Parked in ’77: 1965 Ford Mustang GT Convertible

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This 1965 Ford Mustang GT Convertible proves fantastic classics are still hiding in barns and sheds, just waiting to be liberated. A previous owner parked this gem in storage in 1977, and it only recently emerged into the light of day. It underwent a color change at some point, but its seemingly solid nature would make returning it to its original form straightforward. The GT is listed here on Craigslist in Worcester, Massachusetts. The seller has set their price at $29,999, and a big thank you must go to Barn Finder Mitchell G. for using a finely-honed classic radar to spot this beauty.

This Mustang’s history is unknown beyond the fact the previous owner placed it into storage decades ago. However, some points can be confirmed. The Wimbledon White paint gracing its panels isn’t original, with the Data Plate indicating it rolled off the line resplendent in Caspian Blue. The work quality is lacking in a few spots, which may prompt some potential buyers to contemplate a repaint. If they do, it would be the ideal opportunity to reinstate the original paint shade. The photos are limited, but they suggest this classic could be rust-free. That would be a bonus for the new owner, making any potential restoration work straightforward. The panels are straight, and the car retains the correct badges, grille, and foglights you would find on a genuine GT. The White soft-top shows no signs of rips, and the back window exhibits only slight cloudiness. The trim is in good order, and the factory hubcaps are sitting in the trunk.

The VIN and Data Plate confirm the original owner ordered this Mustang with an A-Code 289ci V8 backed by a four-speed manual transmission and a 3.00 rear end. With 225hp and 305 ft/lbs emanating from the A-code, the journey down the ¼-mile would have taken 15.8 seconds. If the driver didn’t lift the right foot, the needle would eventually stop at 123mph. Plenty of regular family sedans can achieve that figure today, but it represented a rapid wind in the hair motoring experience in 1965. After decades in storage, the seller worked through a thorough revival process with this classic. They repaired, rebuilt, or replaced the brakes, fuel tank, fuel pump, carburetor, battery, tires, points, plugs, caps, and rotor. The fruit of their labor is that the car runs and drives like new. If the buyer wants to fly in and drive it home, that appears to be a realistic option.

The original owner ordered this Mustang with a Parchment Pony interior, and it retains that feature. The supplied shots confirm the interior was pretty dirty when the seller located this classic, but it has responded positively to a deep clean. It may require a repeat performance in areas like the seat seams, but that would be a rewarding way to occupy some time. Otherwise, the presentation is very acceptable for a driver-grade vehicle. There are no aftermarket additions and not many optional extras. The factory AM radio occupies its rightful place in the dash, and the car features the ultra-cool and desirable Rally Pac gauges.

If this 1965 Mustang GT Convertible’s new owner wishes to drive and enjoy this classic immediately, that is a viable choice. Its seemingly rust-free state makes performing a light cosmetic refresh seem straightforward, providing the opportunity to reinstate the original paint shade. If considering this car as a long-term investment, that could be a wise strategy. If the buyer chose that path and performed the work to a high standard, it would be a $45,000 car any day of the week. The seller’s price leaves room to move before it becomes financially questionable, meaning it would be worth the cost and effort. Do you agree, or should the new owner leave it untouched?

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  1. CooterMember

    If I were in the market for one of these, I’d go ahead and give the BIN price. This is very well preserved and as Adam stated, will yield much higher return. I hope the new owner restores it back the original color.

    Like 12
  2. Timmy VMember

    This car was featured here on May 2 for $34,000. Maybe prices really are coming down. Could be a real GT. The 1966 instrument panel is correct for a ‘65 GT, and there are some other telltale signs but I forget what they are.

    Like 6
    • Jarvis Faught

      Front Disc Brakes.My 65 GT Convertible had the 271 HP MOTOR..Called HiPo.

      Like 0
    • Christopher Gentry

      I know it’s not original. I totally get that. But this is my favorite color on the 65-66.

      Like 1
  3. Timmy VMember

    Potential buyer might want to see this.

    Even if it’s not a real GT, in this day and age $30,000 for an A code convertible that goes and stops and isn’t eaten up with rust seems reasonable. Of course I’m old enough to remember when $30,000 would buy you a Pebble Beach trophy winner.

    Like 1
  4. James Quinn

    Rally Pac is from a 66.

    Like 2
  5. Barry

    Thank you for your comments. And Mitchell g for posting this is a real gt now runs and drives great I have lowered the price to 29999 from 35 for a quick sale as posted on cl I can be reached by responding to the cl add. Thank you all there were 3 in the barn stored since seventys all converts one a 67 6 cyl priced at 20000 and a 64 1/2 289 2 bbl big horn at also 29999 please email for more info

    Like 5

      Hi Barry, please send some pics of the 67 6 cyl. Please also advise if the car can be exported out of the USA into Europe. I am located in Malta.

      Like 0
      • BARRY

        Car can be exported has clear title thanks barry can send pictures only by text thanks barry

        Like 1
      • Barry

        It can be exported without any problems best check with customs for any restrictions I can’t send pictures through this site best text barry

        Like 0
  6. grant

    It looks solid, but a New England car that’s been stored for 45 years? Put it on a lift and grab a dental pick first.

    Like 1
    • Barry

      Thanks Grant

      Like 0

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