Live Auctions

One, No, TWO Owners! 1968 Mustang Fastback

I’m going to get this out of the way quickly: if you buy a car from the original owner and flip it, it’s NOT a one-owner car. Period. That being said, this really looks like a nice, largely original 1968 Mustang GT and it’s spec’d just the way I’d like it! It’s located in Massapequa, New York and is for sale here on eBay, with bidding already over $10,000.

Awfully shiny paint, isn’t it (that white marking over the rear wheel well is a reflection of the fence it’s parked next to)? It’s not the original paint, but is the original color (Presidential Blue). The stripes have been put on correctly to my eye, and I appreciate the restraint shown by keeping the original wheels and trim rings, even if I think the paint shade of the wheels is a bit dark (correct me if I’m wrong). The narrow whitewalls work too, although I think I’d eventually change them. Redlines?

Although the picture quality isn’t what I’d like to see, from what I can tell the shut lines are nice, the paint quality is high and we are told the body is completely rust free. Actually, we’re told that the seller was told that it is completely rust free; there’s a lot of plausible deniability throughout the ad.

The interior is said to be original and looks every bit as nice as the exterior. Okay, here comes the debate! Do you believe the 69,547 claimed miles to be accurate? I’m not going to weigh in on this one. Are you a skeptic?

The 302 engine is also said to be original, and considering the four speed manual attached to it, the power train is a pretty desirable combination! There’s an awful lot of touch up and new paint under here, though–I would represent this as nicely taken care of, but certainly not a “survivor”. I’d sure like to be driving it, though–what about you?


  1. erikj

    Very nice mustang. If it is being represented as a survivor, its been resprayed so in my book even through very correct and orig color was kept.looks very well cared for. As far as the milage- you need proof,but it does look like that could be true. I should look at the ebay pics and what the seller says. Very nice ,wish I could afford it.

    • DrinkinGasoline

      Representation of anything offered for sale is subjective as well as mileage. Over the last 40 years of tinkering with the “buy and restore or just drive game”….It’s all on me.
      Nobody twisted my arm and if it goes sour, then I failed to look at what I should’ve looked at before the handshake and pen was put to paper.

  2. DrinkinGasoline

    Checks all the right boxes for me and i agree with the redlines.
    I never liked the ’67-on steering wheels….I would swap it out for a 65-66 and neatly pack away the original on the top shelf of the master bedroom closet. I just hope it doesn’t end up with 22″ rims with rubberband tires. I don’t even like the wheels on “Eleanor”. Have at it thumbs down trolls….I’m still looking to unseat Howard A…My best to date is 51…:)

    • Alan (Michigan)

      DG, if the goal is a stack of negatives, you’ll have to post something which most people are going to disagree with. Ya missed that on this post.

    • Rocco Member

      The ’67 steering wheel looks like the ’65-’66 except for the padded center of the horn button. I do agree with you about the ’68 wheel. The ’69 rim blow looked pretty good, then the ’70 that looked like the ’68.
      Just for informational purposes, the ’65-’66 wheels will not work properly on ’67-up Mustangs, unless you change the turn signal switch and some wiring on a ’67-up.

      • JW

        Rocco our 70 Mustang Mach1 came from the factory with the rim blow steering wheel, I think all 69 / 70 Mach1’s with the deluxe interior got the rim blow steering wheel over the standard.

      • Rocco Member

        That’s cool. I like that wheel. I didn’t know the ’70 was available with the rim blow with the locking steering column. I thought it was a one year only. Thanks for the help.

    • Tre Deuce

      Reg; ” thumbs down trolls” The thumbs down trolls are obviously immature, or crippled by their bias. They are absolutists and don’t consider other opinions or facts. They refuse to engage opinions or information that is counter to their view of the world. They are probably young and time might fix a few of them… we can hope. If they are not young, we can throw in the towel on them cuzz they are fully baked and going nowhere.

      This is not a personal attack, it is a considered opinion from many years of experience dealing with the immature or reptilian mind.

      Instead of a ‘Thumbs Down’, which should be eliminated, one should offer their ‘considered’ opinion in ‘Reply’.

      This site should be about enjoyment of our hobby, sharing experiences, and info, and developing a conversation, not about personal attacks which is what the Thumbs Down feature enables.

      The Thumbs Down feature facilitates those who can’t develop a cogent counter reply and adds negativity to the site/conversation that none us need or want, well, obviously, some of us. Like the old saying… Those who use profanity, exhibit a poor command of our language _there are other versions with the same message_ or severely lack or are crippled by limited intelligence. The thumbs down feature is their personal attack tool.

      This sites rules are_ No Personal Attacks. No Yet enables same.

      Like 1
      • Bobsmyuncle

        EXACTLY what I’ve been saying. With the exception that I think most are older and cantankerous.

