Is a 1972 mustang a good first car?
No, they're nice/cool cars, but for a newbie driver the cons outweigh the pros about 10/1 at least.
I mean on the one hand it would be tough as hell and initially it would be cheap.....but downside specific parts for it can be a nightmare/impossible to find.
(although they are starting to reproduce some parts for them)
Also on the downside the 71-73's are the biggest mustangs ever
(they're bigger/longer than the current model by at least a foot)
And driving wise, while the 351C does have decent power (w/ a few upgrades) however visibility-wise they suck (especially the hardtops). Mainly because you cannot see a damn thing out the back window since it's angled at about 14 degrees and, in both the hardtop and convertible you sit REALLY low down in the car....I mean you are just above eye level w/ the top of the dash, so while you would have better rear visibility than the hardtop (w/ the top down) again, no good.
Plus they're of course not very fuel efficient (especially w/ the original engines) they were built in a time that didn't have 87 octane and cars got nowhere near the modern average MPG, so you would need to run premium fuel and fill up way too often.
Also if you had anything below a 351 they might be a bit sluggish (especially considering the engines got weaker ever year) since they are so big/heavy....and also because of that and bad visibility on top of the size, forget being able to park in tight spaces too.
So really to answer your queston again....NO.....like all mustangs in general they are NOT good first cars...but this gen ESPECIALLY is a bad choice for a greenhorn or anybody that doesn't know how to handle a car properly
A 71-73 convertible would make a good weekend/fun car if you and your dad want a project car....(like mine was) it would be a cool car to have
but as a daily driver FOR ANYONE it would make absolutely no logical sense