The Saleen Forums at soec.org - Q: Possible purchase?

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- - Q: Possible purchase? - S302 PJ Edition (https://saleenforums.soec.org/showthread.php?t=21913)

Q: Possible purchase? - S302 PJ Edition

New to Mustangs and looking at a 2007 Saleen PJ edition but don't really know their value or "collectability". Can anyone shed some light on this. What should a mint one, maybe 10,000 miles, go for resonably priced? Are they very collectible right now? What do I check for to autheticate that it really is a PJ and not possibly a clone? ( nowdays ANYTHING can be fake!) Any info , tips would help! Thanks!

Hi and welcome to THE Saleen Forums @ SOEC.org.

I would say PJ value is in the 28-35K range. You can find them for less and for more. 10,000 miles may be "low" for a normal car, but there are a number of PJs with less than 1,000 miles and in some cases less than 100 miles.

Most of the Saleen/PJ styling parts are out-of-production and very few items are available second-hand. You will want to buy a PJ with all the correct Saleen components if you plan to save this vehicle as a future collectible.

Currently, these S197 Saleens are "used cars." I would not call them collectable as of today. If you look at vintage Saleen Mustangs, it took 20-30 years for them to increase in value.

The 2007 PJ is strange for two reasons...
1: At 500 units produced it is not a rare Saleen vehicle
2: Saleen produced the announced run of 500 units

It was not uncommon for Saleen to announce a production run of X units... then produce less.

If you like the vintage styling of 1960s Ford Mustangs, the PJ Edition checks all those boxes. If you are a fan of vintage Trans-Am racing, the PJ Edition checks all those boxes. If you love Parnelli Jones, the PJ Edition checks all those boxes.

A much rarer model are the 2008 Heritage Editions.

If you just want a rare S197 Saleen... a custom paint S281 SC, or an Extreme model would be a better buy.

Quote:

Originally Posted by Dave (Post 146171)

Thanks BIGTIME, much appreciated!:smile: I always regretted not getting an original Boss 302 ( had Z-28's) and the "new" ones are just "standouts" amongst all the Mustangs out there now, rarely see them at shows.

No other thoughts, suggestions, ideas? Thanks

While not rare, they are great driving great handling cars:smile:! Buy it, drive it, and enjoy!!

Quote:

Originally Posted by 87 vert (Post 146193)

While not rare, they are great driving great handling cars:smile:! Buy it, drive it, and enjoy!!

LOL, THAT'S the spirit!!:smile:

Hi

I came a across one about a year ago. 5,000 mile. I have only seen 3 since it was introduced. I drive it one every 3 weeks to keep it fit. It's perfect condition.

The Justice Brothers (oils) museum in Monrovia has one in the museum.

I called Saleen and gave them the VIN number. They can authenticate the car.

I am a fan of Parnelli Jones far more than Saleen. The car looks great, handles ok. The OEM Watts link had a TSB on it. The single diff pivot bolt could snap if used on a track.

It's a great car to cruise in and take to shows.

In California, the right guy may pay near $40,000+ for a perfect low miles one.

I own PJ #161 for 7 1/2 years.
Had it converted to automatic because of a disability.
I love driving it

I think everyone knows my feelings owning 2, these are among the best Mustangs ever made. A car to be driven, enjoyed and respected.
They will be worth more one day but not in my lifetime!!!!

I agree.. Great car with a solid following. You won't be disappointed!!