The owner of this 1965 Mustang Convertible uses the car for a spot of relaxed weekend cruising, but after a year of ownership, he has decided to part with the car. It shows a lot of promise as a restoration project, and the fact that it can be driven and enjoyed immediately is a real bonus. The Mustang is located in Peabody, Massachusetts, and has been listed for sale here on eBay. Bidding has reached $4,350 but the reserve hasn’t been met. Being a relatively early 1st generation Mustang Convertible, it has managed to generate a reasonable amount of interest. There have been 13 people who have submitted bids up to this point, while 96 people are watching the listing.

The Mustang has received a repaint in its original Caspian Blue at some point in the distant past. It remains relatively presentable at this point, although there is some rust starting to show in the rockers. The photos make it hard to see if there are any other rust issues, either externally or hidden under the car, and the owner doesn’t mention any problems that would need to be addressed. He does say that the doors open and close easily, and with all of the panel gaps looking nice and consistent, this hints at the fact that the Mustang might be structurally sound. The vehicle also features a White power top, and while it operates as it should and the frame is in good condition, the original vinyl will need to be replaced. All of the external trim and chrome appears to be in good condition, and it looks like all of the original hubcaps are present, and are free of damage.

The interior of the Mustang remains serviceable, but it will need restoration at some point in the future. There is an aftermarket radio/cassette player fitted into the dash, but the rest of the interior appears to be original. With so much of the upholstery showing its age, the most sensible way to tackle the interior would be to source a trim kit. For the Convertible, a kit can be sourced for around $650 and should have the interior presenting very nicely. At that price, you won’t receive a dash pad, but these can be found in the correct color for around $225. When you think about that, whipping the interior into shape for under $900 sounds like a pretty fair deal. Even better, the work can be performed at home by a competent person, and I can vouch from personal experience that there are few things that are more satisfying than to step back and admire your work once a new trim kit has been installed.

Powering this Mustang you will find the T-Code 200ci 6-cylinder engine, which is backed by a 3-speed automatic transmission. It isn’t clear whether these components are original but given the fact that the owner uses the car on a regular basis, it would seem as though they are in good health. He does say that the brakes and tires are in good condition, and also floats the idea of the next owner upgrading the drivetrain. This is a pretty easy task, and unless the next owner is fixed on maintaining the vehicle’s originality, it could be a pretty decent sort of investment. Of course, the next owner might happen to have a larger engine and different transmission just laying around in their garage, which would make this a very tempting path to explore.

If this Mustang Convertible is as solid as it would appear to be, it really doesn’t look like it will take a lot of work to return it to its best. It can be driven and enjoyed immediately, meaning that with Summer just around the corner, it could provide plenty of enjoyable motoring for the next owner during those warmer months. It would be tempting to make the most of that and to then tackle the restoration as a project for the following Winter. The hardest decision would be to contemplate what would occupy the engine bay once the project was complete. What would you slot in there?