UPDATE 01/03/2026: Selling a classic at any time can be challenging, but listing one in the days leading up to the Christmas/New Year period is probably the hardest. The minds of many are focused on organizing festivities and purchasing gifts for loved ones. That might be why this 1969 Mustang GT failed to find a buyer when the auction ended on December 30th, with the bidding sitting at $34,300. The seller is having another bite at the cherry, and nothing appears to have changed in the last few days. You will find the GT listed here on eBay, with the current bid sitting below the reserve at $22,900.
12/06/2025: Determining the desirability of a classic is sometimes challenging, but this 1969 Ford Mustang GT leaves no doubt. The auction action confirms that people like what they see and are willing to let their wallets do the talking. It presents well, with its reversible engine upgrades unlocking extra power. I must say a big thank you to Barn Finder Curvette for the original lead on this Mustang in Dallas, Texas.
The 1969 model year marked the end of the line for the Mustang’s revered GT badge. Ford retired it at the end of the year, and it wouldn’t return until 1982. This car is a mystery because the paint shade appears much lighter from some angles than the Royal Maroon the seller listed. My belief is strengthened by this trunk shot, with the paint darker in that area than on the exterior. The seller admits that the Mustang underwent a clear-over-base repaint, and it is possible that the process included a change to a lighter shade. Barn Finder Bob_in_TN suggests that it could be iconic Candy Apple Red, and I’m inclined to agree. Beyond that question, the vehicle’s presentation is comfortably acceptable for a driver-grade classic. There are no significant cosmetic imperfections, and life in Texas has kept the car rust-free. The exterior is missing a few bright pieces and badges, but the remaining trim and glass are in excellent condition. The GT sits on a set of Magnum 500 wheels that appear to be relatively new, wrapped in BF Goodrich tires.
Decoding the VIN confirms that the first owner ordered this GT powered by the H-Code version of the company’s 351ci V8. The factory quoted power and torque figures of 250hp and 355 ft/lbs, but this motor should deliver more. Somebody swapped the original two-barrel carburetor and matching intake for a four-barrel setup, and coupled with a recent engine rebuild, power should have climbed to at least 300hp. Purists will welcome the news that the seller retained the factory carburetor and intake, making it straightforward to reverse the changes. Power is fed to the rear via a four-speed manual transmission, and the brakes feature upgraded Wilwood discs and calipers. The seller confirms that the GT runs and drives well, with plenty of power and a smooth-shifting four-speed. It is ready to provide the winning bidder with immediate classic motoring pleasure.
The first owner ordered this GT with its interior trimmed in Black vinyl. They didn’t opt for luxury features like air conditioning or a console, but selected an AM radio for in-car entertainment. The seller added a column-mounted Sunpro Super Tach II, which appears to be the only change. As with the exterior, this interior isn’t perfect. However, with no rips or tears and only minor door-trim wrinkles, it is another aspect of this classic that meets driver-grade standards.
The 1969 release of the Mach 1 signalled the end of GT production. Falling sales prompted Ford to throw its advertising weight behind the Mach 1, and only 5,396 GTs left the factory during that model year. The listing statistics for this Mustang extend well beyond the 45 submitted bids, which comfortably surpass the previous auction’s 18. With Listing View and Watch List tallies of over 464 and 102, respectively, this GT has struck a chord with potential buyers. Have you ever owned a First Generation Mustang GT? Would you consider doing so again by joining what is fast becoming a bidding war for this classic? I wish you good luck if you do.
A Trac-lok addition to the rear diff would be welcome. Bet it’s a very fun driver regardless.
And a Cleveland!
Best looking of the Mustang series and with the engine mods a lot of fun. Nice one here.
Sharp car. It’s definitely not Royal Maroon, it looks closer to ol’ standby Candy Apple Red. It does have the distinctive GT “geared” gas cap. Sorry Marlene, I’d have to remove your name from the spoiler. The Magnums and white letters fit the car perfectly. Wish it had a Marti Report.
Thanks Adam. And to answer your question, I did have a 1969 Mustang GT coupe, a long time ago.
Nah, that report would just bump the asking price. These cars need to be driven and enjoyed, not seen as investments. I curse the man who made cars into that. If they were properly priced, maybe the young people might actually have interest and the hobby wouldnt die with us as I see rapidly happenning.
Best looking year in my opinion plus 4 on the floor!!!! Buy todays standards these are slugs but to me the cool factor never gets old. Oldschool cars just have the right personality .. Im 60 and these never get old to me . New cars are so mundane….
It’s missing the Mustang fender emblems & rocker stripes. Like the magnum 500 upgrade. Surprised it has manual steering.
Nah, that report would just bump the asking price. These cars need to be driven and enjoyed, not seen as investments. I curse the man who made cars into that. If they were properly priced, maybe the young people might actually have interest and the hobby wouldnt die with us as I see rapidly happenning.
What’s its proper price? Bidding stands at $31,102 with 4 plus days left.
Back in the early-1980’s neither me nor my friends could afford the cars we really wanted. What we did was figured out what we could afford to spend and looked for the best, most interesting cars we could afford. After that we never had problems finding something. In the last 50 years there have been countless cars produced that provide a great driving experience, many still very affordable. Sitting on your hands, being mad because you can’t get everything you want does absolutely nothing.
Steve R
Exactly.
Nicely put, Steve.
When it was time for a sporty car purchase last year, it was up to my wife to decide what we were going to get (she sold her car so we could get it). I wasn’t on board with her choice – a Crossfire convertible. But for 10K for a 50K mile car in great looking and running shape, it was a great deal. And I enjoy driving it so much that I drive it just as much as she does. Plenty of power and handles very well.
There are still many fun driving (isn’t that what is the most important thing anyway?) cars in that price range, you just have to accept the fact that a muscle car is out of range for most.
The average cost of a new car over 50K, buying these classics is now looking much more affordable. Weird how inflation works. Well, at least that is how I justified my 340 Duster!
I’m surprised it didn’t sell for 34k, that seemed to be a strong bid…
Not everyone is into Corvettes………but Nice C5 Z06’s are 15-20k for a whole lotta fun/performance.
In addition to items mentioned missing it is also missing the outer chrome rings on the taillights. Look cheap and like crap without them.
Sloppy factory shifter replaced with a Hurst. Best upgrade. The ’70 had them factory.
I thought those bucket seats only came on the Grande.
In 1969 the 351 was a Windsor engine. In 1970 that motor was still available until the 351 Cleveland (M code) came out. :-) Terry J