The First Ford Mustang
The first Ford Mustang was officially introduced on April 17, 1964 at the World’s Fair in Flushing Meadows, New York. This marked the debut of the iconic pony car, which was also simultaneously launched in Ford showrooms across America. The Mustang was an immediate success, with almost 22,000 units being sold on the first day, far exceeding sales expectations. The first-generation Ford Mustang was manufactured by Ford from March 1964 until 1973, and it created a new class of automobiles known as pony cars. The Mustang’s styling, with its long hood and short deck, proved to be wildly popular and inspired a host of competition ).
The 1964-1/2 Mustang went on sale for an MSRP of $2368 plus D & D charges and any options. This was for a hardtop with bucket seats, a 170 CID six and fully-synchronized three-speed transmission with a floor shift. Even after adding options like the 271 HP 28…
The first models featured a long hood and short rear deck and carried a starting price tag of around $2,300. Ford general manager Lee Iacocca was involved in the Mustang’s development and marketing. The cars launch generated great interest and was featured on the covers of Newsweek and Time.
Contents
- Who was the Mustang originally made for?
- What was the first Mustang ever sold?
- How much did a Mustang cost in 1960?
- How much did a Mustang cost in 1965?
- Who owns the first Ford Mustang ever built?
- What year was the first Mustang made?
- How much is a 1964 Mustang worth now?
- Why are older Mustangs so expensive?
- Who owns the very first Mustang?
- What year is the famous Mustang?
Who was the Mustang originally made for?
Ford Mustang Essential History
In the early 1960s, Lee Iacocca, vice president and general manager of Ford, envisioned a sporty youth-market car based on the compact Falcon. Developed in record time on a shoe-string budget, Ford introduced the 1965 Mustang at the World’s Fair on April 17, 1964, to instant acclaim.
What was the first Mustang ever sold?
Serial Number One. This is the first Mustang produced. It was sold to Stanley Tucker of St. John’s, Newfoundland, Canada on April 14, 1964, and is actually a 1965 model.
How much did a Mustang cost in 1960?
The price for an original Mustang was $2,368, which would be just shy of $20,000 in today’s money. Iacocca wanted to keep the cost low so it was affordable for young car buyers.
How much did a Mustang cost in 1965?
$2,500
One of the design goals for the original Ford Mustang was that it sell it for less than $2,500. In today’s money, that’s about $21,000. While there’s no way you’re driving a brand new Mustang off the lot for that price today, it’s still fun to look back and see how much prices have changed over time.
Who owns the first Ford Mustang ever built?
Gail Wise
The first production Mustang intended for sale went to Gail Wise, a schoolteacher in Chicago, who still owns it. Phillips has never visited the Henry Ford Museum, and it will be the first time he’s seen the car since he sold it 55 years ago.
What year was the first Mustang made?
1964First Generation Ford Mustang / Introduced
Production began in March 1964. Mustang Serial Number One (5F08F100001) was sold on April 14, 1964, at the George Parsons Ford dealership in St. John’s, Newfoundland, Canada.
How much is a 1964 Mustang worth now?
While it’s hard to put a number on what something is worth to another person, Hemmings claims that the going rate today for 1964 1/2 Mustang is estimated to be an average price of $18,000. We always say that when it comes to the classic car market, the beauty is in the eye of the beholder.
Why are older Mustangs so expensive?
Collectible Mustangs
Some models are rarer than others because of limited availability, which increases demand and value. These are a few examples of the most sought-after classic Mustangs: 1965 Shelby GT350R: The 1965 GT350R is one of the most famous Mustang collectibles.
Who owns the very first Mustang?
Gail Wise
That’s what happened to Gail Wise, who bought the first Ford Mustang ever sold at retail: a 1964.5 skylight blue convertible. It’s worth about $350,000 today. The Wise family drove the car for about 15 years. After that, according to husband Tom, it just stopped running.
What year is the famous Mustang?
In 1964, Ford crafted a car line that would soon become one of the most popular and recognizable sports cars in the world. That year, the Mustang was born. Over the years, Mustang models have gone through a lot of changes and even hardships.