When the Mustang was born in mid-1964, it came in two flavors: hardtop and convertible. Once production was in full swing, Ford added a fastback to the Mustang equation. Today, the fastbacks are often more desirable to collectors because of both style and lower production. Out of 607,568 Mustangs built for 1966, “just” 35,698 were fastbacks. And even fewer were fastbacks with the luxury interior, which accounted for 7,889 copies. This 1966 fastback was one of them and awaits a buyer to give it a full restoration. It can be found in Wallingford, Connecticut, and offered here on Facebook Marketplace for $20,000.
One of the selling points in the ad for this car is that the odometer reflects just under 10,000 miles and that’s the mileage the seller also goes with. However, this looks like more like a 110,000-mile car. It’s in rough shape from sitting, and rust has already started to take over the doors, rear quarter panels and trunk lid. We have to wonder if there’s more to be found, such as in the floorboards and trunk. It doesn’t help that the headline calls this a 2016 Ford Mustang and the body copy says it has an automatic transmission where it’s clearly a manual in the photos. Errors like this always send up red flags to me.
Back in 1966, this would have been one potent Mustang, with a 289 V8, 4-barrel carb, and four-speed transmission. There isn’t enough information provided to determine whether this is a numbers-matching car to justify the seller’s asking price. We’re told the car hasn’t run in years, substantiated by photos taken from a trailer rather than on pavement. To help with the bodywork issues, the seller will provide a new driver’s side OEM quarter and a rust-free front fender.
While the interior is far from perfect, the rear seat is the most troubling. It looks as though the backseat has a layer of mold across it. The black carpeting is faded out, the driver’s seat ripped and the radio missing. Speaker hole openings are visible in the back of the fastback area. A good cleaning before taking these photos would have helped make the case.
While the seller is looking for cash, he’s open to trading for another classic car, hot rod, pick-up, or a flatbed rollback. In primo condition, $50,000 is a not unheard-of price for a fastback Mustang equipped this way. But a full restoration is in order here, potentially down to the last nut and bolt. With a $20,000 price tag just to get started, you could probably buy a restored one for less money overall.
Perhaps this could be a nice project, albeit at a much lower price point. Unfortunately, seller/flipper Frank looks both lazy and stupid in asking $20k while providing little info or good pics. First, he makes a very dubious claim about it having under 10k miles. Second, he doesn’t bother to clean or detail it, much less even attempt to get it running.
Wow, Marti report might make this 1 of? Really rare….don’t know of any 66 mustangs with navigation and a back up camera. This one doesn’t pass the sniff test.
Oh the sniff test yields MANY smells on this one and NONE of them good!
Well said Steve. I would like to edit one word out of the write up and that is from the last line, to remove the word “probably”. NO DOUBT in today’s market you CAN buy one done and done well for half of what this one will take to restore.
Seller…….10K miles,….really…..what, before it was driven into the lake and left for 40 years? How about 109900 miles. OH yeah….the ODO can roll over. Plllleeeassseee.
The car is going to need a $100K resto to be great plus the 20K buy in for a car NOT worth 50K because other than being a Mustang Fastback this car has NO value. Shelby, um no. Big Block 4 speed…um no.
Don’t get me started on the Rust Rot and the Sun Rot. Ugh !!!!
Oh that’s right this one was owned by Steve McQueen….oh, no that’s not right either. Carol Shelby….um no.
I think the shift knob can be saved.
$20K and the seller can’t even be bothered to take it off the trailer and clean it up before taking pictures. Probably gave someone $500 to take the old junker off his hands. A great example of why friends don’t let friends buy from flippers.
First thing I look at when questioning mileage is the condition of the pedals, if this car has 10 K miles the rubber pedal pads would have zero wear.
Personally this one looks like it’s been underwater a while.
My first new car was a 1965 Mustang Fastback. 289, 2barrel, and 3 speed! Yes three speed😕. I was 17 and I saved up the down pmt plus my ratty 57 Ford, and my Dad co-signed for the balance. It was maroon with black interior. The sticker price was 2895 and change.
Rode a hard 10,000 miles and put away wet.
10M miles and look at the clutch pedal, worn out. that is not 10M mile car.
Doubt 10K miles from the condition of this Pony…. More like 100K!
Just a note, there are no Marti reports on Mustangs pre-’67, he never got those records. So this Mustang becomes whatever the VIN allows it to become with options galore if one wants.
This is a car one would HAVE to go check out – VIN tag? Transmission (it now has a 3-speed)? A-code? C-code? Lots to go wrong – it looks like a solid $15k car to me – 20 with the trailer!
Let’s see: filler in the rear quarters (now peeling out again) needs quarters doors fenders, Trunklid, probably floors, drop downs, perhaps frame rails. Carpets, dash…… Obviously 110k (at least.) Yes, it’s a cool car, and I’d love to build it, but his price is double where it should be. I might go 12k with the trailer. Being as that he likely has 2-3k in it, he’d be making a good profit margin.
From the looks of this car, it probably has 210,000 miles on it. But that doesn’t matter because it needs a total restoration. That will cost you in excess of $100,000 and will be worth $50,000 when you are done. Good luck.
That’s a donor parts car at best.
$20K for a rust bucket??? A minimum of $75K for a full restoration.
Pass……
The rust on this car does not make it a $20K car!! It’s got nice features with the 4 barrel and 4 speed but if the rust runs deep which I think it does the body work alone will put you upside down paying this price!! Good luck to the buyer!!
That odometer has been wound back. Why the Hell do sellers do that when it’s so easy to spot? Might work if advertised locally, but certainly not at a website like this one, with sharp-eyed, knowledgeable car guys and gals.