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Rare Ford Mustang for $ 500,000 found abandoned in the barn – video

Breaking News: Rare Classic Ford Mustang Collection Discovered in Alabama

In a stunning development, a collection of rare first-generation Ford Mustang cars has been found abandoned in a barn in Alabama. The total value of the collection exceeds half a million dollars, making it a treasure trove for classic car enthusiasts and collectors alike.

Discovery by YouTube Blogger

In a video posted on his YouTube channel, blogger and automotive enthusiast Lu Costabail revealed the discovery. The collection includes four rare first-generation Ford Mustang models that have been acquired by a well-known collector and restorer from Texas, Finley Ledbetter.

The Most Expensive Find: Ford Mustang Boss 429

The crown jewel of the collection is the 1969 Ford Mustang Boss 429. Only 859 of these coupes were ever made, and today they can fetch prices upwards of $300,000. This model is essentially a street-legal version of the NASCAR racing car, powered by a massive 7.0-liter V8 engine capable of 375 horsepower.

Other Notable Models in the Collection

Ford Mustang Shelby GT500 of 1967

The 1967 Ford Mustang Shelby GT500 is another highlight, featuring a 7.0-liter engine with 355 horsepower. Such a sports car can command prices of around $100,000.

Ford Mustang Boss 302 of 1969

The 1969 Ford Mustang Boss 302, with its 290-horsepower engine, has been preserved in excellent condition and will not require restoration.

Ford Mustang Boss 351 of 1971

The 1971 Ford Mustang Boss 351 has already undergone restoration. This model, with a 5.8-liter V8 engine producing 330 horsepower, can accelerate from 0 to 100 km/h in just 5.8 seconds and reach speeds over 200 km/h. Only 1,806 of these were ever produced.

Historical Context and Future Implications

The discovery of this collection is a significant event for classic car enthusiasts and collectors. The Ford Mustang has a storied history and has become an icon of American automotive culture. As these cars are restored to their former glory, they will not only be valuable investments but also pieces of living history that can be enjoyed by future generations.

The restoration of these Mustangs by Finley Ledbetter will undoubtedly attract considerable attention from the automotive community. Ledbetter is known for his meticulous approach to restoring classic cars, ensuring that each vehicle retains its historical authenticity while being brought back to peak condition.

This discovery also highlights the importance of preserving classic cars. Many of these vehicles have been sitting idle for decades, waiting to be rediscovered and restored. As more collectors and enthusiasts become aware of these hidden treasures, the market for classic cars continues to thrive, ensuring that these pieces of automotive history are kept alive for future generations.

The impact of this discovery extends beyond the immediate value of the cars. It serves as a reminder of the enduring appeal of classic automobiles and the passion that drives collectors and enthusiasts to preserve these vehicles for posterity.

Stay tuned to archyde.com for more updates on this breaking news story and for the latest in the world of classic cars and automotive culture.

Photo: Screenshot / YouTube

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