1972 Ford Mustang Convertible â?" Bright Lime, 302 V8, Power Top, Clean Undercarriage Why This Car Is Special The 1972 Ford Mustang convertible occupies a specific and increasingly recognized place in Mustang history. By 1972, Ford had been building the larger 'SportsRoof' Mustang body â?" introduced in 1971 â?" for two full model years. This generation is often overshadowed by the original 1964-1970 cars in collector circles, but that perception is shifting. The 1971-1973 Mustang was the last of the true long-hood, short-deck pony car designs before the Mustang II arrived in 1974, and the convertible version is by far the rarest body style of the bunch. Ford produced only 6,401 Mustang convertibles for the 1972 model year, making this body style significantly rarer than the hardtop or SportsRoof fastback versions built that same year. Total 1972 Mustang production across all body styles came in at just over 125,000 units â?" already a dramatic drop from the peak years of the mid-1960s â?" and the convertible represented less than 5 percent of that figure. Survivors in this color combination are rarer still. This particular car is finished in Bright Lime, a high-visibility factory color that Ford offered on the Mustang during the early 1970s. It is paired with a black convertible top and a black vinyl interior, a combination that gives the car a sharp, high-contrast look that photographs well and reads clearly in person. The car is equipped with a front air dam, a rear deck spoiler, and hood and body stripes, all of which add visual purpose without modifying the sheetmetal. These were period-correct appearance upgrades that Ford and its dealers promoted heavily during the sport compact era. The VIN on this car confirms it is a genuine Dearborn-built 1972 convertible with the 302 cubic inch V8, consistent with all of the listed specifications. The body code indicates the open convertible body style, and the engine code confirms the 2-barrel 302 as the factory unit â?" not a later swap. This kind of documentation matters when you are buying a convertible, which is exactly the body style that saw the most engine substitutions and modification over the decades. Features List - 302ci 2-Barrel V8 - 3-Speed Automatic Transmission - Power Steering - Front Disc Brakes - Power Convertible Top - Black Convertible Top - Bucket Seats - Center Console - Rear Deck Spoiler - Front Air Dam - Dual Exhaust - Mustang Rally Wheels - Cooper Cobra Radial G/T Tires - Hood and Body Stripes - Wood-Grain Door Panels - AM Radio - Clean Undercarriage - Bright Lime Exterior - Black Vinyl Interior Mechanical The engine under the hood is the 302 cubic inch V8 fitted with a 2-barrel carburetor, which Ford designated internally as the 302-2V. In 1972, Ford switched from gross horsepower ratings to the more conservative SAE net ratings, and the 302-2V was rated at 140 net horsepower in that configuration. The engine itself is a well-proven small-block Ford unit with a long production history and excellent parts availability today. The air cleaner lid in the photos clearly shows the '302-2V' designation, confirming the original carburetor setup is intact. Backing the 302 is a 3-speed automatic transmission, which on 1972 Mustangs was Ford's SelectShift Cruise-O-Matic. The shifter sits in the center console, which is the correct configuration for a bucket seat car of this spec. Power steering is fitted, which makes the car considerably easier to maneuver than the manual-steering base cars, particularly given the 1971-1973 body's wider and heavier front end compared to earlier Mustangs. Braking is handled by front disc brakes, a meaningful upgrade over the four-wheel drum setup found on base 1972 Mustangs. Front discs improve stopping distances and are far more resistant to fade under repeated use. The undercarriage photos confirm a clean, solid bottom â?" no visible rust through or significant corrosion on the floor pans, frame rails, or suspension components. Th