UPDATE 7/24/12 - This car has been relisted on eBay. Since featuring this car the seller has gotten a Marti report, which shows it is in fact a real GTA convertible.
GTA isn't a designation given to many vehicles, especially today. But what does GTA mean? The youngsters out there probably think of Grand Theft Auto, but at one time it was used for a small number of Grand Touring cars that came with an automatic transmission. Of course this was during a time when automatic transmissions weren't standard equipment. If you wanted an automatic in your first generation Mustang you had to get the straight six or an A code V8. That was until Ford introduced the Mustang GTA in 1967. This rare 1967 Mustang GTA Convertible can be found here on eBay with a current bid of $5,800.
This car has been parked in the seller's barn for the past 20 years, where it’s been waiting for to be restored. The seller has finally decided to let the car go and give it a chance to be restored to its former glory. At a quick glance everything appears to be original, but you'll notice right away that the hood doesn't match the car. The seller states, "The hood was painted which was solely done to prevent it from rusting". We aren't sure if that is really the case or if the hood was replaced at some point. Not that it affects the value, it just makes us question what it is going on with this car.
The interior looks fantastic, especially for a convertible. The interiors of most the convertibles we see have been exposed to the weather and are in rough shape. Perhaps this car was well protected from the elements or the interior has already been restored. Either way, we would be sure to inspect the floors for any holes or serious rust.
This car was ordered with the 289 cui V8 with the four barrel carburetor, which produced 225 hp and 305 lbs. of torque. We personally aren't fans of automatic transmissions, especially in our sports car, but Grand Touring cars are supposed to be sporty yet luxurious. While a manual would be more enjoyable for spirited driving, an automatic would be convenient for long trips.
The value of real GTA convertibles has sky rocketed in the past few years, given that there were less than 5,000 built. With that being said, we would do our research on this car to verify that it is in fact a real GTA. It's obvious that the car has been resprayed and we question the look of the VIN plates and the GTA badges. We hope that this car is the real deal and not a fake, but we would be sure to examine this car very closely before we bid on it. Is this a real GTA convertible or is someone trying to pull a fast one?