Sep 30, 2022  •  For Sale  •  78 Comments

Too Far Gone? 1970 Ford Mustang Boss 302

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Decades of involvement in the classic scene have often left me pondering whether any car reaches a point of no return. When does an owner look at a project and decide that returning it to its former glory is no longer financially viable? That is the vexing question raised by this 1970 Ford Mustang Boss 302. The original owner loaded it with optional extras, but time has treated it harshly. It needs a new home, with the seller listing it here on eBay in Velva, North Dakota. They set a BIN figure of $12,500, although they leave the option to make an offer.

So, where do we start with this Mustang? Reading the supplied Marti Report reveals the original owner wasn’t afraid to open their wallet with this classic. It wore Medium Lime Metallic paint and included a shaker hood, tinted glass, sport slats, Magnum 500 wheels, and a rear spoiler. Those features are a distant memory, as are all the hanging panels and trim. The car has had at least two significant hits, with the driver’s side frame rail and inner fender badly bent and the passenger side rear quarter panel in a similar state. The A-Pillar is gone on one side, and there is evidence of developing rust in the floors and trunk pan. That doesn’t leave much beyond the tags for the buyer to salvage. Companies like Dynacorn offer replacement bodyshells with the doors and decklid, representing an investment of $17,500. Add fenders and a hood, and the total climbs to $19,300. The buyer must source a complete set of exterior trim, glass, and new wheels. Suddenly, this is an expensive restoration before considering the interior or mechanical components.

Since this Mustang started life as a Boss 302, it is no surprise that its engine bay housed the G-Code 302ci V8 producing 290hp and 290 ft/lbs of torque. The original owner added a four-speed wide-ratio manual transmission, a 3.50 Traction-Lok rear end, and power assistance for the steering and front disc brakes. Ford didn’t develop the Boss 302 for scorching down the ¼ mile, but this car should still complete that journey in 15 seconds. They had their sights set on beating the opposition in the highly-competitive Trans Am series, and the top speed of 133mph demonstrates that this classic’s natural home was on the racing circuit. The company’s Boss 429 was the obvious choice for those wishing to tear up the local drag strip and was capable of covering the ¼-mile in 13.7 seconds. I may be the odd man out, but if I had to choose between the two, I’d take the 302 every time. My reasoning comes down to the subject of weight. The 429 tips the scales around 330lbs heavier than the 302, and with most of that weight hanging over the front wheels, it isn’t as nicely balanced or agile on twisting roads. The entire drivetrain for this Boss is gone, and replacing it would not be cheap. It also raises the specter that this classic can never be numbers-matching regardless of how meticulous the builder is. The shopping list extends to a complete interior. Like Old Mother Hubbard, looking inside this Mustang reveals the cupboard is bare. The issue extends beyond trim and upholstery because the seats and dash are long gone. A complete trim kit costs $2,500, but the remaining hardware lifts the tally significantly. That’s a shame because the original owner ordered this Boss with a rim blow wheel, a sport deck rear seat, a clock, a console, a tachometer, and a trip odometer.

While regular readers probably realize I am an optimist by nature, I also admit I am a realist. Returning this 1970 Boss 302 to its former glory will require a massive injection of cash and a grimly determined new owner. The popularity of First Generation Mustangs as project build means that almost every required part is available as high-quality reproductions. That means returning it to showroom condition is possible. Such a strategy would see it command a six-figure value…if it were numbers-matching. Unfortunately, that can never happen, and it will negatively impact its potential value. My instincts tell me the best days are behind this classic but do you agree?

Comments

  1. Fahrvergnugen FahrvergnugenMember
    Sep 29, 2022 at 6:24am

    With all the sharp angles on this beauty, it should hold the bottom really well, serving as a boat anchor…what a stupid BIN number.

    Like 56
    • Bill
      Sep 30, 2022 at 9:33am

      I think the boy was in the car at the time of impact and no helmet

      Like 3
  2. Harvey HarveyMember
    Sep 29, 2022 at 6:39am

    Kid on a tricycle with a sprained ankle could leave this in the dust.

    Like 16
    • Gimpy
      Sep 30, 2022 at 10:50am

      Whoa there! Sprained my ankle weeks ago and Doc said stay away from the trike for several more weeks!

      Like 0
  3. bobhess bobhessMember
    Sep 29, 2022 at 7:29am

    Number 4 on the September “you’ve got to be kidding” award.

    Like 27
  4. JACKinNWPA JACKinNWPAMember
    Sep 29, 2022 at 7:48am

    Too far gone? Not if it has a tag and title someone will attach than to their old base model and push it onto a buyer that doesn’t know any better. And does a complete new body engine interior etc. constitute a restoration?

