I am new to this but have loved the 65-66' Fastback at 1st sight, w/ a big raise coming my way I'm trying to get an idea if restmodding a 65-66' fastback is possible for 40K or less. I'm essentially looking for a modern technology driver wrapped in a fastback body, w/ 400hp and all the modern conveniences. The articles I've read about the SN-95 by Julian and other such projects gets my juices flowing until I see the price tag. Advice, suggestions from those of you in the know are needed because the other choice is just by a new one and get the body panels switched ala Tribute Cars LTD. to look like a vintage Mustang. Please help!!!
Thanks  

I am in the process of restoring a 68 GT Fastback. I would highly recommend that you go with the Tribute Car, or Saleen or Roush, any highly optioned car. I am learning the hard way and taking a bath financially.  

Thanks, for the reply, I had a conversation w/ the Local Mustang/Shelby club recommended mechanic and he said that the body work and paint alone could cost me 30K. I am glad I found out and will be purchasing a 2009 loaded and eventually have the Tribute Cars LTD. body panels installed if I can ever get somebody to respond to my e-mails from there. Sorry to hear that your restoration is so expensive, if you don't mind I would like to hear what your having done and the ball park prices for each phase of the build. 68' Fastbacks are beautiful. Thanks