Part of the secret of the First Generation Mustang’s success could be attributed to its stunning styling. However, it was the sheer variety of options that cemented its place in automotive history. Buyers could order a car with stunning performance, but those on a budget could buy into the lifestyle by specifying a more sedate vehicle that didn’t break the bank. That philosophy is perfectly demonstrated by this 1966 example. It is a genuine survivor that has avoided the rust that often plagues these classics. I must say a big thank you to Barn Finder Randy J for spotting this gem listed here on Craigslist in Deltona, Florida. The seller set their price at $17,900 for a car that is a turnkey proposition.
Ford was smarting following the failure of the ambitious Edsel experiment and was naturally hesitant to push the boundaries with a new model in the following years. However, Lee Iacocca saw the merit in the Mustang concept, convincing Henry Ford II to greenlight the project. This proved an inspired decision because few cars have created such an impact upon their release. Our feature car rolled off the line in 1966, finished in subtle Wimbledon White. The seller doesn’t mention a restoration history, suggesting that this could be a genuine survivor. Its condition is noteworthy if that is true. They describe paint that “shines with luster,” and while that expression is slightly awkward, it also seems apt. The panels are straight, and the underside shots seemingly confirm that this Mustang is rust-free. The trim and glass are in good order, and the wire wheel covers and narrow whitewalls add further to this classic’s visual appeal.
This Mustang’s interior is slightly mixed because while I believe that most of the Red vinyl trim is original, the slight color mismatch between the front seats and the rest of the interior seems to suggest that these might be wearing new covers. Beyond that, there is an aftermarket stereo occupying the space typically reserved for the factory radio. The overall appearance is acceptable for a driver-grade classic, with no gaping holes, rips, or evidence of UV damage. The first owner didn’t add many optional extras, although the console lifts the appearance to a higher and more luxurious level.
Lifting the hood reveals the secret to the Mustang’s success. Many buyers ticked the box on their Order Form for one of the optional 289ci V8s, providing better-than-average performance. However, this car’s first owner selected the T-Code 200ci six, teamed with a three-speed automatic transmission. This was the least potent version of the ’66 model, delivering 120hp and 190 ft/lbs of torque. However, with a lower curb weight, it could out-accelerate an equivalent Falcon, and provide slightly better fuel economy, but still looked drop-dead gorgeous. The seller states that this Mustang has a genuine 87,000 miles on its odometer without mentioning verifying evidence. The car’s condition makes the claim plausible, and those looking for a turnkey classic will welcome the news that it runs and drives perfectly.
The 1966 model year marked the peak for the Mustang badge, with 607,568 buyers handing over their cash to become part of the badge’s lifestyle experience. That means that they weren’t rare when new, but rust and ongoing modifications have reduced the genuine survivor tally significantly. This classic falls into that category, presenting exactly as you would expect a genuine survivor that has been treated respectfully. It appears to hold no nasty surprises, but it will be interesting to discover whether most of our readers would preserve it, or if the lure of bolting something more potent under the hood would be irresistible. So, it’s over to you for some feedback.
I would say that this car has been repainted. The left door latch and attaching screws are all painted white and the latch on the under side of the decklid has been painted. None of those parts should be painted. In the photo showing the door data plate you can see all the excess weatherstrip adhesive that was used on the door weatherstrip.
I’m not sure about the claim of rust free. The one picture sure looks like bubbles in the paint on the lower front corner of the passenger side door.
Also, seat covers look like they didn’t hog ring the center section to the listing rods.
I would say this is rust not obvious. While not in the category of many rust buckets posted, this certainly warrants in-person inspection to see how good the paint is. I see some potential issues. Fit of the front seats is poor, hood adjustment improper and the rear bumper appears to be bent. I’m sure somebody will be willing to pay the price, but not me – especially not without some documentation of the odometer, receipts on upkeep, and a thorough inspection. A straight steering wheel would have at least shown the odometer. :-(
Rust free.? See bottom front passenger door
Rust free?? See bottom front of passenger door
This car illustrates something interesting about these early Mustangs. That many were built with the straight six is (at least partly) due to the fact that Ford couldn’t keep up with the demand for the 289. It even led to specific promotion for the sixes. And maybe for this example, instead spend the money for a couple trim niceties (wire wheel covers, console).
It must have been a great time to be a Ford salesman, especially at a big store where allocations would have been healthy,
Didja look at the pictures Bob? It’s got a console.
IDK, somebody has keener vision than mine. I didn’t see the rust bubbles in that one photo and I had it blown up as far as it would go but OK. I was expecting to come here and see the debate between put a 289 in it and keep it stock. Personally without knowing the market I would say this car is worth a few thousand less but that’s how I enter any negotiation. The underside sides look clean anyway. Is it worth it to build a 200 ci engine? The way it is now it’s gutless.
A bargain at that price.
In looking at the listing of the ad I noticed a few discrepancies. It lists the color as green and the miles as 60,250. The convertible and the fastback even with the anemic 6 might pull close to the asking price but stranger things have happened.
“6 cylinder Mustangs” and “V8 Mustangs” were two very different vehicles in that era. Wheels, hubs, brakes, rear differential, springs etc., were all heavier on the V8 models. 4 lug wheels vs. 5 lugs is just the tip of the iceberg. It was a giant corporate engineered bait and switch program. The low price of the 6 got ‘em in the door. The throaty sound of a V8 set the hook…
Hadn’t thought about it that way before, but it makes sense. I was one of those who was at the dealership when they were unveiled, lusted after one mightily but couldn’t afford it…just kept driving my Corsair! Have had several since, including 2 65s. Still love ‘em!
Hadn’t thought about it that way before, but it makes sense. I was one of those who was at the dealership when they were unveiled, lusted after one mightily but couldn’t afford it…just kept driving my Corsair! Have had several since, including 2 65s. Still love ‘em!