    Like 13
  5. Raoul-F Raoul-F
    Sep 29, 2022 at 4:48pm

    It can be seen as a piece of scrap metal art…. maybe 🤔

    Like 13
  6. Will Fox
    Sep 30, 2022 at 7:08am

    Trying to get something out of nothing never works. $12,500.?!
    Nice dream, but that’s about it.

    Like 15
  7. PaulG
    Sep 30, 2022 at 7:09am

    The reproduction parts are anything but high quality, and any chance of pulling a fast one would be zero…
    $12.50 buy-it-now makes a bit more sense

    Like 24
  8. Frank Sumatra
    Sep 30, 2022 at 7:15am

    A textbook example of “Clickbait” and I bought right in. You’re welcome guys.

    Like 15
  9. Darren
    Sep 30, 2022 at 7:24am

    Coming soon to a Scottsdale Auction.

    Like 0
  10. mike
    Sep 30, 2022 at 7:25am

    Owner…you are kidding right??

    Like 5
  11. Rw
    Sep 30, 2022 at 7:28am

    Can’t make a real comment with out profanity, I’ll stop here.

    Like 25
  12. Cam W.
    Sep 30, 2022 at 7:41am

    This may end up like Washington’s Axe (handle and blade replaced several times after his death).
    While there is a lot of “nudge/wink” going with regard to attaching VINs from wrecks to other cars to recreate more valuable cars , it is actually unlawful.
    Removing a VIN from one car, and reattaching it to another is a federal offence. Period
    While the police won’t always get involved (unless there is evidence of theft, or strong evidence of fraud), there are many civil cases where new owners successfully sued previous owner(s).
    Lawsuits are probably more common than you think, and there are a number of attorneys, and experts that specialize in this field.
    If the VIN had been switched several owners ago, everyone in the chain will all probably be named in a legal action.
    It is now more important than ever to thoroughly check (document and verify) the history on any car you buy. This protects you from getting stuck with a bad car, or being sued (maybe years after) you sell it.

    Like 9
    • Terry
      Oct 2, 2022 at 10:31pm

      Never, ever screw around with vin tags. I know two guys that had their vehicles confiscated and spent the weekend in jail over that very thing. They knew no better (bought the one car and the other guy put a rust free door on his F150, it has the vin tag on it) and their lawyers were able to get them off. They were looking at a minimum five years in prison. Just don’t do it

      Like 1
  13. wuzjeepnowsaab
    Sep 30, 2022 at 7:42am

    Obviously another VIN tag sale. I wish BF would not help promote these.

    Like 33
  14. landerso
    Sep 30, 2022 at 7:55am

    Maybe the comma in the BIN was supposed to be a decimal point.

    Like 4
  15. Melton Mooney
    Sep 30, 2022 at 8:00am

    BF should start a sister website called Utterly Hopeless Finds, and make this the first listing.

    Like 16
    • PaulG
      Sep 30, 2022 at 8:15am

      UHF!
      I like it…

      Like 5
  16. Rodney - GSM
    Sep 30, 2022 at 8:36am

    “…sometimes dead is better.”

    -Jud Crandall
    Pet Cemetery

    Like 13
  17. W72WW3
    Sep 30, 2022 at 9:28am

    Let me answer the question with a question..is a pigs butt made of pork??

    Like 2
    • nlpnt
      Sep 30, 2022 at 6:52pm

      Does the Pope work Sundays?

      Like 0
  18. Rob
    Sep 30, 2022 at 9:34am

    🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

    no!!

    Like 2
  19. Lance
    Sep 30, 2022 at 9:41am

    Taking drugs distorts one’s view of reality .

    Like 4
  20. RNR
    Sep 30, 2022 at 9:42am

    See – it’s not just us MoPar guys!!!

    Like 14
  21. mjf
    Sep 30, 2022 at 9:49am

    Is this a question? too far gone?

    Like 3
  22. Alan
    Sep 30, 2022 at 9:53am

    Maybe whatever lines of drugs he’s on caused this wreck! Junk!

    Like 3
  23. Troy
    Sep 30, 2022 at 9:59am

    That thing is so far gone they wouldn’t even ask for title to scrap it

    Like 4
  24. TBall
    Sep 30, 2022 at 10:05am

    Bartender. I’ll have what he’s drinking.

    Like 3
  25. fliphall
    Sep 30, 2022 at 10:07am

    He will pay me how much to haul away?

