Original 302: 1968 Ford Mustang

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We’ve recently seen some wonderful discoveries cross our desks at Barn Finds, and this 1968 Mustang is a perfect example of that trend. The seller located it languishing in a barn. They revived this classic and returned it to a roadworthy state so a new owner could slip behind the wheel immediately for motoring fun. It isn’t perfect, but is a rock-solid vehicle with a healthy V8 under the hood. Its listing has generated significant interest, and it is easy to see why.

Ford’s First Generation Mustang received several significant updates during its production run, with the first of these introduced for the 1967 model year. Most changes involved increases in the car’s overall size to accommodate larger engines. Our feature car rolled off the line in 1968 and was an evolution of the previous year’s offering. Its first owner ordered it in iconic Candy Apple Red, with the seller indicating the previous owner treated it to a repaint before parking it in a barn in 2000. They state that the existing shade doesn’t precisely match the original color, although it doesn’t miss the mark by much. The seller recently dragged it from hiding, discovering the Mustang is surprisingly solid. There are no issues with the floors or underside, and the lower extremities look clean. The lower door corners sport the typical patchable bubbles, with similar imperfections in front of the rear wheel arches. The paint has developed some minor issues, but none are bad enough to warrant immediate attention. The panels are straight, the trim is in good order, and there are no visible glass issues.

One significant change for the 1968 model year was Ford’s introduction of the 302ci V8 to the Mustang’s options list. The J-Code powerplant delivered 230hp and 310 ft/lbs of torque. The first owner chose that engine to power their new purchase, adding a three-speed automatic transmission and power assistance for the steering and front disc brakes. Ford produced more potent variants of the ’68 Mustang, but this car’s ability to deliver a sub-16-second ¼-mile ET and top 120mph demonstrated it was a respectable performer. The seller recently revived this classic after twenty-four years in a barn. They say the odometer shows 48,700 miles but cannot verify whether that figure is genuine. However, the car runs and drives perfectly and is a turnkey proposition for its new owner.

This Mustang’s interior continues the “tidy driver” theme, with no significant problems visible on its Black vinyl upholstery or trim. There is slight stretching and wear in some areas, but the condition is acceptable if considered purely as a survivor. The dash and pad are excellent, and the carpet is exceptional for its age. The winning bidder slips behind the wheel of a car with a couple of interesting and desirable factory options. The most obvious are the console and AM radio. However, the tilt-away wheel is a genuine surprise. The seller says this operates more freely than they would expect, suggesting there may be latch wear requiring attention.

This 1968 Mustang is a dry-climate survivor that has attracted thirty-four bids since the seller listed it here on eBay in Scottsdale, Arizona. The action pushed the price to $11,000, but unsurprisingly, this falls below the reserve. There is plenty of time for the situation to change, and I believe it probably will. What would you consider a fair price for this classic? Are you tempted to join the bidding party, or will you sit back as an interested spectator?

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Comments

  1. CCFisher

    Nice find! The J-code 302 was the strongest small-block available in 1968, and only 1968.

    This is a nicely equipped example. The chrome moldings at the base of the C-pillar indicate that it once had a vinyl roof, and I suspect it originally came with fancier wheel trim than the dog dish covers it wears now.

    Like 4
    • scottymac

      The ’68 J code heads on mine had “4V” cast on them. Was never able to discover if they had bigger valves or ports, or higher compression. Enlighten me?

      Like 0
      • z28th1s

        The J code heads had the same size valves. They had smaller combustion chambers to bump the compression up to 10 to 1.

        Like 1
    • 19sixty5Member

      I noticed the moldings at the C pillar also. Did Ford offer different painted roof colors or only vinyl tops?

      Like 0
  2. Big C

    That is definitely not a Mustang red. Not a bad coupe. But these are still plentiful. The dealers are asking crazy money now, so if you could get it for under $15,000, I’d say it’s a good deal.

    Like 3
  3. Bob_in_TN Bob_in_TNMember

    I like it. Maybe it’s the red paint, but this coupe pulls off the white-letter-tire/ dog dish hubcap look very well.

    Like 2
  4. Kenneth Carney

    If I were looking for a Mustang for my
    niece, this is what I’d choose. Her Mom and I were looking for a car for
    her a few years back and after viewing many cars, we both agreed that a Mustang like this would make
    a great daily driver for her. At least it’s waaay cheaper than the $48K
    used Tesla she wants!

    Like 0

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