Want a Mustang Fastback of 1965 vintage to start on as a project? This model, listed here on ebay, should get you going. It’s sitting at just shy of $17,000 with the reserve not met and the auction scheduled to stretch into the middle of the week, Wednesday evening to be exact. The car rests in Providence, NC, and you’d better act fast. Why? Because the buy-it-now number is given at $21,000. That would suggest that the reserve is clearly within view, and someone’s going to grab this thing.
They’ll get a nicely appointed car. The engine is an A-code, good for some extra horsepower but also adding to the rarity which a Mustang 2+2 of the era already has going for it. The color, shown as black with a red interior, apparently decodes to red-on-red, a stunning combination on a Mustang. Interior photos show an automatic transmission and full console (so no AC). The under-hood shot appears to point to power steering, so this would be a most pleasant car to cruise. Who knows if you’re going to do that on the engine currently in there. Is it the original? Maybe. No claim nor reliable mileage figure is offered. And those of you who have rebuilt engines can answer this: does surface corrosion all over the exterior of an engine indicate what’s been happening inside the block? At the very least, you’re going to have to overcome thirty years of storage on this one.
OK, so what else do we know about condition? The underside of the floors looks a bit crusty-crunchy with rust, and there’s sheet metal damage from corrosion evident in the exterior photos. You also have a rather thorough color change to reverse. Put it this way: this one’s only going to reveal its true self after a trip to the media blaster, and there’s no shortcut that can be taken on that. In fact, it’s hard to decipher the state of the body, because the one shot of a frame rail makes the rail itself look relatively newer than the floor its welded to. Further, the shot inside the trunk makes that area look pretty good—or has it been repaired?
None of that may matter with the end goal in mind and a budget of maybe $30K past the initial investment, because don’t look now, but these fastbacks have taken a leap in the past couple of years, which may be exactly why this one is ending its three-decades as garage art.
You’ll dump 100k into this car to restore it.Like the fast backs but this one is to far gone imo to sink good $ and time into it.It needs everything.
You are exactly right. If money is unimportant, this could become a museum piece.
$100,000.to restore this Mustang?
This is not a Shelby!!!!
Looks like a good candidate for some TLC and future live as a cool daily driver. That’d be my choice.
and not a 4 speed your right
If you have DEEP pockets and can’t live without an iconic pony car go for it. I’m sure it will turn out nice as there are all sorts of parts available, granted the sheet metal is aftermarket and may have dubious fit, but if your willing to work it go for it. I would if I could.
My very first car was my ‘65 Mustang fastback, 2+2, 289 4 speed. It was in ivy green with black interior. Paid $1500. That was in 1968 and If I could find one like it now, I would buy it and restore it.
Wasn’t there another Rustang like this posted here not too long ago? I remember seeing red under the peeling paint in the cowl area. In any event, this looks like a more car: When it seems the rust is gone, suddenly there is more, usually just before or after the paint. Or it just needs more parts than previously thought, requiring more money. In any case, 17K is more than what it is worth.
With the current bid at $21k, it would be a hard-pass for me.
A repaint underside a engine painted Earl Schib Paint job outer and $$ Resale
After looking at pictures of other 65 2+2 mustangs,especially the engine photos i notice something here with this one.There’s blue on the engine and the breather cap which looks later model.I thought the air breather and valve covers should be gold.this engine is not correct as stated?
Hi -po had gold trim ,covers,and air cleaner.Non hi po was factory colors. Blue engine block,and trimmed in the same blue. Hi-po blocks was black.
In 1976 I bought a 65 Mustang fastback a code drove it home paid 50 bucks two days later got off for $300 and sold it LOL I was a GM guy anyways