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Rally Potential: 1965 Mustang Fastback

1965 Mustang 2+2

I have an aversion, no, an allergy to rust. I can deal with it, but everytime I see a classic I really like that has the stuff, I feel like I’m going to break out in hives. In most situations, I will walk away from a car because of the stuff. Everyone once in awhile though, I see a car I want so badly that I could actually overlook any rust related shortcomings just to have it. This 1965 Mustang Fastback might just be one of those cars. So if rust makes you sick too, pop an allergy pill and have a look at this Pony here on eBay in Chaptico, Maryland.

1965 Mustang 2+2 Engine

For as long as I can remember, I’ve loved the looks of the early Mustang Fastbacks. I like coupes too, especially because of their lower prices, but there is just something special about the fastback. It doesn’t matter what color the paint is, what engine it has or if the transmission is a manual or an automatic, these cars are just cool any way you slice them! This one does have the 289 V8, a nice plus, but it is an automatic equipped car. It has the Rally Pack option though, so that should help to make it a joy to drive!

1965 Mustang 2+2 Interior

Now let’s get to what is really holding me back from being a bidder on this one, rust and body damage! I’m sure you have already noticed all the rust issues, which will certainly make this an expensive and time consuming restoration, but that isn’t the car’s only problem (I could probably deal with the rust if that were the only issue). The seller claims early on in this car’s life, it was in an accident and had the rear end rebuilt. Well, I don’t think the shop did a very good job fixing the issue or someone got a little too crazy when they were pulling it out of the barn, because the whole back end got ripped off as the car was being towed out of the barn.

1965 Mustang Fastback

Everything is available to restore these cars, so it won’t be hard to get all new pieces to make it look right. It isn’t going to be cheap to fix though and I’m worried about what kind of accident damage might be hiding underneath the car. I would definitely want to see this one in person before bidding. If you are skilled at body work, this one might be a great buy though as bidding is pretty reasonable at $4k, as of writing at least. If you can do the work yourself, you could end up having a sweet fastback without all the outlay of an already restored example. That’s a lot of if’s though, so I think I will wait for one a little closer to me that doesn’t have crash damage. How about you?


  1. Robert White

    Crush it with extreme prejudice like it was Colonel Kurtz and then call in the coordinates to clean the place up.

    PBR Streetgang this is Almighty, over?
    PBR Streetgang this is Almighty, over?

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    • Francisco

      Totally beyond the pale of any acceptable human conduct.

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      • Robert White

        oh the horror, the horror!


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    • Jim

      LMAO, great! Haven’t heard that in a long time, good flick.

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  2. piper62j

    Nahh!! As much as I like Mustangs,,, I’ll pass on this one.. Sad :(

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  3. grant

    $5500 as of now. Sad but I think this is a parts car, and an overpriced one at that.

    Like 1
  4. erikj

    WoW what a mess, I love these and I,m not shy to pickup one that got SOME rust but that’s bad parts only for some one ,not me though.

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  5. JW

    The poster child for the term “Rustang”, pull the drivetrain say a prayer then bury the remains.

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  6. crazydave

    If it was a 67/8 fastback with 390 4 spd, then maybe………
    (or even better yet, a ’69 Mach One)

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    • Shayne Jenkins

      The 69 Machs just dont bring the money like the earlier years. Unless they have the big blocks.

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  7. Charles

    WHOA!!!! Rust bucket! With the price of Mustang parts, why bother investing $$$$$$$$$$$ for even parts. If you are serious about purchasing a Mustang, go to eBay/Hemmings, etc. and look at the numerous 1964-1966 models for sale! Why waste time and money on a unrestorable Mustang?

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  8. C brand

    How can you rip off the rearend? Will take some DEEP pockets to get her back on the road. What a shame. I just dont understand some people.

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  9. Jim

    You’ll think I’m nuts but it’s a Mustang, personally I’d stop by 5k but I’ll bet coffee(Dunkin Donuts) that someone pays 10k for it.

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  10. Gnrdude

    Sad thing is this Is An Original K-code car, But you had Better Know A good welder to take this one On.

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    • S.Brodie

      This is an A code car not the super valuable K engine code car. As I write this it is now close to $6000 way to much for the vehicle identification data presented as that’s about all you get for the money.

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  11. Jim

    Everyone may think I’m nuts but I’ve been looking at the pictures again. The back didn’t get torn off, someone cut it off, probably to make garage art, I made one for a friend from a ’69 he parted out. I’ve some made into shelves but this is only the back 8″ of the body, just enough. Knuckleheads

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  12. piper62j

    This is sick… All it appears to be is fodder for the crusher after being stripped for parts.. Go Figgaahh!!!!

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  13. Jim

    I hate to see potentially cool cars get trashed but will need someone with the skills and the time. I don’t believe it’s valuable enough to pay a shop to restore it. You can buy a nicer project or even a driver for a tenth or less of what this would cost at $95 per hour plus the markup on materials. Wow

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  14. Shayne Jenkins

    I dont see these cars really ever being trashed. A good trading buddy i have would pay good money for a fastback even in this condition because he does the fastback conversions. Repairing a fastback even in this condition saves a lot of time and money vs buying a coupe and converting. Plus you have the fastback vin. So to a guy like me without the tools and knowledge, it looks like a mess. But theres always someone with the time, money and or skill to take it on and still come out ahead.

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  15. piper62j

    Dynacon has complete bodies, ready to finish and fit for about 15k. Just swap out the interior, shell and drive train parts.. I wouldn’t spend the time or money re-habing this car.. I’m sure there are shops out there with full crews of technicians that could turn this one around, but by the time you pay them for labor, the value just doesn’t seem to be there.. IMHO

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  16. Keith

    Went for $8600. It’s cool that it has the Rallye Pak and stuff but you can bet it doesn’t work, you won’t be able to fix it, and end up buying a new one. With this car, everything will be like that: you need to redo EVERYTHING and I mean EVERYTHING. I don’t see one original piece on this car that can be used other than the VIN tag. Sucks living on the East Coast….

    Like 0

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