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1966 Ford

Mustang GT Convertible

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Figure based on a stock vehicle with OH rates with $100/$300k Liability/UM/UIM limits. Rates vary depending on the state, coverage selected and other factors. Policies underwritten by Essentia Insurance Company. Some coverage and discounts not available in all states. Call 877-922-9701 to speak with a representative or apply online. $496 /YEAR Insurance
Body Color
Engine Size
289 V8
Transmission Type
3 Speed Automatic

1966 Ford Mustang GT Convertible

1966 Ford Mustang GT Convertible

Born Oct. 15, 1924, in Allentown, Pennsylvania, to Italian immigrants, Lee Iacocca went to work for the Ford Motor Co  as an engineer after finishing college.  Not long afterward, he switched to Ford's marketing and sales side.  Iacocca quickly rose through the ranks and was made Ford president in 1964.  During his tenure, he championed the highly successful Mustang but clashed with Ford chief Henry Ford II, who fired him in 1978 after 32 years with the company.  He took over struggling Chrysler, now part of Fiat Chrysler Automobiles, a few months later and brought the automaker back from the brink of bankruptcy by going to Washington in 1979 and persuading the federal government to guarantee $1.2 billion in loans to the company.  He closed plants and cut the workforce and wages at all levels, including his own salary to $1 a year.  When the company rebounded, he made $20 million.

For consignment, an example of the Iacocca brainchild in the flesh here in the Hallowed Halls of Classic Auto Mall.  It is a K code GT version which features the standard 289ci V8 but with upgraded pistons, cylinder heads, carburetor, camshaft and connecting rods.  The engine is rated at 271hp and also features a special clutch, driveshaft and differential to handle the extra horses for this pony. The beneficiary of a concours restoration and a centerfold feature car in the  March 2016 issue of Mustang Monthly magazine.

A respray of factory Candy Apple Red covers the exterior of this car.  It has been expertly applied and its A-1 as to looks overall of this paint as it covers the exterior steel panels which are straight and rust free.  The galloping horse leads the way in a bit of a different grille bar with fog lights.  Directly above is a long pony hood, which is actually where the pony car got its name, long hood, short rear deck, 2 doors equals pony car.  GT and 289 High Performance badging and all brite-work is present and accounted for and show as very shiny.  The hockey stick cove,  a white convertible top, triple V tail lighting and rear roll pan backup lights wrapped by deep shiny bezels are truly classic on this Gen 1 car.  Also giving it away as a K code car is the rear gas cap which has a GT in its center.  On the rockers is a triple white stripe top to help accent and go with the white top that has a clear plastic rear window.  14-inch factory chromed Styled Steel wheels, all highly polished, are wrapped in dual thin red line walled rubber on all 4 corners.  This car harkens back to what it would have looked like in the showroom when it caught your eye and you just had to have it, just like the other 607,568 folks that had the same attraction.  Although only the ones in the know would have the knowledge to get the K code GT.

A D5 special order interior, matching the warranty and buck tag, all looking much like the original with the white vinyl low back bomber styled buckets.  These make their appearance in tuck and roll inserts  and smooth bolsters and are excellent.  They float in a sea of perfectly preserved red carpeting.  The hinge and edges of these buckets are trimmed in chrome.  Moving the backs forward reveals a rear bench also appearing pristine in white with red seat belts. The red carpeted hump runs through the buckets and then disappears under the dash. On the way is the T styled chromed shift lever.  The dash is sporting a red padded topper with a white steel bottom.  In the middle are the gauges with the original instrument cluster of 5 round gauges and lower knobs and temperature levers.  All this menagerie sits between very clean and nicely restored door panels which have short vinyl panels with more tuck and roll, shiny cranks and actuators, and an armrest.  I'd say as close to perfection as one can get.

The original blue painted Ford 289ci V8 is within the simple black painted engine bay.  This blue block and blue valve cover engine has the correct Autolite 4100 4-barrel carburetor with a chrome open sided air cleaner covering complete with the correct high performance sticker.  On the back of this V8 mill is a C-servo C4 3-speed automatic.  The rear axle is a Ford 9 and is in a 3.89 gear ratio form, a change out from the factory spec 3.50's.  Our consignor states that this engine has been completely rebuilt during the late restoration process and presents as the rest of the car as concours.  Right down to the FoMoCo window washer bag hanging on the drivers side of the bay, things are looking good and shiny with supple hoses and wiring and FoMoCo badged hoses!

Show quality underneath so have a mirror available to make sure everyone sees this as well.  Totally rust and dirt free and all like new for the gas tank, exhaust,  and suspension which is leaf springs in back and coil springs in front.  The stamped floor pans are perfectly painted and the dual exhaust is an H pipe version snaking its way back from the engine to the rear of the car.  Just a beautiful presentation.  Front disc braking is in with rear drum braking, and as mentioned the beefed up suspension, and quick ratio steering. 

A quick starter, good runner and smooth automatic shifting, this car handled our test track with flying colors, or at least candy apple red!  All in all a wonderful drive, albeit with the top up thanks to a chilly January day, but not without its frowns.  During my tenure behind the wheel I noted the horn not beeping and the brake and tail lights not illuminating.  However, the rear signal markers did function.

Overall a turn key car, concours condition and a GT K code drop top to boot.  A great color combination, well maintained, and a fun car to drive.  Year 2 of the ubiquitous Mustang, which everyone had to have at one point in their life.. Is your time now?  600K people couldn't be wrong could they?


T-Metuchen, NJ Assy Plant
08-Mustang Convertible
K-289ci V8 Hi Performance 4bb 271hp
120844-Sequential Unit Number


BODY 76A-Mustang Convertible, Standard Buckets
COLOR T-Candy Apple Red
TRIM D5-Red & White Standard Vinyl
DATE 05K-October 5th
DSO 26-Washington
AXLE 5-Ford 9" 3.50 Conventional
TRANS 6-C4 Automatic


C/O-Customer Ordered
114-Rotation Number
17-Welding Bay
J28-September 28th
6T08K 20844-Serial Number
76A-Mustang Convertible, Standard Buckets
T-Candyapple Red
DS-Standard Red & White Vinyl
RM-Remote Mirror
PIO-Performance Option Image
HP-High Performance Emblems
TOP C-White Top
TINT-Tinted Glass

Classic Auto Mall is a 336,000-square foot classic and special interest automobile showroom, featuring over 850 vehicles for sale with showroom space for up to 1,000 vehicles. Also, a 400 vehicle barn find collection is on display. This vehicle is located in our showroom in Morgantown, Pennsylvania, conveniently located just 1-hour west of Philadelphia on the I-76 Pennsylvania Turnpike. The website is www.classicautomall.com and our phone number is (888) 227-0914. Please contact us anytime for more information or to come see the vehicle in person.