Heroshot

1965 Ford Mustang

GT Convertible
Barrett-Jackson's first ever auction in Houston, TX
Thursday, 16 September - Saturday, 18 September 2021
$95,700
Sale Price
No
Reserve
18 September 2021
Sold Date
664
Lot Number
#2
Older restoration
Barrett-Jackson
Auction House
Chassis no. 5F08K777151. Wimbledon White with red side stripe and white vinyl top over red vinyl. 289/314hp K-code with Cobra kit (triple carbs, aluminum intake, aluminum valve covers), 4-speed, double red line tires, pony interior, Rally-Pac gauges, original radio.

Evaluation: A genuine K-code GT with rare and desirable Cobra upgrades, fully restored to high standards in its original colors. Very clean engine bay and underbody. Older but good paint and chrome. Spotless trunk. The top is stretched and scuffed in a few spots. Excellent interior. Only light general age on a well and fully restored Mustang. With this equipment it’s one of the most desirable 1965 Mustangs that isn’t wearing a Shelby badge.

Bottom Line: For the Mustang’s extended debut model year of 1965, Ford sold over 680,000 examples its new pony car. At the year/make/model level it’s the most popular classic car in the country, and the second most is the 1966 Mustang. These are not rare cars by any means, so Mustang freaks love to dig into the options lists in order to distinguish one ’65 from the next. This one ticks most of the right boxes, especially under the hood, and stood out in an auction that had quite a few desirable Fords on offer. It last sold at Barrett-Jackson Scottsdale last year for $77,000, but the collector car market has made serious moves since then and a $95,700 final price for it in 2021 isn’t crazy.

by Andrew Newton
24 September 2021
Hagerty
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.