There’s a group of Fastback Ford Mustangs near Charlotte, North Carolina that are waiting for new homes. The cars are advertised as all being from 1965 and are all in need of full restorations. The quartet can be found here on Craigslist with asking prices ranging from $5,000 to $8,500. Based on the selling prices, it probably would not be realistic to buy two or three of these cars and combine them into one good one. Perhaps I’m wrong? What do you think?
This car is described as a “Red “C” Code” and is the most complete car of the group. Only missing the front aprons and suspension, the body is described as nice and straight. The seller is honest about the car having extensive rust on the front frame rails. The glass and trim are said to be in good condition and the interior is said to be complete. The car also comes with a non-running 289 engine and C-4 transmission. The asking price for this one is $8,500.
The blue car is advertised as a “Tropical Turquoise “C” Code” and is a “rolling shell.” The car features front bucket seats and a rear fold-down seat along with interior trim panels. The door glass is broken, but the rear glass is present. Unfortunately the car lacks an engine, transmission, hood, fenders and trunk lid. Not sure if this one is worth the $6,500 asking price?
This car is a “Red “T” Code” and features a six cylinder engine along with transmission. The engine is described as non-running and the ad doesn’t say what transmission it has. The car is also not much more than a shell and has a $5,500 asking price. What’s your opinion on these cars? It appears that they were salvaged from a junk yard or were used as parts cars for other projects. Are they worth the asking prices?
Way to high. Lots of parts missing tons of labor to put into a shell.
Not all are ’65’s. The first one looks like a 1970, maybe a 1969.
Old mustang prices have been all over the map in recent years – so making sense of the value is a crap shoot. The red “most complete” car is likely the only one salvageable, but its going to need everything underneath. These carcasses looked to have been picked clean. Nothing to see here – move on…
Looks like the guy was saving up for a rainy day or planning a mini retirement here with this rust collection. Also could be the remains of many years of Mustang restorations. Who knows. Either way, plans/times change.
Only now you can buy many types of Mustangs , Fox , 95 up SVT Cobra all the way up to the newer gen for the $8500 (or much less) range. Be enjoying the sunshine and driving NOW. No thanks. I wouldn’t want to restore such a project. Antiquated carburetor 1960’s suspension etc. No thanks.
Sadly this guy should have invested in a Roth.
Agree whole heartily. Common sense needs to show its smiling face in this hobby. If you could get these for a few hundred bucks, and had the time and desire, and the place to fix one up, then it is all about what our hobby USED to be. Cashing in, like a certain nameless gentlemen who pawns his Porches here, is what has spoiled the hobby. Besides, most of us are not that handy anyway, so why not buy a reasonably priced, by far better car that we can enjoy driving? As far as the Roth for the seller, I think he doesn’t have any real cash in these, I bet he picked them up for a song from someone happy to get them out of the field where they have been rotting for 30 years as an eyesore.
For someone that wants a fastback mustang AND knows how to work on cars, these are a good place to start! ford parts are easily available–especially if you want a car for yourself not as an INVESTMENT’! Over the years, I’ve tried to buy two of the cars I want so I have the bits to make one and then by the time I’ve finished, the other is worth at least as much as I paid even tho having less bits
No comment!!!!! Where is the value in this? 100K later and nothing.
I’m always perplexed when I see these cars rotting in areas where the properties have acreage. Had this guy poured a pad and built a simple shop/building to store them, they’d be worth twice as much as these rotted shells. Even back as early as the late 70’s, early 80’s these cars were valuable and worthy of proper storage. Still, all these cars will sell as the entry point is cheap enough for fastbacks which bring big money when finished correctly. They are easy to work on and draw a crowd everywhere you go, even in this condition. Unlike any of the newer versions that are basically plastic crap on wheels. Some people have no vision.
Those prices must be typo’s. I would think the guy meant $50 to $85. I just cannot believe that anyone could think that there is anything here to even start on. I can’t do anything about the crazy prices people put on rust these days, but I decided for my own safety that I would make a roll-cage with seat and shoulder straps and attach it to my office chair, as that will keep me from injuring myself from doing a back flip from, or falling out of my office chair when I read such ads!
Yea Jim at least get them up off the ground. Like the guys said–picked clean as a turkey carcass after thanksgiving. If you could buy the four for a grand might be worth it. everybody thinks they have gold. in the case of the rusting, they rust where the uninformed (like me) can’t seeit!!!
