Wearing an inspection sticker from 1981, this 1966 Mustang GT in Perkiomenville, Pennsylvania would have surely been worth saving then. In those pre-Internet days, rolling a car like this out of a dusty garage into the summer sun would have been akin to cracking open the Ark of the Covenant. After all this is a Mustang with the attractive and valuable fastback body, with a V8 engine, nearly complete, with the upgraded interior. Thirty-six years later, though, the listing here on eBay screams “Wait a week and a you’ll see a better one!” At present, one bid has set the market value at $6500.
As you might expect from a long-idled car from the Keystone State, everything but the glass shows signs of rusty decay. Take heart, though; the seller reports that the roof is good!
According to the 1966 Mustang Brochures available at oldcarbrochures.com, this Mustang’s “Rich Interior Decor Group” includes unique embossed seat inserts, built-in arm rests, extra lights, and more! The “Woodlike Deluxe Steering Wheel” adds additional luxury.
A monochrome brown engine compartment further multiplies the expectations of labor required to create a vehicle from this mass of contiguous parts. The data plate decoder at 66mustang.net describes basically what you see here… one ’66 Mustang Fastback 2+2 with the 225 HP 289 cid V8, C4 automatic transmission, 3:00:1 rear axle. The Sauterne Gold paint with Ivy Gold and White Luxury Interior would have made one sweet ride back in ’66. Unless it breaks in half due to structural rust, someone will restore this Pennsylvania Pony Car. How much beyond $6500 would you pay for the chance?
The good: ’66 Fastback body style, pony interior, 289.
The bad: Rust, and lots of it. No clear picture of the front sub frame, floors and torque boxes, so have to assume those are in tough shape.
Still, these bring some serious $$ when restored. Hopefully into won’t turn into yet another Eleanor type clone.
You are right, no clear pictures of the undercarriage speaks volumes.
The seller even says so in the first line of his description, “the pictures speak for themselves”, so does the lack of pictures of key areas.
Luckily Eleanor clones have faded in popularly just like Nicholas Cage and Angelina Jolie’s movie careers, so it wouldn’t likely end up as one of them even if it was a 67 or 68.
Steve R
-$3500
You mean they pay you, I mean me, $3500 to take it away?
I’m in!
Contiguous parts? Indeterminable. It has one of the best “dicks breaks” pedals I’ve seen in years.
It might take a little bit of isentropic lifting to get it onto a transporter. This car will require an insufferable amount of work, but they aren’t getting more plentiful.
I’d use OEM Frod parts on it, contiguously, and indubitably.
Man!, now dat is sum speechifying!
Speakulizin’. Todd had to whip out the ‘c’ word on us.
I used to visit a guy in a town where I used to live who R&R’d the bodies of Mustangs and similar cars like this, at least 2 a year, sometimes more.
You’d visit his shop and he would be cutting, or welding, or hammering pieces of bodywork all the while he was talking to you. And he was at least in his 70s. Did that year after year, for reasonable $$.
That’s a guy who might actually be able to save this Mustang GT. But in my experience guys like that are ultra scarce.
Don’t forget to get a tetanus shot before you get close to it…..
A fool and his money soon part. The restoration on this bucket would far exceed its value. You could do the Fred Flintstone when you have to stop. This is not a hard car to find, they are several on any of the various internet sites, cheaper to buy in this case. But hey, to each his own.
Even if you drove a Dynacorn body under it – I’m not seeing 6500 here. You would be buying a memory – not a car.
I guessdifferent areashas a lot to do with prices. No more then few weeks ago a 66 fastback 289 4 speed 5 miles down from my house with no where near this rust not even half was sold for 3800. The seller was happy the car had set for 20 years and the buyer was happy. He didn’t get robbed and has a chance to bring a beautiful car back to life. Im located in NW GA.
Wish I had that steering wheel!😎
It would probably cost $1k+ to restore that steering wheel though
They are repopping the Woodgrain wheel and depending on who you ask, its a nice wheel.Nice used ones and restored ones are nowhere Near a grand.
I saw some 65-66 Rustangs go thru Me-Cum auction last night, I was surprised how cheap the were, even a 66 gt. Of course they may have been Mud queens- but when u see this and look at what you can get a turn key car for, why would you bother with something like this. BTW Cars like 62 impalas, 61impala conv, were all way low and the majority didn’t sell. I hate the hype and drama that they inject into these auctions, but it may be a barometer of how the market is going.
A GT fastback with the deluxe interior? My bet is that this one will be saved. Reproduction panels are cheap and plentiful. Repair procedures are well-documented. Someone will buy this and perform a DIY restoration and end up with a nice, cruise night Mustang.
