This Mustang has been with the same owner from new, has traveled from one corner of the country to the next, and was still being driven until 1992. At 104k miles, it was parked in the 81-year-old owner’s barn and that’s where it stayed until recently. While it’s not a high trim level car, this Fastback looks like a promising find. If you’re interested in giving it a new home, you can find it here on eBay in Eads, Tennessee with a current bid of $28k.
The seller states that this is a one-owner car, which isn’t exactly accurate as they count as an owner. We do get a photo of the original owner with the car as it’s being loaded on the trailer. It had to be hard for them to see the car go after being with them for over 50 years. They purchased it new in New York, it moved with them to Southern California, and followed them to Tennesse where it has stayed ever since.
The seller gave the car and bath, which gives us a better look at the car’s actual condition. The seller notes that the car received a respray in the ’80s, but it looks like it was a partial respray. The body looks straight, but there is some rust showing in the door bottoms and fender lips. A look at the underside reveals rusty floors, so this one is going to require a full restoration.
Under the hood, you’ll find a 200 cui inline 6. The seller is still working to get the engine running. These 6-cylinder engines are quite durable, so it shouldn’t be much of an issue getting it going again. They are waiting on a new fuel tank and some other parts. Kudos to the seller for taking the time to do the task of starting it correctly though. Chances are the next owner will install a V8, but for those that want to keep it as original as possible, knowing the engine runs is a huge plus.
The original red interior is present but in need of restoration. The red-on-red color combination is a good one and would look awesome once the car is restored.
Fastback Mustangs are clearly quite sought after, but it’s surprising how high this one is already bid up to given that it’s a 6-cylinder car in need of full restoration. Clearly, someone is determined to have it. If you are hunting for a Candyapple Red Mustang Fastback, this might be an appealing find though, as it does appear to have a lot going for it. So, would you take on this Pony?
The seller wants all the money for this Mustang. Hagerty pegs the car’s value in “fair” condition at about $12K. That someone has actually placed a bid is amazing to me.
Unbelievable that price… I guess there’s a seat for everyone lookin to lighten their wallet…in this case make sure your seat doesn’t hit the ground…
This car will sell… it will probably be a tribute car with all the bells and whistles in the restoration…..
Likely to be reposted for non-payment…
Nope two people have, needs floor pans and other rust addressed, a 200 six car. Must want a red one bad.
Let’s say the bids so far are legit. If so, I’m not particularly surprised. This is what is hot in the world of first gen Mustangs: mostly solid, not abused, fastbacks. Which will most likely be turned into something else, as the seller notes. I would be fine seeing it returned to stock with the six-cylinder, but not too likely that will happen.
I knew that recently the world had gone mad, and the ask price and the current bid just prove it to me. I just don’t get it. Just for a weird comparison, I found 2 nice ‘69 GTO’s that run and drive for 25K. It’s just a ‘67 Mustang…
That car is more than likely destined to become an Eleanor. 67’s are the most sought after for that reason.
Note to self: stop reading the comments section on this site.
What’s your value on this one Eric?
I have no idea, I just know the prices on fastbacks (and now as a direct result, coupes as well) has gotten out of control and that cars are worth whatever someone is willing to pay. I’ll be shocked and not shocked at whatever it sells for. There have been other fastbacks featured here that have crashed into buildings and fetched close to this. That’s assuming everything is legit on flea bay. A one owner, 6 cylinder fastback is rare gold. And it’s not in THAT bad of condition.
Hagerty clearly needs to update their pricing to reflect the market. Clearly some people just aren’t Mustang fans or understand the current (ridiculous) market. Original, clean survivor Broncos are selling for 50-100. I think that’s insanity of course, but what’s the point in me saying, “these people are nuts, this is only worth 10 grand!”
“I can’t believe someone would pay this! I’m outraged! You see, back in 1981 I bought a similar car for only $800, and I have no concept of inflation or economics or that things become scarce and collectable after 40 years!”
; )
Exactly! I looked at a fastback in great condition, with a 390, for $788 on a dealer’s lot. Oh, wait, that was in 1973..
Wow. Strong price for that car. Proves Fastbacks are still gold. Sold a highly optioned 1966 Black with Red deluxe interior 4spd 289 not running in decent shape for $30k last year. Supply is still outpaced by demand.
So who is the seller here, the 81 yr old or the guy who stole it from him? Ad has the “I just got this but I still call it a one-owner” look.
Yes, and the article consistently refers to the seller as “they” and “them”, so how many sellers are there?
The Seller is a flipper. I have been out to that property and bought a car from these people. They said it ran when I bought it off eBay. It had a lawnmower battery lug sort of banged on top of the terminal. It kept popping loose as I tried to drive it onto my car trailer. The description on the car I bought was very vague and misleading. Leading me to think from the pics I did see that I was getting a better car than I actually got. That Mustang is not going to worth what it is bid up to.
$28K????? nope…nope and nope….beside the body work , paint, all new wiring, all new interior that will need to be done..gauges..any updates that will obviously happen..you just don’t drop an 8 where a six used to be….all new drive train.brakes…steering…..your $over 50k if you can do the work your yourself…….but….the market is what the market will pay….
