Premium Pony: 1966 Ford Mustang V8/3-speed Coupe – SOLD!

January 13, 2022 Update – We confirmed the seller of this early Mustang “Classifind” deleted their listing, so we’re now able to call this one “SOLD!” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.

We come across so many first-generation Ford Mustangs in various states of condition that we could replace our “Malaise Monday” theme with “Mustang Monday” and never be short of the inventory needed to do that. Consequently, we tend to be picky featuring the early ’64 1/2-’66 models in particular. With its rust-free, all-original body, V8/3-speed powertrain, and highly desirable two-tone Pony interior, this cream 1966 Ford Mustang Coupe originally listed in January 2022 on Craigslist in Milford, Massachusetts (Boston) easily makes out cut. Several pictures of the undercarriage leave little doubt of this car’s California and Idaho history and we’re pleased to learn the single repaint is in the original Sahara Beige.

Currently offered for $23,900, comparing that price against the Hagerty Insurance Online Valuation Tool confirms the private seller has their 1966 Mustang Coupe priced between this guide’s #3 “Good” estimate of $21,000 and its #2 “Excellent” appraisal of $27,700.  Interestingly, the  Collector Car Market Review Online Tool reveals the seller’s ask is eight hundred dollars above this guide’s #1 “Excellent” appraisal of $23,100 before making adjustments based on equipment.

Riding on the tremendous success of the ’64 1/2 and ’65 model years, Ford launched the 1966 Mustang with only subtle trim and equipment changes.  Styling revisions included a new grille, side ornamentation, wheel covers, and gas cap. Ford’s new C4 “Cruise-O-Matic” three-speed automatic transmission became available for the 225 horsepower V8. A large number of new paint and interior color options, an AM/eight-track sound system, and one of the first AM/FM mono automobile radios were also offered. It also removed the Falcon instrument cluster; the previously optional features, including the round gauges and padded sun visors, became standard equipment.

The 1965 and 1966 Mustangs are differentiated by variations in the exterior, despite the similar design. These variations include the emblem on the quarter-panels behind the doors. From August 1964 production, the emblem was a single vertical piece of chrome, while for 1966 models the emblem was smaller in height and had three horizontal bars extending from the design, resembling an “E”. The front intake grilles and ornaments were also different. The 1965 front grille used a “honeycomb” pattern, while the 1966 version was a “slotted” style. While both model years used the “Horse and Corral” emblem on the grille, but the 1965s had four bars extending from each side of the corral, while stylists removed these bars for 1966.

The Stars & Stripes YouTube Channel features this 1966 Ford Mustang commercial:

People interested in buying early Mustangs tend to gravitate towards either convertibles or the even rarer fastback model. However, the equipment and condition of this coupe make it an attractive alternative at what is typically a lower price than the other two body styles.  The light color combination both inside and out makes this 1966 Mustang Coupe a standout from most other examples we come across.

Here’s the seller’s description:

“1966 Mustang coupe. C code 289-2v, three-speed standard stick. California / Idaho history. Totally rust-free with all original body panels. Original floors. Never any rust. Original Deluxe Pony interior with optional console and wood steering wheel. New headliner. The rest of the interior is in great condition. Tinted glass. Four new correct Style Steel wheels and all new tires. Nicely detailed under the hood. Totally stock and unmolested. It runs and drives 100 percent. Older repaint in original color in great shape. Clean Mass title. Shows 61300 miles. Have some documentation and history showing miles from the seventies up to the two thousands. Not a lot of V8 sticks around. Come see in Milford, Mass.”

Show or go: what would you do with this 1966 Ford Mustang Coupe?  Comment below and let us know!