Since its premiere in 1964, the Ford Mustang has been the epitome of the rebellious, affordable and practical sports car. The original concept – long hood, short deck lid, low weight and a sporty appearance – was particularly appealing to the up and coming youth buyer of the mid 1960s. The Mustang owes its name to the P51 Mustang, one of the most brilliant pursuit planes of World War II.
The agile vehicle, which was based on the successful Ford Falcon, established a vehicle class of its own – the Pony Car Class. The novel design and performance of the Mustang, in combination with a clever image campaign, has secured the Mustang its place as the pioneer in this class since day one.
Initially, the Ford Mustang was only available as a coupé or as a convertible and was equipped standard with a 6-cylinder engine. In addition, a V8 engine was available in two different sizes (260 ci and later 289 ci).
The development of the Ford Mustang progressed quickly. In 1965, a third body style, the popular Fastback, hit the market.
In the subsequent years, the Mustang evolved with larger dimensions, and higher capacity engines with more horse power. From 1967 onward, the Mustang was offered with a 6.4-litre engine (390 FE) termed the "S Code" – it was the first big block motor available in a Mustang. A 428-ci Mustang Cobra Jet was to follow in 1968 as the "R" Code.
Steve McQueen made the 1968 Ford Mustang Fastback GT 390 famous (and infamous) in a spectacular car chase in the movie "Bullitt".
Yet, even without this movie scene, the classic Mustang would have made it easily as one of the most well-known icons of automobile history. Today, it is one of the most sought-after cars by collectors worldwide.
Market price developments, especially for the 1967/68 Ford Mustang Fastback (with the big block engine) has steadily risen each year. Accordingly, the price for high quality restored vehicles has nearly doubled in the past 6 years.