The first-generation Mustang is a popular choice in the restoration business, and given its legacy in the automotive culture, this isn’t a surprise.
The second-generation model abandoned the original Mustang je ne sais quoi for a recipe focused on bringing home the bacon. Ford still sold millions of Mustangs, but the new models had little in common with their siblings launched in the ’60s.
1978 was the final year of the second-generation Mustang, witnessing the introduction of the King Cobra limited edition. Ford produced only approximately 4,300 units, all powered by a V8 engine and sporting special features, such as a cobra snake decal on the hood and other sporty visual upgrades.
A 1978 Mustang that emerged from an estate sale is fighting for survival, trying to convince netizens that it’s worth a second chance.
The car seems to exhibit good condition, which isn’t surprising considering it spent most of its time in a garage. There are signs of wear, especially on the driver’s seat and floors, but the Mustang looks ready to become a daily driver.
eBay seller tywilson explains that this Mustang was owned by the same person since new except for two years. In other words, it’s almost a one-owner Mustang, and thankfully, the car was lucky enough to receive proper maintenance during the whole thing.
The engine still starts and runs, but the seller claims the buyer must resolve some mechanical issues before considering the car fully roadworthy. No further information has been provided on the engine, but I guess the original unit came with the vehicle.
The second-generation Mustang hit the streets with three engines (depending on the model year). As I said earlier, this new model had nothing to do with the original Mustang’s legacy, so the available engines included a 140 (2.3-liter) L4, a 171 (2.8-liter), and a more powerful 302 (4.9-liter) Windsor V8.
The Mustang would make for a great and affordable daily driver, and many people think the same. The auction started earlier this week and has already received over 40 bids. The top offer is $2,750, but the reserve is still in place. In other words, the interested buyers must submit higher bids to unlock the reserve and get their hands on the Mustang, though considering the auction will expire in just a few hours, this is unlikely to happen.
If you want to get the Mustang without a fight, it can be yours at any given time by simply paying $5,000 and triggering the Buy It Now option. The owner parked the Mustang in Seattle, and thanks to its solid condition, you can drive it home just fine, as long as the mechanical engine issues aren’t a deal breaker.