{"id":525982,"date":"2026-03-10T04:05:09","date_gmt":"2026-03-10T04:05:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/525982\/"},"modified":"2026-03-10T04:05:09","modified_gmt":"2026-03-10T04:05:09","slug":"man-buys-the-cheapest-v8-ford-mustang-in-australia-and-doubles-its-value-in-just-a-week","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/525982\/","title":{"rendered":"Man buys the cheapest V8 Ford Mustang in Australia and doubles its value in just a week"},"content":{"rendered":"

The cheapest V8 Ford Mustang in Australia didn\u2019t exactly inspire confidence when YouTuber Matty Willo first laid eyes on it. <\/p>\n

The battered 2016 Mustang GT showed up at a salvage auction with its front bumper barely hanging on and several panels sitting out of alignment. <\/p>\n

At first glance, it looked more like a risky gamble than a bargain. <\/p>\n

But within just a week, the rough-looking muscle car<\/a> would prove to be one of the best automotive bets he\u2019s ever made.<\/p>\n

Click the star icon next to\u00a0supercarblondie.com<\/a>\u00a0in\u00a0Google Search<\/a>\u00a0to stay ahead of the curve on the latest and greatest supercars, hypercars, and ground-breaking technology<\/p>\n

The car had fewer than 35,000 miles on the odometer<\/p>\n

Matty picked up the ruby red Mustang at a Pickles salvage auction for $17,250AUD ($12,100). <\/p>\n

\"The<\/a>Matty Willo<\/p>\n

After auction fees and delivery, the total came to an even $20,000AUD ($14,030). <\/p>\n

That\u2019s a risky purchase for any project car<\/a>, especially one with accident damage<\/a>, but the Mustang had a few things going for it.<\/p>\n

First, it came with a 5.0-liter Coyote V8 paired with a six-speed manual transmission, a combination that enthusiasts love. <\/p>\n

Even better, the car had just 34,092 miles (54,866 km) on the odometer. <\/p>\n

\"The<\/a>Matty Willo<\/p>\n

For a 2016 model, that\u2019s extremely low mileage, and the interior still smelled like a nearly new car.<\/p>\n

There were also some uncanny coincidences that made the purchase feel almost meant to be. <\/p>\n

The previous owner\u2019s registration plate read \u2018Matt Stang,\u2019 which just happened to match Matty\u2019s name. <\/p>\n

\"The<\/a>Matty Willo<\/p>\n

Even stranger, the Ford Mustang shares the same birthday as the YouTuber himself, April 17.<\/p>\n

Of course, the car still needed plenty of work before it could hit the road. <\/p>\n

Most of the damage was concentrated at the front. <\/p>\n

\"The<\/a>Matty Willo<\/p>\n

The radiator support had bent from the impact, the front bumper was cracked, the grille was broken, and several components, like the bonnet latch and crash bar, were missing entirely.<\/p>\n

A V8 Ford Mustang is worth a lot more in Australia<\/p>\n

Luckily, the structural damage turned out to be minimal. <\/p>\n

After carefully measuring the chassis rails using factory specifications, Matty confirmed that the car\u2019s frame was still perfectly straight. <\/p>\n

That meant the repairs were mostly a matter of replacing parts.<\/p>\n

He ordered genuine replacement components, including a new radiator support, crash bar, and bumper, all sourced from a Ford dealer. <\/p>\n

\"The<\/a>Matty Willo<\/p>\n

The total parts bill came to around $2,500AUD ($1,750), which was surprisingly reasonable for OEM components.<\/p>\n

With the new parts installed, the Mustang quickly started looking like a proper car again. <\/p>\n

\"The<\/a>Matty Willo<\/p>\n

Matty also repaired a broken headlight tab using plastic welding and reused many of the original clips and fasteners that had been left in the car.<\/p>\n

After inspections, registration, and a new set of wheels, the total investment came to roughly $26,000AUD ($18,235). <\/p>\n

That\u2019s a serious bargain considering similar V8 Mustangs<\/a> in Australia can easily sell for far more.<\/p>\n

\"The<\/a>Matty Willo<\/p>\n

If you want to watch the full restoration process of the cheapest V8 Ford Mustang in Australia, you can check out the full video below:<\/p>\n

The evolution of the Ford Mustang<\/p>\n

1964: Ford Motor Company launched the first Ford Mustang at the New York World\u2019s Fair, creating the \u2018pony car\u2019 segment and selling over 400,000 units in its first year<\/p>\n

1969: High-performance variants like the Ford Mustang Boss 429 were introduced to meet NASCAR homologation rules and cement the Mustang\u2019s muscle-car reputation<\/p>\n

1974: The downsized Ford Mustang II debuted during the 1973 oil crisis, prioritizing fuel efficiency over raw power<\/p>\n

1987: A major facelift of the third-generation Mustang revived performance interest and helped keep the model competitive during the late muscle-car revival<\/p>\n

2005: The fifth-generation Mustang arrived with retro styling inspired by the original 1960s model, sparking a major resurgence in popularity<\/p>\n

2024: The seventh-generation Ford Mustang launched as the latest evolution of the iconic sports car, featuring modern digital interiors while retaining traditional V8 power<\/p>\n

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