289 V8 Fastback Project: 1965 Ford Mustang

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While the Ford Mustang would begin its domination in the new “pony car” market in the Spring of 1964, it was not until that fall that the fastback body style would go into production. This ’65 fastback has an A-code V8, which means 289 cubic inches, a 4-barrel carburetor, and 225 horsepower. While it can be found in Santee, California, this Mustang needs a complete restoration. The Ford is available here on craigslist for $20,000. Who’s game?

From 1964-66, Ford kept its factories working overtime to produce the hot new Falcon-based Mustang. 1.3 million copies emerged over two full model years, a feat that Detroit has seldom duplicated. Nearly 560,000 units were produced for 1965 alone of which 77,000 would be the sportier new fastback edition. This one would leave the assembly line finished in Wimbledon White, but the color would later be changed to red, which has faded. But what’s with the extra-wide tailights?

The seller must have a sense of humor as this Mustang is described in “like new” condition. It looks like it has been sitting outside for some time, so Mother Nature has had her way. There may be some rust brewing along the lower extremities, but at least the Ford appears to be complete. The odometer reading is 50,000 miles, but it’s conceivable it has turned over.

There is no mention of the car’s running condition or the status of the automatic transmission. It’s a safe bet to assume a rebuild is in order on what we assume is the original drivetrain (if I’m not mistaken, Ford engines were painted red in 1965 and they switched to blue in 1966?). The interior will, of course, need a makeover and serves to house some of the parts. An under-dash air conditioner is present, but it looks to be aftermarket rather than a Ford product.

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Comments

  1. Harry

    If I am not mistaken been on this site before.
    Don’t see any where near 20 k of value then and not now. Good luck with sale.

    Like 8
    • Midway

      This is an 8K project as it sits, 20K put into it would get it in the ballpark of it restored value

      Like 3
      • steve

        I’d say it would take alot more than 20K to get this thing presentable. A good paint job could be close to 20K.

        Like 2
  2. Stanged by Nature

    Someone added the Shelby tail lights.
    If they’re like ones in the past they only usecthe original tail lights hokes and remove.

    Its a high price for work needed. The A code was 4 barrel and 220 hp on later models.

    Drop to real price and it will sale.

    The owner should have cleaned up interior stuff sitting inside to stage better

    GLWS.

    Like 6
  3. Mark F.

    Not worth the price. Even the side of the door above the data plate has rust through. Lots not right about it for a stock restoration. They are not Shelby tail lights either, 65-66 Shelby’s used the same tail lights as standard mustangs. And what is that thing in the center of the lower door overlapping the door panels on each side? Some kind of custom door lights? It is a power steering car which is kinda rare. But that doesn’t add that much value if any. And one speaker cut into the trap door offset to the driver’s side? The rear damage may be worse than just a bent bumper too as the tail lights don’t seem to be sitting at the right angle any more.

    Like 6
  4. A REAL enthusiast

    Ouch. That car sat somewhere moist in the shade for a long time. Possibly a coastal airborne salty rust car. The door jamb and underhood shots show that rust will be EVERYWHERE in every nook and cranny of that car. Very uncharacteristic of a southern California car. Looks more like a back east car that sat in the woods for decades. Maybe somebody out there bought it sight unseen and had no idea what they were getting it, and are now trying to unload it?

    The taillights look like later style Thunderbird tails, not exactly like ‘67 or ‘68 Shelby but closer to ‘68 (which are actually Thunderbird sourced). Either way, a bad look for that car. And that taillight panel is surely dented in with the back bumper being that bent inwards.

    Like 1
  5. AKRunner

    No, the engine should not be red on a V8 car. The 6 cylinder cars had red for the valve cover and air cleaner on a black engine block. The V8 cars had black blocks with gold valve covers and air cleaner except for the HiPo engines or optional dress-up kit which were chrome.

    Like 2
  6. Sam

    Looks like Rally Pacs on the column…they were an option…

    Like 1
    • Obie Obie

      One thing I can say the air conditioning is factory I had a 66 with factory air and it does hang below the dash

      Like 2
      • bobhess bobhessMember

        The two piston compressor is period correct.

        Like 0
      • DA

        Factory AC had round vents, not rectangular.

        Like 1
  7. Dennis Tjaden

    No the 65 289 was painted gold and to blue in 66. The 63 289 was white and had a 5 bolt belhousing they went ti 6 in 64. The 63 260 was red

    Like 2
    • Bunky

      ‘64 was still 5 bolt.

      Like 0
  8. Jackie R. Hollingsworth

    The asking price is crazy.

    Like 0
  9. C Force

    Those tail lights came on the CS cars,which are shelby style.$20k for this?Reading that is good for a laugh….

    Like 0
    • Mark F.

      Wrong on the taillights. For one there was no such thing as a California Special (CS) in 1965, those were 1968 cars. And these are not the taillights from that either, as they used thunderbird taillights with a segmented bezel. The only Shelby with an open bezel similar to that was the 1967, but the lenses were not flat like that, they were more like the lenses in the 1967-68 cougar only with the open bezel

      Like 1
  10. Darren Lyons

    You would have to have rocks in your head to pay 20 k for that pile.

    Like 0

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