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A 331 with a VIN stamp...wait is this a Delorean? F code (Dearborn) didn’t have red oxide floors, they were black. Looks like a nice car but doubt it’s an original K and would only consider paying nice looking car price for it
 
K FB

I too, saw a lot of major red flags. The data plate is a repro- period. There's not enough "patina" for it to be original. I've attached a copy of mine for comparison. If they made a K motor into a 331, then they've essentially destroyed the K original value. 1/4 windows, seats (like everyone has said), wrong distributor, etc. are reasons to RUN! Not sure about the VIN on the trans, but the engine VIN is essential. EVERY 66 was wired for fog lights, so that GT factor isn't determining like a 65. Someone did a great resto but it looks like a mis-representation of what it really is. For a really nice FB, buy it at a reasonable price, as a K GT, there's too much to question. If we can see problems in blurry pics, what would we see in person?? Even if you have to pay a small fee, I'd have a local mustang expert inspect it in person! I took another look- wrong radiator, valve covers look later model, headers? Not hi-po exhaust? questionable hi-po fuel pump, and that's with the blur---
 

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I have imported over 100 Mustangs in the past two years to the UK

The volume of dodgy VIN number K code (and others) cars I see here in the UK is frightening

I have seen at least 10 K code cars at shows and at least 8 had VIN numbers that were outright comical in appearance or had enough weirdness to know they were sketchy at best

I sold one of tge top K codes in the country about 8 months ago for a friend. K code registry and very well documented

I would get a very solid education before buying a K or other high performance factory model

This site is an excellent resource

Cheers Peter
 
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the engine VIN is essential. EVERY 66 was wired for fog lights, so that GT factor isn't determining like a 65.
A VIN stamped block means nothing. We're talking about a newer 331 with a 66 VIN stamp which proves that point. The practice of stamping a VIN on block and trans varied by plant, Metuchen for example was not 100% in this practice. I'm one of those with day 1 documentation and no VIN stamp. I have also discussed this with Fred Ballard who has owned a few Metuchen cars without a stamp and at least 1 with a stamp. Fortunately Metuchen cars came with buck tags and many with build sheets that would also help to confirm authenticity of K and/or GT package.

I have never heard that all 66 cars came wired for fog lights. Do you have a source for that? I always thought they had a different under dash harness and other things. The determining factor (maybe) in 65 was a cutout in the dash to accommodate the 5 gauge cluster. This was done for Pony interiors also so it is not a guarantee
 
Discussion starter · #26 ·
Thanks again guys I’m getting some great information. The seller of this car is a mustang specialist importer here in Australia. He is saying in his description about this car about a fog light switch in the correct position and correct type also exhaust hanger mount in the right location etc
Basically it seems at best it’s a K code GT restomod. He talks about a 10/10 all sheet metal body and no expence build. This was done in the US in year 2000, so a long time ago and stored since. I guess all those years ago modification to a genuine K code GT was possibly acceptable but that’s much less so now ... I understand keeping one original is best.
I will find out who did the build in the US and run it past you guys again. I wont buy it until I find out it’s history in the US and verify it.
Yes I was buying a car in the hope it may increase in value that’s the purpose here ... otherwise I would just buy a C code Fastback highly modified resto mod as a toy and expect no real increase in value. But lots of fun for a cheaper price ( some of those are for sale here and they are more expensive )
 
If they made a K motor into a 331, then they've essentially destroyed the K original value.
Wow. That never occurred to me. I assumed they used an
aftermarket block. Instead, they took an engine which is
really only valuable as a collector's item and treated it like a
common junkyard block. Brilliant. The stupidity of that choice
would make me walk away.

Obviously, I agree with the other posters and strongly advise
walking away from this car. There's just too many things wrong
for the asking price. I know overseas shipping is expensive, but
if that car's real market value is about $30K then you'd still have
about $20K remaining for shipping and AU taxes.

If you're thinking on dropping $50K range on some collectible
Detroit iron, especially with investment as a factor, here are
some suggestions...

First, make a list of cars you'd prefer. Does it have to be a
65/66 K-code fastback? Would a 1968 428 Cobra Jet be an
acceptable fallback? A really nice 68 fastback S-code? Or how
about a 69/60 Shelby GT500? The black 68 440 Challenger
from Bullit? The 1967 44/Hemi Cudas are very cool and
relatively affordable. Just sayin' to keep an open mind.

Second, contact reputable brokers in the States to shop
around for you. Avoid classic car "dealers" which are really
just Ebay mimics (Gateway, Vanguard, etc). With a little
effort, you should be able to find a Wayne Carini type who
knows everyone in the investor car scene.

