This 1968 Ford Mustang Fastback is an exceptionally tidy vehicle that would seem ideal for enthusiasts seeking a high-end driver. From its sparkling paint to its spotless interior and numbers-matching V8, there’s much to like about this beauty. However, what makes it unusual is its location, because this Mustang has found its way Down Under. That makes it worth more than a passing glance to our Australian readers. The seller has listed the Fastback here on eBay in Alfords Point, New South Wales, Australia. They set their BIN at A$112,000 OBO. That might sound like a pretty high figure to most readers, but, at the current exchange rate, it equates to approximately US$79,700.
There is a widely held belief that Ford never marketed the First Generation Mustang Down Under. It launched its new XR Falcon range in 1966, the first featuring a V8 under the hood. It marketed its latest model as “Mustang-bred,” importing approximately 209 Mustangs to sell alongside the Falcon. The sticking point was the price. Ford Australia was obliged to convert each car to right-hand drive to comply with local regulations. That wasn’t a problem, because it produced the required parts for its Falcon, which made the cost fairly low. However, the Australian car industry was heavily tariff-protected during that period. Suddenly, a car that was affordable in North America became a premium model, with a corresponding price tag Down Under. Therefore, almost every First Generation Mustang seen in Australia is privately imported. This ’68 Fastback is no exception, and man, is it a beauty! The seller confirms that it is freshly restored, and its presentation is seemingly flawless. Its Sunlit Gold paint has a mirror-like shine, cloaking laser-straight panels. The underside shots confirm the rust-free status, and I would expect nothing less given the car’s recent history. The trim and glass look excellent, and the Fastback rolls on period-correct Magnum 500 wheels.
Decoding the VIN confirms that the first owner ordered this Mustang with a C-Code 289ci V8. The car also features a four-speed manual transmission and power steering. The C-Code generated 195hp and 288 ft/lbs of torque, but this numbers-matching classic may deliver more. The seller upgraded the induction system with a Holley 600cfm Double-Pumper carburetor atop an Edelbrock aluminum intake and recently fitted a new clutch, coil, and plug wires. The upgraded carb and intake will unleash additional ponies, and I would expect this car to at least match the power and torque figures of the A-Code 289. The engine bay presents extremely well, and doesn’t flatter to deceive. The Mustang runs and drives perfectly, and is a turnkey proposition for its new owner.
The recent restoration included an interior retrim, and apart from the wheel, it is as it left the factory. The Black vinyl is free from defects, there is no carpet wear, and the dash and pad are excellent. The Sport Deck rear seat is in as-new condition, and even the prone rear passenger compartment plastic is spotless. It appears that there are rear speakers, suggesting the build may have included the installation of a hidden aftermarket stereo. However, the factory AM radio remains intact, preserving the interior’s “stock” appearance. This interior is another aspect of the Mustang that should receive the tick of approval from those seeking a high-end driver.
While the Australian and North American vehicle manufacturing industries followed different paths in some specific areas, the classic markets are surprisingly similar. If you search the typical auction and specialist vehicle sites, you will find plenty of American steel available Down Under. Some cars are stunning, while others require significant work to present at their best. This 1968 Mustang Fastback is a beauty and is ideal for enthusiasts seeking a turnkey pony car. It hasn’t generated the level of interest you might typically expect from a classic of this caliber, and the seller’s price might be the issue. However, when you consider that a new 2026 Mustang will cost our Australian readers approximately A$100,000, the seller’s figure doesn’t look that bad. The new car will come with all the bells and whistles that buyers expect, but this ’68 has character and a sense of presence that will draw crowds. The interest may seem subdued, but I believe it will find a new home. Do our Aussie readers agree?
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