Fastback Project! 1966 Ford Mustang

This 1966 Ford Mustang Fastback 2+2 in Tyler, Minnesota comes with no engine or transmission, but according to the seller it left the factory with a 289 cid (4.7L) V8 and “manual transmission,” presumably a three-speed. The listing here on eBay has lured at least 11 bidders so far to raise the fastback’s market value above $6500. Whoever took the motor nearly emptied the engine compartment of mechanical components. Though showing minimal damage, the floorboards are toast, probably from resting near the ground. After selling more than 400,000 Mustangs before model year 1966, Ford hesitated to make too many changes to the car that named a class of automobiles still known as “Pony Cars.”

This empty space could be filled with any number of interesting power sources, from a replacement 289 to the new Coyote 5.0. Some newer Ford V8 options require significant modifications, but not every old Mustang has to become a $150,000 pro-touring beast or a factory-perfect restoration. This car could become a Father-Son or Father-Daughter project or a retirement deviation for a devoted new owner. The VIN decoder at MustangSpecs describes a ’66 Fastback 2+2 with the smallest of three available V8s, the 200 HP 289 two-barrel. Even with a three-speed manual, that combination would have been peppy, and a nice auditory upgrade from the smooth-running but not so exciting 200 cid (3.3L) inline six.

Maroon and white makes a stunning color combination, one element that would be handsome to keep whatever happens to this Mustang next. Floorboard replacements are best done in large pieces in my experience. While the fastback entered the market in September 1964, and commands a premium today, Ford’s sales literature barely depicted the sportier 2+2 roof line.

The folding rear seat offers plenty of room for luggage and yard sale finds under the fixed sloping glass. A previous owner seems to have fashioned a pass-through, perhaps for twin subwoofers, using cave man craftsmanship normally reserved for life-and-death wilderness fabrication. What’s your top dollar for this rolling fastback Mustang?


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  1. SOREL

    I can’t imagine someone spending $6,500 on what’s essentially a ford-brand skeleton. Smells like a VIN tag sale if you ask me, but lord knows how far people’s devotion to popular classics like the ’66 stangs will go.

    Like 1
  2. ERIK

    I am with SOREL on this…it is either a VIN sale or it is someone with very deep pockets that will throw a lot of money at it to bring it back good as new or better than new as a restomod. Unfortunately, for me as one who wants a stock ’66 Mustang Fastback in my “corral” someday…I am neither type of those buyers.

    Like 1

    Vintage Burgundy with White interior is gorgeous. With the desirability of the fastback body style coupled with a V8 and today’s market that seems to know no bounds, I would think it will sell for between $9k & $10k. I’m not saying that it is worth that from a business perspective, but it only takes the right buyer.

  4. Gary

    A guy I went to our Vocational School with had one. It was so rotted the rear springs pushed up and dented the deck lid. This car was basically a roof, front frame, inner fenders and a firewall and every thing else was replaced, I mean everything. He did it our senior year and it came out better than Ford built it, absolutely perfect.

    Like 1
  5. Kenn

    Seems that someone with metal-working skills as well as mechanical ability could pick up engine compartment items at the auto salvage yard, cover the upholstery with blankets, get a budget paint job and have something decent as a daily driver. Not for the ask thought, or anywhere near it. On the subject of buying it for the VIN, apparently though that seems to be illegal it’s not a law that is enforced with any degree of regularity, if at all.

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