65 fastback value - car I am looking at buying

[Sportyworty]

cost to convert to a V8 will depend on how resourceful you are. You can get the parts off of a dead project on the cheap for likely 500 bucks. If you start thinking 9 inch, PDB all rebuilt control arms, fresh built roller small block and then pay someone to do the work you will be upside down before the wrenches come out of the box. 30K will buy you a lot of 65-66 Fastback these days as many people have gravitated to the 67 and newer cars for the big block capacity.

[tom406]

I concur w/ SportyWorty. I'm on my 4th 66 fastback in 15 years. If the paint and interior are really good as-is, that's not a bad deal in the end, but $16-7K is a better number. I'm always leery of converted T-code (6cyl) cars, mostly because I'm never sure how much conversion work was done, or how well it was done. You'd be surprised how many Mustangs are out there running around with 5 lugs on one end, 4 lugs on the other, depending on which end the builder thought was more important, lol. To me, the car you're showing is a perfect candidate for a R&C custom front suspension that upgrades everything and gets rid of the shock towers. EFI V8 of your choice, 5 speed, and an Explorer disc brake 8.8" rearend. That stuff seems expensive until you add up the costs of replacing and refurbing everything underneath, which is what you end up doing with a 6 cyl car. Good luck!

TOM

BTW, there's a thread on FordFE.com of a guy wondering why overseas buyers are shying away from his converted T-code fastback. It turns out that in many foreign countries (such as Sweden, Germany, etc) DMV takes note of obvious engine changes (6 cylinder car by VIN now sporting a V8) and will often deny them registration. That's somewhat significant since many '65-68 Mustangs trade hands on the world market these days.