means more than just maintenance, but rebuilding the car and doing a quality repaint and maybe new interior. ANY car you do this to will cost about the same. What it is worth when you are through varies a lot!

Example: In collectible cars, you can restore a 57 Plymouth or a 57 Chevy. When you are through, you will spend about the same amount of money on each, but the Chevy will be worth about 2-4 times what the Plymouth will be worth because more people WANT the Chevy!

You can restore a Mustang or a SHO. When done, you will have spent the same money, but the Mustang will be worth more because more people want one.

The SHO has poor resale value, and that won't change. The best ones get good money...for a SHO, but not for a popular car.

Personally I think the SHO is worth the effort, but only YOU can make that decision.

I hear from people every week that sold their SHO to buy something new, and they hate it after a while and want their SHO back. I am sure there are others that love their new car too.

Another thing, you KNOW this SHO. If you buy another used car, you could be buying someone else's troubles. If you buy a newer or new car, you will pay thousands more to own that car, or be making payments. For less than the cost of the trade and payments, you could fix your SHO and maybe get several more years enjoyment out of it. The motors are good for 200,000 plus miles; many have made more than 300,000.

If the body does not have serious rust, the important parts (strut towers etc) do not generally get rust damage.

You must decide if you will be happy with your trusty SHO for another 2-4 years. Don't fix the car up to just sell it though, you will never get your money back out.

A 1991 SHO (no way to tell anything about the options from your VIN) is the last year of the first generation. That means a little to value, but not much. A basic used '91 SHO in good mechanical and cosmetic shape showing normal wear/tear can be worth between $1500 and $5000. I have seen REALLY nice ones with ultra low miles that look and drive showroom new get more than that and rusty parts cars are worth less than $500.

The reality is that  a "restored" SHO will be hard pressed to be worth more than $4000, and chances are you will have more than that in it by the time you are done. So the cost/benefit must come from your enjoyment and use of the car over time.

I hope that helps!

Don Mallinson, President
SHO Club

If you have anything to add, please contact me at the link below.

Don Mallinson
SHO Club

shoclub1@shoclub.com 

 

 

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