Few classics hold the universal appeal of a first-generation Ford Mustang, and this 1966 coupe project just listed here on eBay is a perfect example of why. It’s a true barn find that was stored indoors for the past 38 years, giving it a fighting chance to become either a faithful restoration or a creative restomod. Priced at $4,900 (or best offer), this red-over-red coupe offers an affordable entry point into Mustang ownership at a time when early cars are becoming harder to find at reasonable prices. Thanks for the tip Mitchell G.!
The car retains its factory 200-cubic-inch inline-six backed by a manual transmission, a drivetrain combination that made these early Mustangs approachable for a wide audience when new. While many collectors chase the high-horsepower V8s, the six-cylinder cars have a charm all their own—and they also provide a solid base for anyone looking to upgrade later. The seller notes that the engine is original, though the car hasn’t run in decades and will need a full mechanical refresh before it turns a wheel again.
The body shows typical Mustang rust in places, but the frame is reported to be solid. That’s key, since rust repair can often make or break a project’s viability. This particular coupe still wears its original red paint, now weathered by age, and the interior appears complete in matching red as well. Some TLC will be required inside and out, but the bones look to be present. The odometer shows an eye-popping 645,948 miles, though that’s more likely a placeholder or error after years in storage rather than an accurate figure.
Paperwork-wise, the car does not come with a title, but it will be sold with a bill of sale and DMV statement of ownership for non-titled vehicles, making it possible for the next owner to obtain proper documentation. This is something any prospective buyer will want to confirm with their local DMV before bidding.
Overall, this Mustang is being sold as a project, but the potential is undeniable. With first-generation coupes rising steadily in value, even six-cylinder examples like this one are worth saving. Whether restored back to factory stock, converted to a V8 restomod, or left with its inline-six for budget-friendly cruising, it represents an exciting opportunity to get into Mustang ownership without breaking the bank.
Would you keep this ’66 Mustang close to original with its six-cylinder engine, or would you turn it into a V8-powered restomod?
Twenty+ years on the road near Buffalo with no clear pictures of rust prone areas and appears to have been largely disassembled for paint and body work with no mention of what parts come with it. A coupe that needs full restoration with a purchase price of $4,900 even if it were a V8 would be a stretch.
First generation coupes have been stagnant for years. By the time someone buys this, replaces whatever is missing or worn out, then does the paint and body they would likely have been better off had they kept looking for a better starting point. The market is soft, it’s heading into winter, this is the time potential buyers should be chasing every lead, but very selective on what they spend their money on.
Steve R
The seller can’t expect to sell a car with no pictures, and just a babbling description. I’d guess he just wants to see what response he gets while keeping it to restore later. Good luck!
not buying the mileage claim
No effort, no pictures, no list of parts = No Sale! (At least from me) I agree with the driving in winter in the rust belt consern. I may someday do an early Mustang if the time and quality warrant pulling the trigger. My wife keeps hinting about an early Mustang. But she still prefers trucks.
Terrible pictures. Sellers would be well advised to secure titles before considering a sale. A missing title is a show-stopper for prudent buyers. Finally, a vehicle in partial disassembly needing a lot of body and paint work that hasn’t run in years and has no keys is not very desirable.