My expert opinion and pricing analysis on this offerThis 1965 Ford Mustang GT, wearing factory maroon paint, backed by a 289ci V8, rowing its own gears through a 4-speed manual, and showing 18,798 miles (Exempt/TMU), is listed at $69,500 out of Freetown, Massachusetts. The market for first-generation Mustang GTs in honest driver-to-collector condition is wide and competitive: clean, sorted examples routinely trade in the $45,000 to $65,000 range, while correctly optioned, well-preserved survivors with the Pony Interior Decor Group and 4-wheel disc brakes tend to push toward or above $70,000. At $69,500, this car is priced firmly in premium driver territory. The maroon-over-black color combination, the relatively low and believable mileage figure, and the desirable GT option content do the heavy lifting in justifying the ask, but buyers should factor in the TMU odometer disclosure and the cost of a thorough pre-purchase inspection before wiring funds.1965-ford-mustang-gt-burgundy-5r07a220361_011 Video walk-around on this exact Ford Mustang GT for saleThe offerMake:FordModel: Mustang GTYear: 1965Mileage: 18,798 miles (Exempt / TMU)VIN: 5R07A220361Engine: 289ci naturally aspirated V8 with 4-barrel carburetorTransmission: 4-speed manualDrive type: Rear-wheel drive (RWD)Exterior color: MaroonInterior color: BlackNotable equipment: Pony Interior Decor Group, 4-wheel disc brakes, fog lights, 15" steel wheelsAsking price: $69,5001965-ford-mustang-gt-burgundy-5r07a220361_001 Need new tires? Save up to 30% at Tire RackFind the perfect tires for your exact vehicle and driving style. Click here to shop all top-tier brands, including Michelin, Bridgestone, and more, directly at Tire Rack.1965 Ford Mustang GT listing detailsBy 1965, Ford's pony car formula was already rewriting the American automotive rulebook: a compact long-hood/short-deck body, rear-wheel drive, and enough engine options to keep everyone from a frugal commuter to a weekend drag racer reasonably satisfied. The GT package in 1965 was the sporting trim of the lineup, bringing with it the 289 cubic inch V8 backed by a 4-barrel carburetor, a 4-speed manual transmission, disc brakes at all four corners (a genuine safety upgrade over the drum-equipped base cars), and fog lights up front. It was, and remains, the correct way to spec a first-generation Mustang.This particular car wears its factory maroon paint, a shade that photographs warmly and suits the long, sweeping body lines of the early Mustang without the visual aggression of red or the anonymity of white. The body presents with the unmistakable long hood and short trunk proportions that launched the pony car genre, along with the chrome trim and quarter panel scoops that made the 1965 GT instantly recognizable on any street in America. Inside, the Pony Interior Decor Group, the embossed running pony upholstery that became one of the most famous interior options in American car history, finishes the cabin in black. The mileage shown is 18,798, though the odometer is listed as Exempt/TMU, which in plain English means: trust but verify. A third-party inspection report through Lemon Squad is available on the listing, which is exactly the kind of due diligence a buyer at this price point should be demanding anyway.1965-ford-mustang-gt-burgundy-5r07a220361_005 The 289 V8 with 4-barrel carburetor produced around 225 horsepower from the factory in 1965 GT specification. Not earth-shattering by modern standards, but packaged in a car that weighed right around 2,800 lbs, which gives it a power-to-weight ratio that still makes for genuinely entertaining driving sixty years later. Ford built 559,451 Mustangs in the 1965 model year, but GT-optioned 289 cars with the 4-speed and the Pony interior in original condition are substantially rarer and getting rarer by the year as attrition claims otherwise restorable cars.1965 Ford Mustang GT quick takeThis is, without qualification, the right configuration. The GT package, the 289 V8 with a 4-barrel, the 4-speed manual, 4-wheel disc brakes, and the Pony Interior Decor Group are exactly what a first-generation Mustang buyer should be looking for, and this car has all of it. The maroon-over-black presentation is period-correct, handsome, and understated in a way that more flamboyant colors simply are not. At $69,500, the ask reflects the car's desirable specification and reasonable mileage, even accounting for the TMU odometer. This is not a $30,000 weekend project; it is a premium ask for a premium example. Whether it fully earns that number depends on what the inspection report and a closer look at the body and mechanicals confirm. If this car is as represented, it is priced fairly for what it is. If you are in the market for a first-generation Mustang GT you can actually drive and enjoy, not a trailer queen that only sees sunlight at shows, this is a serious contender worth a phone call. 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.