We typically don’t feature many newer classics at Barn Finds, although sometimes one appears that is impossible to ignore. Such is the case with this 2012 Ford Mustang GT. Its presentation is reasonable for a vehicle of this age, and it could potentially offer a new owner a rapid motoring experience. However, it is the price that could turn heads. The seller has listed the GT here on eBay in Fresno, California. The BIN of $4,600 is not a misprint, so let’s take a look and see what you would receive for your money.

Ford introduced its Fifth Generation Mustang in 2005, continuing its predecessor’s trend of utilizing retro styling cues that harked back to the glory days of the First Generation. The car rode on a new platform and remained available until 2014. This car rolled off the line in 2012, with its original owner ordering it in Code UA Black. Combine that shade with the color-matched 18″ wheels, and this Mustang looks genuinely menacing. The seller states it carries the hallmarks of a car that has been well-loved, acknowledging it needs TLC to return to its best. The first step would be to treat the exterior to a wash and polish to ascertain how well it would present without a cosmetic refresh. The lack of panel damage or obvious paint imperfections suggests the results should justify the effort. There are no signs of rust or other problems that may cause sleepless nights. The plastic and trim are in good order, and there are no visible glass issues. First impressions are largely positive, but will that trend continue?

Lifting the hood reveals what made the 2012 Mustang GT an exceptional performer. It derives its power from the DOHC 32-valve 5.0-liter “Coyote” V8 that sends 412hp and 390 ft/lbs to the rear wheels via a six-speed manual transmission. With a ¼-mile ET of 12.5 seconds and a top speed north of 160mph, those figures stack up well twelve years after this car rolled off the line. Okay, this is where we learn why the price of this Mustang is so modest. The seller indicates that the engine runs and the drivetrain is in good order. However, the V8 has a knock, and its origins are unknown. It could be relatively minor, but budgeting for a rebuild or replacement would be wise. That process won’t be cheap, but the car’s potential value may justify the expense.

The first thing I noticed when examining the interior shots supplied by the seller was the massive seam separation on the driver’s seat. That might not be a problem because a leather specialist may be able to address the issue without the new owner spending nearly $500 on a pair of replacement front seatcovers. However, the partial emergence of the airbag from the wheel center is of more significant concern. This doesn’t rate a mention in the listing, and with no evidence of accident damage, it is unclear why this occurred. It is a similar story with the airbag cover on the passenger side, meaning the seller may face some difficult questions about this car’s history. The rest of the interior presents well for its age. Life on the road should be pretty pleasant aboard this GT with air conditioning, power windows, power locks, power mirrors, power seats, and a premium CD stereo.

It will be fascinating to gauge your feedback on this 2012 Mustang GT and whether any readers might consider pursuing it further. The price is undeniably affordable, and it appears to be rock-solid. The question mark hanging over the engine is a concern, as are the emerging airbags. Negotiating an in-person inspection would be wise, or do you feel there are too many questions to warrant the effort?