Production began in September of 1965 and ended in January 1968. Series Vs have a 9 digit serial number with B395 prefix. The 1592cc motor of the earlier models is now replaced with the 1724cc motor fitted with twin Stromberg carburettors and a 35 Amp alternator. The addition of the alternator meant that the Alpine would now be NEGATIVE ground. The most obvious changes to the exterior of the Series V is the removal of the "Sunbeam" letters on the front of the car were deleted along with bonnet badge.
A Chrysler pentastar was now fitted on the lower right hand wing and the wing emblem reads 1725. Still equipped with rubber floor mats and not full carpeting, the Series V no longer had seats with contrasting piping to the body colour. The hard metal convertible top bins had also been replaced with vinyl covers. Changes near the end of Series V's production include the addition of non-peaked headlight rims (after B395017900) and bumper mounted rear registration plate lights. The Series V was also still available in GT and ST form. The ST was the only version available to U.S. buyers.