Looks like the vultures, jackals, and coyotes have already picked ’em clean. Barely enough left on them bones to feed a hungry cockroach. Too bad.
Had acquaintence moved from Cali with a canyon carver stang fast back, complete w305 ( 289 271 hp clean up) webers disc all around and 5 spd.
complete with rear light, including plate light cutoff switch and roll cage.
HE had almost 80 grand in it but for 35 -50 K the New stangs would make his wheels seem ancient as horse and buggy.
There is nothing of interest too me in this abused piles of rust.
More over priced cars on Craigslist ,. Seems 90% are over priced . No bargins here.
I love old mustangs…..however they are a dime a dozen in this condition.
You can buy a running version of this car for $10,000 and I bet it will cost you $15,000 just to get one of these to run.
I’ll just imagine that turquoise one restored; my former all time favorite Mustang. My new favorite: the current version which, arguably, looks just as good while doing everything better. I’m just glad the new one doesn’t come in turquoise to tempt me.
Well, I do agree the price is up there , I also think some mustang coupe owners may want to weld thier coupes into a fastback, so maybe these have more value for that. My uncle sold his aqua aqua 1965 289 auto fastback for 800$ with original paint , of course I think that was in 1972,these cars are special…..just break out the welder!!!!
Well in another 40 years we may get to bid for a rusted out Stang of 2017-2018 vintage for under 40 grand to restore.
At least one 68 and one notch back in here anyway.
looks to me to be a personal retirement account. I have vehicles also to list as I stumbled across this super website only today, but it looks like so many sellers think their old junkers are worth their weight in gold. I love old, unrestored vehicles, I own a few myself along with some really oddball vehicles but this is going way too far, I would rather spend the 20k or so to restore just one of these on a nice used later model car. I have a 2000 Pontiac firebird ws6 formula I might put on here later, along with barn-kept, a 2nd owner (my late grandma bought it new, I inherited it) 1971 olds cutlass with the landau top (did I spell that right?) with a super shop manual!, currently runs ( publicly about 15 years ago)and drives with its “rocket” 350 c.i. mid-block and includes a spare 455 c.i./turbo 400, a peroxcide powered rocket go-kart from the 60’s, a more modern 90’s evo/ 97 c.i./with a lr 101 rocketdyne rocket assist aftermarket performance aluminum frame/locked up to be solid softail frame Harley that I built from the ground up with a gear driven supercharger yet to be installed (only 1 ride on it, too scared to drive it home, had it towed back home), too many vehicles from the past, too many stories… Stephen thor all that being said, this is a great website for those of us who drove… and remember all these great vehicles, but it just seems that some think their trash is someone else’s treasure (which may be the case?). might list one or two later… Stephen thor.
past gone but not forgotton vehicles…
1. 1971 Porsche 914 1.7
2. another 1971 Porsche 914 1.7, neither 914 was fast, took me 5 minutes to crawl to 100 mph coming off the grapevine in central California, but they both handled like overgrown go-karts, loved them!
3. grey market 1964 and 1/2 Porche 911, 6 cylinder, ran thru plugs every 400 miles but what a vehicle.
4. 1970 lotus Europa S2
5. 1976 lotus elite series 2 (biggest and most expensive junkpile I ever owned, it nearly gassed me and a buddy to death with its inside-the-vehicle battery over-charging, acid gas, what a p.o.s. electrics were a disaster on it.
6. two Porsche 928’s, forgot the years, one got totaled out. nice cars, mid-blocks, not superfast but fun to drive, but not as fun as the 914’s.
plus a couple I can’t remember enough about to tell much about… Stephen Thor http://www.thelastfriendsofwilliecoyote.com
I think as more and more townships tell folks if their vehicle is not able to be registered for the road,they will be fined, meaning in most cases insured and able to pass inspection we are going to see more of these last gasps at trying to make a deal instead of paying fines.
I am from the area where these are located. Most cars are not to badly rusted out. These look to have been wrecked and pulled from a junk yard at some point. The price as high as it seems wouldn’t be bad if he had titles for all of them. You can buy a coupe and just put everything just about from them on a fastback which are far rarer over all. I recently looked at 64-66 Fastbacks on CL in NC. They were asking from 12k to over 30K those were running and driving cars. Just because he asked that much doesn’t mean he wouldn’t take less. Half of what he is asking is closer to reasonable though. If the 6 banger could be got with a tile for that much I would be dragging it home.
What’s that green (or grey) thing at the end of the first pic?