This Fastback Mustang GT has some serious potential. The seller claims the body is solid, but it has had some patch work done in the past. They believe it was restored sometime back in the ’80s and was repainted red at that time. Originally, they had plans of installing a 2008 Shelby GT500 engine and transmission in it, which they have on a pallet. The car is currently bid up to $25k with no reserve and 8 days to go. Plus, if you want the Shelby drivetrain, you will have to work out a deal separately for it. You can find this Mustang here on eBay in Highland, Illinois.

The seller believes the engine that is currently in the car is a 4-barrel 289 V8 from a ’65 or ’66. They were able to get it running, but it needs work. It’s paired to a 4-speed, which shifts through all the gears. They don’t offer the car’s numbers, so we don’t know which engine it originally shipped with. There’s a big difference in value between small and big block cars, so it would nice to know what it should have under the hood.

I’m actually kind of surprised by the current high bid on this Mustang. I think it could very well be worth this much or more, given what Fastbacks are going for these days, but I can’t help but wonder if the 2 bidders think the Shelby engine comes with it. Unfortunately, it’s going to cost you extra to take the engine home and the seller doesn’t state how much they are going to want for it. It sure would be cool to have a 500 horsepower supercharged 5.4 V8 under the hood!