Rust is the #1 determining factor in purchasing any vintage car. Mustangs are as susceptible as any other model. Don't buy a mustang (or anything else) on price alone. Even minor rust is expensive and time consuming to repair.
If you aren't skilled at scoping a car out for rust, hire someone that is. Its worth it. There have been many VMF members that impulse bought a car, then found out much later that it was too far gone to restore. CAVEAT EMPTOR.
Careful who you hire too. The supposed "expert hot rod" guy I hired was a piece of !%@!# who missed things like no brake lights, broken gear synchro, etc. I swear the guy just walked around it once and then said it was fine.
"Natalie", '66 Coupe, aka "Jinx", "Jinxie Natalie" (everything goes wrong..)
289, Holley Carb, Edelbrock Intake/Water Pump, Northern Rad
3.55 with Posi, Zoom Clutch
Next On the Agenda:
Interior - Soundproof, new carpet, tilt column (done), seat extenders, Motolita MK3 (done)
Exterior/Body/Performance:T5 (done) weatherstripping, power steering (done)