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Sold at an auction, the first of 45 limited-edition Lee Iacocca Ford Mustangs fetched $125,000 . The rest of the cars, which were built as a tribute to father of the Mustang Lee Iacocca, will be sold exclusively at Galpin Ford in Southern California.

The 2009 1/2 Iacocca 45th Anniversary Edition Ford Mustang gets a lightly redesigned front end, with inset headlights, and a more dramatic fastback rear. Completing the clean look are special 20-inch Iacocca Design wheels wrapped with Goodyear Eagle tires.

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First limited-edition Lee Iacocca Ford Mustang sells for $125,000

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