One of The Very First Hardtop Mustangs Was Up For Auction (photos)

What would you do if you could own the second Ford Mustang ever built? Well, dreams do come true, because this Mustang exists and it's up for auction.

By Bassem Girgis - June 22, 2017
1964 Ford Mustang
Serial Number 00002
The Mustang's Journey
Engine
NOT SOLD

1. 1964 Ford Mustang

In 1964, Ford debuted the Pony Car, a beautiful, long-hooded, two-door car that people immediately fell in love with. Ford sold 121,538 convertible and hardtop Mustangs in the first year. If you were in the market for a Mustang back then, you could've picked up a hardtop for $2,320 or a convertible for $2,557.

>>Join the conversation about early Mustangs up for auction right here in The Mustang Source.

2. Serial Number 00002

In a strange ever-evolving automotive world, this 1964 Ford Mustang is up for auction, and it has a very unique serial number. This car was part of a 150 pre-production vehicles, and this one has a VIN that reads "5F07U100002." Based on the VIN alone, this Mustang is revealed to be the second Mustang ever built. In fact, it appears to be one of the only three Mustangs built at the Pilot Plant.

>>Join the conversation about early Mustangs up for auction right here in The Mustang Source.

3. The Mustang's Journey

In 1964, 00002 was supposed to be sent to a dealership in Canada, but it was accidentally sent to Ford Dealer Whitehorse Motors. The car was used as a demonstrator for a while, and in 1965, it was finally sold. From 1965 until 1997, the Mustang was bought and sold 13 times, and after a long, unstable life, Bob Fria bought it in 1995. Fria is an early Mustang historian, and throughout the restoration process, Bob did an immense amount of research on the car, digging up its history and determining that it was a prototype vehicle, since it had prototype stamps on the sheetmetal.

>>Join the conversation about early Mustangs up for auction right here in The Mustang Source.

4. Engine

Aside from its very-special VIN, this Mustang has an ordinary engine. Under its hood is a 170 cubic-inch inline-six engine. The V6 2.8-liter works collaboratively with a three-speed manual transmission, and together they produce 101-horsepower and 156 pound-feet of torque.

>>Join the conversation about early Mustangs up for auction right here in The Mustang Source.

5. NOT SOLD

This very-rare Mustang was set to be auctioned at the Mecum's Indianapolis Auction between May 16 and 21. The auction estimated it to sell between $450,000 to $650,000; however, not all dreams come true. On May 22nd, the Mustang failed to meet the set-reserve, and the bidding reached $300,000. The Mustang was not sold.

If you have half a million dollars laying around, keep your eyes open. It will probably get auctioned again soon.

>>Join the conversation about early Mustangs up for auction right here in The Mustang Source.

NEXT
BACK
NEXT
BACK