Two First-Gen Fastback Mustang Projects For Sale On The Cheap

Finding cool, unrestored old cars — especially rare ones — is an unusual occurrence these days. A first-generation Mustang Fastback definitely fits the category of a special find. In fact, many car collectors go their entire lives without running across a chance to buy an unrestored Fastback, let alone more than one. However, recently in Alabama, someone had the chance to score a pair of 1965 Mustangs — both needing restoration — for $20,000 dollars.

His and hers? Father and son project? However you want to justify the purchase, the owner simply just wants paid with no low-ball offers or trades and we cannot blame him. Where else are you going to find the chance to buy two Fastbacks?

While the listing does not provide much information, it does appear the cars have a good bit of rust in them. There is no engine or transmission, but they do come with a few extra parts. Even so, they are still 1965 Fastback Ford Mustangs, one of the most iconic body styles of Mustang ever produced. Out of the 559,451 1965 Mustangs made, only 77,079 were Fastbacks. According to the Hagerty Valuation Tool, the 1965 Fastback has an average value of $29,200, with a “perfect” car being worth $50,900 and a “fair” car being worth $15,000. That makes the $10,000 asking price for each of these cars seem like a fair market price.

Of course with that being said, we would hate to have to pay the restoration bill when these two are done. You could easily spend another $20,000 dollars per car for a professional restoration jobs. But if you are up for it, you can check out the full listing here.

About the author

Jeff Southard

Growing up with a dad who loved Corvettes, I was destined to be a gearhead from day one. Beyond that, my dad owned an auto parts business for over 25 years. There, I learned the automotive basics as a child, then began my professional career working there after high school. From Corvettes and Superbirds to Hemis and Cobra Jets, my dad has owned a little of everything over the years, so I've had my chance to get some quality seat time behind the wheel of some rare, unique, and sometimes, just odd automobiles. I have owned my share of toys, including over 20 Mustangs. I guess to make a long story short, if you look up "car crazy" you will probably find my photo listed pretty close to it!
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