Carport Find: 1967 Ford Mustang 289 V8

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Ford’s hot Mustang “pony car” got its first restyle in 1967. The big news was an enlargement of the engine compartment to accept big-block V8 engines. Competition finally arrived that year, so the Mustang saw its first decline in sales from the prior year. This ’67 Mustang “needs work” though the seller doesn’t indicate what besides a paint job (the 289 motor was rebuilt two years ago). Located in Trinidad, Colorado, this pony is available here on craigslist for $25,000. Thanks for another tip from yesteryear, Gunter Kramer!

The 1966 Mustang would be a hard act to follow with sales of more than 607,000 units. Despite new sheet metal, the best the car could do was 472,000 copies in 1967. But that’s nothing to sneeze at considering the Chevy Camaro, Pontiac Firebird, and Mercury Cougar all joined the fray that year. The seller’s ‘Stang may have been a typical notchback coupe, equipped with a 289 V8 (2 or 4-barrel?) and a manual transmission (3 or 4 speed?). The engine was recently refreshed, but no mention is made of how it currently runs.

According to the seller, the body is in “good condition for its age,” but what does that mean? We don’t see a bunch of rust or other damage, but the red paint is ready for a makeover. The car is pictured in some kind of makeshift lean-to carport, so we don’t know how protected it has been from the elements. The odometer reading is 15,000 miles, but 115,000 or something else seems more likely.

What we see of the interior looks okay except for the upholstery on the driver’s bucket seat. The back seat looks to have hardly been used. The brake and clutch pedals have no rubber left, so that tends to reflect a well-used sporty car. This Mustang looks to have potential, but will the seller negotiate?

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  1. John Morrissey

    The seller needs to take more pictures, describe it better, and lower the price.

    Like 6
  2. CCFisher

    There are some very nice, driver-quality ’67-’68 Mustangs out there for less than the ask on this project. You’d have to be a fool to pay even half of what this seller is asking.

    Like 8
  3. Johnny Cuda

    Craigslist ad says “Serious inquiries ONLY.” Is he serious? How about a serious asking price?

    Like 8
  4. DA

    Bank draft only, eh? An ambitious ask, considering the lack of presentation. Recommend a price drop of about $20,000.00 to get the ball rolling.

    Like 7
  5. Barry

    Worth about 7500 or so if it runs well!

    Like 4
  6. Jeb

    66-69 are my favorite but that price is stupid.
    There was one in my town not too long ago in a lot better shape for $6500.

    Like 1
  7. Booker

    He must have a running fastback for sell also and listed the wrong car.

    Like 1

    The seller has dropped the price to 10K. Probably still too high.

    Like 0
    • Steve R

      It’s a step in the right direction. Not many sellers are willing to admit they don’t have a clue about pricing, then drop it by 60%, most instead become defensive and dig in their heels.

      This might be a better buy than you guys think. The pictures and description leave a lot to be desired. However, it looks straight and complete, the Hurst shifter suggests it might have a 4spd and the ad states the engine was recently rebuilt. If I lived in the area I’d make time to see it in person and make an offer if I liked what I saw. It’s got to the point if your in the market you’ve got to follow up on cars with potential when and where you find them.

      Steve R

      Like 1
  9. straight 6'r

    Says it is an 8 cylinder but no badging and looks like a 4 bolt pattern.. is this a straight 6?

    Like 0
  10. 19Tiger65

    $25k, this shows you how obserd the classic car market it now. People have no idea what their car is really worth, do no research, and list a poor ad with an over reaching price. Problem being some guy or girl with money will pay the price and then all Mustang of this period will suddenly become $25k.

    Like 0
  11. brian_h

    When you see crazy asking prices like this it’s almost always a spouse placation play. Wife demands husband get rid of an old car and so he goes through the motions, but prices it so high it’s guaranteed to stay right where it’s currently parked. “Gee honey, I guess no one wants to buy it”.

    Like 0

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