March 2, 1966 – The first Mustang is traded in for the 1,000,000th

The day the Ford Mustang went on sale, April 17, 1964, more than 22,000 of the pony cars ended up in happy Ford customers’ driveways and garages. Tens of thousands of the cars were produced prior to that sale date and a number of them were shipped to dealers in order to entice buyers before they were allowed to be sold. In a lapse, Ford shipped a white convertible Mustang with serial number 5F08F100001 to George Parsons Ford in Canada. This wasn’t just any Mustang, it’s widely assumed to be the first Mustang off the assembly line. 

Above: Captain Stanley Tucker with the 1 millionth Ford Mustang along with Gene Bordinat, Lee Iacocca and Donald Frey.
Top: The first Mustang, originally owned by Captain Tucker, now on display at the Henry Ford.

Captain Stanley Tucker, a Canadian airline pilot fell in love with the car, which was not ever supposed to be sold. Yet, the day the Mustang went up for sale, April 17, 1964, he signed a check and drove away in his new pony car. Once Ford tracked the car down they tried to buy it back, but Tucker knew what he had and refused to sell. 

Mustang spell out “1,000,000” in celebration of the 1 millionth Ford Mustang at the Rouge assembly plant in Dearborn, Mich.

Ford came back to Tucker in the winter of 1965 after the captain had racked up more than 10,000 miles on the first Mustang with an unrefusable offer, a brand new 1966 Mustang optioned anyway he would like – in trade for that first Mustang. He took the offer and requested a silver frost convertible with a 289 V8, C4 Cruise-O-Matic transmission with a Philco TV set in the dash! He picked it up at the Dearborn Ford factory on this day in 1966, but this too wasn’t just any ole Mustang, it was the one millionth Mustang produced! The first production Mustang now resides at the Henry Ford Museum. The one millionth was reportedly crushed after the captain sold it to his mechanic in the 1970s after a decade of hard use.

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