• Jan 2nd 2008 at 10:33AM
  • 52
As the Baby Boomer generation ages, classic muscle cars are going for astounding prices at auction. While a simple authentic restoration can fetch a pretty penny, the most desirable models usually hold some unique title as well. One such vehicle is this 1964 1/2 Ford Mustang Convertible found listed on ClassicMuscleCars.com. The listing claims the pony is the first Mustang Convertible to roll off the production line intended for public consumption. Apparently it is also the first Mustang ever sold as it was pre-ordered and delivered the day before the car was officially unveiled at dealerships. Documentation is included that verifies the vehicle's status. As expected the price of this coveted 'Stang doesn't come cheap, but there are financial options. It can be added to your collection for $42,064.26, but that is only a monthly payment with $1,000,000 down. Got deeper pockets? You can drive it home (or flatbed it, more likely) by handing over a lump sum of $5,500,000. Get a better view of the five million dollar 'Stang in the gallery below.

[Source: Classic Muscle Cars]

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    • 1 Second Ago
      • 7 Years Ago
      • 7 Years Ago
      thats stupid...5 million, i can get it on the twin blower cobra but not that car!
      • 7 Years Ago
      Sorry for the multiple post. New to the blog.

      The armrest is not a 30 years newer aftermarket piece. The vehicle was completely restored in 1983 with OEM parts.
      • 7 Years Ago
      Mustangs rule the road. I currently own 13 of thoe beauties and if i had the cash I would own that white pearl too!
      • 7 Years Ago
      I only wish I had kepy mine instead of drag racing and tearing it up...what a teenager will do when he didn't buy it!!
      • 7 Years Ago
      Big mistake!
      The Mustang was a cheaply built Ford with cardboard interior parts and a very poor fit and finish. It never qualified as a true classic. Ford built the Mustang to give the WalMart crowd a "muscle car" Riding a Harley make make you manly, but buying this car as a classic just shows that you've got more money then brains!
        • 7 Years Ago
        Cardboard? maybe you are thinking of the Camaro the wanna be Mustang.When the stang first came out,it was state of the art.Thats why other car companies copied it.
        Leave the stangs to the TRUE car guys.
      • 7 Years Ago
      Is it just me, or is the montly price more than a Bugatti's monthly price? Let alone that the freaking down payment alone is the price of a new Veyron.
        • 7 Years Ago
        Monthly payment and down payment are not fixed. Though, this is much more expensive than a Veyron.
      • 7 Years Ago
      The $5 million would not only qualify you for the car, but also the #1 spot for being the dumbest person to ever live.

      I love cars, classic cars, and appreciate their value, but this is really taking it too far.

      For $5 million, a) spend it on a car that stays in the garage and show it off once a year (while being passed by a Ford Focus), b) drive a Ferrari on weekday and a Veyron on weekend, or heck, guarantee my place in heaven by giving the money to charity.
      • 1 Year Ago
      Are we confusing the first Mustang sold with the first Mustang made?
      • 7 Years Ago
      You should read my previous post. 100001 is one of 185 pre production cars built for display purposes, testing purposes, and racing purposes only. Several of these were sent to the New York World's Fair, and weren't even street legal. NONE OF THESE WERE EVER MANUFACTURED FOR, OR INTENDED TO BE SOLD TO THE PUBLIC. 100212 is the FIRST MUSTANG CONVERTIBLE BUILT FOR RETAIL SALE.
      I can't make it any simpler than that If you have a question, refer to "Mustang Production Guide" or the internet.
      I'm not sure what the mystery is about this car. It is well known by Mustang enthusiasts. Also as stated before, William Clay Ford borrowed this car for his granddaughter's wedding in Florida in 2006. Among the volumes of documentation on the car is a thank you letter from William Clay Ford.
      The historical significance of the car is simple-this is the first Mustang Convertible built for retail sale to the public ,of the nearly 1,000,000 Mustang Convertibles sold.
      As a side note, on display in the same showroom is pre production convertible #100093. Except for 100001, this is the lowest known vin number for a restored pre production convertible.
      • 5 Years Ago
      I bought a car from these guys. I'm not rich by any means. In fact I did three combat deployements to save up enough money for the car i've alwasy wanted. The car i got and the car i paid for were two different things altogether. I got ripped off and taken advantage of. heres my post on this company... http://www.allfordmustangs.com/forums/classic-tech/248099-help-timing-460-a.html
      • 7 Years Ago
      The value of anything is determined by what someone is willing to pay. I have a sweet potato with the image of all four Beetles on it if anyone is interested. Perhaps I can trade for the 'Stang........
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