As time marches on car values can fluctuate, but as a whole, values ultimately seem to rise for those classics that have a strong cult following much like the Mustang. This derelict Fastback is claimed to be a factory 390 car, which may hold value to some. Unfortunately, it seems that the original engine and transmission are long gone. While one man’s trash is another man’s treasure, it is difficult to say where this Mustang may fall in that dichotomy. All I know is that this Mustang roller is listed for a Buy It Now price of $8,000. Check it out here on eBay out of Franklin Park, Illinois.

Vacant and missing many parts, the engine bay of this Mustang seems reasonably solid, minus the rotted area ahead of the passenger side fender well. If the original engine and transmission were present, I would see more hope in this car being a higher quality restoration. Although, a period-correct engine would still make this a nice machine. Or perhaps an engine swap is in order for this roller?

A fair amount of the interior is still present, but the condition is nothing to write home about. Although something is better than nothing, and at least there is a starting point to this interior. The gauge assembly is in the trunk, with a few other odds and ends. It is not clear what color this Mustang was originally, but the driver’s side door appears to have been blue. Now I don’t see any other evidence of blue on this Mustang, so this could be a replacement door. Also, the back seat is still in place also housing a few odds and ends from the equine.

Despite the missing parts, there are some rust issues with this Mustang as well. Both rockers and rear quarters suffer from rust and a bit of rot as well. There is body filler on the driver side, and I assume a bit on the passenger side as well. The lover’s initials make me think that this car spent a great deal of time outdoors, out of the line of prying eyes. Another concern for this Mustang is the alignment of the passenger side fender and door. I would guess that the fender is pushed back too far, interfering with the door. Although I would also assume that a fender bender would have caused that scenario, but who knows. The driver side panel alignment is better. Although this is clearly not a cream puff, I have seen worse condition projects revived. The question is, would you pay $8,000 for this Mustang project?