We came across this 1973 Ford Mustang convertible late Easter Sunday here on Craigslist near Summit, New Jersey for the asking price of $16,500. Based on the Hagerty Insurance Online Valuation Tool, this private seller has his car priced between the #3 “Good and #4 “Fair” levels.

The 1971-1973 gained three inches in length over the earlier version, primarily ahead of the car’s firewall to accommodate the 429 cubic inch V8 without the need for suspension modifications. Ironically, this increase in size was only needed for one year as Ford discontinued the big engine option after 1971. 1973 was the last year of the original pony car as Ford geared up to replace it with the downsized, Pinto-based, Mustang II coming for 1974. The 1973 models were the last Mustangs available as a convertible until the 1983 model year. For the final year of production, 1973 brought some mild restyling that consisted of a standard enlarged urethane front designed to meet new NHTSA standards. Additionally, ’73 Mustang models had their sport lamps replaced with vertical turn signals, as the new bumper covered the previous turn signal locations in the front valance. Increasing emissions regulations combined with the switch to regular fuel only meant power for all ’72-73 Mustangs decreased significantly from prior model years.

The private seller provides a limited description of his Red over White Knitted Vinyl Mustang and claims that its originally an Arizona car that has been on the East Coast for a short time, so we’re assuming that he is the original owner. The seller also mentions that all maintenance records come with this Mustang. The body looks straight and rust free, however you’ll need to confirm with the seller whether the red paint is original.

The White Knitted Vinyl Interior is in need of repair, particularly the driver’s seat. The sale also includes a complete set of service manuals for the Mustang. The white convertible top presents well and this example appears to have its original Philco radio in place.

This Mustang came factory equipped with Air Conditioning and the optional H-Code 351 cubic inch V8 topped with a two-barrel carburetor sending power through a C4 automatic transmission. The engine bay appears to be unmolested and simply in need of a weekend’s worth of detailing.

Withe the limited details provided and no pictures of the undercarriage, make sure you inspect the car thoroughly in person. We have a feeling that this one-owner example likely has a nice story to tell. With a freshened interior and detailed engine bay, this Mustang will be a luxurious example that you can enjoy all summer long. Good luck with the purchase!