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2007 Saleen/Parnelli Jones Limited Edition Or as Parnelli likes to call them, for "the Parnelli Jones/Saleen Limited Edition."

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  #1  
Old 04-18-2018
newguy newguy is offline
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Default 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!
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Old 04-18-2018
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Dave Dave is offline
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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.
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  #3  
Old 04-18-2018
newguy newguy is offline
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Quote:
Originally Posted by Dave View Post
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.
Thanks BIGTIME, much appreciated! 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.
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  #4  
Old 04-23-2018
newguy newguy is offline
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No other thoughts, suggestions, ideas? Thanks
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  #5  
Old 04-23-2018
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87 vert 87 vert is offline
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While not rare, they are great driving great handling cars! Buy it, drive it, and enjoy!!
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  #6  
Old 04-23-2018
newguy newguy is offline
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Quote:
Originally Posted by 87 vert View Post
While not rare, they are great driving great handling cars! Buy it, drive it, and enjoy!!
LOL, THAT'S the spirit!!
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  #7  
Old 04-25-2018
SCALECRAFT SCALECRAFT is offline
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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.
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  #8  
Old 05-13-2018
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Dutch-Twister Dutch-Twister is offline
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I own PJ #161 for 7 1/2 years.
Had it converted to automatic because of a disability.
I love driving it
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  #9  
Old 08-27-2018
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Aussie-Parnelli Aussie-Parnelli is offline
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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!!!!
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  #10  
Old 11-11-2018
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emba129 emba129 is offline
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I agree.. Great car with a solid following. You won't be disappointed!!
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  #11  
Old 11-12-2018
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#260 on Ebay

https://www.ebay.com/itm/2007-Ford-M...w5qS:rk:1:pf:0
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