30 years ago I had the chance to buy a similar 68 fastback. It was being sold by a transferring sailor who didn’t think it was worth it to tow this low line ‘Stang cross country. It was licensed, and a decent driver for a 25 year old car. The price? Less than $3,000. But then, it was dark blue on black, not “resale red”.
I never understood the appeal. Mustangs are flimsy and generally cheap in my opinion. Sorry not trying to offend any of you fans.
Actually Tim, you are right, we have a 67 Mustang Convertible, no comparison to the 69 Firebird convertible we had for a long time. They are flimsy and cheap, but…
No, as the time of your comment it’s at 30 grand. Which “guy”? It would take more than one to bid it to this price.
I asked $40 for a car one time and the guy asked me would I take $75? I told him I sure would and he paid me $75 . When it comes down to it. Their is alot of stupid people out their. You hear about them all the time. As long as they are stupid people–they will pay outrageous prices for anything. Most people that pay big prices. Got their money the easy way-inherited it or compensated alot and want to act like they are wealthy and never had anything before.That car may have sold for $2,800 new. It needs about everything to bring the car back in that condition. That takes alot of money in parts and labor.
Btw, am I the only one who gets legit depressed when seeing photos of the original owner with their car being taken away? It’s a sad day when we reach that point to see our baby’s go, even if they have been stashed away, not driven for years. On top of that, he probably got taken for one last ride by another swindling snake with a trailer : (
Tough to say. Everyone has the internet, most have seen American Pickers. But in my hobby, there are those who make a living by clearing out ham and CB radio collections and reselling them. The family just wants it all gone so that the house can be put on the market and doesn’t want to have to deal with selling it piece by piece.
With a flipper selling it, it may not even be the owner, it could be the flippers father, or just some nosy neighbor. They like to post a picture of an older person with the car to seem like it was babied all those years before it was parked, and the photo with the old guy in front of the car is his “proof” . Whenever a seller posts a picture like that , alarm bells go off in my head
Back in the early 70’s a friend’s dad had a red ’65 Fastback. He passed away and I have no idea where the car went. It’s the only Fastback I’ve ever seen and…..I love those cars! We had a ’66 coupe, 289 w/3 speed stick. It went okay and was a decent car. Think my Dad paid $600 for it in 1972 and gave it to my sister. Yeah, all Iowa farm kids are a natural at driving a stick shift. She sold it in ’76 and the new owner totaled it within a week.
This “Candyapple Red” Stang has a blue engine bay. I smell a color change at some point in this car’s life, yet it is represented as the factory color.
That’s the factory Ford semi-flat black that aged gray and maybe sort of blue from the combination of camera lense and lighting.
For the love of man!!!! Please stop turning these lovely fast backs into Elenors!!!
Looks like a good car to restore . I see 18-20k here . However ,
“One mans garbage, is another mans gold” Good luck to the new owner
Glad some else pointed out that blue engine bay. And if the car used to be blue , I don’t think a red interior would have been an option , so I guess the interior was changed too ?? Or did Ford do black engine bays in 67 and it’s just faded or the camera light make it appear blue ?
Always black….
ALWAYS!
The engine compartment is black. It’s black. All of them were black. As were a lot of cars of the era. It’s faded and the photo is just making it look that way. The Marti report is shown in the listing which shows candyapple as it’s color. I told myself to stop reading the comments, yet I keep coming back for more.
Haha. Ok. I stand corrected. Thank you. I find the comments and bickering to be rather entertaining.
THE BOMB WILL DROP. In other words, the day will come when prices drop and the people who had to borrow or go broke to buy a $30.000 dollar 6 cylinder barn find 67, 68 Fastback will regret buying one. The rich folks will simply put their overpriced asback to the side or sell it at a loss. I have a fresh 428CJ that would look great in this red beauty but at these price hikes, I’m out, I mean, I do have the cash but it will squeeze me to do so. It’s still just a car…
As the years go buy these cars will be harder to come by and the prices will not drop like a bomb….the crappy ones will cost more and to be honest any american muscle cars will keep their value or go up…
The seller bought it for $1000.00 looking for a clean $27.000 thousand dollar profit and its 90% to 95% rust-free southern car, Ya, ok…It was purchased from one of the few Kerner Ford dealers where a friend slipped in my built 1968 Mercury Cougar for a full 1976 Corvette canary yellow paint job. Miss the Cougar and remember Cougars never had a 6 cylinder option.
Crazy $$ for this …….you have rocks in your head to pay what this 6 banger is bidding at.
Jason…….we have officially enter the Twilight Zone with “classic” car prices.
It’s getting utterly insane…..I honestly think the bottom is going to fall out soon.
Another insane valuation for this type of car. It’s clear from the pics the read drivers quarter panel has been wrecked – the color is wrong, and the swoosh around the pseudo vent is completely distorted, indicating a really bad bondo job.
Got a 67 that I paid 350 bucks for as a roller 40 years ago. Now in a complete rehab. Going to have 40k in it but it’s going to be a sweet ride. No way is this car worth 30k!!
Not that far back, my friend sold his wife’s 67, Green fastback ,V-8, black bucket seats, Mustang, California plate, and solid, to a kid down the street for $400. The kid painted it orange and trashed it. Cry.
Jason, about 2005
Wow ! Gave it away. I was a teenager in the 80s. I couldn’t find a running driving 1st gen mustang of any type for less than 2 grand back then. Which might has well been 200 grand to me.