      • Tre Deuce

        “I think most are older and cantankerous.” Yes, ‘Bobsmyuncle’, Those are the “fully Baked” ones.

  3. JW

    I like it too but I have one Mustang don’t need another. These fastbacks are very desirable and yes enough with the Eleanors.

  4. John

    Quarter panel looks funky

    • DrinkinGasoline

      Don’t they all ??

  5. RoughDiamond Member

    Looks pretty clean. Definitely sparking a lot of interest and hot bidding. It’s a pretty sure bet that an older vehicle listed on eBay a week before Christmas will either be a home run or a strikeout. This looks like it’s going to be a home run unless the Reserve is set too high.

  6. duke

    for the money this is going to be going for i need a whole lot MORE pictures—-sure wish i kept my 68 GT fast back—-teal blue(green) white -C- stripe white interior with headrests(option) tilt and tilt away steering wheel–power drum brakes not disc-both consoles upper and center-black carpet-interior light group….lights every where,trunk ,hood,door,glove box,center garage door console-GT fog lamps-floor mounter wiper switch to activate a manual delay wiper/washer-center dash warning lights ,low fuel/door ajar/parking brake and one other light i cannot remember,hood directional lights-twin black stripes up the hood(factory)quad tip exhaust-3 speed automatic-302 4 barrel-factory shift kit,when you nailed it you would get 2nd gear chirp from the tires-3 piece GT rims-roof shoulder harness/belt-(no a/c,no fold down rear seat) the specific car that i had with the options listed according to a mustang book i had looked at a barnes and noble there were less than 900 of them made-however, when i came across that specific book i had long sold this-after reading the info i made a feverish effort to locate the car via VIN and to no avail -gone into the last round up i suspect…..which made me even sadder thinking that *i do have one picture of it someplace in my archives…somewhere

  7. Jeffro

    Thumbs down?

    • Wayne S. K.

      No thumbs down here Jeffro, but I will reply with a resounding HUMBUG!!! ;)

  8. Rustytech Member

    Over $25k and still reserve not met. Too rich for my blood! Good lookin car though. I would want to see documentation on mileage.

  9. Bobsmyuncle

    So I ask, what value is there in knowing the number of owners?

    Once you’ve answered that for yourself, than tell me what difference on the above answer does the brief ownership of the flipper have?

    • Jamie Palmer Jamie Staff

      To me it’s a matter of integrity. I believe in telling the truth. Period.

      • Bobsmyuncle

        And the value of the number of owners?

      • Jamie Palmer Jamie Staff

        Zero. The value of integrity = immeasurable.

      • Bobsmyuncle

        Great than we don’t need to discuss the number of owners anymore. Excellent!

    • Tom Member

      I think I am in agreement with you unless I am misunderstanding your comments.

      Yes a flipper is an “owner” IF…IF they title it but the story of the car is the guy who bought it new and owned it for 50 years. The flipper, in my opinion, is really not an owner but a reseller/broker of the car especially if they don’t have it very long. If this guy bought it from the owner from 1967 to 2016, it is a one owner car when telling the story of this car.

      In my opinion, once a car has a couple real owners the story is all about the car. if it only had 1 or 2 owners that is notable. if the owners were collectors with reputations, it matters. If the first and one & only owner abused the car, left it in a field with the windows down…..1 owner means nothing. I’m out.

      • Bobsmyuncle

        My point is simple, even if one believes that each additional owner somehow depreciates the car, an owner that owns it only long enough to sell isn’t able to have any significant negative effect.

        In reality as you have outlined the number of owners means absolutely nothing. How the car was cared for does.

        This hogwash about concerns for integrity is simply a redirect.

        As we know from seeing it over and over, most flippers don’t include themselves as owners. With good reason.

        Regardless the intent isn’t deception as is irresponsibly being suggested.

      • Jamie Palmer Jamie Staff

        Ok. I shouldn’t reply to this but I’m going to anyway since you are insulting MY integrity this time.

        The ONLY point I made in the post and in this discourse is that I find it disingenuous for a seller to not count themselves as an owner. And that dishonesty will always leave a bad impression.

      • Bobsmyuncle

        You said yourself you are questioning the seller’s integrity.

        The influence of your position in media can’t be overstated and should be considered cautiously before making such statements.

        Through familiarity many readers will understand your intent. Many, not all. And others don’t have that familiarity to fall back on.

    • Horse Raddish

      I agree with Jamie.
      Why would somebody claim to sell a one owner car, when he is the second owner, but to deceive the buyer that one owner has taken care (good care is implied) of that car for a long time up to a point of not even selling the car ever.

      A buyer will gladly pay a premium for that (original ownership car) which the second owner is trying to swindle off an unsuspecting buyer.

      The flipper, who deliberately is deceiving or hides that fact is a crook.
      Owner is owner.
      If you call him a broker is he splitting the premium he is getting with owner #1 ?
      I doubt it .

