R-Code Barn Find: 1970 Ford Mustang Mach 1

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The slogan might have been around before this time, but Ford featured an ad campaign in the late sixties calling many of their products “better ideas”, and one of the company’s best better ideas was creating the Mach 1 package for the Mustang, which made its debut as a 1969 model.  The car proved so popular that Ford scrapped the GT option at the end of that year for more than a decade, as only 5,396 found buyers, compared to 72,458 sales of the Mach 1 during its inaugural year.  It’s a project, but this 1970 Ford Mustang Mach 1 here on eBay has plenty of positives, so if you’ve been searching for a muscular pony car to restore, it’s probably worth a look.  Located in Riverside, California, the seller has set his buy-it-now price at $48,500.

We get a Marti Report provided here, but unfortunately, it’s a bit blurry and hard to read, even when you attempt to enhance the photo.  However, the text is clear enough to make out the R-Code, indicating this one left the factory with the coveted 428-4V Cobra Jet Ram Air setup under the hood, which the seller indicates is numbers-matching.  He also states that the car had been in an enclosed garage and off the road since the eighties, but with a new battery and some starting fluid, the monster motor is said to be running well, that is if you continue to spray the liquid life support down the carb.

The report also verifies that the Mach 1 was originally painted yellow, with some remnants visible in a few spots, such as here inside the trunk.  There’s no mention of when the color was changed, but the owner does say this one is a rust-free California example, and although I’m spotting a few minor body blunders, things appear to check out OK in the no-corrosion department.

Looking inside, the interior seems pretty much complete, with a couple of visible aftermarket items added, such as a column-mounted tach and possibly a Grant steering wheel.  Down below is an area that scores big points, as the platform appears solid, leading me to believe this one’s at a good starting point structurally to make it a worthwhile restoration project, along with having a desirable drivetrain.  What are your thoughts on this 1970 Ford Mustang Mach 1?

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  1. Rickirick

    70 my fave year. This one overpriced imo. Seller selling on 428CJ engine & rust free highlights alone for 50g’s. Should run w/o starting fluid for that $$$. Turn key period. Engine mileage on ebay is 999,999. .Huh? Unknown? Needs rebuild? Certainly needs paint job according to Mike’s description. Lotta ?’s on this one.

    Like 12
  2. TorinoSCJ69

    Look at that junk trunk !
    Remnants of heater duct assembly in that mess?

    The heater core bi-passed and engine should start without starting fluid.
    Looks like replacement Holley with that chrome nonstock dual feed line.
    Need more details, engine details.

    Like 3

      It is not a heater duct. That is a part of the California only 1970 emissions system.

      Like 1
    • Kevin james

      So close yet so far away,50k and can’t even take it for a short ride ? wrong paint ,bad investment at high price sorry I am outta here …

      Like 1
  3. Dan

    Another R-Code! Unfortunately this one is far from perfect and to get this one to that point will cost another $15000. Way overpriced, given what I’m seeing now.

    Like 6
  4. JCH841

    As noted, the Mach 1 killed the GT. But with a fuel system issue and a well loved interior, at $48,500 he’s sniffing that starting fluid!

    Like 9
    • Eddie

      $48.5 unrestored! No way!

      Like 1
  5. Merc Marauder GuyMember

    Although the Marti report is hard to read, it’s a paint swap car(yellow from the factory). Yep, over priced… it needs everything but sheet metal, and that rust free claim is from the opinion of the owner(does have a dent in the right rear quarter panel).

    Like 4
    • John Mathenia

      An old pony for sure , very rough and pricey , new buyer better have lots of money and again this current buy price is WAY OVERRATED , having many Mustangs and Cudas myself in past years . Good luck to new owner.

      Like 1
  6. Nick Dechant

    The owner says no rust. How about the trunk on the passenger side. Or am just seeing things 🤔

    Like 6
  7. HBC

    Little on the tough side! Needs work, Pricey!

    Like 3
  8. GT500

    This car was on Craigslist for $39k less than a month ago. This seller is just a flipper.

    Like 3

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