Hidden away in this garage is a 1969 Mustang with a long competition history. Not only does it feature one of the most desirable drivetrain combinations available in that model year, but it has a genuine and documented 13,600 miles showing on its odometer. It had been sitting for many years, but the current owner has revived it and returned it to a roadworthy state. It runs and drives perfectly and rates as a rust-free survivor. The time has come for it to go to a new home, so the owner has listed it for sale here on eBay. The Mustang is located in Beverly Hills, California, and bidding has soared to $39,800 in a No Reserve auction.

This Mustang is a two-owner classic. It is an unassuming-looking vehicle finished in Meadowlark Yellow. The seller indicates that its original owner treated it to a repaint in its factory shade in the 1980s. The paint wears a few marks and scars, but nothing horrendous. The buyer may choose to perform a cosmetic refresh, but this is by no means essential. The panels have accumulated a few dings and dents, but there’s nothing that would demand immediate attention. The owner indicates that there is no history of accident damage and that there is no Bondo to be found in any of the panels. However, the big news is this classic’s lack of rust. It has spent its entire life in California, and the favorable climate has preserved its original steel. The prone lower body extremities look spotlessly clean, while the owner claims it remains 100% rust-free. It retains its factory Shaker hood, and this, along with the exterior trim, is in excellent condition. The tinted glass looks flawless, while the Mustang rolls on a set of aftermarket wheels. These may not appeal to purists, but sourcing and fitting a correct set should not prove a challenge.

The drivetrain combination in this Mustang is nothing short of mouth-watering. The original owner ordered this classic equipped with a 428 Cobra Jet V8, competition suspension, a C6 automatic transmission, a 3.50 Traction-Lok rear end, power steering, and power front disc brakes. He planned to use the car in competition drag racing, so he pulled and stored away the original drivetrain to preserve it. When its racing career ended in 1985, he refitted that beautiful Cobra Jet and placed the car in storage in 1987. The current owner located it in 2017, purchased it and returned it to a roadworthy state. After working through the revival process, he has clocked only around 335 miles behind the wheel in the last four years. In its current form, the Mustang should be capable of cutting a ¼ mile in 14.4 seconds. It may be fifty-three years old, but it can still hold its own in the modern world. It comes with a comprehensive collection of documentation dating back to Day 1, including paperwork to verify its incredibly low odometer reading. It runs and drives perfectly and should offer stunning performance to its new owner.

Apart from a column-mounted Sunpro tach and a wrap on the wheel, this Mustang’s interior is original and unmolested. There is a crease on the dash pad where the original owner sat a tachometer during this car’s competition history (he didn’t drill the pad to mount this item), but the pad itself is uncracked. There are also a couple of wear marks on the back of the driver’s seat from the racing harness, but a good upholsterer should be able to blend these successfully without the need to replace the cover. The remaining upholstery and trim are in excellent condition, as is the carpet. Due to the original owners’ focus on competition, it isn’t loaded with luxury extras that might sap performance potential. There is an AM radio to relieve the boredom on long journeys if the song being performed by that Cobra Jet isn’t enough to keep the occupants entertained. Otherwise, this interior is about as basic as they come.

The fact that this 1969 Mustang is not a Boss or a Mach 1 does not diminish its desirability. Its odometer reading is well below what you might expect for a classic of this age, while its drivetrain combination is one of the most desirable available in that model year. I’m not surprised that the bidding has been intense to this point, and I suspect that it will remain pretty lively until the hammer falls. It is hard to determine where the bidding may reach, but it should easily pass $50,000. This Mustang isn’t perfect, but its new owner will rightly drive it with pride. It makes me wonder whether that person will be one of our Barn Finds readers.