First replica ‘64 Ford Mustangs hit the market, at a thoroughbred price

Replica cars — like Shelby Cobra kit cars, or those tragic Pontiac Fiero-to-Ferrari conversions — are typically based on unattainable classics and sold for a fraction of the price of the real thing.  Yet one Florida company has gone against the grain: Revology, based in Winter Park, Fla. will start selling replicas of the 1964-66 Ford Mustangs that mix authentic bodies with modern technology — all for $119,500.

Since Ford sold nearly 1.3 million of them in the first two years, the first-gen Mustangs are hardly rare. Decent examples sell for anywhere between $15,000 and $30,000 today, and you’d probably have a harder time finding an unabused Pontiac Aztek from 2005. Spend $80,000 and you can buy a restored vintage Shelby 350GT, complete with matching VIN on the engine. Even by Mustang collector standards, this ain’t cheap.