Needs Everything: 1977 Ford Mustang II V8 / T-Top Project – Sold!

May 2020 | Classifinds, Malaise Monday

Update: This one got away, but if you have your heart set on something similar, email us the details of what you’re looking for or call Rudy directly at (908)295-7330

Unloved when new and easily forgotten once the performance of the next generation Fox Body Mustangs improved, Ford’s Mustang II such as this V8-equipped, T-Topped example recently on Craigslist in Toms River, New Jersey reminds us that these downsized Mustangs were actually pretty good looking and that it’s their lack of power and Pinto-based underpinnings continue to keep them off of enthusiast’s radar.  The private seller’s asking price of $1,500 for their project car is well below the Hagerty Insurance Online Valuation Tool is well below the current #4 “Fair” (Daily Driver) estimate of $6,100.  If you are serious about buying this Mustang II, you can start the conversation by texting the seller at (908) 992-5720, and when you do please remember to mention you saw their listing featured here on GuysWithRides.com

Ford replaced the bloated-by-1973 first-generation Mustang with the new pinto-based Mustang II for 1974. Nearly 500 pounds lighter and almost 19 inches shorter than the 1973 Mustang, the second generation relied on the Pinto’s a unique uni-body with an isolated front suspension and engine mount sub-frame while sharing a limited number of chassis and driveline components while rack-and-pinion steering replaced the first generation’s antiquated recirculating ball unit. Named Motor Trend’s 1974 Car of the Year and achieving over one million in sales over just four years of production, the Mustang II has the distinction of being a marketing and sales success while generally loathed and overlooked by most Mustang enthusiasts.

Here’s a commercial we found for the Mustang Cobra from 1977:

We get that this car is project in need of EVERYTHING including a title, so we’re not suggesting anyone attempt to restore this car.  Going that route is a guaranteed money-to-burn losing proposition.  Our argument here is that with its V8-supporting front suspension and the desirable T-Top, three-door body style, we would love to see someone stuff a later 302 sourced from a parted out GT and make this a restomod-like sleeper that will be the envy of the sea of Fox-Body owners who will be surprised when you show up at a Mustang event to show off your completed project.  Good luck with the purchase!

Here’s the seller’s description:

“1977 Mustang GT No key or title
Barn Find
show contact info text please.
If its posted its available.
Selling whole car.
Asking 1500 obo

What would you do with this Mustang II?  Comment below and let us know!

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