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Stored Since 1977: 1966 Ford Mustang 289 V8

Once again, we have one of those cars that is said to have run and driven when it was parked. So why not touch it again for 43 years? This one’s in Georgia where the humidity is known to rust cars, yet this one seems to have escaped the clutches of the corrosion bug. The car is waiting south of Atlanta for someone to continue the rescue process. It can be found here on eBay where bidding sits at $7,550 with the reserve still looming.

Beginning in 1964, Ford dealers were having a field day showing the new Mustang to prospective buyers. The first year-and-a-half of sales topped a half-million units, but they were just getting started. 1966 would see more than 600,000 ‘Stangs built, some 422,000 of them being two-door coupes like the seller’s. I owned a ’66 Mustang when I was a teen, but it was a six-cylinder that did me little good at the Saturday night drive-in. We don’t know how the seller came about the car, but he apparently obtained it from the original owner or his/her heirs after being in hibernation in a garage for more than four decades. (Source: MaineMustang)

I won’t say there isn’t any rust on this car, but you may have to take a magnet to it to find deep trouble. Beyond surface rust, we’re told the quarter panels, fenders, doors, etc. are all good. The Tahoe Turquoise paint is faded and flaking and is likely what the car left the factory with. What’s cool is the dealer emblem is still on the trunk. Remember back when those were metal, not stickers? The interior has fared somewhat better with the back seat looking good and the front seats splitting at the seams. The seller tells us the headliner, carpeting, and dashboard are all good. This is an A/C car and presumably the unit that Ford hung instead of aftermarket.

The seller did some minor service to try to get it running. If you pour gas down the carb, you’ll get a response, but it’s not pulling from the fuel system. We’re told that maybe it needs a new tank, but it could just require cleaning out along with the carb and fuel lines. There’s fresh oil in the crankcase and a new battery under the hood. At 116,000 miles, there’s really no telling what will need to be done overall. The 289 V-8 is the 2-barrel variety that was good for 200 hp.

While the seller intended to just fix what needed fixing and drive it for a while, he has too many irons in the fire to tackle this project after all. So, it’s up to eBay to get it gone again. Hagerty pegs the top end for a 1966 Mustang in the mid-20s, more if a fastback and a lot more if Carroll Shelby was involved. I’m encouraged by this one because it’s not the rust bucket I’ve seen too many of lately.

Comments

  1. Avatar photo Geoff

    Just one of a zillion early Mustang coupes. If you want one just buy one fully or runner level restored for 12-15K.. you will never get your money back for an all too common car

    Like 5
  2. Avatar photo Darin

    Great car if you going too keep it not a great investment too sell .

    Like 0
  3. Avatar photo karl

    Seller bought it with plans to fix it , but has too many other projects — Translation – Flipper bought car and wants to sell it so quickly that he takes pictures of it on his hauler and cant take time to clean it

    Like 19
  4. Avatar photo 433jeff

    About 45 years ago my uncle sold his Aqua aqua 65 fastback for 800$, dual exhaust 289 auto a real dream , I think 3 spoke hubcaps, was just a really great car.

    Like 1
  5. Avatar photo scott

    I sold our 65 coupe last year, Factory A/C, 289 “A” code 4 barrel, auto, spring time yellow, factory black vynil top, disc brakes, tach and clock, pony interior.

    It was stored since 1985 in a garage in mid California. It sold for $8500 to a guy in Florida in non running shape. Absolutely zero rust. All original paint.

    Like 4
  6. Avatar photo Walker Walker

    I want a factory V8 1966 some time before I die….but I’m wanting Ember Glo Paint. I used to own a 67 that same Aqua color…inside and out…only a straight 6. It was actually a great car for me when I needed one. The guy that bought it switched it to a V8.

    Like 0
  7. Avatar photo John Olstad

    I purchased a 66 convertible from California in about 2008. Drove it home to Minnesota. Took Route 66 a lot of the way. Made it all the way to KC then the transmission cooler blew inside the radiator. Was all original. Other than new top I put on. left it like that for 9 years then sold it back to son of original owner.

    Like 1
  8. Avatar photo Kris

    Tag on the front tells me that this was probably someone’s “first car” or high school ride, that never got wrecked or sold. “Wish I had that one back” is a common epithet. The old owner (prior to the flipper who owns it now) just put it away and never got rid of it.

    Like 2

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