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At $22,500, Is This 1966 Ford Mustang GT 350 Tribute A Bargain?

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Good Price or No Dice 1966 Ford Mustang

To be totally transparent, today Good price or no dice Mustang has nothing to do with Carroll Shelby other than honoring his legacy, and the car is featured in the ad like nothing more. Let’s see if that’s enough.

Last Friday — last year, in fact — we looked at a long in the tooth 1985.5Porsche 944. According to the seller, the car was an unfinished project that now needed a new owner to take it across the finish line. The seller claimed that the price of $7,499 was priced accordingly. The necessary works (both obvious and undisclosed) did notit doesn’t seem too many obstacles for most of you, with the car that takes you home a narrow 52 Nice percent gain in price. Way to show 2022 at the door, folks!

We are now in 2023. Fresh off the press. Still sizzling from the grille. It’s a brand new year, which means one more year of used cars available for us to consider and judge. It’s pretty cool. Also pretty cool is all we have at our disposal now. Who would have guessed that in 2023 we would have cars and phones that automatically crash and automatically call emergency services after those crashes or in the middle of a roller coaster ride? We truly live on a strange timeline.

Considering how much of what 2023 could have to offerlet’s instead look at a car from a simpler time, i.e. this 1966 Ford Mustang GT 350 tribute coupe.

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Now I consider the OG Mustang a car model that a lot of people love might actually consider using as a daily driver despite his age. Parts and updates are widely available, and the base cars are quite comfortable and reasonably capable as they are.

My very second car at the time was a similar one, albeit a much more failed 1966 coupe with a 289 CID V8 and an automatic. I used to drive this thing from gas station to gas station because I could never pick up enough change for a few gallons at a time and the Mustang had pretty dire fuel economy. My driving habits probably didn’t help either.

This one is in much better shape, having seen a modest refresh with paintwork that echoes that of Shelby’s legendary GT 350 fastbacks. Truth be told, Ol’ Shel probably should have based its massed Mustang on the coupe, as it weighs nearly 100 pounds less than the fastback, as it lacks the latter’s large chunk of glass in the rear.

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Other updates to this tribute include replica 15-inch Rallye-style alloys, an Edelbrock 4BBL carburetor and electric fuel pump, and an all-new white letter. Cooper Cobra Radials.

Aesthetically, the car looks the part. The paint is chipping and the scratches are nice even if a little inappropriate on the notchback body. Scoops on the hood and fenders add a bit of race-boy panache Also.

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Inside, everything looks original and shows its age. This is a low specification car, lacking the center console, but still offering everything needed. The only major issue here is the radio which seems to be missing and replaced with something sticking out of the opening with a cable. The radio space is three holes in the sheet metal dash and hopefully these have not been manipulated. It looks like the button holes have been taped over, so fingers crossed on that. Modern stereos are available to fit factory openings without any cutouts.

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As noted, this appears to have originally been a lower spec model. It may not even have come with a factory V8. That’s possible given the lack of badges on the front fenders indicating the V8. IN 1966 the Mustang could have been ordered with one of two V8 engines, a 2BBL 289 CID unit which was good for 200 horsepower (gross) or a 4BBL High Output (HO) version of the same with 225 horsepower.

This one has a later 4BBL carb and dual exhaust, so imagine its horsepower somewhere around those numbers. A three-speed C4 automatic backs that up. It also seems to have one of those generic aluminum heatsinks and an electric fan to keep things cool. Somewhat alarmingly, the engine bay photos show the disconnected battery and a host of loose connections. What’s up with all this?

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According to the seller, the Mustang is a California car and therefore does not suffer from rust. It comes with a clean title and what is claimed in the ad as 10,000 miles on the odometer. This obviously refers to a milestone since the odometer reads 54,595. The asking price is $22,500.

What do you think, is this classic Mustang worth as much as it sits? Or is it pretending that Shelby isn’t worth anything close to real money?

You decide!

Los Angeles, California, craigslist. Where to go here if the ad disappears.

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