K-Code Project: 1965 Ford Mustang 289

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Somebody’s got way, way too many cars to get to, including two K-code Mustang Coupes, so he’s willing to let this 1965 Mustang go for what is described as a reasonable price. If this no-engine, no-transmission project is up your alley, then check out the listing here on eBay and get to bidding. You can try your hand at the opening bid, set at $5,000, or just jump to the end game and offer the buy-it-now price of $9995. Should either strategy succeed, you’ll haul the car home from Jacksonville, Florida.

The K-code was the king of the Mustangs in the first generation (1965-66). Forgetting six-cylinders, the V8s in the early 1965 models (often called 64 1/2s) went from an F-code 260, to a D-code 289, and then the “true” 1965 models (September 1964 and following) were offered as C-, A-, and K-codes. All of that alphabet soup to say that if you’ve got a K in the fifth digit of your early Mustang VIN, you’ve got a prize. The most valuable of these early cars would likely be a K-GT convertible (or 2+2 fastback), but any Mustang with “K” in the engine callout spot of the VIN was coveted, and still is. Of course, as noted, the original engine and transmission are long gone in this case. That means you could search for an era-correct block, or just put what you want in there. Will the car still be a K-code? Yes, of course. Or maybe to play around with the grammar, it “will have been” a K, with the vestige of that being that VIN plate.

As with any Mustang from the lowliest 6-cylinder on up, there are things to look at before salivating too hard at the possibilities for this rebuild. The frame rail sections in the trunk look on the rusty side, so you’d want to verify the general integrity of the structure. The floor has some needs and some old undercoating to be stripped. The paint is said to be a simple basecoat shot about a decade ago to preserve the car. Only a careful look will tell if there’s any point in polishing that up to see what it could look like (and there’s a hint at other body needs in the ad, so read carefully). On the other hand, it’s a K-code, so just plan on a strip-down. The current owner does say that you need to be a craftsman with expertise in repairing floors to take this project on for yourself, indicating the level of need, no doubt, but also to prep you for the offer that his company will do the resto for you.

He also says that he has lots of parts he’ll sell you at a discount, including any number of original 289 engines, though no mention of the letter “K” enters that part of the conversation. In fact, the more you read this ad, the more it seems like an ad for restoration service and/or for parts of almost all sorts. Did I mention he has 200 cars and 40 years’ experience? Not as many times as he did, I’m betting.

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Comments

  1. Dennis Tjaden

    The gas cap is 66 the dash is 66 and the grill is 66

    Like 9
    • SteveP

      Yep and the “body scoop” side molding screams 66 as well…..gotta be a 66…decent looking project and may have been built in 65 but it’s definitely a 66 model ;-)

      Like 2
    • Marko

      And the windsplint rear quarter panel trim is 1966 too.

      VIN confirms it is a 1965, so did someone “Forward date” this Mustang, or were there ’65 models escaping the factory with new 1966 trim.

      Like 3
  2. Demonsteve

    $5000 and the reserve is not met, no engine, no trans, interior is gone and the rust on the bottom side don’t look good. K code or not the cost to get this car even drivable outweighs what it could be worth IMHO.

    Like 6
  3. Jamie

    Good luck to the seller, but, in my opinion, I think he’s lucky he got one bid of $5,000. It might be a K code, but there isn’t much left except the VIN tag.

    Like 3
  4. chrlsful

    “…also to prep you for the offer that his company will do the resto for you… lots of parts he’ll sell you…”
    same exact biznes model as GulWing, across from Manhattan. He duz well, Y not this guy. I got my fox-bodied wagon from “Mustang Steve or Mike or” sumpin. (He was/is NOT on that model @ all but does specialize in one make/model) & just a hobbiest.

    https://www.gullwingmotorcars.com
    We no’em… & BevHills CC too.

    Like 1
    • Brian KAuthor

      I’d love to hear more about BHCC. I see their ads all the time, and always wonder what the story is.

      Like 0
  5. DA

    Forgot the fuel cap, remembered it. Only needs pretty much everything. Don’t worry about that wiring harness on the floor, or all the missing things. Mind the gaps. Not worth anywhere near $5,000.00.

    Like 2
  6. CCFisher

    At first, I thought it might be a GT in disguise, based on the 5-dial instrument cluster. But, after a closer look, it has a 1966 instrument bezel, so the instrument cluster is apparently just another 1966 part. It’s curious that someone went to the trouble of making it look like a ’66. Making it look like a ’65 GT would have made a lot more sense.

    The K-codes are the only early Mustangs with a partial VIN stamped on the engine block, so the loss of the original engine is more impactful than it is for lesser Mustangs.

    Like 1
  7. North End Mike

    What’s with that paint color anyway?

    Like 0
  8. Brian KAuthor

    I also noticed that the trim is 66, and I was going to say something like, “Do you trust a guy to resto the car for you when he can’t tell the difference between the trim for a 65 and that for a 66?” but I was trying to be nice.

    Glad you all caught these discrepancies.

    Like 1
  9. Craig Hanson

    It’s a 1966 Mustang that’s prolly been crashed and a 1965 Mustang “K” code inner fender and outer fender were replaced. No Engine to see a partial VIN code #. I wouldn’t touch it. Just the view from my saddle.

    Like 1

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