When something sounds too good to be true, chances are it is. Ford’s 2012 Mustang Boss 302, produced in limited quantities, is a hard item to find in a dealer showroom. If you can track one down, chances are good that the dealer will want a hefty profit, labeled as “Additional Dealer Markup,” on top of the car’s sticker price. In fact, if you can find a Boss 302 for only $5,000 above the sticker price, we’d say, “buy it.”

Thus, when you come across a Boss 302 for $20,000 on eBay, you know there’s bound to be a catch. Take the car in the picture above, which recently sold on the online auction site for $20,000. It was only two months old, with less than 1,700 miles on the clock, when a drunk driver forced the Boss 302’s owner off the road. No other details were provided, but it’s clear that the car rolled at least once, and hit something pretty damn solid with the left front fender.

Full story after the jump.

The owner calls it “rebuildable for less than the price of a new Boss 302,” but we’d beg to differ. At the very least, the car needs a new roof, new glass, new front fenders, a new front suspension, new radiator, new airbags, at least one new wheel, and some paint. There’s no way of knowing how long the car ran while upside down, so there’s no easy way to tell if the car suffered engine damage in the crash. We’d call that a giant roll of the dice, and our math says it’s cheaper to just buy a new Boss 302, even with dealer price gouging. Even if you can rebuild it, the car will forever be saddled with a salvage title, which greatly reduces the car’s resale value.

The car sold for $20,000, and we suspect that the owner of a 4.6-liter or 5.0-liter Mustang has some late nights and long weekends ahead of him. We wish him lots of luck, because our experience with project cars tells us that things rarely work out as originally intended.

Source: eBay

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  (676) posted on 09.12.2011

Never knew that wrecked cars are being sold, I am not going to but this car unless I am a biggest fan of Mustang. A great idea for the buyers to upgrade and sell it on a higher price. Nice move by the way!

  (530) posted on 09.1.2011

Ford Mustang is one of a great car. But i don’t know if the price is right to sell it.

  (595) posted on 08.10.2011

Poor Ford Mustang Boss. The one who bought this car really loves Mustang Boss because even if it is already crashed, he/she still bought it. I think a $20,000 is reasonable enough to have this one, since there will be a repair and maintenance expenses for this car.

  (580) posted on 08.10.2011

Well, I don’t think that the interior of the car was totally damaged. The price of this car is quite a sweet deal! i bet there are lots of people who wants to purchase this vehicle.

  (412) posted on 08.10.2011

In regards to this news, last month there’s a news about a Camaro SS that was sold for only $5! And I think with the damage suffered by this vehicle, it’s a good thing that the owner has the gut to sell this car on that amount.

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