zaro

Who owns the first Mustang ever sold?

Published in Ford Mustang 3 mins read

The first Ford Mustang ever sold was purchased by Gail Wise, who still owns the iconic vehicle today.


The Historic First Purchase

The distinction of owning the first Ford Mustang ever sold belongs to Gail Wise. On April 15, 1964, two days before the car's official public debut at the New York World's Fair, Wise purchased a Caspian Blue Mustang convertible from a Ford dealership in Chicago. This pre-launch sale officially cemented her place in automotive history as the very first retail customer of the legendary pony car.

  • A Fortuitous Find: Wise, then a 22-year-old schoolteacher, visited her local dealer looking for a new car. While the showroom was not yet officially displaying the Mustang, a pre-production model was available for sale. She promptly bought it, securing a unique piece of history before anyone else, even preceding sales made to individuals like Tom, who bought his Mustang just one day later.

Gail Wise and Her Enduring Connection

Gail Wise has remarkably retained ownership of this historic vehicle for decades. After falling into disrepair, the car underwent a meticulous restoration spearheaded by her family, returning it to its original glory. This unwavering dedication highlights her deep connection to the car that launched an automotive phenomenon.

  • The Car's Specifications:
    • Model: 1964 1/2 Ford Mustang Convertible
    • Original Color: Caspian Blue
    • Engine: 170 cubic-inch (2.8 L) inline-six cylinder
    • Transmission: Three-speed manual
    • Original Price: Approximately $3,400

The Mustang's Journey and Value

The Mustang quickly became a cultural icon, and Gail Wise's car, as the first sold, holds immense significance. Its unique provenance and enduring ownership by the original buyer contribute significantly to its value. Today, this particular vehicle is estimated to be worth at least $350,000, a testament to its historical importance and rarity.

Table: Key Facts About the First Mustang Sold

Aspect Detail
First Purchaser Gail Wise
Purchase Date April 15, 1964
Vehicle Type 1964 1/2 Ford Mustang Convertible
Original Color Caspian Blue
Current Ownership Still owned by Gail Wise
Estimated Value At least $350,000 (after restoration)
Significance First retail sale of a Ford Mustang, two days before public launch

For more insights into the Mustang's storied past and Gail Wise's unique experience, you can explore resources from official Ford history archives or reputable automotive publications.

  • Learn more about the Mustang's history on Ford's Official Website.
  • Discover the full story of Gail Wise's iconic convertible through detailed features on sites like Hagerty.