1965 Ford Mustang K-code Convertible on 2040-cars
Proctorville, Ohio, United States
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This is not just another ‘60s Pony car; it is powered by the now legendary K-Code 289 cubic-inch V8 also known as the High Performance or HiPo Mustang, and the durable Ford 4-speed Toploader transmission. This Mustang is a classic that was very well-maintained and cared for with only two owners over the past 30 years.
The 1965-1967 “K” cars were the FIRST high performance Mustangs. These were cars that Ford dropped the 289 HiPo engine into. They were special because they were more than a hot engine in a good looking car. These cars came standard with heavy duty suspension, a nine-inch rear end, and many other performance modifications. More often than not, these HiPo Mustangs were seen driven to work during the week, and raced on the weekends. This helps explain the rarity and low survival rate of this car today. The original Ford power train warranty on HiPo’s came with was 90 days or 4000 miles, whichever came first. Additionally, the warranty was voided if the vehicle participated in any “competitive activities”. Today, these cars are not common, and in some combinations can be quite rare. Convertibles are much rarer than the usual coupe or fastback body style.
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Ford spent 57 years with his grandfather's company, joining the board of directors in 1948 before graduating from college. Ford also held a position as chairman of the design committee, as well as the chairman of the executive committee and vice chairman of the Board of Directors during his tenure with the company. In a 2013 Detroit Free Press story, retired CFO Allan Gilmour said Ford had an eye for design, and was once able to pick out when a fiberglass model of a Ford Contour was asymmetrical, off by an inch on one side. He retired and assumed the position of director emeritus in 2005.
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The action, which affects 2,945 vehicles, is due to potentially defective welds between the filler neck and the fuel tank, a condition that could result in a fuel leak or the smell of gasoline reaching the occupants. In the worst-case scenario, a leak could cause a fire. Cars with the affected fuel tank problem could see an illuminated dashboard warning light as a result of the evaporative emissions leak being detected.
Ford will inspect and replace the fuel tank at no cost to owners (those who have already had the procedure done at-cost can apply for reimbursement), and the Dearborn automaker will begin notifying Five Hundred and Montego owners beginning August 15. Check out the official NHTSA press release after the jump for further details.


