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Posted on Craiglist in Morrisville, Pennsylvania is this non-running and very rusty 1966 Ford Mustang convertible the current seller describes as a one-owner project car still equipped with its original V8 and three-speed floor shifted powertrain they are currently offering for $3,500. With #4 “Fair” (Daily Driver) condition examples estimated to be worth $19,200 according to the Hagerty Insurance Online Valuation Tool several thousand dollars appears to be the new normal for these still plentiful rusty projects we come across almost weekly.
Here’s the ethical dilemma we would like everyone to weigh in on. Dynacorn offers Ford-licensed completely new 1966 Mustang bodies completely welded and ready assembly and paint prep for $18,500. These brand new bodies are actually better than the originals as they are made to tighter tolerances and more accurate and consistent welding techniques. Consequently, we would buy the project car and one of these new bodies and would proceed to transfer everything salvageable from the old car to the new one, including the VIN and trim tags. The result would be a better and safer “restored” Mustang for likely less money and time than trying to salvage the original. With plenty of survivors and restored first-generation Mustangs readily available, what’s the harm in following this path with this project car? Tell us your thoughts on this, pro or con, below, and let’s get the conversation started!