1964-1970 Mustang Member Tech & Restoration Discussion

69' Mach 1 351W 2V - Should I Do it?

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Old 10/5/15, 08:56 PM
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69' Mach 1 351W 2V - Should I Do it?

Neighbor of mine has an all original numbers matching Gulfstream Aqua 69' Mach 1 with a 351W 2V 3-speed, white interior. It's in pretty solid condition. It definitely needs some TLC but could probably get it up and running with only minor work . Looked it over very very well and it has some minor rust but nothing we couldn't fix ourselves. The interior is very good with only minor blemishes where the original owner decided to put some **** carpet to replace some of the upholstery (center console and where the speakers are)! The carburetor probably needs to be rebuilt and it just needs to run as it hasn't been driven consistently for over 10 years. I think he'll accept an offer around 13-14k ... What do you think?
Old 10/5/15, 10:35 PM
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Sounds like it could be a good deal. The things to look out for that may require extra work are the steering valve, electrical in the dash, and make sure the torque boxes are solid. If it has drum brakes, go through those very thoroughly.
Old 10/6/15, 07:17 AM
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we're planning on bringing it home to give it a more thorough look so we'll definitely take a look at those areas in particular. My biggest concern now is just the price. I've been looking around online to research the market but I just don't see a lot of H-code Mach 1s. I have a pretty good idea of what M-codes go for but no H-code. I haven't found an M-code in this type of condition under 20k, so does anyone know if the H-code is worth that much less than an M?
Old 10/6/15, 07:55 AM
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except for the big block cars and of coarse the bosses all other codes are worth what their condition dictates .. a 351 3 speed is worth no less than a 351 4 speed ..
Old 10/6/15, 08:00 AM
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You never indicated if this was a Cleveland or Windsor motor. The difference between a 2 barrel (H code) and a 4 barrel ( M code) is negligible. More buyers seem to be attracted to the Clevelands more than the Windsors. I have a 70 MAch 1 that came with a Windsor and drum brakes. I upgraded to a 408 engine, TKO trans and power brakes. My car is desirable to about 50% of the buyers for MAch 1's, but the $$ are comparable to a stock numbers matching Cleveland.
The other factors that will affect the value are disk brakes, air conditioning and fold down rear seat, manual trans. Those should have more impact than
Old 10/6/15, 08:05 AM
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I'm 95% sure it's a Windsor. It's a 3-speed manual with factory AC, drum brakes, no power steering.

I'd most likely upgrade items like the brakes and steering but would probably keep it as original as possible.
Old 10/6/15, 11:14 AM
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it sounds like a heck of a deal to me .. it`s one of the most popular colors and easy enuff to make into a 4 speed later if so desired ...
Old 10/24/15, 08:38 PM
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Picked her up today! Time to get to work





















Old 10/24/15, 09:37 PM
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Good looking car, with a little work you could probably get 2x what you paid for it.
Old 10/26/15, 08:10 AM
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I would have snatched that one up as well.
Old 11/10/15, 01:18 AM
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Good deal. 351 is a good solid engine. Look for rust and service history. I just picked up a 69 r-code after lots of research. These car values will keep going up!!!
Old 11/11/15, 06:56 PM
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So lucky! Congrats and how many miles are on it?
Old 11/11/15, 08:24 PM
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Just over 76,000 original documented miles. Was on the cover of the May 1980 Mustang Monthly Magazine. Obtained Senior Status with MCA for all the Best of Shows and 1st place awards back then, however the rules are stricter now than they were then! I am enjoying the car.
Old 3/14/16, 04:36 PM
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Very nice looking car. I miss mine.
Old 3/16/16, 09:54 PM
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Very nice indeed!!!
Old 3/17/16, 07:17 AM
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Heck yea any updates on the car to report?
Old 3/17/16, 10:28 PM
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^^^ Wondering the same thing.

Looks extremely nice. Looks to be road worthy...
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