Don’t let the dusty and tired exterior fool you because this 1966 Mustang Fastback 2+2 has a lot to offer its next owner. It needs some work, but this car is a rock-solid classic that would make an excellent foundation for a restoration or a custom build. It has been sitting in this shed for 32-years, but the time has come for it to be dragged out and to head off to a new home. Located in Virginia Beach, Virginia, you will find the Mustang listed for sale here on eBay. There has been a solitary bid of $30,000 submitted on the Fastback in what appears to be a No Reserve auction.
The seller has listed the Mustang on behalf of his elderly father, and he admits that the vehicle has been parked in this barn for 32-years. That means that it will take more than a single weekend to return it to a roadworthy state, but it should be well worth the effort. This photo sums up the car’s overall condition. This is a rock-solid classic, with floors and a frame that are remarkably clean and rust-free. There is surface corrosion across a lot of the vehicle, but penetrating rust is limited to a single spot in the driver’s door. The supplied photos are not great, but the panels look like they are very straight. The hood has been replaced at some point, but the remaining steel looks to be original. Most of the external trim looks like it could be restored, while there are no visible signs of problems with the tinted glass.
The Mustang is fitted with a T-Code 200ci 6-cylinder engine that would have produced 120hp in its prime. This six is bolted to a 3-speed automatic transmission, meaning that this is anything but a fast car. The journey down the ¼ mile would have taken a leisurely 19 seconds, which isn’t quick in anyone’s book. The car hasn’t run since it was parked, and the seller admits that he has not attempted to coax it back to life. It isn’t clear whether the engine turns freely, but there is some work ahead for the buyer before it fires a shot in anger. That will raise the question of whether the buyer will even bother to try. Six-cylinder Mustangs are gaining some traction in the classic market, but they are still a long way shy of a V8-equipped car. That makes me think that this is a car that is destined for a transplant. The pressing question will be whether the buyer will choose something period-correct, or whether they will tackle this as a restomod. Both paths have a lot to offer, so it will be interesting to see what you think.
The Fastback’s interior is complete and original, but once again, it will need some work. Before I spent any money, I would definitely get stuck into it with some high-quality cleaning products. You can guarantee that there will be plenty of parts that will need to be replaced. However, a bit of effort early might save the buyer from handing over cash for unnecessary parts. Even if the buyer eventually has to replace everything, this will not be an expensive proposition. That is one of the greatest attractions of 1st Generation Mustangs as project cars. Parts are readily available, and even interior trim kits are affordable.
This Wimbledon White 1966 Mustang Fastback looks tired, but it has managed to hide its strengths exceptionally well. I admit that it is not the cheapest project car that I have ever seen here at Barn Finds, but it is a car where the next owner will not be shelling out thousands to address crippling rust problems. For the person who wants to tackle a “hands-on” project, that makes it an ideal candidate. There’s only been one bid so far, but that will probably change very soon. Are you tempted?
Nice one, Adam! Someone really wants it since that single bid is $2,000 over Hagerty’s #2 excellent condition value.
It’s refreshing to see a barn find early Mustang that isn’t a rusty mess, and is a fastback. So, solid bidding is to be expected. Amazing what some decent storage conditions can do. Lots of ways to go forward with this one.
Not that it matters, but is that a Fox Body-era shifter bezel?
It is more accurate to say that the Fox-body Mustang used the same shifter bezel as every other floor mounted, automatic transmission equipped Ford product that didn’t have a console.
Am I the only one that believes the one solo bidder is “probably” a friend that will have no obligation to buy but starts the bid on the auction and is “probably” the money the seller is hoping to get for the car.
Just saying I’ve heard of such shenanigan’s going on!
I am with you on that one ☝️
A six banger good body four lugger starting at 30 is a stretch.
I will say a great starting point though on non rust.
Good luck on the sell and maybe it will stay original (3%) chance.
Or perhaps it’s a way to get around ” No Reserve ” by getting an OTT 1st bid.
Chandelier Bid. A crudely done one.
Bid is likely a placeholder “bid” by the seller not a real one. 30 grand is what the car will be worth after restoration or restomod. Seems like a lot of six cylinder Mustang fastbacks have been showing up lately. I would restore it to stock but others undoubtedly have some different ideas. But not at this price or anything close.
I have a proposal for you. If you buy one restored or restomod-ed for 30, I’ll immediately give you 35 for it.
Be realistic. If the bid is real someone is buying it as a platform for a resto-mod. That’s it’s sole attraction. Smart builders buy the best body they can find, it pays off in the long run by saving both time and money through out the length of the build.
Steve R
Who would order a beautiful car like this with a six cylinder? V8 probably cost about a couple hundred more. Crazy.
The 289 2bbl upgrade over the base 6cyl cost $81.00.
Steve R
And in 1966 a ” base ” Mustang was only $2,400 and gas was $0.35/gallon.
The Mustang was built off the Falcon platform and most of them were sixes , and they were classified as compact cars, so its not surprising that most Mustangs back then were six cylinders
Most of the ones I saw were 260’s or 289’s….out in Wyoming and Colorado. I was stationed there in the early ’60’s.
I’ve heard by 66 the 289 was getting hard to get. Ford couldn’t produce them fast enough. So the pushed the 200 6. Dad has several. Great little engine
A lot of the early Mustangs came with the factory 6 mostly due to dealer request. Since it was initially marketed as an inexpensive sporty car, sticker price was still a thing. But this being a 66 model could have been a personal order thru a dealer. Reminds me of a lot of these as a kid, mostly owned by women, (Moms, college students, teachers) and of course folks who felt that 25 cents a gallon for gas was just too costly.
But still a bit too much money for the ask to me…
A good body and floors and frame $15,000 enough said Dannys Mustangs
I question that shot of the underside, looks like something has been brushed on the floor pan, I don’t think it’s factory undercoat. I could be wrong, but I’d want to check it out very carefully. I’ve seen this “look” before, and found it to covering holes and/or heavy rust.
In the ebay photos I see a Z-bar still attached to the motor and frame as well as the clutch pedal covered up by the floor mat. The shifter looks like Mustang II or Pinto because of the straight chrome shaft. Original Mustang would have a slight bend in it. Looks like foundation tar coating brushed on to the floorboards. Good luck getting that off. A bit pricey for a project fastback needing a lot of conversion work to be a restomod.
Yeah , maybe it’s because I grew up with 65-66 mustang in the drive. Most of em with a 6 , but I’ve not thought a mustang is a “Muscle car” but a pony car.
She’s a sweet, original find & a Fastback, but $30k 😳 … I’d say low 20s & I would have bid JG
Sold a black over red 289 4spd, pony interior, console, rally pac, A/C car in great solid NON-running fresh out of long tern storage for $30k last year. Went to Argentina. I know where another like this one, white on white, 289, auto, A/C, console car as solid or more solid than this one for $20k, again in 25 year long term storage covered with dust. So $30k is really reaching.
Hey James427, would you clue me in as to where that white on white example for $20K is located? I’ll buy it tomorrow.
He or she is obviously not a serious seller. It need TOTAL restoration. In my experience I’d say 12-14 thousand dollars on top of any negotiated purchase price. And then the total money put into it will far exceed the market value. definitely a labor of love. Not profit.