This 1968 Mustang Convertible just popped up on Bring a Trailer, and it’s rocking one of the grooviest color combos Ford ever dreamed up: Lime Gold paint, Ivy Gold vinyl inside, and a white soft top for good measure. Under the hood sits the trusty 289 V8 mated to a three-speed auto. The odometer? Just 5,000 miles, though after decades of changing hands and hibernating in storage, who really knows the true number.
Bring a Trailer
What It’s Worth Right Now
According to Classic.com, first-gen 1967-1968 Mustang Convertibles are currently pegged at a collector market benchmark of $36,263. In the past year, these drop-tops have averaged $33,389 at auction, with prices swinging wildly from $3,400 for a project to $88,000 for the cream of the crop. As always, originality, condition, and what’s lurking under the hood make all the difference.
All of which makes this Mustang one to keep an eye on. It’s got the right look, a backstory that stretches across decades, and the kind of factory options – like air conditioning and power steering – that collectors love to brag about.
Bring a Trailer
Bidding kicked off at $10,000, with almost a week left on the clock when we checked in. Given that similar cars are trading hands in the mid-$30,000s, there’s still plenty of runway for this auction to heat up.
Condition and Details
Per the listing, this Mustang started life at Todd Hedge Ford in California, Missouri, then made its way to the actual California in 1969. It spent a whopping 36 years in storage – from 1987 until 2023 – before the current owner scooped it up on Bring a Trailer. It now comes with a Deluxe Marti Report and a clean Florida title, so the paperwork is as tidy as the car itself.
Bring a Trailer
Under the hood, you’ll find Ford’s 289 V8, good for 195 horsepower and sending power to the rear wheels via a three-speed auto. In 2023, it got some much-needed TLC: carb rebuilt, fuel system cleaned, and fresh ignition bits plus a new fuel pump.
Bring a Trailer
The car isn’t presented as a flawless survivor. The listing discloses repaint work around portions of the body, dents in the rear bumper and left rear quarter panel, a power steering fluid leak, rust underneath the car, upholstery imperfections, a cracked steering wheel, and air conditioning that no longer blows cold. Those details are documented alongside the extensive photo gallery in the auction listing.
Bring a Trailer
The Offer
| Specification | Details |
| Make | Ford |
| Model | 1968 Mustang Convertible |
| Year | 1968 |
| Mileage | 5,000 miles shown (TMU) |
| Engine | 289-cubic-inch V8 |
| Power | 195 horsepower (factory rating) |
| Transmission | Three-speed automatic |
| Drive Type | Rear-wheel drive |
| Exterior Color | Lime Gold |
| Interior Color | Two-tone Ivy Gold vinyl |
| Soft Top | White convertible top |
| Factory Equipment | Air conditioning, power steering, hood vents, chrome bumpers, front bucket seats |
Interested in this 1968 Ford Mustang Convertible? View the listing here.
What Makes the 1968 Ford Mustang Convertible Unique
The 1968 Mustang hits a real sweet spot in the first-gen lineup. You still get that iconic early Mustang silhouette, but with a few fresh touches – think new grilles, side markers, and hood vents if you’ve got a V8. Convertibles like this one are always crowd-pleasers, blending classic pony car attitude with the joy of top-down cruising.
Bring a Trailer
This particular example stands out because of its factory Lime Gold over Ivy Gold color combination, white soft top, and largely stock appearance complete with painted steel wheels and hubcaps. Rather than being restored into a GT clone or modified street machine, it leans toward an original-style presentation with honest cosmetic wear and documented history.
Final Thoughts
This isn’t a concours queen, and the seller isn’t trying to pass it off as one. What you get is a well-optioned convertible with a story to tell, decades in storage, and just enough originality to tempt anyone after a classic driver instead of a trailer queen.
With the auction just getting started and the current bid still lagging behind the market average, this Mustang’s final price is anyone’s guess. Expect bidders to weigh its cool factory options against the list of cosmetic and mechanical quirks as the clock winds down.
Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.
About the author
Jacob Oliva
Senior Editor, Autoblog