This 1965 Mustang GT was a father-and-son project, but tragically, the father has passed away. The son has decided that he has taken its restoration as far as he wants to and is looking for someone who will appreciate what has been a labor of love. The GT appears to be rust-free, and with an A-Code 289 under the hood, it offers a great combination of lively performance and good looks. If you think that this is too tempting to resist, you will find the Mustang located in Forest Lake, Minnesota, and listed for sale here on eBay. The bidding has been frantic and has pushed the price beyond its reserve to $35,100.

When you examine the photos closely, there’s a lot to like about this Caspian Blue Mustang. The owner and his father purchased the vehicle partially restored, and it seems that they picked up where the previous owner, who was only the car’s second, left off. The paint has a beautiful depth of color and shine, with no visible flaws or problems. Ford offered some pretty nice colors on the 1st Generation Mustangs, but Caspian Blue has to rate as one of the best. It accentuates the Mustang’s swooping lines, especially in Fastback form, and adds a touch of class to what is a performance classic. The panels are as straight as an arrow, and it looks like someone has put a fair amount of time and effort into ensuring that the gaps are as tight and consistent as possible. For potential buyers, the question of rust leads us to more good news. It appears that the GT is rust-free, with the photos of its underside looking particularly clean. The exterior chrome and the wheels shine just as impressively as the paint, while there are no visible problems with the glass.

It isn’t clear whether the Mustang is numbers-matching, but one thing is for sure: it is pretty nicely equipped. The buyer will find the engine bay occupied by an A-Code 289ci V8 that would be producing 225hp. The power from this sweet little V8 is sent to the rear wheels via a 4-speed manual transmission, while the owner has also equipped the GT with a dual-circuit master cylinder and power steering to take the hard labor out of the driving experience. This combination ranked at around the middle of the Mustang range when it came to the question of performance. It should be capable of covering the ¼ mile in around 15.4 seconds before finding its way to 125mph. The engine bay presents well for a vehicle of this age, and thankfully, it doesn’t flatter to deceive. The seller says that the previous owner rebuilt the engine and that he has recently had the motor and transmission checked thoroughly by a mechanic. He says that the Fastback runs and drives extremely well, which means that the open road is beckoning this classic.

It appears that this father-and-son team was tackling this restoration as a total package, and the interior doesn’t let the side down. All of the upholstered surfaces look perfect, while I believe that the carpet and dash pad might be new. The owner has added a wood-rimmed wheel and a Hurst shifter, but otherwise, he has tried to retain the interior in its original form. This extended to searching for a good factory radio to slot into the dash instead of taking the easy path of fitting something aftermarket. Otherwise, the dash itself is in excellent order, while the same is true of the console. There are a couple of tiny matters for the buyer to tackle. The air conditioning system is complete, and everything seems to operate as it should. However, there is no belt on the compressor, indicating a lack of refrigerant or a potential issue with the compressor itself. The GT also features the oh-so-cool Rally-Pac gauges, and while the tach functions as it should, the clock isn’t working. It could be something as simple as a small electrical gremlin, and it should be worth investigating to get things working correctly once again.

When you look at what is on offer with this 1965 Mustang GT Fastback, it’s easy to see why the bidding has been so intense to this point. It is a rust-free 1st Generation Mustang that presents well, and its mechanical specifications are icing on the cake for potential buyers. The 1965 model year was a banner one for Ford when it came to the question of Mustang sales, and they remain just as popular today as they did when this car was new. I hope that someone buys this Fastback and adds the final few touches to bring this father-and-son project to completion. The car deserves it, and it would be a fitting way to honor the memory of the owner’s father. Do we have any readers who might consider joining the bidding on this one?