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1966 Ford Mustang Convertible Hits the Used Car Market With Surprising Asking Price

Tons of classic muscle cars are searching for new homes at all times on the second-hand market, yet pristine examples like the 1966 Ford Mustang pictured below are very rare and usually fetch a small fortune.
1966 Ford Mustang Convertible 18 photos
Photo: Garage Kept Motors
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Some say the '67 Mustang looks better, and if you're part of this crowd, this '66 example may not be for you. The same goes if your pockets aren't deep enough, as this is one pricey proposal. But more on that in a few moments.

First, we have to tell you that this classic pony car didn't come from a time capsule. The reason it looks so good is that it underwent full restoration. According to the vendor, this process ate a lot of money, alongside the modern bits and pieces that were equipped to it.

The engine is on the list, as it is a new crate motor. It has a 347 cubic-inch displacement and produces 450 horsepower (456 ps/336 kW) and 450 pounds of torque (610 Nm). The V8 works in concert with an automatic transmission and is punchy enough to allow the car to take a swing at more modern machines in a straight-line sprint.

1966 Ford Mustang Convertible
Photo: Garage Kept Motors
It sports a shiny red paint finish with a few white decals on the sides and has chrome bumpers and more shiny trim around the windows and other components. The folding rag top is also white, matching the leather interior, contrasted by red touches here and there. The vintage three-spoke steering wheel looks great, and so does the original dashboard panel sprinkled with Dakota digital gauges.

Its future owner will certainly enjoy the air conditioning and the modern brakes with discs on all four wheels. This 1966 Ford Mustang Convertible has only covered 1,342 miles (2,160 km) since the restoration was complete, so you're looking at a brand-new 58-year-old car. As for the asking price, you will have to cough out $107,900 for it.

As a result, it costs as much as two brand-new 2024 Mustang GTs, with the V8-powered model starting at nearly $43,000 before destination. The slightly punchier Dark Horse can be had from almost $60,000 excluding destination and dealer fees, and for the range-topping Dark Horse Premium, interested parties will have to pony out at least $63,480.

This old-timer costs more than the C8 Chevrolet Corvette Stingray, too, which can be yours from $68,300. Realistically speaking, it would be easier to find a needle in a haystack than a base Stingray in the bowtie brand’s dealer lots, so you should get ready to pay much more than that for one. As for the electrified E-Ray, with its punchy assembly and AWD, it starts at $104,900, and the Z06 comes from $112,700. So, which one would you buy on a $100k+ budget?
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About the author: Cristian Gnaticov
Cristian Gnaticov profile photo

After a series of unfortunate events put an end to Cristian's dream of entering a custom built & tuned old-school Dacia into a rally competition, he moved on to drive press cars and write for a living. He's worked for several automotive online journals and now he's back at autoevolution after his first tour in the mid-2000s.
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