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Its late and i dont have the energy to go into detail but we draged the 86 out of the yard in Austin that Chris referred me to. Here is a couple pics and many more to follow....

Incredible! Can't wait to see a bunch of pictures today Ted!

Would someone be willing to run a carfax for me?

1FABP26M8GF231686

If i can get the title, it should be the DPS and me , thats it!

Here you go, only one record when car was new...

Vehicle Information:
1986 FORD MUSTANG LX

VIN: 1FABP26M8GF231686

SEDAN 2 DR.

5.0L V8 FI OHV

REAR WHEEL DRIVE
Standard Equipment | Safety Options
Standard Equipment
Power Steering, AM / FM, Power Brakes, 5-digit Odometer

Safety Options
Active (manual) belts

No accident / damage reported to CARFAX

1Detailed record available

Not all accidents / issues are reported to CARFAX
Summary

Total Loss
No total loss reported to CARFAX.

No Issues Reported

Structural Damage
No structural damage reported to CARFAX.

No Issues Reported

Airbag Deployment
No airbag deployment reported to CARFAX.

No Issues Reported

Odometer Check
No indication of an odometer rollback.

No Issues Indicated

Accident / Damage
No accidents or damage reported to CARFAX.

No Issues Reported

Manufacturer Recall
A current list of recalls is available at Ford Motor Company.

No Recalls Reported

Date:

Mileage:

Source:

Comments:

05/06/1986

NICB

Vehicle manufactured
and shipped to original dealer

I'm here to help! Print and bring my SmartBuyer Checklist when you go to test drive this 1986 Ford Mustang LX.

I didn't expect it to be that simple.
Th car has an inspection sticker from 89'
so it made it til then at least.

Thanks so much for that report.
Ted

Do we have new pictures yet? :) And a full story! We gotta hear the details!

Its quiet a mess to be completely honest. Everything from the firewall back looks pretty decent with the exception of the rear floor pans. There are gaping holes. The front end is another story. The frame rails and EVERYTHING hooked to them is toast. I found the build sheet remnants under the carpet beneath the pedal assembly. Parts of it are legible but its toast. I was able to locate the original keys tucked inside the fuel fill door. Yes keys, two. :(
Some of the wiring for the front red and blue lights is still there and i found an original aluminum bracket for the front lights. I also found a broken mic for a cobra radio. The black and white paint breaks are there and still crisp. Hood grounding straps are there and i found the trunk straps in the trunk. The motor is completely intact and would clean up well if it werent for the rust on the heads and block. Its still full of oil. There is also still washer fluid in the reservoir. Its crazy. Its awesome to be able to see them in original format. The thing that baffles me the most is the spotlight handles. Near about all the cars out there and this one have the spotlight handle upwards which really makes it difficult to operate.
Its gonna be an absolute nightmare to bring back. Im a little nervous about dumping a ton of money into it. I have to investigate a bunch more.