This 1966 Ford Mustang Coupe is a project car, but the owner has decided to part with the car just when the finish line is in sight. Still, their loss could be your gain, because while there haven’t been any bids on the car at this point, the BIN price has been set at a surprising $7,000. Located in Buena Vista, Virginia, you will find the Mustang listed for sale here on eBay.

The photos supplied by the seller are a bit inconclusive, but by piecing them together, the overall picture of this Mustang looks reasonably promising. There are a couple of photos of the underside of the car, and it does appear to be fairly clean, with no obvious signs of major rust issues. Having said that, we can’t see areas like the torque boxes, so we are a bit in the dark. Visible rust on the outside of the car also doesn’t appear to be a problem, and the owner does say that the car has been fitted with new quarter panels and a new front fender. Looking around the door closes, it isn’t clear whether the red paint that we see is original, or whether the car has undergone a color change at some point. There is evidence of overspray on the trim edges, so a color change is a possibility. Included with the car are new weather seals and window stripping.

The interior of the Mustang doesn’t look to be too bad. The dash and pad look to be quite good. There is an aftermarket radio/cassette player fitted to the car, but it doesn’t appear as though the dash has been cut to fit it. The vinyl on the door trims looks to be quite stretched, and while it might be possible to bring them back into shape, I think that there is a fair chance that the vinyl might need to be replaced. The carpet looks good, and there is a new headliner that comes with the car.

The owner doesn’t mention whether this is a numbers-matching car, but the VIN indicates that the Mustang started life fitted with a 289ci with a 2 barrel carburetor. Under the hood, you now get a 289ci 4V engine, a C4 transmission, and power steering. The owner has performed a substantial amount of work on the Mustang’s drive-train, and he says that it is nice and strong. Recent work includes a new timing chain, new aluminum intake and Holley 600 carburetor, a completely new brake system, new fuel tank and sender, and a new Currie Enterprises 3.25 rear end. Add a new water pump, fuel pump, radiator, and flex fan, and there shouldn’t be much that the new owner will need to do under the hood.

With so much work already completed, it appears that the new owner is going to be faced with little more than a repaint to bring the Mustang back to its best. Of course, this would also depend on how things look following a personal inspection. Do we have any readers who would give the Mustang a serious look?