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Rescued Pony Car: Mustang GT 390 Fastback

I’ve often thought, too bad cars aren’t more like human beings. For the most part, if we get a scratch, cut or minor injury, the body heals itself. Unfortunately, that’s not the way cars work. Instead, they require, just like our bodies sometimes do, minor and sometimes major operations. But all is not lost on this unique 1967 Ford Mustang GT 390 Fastback. Barn Finds reader Fred H. alerted us of its rescue here on MSN Auto.

There’s quite an interesting story of how Wayne Kaiser was able to obtain this car, complete with a video telling the story. After a four year period wondering how he could get the car, just last month Wayne heard that the owner had died and the widow was ready to sell it. He was able to purchase it for $7,500.

I’m not sure if those seats can be salvaged, but look good in the picture except for a sizable rip on the driver’s seat. There are some parts missing such as a door panel, but at least it doesn’t appear rodents have damaged the interior. This shows that the GT has a 4-speed transmission.

As a 12-year-old car enthusiast, I had a large model of this very car (and still have it) that could only be purchased at the local Ford dealer. It’s this same color but with bodyside white GT stripes and it could go forward, reverse and operate its headlights and taillights. This is not a picture of mine, however. I looked for it and it wasn’t where I thought it was, so I found this picture online of one in much better condition than mine.

Sometime in the early 70’s, the car developed a ticking lifter. The original owner parked the Mustang and removed the rocker covers and pulled the lifters, intending to get it repaired. But as so many of us experience, life got in the way and it sat until his death in this condition. Unfortunately, it was stored outside for 45 years which didn’t help keep it in what would otherwise be good condition. Do you think Wayne got a good deal on this car? It should be interesting to see what this 1967 Ford Mustang GT 390 Fastback will look like and be valued after its restoration.

Auctions Ending Soon

Comments

  1. Classic Steel

    Yes and its a better deal than theo over priced non GT.

    I like to see sensible priced cars get restored .

    I have a 67 mustang vert with Shelby trunk , scoops and sequential Shelby lights. I built it from the grave with a welder all new panels and torque boxes etc. and tools to rebuild engine and drive train . I farmed out the paint after priming and prepping etc.

    Kudos to owner in his find !

    Like 21
  2. Rob John

    This will be a labor of love. I can understand why, thanks in advance for saving her.

    Like 13
  3. brettucks

    He got a good price. Im hoping the engine can be saved but the 390 is one durable engine. Car looks very solid. Hopefully this car has the power front discs (I think the GT’s had them).

    My favorite mustang bodystyle- the fastbacks I see usually go for $12k and up for a shell (rust free arizona), usually without a drivetrain.

    Best deal I ever got was for a 67 notchback gt original 390 car without the drivetrain for $75 in 1988. I was in high school but soon mom had to sell it to make ends meet .

    such is life

    Like 9
  4. Jimmy

    Most of the bones look good but sitting low in that dirt I would hope the rear frame rails / trunk are still solid metal. going to cost quite a bit to get it show ready but these fastbacks are very desirable cars. Good Luck to the new owner.

    Like 4
  5. JamestownMike

    He STOLE it for $7,500! A nice SHELL is at least $10k!

    Like 8
  6. Mountainwoodie

    You dont know how happy it makes me to read the phrase “ticking lifters”………….instead of “throwing codes”.

    Sweet car!….someday and many pesos later.

    Like 26
  7. Jbones

    Hope he’s keeping it and not flipping it!

    Like 4
  8. I. Fish

    Digging the up top, dash mounted, 8 track player!

    Like 1
  9. CapNemo

    An honest thank you for referring to the door panel as a door panel.

    Like 17
  10. Wrong Way

    Heck yes he got a great deal! After restoration it will easily bring 6 figures if the restoration is done correctly! Concourse restoration is a must on this stallion!

    Like 1
  11. Steve H.

    Either concourse resto or Bullitt clone. Myself, I would love to build a Bullitt homage car. The fastbook Mustangs of this era are absolutely gorgeous in that Highland Green.

    Like 7
  12. ACZ

    I hope the guy is a good welder. If not, take lessons first. This one will need a lot of love but will be well worth it. This car really deserves to be saved, not flipped from garage to garage.

    Like 1
  13. 4504 Member

    I think he got a good deal on it, just going to take a lot of $ to bring it up, like every other project car in the world. But not bad for $7,500, he can put like 10-20k into it and have a car worth much much more than $20-25k.

    Like 1
  14. 4504 Member

    I know this comment may be out of line, but what about checking the orbits in the paper and asking the widow at the funeral if her dearly departed has a project car she wants to get rid of. ok, even I would not sink that low, so it’s just a bad joke…

    Like 1
    • glen

      Change your name to Dr. Evil!

      Like 0
  15. Karguy James

    A deluxe interior car too. I have sold just the front seats like these for $1,000. The tranny alone is worth over a grand. Nice score.

    Like 2

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