13/07/2021
I am kind of proud of today’s Junkyard Car of the Day, this 2002 Ford Thunderbird which I bought this from Insurance Auto Auctions for my Fresno, California Pick-N-Pull junkyard. I have personally never seen an eleventh-generation Thunderbird in a junkyard, let alone a self-service yard.
The journey began a couple weeks ago when I found this car while doing my pre-bidding. I pre-bid the car and waited until auction day to try to get it. Now it’s kind of important to note that I buy anywhere from 10 to 30 vehicles from IAA and another 10-30 cars from Copart every week, and that is only a small part of my job. So, trying to keep track of a specific car when you are busy watching 2, 3 or even 4 auctions at a time isn’t always the easiest.
I ended up being the top bidder for the car, but it was on a reserve, so I had to wait until the seller decided if they wanted to let it go, or to make a counter-offer to me. The car was owned by GEICO, and it was listed as a runner, but not as a driver. At the end of the auction, the seller, GEICO, did indeed make a counteroffer to my bid. I have a lot of leeway in how much I can spend on vehicles and our company has a computer system where we can input a VIN and it will tell me, as the buyer, a price, a rating as to how well the car does selling parts in the yard, and a suggested price guideline. Of course, I can go up or down depending on the market and the vehicles condition. Well, I felt as though I had slightly over-reached on what I did bid and with auction fees, I did not feel comfortable moving my price up to what they were asking. So… it was a “no-sale”.
The following week, I was doing my pre-bidding and noticed that the T-bird was available again. There was even a “Buy It Now” offer on the listing which was more than what they offered me the car for the week before. I put the car on my watch list for the upcoming auction and pre-bid it with a lower number to see what would happen. Well, the car came up and I won it again, but… at about half of what I won it for the week before. “Here we go again”, I thought and completed the auction without giving it too much more thought. I mean, if they wouldn’t sell it to me the week before at a much higher price, what chance did I have this week? Turns out, a great one! I go to my “pending bids” tab after the auction was over hoping that they would lower their reserve to a point that I felt comfortable completing the purchase. I opened the tab and saw that the item (the car) was “Closed”. “Great”, I thought, but wasn’t too disappointed because if we were too far apart before, we were miles apart now. But, as you can guess if you’ve been paying attention, they accepted my bid. I got it for half what I bid on it the prior week and GEICO left a ton of money on the table.
That is a great example of why I love what I do! No, not to rip the insurance companies off, but to get a specialty car into our yard at a price that makes sense… especially for us! That drives business and brings people into the yard. All that said, let’s take a closer look at this car.
The eleventh generation Ford Thunderbird was built from June 5, 2001, to July 1, 2005 in the Wixom, Michigan Assembly Plant and shared its platform and mechanicals with the Lincoln LS and Jaguar S-Type as well as the Jaguar XF, all of which were built on the DEW (or DEW98) platform with a front engine, rear-wheel-drive layout and powered by a 3.9-liter (240 cubic inch) V8 mated to a five-speed automatic transmission.
The car was part of the retro-styling boom of the late 1990’s and early 2000’s with a design intended to invoke memories of the first-generation 1955-1957 T-birds. They were introduced as a concept car in 1999 to replace the tenth-generation Thunderbird that was discontinued in 1997. The production model debuted two years later to critical acclaim, winning Motor Trend’s Car of the Year award for 2002. Despite this auspicious introduction, it struggled in sales after its first year and Ford discontinued production in 2005 after introducing several concept cars to improve it, including the Lincoln MK9. The Thunderbird has failed to find its twelfth generation thus far, and with Ford focusing all its attention on SUV’s and trucks, a successor is unlikely at this point. In total, 68,098 Thunderbirds were produced from 2002 until 2005 with one Special Edition produced each year, namely:
2002: Neiman Marcus Edition with total production of 200 units.
2003: James Bond 007 Edition with total production of 700 units.
2004: Pacific Coast Roadster Edition with 1,000 examples made and,
2005: 50th Anniversary Cashmere Special Edition with 1,500 produced.
As an editorial comment, it seems that as each year passed, each “special edition” became a lot less special.
Decoding the VIN was easy thanks to portholeauthority.com. The VIN decodes as follows:
1 = USA
FA = Thunderbird production line
H = Passenger restraint
P = Passenger car
60 = Normal production Thunderbird
A = Engine – 3.9L EFI-DOHC V8
(9th digit) = Check digit
2 = 2002 model year
Y = Wixom Assembly
Last 6 = Consecutive Unit ORDER NUMBER
Order number is the number assigned to the dealer’s order when Ford RECEIVED the order, not the order that the car was built in. Thus, you will find the order number’s slightly out fo order from the date they were actually built and with other units ordered.
Continuing with the Door Tag,
EXT PNT = Exterior Paint UA = Evening Black
BRK = 4 = 4 Wheel Disc
INT TR = Interior Trim A= Leather, W= Midnight Black
TP/PS = not applicable
R = Radio X= AM/FM Stereo with 6-disc in dash CD Changer
AXLE = 53= 3.58 Conventional
TR = Transmission A= 5-speed automatic (5R55N)
It is not certain what exactly is going to happen with this car yet. It may end up as a “Builder” and be sold complete, or it may be set aside for an upcoming “Fabulous Five” sale. Then again, it may simply be put out as an end-cap car. The car does have some minor right front damage which includes the suspension, but it appears to be an easy fix. It’s up to the store manager what ultimately happens to the car.
So, my fellow readers, have any of you seen an eleventh generation T-bird in any of your local yards? Would you restore it or let it go for parts? I’m really interested in knowing what you all think of this car. Let me know in the comments.