* Overall Condition: Is the rest of the car in good shape (body, interior, paint)? A pristine body with a blown head gasket will fetch more than a rusty, beat-up car with the same problem.
* Mileage: Lower mileage generally means a higher price, even with the blown head gasket.
* Specific Model/Trim: A GT will be worth more than a base model, even if both have the same problem.
* Location: Prices vary by region. A car in high demand area might sell for a bit more.
* Parts Availability: The ease of finding replacement parts for a 1994 Mustang is fairly good, but this can still influence a buyer's offer.
Realistic Price Range: Expect to sell it for $500 - $2,500. The lower end is for a car with significant additional problems, high mileage, and poor condition. The higher end is possible for a low-mileage car in good cosmetic condition, but even then, that's optimistic given the blown head gasket.
Important Note: Be completely transparent about the blown head gasket. Don't try to hide it. Honest disclosure will attract more serious buyers who understand the repair needed and are willing to tackle the project. Advertising it as a "repair project" or "parts car" will help manage expectations.
