No Reserve Project: 1969 Ford Mustang Mach 1 428 CJ

This 1969 Ford Mustang Mach I project is for sale here on eBay. Originally built with the venerable 428 Cobra Jet engine, the car is located in Muskegon, Michigan. The Mach I is being sold at no reserve but you really need to look at the pictures to see what you are getting and what you are not getting. There are 4 days left in the auction and the current bidding sits at $2,150.

This 428 Cobra Jet Mach I was produced early in 1969 and the engine and transmission are out of the car. A 428 Cobra Jet block comes with the car but the seller is uncertain whether it is original to the car. The 7.0 liter engine was rated at 335 horsepower and 440 lb-ft of torque in 1969. This Mach I has extensive rust throughout several areas of the car.

While the Mach I rolls, it does not have a steering box. The engine block, transmission, and front seats were said to be stored inside. A rusty rear axle with a Ford 9″ rear end is included with the sale. The frame rails are rusted through along with the floorboards and quarters. The seller will include a good hood and trunk lid.

The good news is that this project is being sold at no reserve and will probably sell locally because the car is in such poor state that the frame will not hold up well if it travels a long way. The Mach 1 was first introduced in 1969 and a buyer could select from multiple engine options. This car was awesome at one point but I am not sure it will see the road again.


  1. Grumpy Ivan

    What you’re getting: Front fenders, doors, VIN.

    Like 2
  2. flmikey

    Betcha this was the parts car they used to restore the Mach 1 sitting behind it…

    Like 29
  3. KEVIN

    Oh c’mon – no one really would be dumb enough to buy that would they?

    Like 17
    • Phlathead Phil


      There ARE people that gullible existing in our 🌍 today that are.

      Car has been SEVERLY canabalized then “patched” up with scavenged parts.

      Crusher material. I bet the block that comes with it is useless too.

      Like 3
  4. XMA0891

    I was once with a Mustang-nut friend in a wrecking yard looking at something of a remarkably-similar calibre. My friend’s comment to what the yard’s owner was asking was, “Okay you want $500; but for what?” Thirty years later, the question is just as relevant; the only thing that’s changed is the price.

    Like 6
    • Mark

      The cowl and VIN tag…..

      Like 6
  5. gaspumpchas

    2 for 1 jackpot- rotten and bent. Shame to see in this condition, Good luck and stay safe!

    Like 2
  6. Stangalang

    I saw a show on either TV or internet where these guys would find old cars and trucks and would pull them out of rivers..creeks..ponds and such and I wonder if this was one of those. This poor pony is waaaaay gone maybe a few body panels and a couple of interior pieces. Oh wait that vin tag is worth bout a few grand..stick a fork in it man! This is one I’d be afraid to move onto the rollback 😬

    Like 4
  7. Frozenbird

    What he should have done is cut out the cowl and peel the VIN tag off and sell that. At lest then one could ship it through Fedex because this rust bucket is going to require a new Dynacorn body. The 428 you could strap to a pallet and ship that as well even though it’s likely not numbers matching to the car. Might be better just finding a 428 locally.

    Like 2
  8. Stangman66

    We all know what is going to happen here…this will most likely become a full on re-body vin swap. With a Dynacon body it would be more cost effective unless you already have every piece of metal to rebuild this Mustang. The buyer is buying this R code strictly for that vin code. I would estimate $50-$60 rebuild cost possibly more, my god the metal work alone is probably $25k. Deep pockets needed!

    Like 1
  9. Little_Cars

    All the good ones have been cannibalized, and this is what we are left with, being sold as “projects.” 20-30 years ago this would have be sent to the scrapper and eventually come out as a cabinet of a kitchen appliance.

    Like 2
  10. 1st Gear

    Sorry to see this, cause this is the Ford of my dreams. I’m a Chevy guy,and this breaks my heart. Shameful someone would allow this to happen to such a monster of a car.

    Like 2
  11. Arthur

    If someone has any ideas about putting this car back on the road, they’re going to need the services of a hot rod builder or professional restorer that has a surface plate with jig brackets.

    Like 2
  12. John

    $215 if you deliver it.

  13. Bellingham Fred

    This is a “Hero Car”. It sacrificed itself so that another Mustang could live on. As such we should honor it with a moment of silence, or what ever tribute you may deem appropriate. Then send it to the great beyond, or the scrap pile, where it can get melted down and recycled. Thereby giving of itself once again to provide raw material for future generations of manufactured goods.

    Like 2

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