An extremely rare 1966 Ford Shelby Mustang GT350H has been found in an old lady’s garage in rough but repairable shape.

Every so often, people purchase old barns or houses with the previous tenant’s stuff still inside. Most of the time they’re just filled with junk, but every so often you find a piece of automotive history. In this case, someone found a super rare Ford Mustang that’s been sitting in an old lady’s garage for three decades.

We have BarnFinds.com to thank for this latest story of how one of their users happened upon this Mustang. Apparently, it’s been hidden away in an elderly woman’s garage after a failed attempt at restoration. You can see that it seems to have been taken apart somewhat, with the lights and other facets removed, and that there are several body panels that don’t match with the rest of the car.

1966-Shelby-GT350H
via barnfinds.com

The 1966 Ford Shelby Mustang GT350H was also known by the moniker “Rent-a-Racer” thanks to Ford’s partnership with Hertz Car Rentals. The GT350H was rented out exclusively by Hertz (hence the H at the end of the GT350) under the expectation that renters would fall in love and then purchase the real car after they were done renting.

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There were only 1,000 GT350Hs produced, and not much is known about many of their fates. This one fell off the radar 30 years ago and has only just now been rediscovered.

1966-Shelby-GT350H
via barnfinds.com

It looks like the engine is in good shape, which will make restoration of the car that much easier. When it was new, the GT350 produced 306 hp and 329 lb-ft of torque thanks to a 289 cubic-inch (4.7-L) naturally aspirated V8 engine. For 1966, those are some great power figures, and with the engine still holding up, this car is a prime candidate to become a pricey collectible.

Hagerty estimates that after restoration the car could fetch as much as $143,000 at auction. Not bad for a heap of junk that was found in an old lady’s garage.

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