So,

I was driving to pick up some hay earlier today and I looked and on the side of the road was a beautiful looking Mustang. I stopped on the way back to look at it. It's a 1966 GT coupe. It was originally a 289 but it's been replaced with a 302, a fresh rebuild with 7,000 miles on it. Sticker says it has 350 horse. I looked at the engine compartment...It has a Weiand intake, long tube headers, a holley carb, dual oil filters, an aftermarket ignition (Mallory? maybe that was the name), some shiny valve covers, etc. It also has traction bars in the back, and wide *** tires. It's a stick, with a Hurst shifter. The body is in very good shape, though it does have a few dings and dents here and there...nothing I can't fix. I called the guy, he said the only mechanical problem is that the brakes fade, though they can be pumped up. I don't really see this as a problem because my old '66 vert, which was a restomod project, has a brand new SSBC brake system on it, new calipers, spindles, rotors, master cylinder, everything, so I could just switch them over. The guy wants 5,000 for it. I fell in love with this car the second I saw it...I applied for a loan at the bank last week before I saw this car, to rebuild my '89 GT and pretty it up as well as add some power, as well as lifting my truck...However, if they call me tomorrow and I am approved, I will go right down there and buy this car. I looked everywhere, no rust or anything, it's in really good shape. Right now I'm really stoked, and I hope the bank is gonna come through. Just thought I'd throw that out there. I really fell in love with it when the guy started it up, it sounded so sweet, haha.

Here's to hoping!

 

Sounds like you found a winner, and the seller doesn't know the true value of that GT. Congrats, now let's cross our fingers for your loan to come through.

 

If you need a loan to buy it, you probly dont need it. If you think its underpriced, theres probly a reason. This has been the voice of reason speaking.

 

Be sure to check the vin.

 

My original post says that the loan was going to go towards my '89, and I was also going to put some money into my Bronco. I dont' think that it is that underpriced, because it does need some work, which I don't see as a problem.

 

You want the right answer?..... Ask the wife.



TC

 

If that was always the right answer, I'd never have any toys, haha.

 

This link will help you verify whether the car is a true GT.
http://www.karmustang.com/factory_gts.php

 

Never ask the wife...it is easier to beg for forgiveness than plead for permission

 

Even if it's not a GT it is still worth the 5K in my opinion. If it turns out to be a standard coupe maybe you can get it cheaper since it may be a knock off GT. Doesn't hurt to try.