Hiding in this garage is a 1966 Mustang project car that could be a pretty decent buy. It is essentially complete, and it has had any rust issues addressed. It needs someone with a bit of patience who is willing to add the finishing touches to this classic. Barn Finder Larry D has had his eyes peeled, and I have to say a big thank you to him for spotting the Mustang for us. It is located in Atlanta, Georgia, and has been listed for sale here on eBay. If an affordable project is what your heart desires, this one could be yours with a BIN of $3,750. If that’s a bit rich, there is the option to make an offer.
The owner says that the Mustang has been parked in the garage since its sheet-metal work was completed. He doesn’t elaborate on what repairs were performed, but that suggests that the buyer will be working with a rust-free body. That has to be a relief because it is common for any 1st Generation Mustang restoration to involve plenty of grinding and welding. With the car in its current state, it should be possible to ascertain how well any work has been completed. It will also leave the buyer to choose whether to apply a fresh coat of Candy Apple Red or treat the car to a color change. The seller has purchased most of the parts to complete this project, and these are included in the sale. We can’t see the state of the exterior trim, but the seller says that all of the glass is original.
It isn’t clear whether the 289ci V8 that comes with the Mustang is numbers-matching, but it does need a rebuild. If it is original, it would be a C-Code engine that should produce 200hp when in good health. There is a 3-speed bellhousing, but an automatic transmission goes with the car. When that small-block is rebuilt, the buyer might choose to perform a few upgrades. I mean, 200hp is nice, but a few extra ponies never go astray. A cam change and upgrades to the carburetor and intake would have the 289 breathing better and would liberate a few horses for better performance. It is an option worth considering if the primary focus isn’t on 100% originality.
The owner describes the red vinyl interior trim as serviceable, but that might not be good enough for a discerning buyer. Interior restoration is one of the areas where Mustang project cars come into their own. Interior trim kits remain very affordable, which means that taking an interior to the next level is not an expensive undertaking. If the buyer wanted to create something a bit special, they could choose a Pony Interior Kit. A complete kit can be found for $1,600, and that would have it looking factory fresh. It looks like the Mustang is equipped with air conditioning, so this combination would have it both looking and feeling pretty cool.
I know that we have readers who would not entertain the possibility of finishing a project that they didn’t start themselves, but this 1966 Mustang would seem to be worth a closer look. It will require time and patience to complete, but if it is as rust-free as the owner suggests, it has to be one of the most affordable and promising 1st Generation Mustang projects that we’ve seen here at Barn Finds. This is one of those classics that I hope is bought by one of our readers. I know that we have readers who are more than capable of completing this project to the highest standard, and I’d love to see the finished product.
That dang sure don’t look anything at all like a cheap project.
The extra digit strikes again. He meant $375 right?
I agree with Adam. this is a gem in disguise. It looks rough because its all sanded down and disassembled. But its in great shape. If you know Mustangs, you can see the lack of rust in all the key areas. For less than $4k, somebody is going to get a nice pony at a rare price. Nobody likes buying someone else’s unfinished projects, but this one is still in the stage that you can do just about anything with it, and all the tough work is done.
“all the tough work is done”? Then I’m living in the Twilight Zone!
PS Don’t take my comments personally…. I just call them the way I see them.
A lot of the tough work then. At least its not a rusted out pile of crap for three times as much.
Daniel Gavin…..
Have you done any grinding and welding? No one said it’s a walk in the park but the base is done and ready to go!
whats the price?
Oh ye of little faith , not that hard to finish. Then again I own a shop.
I have to wonder where these guys get there asking prices from. I see cars worth $50.00 to $100.00 value asking for 50 -100 times their actual value, especially since you basically have to start from scratch to restore or actually rebuild these cars. In some cases I have seen cars asking for $10K- $12k that will cost $25k TO $30k to restore! Makes me wonder what they’re drinking or smoking.