Parked in 1995: 1970 Ford Mustang Fastback

This 1970 Ford Mustang Fastback is an authentic barn find that the previous owner parked in 1995. It looks sad, but its condition would seem to be better than the photos suggest. It needs a new home and an owner who is willing to return this classic pony car to its former glory. Located in Elk Mound, Wisconsin, you will find the Mustang listed for sale here on eBay. Bidding has reached $5,950 in a No Reserve auction.

When you see a Mustang with this amount of visible external rust, it makes you wonder what might be hiding beneath. It seems that the news isn’t bad because while there is some rust in the ends of the rear frame rails and the rear of the front frame rail on the passenger side, the car does seem to be structurally sound. The torque boxes look clean of anything beyond surface corrosion, while a previous owner has replaced the front floors. There is plenty of external rust for the next owner to tackle, which has impacted many of the body’s lower regions. These areas include the quarter panels, rockers, and the bottom corners of the doors and front fenders. The rear bumper is missing, and the buyer will probably want to restore the front one. The tinted glass is in good order, while the wheels and center caps look close to perfect.

The seller has coaxed the Mustang to life, and as you will hear in this YouTube video, the 302ci V8 sounds clean and crisp. Bolted to the back of the V8 is a 3-speed automatic transmission, while the Mustang also features power steering. The 302 should be capable of producing 220hp, and in concert with the automatic transmission, would be capable of sending the vehicle through the ¼ mile in 16.4 seconds. I will admit that this doesn’t make it the fastest Mustang on the planet, but a smart owner could potentially extract some better figures from this classic easily and without breaking the bank. The Mustang runs and moves, but it isn’t a roadworthy proposition, with the brakes being virtually non-existent. The car will also need some work on the fuel system because it won’t pick anything up from the tank. If I were to buy this classic, I would be pulling the motor as a matter of course. Both it and the engine bay need detailing, and this would be the best way to achieve a high standard of presentation when the restoration is complete.

There’s no disguising the fact that this Mustang has an interior that has seen better days. The upholstery has deteriorated beyond help, while some of the plastic trim is only fit for the nearest rubbish skip. I know that some of you will think that I sound like a parrot, but the best option here would be for the buyer to lay their hands on a trim kit. For a 1970 Mustang, they would be able to find a high-quality one for under $1,700. However, that person will still need to outlay a further $650 for a console because the one in the car looks like it has reached beyond the point of no return. The factory radio is missing, which means that someone will need to choose what will slot into the hole in the dash. One plus point is that the original owner ordered the Mustang with air conditioning, and most of the hardware appears to be intact.

Classic Mustangs can be like icebergs, with the majority of the nastiness hidden below the surface. More often than not, these are the sorts of issues that will inflict damage on a buyer’s wallet. This one has been sitting in a Kansas barn since 1995, but it appears that the seller has recognized the potential that it has. I’m not surprised that there have been 20 bids at this point because 1st Generation Mustang project cars are highly-sought by eager enthusiasts. The market has been a little bit strange over the past 12-months, so it is difficult to predict where the bidding will go on this classic accurately. That means that this could be a listing that would be worth watching unless you plan to take things a step further by joining the bidding party. Do we have any takers?