This is One of the Rarest Mustangs Ever Built
It is a huge statement when someone claims their Mustang is one of the rarest Mustangs ever built, but this one may very well be one of the rarest Mustangs ever built.
1. The Simple Facts
This is a 1966 Ford Mustang convertible. Let that sink in for a moment because this alone is enough to get some attention. The 1966 Pony convertible is restored, with only 60,000 original miles on it and features a Wimbledon White ragtop. If this is not enough to make this a rare classic, the fact that it is a GT is the cherry on top.
The classically-restored Mustang is equipped with a Hi-Pro 289 engine, which works in conjunction with a four-speed transmission, and the requisite 3.50:1 geared 9-inch rear end. This vehicle is an original GT K-code convertible, and technically, this is not a Mustang. This vehicle is claimed to be one of two classics ever produced, and they are labeled T5, not Mustang.
In 1964, Ford introduced the Mustang, and the world immediately became fans of the sports car. The Mustang featured a variety of engine options, body choices, and innovative features; and in the very first year, Ford sold over 400,000 units. However, not all Mustang sales were smooth sailing, and Ford faced some issues when they were trying to export the Mustang to Germany. In an attempt to solve the marketing problem, Ford changed the names of any Mustang being exported to Germany to T5.
4. T5 Modifications
Ford couldn't just change the badge on the Mustang and call it a T5, so they had to do some modifications to their favorite sports car. The very first change is the removal of all Mustang words from the car, including the horn ring. The hubcaps on the wheels were exclusive to the T5, and they were plain black in the center. Instead of the wooden steering wheel in the regular Mustang, the T5 received a regular steering wheel without a logo on it. Ford created a special emblem just for the T5, which was upgraded throughout the years. This T5, however, has the name T5, but not all of the T5 features, making it even rarer.
5. The T5 with the K-code
It is unknown how many T5s were exported to Germany. However, most of them were sold to Germans and stayed in Germany their whole lives. The Krupp copyrights to the name Mustang was expired in December of 1979, which meant all Mustangs after that date were called Mustang. The T5 is extremely rare on its own, but add the convertible and the high-performance engine that is the K-code; not to mention all of the small, additional features like the pony interior, and you probably will never see one like it ever again.
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