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$5k Fastback: 1965 Ford Mustang

5k Fastback

If you are into Mustangs then you know that the fastback is the body style to have. I have nothing against the notchback, but the sleek shape of the fastback is hard to beat. That fact can make it challenging to find an affordable fastback project. Chuck F may have found one for us though! The seller of this project claims it’s a V8/automatic car without any major body damage. They arent sure if it’s worth their asking price, but they aren’t too worried if it sells or not. The car is located in Perdido, Florida and is listed here on craigslist for $5,000. So, do you think this fastback will sell fast?


  1. Mike

    Man what a mess!!! I think I would pass!!!

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  2. JW

    If he’s not sure what it’s worth and wants it gone all he has to do is put it on ebay with a 5K reserve then he will find out what the market will pay for it. Yes I would also pass.

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  3. motoring mo

    No, it will not.

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  4. hhaleblian

    Seller doesn’t need a ebay auction with a reserve. Seller needs a couple hours on a shrink’s couch to deal with commitment issues.

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  5. piper62j

    The car is worth restoring, but not at the sellers price. Too much work to do on it. The short block is fine, but what happened to the original engine? Seems the seller does have commitment issues thinking he has a gold mine sitting in his garage..

    Great car, good find, bad price..

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  6. Chuck Foster Chuck F

    This is the definition of a barn find, I think this one will sell fast, very desirable car that doesn’t appear to be rotted out, seller says it’s been stored 35 years, oh wait, it has 2 rust holes, oh my, what a POS, that guy is crazy! OK, here’s a challenge, find another 65-68 Fastback in the same shape for less $, or one in better shape for $5,000, I’ll be waiting to see it featured here on BarnFinds.

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    • Mitch

      I agree. Not to put anyone down but it seems like very few people have actually done a real restoration. It seems like people crap on every car posted on here that needs any work at all. Being in the north east, extensive metal replacement is almost a given. When it comes to mustangs, if it doesn’t need frame rail repair, then it is a fairly solid car. As far as the price goes, just do a completed auction search on ebay. I have been watching 65-66 fb’s for a while and they bring all the money. One recently sold for just under $4k that needed very extensive reconstruction including front and rear rails. A solid car that needs little body work will bring a bare minimum of $10k regardless of how bad the mechanical condition is.

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  7. Dolphin Member

    Listing removed. Sold already.

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  8. The Chucker

    A Dynacorn body alone is $18,500 plus freight. I agree with Chuck F (namesake notwithstanding) that there is (was) meat on the bone here. Looks like someone else thought so too.

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  9. Chuck Foster Chuck F

    Man, I’m glad that sold, wife would have been really PO’d if I’d gone and got it, was very tempting. She does like Fastbacks though, we had a 66 for a while. (at a buddy’s, he finished his 67 Shelby clone, and wants to give it away for $35k.)

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    • Dolphin Member

      My Mustang regret is that I passed on a really well done black ’66 Shelby Hertz clone about 3 years ago that was on Ebay with lots of great photos and even a good long video showing it driving down the road and sounding real solid.

      I was sitting there at the end of the auction, ready, but didn’t pull the trigger. It was about 1500 miles away. I should have just bought it and had it shipped. Now a good ’66 Hertz clone like that would probably cost close to the number you mention above, which is about $20K more than I could have bought that Hertz clone for.

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  10. Walter Joy

    My granddad had one brand new. He said he ordered it right after the fastback was announced. 289 4 speed (not a K-code). Red with black interior.

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  11. GOPAR

    Most of us here are old enough that we remember driving these Mustangs when they were new. They weren’t all that impressive then, and I doubt they’ve improved much with age. They were everywhere. Everybody and his first cousin owned at least one. You could go down to the local Ford dealership, pick one out in your favorite color, and drive it home for around three grand. Now you can’t even get a rust bucket for that. By the time you make the initial investment on a “project car”, buy a boat-load of sheet metal, trim pieces, and enough mechanicals to get the thing road worthy, you’re in the hole already by several thousand bucks, and then there’s the paint job and interior to consider. By now you’re drowning in debt that will almost certainly never be recovered. Then you wake up screaming, hoping it was all a bad dream, but the darn thing is still sitting there, taking up your garage space.
    I said all that to say this: I’ve learned by much experience to carefully pick your project car, one that every else doesn’t have (maybe an orphan brand [AMC, Studebaker,Packard, etc.]) or even a less known variety of a well known brand. These cars are beginning to find their niche, so it won’t be money wasted. Find one from down south or out west where the climate has been a little kinder to it. Make sure it doesn’t have an over-abundance of doors on it. Spend a little extra cash out of the chute to find one that’s complete, maybe even driveable. Fix it to your liking, hang on to it (driving it occasionally, not just letting it sit), then fix on it some more as you go. It may not look like much at first, but that thumbs up you get from some passerby will keep your creative drive engaged, and since it’s not a Mustang, Camaro, a tri-five Chevy or some other traditional fare, you’ll know you’ve reached your objective when someone comes up to you at a car show and asks, “Hey man, that’s really cool. What is it?” Are ya hearin’ me, my brother? Dare to color outside the lines. It can turn out to be fine art!

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    • Keith

      Gopar I would have to agree with you….IF one’s objective isn’t to make money on the restoration. Having been restoring cars for years and starting off with cars I liked (Hudsons, Imperials, the odd balls and rarities) this is what I learned: while the oddballs and rarities are still my favorites, you will not make money on those cars. Why? 1) parts are hard to find and when you do the seller knows they are hard to find and wants a fortune for them. Easy example: grille for my 66 New Yorker: $300…that’s just the grille piece not the whole thing and took a long time to find a good one. grille for my 67 Mustang (full grille, corral, wings, etc: $320 for the repro which is nicer than the original). So now, if I want to make money on a resto I do a boring Mustang or a truck. Why? parts are easy to find, cheap, and they are popular and easy to sell because there’s a huge “me too” mentality out there. My personal cars that I like? 58 Olds, Hudsons, any Imperial from any era…you get the idea. I used to roll a 76 Granada ESS (European Sort Sedan) to car shows and have way more fun with that than any of the “standard” cars. So I agree with you that for your own personal stuff—get what you like and do it the way you want!

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  12. AMX Brian

    This posting has been deleted by its author.

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