It is almost certain that nobody at Ford had any idea how successful the Mustang would be when they unveiled it in 1964. Perceived as a niche model, Ford found buyers for 559,451 cars in 1965 alone. That tally would rise further in 1966, tapering as production finally ground to a halt in 1973. This 1965 Convertible is a perfect example of the breed and is a genuine survivor featuring its original paint. It isn’t perfect, but a new owner could address what are minor needs to lift its presentation without spending a fortune. I must say a big thank you to Barn Finder Zappenduster for spotting the Mustang listed here on Craigslist in Pleasanton, California. You could fly in and drive it home after handing the seller $19,500.

It is funny how some paint shades seem to define particular classics. There is something inherently “right” about finding a Dodge Challenger in Plum Crazy, and the same is true for First Generation Mustangs ordered in Rangoon Red. The color wasn’t exclusively available on Ford’s pony car, but it added a further layer of visual excitement to even the most basic Mustang. This ’65 Convertible wears that shade, with the seller claiming that the paint is original. Only an in-person inspection would confirm this, but the overall presentation is noteworthy if that proves the case. There are no major visible flaws or imperfections, and the panels are straight. The seller doesn’t mention the presence of rust, and if the car has spent its life in California, it may have avoided the problems that often beset these classics. The White soft-top has seen better days, with the seller admitting that the new owner will probably need to splash around $460 on a replacement fairly soon. The trim looks acceptable for a survivor-grade vehicle, and the glass is clear.

The first owner’s decision to order this Mustang with an interior trimmed in White guaranteed a bold visual statement. The seller confirms that it recently received new carpet, but does not state whether there has been any other restoration work. It generally looks quite tidy, with no evidence of stains or “yellowing.” It is disappointing that both front seats have developed seam separations, because the remaining vinyl looks remarkably good if it is original. The dash houses what I believe to be a retro-style stereo, and there is what appears to be an under-dash air conditioning unit. However, the engine bay shots reveal no evidence of A/C hardware, so that is a slight mystery.

This Mustang probably represents a triumph of style over substance, courtesy of its mechanical specifications. Its engine bay houses the 200ci T-Code six, delivering 120hp and 190 ft/lbs of torque. The first owner teamed the six with a three-speed automatic transmission, meaning that this drop-top won’t frighten many people at the local drag strip. However, it should cope happily with heavy traffic, and cruising at freeway speed shouldn’t pose many challenges. It was common for owners to perform a V8 transplant to improve performance, and, with parts available off the shelf, that is an option that some might consider. The new owner won’t need to rush that decision, because the Mustang has received plenty of mechanical TLC to ensure that it is in excellent health for the new owner. Parts replaced include the carburetor, air cleaner, sender unit, starter, plugs, and wires. It also received a fluid change and is ready to hit the road with the buyer behind the wheel.

This 1965 Mustang Convertible isn’t the most powerful vehicle on the planet, but for open-road touring or comfortable beachside cruising, it would be the perfect weapon. The new owner could opt for preservation, or they could follow the path chosen by many, slipping a V8 under the hood to unleash improved performance. Regular readers know my preference for originality, although with such high production numbers during the 1965 model year, it isn’t as if the buyer will be molesting an ultra-rare classic if they elect to perform a transplant. Would you follow that path, or would you enjoy this Convertible as its makers intended?