Hiding in this garage is an extremely promising project candidate. Almost any First Generation Mustang is desirable, but this 1967 GT Fastback is among the most keenly sought by enthusiasts. It is undeniably rough around the edges, and the winning bidder will probably adopt a nut-and-bolt approach when returning this classic to its former glory. The seller has listed the GT here on eBay in Conyers, Georgia. Bidding has surpassed the reserve, currently at $17,219.

The history of this Mustang is unclear, with the seller admitting they have been its custodian for approximately one year. However, the indications are that it has been many years since it graced our streets. Finished in Clearwater Aqua, it would have been a stunning vehicle in its heyday. Time hasn’t treated it kindly, but we must look below the surface to discover its true worth. The seller indicates the car is solid, which I interpret to mean there are no penetrating rust issues in the floors, rails, torque boxes, or shock towers. There is extensive dry surface corrosion, and what I initially believed was rust along the lower door edges is nothing but moisture. It requires a hood and left-front fender, but the remaining panels appear to be free of significant issues. Most of the trim, including the distinctive GT grille, is beyond salvation, but the tinted glass may be okay.

The seller provides a single, blurred engine bay photo, but VIN decoding confirms that the first owner ordered this GT with an A-Code 289ci V8 under the hood. This motor represented a step up from the entry-level C-Code, delivering a factory quoted 225hp against the C-Code’s 200hp. They teamed the V8 with a four-speed manual transmission, and while it features power front disc brakes, I don’t believe that they opted for power steering. The seller has not provided information on whether the Mustang is numbers-matching. It is also unclear whether the motor runs or turns freely, so budgeting for a mechanical refresh as part of the build would be a wise strategy. After all, it’s better to have the funds and not need them than to need them and not have them.

The list of restoration tasks continues to grow as we focus on this Mustang’s interior. It is missing the factory radio but appears otherwise complete. Trimmed in Black vinyl, it features a desirable center console, but it requires a complete retrim as the starting point to recapture its youthful good looks. Kits retail for approximately $1,800 and include most of the vinyl, foam, carpet, and soft pieces needed to achieve a high-end result. A new wheel will find its way onto the shopping list, and a close inspection will undoubtedly reveal other items requiring replacement.

This 1967 Ford Mustang GT Fastback may have attracted only four bids, but the Listing View and Watch List tallies of 434 and 68, respectively, confirm that it has drawn plenty of attention since hitting the market. That suggests the action may intensify as the end approaches. Whipping this gem into shape will require deep commitment, but if it is as solid as the seller indicates, it is a prime candidate for a faithful restoration. If a First Generation Mustang is on your radar, could this GT be a contender?