The Ultimate Guide to Buying a 1968 Ford Mustang: History, Value, and What to Look For
The 1968 Ford Mustang. An icon. A legend. A symbol of American muscle and automotive freedom. For many, owning a '68 Mustang is more than just having a classic car; it's about owning a piece of history. But navigating the world of classic car buying, especially when dealing with a model as popular as the '68 Mustang, can be tricky. This comprehensive guide will arm you with the knowledge you need to make an informed decision.
1968 Ford Mustang For Sale
Whether you're a seasoned collector or a first-time buyer, understanding the nuances of this iconic vehicle is crucial. We'll dive into its history, explore its various models and options, discuss what to look for when buying, and provide insights into its current market value.
Why the 1968 Mustang Still Captures Hearts
The 1968 Mustang represents a pivotal year in the model's history. It was the year that the Mustang truly embraced its muscle car persona.
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Styling Enhancements: The '68 Mustang received a significant facelift compared to its predecessors. The most noticeable changes were the side scoops, revised grille, and taillights. These updates gave the car a more aggressive and muscular stance.
Engine Options: The '68 Mustang boasted a wide array of engine choices, from the economical inline-six to the powerful big-block V8s. This variety allowed buyers to customize their Mustang to their specific needs and preferences.
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Cultural Impact: The 1968 Mustang was featured in numerous movies and television shows, further cementing its place in popular culture. Its association with speed, style, and rebellion resonated with a generation.
A Deep Dive into the 1968 Mustang Models and Options
Understanding the different models and options available in 1968 is crucial for any potential buyer. The '68 Mustang came in three main body styles:
Coupe: The hardtop coupe was the most popular and affordable body style. It offered a comfortable ride and practical features.
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Fastback: The fastback, with its sleek, sloping roofline, was favored by those seeking a sportier look. It was also the basis for the legendary Shelby Mustangs.
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Convertible: The convertible offered open-air driving and a touch of glamour. It was a popular choice for those who wanted to cruise in style.
Engine Choices: Power Under the Hood
The engine options for the 1968 Mustang were diverse, catering to a wide range of performance desires.
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200 CID Inline-Six: The base engine, offering reasonable fuel economy and adequate performance for everyday driving.
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289 CID V8: A popular choice, providing a good balance of power and efficiency. Several versions were available, with varying horsepower ratings.
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302 CID V8: Introduced mid-year, the 302 offered a slight performance upgrade over the 289.
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390 CID V8: A big-block engine that delivered serious power and torque. Available in several configurations, including the high-performance "S-code" version.
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428 CID Cobra Jet V8: The ultimate Mustang engine for 1968, the 428 Cobra Jet was designed for drag racing and delivered blistering acceleration.
Transmission and Other Options
Beyond the engine, numerous other options allowed buyers to customize their '68 Mustang.
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Transmissions: Three-speed manual, four-speed manual, and automatic transmissions were available.
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Power Steering and Brakes: These options enhanced the driving experience and made the car easier to handle.
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Air Conditioning: A desirable option for those living in warmer climates.
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Deluxe Interior: Offered upgraded upholstery, trim, and features.
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GT Equipment Group: Included performance enhancements such as a stiffer suspension, quicker steering, and special badging.
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Exterior Colors: A wide range of colors were offered, allowing buyers to personalize their Mustang's appearance.
What to Look For When Buying a 1968 Mustang
Finding the right 1968 Mustang requires careful inspection and research. Here are some key areas to focus on:
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Rust: Rust is the biggest enemy of classic cars. Pay close attention to the usual suspects, such as the floors, frame rails, rocker panels, and lower body panels.
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Originality: Determine how original the car is. Original parts and documentation add value. Modified cars may be desirable, but they should be priced accordingly.
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Engine and Transmission: Check the engine and transmission for leaks, unusual noises, and smooth operation. A compression test can reveal the engine's overall health.
