1970 Mustang Convertible 302 Holley 4v, Auto, Ps,pt,magnums, Spoiler, Hood Scoop on 2040-cars
Hudson, New York, United States
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This 1970 Mustang convertible has been stored away for over 20 years. The registration sticker on the windshield ran out in 1993.
The last owner bought this car in 1989 just after it had been repainted and only used the car for 4 years. He bought new Magnum 500 wheels and tires in the summer of 1992 and only put 500 miles on them before he put the car away in a storage barn where the car has sat until recently. Unfortunately the barns roof gave out from the heavy snow load and rain back in February. One beam hit on the top of the drivers side quarter panel and tore the convertible top in the back (no damage to top frame). There is also a small dent in the hood next to the hood scoop. Otherwise the car fared pretty well. The car needs to be completely restored, but it is a nice car to start with. The motor runs good and sounds very strong. It has an aluminum intake with a fairly new 750 Holley carburetor and has an electric fuel pump mounted on the front frame rail. It has headers and a good dual exhaust system which comes out just under the rear valance. The Magnum 500 wheels and tires still look very good. The underside of the car will need repairs in the torque box area and the inner rockers have rusted out on the bottom. The rear frame rails look very good. The front shock towers look good, but someone did make holes in them to grease the upper control arms. The Front frame rails also look very good. The exterior needs rear quarters, convertible top material with rear window and a trunk lid. The doors, fenders, valances and hood all look savable. The door hinges will need new pins. I have a Kevin Marti report that shows the car was originally built with a 302-2V, Automatic, Power Steering, Power Top and a AM radio. This car was originally painted Yellow (color code D) with standard White interior and White top with a split glass rear window. 1970 was a low production year for the Mustang convertible with only 7820 being produced. 653 of them were painted this color Yellow and only 98 of them had standard white interior which makes it a fairly rare color combo. Original dash pad with no cracks. The front seats were recovered and still look pretty good. I have a transferable NY registration and the ID numbers match the dash tag and the body buck tag. If someone did some quick repairs they could probably drive this car for the summer and do the restoration over the next winter. I changed the oil and filter, spark plugs, thermostat gasket, master cylinder, passengers front wheel cylinder and the drivers side rear brake line. I drove the car a mile down the road and back. The motor has lots of power and the transmission has a very solid shift. The steering feels responsive and the power steering feels good. The brakes are working, but will need some work. The motor starts right up and the exhaust has a great tone. The motor has had some work done to it at some point and the cam is definitely not stock. The way the motor runs and sounds I believe it was rebuilt before the last owner bought it. The chrome on the valve covers is shot. I checked the flat pad on the back side of the intake and found the ID number stamping which matches the cars ID number. I have given a fair and honest description of the car, but my opinions of condition may vary from someone else's. Some parts may be repairable rather than replaced, but that would depend on your ability and skills. Please look at all of the pictures carefully and ask questions if you need more information. The car can be viewed by appointment only. This car is being sold as is where is with no warranty expressed or implied. A $500.00 deposit must be received within 48 hours from end of sale or I reserve the right to sell to another bidder or re-list it. The Balance must be paid within 7 days in the form of a cashier's check, wire transfer or cash. Checks will have to clear my bank before the car will be released-NO EXCEPTIONS. The sale is final and is not open to negotiations after the sale. I can store the car for up to 30 days after the sale while transportation is arranged. |
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*UPDATE: Video of the auction and Leno's prods to the crowd for more money can now be seen below.























