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1968 Ford Mustang

$33,997

1968 Ford Mustang

Vehicle Details

Make

Ford

Model

Mustang

Year

1968

Mileage

64,436 miles

VIN

8F01T190812

Body Type

Coupe

Transmission

Automatic

Engine

289 V8

Description

1968 Ford Mustang Coupe — 289 V8, Solid Floors, Clean Undercarriage Why This Car Is Special The 1968 Ford Mustang occupies a specific and important place in the car's history. It was the first year Ford restyled the original 1964-and-a-half platform in any meaningful way, adding a longer body with more pronounced rear quarter panels, sequential turn signals on the fastback, revised front end styling with a wider grille opening, and side scoops that gave the car a more purposeful look than the 1967 model it replaced. The overall silhouette grew slightly in every direction, but Ford was careful to keep the weight manageable and the proportions honest.

What often gets lost in the conversation about 1968 Mustangs is just how many of them were built. Ford produced over 317,000 Mustangs that model year, covering the hardtop coupe, fastback, and convertible body styles. The hardtop coupe, which is what you're looking at here, accounted for the majority of production.

That high volume is exactly why finding one in this condition — with solid floors, a clean undercarriage, and no apparent structural rust — takes some patience. Time is not kind to unibody cars, and the floor pans on a first-generation Mustang are typically the first thing to go. The 1968 model year also introduced several federally mandated safety changes, including side marker lights, a dual-circuit hydraulic brake system, and energy-absorbing steering column.

These weren't marketing features — they were government requirements — but they make the 1968 a more confidence-inspiring car to drive than its 1965 or 1966 predecessors. The VIN on this car decodes to a San Jose, California-assembled 1968 Mustang hardtop coupe with the 289ci V8 and automatic transmission, which aligns exactly with the car as presented. Features List - 289ci V8 Engine - 3-Speed Automatic Transmission - Dual Exhaust - Air Conditioning Compressor - Black Vinyl Bucket Seats - Grant Aftermarket Steering Wheel - Updated Alloy Wheels - Chrome Bumpers Front and Rear - Clean Undercarriage - Solid, Unpatched Floor Pans - Drum Brakes All Around Mechanical The engine under the hood is Ford's 289ci small-block V8, the same basic architecture that powered early Shelby GT350s and made the 289 one of the most respected small-displacement V8s of its era.

By 1968, the two-barrel version was rated at 195 horsepower. It's a torquey, free-revving engine that responds well to basic maintenance and has an enormous parts supply behind it. This one has been dressed with a polished chrome air cleaner and a set of finned aluminum valve covers, giving the engine bay a clean, period-correct custom look that suits the car well.

The A/C compressor is present and belt-driven off the front of the engine. Backing the 289 is a 3-speed automatic, which for most buyers is the right call. It makes the 1968 Ford Mustang Coupe a genuinely usable everyday classic — no clutch fatigue in traffic, no relearning a vintage manual gearbox that may or may not shift cleanly after decades of use.

The dual exhaust exits through a pair of mufflers visible under the rear valance and gives the car an appropriate exhaust note without being obnoxious. Braking is handled by drums at all four corners, which is the stock configuration for this car. They work fine at the speeds and driving conditions most owners put these cars through, and brake hardware is one of the most affordable and well-supported upgrade paths in the classic Mustang hobby if a future owner wants to go that direction.

The undercarriage photos tell the most important story here. The floors are solid with no patches, the unibody rails are intact, the suspension pickup points look clean, and the undercoating is in good shape. That's a significant finding on a 57-year-old car and substantially reduces the risk and cost for the next owner.

Interior The cabin of this 1968 Ford Mustang Coupe is finished in black vinyl throughout — door panels, bucket seats, dash, headliner, a

Classic Ford Mustang Buyer's Guide

Full guide
M
Mike Sullivan
Muscle Cars
1964–1973
~5 min read
Updated Apr 2026
The definitive buyer's guide for classic Ford Mustang 1964½-1973. Generation breakdown, rust hotspots, engine code identification, Marti Report essentials, and current market pricing.
This guide covers
✓ 10-point inspection checklist
✓ Common issues & what to avoid
✓ In-person inspection guide
✓ Market pricing by year & condition
✓ 6 FAQs answered
✓ History & fun facts

Ford Mustang Market Overview

Based on 453 Ford Mustang listings currently on ClassicCarsArena.com

453
Listed Now
$36,906
Avg. Asking Price
1964–2012
Year Range
Price Position on Our Site — Average Range
This car: $33,997
Low: $3,000 High: $284,995
Transmission Distribution
Automatic 55% ◄
Manual 31%
Condition Distribution
Excellent 6%
Good 6%
Fair 2%
Poor 0%
Project 0%
Data from ClassicCarsArena.com listings Browse all 453 listings →
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Classic Ford Mustang Buyer's Guide

The Ford Mustang launched on April 17, 1964 and sold a million units faster than any car in American history. Sixty years later, the first-generation Mustang (1964½-1973) remains the cornerstone of the classic car hobby — the gateway car for new collectors, the trophy car for veteran enthusiasts, and the most cloned, faked, and re-stamped muscle car on the market. Whether you're hunting a base inline-six coupe or a documented Boss 429, knowing what separates the real cars from the tribute builds is the difference between an investment and a money pit.