    Like 2
  26. Steve
    Sep 30, 2022 at 10:13am

    Too Far Gone? Not even a scrap dealer would want it.

    Like 0
  27. Ted Mathis
    Sep 30, 2022 at 10:16am

    I’ll give the seller $12,500 for it. If it includes the trailer it’s sitting on and that white late model F150 in the background in one of the pictures.

    Like 7
  28. Doug
    Sep 30, 2022 at 10:17am

    I guess the owner could have bragging rights . Hey I own a 302 Boss Mustang !!!! Never show anyone let them think how cool you are !!!!

    Like 3
  29. shelbyGT500Member
    Sep 30, 2022 at 10:20am

    Marti’s Report forgot to mention that this car was involved in a Demolition Derby and has an award.

    Like 8
  30. Chris
    Sep 30, 2022 at 10:21am

    Maybe $12.50

    Like 0
  31. Chet
    Sep 30, 2022 at 10:41am

    That’s a Bold Strategy, Cotton (Let’s See If It Pays off for Him).

    Like 1
  32. Greg GustafsonMember
    Sep 30, 2022 at 10:46am

    This “Boss” needs to be give its walking papers.

    Like 0
  33. K Gun Offense
    Sep 30, 2022 at 10:54am

    I will admit I am one of those optimistic people that believe most of the old cars could and should be restored. Especially a Boss Mustang 302 with all those options! Was a great car in it’s day no doubt. However in this case, there is nothing to work with. If it had the original drivetrain in this condition maybe. However, this car has nothing going for it except what it was. You would be underwater quick in money with this wreck. I tried but there really is nothing to work with on this wreck. Sad but true. $12,500 is a compete joke. This car deserves the crusher to put it out of its misery. With the accidents and lack of an Interior and drivetrain make it impossible. I can’t imagine someone taking this on. So many more that have some type of potential. None here unfortunately!! Very sad!!!

    Like 3
  34. DA
    Sep 30, 2022 at 11:13am

    eBay listing says, “Saved from the crusher”. Really? That is comedy; it was already halfway there.

    No bids, 144 watchers, to see if someone is dumb enough to bid on a rusted, dented shell.

    The VIN sticker pictured on eBay is not original, but a reproduction that can be had for about 50 dollars. The original would have been stamped metal.

    This “car” is nothing more than silly.

    Like 5
    • Jim
      Sep 30, 2022 at 1:08pm

      True it is probably a reproduction but they were stickers by 1970 and not metal. I had one made up through Marti for a Mach 1 I had painted.

      Like 0
  35. grant
    Sep 30, 2022 at 11:16am

    Too far gone? Yes. And as someone commented above, the only thing for sale here is a VIN, and the only possible use for that VIN is fraudulent. As much as we all like discussing these heaps, rewarding bad behavior only encourages it.

    Like 1
  36. Howie
    Sep 30, 2022 at 11:20am

    I would want to test drive first.

    Like 12
  37. Tahir Khan
    Sep 30, 2022 at 11:21am

    simply unbelievable! I blame this stupidity on all the fake restoration shows. Everyone think their scrap metal is priceless. Those shows get all their parts for free from manufacturers in return for advertising, the actual cost in parts, labor and time to restore junk like this is staggering. Cheaper to buy one thats already driving. Glad to see no one is so stupid as to bid on this.

    Like 1
  38. Scott L.
    Sep 30, 2022 at 11:35am

    I could immediately recognize it as a Mustang form the first image. So that’s something.

    Like 1
  39. DelBoy
    Sep 30, 2022 at 12:08pm

    Only came here for the comments. Not disappointed! Thanks boys.

    Like 7
  40. JagManBill
    Sep 30, 2022 at 12:20pm

    Actually, if you swap the VIN plate to something like a Dynacorn reproduction shell and destroy the original carcass, its not illegal. If you swap the VIN to another car in which you have to remove a VIN plate or its VIN plate was already removed, THATS illegal.
    Being ethical would be to disclose the restoration was on a Dynacorn body, but we know that doesn’t happen very often. With excellent condition values per Hagerty at over $100k right now, by the time you get the body and parts you still have a good chance of at a minimum breaking even or better

    Like 3
    • Bill McCoskey Bill McCoskeyMember
      Oct 2, 2022 at 5:51pm

      JagManBill,

      Thanks for the comment. As a court recognized ‘expert’ in transportation matters, I can clearly agree that provided all the rules you mention are followed, and the work is disclosed to the next owner, using a new body with the addition of the correct set of VIN stamps/tags/stickers is permitted under federal DOT regulations.

