6-Cylinder 3-Speed: 1965 Ford Mustang

In 1965, if Ford’s assembly plants had been running every day of the week for 365 days, output would have to have been 1,533 units a day. That’s nearly 64 cars per hour. That accounts for 559,451 automobiles – and 1966’s production would top that by eight percent! Other than the 289 V8 models, the most commonly ordered Mustang was the 200 cubic inch inline-6 with a 3-speed manual – just like this one. Located in Fort Mill, South Carolina, this pony car is available here on eBay for $8,000 (Buy It Now price) or you can make an offer. Larry D gets a nod for sending this tip to us!

Two-thirds of Mustang production for 1965 was the “standard” coupe (not the luxury edition). When this one was purchased, it stayed with the original owner for 47 years – who sold it to a family member in 2012, who we believe is the seller. This car would be considered a survivor except that we don’t know if it’s in running condition. This seller mentions it needs work but doesn’t go into details about what that could entail. The body and paint are in decent condition and the interior is even nicer, so if getting it going is the major issue, the buyer could be off to a good start.

If the mileage statement is accurate, this Mustang did not sit on its laurels. Reported as 276,855, the mileage might really be 27,685.5 or 127,685, either one putting a different spin on how much life could be left in this car. Finished in what appears to be Arcadian Blue and possibly the original paint, the body looks sound overall. There may be a little surface rust on the bottom of the driver’s side rear quarter panel and a little dent is in the panel between the taillights. But given a good wax job, you might want to leave the body alone for now.

We’re only treated to one interior photo and all we see going on there is pitting in the chrome horn ring, a split seam in the driver’s seat bottom and probably faded black carpeting. If that’s all there’s wrong in there, those are easy fixes. What we don’t know about is the 120 hp motor and the condition of the tranny. But if neither of them is working properly, they’re simple machinery and it wouldn’t be huge projects to rebuild.

The sticker price on the basic Mustang in 1965 was $2,320. Add to that a few bucks for the AM radio and the extra side trim. Which would add up to less than $20,000 in 2021 dollars. So, you got quite the new little car for the price today of a used econobox. Hagerty says a Mustang like this is worth $7,500 in Fair condition, which is all we can give it since we don’t know if it runs. A car worth checking out.

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  1. George

    8k is about 3k too high. I bought my 68 coupe 2 years ago for $8,500 with fresh paint. Same 6 cylinder and 3 speed setup. Bought it for a coyote I have laying around.

    Like 3
  2. Joe

    Backup lights were optional in 1965.

  3. Chester

    The 200/3 was the best combo IMHO. Plenty of power, good economy, didn’t need HiTest, insurance people didn’t eat you alive, more reliable, plus you were not tempted to do stupid things.

    Like 13
    • Blyndgesser

      Enough power to get you out of trouble but not enough to get you into trouble. A high school friend had a ‘67 with the same powertrain. She and I had a lot of fun in that car…

      Like 5
  4. Matt in L.A.

    My Dad bought one brand new, equipped exactly like this one but white ext with white and black interior. I sat on his lap and drove it when I was 6 or 7. That steering feel is muscle memory I feel when I drive a 65-68 mustang to this day. (Sorry Dad, I’m a solid V-8 guy!)

    Like 6
  5. Christopher Gentry

    Dad had a 65 coupe , 200 6 , 3 speed manual. White with a blue interior. Bought it in 67. He tried V8s. But honestly preferred the over all package of the 6. To this day a white 65 mustang is one of my top five favorite cars. Consider the small list includes a Aston Martin DB -4GT. That’s very high praise

    Like 1
  6. Scott I.

    Had a 65 Black w/red interior, same drive train. Great setup and it had enough to get me around. Kept me out of major trouble.

    Like 1
  7. JoeNYWF64

    I actually find it crazy that the driver’s door mirror was optional in ’65!!
    I had to look at a few ads to be sure – why would Ford not even put ones on these promotional cars? …
    Even this GT-350 does not have one – for almost double the price!
    Nor did my mom’s ’60 comet. I’m surprised Nader did not push for a std driver’s door mirror when he was 18!
    Gotta be very dangerous driving any car w/o such a mirror.
    I would say to the salesman, da hell with the backup lites – gimme a mirror! lol
    Yet on the stang, a padded dash, FULL wheel covers!, carpet & delux steering wheel were all std?!
    Also astounded this daily driver condition car is still wearing bias ply tires – at least on the front!! WHY in heaven’s name!?
    A lot more money than radials today & a lot given up with bias plies.

    Like 1
  8. Kevin

    I like it,even though I’m not a ford guy,but with 1.2 million made in 18 months back then,way too common,I’d rather have something you hardly see even at a big car show.

    Like 1

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