A Cheap Pony: 1966 Ford Mustang

The Ford Mustang sold so well in its first year of production that Mustangs accounted for 7% of the new cars on the road for the 1966 model year. The result was that if you wanted a simple classic in the 80s/90s you could pickup one of the millions of 1964-1968 Mustangs that littered the streets for a simple pile of cash. Today the prices are higher, but you can still manage to find cheap ones if you don’t mind a cheap repaint and non-numbers matching engine. Find this 1966 Ford Mustang bidding for $7000 reserve-not-met in Somerville, NJ via hemmings auctions.

From the seller:

The staggering success of Ford’s sporty compact galloped on unabated in 1966 as the millionth Ford Mustang was produced that year. The model proved so popular that the Mustang stunningly accounted for more than 7 percent of the American new-car market. This 1966 Ford Mustang Hardtop Coupe, with an odometer reading the seller says is accurate, is one of the 499,751 such cars produced in that record-breaking year. Described as a three-owner example, this Mustang is reported to have a non-original V8 engine, a repaint, and a fully redone interior with the desirable Ford “Pony” upholstery scheme.

POWERTRAIN
This Mustang is fitted with a non-original 289-cu.in. OHV V8. With a compression ratio of 9.3:1 and an Autolite two-barrel carburetor, the engine was rated by the manufacturer at 200 horsepower when new. The seller believes this engine has traveled about 500 miles since being installed. The seller states no specific functional issues with the engine or automatic transmission, and reports no powertrain leaks. The engine bay presents as generally clean.

EXTERIOR
The seller states that this Mustang was originally green but was repainted in white by a previous owner. The seller notes a few chips, bubbling around the rear wheel arches, and some buff-through of the clearcoat. No dents are reported, but there is a further rust spot on the front bumper. The Mustang’s chrome appears to be complete and in good overall condition, and no issues with the glass are reported. All lights reportedly work. The underside is generally clean, with limited surface corrosion.

INTERIOR
The pony-style interior in this Mustang is apparently a replacement and is described by the seller as “flawless,” while the carpet condition is termed “great.” The seller describes the headliner as “impeccable,” and he believes the interior trim to be complete. All instruments, including the factory AM radio, are believed to be in proper working order. The heater is reported to be operable.

CHASSIS
The date of the Mustang’s most recent chassis service is unknown. The seller reports no functional chassis issues during limited amounts of driving, and he is unaware of any component damage. There are no reported issues with the manual drum brakes. The tires are of unknown age but are believed to have good tread.

DOCUMENTATION
The seller states that this car will be sold on a clean New Jersey title in his name. This 1966 Ford Mustang Hardtop Coupe has been refurbished and has an odometer reading that the seller says is accurate.

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