      Technically, based on the definition of restoration and the fact that a Dynacorn body is legally defined as a part [in 1970 it was technically possible to order a complete body shell without VIN, for a car that was wrecked]. It helps that Dynacorn is approved by Ford to sell replacement body shells.

      There is precedent:

      I was involved in a case where a 1950s Imperial convertible had been driven off the front of a new car carrier semi truck, and after the front of the car struck the ground, the car flipped onto it’s top. It had 3.2 miles on the odometer. The Chrysler dealer ordered a brand new body shell along with the various damaged parts, but never finished the work. It was later purchased by a man who finished the car, transferring the VIN info before destroying the original body. Wisely he had the state police witness the work and the destruction of the original body. The state refused to issue a title [it was still on the certificate of origin paperwork], and he sued the state. He won, along with the appeal. The state did finally issue a title, and ended up paying all his legal fees including my court appearance costs. [His legal and court costs were close to $30k.] As far as I know his family still has the car.

      Now as it’s been established thru the courts, in replacing PART of a body it’s possible to allow the replacement of the correct VIN on that part of the body.

      If 2 other body sections [from different cars with different VIN] were purchased as separate ‘parts of a body shell’ and correctly welded together, it should be possible [with state or federal DOT examination] to replace the old VIN info with the new VIN, provided legal documentation is maintained, so it MIGHT be possible to create this car again, but this does not have any legal precedent as far as I know.

      Some states may consider the car as ‘reconstructed’ or a similar classification. The important thing to remember is the need to disclose all of this work to subsequent owners, and to keep a copy of the paperwork where the new buyer understands what work was done.

      I am not an attorney, and before attempting to go forward with similar plans, one should consult an attorney specializing in transportation law.

      Like 2
  41. Taconix
    Sep 30, 2022 at 12:35pm

    Need to see a cold start video.

    Like 5
  42. bone
    Sep 30, 2022 at 12:58pm

    I dont think this was even in a wreck; I think it was just a junked car that was completely parted out and the damage was caused by a loader moving this heap around long after the good parts were removed- I mean why take off a trashed fender or smashed windshield if you didnt have to ? Same with the left front suspension. If it was crashed, they would be junk, but they have all been removed

    Like 3
    • Jeff
      Sep 30, 2022 at 2:59pm

      Agreed. And wouldn’t it be a real hoot if there is another car out there already wearing that VIN and with the original engine from this car? It’s happened before with rebodied cars, including a 69 Trans Am that the original body surfaced on eBay shortly after the rebodied “car” had sold at a high profile auction for a very high price. I ran the VIN on NMVITIS and it shows a hit, but could be this seller’s title since he says in the ad that he has one.

      Like 3
    • PRA4SNW
      Sep 30, 2022 at 6:30pm

      That’s my thought, too. Just too many “investors” in this old car business that won’t leave a dead car lie. Probably had to dig pretty deep in the junk pile to pull this one out of its permanent resting place.

      Like 2
  43. Jack Quantrill
    Sep 30, 2022 at 1:08pm

    Seller, has a lively sense of humor! Go along with the joke, please!

    Like 2
    • local_sheriff
      Oct 2, 2022 at 12:51pm

      The seller is either a prankster or very, very stupid… I’m hoping for him he’s the former…

      Like 0
  44. Stephen G Paulus
    Sep 30, 2022 at 1:09pm

    Still R12 or has it been converted to R134?

    Like 4
  45. Paul S
    Sep 30, 2022 at 1:49pm

    Scrap it !!

    Like 0
  46. douglas hunt
    Sep 30, 2022 at 2:04pm

    sad :-(

    Like 0
  47. Bill
    Sep 30, 2022 at 2:05pm

    If it was a 356 Porsche speedster it would fetch that money. But it ain’t!

    Like 2
  48. Michael Garner
    Sep 30, 2022 at 3:07pm

    Sigh……..

    Like 0
  49. James427
    Sep 30, 2022 at 5:27pm

    Well, if it is a VIN tag sale, the seller shot themselves in the foot by posting the VIN number in public. It will now be in the Boss Registry as a destroyed vehicle and if it ever shows up driving under its own power, as a rebody. Thus killing whatever profit motive anyone that typically does a VIN swap is looking for.

    Like 1
  50. Marinenorm
    Sep 30, 2022 at 5:48pm

    It is my 100.00 dollar bet he paid 20.00 for it or it was given to him by someone who was going to get a fine for littering. Are there stupid people who would even make an offer?

