By 1970, the Mustang was in its sixth year of production, yet it was still outselling everyone else in the “pony car” category. Because the car had received a facelift in the prior year, ’70 models were minimally changed as the bigger-than-ever Mustangs were due out next. This Mustang convertible looks to have been resting outdoors with some other vehicles for a long time, so it’s going to need a lot of work. We don’t know when it last ran, and the body shows evidence of some prior repair. Located in the mountains around Buena Vista, Colorado, this drop-top is available here on Facebook Marketplace for $7,000.
From a peak of 607,000 cars in 1966, Mustang production was down to 190,000 units in 1970. But that was still 65,000 more cars than Chevy could manage with the Camaro which was in a transition from that car’s first and second generations. The ’70 Mustang convertible only accounted for four percent of production that year or just 7,673 units. With the likely survival rate, that probably points only a few hundred left today.
We don’t know if this Mustang was in operating condition when it was parked, but it certainly can’t be now. Once finished in dark green with a black convertible top, the paint has seen much better days. And from the photos provided, there is a breakaway of the paint that suggests some filler material is behind it, at least in the drivers’ side rear quarter panel. Perhaps that could be from an accident rather than rust. We’re told the bones are good, but with flat tires and sitting on the ground, can it stay that way for very long?
The canvas top has turned into a moon roof, so not only does the sun but Colorado snow get into the car. As such, the interior may be rougher than we see in the photos. This Ford is said to have a 302 cubic inch V8 paired with an automatic transmission, a common combination for the Mustang. It also has air conditioning which was less often seen in drop-tops 50 years ago. This car is going to need a full restoration, but next to the Mach 1, this may be the least seen of the 1970 Mustangs. That may equate to a higher resale value later.
Looks like the mountain found this car first. Mustang or not 7K is a ton more than this one is worth.
People diss on Dodge Caravans, but the one beside the Mustang is in much better shape!
$500 to $1000 car if I ever saw one
Terry… Just traded in our ’09 Caravan that color (our 4th over the years) for a ’21 Pacifica van, almost the same color, and the beat goes on. We use it for towing and hauling parts to restore old beat up cars like this one.