Finally, it may sound crazy, but a high-end auction house
may be your best route for the money and type of car you're
considering. The folks who buy million dollar Ferraris often
turn up their noses when very desirable muscle cars roll
across the auction block. Contact auction houses with truly
excellent reputations for only handling the very finest restored
cars. Sotheby's, Russo & Steele, and Gooding all comes to
mind. Their expert inspections rejects the stinkers. Barrett
Jackson and Mecum are really not in the same league.

For example, I was recently prepping my truck and trailer
for a last-second 12 hour dash to West Palm Beach, Florida.
Now I don't do stuff like this every day, but I got wind of a
fully restored R-code 1968 428 Cobra Jet 4 speed with an
optional bench seat for sale at the Spring Sotheby's auction.
How crazy and rare is that? The 68 CJ is my personal unicorn,
and while I may own one someday, I refuse to pay drunk
Vegas bidder prices you see on TV. In this case, Sotheby's
listed the car with no reserve at an estimated selling price
of $45K to $55K. Their auction estimates are usually pretty
close to real market value, but I would expect such a rare
and desirable muscle car to sell closer to $70K. Given the
really high-end cars in this auction, I figure the "Joe Dirt"
muscle car guys like me would be a small minority of the
bidders. So I wanted to roll the dice and make the road trip.

Unfortunately, a last second family emergency forced me
to abort the mission. And if anyone knows the answer, I really
don't want to know what the car actually sold for, especially if
it went for around $50K. I might cry.

Oh well. There's always another one out there somewhere
and they ain't going anywhere. That's the most important thing
to remember.
 
The car is worth considerably less than $60K (US) - it would be worth $60K US if it were real and in perfect condition (meaning all the correct parts). Do not buy this car unless you want to lose about $25,000 the moment you sign the contract.
 
GT wiring

With the popularity of the fog lights in 65, there was a surge in dealer sales and demand for them. As a result, all 66's had the fog light wiring plugs so you could buy the kit from the dealer and install them yourself. The hole for the switch has always been there, as convertibles use it for the top motor switch and if it was a GT convert, they had 2 holes. Here's one of the articles that mentions there's a harness plug already in the harness. I know I've seen it in the past and worked on a number of them, but couldn't point to an old article off hand. The Care and Feeding of Ponies: Fog light wiring
The 65 harness was unique, as only the GT was wired for fog's.
 
The hole for the switch has always been there, as convertibles use it for the top motor switch and if it was a GT convert, they had 2 holes.
Hijack - So I've been looking for toploader for a 66 Hardtop that I have and was at my "local" Mustang supplier. They have a boneyard out back and told me they have a 65 convertible with a toploader in it. So I go check it out. Wide ratio and I'm looking for a close ratio. But while in the engine bay (the engine is gone), I notice the huge master cylinder, that would have came in a GT. Then I look at the 3 VINs on the fender aprons and all say it's a 66 "A" code. Disk brakes up front dual exhaust in the rear. I look for the fog switch (wiring harness is long gone) and there are 2 holes there. I thought to myself, why would someone put a hole beside the fog lamp switch? Thanks for clarifying that for me. Now I know Ford did it because they had to!!

Car is just too far gone to bring back in my opinion, just in case anyone is wondering...

Allen
 
Body: 76B Convertible, Pony Interior
Color: T Candyapple Red
Trim: 65 Red Crinkle Vinyl, Pony Interior
Date: 15L November 15, 1965
D.S.O: 53 Kansas City
Axle: 1 3.00:1, Conventional
Trans: 5 4-Speed Manual

The decoder on the car I mentioned above. Sweet ride at one point, it's painted white now and no GT stripes.

Allen
 
Discussion starter · #32 ·
Thanks very much again to all who have advised me here. I’ve learnt that it’s way over priced even if a K code and the modifications while may look cool have reduced its value. It may have had a very expensive build 18 years ago when turning a genuine K code into a restomod may have been sort of ok!? I’m looking for something that’s going to increase in value. I do very much like the 66 fastbacks where online in the US do I look? I’ve just seen a genuine Shelby GT 350 on E Bay USA this is going up in price yes!? I’m currently Top bidder but reserve not met. What is this worth? Have a look yourself if pictures are grainy please. It’s under Mustang 1966 fastback E Bay. Thanks again in advance!
 

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That's funny. I saw that black car on EBay and was going to post here reference VIN stamps.that don't look right

Also. I don't know why on the world it wouldn't be listed as a Shelby GT350 on eBay. Seeks kinda strange

At the level your looking to spend I really would get professional advice.
 
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