Take The Challenge: 1970 Ford Mustang Fastback

We’ve seen some sad and sorry 1st Generation Mustang project cars over the years here at Barn Finds, and a surprising number of them have been dragged back from the brink by passionate enthusiasts. That is the sort of person this 1970 Mustang Fastback needs because there is not one aspect of the car that won’t require their care and attention. If you feel that you could be up for this challenge, you will find the Mustang located in Pearcy, Arkansas, and listed for sale here on eBay. It seems that there are a few people out there who like what they see because this car has already attracted an impressive twenty-nine bids. This has pushed the price beyond the reserve to $4,795.

The Mustang rolled off the line wearing Competition Yellow paint, and while it looks sad and tired, that is the least of this car’s problems. As you can see in the supplied photos, it’s copped a hit in both the front and back. Neither of these looks like they were particularly hard, but I suspect that the buyer will need to add a trunk pan and radiator support to what is going to be a long list of parts if the vehicle is to be returned to its former glory. It isn’t clear whether it has spent an extended period in the great outdoors, but if it has, that helps explain a few things. There is no back window, and the windshield has a large hole in it. That would allow water to flow into the car easily, but the rusty floors mean that at least it can find its way back out! This could be one of those “chicken or the egg” propositions. It is possible that the floors were okay when the Mustang was parked and that years of incoming moisture have taken their toll. If that’s the case, it rates as a tragedy. So, a complete set of floors needs to go onto that shopping list. With rust in the frame below the battery tray, that’s still more steel, while we can add one rear quarter panel, a taillight panel, and a hood to the list. That’s the body taken care of, so now we need to turn our attention to the trim. There will be a grille, a couple of bumpers, and at least one taillight. Rounding out the list are a windshield and a back window. At this rate, the buyer looks like they might be putting the parts supplier’s kids through college! However, I don’t believe that this is beyond the point of no return in the right circumstances.

I’d put money on the interior not smelling like a rose if I were a betting man. With water having ready access to the interior, it means that the upholstery and carpet will have been wet for extended periods. That’s not a recipe for any classic retaining that new car smell. Apart from the radio, it appears to be complete. There’s no doubt that a trim kit would be the best answer to fixing most of the woes, but the issues may go deeper than that. The hole in the windshield is on the driver’s side, meaning that water will have flowed behind the dash. That has the potential to start severe corrosion issues with wiring, connectors, and relays. Then there’s the damage that moisture will have inflicted on the gauges. I think that the buyer will need to budget for new wiring and some replacement gauges. If they are willing to be patient, these items appear on online auction sites, so the buyer might save some money by securing good secondhand parts.

While the owner doesn’t state it categorically, I believe that the Mustang might be numbers-matching. It features a 302ci V8 and a three-speed automatic transmission. In its prime, that little V8 would’ve pumped out 220hp, which was sufficient to fire the car through the ¼ mile in 16.4 seconds. However, those days are well behind this classic. The owner admits that not only doesn’t that V8 run but that it’s locked. The buyer may have some luck pulling the plugs and squeezing in some Mystery Oil. Another alternative is to pour diesel down the holes instead of oil. It still possesses lubricating properties, and its less viscous nature means that it can easily find its way into locations where regular oils may struggle. I have seen some surprising results using this method, so it’s an option worth considering. If the new owner can free the engine, it may be a strong candidate or a rebuild.

There’s no denying that returning this 1970 Mustang to a roadworthy condition will represent a significant undertaking. Returning it to a pristine state merely serves to add to the workload. First Generation Mustangs continue to perform well in the classics market, but I admit that I have some doubts about this car’s financial viability. However, if the buyer can perform many of the tasks themselves, that paints a better picture. That doesn’t mean that they need to be an expert with a welder, but if they can do some of the more mundane chores like disassembly, cleaning, and reassembly, that will wipe a significant sum out of the restoration bill. The bidding history to date suggests that a few people have spotted the potential here, so I’ll be interested to know if any of our readers are willing to join in the fun on this auction.


