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Stored 14 Years: 1968 Ford Mustang

By 1968, the Ford Mustang was in its fourth year of production and competitors were surfacing to the left and right. Sales were down to “only” 300,000 or so units, a far cry from twice that two years earlier but still more than the Chevy Camaro would muster in its second year. This ’68 Mustang has been parked indoors for at least 14 years, but the seller has gotten it running again. The car has been a part of the Savannah, Georgia community since Day 1 and is available here on eBay where the bidding has arrived at $8,900, but the reserve is still out there to tackle.

To say that Lee Iacocca’s brainchild was a phenomenon would be an understatement. Given all the cars that joined it in the marketplace and everything that has followed since, the pony car may be the most successful automobile concept – ever. The Mustang got it’s first restyle in 1967, so changes for the 1968 model year would be minimal. The easiest way to tell them apart at a glance is that the ’68 wears government-mandated side marker safety lights while the ’67 does not. The 2-door hardtop, like the seller’s car, would continue to outsell both the fastback and convertible combined at nearly 80% of the 317,400 Mustangs built for 1968.

For reasons unknown, this one-owner 1968 Mustang was parked inside in 2006 and stayed there until the seller (a dealer) took possession of it recently. It was purchased new at the local Ford dealer in Savannah and has never been registered anywhere else. It still wears 14 years’ worth of dirt that the seller will leave to the buyer to take care of, thus preserving its barn find qualities. However, steps were taken to get the Ford running again, which included replacing the gas tank and giving it a full tune-up. We’re told it now starts and runs great, and the tires and brakes were replaced to help make it roadworthy. The Mustang has the trusty 289 V8 (in its last year) with an automatic transmission.

None of this is to mean that the car is perfect. Years of sitting have taken their toll by instilling rust on both the hood and trunk lid. To help remedy those issues, replacement sheet metal will come with the car. Other than those areas, we’re told that rust is minimal, especially on the undercarriage. The odometer reads just over 55,000 miles, so one would have to wonder why it was parked and forgotten about. There is a ton of documentation coming with the car, including booklets and documents from the 1968 glove compartment. The interior, save a good cleaning, a few split seams, and maybe the need for new carpeting, could be good to go.

We’re told that the Mustang Club of America values the car at between $15-20,000, while Hagerty says $10,500-37,500 depending on condition. If you split the difference and if the mechanical issues have largely been dealt with, this could be a good catch if the seller hasn’t set the reserve too high.

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