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Body Condition: Inspect the body for dents, scratches, and evidence of previous repairs. Look for consistent paint color and smooth body lines.
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Interior Condition: Check the seats, carpets, dashboard, and door panels for wear and tear. Replacement parts are available, but original interiors are more valuable.
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Documentation: Look for original paperwork, such as the build sheet, window sticker, and owner's manual. These documents can help verify the car's authenticity and history.
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VIN and Verify that the Vehicle Identification Number (VIN) on the car matches the VIN on the title. This is crucial to ensure that the car is legally owned and not stolen.
Common Mistakes to Avoid
Based on my experience, there are some common pitfalls to sidestep when buying a '68 Mustang:
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Rushing the Inspection: Don't be pressured into buying a car without a thorough inspection. Take your time and carefully assess the car's condition.
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Ignoring Rust: Rust can be expensive to repair. Don't underestimate the cost and effort involved in rust remediation.
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Overpaying: Research the market value of similar Mustangs before making an offer. Don't overpay for a car that is not in excellent condition.
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Neglecting Documentation: Documentation is crucial for verifying the car's authenticity and history. Don't buy a car without proper paperwork.
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Buying Sight Unseen: Whenever possible, inspect the car in person before buying it. Photos can be deceiving.
Pro tips from us
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Bring a knowledgeable friend: A second pair of eyes can help you spot potential problems that you might miss.
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Get a pre-purchase inspection: A professional mechanic can provide a detailed assessment of the car's mechanical condition.
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Negotiate the price: Don't be afraid to negotiate the price. Be prepared to walk away if the seller is unwilling to budge.
The Current Market Value of a 1968 Mustang
The value of a 1968 Mustang varies widely depending on several factors, including:
- Model: Fastbacks and convertibles generally command higher prices than coupes.
- Engine: Mustangs with larger, more powerful engines are typically worth more.
- Condition: Cars in excellent, original condition are the most valuable.
- Options: Desirable options, such as air conditioning, power steering, and a deluxe interior, can increase the car's value.
- Location: Market conditions vary by region.
As a general guide, here's a breakdown of the estimated market value of a 1968 Mustang in 2024:
- Coupe: \$15,000 - \$40,000+
- Fastback: \$25,000 - \$75,000+
- Convertible: \$30,000 - \$80,000+
Keep in mind that these are just estimates. Prices can vary significantly depending on the specific car and the current market conditions. To get a more accurate estimate, consult with a classic car appraiser or check online auction sites and classifieds. You can also check resources like Classic.com.
Restoring a 1968 Mustang: A Labor of Love
Restoring a 1968 Mustang can be a rewarding but challenging endeavor. It requires a significant investment of time, money, and effort. However, the end result can be a stunning classic car that you can be proud of.
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Planning is Essential: Before starting a restoration project, develop a detailed plan. This should include a budget, a timeline, and a list of the parts and services you will need.
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Start with a Solid Foundation: Choose a car that is relatively complete and has minimal rust damage. This will save you time and money in the long run.
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Do Your Research: Learn as much as you can about the '68 Mustang. Consult with other restorers, join online forums, and read books and articles about the car.
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Don't Be Afraid to Ask for Help: Restoration can be a complex process. Don't be afraid to ask for help from experienced restorers or mechanics.
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Be Patient: Restoration takes time. Don't rush the process. Take your time and do things right.
The 1968 Mustang: A Timeless Classic
The 1968 Ford Mustang is more than just a car; it's a symbol of American automotive history. Its iconic design, powerful engines, and cultural significance have made it a timeless classic that continues to captivate enthusiasts around the world.
Whether you're looking to buy, restore, or simply admire a '68 Mustang, understanding its history, features, and value is essential. This guide has provided you with the knowledge you need to make informed decisions and appreciate this legendary vehicle. So, go ahead and explore the world of the 1968 Mustang. You might just find your dream car waiting for you.
For further reading, you might be interested in our article on [Best Classic Cars to Restore] and [Ford Mustang History].