There’s nothing like purchasing a solid classic where you can perform a cosmetic restoration when or if you want. That is what this 1965 Mustang 2+2 Fastback offers a new owner. It presents well as a driver-grade vehicle, but lifting its presentation would be a straightforward undertaking. All it needs right now is a new home. It is listed here on eBay in Newport, Oregon. Bidding sits below the reserve at $35,100, although there is a BIN option of $47,000.

For every rule, there are always exceptions, and this classic could be one of them. Most Mustang project cars we see have varying levels of rust requiring attention, meaning the new owner can face many hours and significant costs ensuring their new purchase is structurally sound. There are no such issues with this one. The seller claims it is rock-solid, although it is always worth negotiating an in-person inspection as confirmation. They emphasize its rust-free status, which is a significant consideration if the potential buyer is dipping their toe into the classic ownership experience for the first time. Discovering problems can sour the experience and has driven many people away from the scene. Its Ivy Green paint is consistent across the vehicle, meaning it is a driver-quality car with no immediate needs. The seller admits there are bumps and scratches, but the new owner could address these at their leisure. The trim looks acceptable for a driver-grade classic, although the buyer might elect to restore or replace some pieces if they plan a high-end restoration. The glass looks flawless, and the Fastback rolls on a shiny set of Magnum 500 wheels.

Lifting the Fastback’s hood reveals an engine bay that presents nicely and houses an A-code 289ci V8. It is unclear whether it is numbers-matching, but the seller describes the mechanical components as “new.” That V8 should send 225hp to the rear wheels via a four-speed manual transmission. The A-code was an excellent compromise for buyers because it provided more power than the entry-level C-code but was more refined than the firebreathing K-code. This combination should launch the Mustang through the ¼-mile in 15.5 seconds and on to a top speed of 125mph. The seller holds receipts confirming the recent mechanical work. It runs and drives perfectly, meaning this is one aspect of this Ford requiring no attention.

If the engine bay makes a positive impression, this Mustang’s interior continues that theme. The Black vinyl upholstery and trim look faultless, with no evidence of wear, stretching, or physical damage. The same is true of the carpet, while the dash and pad look flawless. I think the dash houses an aftermarket stereo in the spot usually reserved for the factory radio. Another addition, and a welcome one, is the ice-cold air conditioning. This interior needs nothing and should draw favorable comments on the street or at a Cars & Coffee.

With Christmas fast approaching, I can’t think of many better things to park under the tree than a 1965 Mustang Fastback. This one is a gem that offers an intriguing possibility. Winter is not the time to hit the road in these classics, meaning the new owner will probably park it in their garage for the next few months. That could be the perfect opportunity to address its cosmetic needs, so it shines like a new penny when it emerges into the summer sun. If that sounds too tempting to resist and you have the available funds, it could be worth pursuing this one further.