    • Jack

      So you are saying, flippers never own the car?
      How does that work?

      • Bobsmyuncle

        You need to decide for yourself what perceived value is associated with the number of owners.

        There are any number of rat traps with one owner. Conversely there are pristine survivors with 10 owners.

        That said, let’s give the benefit of the doubt to those that think fewer owners makes for a better or more valuable car.

        If a flipper, takes ownership, and sells it two weeks later with no additional miles or maintenance, what has changed? A signature on a piece of paper.

        Let’s take another angle. The flipper takes the car, changes the ignition components, filters, oil, replaces the tires and sells. The money invested should surely translate to value. But people here, quick with the thumbs down, will contend that value was lost because of a signature.

        Critical thinking for the win.

  10. redwagon

    redlines are always the answer.

  11. erikj

    drinkin gasoline-You should see my master closet. Its full of all the hard to find parts for my 71 fc7 duster,a few things that go BANG. and a little metal also my other stuff that is special to me. not to worry. it would be very hard for anyone to come across the special stuff ,very well put away.
    I,m not the only one that does this.I did go back and look at the ad on ebay and it looks like someone did buy it from the orig. family so its not a one owner.
    I wonder what it sells for in the end. Sellers also mentions its bought from the orig. FAMILY. so that could mean a few had there hands on it. silly to pick the car apart,its what the new seller says about the history.still very clean.

  12. Boss351

    Love the the dark blue color on the fastback. Smog equipment is still there and the mileage seems correct. Checks off a lot of my boxes. The only two options that I would like to see are A/C and front power disc brakes if I were to pull the trigger at the price it is now. I would change the ugly 68/69 wheels to 15 inch Magnum 500’s with red line tires and the go with a 65/66 steering wheel. Never liked that 68 steering wheel.

    This looks like it will take $32K to buy it as the reserve has not been met at $26,743.

  13. Stang1968

    I love it. One of the nicest colors in 1968.
    Would need to see some underside shots to shell out that kind of money. Mileage could be close to accurate as lots of items that typically show wear still look pretty decent such as chrome trim on instrument cluster.

  14. Steven

    Very nice 68 fastback, but looking online from searching that prices for these classic mustangs even Camaros are coming down…

    • Tre Deuce

      Current values for most cars are in a decline. Buyer must do due diligence on values, history, mileage, etc, and the big one ‘legal ownership’. Guides to buying a collector car are invaluable. Watching the auctions and accessing auction results are a good way to follow trending values.

      Also, there are publications and websites that offer good current and historical values. Sports Car Market is a very good one, offering online values and trends, and pocket guides.

  15. Grumpy

    Nice. But as noted no p/s or power disc brakes. I had a 68 GT same color, it had the same wheels, but chrome. This one has some deluxe interior option with door pull straps, lower door panel trim, chrome pedal trim, woodgrain trim, roof console etc.
    The 68 steering wheel is in my opinion far nicer than the 67 with its huge raised horn center.
    I would love to have this car!!

  16. stillrunners stillrunners Member

    Fresh motor ?

  17. stillrunners stillrunners Member

    …and I just don’t get low miles no rust ever…..taken down to metal to repaint it ?

  18. Greg Member

    Dang! It’s over $34k and the reserve still isn’t met.

  19. Tre Deuce

    Reg; “it’s NOT a one-owner car” That may be your opinion for whatever reason, but those of us in the business, licensed dealers, don’t see it that way, nor does the state. The car is never personal to us, and title is never transferred into our name or the name of the business.

    Even casual flippers, never legally transfer ownership of the car into their name. Most states allow you to hold title without transfer for 30 days. And some allow even longer with out penalty, if it is not currently registered to drive. So, Jamie, ownership is all about the legal status of the vehicle. Legal, registered ownership is the bottom line, not somebodies opinion.

  20. BillB

    At over $34K, Reserve Not Met and almost 7 days left, the flippers are long gone and only the guys that want this in their garages are left. It’s not even a 390 or 428, but being a fastback is bringing the dollars.

  21. Keith

    All I’d just like to say something about the whole “1 owner, how many owners, flipper owned it” business. I personally have flipped a few cars over the years to a large classic car seller in Europe. The owner of the purchased vehicle hands the title to me, and I send it off to the classic car seller. Am I then added to the ownership chain? I thought not. However, during the enjoyable process of being audited by the IRS, the IRS feels that I DID own the car, even if the title was never put into my name. So, take that for what it’s worth. Most of these cars I never spent more than 1 hour with, and were never at my garage. I would not consider that to be ownership, but the IRS does. Go figure.

  22. Tre Deuce

    Business ownership, not personal ownership. A store owns the stock/inventory on its shelves, but doesn’t own it personally, for personal use.

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