With a total of just 1,806 cars customized between 1987-1990 (according to ascmclaren.com), no one would argue the rarity of the ASC/McLaren Mustang in regard to production numbers.  In 1987, only 479 of these Mustangs were produced and 63 of that number were offered in the white and blue color combination.  Available for sale here on eBay, this Mustang is one of those 63.  Such limited production numbers are initially intriguing but in reality, perhaps the most attractive aspect of this car is its extraordinarily low mileage which stands at 7,800, according to its seller.  Located in Parsippany, New Jersey bidding has reached $9,599 for this Fox-body custom convertible with plenty of time still left in the auction but the reserve price not met.

For a car produced in relatively low numbers, a quick internet search reveals there are a surprising amount of ASC/McLaren Mustangs currently available for sale.  The going rate is typically between $8,500 and $12,000 for one of these cars which, from an investment standpoint, isn’t the greatest ROI for the person that paid over $20,000 for a new one thirty years ago and has held onto it. But for someone looking to get in on a rare collector, the seller’s claim that this car offers “exceptional value considering condition/price” is spot on.  With less than 8K miles this Mustang is still in like-new condition with “perfect factory paint” and even wears its original tires.  The blue ASC (American Sunroof Company) cloth top shows no imperfections whatsoever.  Check out the unique three-panel rear window, a design resulting from the modifications that were made to the windshield which was “pulled back” when the car was customized.

The blue with grey accent colored interior looks brand new and, consistent with the car’s ultra-low mileage, the thickly padded, custom embroidered leather seats appear to have seen very little tuchas time.  Part of the customization process at ASC/McLaren included removal of the rear bench, uniquely making these Mustangs bonafide two-seat sports cars.  This one comes “fully loaded,” according to its seller.  The list of features includes air conditioning, power windows & doors, and a factory AM/FM cassette player with everything operating as it should.

The seller describes the engine compartment as “mint,” a claim that appears to be backed 100% by the photo provided in the ad.  The 5.0 liter V-8 Mustang GT motor remained stock with the ASC/McLaren – no modifications were made whatsoever and this one comes outfitted with the optional 4-speed automatic transmission.  That will likely be perceived as a detriment to many Mustang aficionados and other would-be ASC/McLaren collectors.  How much does that detract from the overall value of the car?  We’ll find out when the auction dust settles.  Of note, the seller mentions a new exhaust was recently installed and I’m curious as to what necessitated the repair.  Was the original exhaust rusted due to damp storage conditions?  That would be odd considering the original tires don’t appear to have suffered from poor storage.  It’s reported these Mustangs are prone to rust associated with the bodywork that was done to the rear quarter/trunk area.  As with any car that’s lived in the Northeast U.S., getting this one up in the air for a check underneath would be wise before bidding, don’t you think?