Rare 1973 Ford Mustang Convertible Selling at No Reserve, 1 of 1

Ford eventually shipped over 134K cars in the last year of the first-generation Mustang, and the convertible accounted for 11,853 units. This may not seem much, but the figures doubled from the previous year when the convertible didn't get much attention.

The hardtop coupe continued to be the most desirable version with 51,430 orders, while the Mach 1 was the runner-up with 45,440 buyers. The convertible and the Mach 1 were also the most expensive at $3,102 and $3,088, respectively.

The Mustang convertible in these photos is a project whose only option is a complete restoration, and eBay seller joe_dirt38 says the car checks all the big boxes for a desirable candidate. It's an all-original specimen, and all numbers are matching, albeit the engine no longer runs.

However, the Marti report could serve as a good reason to buy this Mustang, as it points to low production numbers for similar configurations. The document reveals that only 968 convertibles were fitted with a 351 four-barrel engine – the same unit in this Mustang – and only 675 were paired with C6 automatic transmissions.

The numbers get even lower when looking at the Blue Glow Metallic paint, as only 80 of these Mustangs left the factory with this finish. 35 came with white knitted vinyl bucket seats, and 13 sported 3.25 Traction-Lok rear axles. We're now getting to single-digit production numbers, as only 7 cars came with AM/FM radios, 6 were produced with the Instrumentation Group, and only one – this Mustang – came with a heavy-duty battery.

This car is rare, but it now requires a complete restoration to return to its former glory. It needs extensive work in all key areas, so if you're interested in bringing this Mustang back to the road, you should contact the seller and arrange an in-person inspection before making an offer. You need a closer look at the car, and if possible, you should raise it on a lift to check the underside.

Unfortunately, buyers are running out of time for a live verification, as the bidding will end in 4 days. There's just one bid, as someone made a $1,000 offer, but considering 42 people are also watching the listing, I wouldn't be surprised to see the battle getting fiercer in the last hours of the auction.

The owner posted the car online without a reserve, so the highest bidder will take it home. The Mustang is parked in Schenectady, New York, and will require transportation due to the non-running engine.