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  1. Bluetec320 Bluetec320 Member

    My gosh! With the exception of the driver side headlight, I don’t think there is decent or straight part left on this car. I’m guessing that the headlight probably doesn’t light either, lol.

    Like 27
  2. Rob S

    A few details that we’re not included in the write up…..looking closely at the pictures this fastback is going to need ALL subframes replaced, they swiss cheese! And even though it has the look of a very tempting, well worn BOSS 302, it isn’t. Just a well worn, well rusted grabber yellow fastback that some previous owner put BOSS 302 stopped on many, many years prior. This is a potential money pit if you are not familiar with major body work. It’s it worth it? Bidders will dictate that. GLWTS

    Like 9
  3. Terrry

    This car isn’t on the brink of needing the crusher, it sailed over it by at least 50 yards.Whoever is bidding close to 5k on this (so far) wants that data plate real bad.

    Like 12
    • Rob S

      Great observation! Glad it missed the crusher but sad it was tgrown over it. Looks like maybe someone was paying a visit to the local wrecking yard and found it languishing and bought to flip, like we see so many hulks on here that should be crushed but end up getting saved, thankfully. Not sure why they would want the VIN plate, just a 0F02F mustang. Not worth what a BOSS or Shelby would be worth….

      Like 5
  4. wuzjeepnowsaab

    Can’t imagine this being more than a vin tag auction for someone making a clone. You’d never come out in the good restoring it

    Like 4
  5. Sam Shive

    Here’s what this needs…… Plus a Drill and a few Pop Rivets https://www.dynacornclassicbodies.com/1970-ford-mustang-fastback/

    Like 3
    • Fred C. Wittmann Member

      Does anyone know the price of the dynacorn classic bodies.

      • Sam Shive

        See My Answer Above

        Like 2
  6. GP Member

    First picture shows the car without a hood, bent up bumper and valance,steel rims etc. Four pic’s down it has a hood(not good), a nice bumper and rally rims. Maybe some work’s been done?

    Like 2
  7. Jay Bree

    Hard “NO” on this one.

    Like 5
  8. fran

    Not the real thing. I did a restoration on a real Boss 302 that was as bad. I had it to 4 deadbeat shops, by the time I got it to a “real” restoration shop the value dropped so much, that although now a beautiful car, I am upside down.
    Would I do it again???????? NO
    Buy one throughly checked out and done.

    Like 6
  9. Buddy

    All ya need now is a MARTI Report to go with the VIN Tag🤣

    Like 3
  10. nandoze

    It does look like the back was the faster part

  11. Howie Mueler

    The gas cap looks ok, but that is about it.

    Like 4
  12. Northstarlc3

    A Peterson Restoration’s next build.

  13. gaspumpchas

    I’m not much of a body man, but I wouldnt know where to start. good luck and happy motoring.

    Like 1
  14. ErnieSC

    This is a SERIOUS Question…….

    Is a Vin Plate really worth that much for a “Vanilla” Classic whether it’s a Mustang, a Chevelle, a Camaro, etc.?

    I mean We’re not talking about a Wreck Signed by Shelby himself.

    I truly don’t understand!

    Thank You.

    Like 4
  15. Mark

    I gotta go with the vin tag thing here, this wouldn’t even qualify as a parts car and it needs a real good car to be chopped up and put onto what’s left of this after all the rust is cut out, well, that makes no sense. I’m sure this vin tag will be on the road (and auction block) soon.

    Like 1
  16. Johnny

    A few years ago. I offered to buy a 69. With a rebuilt-built up 460 in it for $3,500. I told my cousin I,d buy it in a few days. I went back and he sold it. I asked him why when I told him I would. He THOUGHT I wasn,t serious. It was in alot better shape then this one. All it needed was a nice paint job. They car is way over price for scrap metal. I don,t see many parts on it.That is good.

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