Opinions vary on whether the relative value of a vehicle can be impacted by its ownership history, particularly if a previous owner has achieved celebrity status. The ultimate value of a car can also be greatly influenced by what modifications have been performed, and more importantly, by whom. Barn Finder Roger spotted this particular Mustang for us, so thank you for that Roger. It is a car that scores a hit on both of these fronts. It is a Mustang that has been given the best treatment that Saleen Autosport could provide, and was purchased new by Merv Griffin. It is now owned by his son and has been listed for sale here on Craigslist. Located in Hamilton Township, New Jersey, the asking price for the Mustang has been set at $60,000.

The overall presentation of the Mustang is pretty hard to fault. The car has recently undergone a repaint and has also been fitted with a new soft-top. The headlights were also replaced, along with new OEM tail-lights. I wish there were some photos of the underside of the car because I would suspect that it is probably pretty impressive. It hasn’t been painted underneath but has been powder-coated. Since the car underwent its refurbishment, it has only covered a mere 2,000 miles.

The interior of the Mustang is also spotless, but the color combination won’t be to everyone’s taste. To me, the black dash looks out of place against the predominantly red and white interior. Under the new red carpet is a healthy layer of Dynamat, while the leather seats and door trims are also new. The refurbishment work that has been performed would not be considered a faithful restoration to when the late Mr. Griffin owned the car, as the Alpine stereo that is fitted to the car is a very modern unit. There are some nice detail touches, such as the polished door handles, and polished buttons for the power windows and power locks. On the comfort front, as well as those power features, the Mustang sports a new Momo steering wheel, and freshly rebuilt air conditioning.

It’s under the hood of the Mustang where things start to get pretty serious. The 302ci V8 originally received the Saleen treatment, but it has recently undergone a full rebuild by another reputable builder. The list of new parts is quite comprehensive, but the result is an engine that pumps out 565hp. This is fed to a Tremec manual transmission, and then to the rear end via a Ford Motorsport aluminum driveshaft. The brakes have also been upgraded from original, while the wheels are 17×8 SVT cobra rims, fitted with new BF Goodrich tires. Once again, details abound under the hood, with polished aluminum and chrome as far as the eye can see.

The history of this Mustang LX Saleen cannot be questioned, as the owner holds a letter of authenticity from Steve Saleen which verifies that the vehicle’s original owner was Merv Griffin. Just how much this affects the value of the car is hard to say. Likewise, it appears that the refurbishment of the car has resulted in it being far removed from how it would have been when it rolled out of the Saleen workshop. So, bearing this in mind, do you think that the asking price is fair, and would this be a car that you would consider owning?