What to Check Before Buying

✓
Verify VIN against data plate and engine casting — Fifth digit of VIN = engine code. Cross-reference with block casting number behind cylinder head.
✓
Order Marti Report for any 1967+ car over $30K — Ford's original production records via Marti Auto Works. $25 confirms what the car actually was when it left the factory.
✓
Inspect torque boxes from underneath — Front and rear, where the unibody meets floor pans. Rotted torque boxes = $3,000-$6,000 repair and chassis flex.
✓
Pull kick panels and check cowl seam — Where windshield base meets firewall. Cowl rust here drains into the cabin and rots floor pans.
✓
Magnet test rocker panels and quarters — Body filler is non-magnetic. If the magnet doesn't stick, the panel has been filled — meaning underlying rust.
✓
Check shock tower welds for cracks — Cracks radiating from upper shock mount = beaten chassis. Common on Big Block cars and 428 CJs.
✓
Verify original GT/Mach 1/Boss equipment — Without Marti docs and matching data plate, treat all performance trim claims as clone candidates.
✓
Test all electrical functions — Every gauge, every switch, every light. Brittle 60-year-old harnesses and worn switches are universal.
✓
Compression test all eight cylinders — Should read 145-175 PSI uniformly. Variance >15% between cylinders = head gasket or ring problem.
✓
Drive at least 30 minutes on highway — Listen for differential whine, transmission slip, brake pulsation, steering wander. Watch for overheating in stop-and-go traffic.

Common Issues

Mustang rust is everywhere and predictable. The torque boxes (front and rear, where the unibody meets the floor pans) are the structural killers — rotted torque boxes mean the car flexes under load and the doors won't close right. Cowl rust hides under the dashboard where the windshield base meets the firewall. Floor pans rust through from the underside in any car that lived north of the Mason-Dixon. Rear quarters, lower fenders behind the front wheels, and the trunk drop-offs are all standard rust zones. Mechanically, first-gen Mustangs are simple but the small details matter. The Toploader four-speed is bulletproof when synchronized properly; the C4 and C6 automatics are robust but commonly leak from front pump seals. The 9-inch rear is bombproof — but make sure the gear ratio matches what's claimed. Engine identification by casting numbers is essential: many cars wear the wrong block, and a 1968 GT 390 with a 1973 351W block is not what the seller is advertising. Electrical issues plague any 60-year-old car. The original wiring harnesses are brittle, the headlight switches fail, the gauges read inconsistently, and the turn signal switches die. Plan to replace the headlight switch, the ignition switch, and at least the engine-bay harness on any first-gen Mustang you buy. Budget $800-$1,500 for a complete electrical refresh.

What to Look For

Always start with the data plate (door tag) and the VIN. The fifth digit of the VIN is the engine code — A=289 4V, C=289 2V, D=289 standard, K=289 HiPo, F=302 2V, J=302 4V (Boss 302), M=351 4V, Q=428 CJ, R=428 SCJ Ram Air, S=390 4V, Z=Boss 429. Cross-reference the VIN engine code with the actual block casting number — they must agree. For any car claimed as a GT, Mach 1, Boss, Shelby, or Cobra Jet, demand a Marti Report. Marti Auto Works has Ford's original production records and can verify exactly what the car was when it left Dearborn or San Jose. A $25 Marti Report will save you $25,000 in mistakes. Cars without Marti documentation should be priced as clones, period. Unibody integrity is the other non-negotiable. Pop the hood, look at the shock towers — cracks radiating from the upper shock mount are common on Big Block cars and indicate the chassis has been beaten. Inspect the torque boxes from underneath. Lift the trunk mat and look at the trunk drop-offs. Pull the rear seat and check the floor where the seat bolts down. Fresh undercoating on a project car is a red flag — it's almost always hiding rust repairs.

Price Guide

Base 1965-1966 coupes with the inline-six or 289 2V remain the most accessible classic Mustang at $18,000-$32,000 for solid drivers. Convertibles add $8,000-$15,000 to equivalent coupe pricing. Fastbacks (1965-1968) are dramatically more valuable due to Bullitt and Eleanor pop-culture demand — a clean 1967-1968 fastback small-block runs $45,000-$75,000. 1967-1968 GT 390 cars (Bullitt-style) trade for $60,000-$110,000 with documentation. The 1968 GT 428 Cobra Jet is the holy grail of the small-bumper era at $120,000-$220,000 for documented numbers-matching cars. 1969-1970 Boss 302 and Mach 1 cars run $70,000-$140,000 depending on condition and equipment. The Boss 429 is six-figure-plus territory — $300,000-$600,000 for documented examples. 1971-1973 cars (the Big Body era) have historically been the bargain entry point but appreciation has accelerated since 2020. A clean 1973 Mach 1 with the 351 Cobra Jet now runs $45,000-$75,000 — up dramatically from the $25,000 territory of a decade ago. Project cars (running but rough) start around $15,000 for coupes and $22,000 for fastbacks.

Did You Know?

The Mustang was originally going to be called the Cougar — Lee Iacocca's team had "Cougar" emblems already produced before a focus group response prompted the last-minute name change. The Cougar name was eventually used for the Mercury sister car launched for 1967. Ford originally projected first-year Mustang sales of 100,000 units. The car sold 418,812 units in its abbreviated 18-month launch year, and over a million Mustangs were sold by March 1966 — a sales pace that has never been equaled by any other American automobile launch. The iconic 1964½ designation isn't actually a real model year — Ford built the early Mustangs as 1965 models, but the cars produced before September 1964 had different alternators, generators, and other details, leading collectors to designate them "1964½" cars to distinguish them.

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