The typical Mustang 2+2 (fastback) of early vintage goes for around $40K (and climbing) when auctioned. That for a restored model or a decently preserved original. You’ve got to get there from somewhere, though, and in the case of the 1965 model shown here on ebay, that is a starting point of near decrepitude. But if you’re willing to pay up at the amount of $8500, this dusty-rusty-musty entry point might be for you. It’s located in Aragon, Georgia. And by the way, that starting price is a buy-it-now, not an auction number.
Let’s not even talk about what this car is now in terms of condition. When you’re done, you’ll have one of the most beautiful automobiles ever crafted. Forget its rarity—it’s just plain lovely, with those sculpted sides and that sloped-back roof. Most people go for first-gen Mustang coupes (affordable, classic looks) or convertibles (gotta grab some sun), but the fastback body style is more rare and therefore in some measure more desirable.
This one is just a hulk. You’ve got to do everything. “Very rough” is the term used, and that’s no exaggeration. There’s essentially nothing under the hood, though a C4 automatic transmission is in with the deal. This car appears to have been Shelby-ized at some point, so there are a few things to unwind (super long taillight cutouts for one thing, side scoops for another). Your bigger problem is going to be rust. Exterior body panels have it. The floor is scaley with it. Most concerning is that the rocker panels are eaten in half. One good bump and this car could fold in half on you. On top of that, there appear to be prior rust repairs that have been done. “Prepare for the worst and hope for the best” would be the wise restorer’s mantra. At least you get to pick your own color. I’m doing some kind of gold if this were my car, but I’d place bets that black or red is what will end up as the topcoat. Red with a red interior would be nice, come to think of it.
They say you can build a first-generation Mustang out of a catalogue. Who knows if anyone has verified this rumor, but if you want to be the one to do it, here’s your chance. Everything from the glove box liner to the gas cap needs to be located. Where will your budget be, and where your level of frustration, by the time you get this car back to right? At least you’ll be able to say that you know every inch of the car.
Got to evaluate how long you think you will live to get involved with this one.
For what’s there, I think the price has waaaay too many zeros.
I have seen worse. I believe that you can purchase a complete shell. So all you would be using here is the VIN tag and title. It’s too bad that these rusted like this. BUT, many others rusted even worse. Fun car to own and drive. You get alot of attention doing that.
Looks like a “Craigslist” rebuilt as they say on YouTube. Lots of paint covering lots of rust.
Years ago I had a 65 GT fastback, V8,automatic with factory A/C. Silverware with white interior. I drove it around for a year all torn apart. I sold it as soon as it was completely restored. Yes I could kick myself for selling it,but I just had to have this 73 914 with a 2.0 engine. Plus I gave up having A/C. I was living in Phoenix.
Too far gone and not a rare VIN #
On a bright note, you still get the speakers in the back deck.