The 428-cubic-inch (7.0-liter) Cobra Jet is undoubtedly the most well-known. As part of a package that transformed the Mustang into a drag-ready pony, it boasted 335 horsepower and 440 pound-feet (597 Nm) of torque. It was the most dominant choice available at that time.
The second engine, while not as renowned, became the top non-Shelby option in terms of small-block power. I am referring to the 302-cubic-inch (4.9-liter) V8. Ford provided two variations. The two-barrel version delivered 210 horsepower, while the four-barrel variant produced 230 horses.
After the discontinuation of the 289-cubic-inch (4.7-liter) HiPo K-code engine, the four-barrel 302 became the most formidable small block in the lineup. This particular displacement remained in the first-gen Mustang until 1973, but the four-barrel variant was discontinued after just one year. This makes the 302 J-code Mustang a unique gem exclusive to that year.
While not an extremely rare Mustang, this blue fastback is a sight you won’t come across often nowadays. And despite its apparent need for extensive restoration, it holds a pleasant surprise under the hood.
This Mustang is an authentic GT with a wide range of options, including power steering, a Deluxe interior, and AC. It is a classic that matches the original factory numbers not only in its 302 J-code V8 engine but also in its C4 automatic transmission and rear end.
At first glance, the entire car seems to be highly original. However, it is worth noting that there is no information on whether the metallic blue paint (perhaps Acapulco Blue?) is the original color. Nevertheless, all signs point to it being a fully-preserved survivor. While the wheels are aftermarket and one of the front fenders has been replaced, the interior displays the expected signs of wear and tear for a vehicle of its age.
The engine bay tells a similar story – it is fairly clean but not up to the standards of a Concours-ready classic. Nonetheless, the most crucial aspect is that the Mustang is free from rust and the 302 V8 engine runs smoothly and sounds healthy. With a new coat of paint and some tender loving care, this pony is just a step away from becoming a classic at auto shows.
Speaking of which, the combination of the engine, transmission, and fastback configuration likely makes this one of fewer than 10,000 units ever produced. However, for more detailed information, you can refer to the seller’s Marti report. Yes, this Mustang is currently available for purchase, with a price tag of $49,000. Take a look at it in the video below.
According to the Source autoevolution.com