    Like 0
  51. Richard Carroll
    Sep 30, 2022 at 6:26pm

    Too far gone!! Crush it into a manageable form and make a coffee table or wall art.

    $12,500 – it’s okay to dream, just don’t drool on your pillow!

    Like 0
  52. timothy r herrod
    Sep 30, 2022 at 6:41pm

    reminds me of the one that sat on K hiway south of amazonia, but that one was in a little better shape in that it still had the front fenders on it, but it was still an over priced shell. Gone now tho, maybe someone bought it

    Like 0
  53. scott m
    Sep 30, 2022 at 6:52pm

    Parked when ran over

    Like 4
  54. nlpnt
    Sep 30, 2022 at 6:58pm

    Let’s see, this or what might be the best Nissan Stanza 4wd Wagon left on the planet, for about the same money…

    Like 0
  55. Tim
    Sep 30, 2022 at 7:10pm

    lol,lol>>>>>>>>

    Like 0
  56. Mike
    Oct 1, 2022 at 12:34am

    😅😅😂😂😂🤣🤣🤣😭😭😭😭🤣🤣🤣
    $100, 😂😂😂😂😂 that’s about what you’ll get from the local scrap yard. Take it, that’s a bargain
    😅😅😂😂😂😂🤣🤣🤣

    Like 0
  57. Dave, Australia
    Oct 1, 2022 at 2:50am

    The question mark after “gone too far” absolutely not necessary, especially to our experienced BF audience. Even an 11 yo boy would need jyst a cursory glance at the poor remnant Mustang on the trailer to know the sad answer.

    Like 0
  58. Jamie
    Oct 1, 2022 at 6:00am

    Crazy to think that may be restored. Peterson Restorations that’s on YouTube does this in his sleep. All mustangs and he starts with even less than this on some cars. Maybe it’ll get restored, more likely a VIN swap. I have now given up on voicing how wrong the VIN swap is. It’s rampant and won’t stop. Ugh.

    Like 1
    • JagManBill
      Oct 1, 2022 at 7:07am

      Jamie, don’t give up. But there are times and places that it IS legal. Just most of the time its for illegal purposes. The Dayncorn swap is one legal way, and there are several builders in England that are doing similar for Jaguar and MG. But on a uni-body car its pretty much the only way. Other ways its legal is body swaps.

      I have a 73 Triumph Spitfire that was hit hard on the right side. Not practical for repair. So, I went to a local wrecking yard that had recently set a 75 Spit and bought the body off it. The wrecking yard removed the build plate to retain with the chassis and I took the body home and put it on my chassis and attached my original data plate. There is nothing illegal about that.
      Key is there is no intent to defraud. Even if I sell the car at some point, its still a 73 Spitfire per the data plate. The stamped number on the chassis matches the data plate matches the title.

      Like 1
  59. CadmanlsMember
    Oct 1, 2022 at 3:20pm

    Is it in the registry? Someone is gonna get scammed out of this.

    Like 0
  60. George Birth
    Oct 1, 2022 at 6:25pm

    This (M) individual has high hopes. Personally I would not touch it even if he paid me. There is nothing left of any value on this one, sell it for scrap. Guys like this who try to sell scrap metal cars at such a ridiculous price should be arrested for fraud.

    Like 0
  61. Gerald Ramey Jr
    Oct 2, 2022 at 6:03pm

    It reminds me of what Dr. McCoy used to say on ‘Star Trek’, “It’s Dead, Jim.”

    Like 0
  62. Grant
    Oct 2, 2022 at 9:02pm

    Nice sunroof.

    Like 0
  63. Wayne Hart
    Oct 3, 2022 at 10:24am

    Being myself from North Dakota this is embarrassing, I thought we were people of more common sense !

    Like 1
  64. John S Barnes
    Oct 3, 2022 at 4:43pm

    Ashes to ashes, dust to dust, leave this sad pile to rust.

    Like 0
  65. LC
    Oct 4, 2022 at 11:14am

    This would make a great first candidate for an “Unthinkable Restoration” series. Obviously, it’s a ridiculous proposition but there is nothing I’d rather watch than a couple of Brits (who btw, can build cars out of a handful of iron oxide) put this Boss 302 back on track. I would call that amazing entertainment.

    Like 1
    • douglas hunt
      Oct 4, 2022 at 12:00pm

      have to agree…..while way way beyond mere mortals bank funds, if funded by deep deep deep pockets it would be nice to see a Boss 302 saved

      Like 0
  66. W72WW3
    Oct 4, 2022 at 12:14pm

    If wishes and buts were candy and nuts;
    Every day would be Christmas!!

    Like 0

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