If I can resurrect this one at age 19, thir…. never you mind… years ago, this one can be saved.
After thir…. never you mind…. years, still going strong!
Nice car, CC
Impressive.
Now I know where the wheels on 50 Cent’s donked Pinto ended up :)
I had stock ’68 styled steel wheels on it for years, until I converted to disc brakes front and rear with Granada and Versailles parts. The stock wheels no longer fit. On Mustangs with stock control arms, 17″ wheels are easier to fit than 16″ or smaller wheels. The ball joint ends up inside the wheel, allowing a wider wheel. Smaller wheels contact the ball joint and require spacers or negative offset, both of which result in an awkward, crab-like stance. Besides, 50 Cent’s shopping cart has bigger wheels than my Mustang ;)
Automatic? Fifty quid. 75 if you want the authentic Ford rust sweepings too…
I paid $10,000 running, took another $3000-4000 to sort and upgrade wheels, these cars are a lot of fun!
Well, the money is paying for celebrity owner status…..I believe it was owned previously by Aqua-Man and they found it in his barn at the bottom of the sea!
The thing is 66 fastback production was half of 65, and it is a GT. Still i wouldn’t think much more than 6500. Lots of work here.
You’d want to be good at metal work for this one, first things first pull the interior and weld in body braces. Than strip it down and media blast it. I’ll bet that the required panals aren’t any more than $3k. There are guys that will buy this just to do the metal work. There good at it and are in it for the project not necessarily the investment. If you knew how to do this the fab work would go fairly fast. Than its just a mater of going through the mechanical stuff. From what I can see of the interior it looks like a lot of it is reusable. If you set yourself an annual budget and spent 5 or so years building it back up I think it is possible to be Joe DIY gay and have a very cool mustang.
Lots of rust. Look at the trunk pictures. Mostly a parts car!
Sad pony .
I would not even pay 500 bucks
Parts car
Before muscle cars got “hot” on the collector market years ago the early Mustangs already had a well established following of collectors, clubs, reproduction parts, etc… Seems strange to me that there are still desirable old Stangs such as this GT out there rotting away, at the very least a parts car for all the restorations that have been done over the years…decades(?).
I bought a 66 fastback from California that was in a friends basement from 1975 until 2012 56k miles nice to get but brakes engine transmission were bad. But having a great body makes it all goood not to mention original ford metal!
Having restore the 66 convertible in better shape than this one but not by a lot there is no good way to do a partial job. Once you take it all apart to find out where the bad places are and there will be a lot of them. If you can do all of the metal and engine work yourself I would estimate that you can easily spend between $30 to 40k on parts and material and 3 years of time. It really needs to be a labor of love. Every bit of interior, wiring, brake system fuel system is trash as is the engine and trans. Everything else will need to cleaned, repaired/replaced and refinished. Guaranteed.
This reminds me of the one that got away from me back in the early 80s. It was an early 64.5 coupe and it was a lot worse than this one. I still have the pics somewhere.
The only reason that I wanted it was that it was built on day #1 of Mustang production and was VIN # 100255. Since Comets, Falcons & Mustangs were built on the same assembly line and shared VINs, that coupe could have been #5, #25, #100, or whatever but at the very LATEST it was #255. It was a 64.5 only color (Guards blue), 170 cid 6, 3-speed manual, AM radio, heater car and partially stripped/completely rusted but I think that *day #1 of production* status would have made it worth restoring. For better or worse the owner of the yard where I worked scrapped it while I wasn’t looking.
I think I saw this car 10+ years ago. It was sitting in a partially open area under a barn. Was covered up but still easy to see it was an early fastback. It was in plane sight, almost at the edge of the road and even then looked like it hadn’t moved in a really long time. I am sure plenty people tried to buy it, shame it wasn’t sold to a good home back then.
Dang…is that a factory AM/8 trac ? My dad took rust free shells uo North after he retired starting about 1978 or so…stripped shells with all the good fenders and bare doors loaded up….did plenty of trips back in the day. He made a dolly trailer to haul a load – just a shell and sheet metal….and it broke down to load back into his truck for the way back.
Have to find some old pictures…..
So a V-8 GT Gold and Light interior Fastback. $6500 for a data plate, $16,249.95 for a Dyncorn body shell, $5,000 for serious paint job, $1200 – $5,000 for engine and tranny rebuild, $10,000 for interior and other tender bits. So $42,000 say and you to can have a brand spanking new 66 Fastback if ya do it right. Now if you were well trained and had an awesome set of tools and a place to use them. Then maybe you could do all of that for half. This car does look complete as in it has everything but the hubcaps. I can’t believe this heap sold for $8100 and change. Wow