Own a ’64 ½ Mustang Convertible for Only $1 Million Down and $42,064 a Month

How special would a Classic Ford Mustang have to be in order to fetch the kingly sum of $5.5 million? Well, what if it just happened to be the very first Mustang convertible to have rolled off of the production line on the first day of production—and just happened to be the first Mustang ever sold to the public?

The folks over at www.ClassicMuscleCars.com are betting that there is a Pony lover out there willing to sign along the dotted line and shell out the hefty down payment and monthly installment to add this 64 ½ Mustang to their own personal corral.

Don’t forget that this car was painstakingly restored back in the ’80s.

According to the listing, there were 185 pre-production Mustangs built on March 5, 1964. These cars were not intended for public sale. Instead, they were distributed to racing organizations and used in crash tests and research. However, just four days later another batch of Mustangs was assembled for public consumption. The car offered on the online automotive classified Web site is reported to have been the first convertible produced on March 9.

Adding to the mystique of this car—and pushing the price tag up even higher—is the fact that the documents accompanying the car reportedly show that it was delivered to its owner on the evening of April 16, the night before Mustang sales were supposed to begin across the country.

If you’re old enough to remember back that far, Ford introduced its Mustang line to the world for the first time on April 17, 1964, at the World’s Fair in Flushing Meadow’s NY.

The buzz surround the release of the Mustang was unmistakable and stories abound about the great lengths that Blue Oval fans went to in their attempts to get their hands on these cars. Including one about a man who slept in his Mustang at the dealership for two days until his check cleared the bank and another about a man who drove his truck through a dealership window, apparently so in awe of the Mustang he spotted sitting on the showroom floor that he simply couldn’t take his eyes off of it.

The demand was so high, that Ford sold nearly 22,000 Mustangs the first day they went on sale and another 400,000 over the next year.

Decked out in white with a black top, this particular Mustang convertible boasts a 260 Cu. in. V-8 engine with three-speed automatic transmission and comes complete with bucket seats, console, Rally Pac with gauges, wire wheels and rare heater delete.

According to the seller, for your $5.5 million investment, you not only receive the car, but the original window sticker, bill of sale, original registration, ownership history, letter from William Clay Ford, photos from the Towe Auto Museum display, and restoration receipts.

To view the classified listing, additional photos and a video of the car, CLICK HERE.

Is this car really worth $5.5 million? CLICK HERE and tell us what you think.

One thought on “Own a ’64 ½ Mustang Convertible for Only $1 Million Down and $42,064 a Month

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