What Am I Bidding On? 1978 Ford Mustang V10 Custom

I gotta be honest with you guys…I don’t know what I’m looking at with this next car. It is advertised as being a ’78 Mustang with a V10 that was a multi-time show winning SEMA vehicle, and a Optima Ultimate Street Challenge Car and the photos show several different configurations, one with a finished car like this 2014 MustangsandFords article, but then the pictures change to what can only be described as a hulk of disassembled parts waiting for a barn to be stored for the inevitable 20 years of rust and chicken poop it needs to be a barn find in the year 2040. I love the idea of a Mustang II with custom styling, a full Chebby Corbette C5 Z06 suspension, custom everything, and Triton V10…but I don’t know if that’s what you’ll get as the winner of this next auction. Find this 1978 Ford Mustang V10 custom bidding for $12,100 reserve-not-met with a few hours to go, located in Beaverton, OR via ebay. (Update: On 9/14/2020 the auction closed at $20k, but now it is back listed here with a new auction.)

From the seller:
Car is a multi-time SEMA show display vehicle and was in the top 10 of the inaugural “SEMA Battle of the Builders”. Plus it was in the top 5 for Gran Turismo, and participated in OUSCI (Optima Ultimate Street Car Invitational). It was being rebuilt better than before, but project stalled out a few years ago. It’s at the paint stage, but I’m just tapped out of funds and need to recoup a small fraction of the investment

Item specifics

Make:FordNumber of Cylinders:10
Drive Side:Left-hand driveTransmission:Manual
Drive Type:RWDFor Sale By:Private Seller
Interior Color:BlackFuel Type:Gasoline
Vehicle Title:CleanExterior Color:Blue
Body Type:Coupe

Whatever this is…I want it. Send in your tips! tips@dailyturismo.com