Miles Cook
November 27, 2015
Photos By: Al Rogers

Mustang Monthly is about 1965-1978 Mustangs of all kinds, from stock to full custom, and that includes basically new 1965-1978s, too. Several low- and super-low-mileage examples were featured in our pages in five 2010 issues, including a 1969 Mach 1 with 52 miles (February), a 1966 coupe with 56 miles (March), a 1970 Boss 302 with 16,000 miles (April), a 1966 K-code fastback with 3,800 miles (May), and a 1969 Boss 302 with 13,800 miles in the June issue.

While these are all fantastic, low-mileage Mustang time machines and two have crazy-low mileage, Sue Eldred’s 1973 convertible is right there with them with an equally unbelievable 60.7 miles on the odometer. And when her and her husband, Dave, acquired the car about a year ago, it only had 38 miles on it, meaning that Sue has only put 22 miles on the car.

The Dark Green Metallic finish is as-sprayed in 1973 and has the same sparkle it did more than 40 years ago.

How did the Sue and Dave come across this trip-back-in-time of four-plus decades ago? It was sort of by accident as Sue said, “We had a 1931 Chevy 1-1/2-ton dump-box pickup that we wanted to sell and heard of a guy who might want to buy it. We took some pictures of the truck to his shop and he said he was interested and wanted to see it in person.

“He then asked my husband if we were looking for anything in particular, were we to sell the truck. Dave said, ‘Well, she has always wanted some kind of convertible’ and pointed at me. The truck buyer said he had one but hadn’t had time to see what it needed and took us to a corner where the Mustang sat under a hoist with another car above it. It was covered in dirt and we couldn’t even really tell what color it was.

“Regardless of the color though, I fell in love with the car and sweet-talked my husband into buying it for us. Great guy that he is, he agreed even though he wasn’t totally thrilled with the looks of it as it was covered with months of shop dust.

The 250-cube straight-six and three-speed manual trans provide plenty of pep for the ragtop cruiser.
The seats, door panels, dashpad, and all other components inside the car are as pristine as the outside. Options include a rim-blown steering wheel to accent the perfect houndstooth upholstery.

“Of course when we had it delivered home the realization was clear how significant this piece of untouched and unused Mustang history was. With only 38 miles on it, it was quite literally a brand-new car from 42 years ago. It looks, runs, and drives perfectly and we have put 22 miles on it so far.”

The experience Sue and Dave have had with this Mustang took another remarkable turn in the form of meeting the original owner, who for one reason or another apparently never really drove the car. “We took it to a show in Iola, Wisconsin, and while there we met the original owner; a woman who ordered the car new from a dealership. It was fascinating to learn about the car and that she requested its only modification to the dealer, which was to relocate the radio antenna to the rear quarter-panel. She also gave us the original owner’s manual and bill of sale to go along with the original title and window sticker that we had.

Yep, 60.7 miles is the real deal here. Just about to turn over to 61.
The original F78 spare tire and 14-inch steel wheel are still present in the trunk. The only things on the car that don’t appear to be original are the other four tires—Dunlop 215/70R14s that replaced the F78-14s that likely rotted away a long time ago.

“It’s sometimes tough to not be able to drive it as much as we would like, but we realize the historical significance of such a low-mileage example. I bought it to drive, but people say we should keep the mileage at 60. Though we still might put another couple hundred or so on it over the next few years.”

Drive it or show it, Sue and Dave certainly have an unusual Mustang, and that’s a lucky thing for all of us to see in the vintage Mustang community.

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