The Ford Mustang got a modest redesign for the 1969 model, growing a bit in length and gaining some weight in the process.  The front end now featured four headlights instead of just two and the fastback body officially became known as a SportsRoof, but the most exciting news for ’69 was the introduction of the Mach 1 such as this project pony car here on eBay.  This one’s up in Tyler, Minnesota, with bidding up to $18,000 so far and there’s no reserve, so the most optimistic contender will have bought themselves a roller to work on this winter.

Unfortunately, there’s no motor or transmission, but at least that eliminates all worry that this Mustang needs to remain numbers-matching and opens up the possibility of building it exactly how the next owner prefers.  But if he chooses to go back to how if left the factory in Dearborn, that’s certainly not a bad choice as this one was originally equipped with a 351-4V and a 3-speed manual transmission, a capable combo with that V8 producing 290 horsepower in stock form.  If you’re looking for a bit more power, a 390 under the hood would be a fine bet, that is unless you happen to have a 428 at your disposal.

The body shows a collection of battle scars and some rust in the bottom corners of the doors, but with some careful massaging and a few panel repairs, this one seems like it would be ready for a respray with somewhat less effort than many Mach 1 projects we’ve run across over the last few years.  Granted, it needs plenty of exterior work and there’s no word on why some of the metal has been primed, but overall the Mustang seems to be at a decent starting point on the outside and appears pretty much complete.

Much of the interior is going to need some sort of attention, or at minimum a very thorough cleaning if it’s just a driver you’re going for.  The floor clearly has issues, but for $500 you can buy a brand-new component such as this floor pan from Virginia Classic Mustang, which is probably a wise investment.  The seller only provides two photos from the underside so we only get to view a fraction of the platform, but this one small frame section that can be seen here appears to be reasonably solid.  What are your thoughts on this 1969 Ford Mustang Mach 1?  How much is a fair price to pay for this project as it sits?