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No Reserve: 1969 Ford Mustang GT Convertible

This 1969 Mustang GT Convertible is part of a private collection, and it has spent the past few years parked in a garage. It hasn’t seen active duty in that time, so the buyer will need to revive this classic before it can hit the road again. It does have some developing rust, but it’s in the early stages. That means that addressing it shouldn’t be a major undertaking. Located in Lutz, Florida, you will find the Mustang listed for sale here on eBay. Bidding has reached $14,950 in an action-packed No Reserve auction.

I have a feeling that this is not the first classic that we’ve seen from this seller. That suggests that he has decided to downsize his collection, which means that there might be a few more tasty classics set to emerge from his garage. The GT is finished in Candyapple Red, and first impressions are pretty positive. When you get closer, it is evident that the car has received at least a partial repaint at some point. What graces the car’s panels now is beginning to show its age. There are quite a few chips and marks visible, and the paint is cracking in a few places. The reality is that it will require a cosmetic refresh to return to its former glory. The Convertible features a White power top that is in excellent condition. The top has been replaced at some point because the Marti Report included in the sale indicates that the original top was Black. That brings us on to the inevitable question about rust. There is some, and if I were to buy this car, I’d be tackling it sooner rather than later. This is because most of it hasn’t progressed too far, so there’s no point letting it get its claws further into the fabulous Ford steel. There is some in the bottoms of the doors, and more is beginning to appear around the rear wheel arches. The rockers and the rest of the exterior look sound, so now let’s delve below the surface. The trunk pan has visible rust, but I think that some patches would set that right. There is also some beginning to appear where the floors and inner rockers meet. Once again, this could be addressed with patches. The frame rails, torque boxes, and battery tray all have surface corrosion, but there is no penetrating rust. The trim and chrome would be acceptable for a driver-quality car, while the tinted glass is free from major flaws.

The seller doesn’t indicate whether the Mustang is a numbers-matching vehicle, but the car comes equipped with an H-Code 351ci V8, a 3-speed automatic transmission, a 3.00 Traction-Lok rear end, power steering, and power brakes. This combination was not the most potent package on offer in 1969, but it did make the GT Convertible an accomplished cruiser. It was capable of covering the ¼ mile in 16 seconds before winding its way to 124mph. This Mustang hasn’t run since it was parked in the garage several years ago. The seller has not attempted to fire it into life, but the 351 does turn freely. Returning it to a running and roadworthy state might not be difficult, depending on how long it’s been sitting.

The Mustang’s interior is like the rest of the car. That means that its condition is decent, but it isn’t astounding. It is trimmed in red vinyl, and the covers on the front seats have begun to stretch. I’m also wondering whether the foam on the driver’s seat is starting to compact and deteriorate. That isn’t a disaster because replacement foam costs about $70 per seat. A more significant concern is the dash pad because this has started to crack around the speaker grille. This is a hassle because stopping the rot is close to impossible once they begin to go there. That means that the buyer will probably want to replace this if the interior is to be returned to its best. If that’s the case, they will be waving goodbye to $500 for a replacement pad. There are a few other minor faults to address, but that’s the worst of it. The interior remains original, which means that the AM/FM radio is still in situ, as are all of the air conditioning components.

Some classics will spark plenty of interest when they are listed for sale, and the 43 bids that have been received on this ’69 Mustang GT Convertible indicate that this is one of those cars. It needs some work, and the reality is that the buyer will need to pour some money into it if it is to be returned to a factory-fresh state. The rust hasn’t progressed too far, so that is something that I would be getting on top of quickly. If you were to buy it now, there is no reason why it couldn’t be roadworthy before Summer hits. Could you think of a more pleasant way to pass a sunny day than behind the wheel of this classic? It does sound tempting.

Comments

  1. Bob_in_TN Bob_in_TN Member

    When I saw the lead photo, my first reaction was “wow, looks like a nice 1969 GT convertible, not many of those were built.” (From the Marti Report, 1127 to be exact, which means maybe one or two hundred still exist?). However, thanks to the 202 high-quality pics — kudos to the seller — they show a car which has dings, scratches, pitting, wear just about everywhere, even some rust. It looks like the 50+ year old car that it is.

    Thus, in my opinion it needs and deserves a full restoration. It would be a stunner. Otherwise just get it running and safe and enjoy it as-is.

    Check out the cool “geared” gas cap, only used on the 1969 GT.

    Like 7
  2. AMCFAN

    Cool Pep Boys tires.

    Like 1
  3. KC John Member

    How could someone have this beautiful convertible and just let it sit? Kept it a few years…let it deteriate to non driver status…now gonna cash in. Makes me sad. Get em out and drive em!

    Like 3
  4. edward casala

    Not a Mustang guy at all, but like the car. Yep its got some wear and tear on it, but its complete, or seems to be. One question for the Mustang guys, on those faux vents in from of the rear wheels, are those backwards? GLWS

    Like 1
    • Howard Kerr

      Those “vents” are what happens when a stylist retains a model’s well known cues yet wants to change things up.
      So no, those vents are facing the ” correct ” direction. Oddly, fastback models had a vent/scoop further up on the fender that faced the other direction.

      Like 1
    • robert semrad

      No, Edward, they are correctly open to the back. If they were open to the front, they would catch all types of debris. They were designed to give the appearance of an interior venting.

      Like 0
  5. John Oliveri

    I’m not a Mustang guy by any means, it the color combo on this ones got me, actually I’d replace the seats and door panels with white to make it extremely eye catching, I’m not against non # s matching as long as it’s something that was available, then I’d need to address that horrible Ford 15 turns lock to lock steering box

    Like 1
  6. JBD

    Most of these get performance upgrades like alum intake and 4v carb and exhaust.
    Good solid starting point for a Restomod or pure classic restoration.

    Like 1
  7. David ulrey

    Adam – love your writing style overall, even when you started and called the door panels ( to us in the United States) door cards, no problem, different parts of the world use different words for things. I wish you might reconsider posting quarter mile times for all the cars you write about. By all means it rather nice to see those on certain cars but not every vehicle needs to have them posted. Certain cars were never bought with quarter mile dreams in mind.

    Like 0
  8. robert semrad

    John, what does that mean? shelzbot?

    Like 1
  9. walt

    $17,800 as of 4.16p w/3hours 2 go. Right below it is a very much cleaner red 69 convertible w/blk top & interior, no rips-tears-beautiful paint 4 a BIN $18,900, new gas tank etc .But opps it has a 250 six. I know 4 sure it hasn’t been abused-wreaked-etc. What I see on the 1’st 1 is a cheap paint job coming apart fast

    Like 0
  10. Ed

    Is that a cleveland 351 or windsor block

    Like 0
    • walt

      2bbl-Windsor

      Like 0
  11. walt

    Winning id $25,500, in last 3 hours went up $8000! Unreal, & right elow it was a leaner/nier 1 with a BIN $18,900 & no 1 is touhing it

    Like 0

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