Green Gold: 1973 Ford Mustang Mach 1 Convertible – $25,000

by | Nov 2022 | Classifinds, Topless Thursday

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1973 proved to be the final year for the first-generation Mustang and the factory convertible body style before Ford reintroduced it one decade later. Traditionally less desirable than earlier models, the ’71 to ’73 vintage Mustangs are enjoying a growth in popularity and prices.  A prime example is this restored Green Gold metallic, H-Code powered, 1973 Mustang convertible currently listed here on Craigslist in Atlanta, Georgia is said to be one of only 302 examples produced in this color combination.  Among many other upgrades, the seller notes that the factory A/C features a conversion to R134A.

Currently offered for $25,000,, the analytics and search engine for the collector car market, confirms the ask is in line with the one-year rolling average of this guide’s summary for Ford Mustangs of all body and trim styles produced between 1971 and 1973.  By clicking on the green dots in the graph below, you can navigate to each comparable car sold as a way to help you evaluate the price of the Mustang featured here:

As a second data point, the  Collector Car Market Review Online Tool reveals the seller’s ask falls between this guide’s #2 Very Good” estimate of $24,800 and its #1 “Excellent” appraisal of $36,800, assuming this Mustang is indeed a true Mach I trim example.

While Ford produced the first generation Mustang from its debut in the spring of 1964 through 1973 before launching the Pinto-based Mustang in ’74, enthusiasts segment these cars into four classes based on major styling and feature changes.  The last major first-generation restyling launched in September 1970 as a 1971 model. The ’71 Mustangs were still offered in Hardtop, Sports Roof (Fastback), and convertible versions such as the example featured here and grew in size, gaining three inches in width to accommodate Ford’s big block 429 cu in (7.0 L) V8 to avoid the extensive suspension redesign previous years forced.  However, tightening federal emissions regulations and rising insurance costs started to take their toll on Muscle Car popularity. Consequently, Ford dropped the Boss 351 edition and optional 429 big blocks leaving the 351 cubic inch (5.8 L) variants as the largest available engines for 1973.  The example featured here is an H-Code Mustang, which means it came from the factory equipped with a two-barrel carburetor topped, 351 cubic inch, “Cleveland” V8 producing 177 brake horsepower at 4000 rpm and 284 foot-pounds of torque at 2000 rpm.

Convertibles came equipped with a power top and a single-piece glass rear window.  1973 brought some mild restyling. The urethane front bumper became standard and was enlarged per new NHTSA standards. All Mustang models had their sports lamps replaced with vertical turn signals, as the new bumper covered the previous turn signal locations in the front valance. Both Mach 1 and base grilles were offered, with differing insert patterns.  The 1973 model year Mustang was the final version of the original pony car, as the model name migrated to the Ford Pinto-based Mustang II in 1974.

The Classic Car Channel YouTube Channel offers this montage of 1971 Ford Mustang commercials featuring actor Sid Ceasar:

The avocado-green color combination may have been popular for kitchens and this 1973 Ford Mustang Mach 1 convertible in the early 1970s, but it may not be for everyone today.  Otherwise, this Mustang appears to be a nicely optioned survivor example featuring many upgrades to keep it roadworthy for the next caretaker.

If you are serious about buying this Mustang Mach 1, you can start the conversation by calling the seller at (706) 714-0371.  When you connect, please remember to mention you saw their Mach 1 convertible featured here on Good luck with the purchase!

Here’s the seller’s description:

“This is a 1973 Ford Mustang convertible with Mach1 trim. Original Bright Green/Gold Metallic color with Avocado interior. They only made 302 convertibles in 73 with this paint/trim package. Original numbers matching H-code 351C with C6 automatic transmission. New fuel filter, pump and carburetor. Runs amazing and shifts perfect. The hood, grill and decals are all new and added by me to give it the correct 73 Mach1 look. The engine has also been detailed to give it a more aggressive look. I have all the original parts that go with the car.Factory correct 1 year only option for the Mustang and pretty rare are the 5 lug Aluminum Slots to complete the Mach1 look. The tires were put on about 4 years ago and have less than a 1k miles. Great car in great condition. All panels are clean and solid. No rust. New brakes and all welded Flowmaster dual exhaust with chrome tips. New front springs and KYB shocks front and back. Fresh Mobil1 oil change and fresh coolant flush. Interior is super clean with the only flaw of the driver’s seat having a split seam on the bottom cushion. All the glass is excellent and all the windows roll up and down perfectly. The top is fairly new, in great shape, no rips or tears(with a glass back window that zips down) and works flawless. Everything but the clock is in working order including the AC which has been converted to r-134, the seat belt light, the map light, the windshield washer spray pump and the most important cigarette lighter. Clean GA title in my name and previous title stating original mileage. Marti report comes with the car. It looks just as good in person. Hard to find original cars that run and look this good. Thanks for looking and reading this far. I will try and answer any questions quickly. $25k OBO

Show or go: What would you do with this 1973 Ford Mustang convertible?  Please comment below and let us know!


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