Abandoned and forgotten cars in America have become common, and often are passed on for fair money like this 1967 Ford Mustang. Simplistic and basic, this Mustang could be a great hot rod project for the $500 asking price. Check out this pony here on craigslist out of Newfield, Maine. Thanks to reader AMXBrian for sharing this Pony project.
Although equipped with a basic inline 6 with an automatic, this pony could easily be swapped and transformed into something a little more exciting. The engine is relatively complete, but the condition is unknown. The engine compartment has some visible surface rust, and there is some rot below the battery tray area. I would imagine that the brake, fuel, and electrical systems could use some help.
Inside you will see that the carpet still resides in its place as do the seats and dash. There looks to be some green algae, mold, or small vegetation growing in the passenger floor board. With that being said, the door jambs appear solid on this car, and the interior will certainly need attention.
Being a Maine car can be a bit scary, but I will say I do not see any exterior rot on this Mustang. There is some mild surface rust to be found on top of the body, and there is some rust to be seen around the rear wheel arches as well. Hidden from view, the rockers and lower quarters could have some issues, but who knows. Some rust can be found in the trunk, but again, I see no rot. I would imagine that the floors need some work, but what unrestored classic doesn’t? Would you give this $500 Mustang a chance?
I would give it a chance to become a washing machine, refrigerator, or a toolbox.
I was thinking Kia 😏
I am sure that engine will turn over after ten years if rain down the carb
The bottom will be a rustang with torque boxes and rails underneath .
The good thing it’s dirt cheap if you can weld .
This one is ready to become soup cans
I would suggest, sadly, that the underside of this particular example may have lost its battle with the dreaded tin-worm.
A buddy of mine had one of these (six-banger/automatic) when we were in high school. Dubbed ‘the Screaming Yellow Zonker’ (after the snack food of the same name), it was one of the most gutless, yet comfortable, cruisers a couple of young fellas could chase young women in.
…He realised just how slow the Mustang was when he replaced it with a ’60 Rambler Classic sedan (his step-mother took over the ‘Stang), which was noticeably quicker going up freeway onramps..! LOL
My ol’ bud’ still has fond memories of the Zonker – fun times…
As much as I hate to say it he may have $500 worth of Ford parts there such as glass / bumpers (need rechroming ) / grill / maybe even the engine if it’s not stuck. I found out the hard way if you can get original Ford parts even if they need refurbishing they are better than most aftermarket parts. Just my experience doing 2 complete Mustangs.
$500..that’s worth buying and using for something ..$501 is too much offer $300
Rustang!
Suffering from P.M.S. (Previously Mudded Syndrome).
I don’t know how everyone is making such a quick negative judgement. I’m not seeing any pics in the Craigslist listing that look like major rot. I would have to see better side pics to make a judgement. I’ve seen far worse and think this is restorable and a good price. Inside the trunk the quarters look pretty good, the decklid, hood, top of fenders and taillight panel look really good as well. I’d go look at it, but Maine is way too far away.
Are you guys seeing something I am not?
I don’t see rust on it. The car looks pretty solid.
We don’t know if the underside is rusted.
I have bought and currently own much worse.
You can buy everything you need from a catalog for this car so it is a worthwhile project.
There’s no reason to do this to yourself. Spend a bit more money and get something better.
I don’t see what you are all talking about. This Mustang looks pretty good, especially for $500. Although there are no good pics of the sides, the pics in the listing show trunk shots where the quarters don’t look rusted at all. The taillight panel looks excellent, no deck lid rot, tops of fenders look good. If it wasn’t so far from Maine to Michigan I would snatch that thing up.
given enough time and money any thing can be saved , but what end . I have a friend doing over a 66 Mustang convertible as we speak and its in much worse condition , surprised at the replacement parts he is able to get ie frame sections, wheel wells trunk pan, etc .
Who says the car has to be restored to perfect condition?
This car can be put back on the road without too much problem.
The drive train should be gone through and the interior cleaned up and drive it.
This car is a cheap way for somebody to experience an old Mustang.
$500 may not be unreasonable. If you can’t get it cleaned up you can part out and more than double your money. That rot under the battery tray looks more like it is through the shock tower, but the other side looks good.
Definitely not for the weak of heart though.
I think the distance is a bigger problem then the repairs.
There aren’t a lot of people that will spend thousands on transporting a $500 car.
I see some good parts on this car, and while I can’t account for the conditions of the floor, the body looks to have mostly surface rust. It has some good options on it such as the hood louvers, pop-open gas cap, padded lower dash. Perhaps it was a Sprint model. I also like that the AM radio is still in the dash. If this weren’t completely across the country from me, I’d be taking a look. for $500, I don’t think the Mrs. would mind too much, other than having another eyesore in the garage -easily solved with a car cover :).
If you don’t find extensive rust then this car could be a good buy. The problem is that it is “just” a six banger coupe, not worth a lot even in good driver condition. A few years back I fixed up a 1970 coupe and after spending several thousands of dollars had a good running car. It was the prospect of investing another ten grand (or more) worth of paint, bodywork and mechanical upgrades that made me lose my enthusiasm. These are okay cars, but need a lot of upgrading to have a car that you will be satisfied owning.
Remember this you guys, cars are money pits rarely are they a good investment. If you want to invest put your money somewhere else. If you want a vintage mustang then this might be a good starting point. I said this before some guys are in this hobby because the like to build cars, if your that guy then this might be for you. This is never going to be a good investment. So stop think of it in those terms.
True. No one who is looking at this car from an investment side would spend 5 seconds on it. First of all it’s a T code straight 6, and is neither a convertible nor a fastback.
Personally, I like straight 6 Mustangs and have restored 2 of them. But for $1500 or so more than the asking price of this, you can get a straight 6 Mustang running, driving, and in better shape. While the body may look ok on this one, having lived in Maine, I can almost guarantee it’s going to have problems….a lot of problems….with rust.
However, if for some reason this car is someone a person wants, I don’t get all the bellyaching about “transport costs”. I regularly have F250’s transported across country for around $1400. A little 67 Mustang from Maine to the midwest? You’re probably looking at around $600-$800.
The 6 cylinders engines are more durable then the 289 V8’s if you just want to Cruise….great in a convertible? I like all early mustangs and hate to see any go back to the earth!!
Although I think all mustang II’s should just be crushed!!