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Rolling Project: 1968 Ford Mustang Fastback

By 1968, the pony car market that Ford is credited with starting was flooded with competitors, and yet the Mustang was still the best selling of the genre. One similar in appearance to the example seen above, albeit in good condition, would be featured in one of the film industry’s greatest car chases, Bullitt, with Steve McQueen. This Mustang rolling project was a gift from the seller’s grandfather that has become a bigger project than his time and budget allow, so it’s available here on eBay for someone else to complete. Located in Newaygo, Michigan, the current bid is $15,600.

Unlike the car from the movie, this Mustang isn’t a GT, doesn’t have a 390 under the hood, and has not been modified for stunt scenes. It looks like an ordinary fastback that was one of 35,585 built for 1968 out of 317,404 total cars. It had a C-code engine, which means the basic 289 cubic inch V8 with a 2-barrel carburetor that put 195 hp and was paired to an automatic transmission. Neither are still in the car but sitting nearby to move to a new home when the rest of the car does. At a reported 47,000 miles on the odometer, we’re guessing that they haven’t been taken apart yet to be rebuilt, so that would be an item for the buyer’s to-do list.

We’re told this car currently has a 9-inch posi-lock rear end in the back and a spare 8-inch will come in the deal. Since the vehicle is in a state of disassembly, we don’t know the status of things like the wiring harness, so this car is akin to working with a clean sheet of paper. The interior is out of the car and presumably complete, but not perfect. The bucket seats, for example, will have to be recovered and one of them looks misshapen. There is light coming through the floorboards, so while some work looks to have been done in that area, more will be needed before putting the old pony back together again.

The Mustang appears to be wearing an older coat of Lime Gold paint (or something similar) as you can see red primer below where the finish has flaked off. One way to distinguish a ’68 Mustang from a ’67 is the former has side marker lights. We see them on the front, but not the rear, which suggests some rear quarter panel work has been done, and they were filled in. We don’t see the hood or trunk lid in any of the photos, but we assume they are still around.

Finishing projects that have already been started are always more challenging because you must make assumptions about what has/has not been done and where stuff is. When completed, this is likely a Ford that Hagerty could peg at up to $30,000 in terms of resale value. But it’s a project not to be taken lightly if you think you might find yourself time and budget-constrained. Paint it dark green, drop a 390 in and tell everyone you’re Lt. Frank Bullitt’s younger brother!

Comments

  1. Avatar photo Nevadahalfrack Member

    So the big question here-bid up this partially disassembled partially matching numbers with the possibility of latching onto it for less than the other ‘68 listed earlier here (running but with no mention of original drivetrain validation) or just go with the one that is running but still needs a lot of work.

    On the other hand, they’re both far and away better than this deal, also on eBay..
    https://www.ebay.com/itm/1969-Ford-Mustang-/303955836863?_trksid=p2349624.m46890.l49286

    Like 1
  2. Avatar photo Dirty Harry

    No thanks.

    Like 1
  3. Avatar photo XJSLord
  4. Avatar photo CCFisher

    At first glance, this appears to be one of the “Rainbow of Colors” promotion cars, but upon closer inspection, it appears to be a reasonably thorough color change to a non-standard color.

    Like 0
  5. Avatar photo Vance

    Does anyone know if the flat black on the rear turn signal assembly was factory painted? My sister owned a 1967 Mustang convertible that was done that way, it was my first car after she beat the sh*t out of it. Thanks for the help.

    Like 0
  6. Avatar photo Hemidavey

    I think you can buy a really nice driver for 40,000. You would have way more than 40k into it to make it nice. I guess the good thing is the buy in may be low so a fellow can do a bit at a time. I’m 60 and would go get a loan and start enjoying a Fastback Mustang next week. I’ve restored cars and love the work but two years of labor and a messed up garage…

    Like 0
  7. Avatar photo Grumpy

    GT valence and flip down gas cap.

    Like 0
  8. Avatar photo Jon

    I like this one. Good project ! Can’t beat a pretty solid 68’ Fastback $$$$
    $16,000 with 4 days left….

    I’m Guessing it’ll go for $25-30,000

    Like 0

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