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Ford Motor Co. will soon sell brand-new 1965 Ford Mustangs for just $15,000 each. The only hitch: There's some assembly required.



As part of its Ford Reproduction business, Ford revealed today it had approved a new stamping of the steel bodies for first-generation Mustang that buyers could then build into their own 1964 1/2 through 1966 Mustang, using whatever engine, axles, interior and other parts they can find on their own.



The first-generation Mustangs rank as America's most-restored vehicle, and the cottage industry of reproduction parts has grown to where it's possible to build a Mustang just as it would have appeared on the showroom floor in the mid-1960s, down to the pushbutton AM/FM radio.



Ford says the new body shell built by California-based Dynacorn has been improved only slightly with modern welding techniques and rustproofing, and comes out of the crate nearly ready for paint and assembly. The company already offers metal bodies for Mustangs from 1967 through 1970, and has been in talks with Ford to remake the original body of the Ford Bronco. There's still life in those old horses yet.