Home Pick of the Day Pick of the Day: 1965 Ford Mustang restored K-Code fastback coupe

Pick of the Day: 1965 Ford Mustang restored K-Code fastback coupe

The performance model has a direct conection with Holman Moody racing


The Pick of the Day is a 1965 Ford Mustang fastback that came from the factory as a rare and desirable K-Code performance model, so-called because of the K in the fifth position of the factory VIN.

The K-Code Mustang has been extensively restored, and while it has a replacement engine, it is a correct High Performance (HiPo) V8 built by a noted expert, according to the Lithia Springs, Georgia, dealer advertising the fastback on ClassicCars.com.


“This is a powerful, cool and significant classic all in one package,” the seller says. “It’s a restored 1965 Ford Mustang K-Code fastback that was said to have been turned into a drag racer back in the day. And today, it keeps that legacy going with a correct HiPo V8 that has a direct connection to Holman Moody.”

Finished in Rangoon Red with a “Thunderbolt-style teardrop power dome,” the Mustang’s body, interior and engine compartment look beautifully finished in a car set up to make short work of the quarter mile.

“Not only do you have a correct 1965 K-Code replacement block, but also this was built by a true master: Al Moody of Holman Moody,” the seller states. “The famous race shop never messed around when it came to serious performance, and that’s why this motor starts with being bored out to 331ci total.

“It also has a Holley 715 CFM Le Mans four-barrel carburetor, Shelby ram-box intake, ‘LeMans grind’ performance cam, new rods, new pistons and reworked heads. The big air grabber reaches into the domed hood to inhale fresh oxygen, and this one exhales with authority out of a correct Arvinode-style dual exhaust.

“It’s a big-power setup, and you have complete control thanks to the toploader four-speed that feeds the stout 9-inch rear end. Traction bars and wide drag radials keep the power on the pavement, and subframe connectors and front disc brakes keep everything feeling confident.”

The K-Code Mustangs were all about performance, with these first-year examples coming only with manual transmissions and for additional weight reduction, deleting such items as power-steering and air-conditioning.   

“And while most of the superfluous weight was left out of this race-style coupe, there is one addition that adds zero bulk, but a ton of prestige; Gale Halderman, the Mustang’s first designer, signed the glovebox lid of this first-year fastback,” the ad notes.

The asking price for this dragstrip classic is $79,995.

To view this vehicle on ClassicCars.com, see Pick of the Day.

Bob Golfen
Bob Golfen is a longtime automotive writer and editor, focusing on new vehicles, collector cars, car culture and the automotive lifestyle. He is the former automotive writer and editor for The Arizona Republic and SPEED.com, the website for the SPEED motorsports channel. He has written free-lance articles for a number of publications, including Autoweek, The New York Times and Barrett-Jackson auction catalogs. A collector car enthusiast with a wide range of knowledge about the old cars that we all love and desire, Bob enjoys tinkering with archaic machinery. His current obsession is a 1962 Porsche 356 Super coupe.


  1. Bet it would be worth another $40k if it wasn’t all hot rodded. Which I like. I would rather have this toy back at the teepee.


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