The popular Ford Mustang received its first styling update in 1967, but still looked like the car that sold 1.2 million copies in the three years prior. The fastback version, like this on,e may be at the top of many collectors’ shopping lists, and it was completely restored about 10 years ago with only 25 miles added since. Located in Waynesville, North Carolina, this blue beauty is available here on eBay, where the starting bid is $58,000 (no reserve, so one bid could claim it).
Even with a fresh look, Mustang sales dropped from 607,000 to 472,000 units in 1967 over 1966. But that was not due to a loss in popularity. Competition had joined the scene in ’67 and the new Chevy Camaro found 220,000 buyers, so the market was actually growing. Ford delivered 71,000 fastbacks in 1967, with this one having a common pairing of the 289 cubic inch V8 and an automatic transmission. We’re told that hardware is numbers-matching and was rebuilt (with bling added) when the restoration was done circa 2016. Some of the photos provided show it during that renovation period.
Sentimental reasons have prevented the seller from letting this Ford go before now. He/she has had it for 45 years, and the father for some time before that. It looks as though no effort or expense was spared in redoing the car, so we assume much of the asking price is in recovery of those costs. This is not the first time the car has appeared on eBay, as the last auction resulted in a deadbeat buyer. The real mileage is 62,000, but the odometer was reset at the restoration and now shows a mere 25.
Everything works as it should except for the horn, radio, and the fog lights (electrical?). It does not have power steering, but that could be added without too much trouble. Even the original jack has survived the past 59 years. Unfortunately, there is no paperwork trail on this prized Mustang, but the title is clean and in the seller’s name. There is no interest in a trade or an offer, so you’d best be prepared to part with 58 large.
Asking opening bid.
It’s a beautiful one for the stable.
so honey I listed it for sale situation or really for sale?
GLWS!
$58,000. An electrical problem and no documentation for the work (?). No thank you.
The electrical systems are simple on these cars. It should not be hard to fix, that said why didn’t they just fix it?
Lazy. Just like not having any doc for the car, despite supposedly being “one owner”. These are the kind of sellers that I wouldn’t want to buy anything from!
As long as I’m here, I’m going to call out these people out, 338 viewers and NO BIDS? I mean, what does it take for people to realize, maybe they should look elsewhere for “get rich quick” scheme. Nobody wants dads Mustang. It really is a sweetheart,,,TO US, that have a million other places to spend that kind of money, and younger folks just can’t justify spending that kind of cash on a mere automobile. But, but, but, it’s a ’67 Mustang fastback,,yeah, yeah, with 4 figure rent and cancelled health insurance, not the best time for this. No bids whatsoever, pretty much bolsters what I’m saying,,,yep, ’round and ’round it goes( my new catch phrase for the demise of the hobby)
Just because a few people think their cars are worth more than they are, it doesn’t mean the hobby is over Howard. This has always been a problem with anything of value. Everyone wants to make a buck and I don’t think that’s going to change anytime soon.
Views are only for the past 24 hours, not the entire auction, it stands right now at 753. As for no bid, what do you expect with an opening bid of $58,000, you don’t bid that much on a whim. If the opening bid was $1, $500 or $1,000 it would be a different story. The problem with that is they’d be fielding questions from bidders who think they are going to buy it for $5,000, who want to waste their time doing that.
Steve R
Thanks, with due respect, I’m sure I’m pushing your buttons with my views, and I’d expect no less from someone that indirectly makes their living with these cars. If I may say, it’s more than a “few”. Practically every car that comes through here is out of the means for the people that actually visit the site. Take this car, even half of what they want is too much. People don’t just want to make A buck, they usually have no attraction to the car itself, and want this to be the one thing that gets them out of grandpas debt he left behind. I believe there was a time not long ago, when, yes, “grandpa types” with a chunk of cash, could indeed pay $50 grand for this, just to satisfy their longing for one regardless of the cost. The kids don’t have that same feeling, sadly. Time after time, we see cars like this with just that story. The kids trying to recoup the losses, grandpas Mustang is all that’s left. I know, I’ve been there except my old man didn’t have a classic Mustang, we took it in the shorts.
Sorry man, I just see a spiral down I’ve never seen in the hobby, and if it still is alive, it certainly isn’t what many here are used to.
How do you know what means our readers have? The people who comment are a tiny fraction of who visits the site. Thanks for sharing your opinion though.
Howard A – there were some guys who had disposable money but they could not really play in the modern day Tier I league, which is mega-millionaire territory. Maybe these guys even sold an original condition, big block, matching numbers piece they had in the garage into the Tier I market, just to make some money.
So they head to the TV auction, get a bidders lanyard, and get caught up in the excitement. The atmosphere makes then feel that the sky is the limit. Look at all of these buyers! Whew. This market for cars is HOT HOT HOT!
So they overbid for a nice Tier II piece and take it home, think they can easily flip it for more in a couple of years. It’s the game and ya gotta play if ya wanna win.
Suddenly these guys are realizing that they were, in fact, the last fools standing. In spite of the excitement at the TV auction, there aren’t enough of them to absorb the inventory that is now coming up for sale out of estates and hobbyists downsizing.
So now they put their recent purchase on the market, too. Get out while you can. This creates even more downward price pressure. Take the 10% sellers haircut, and a selling price that’s $10k lower than what you paid, and WHOA, the game is not so much fun anymore.
So you start looking for bargains, if you are even in the game anymore.
Something that is very presentable, that you can drive today, and can be bought for a song.
The “risk averse” hobbyist is the new posture out there. Buy it in great shape, cheap, or keep looking. Because, as we can all see, there’s a never ending supply coming on market.
That’s the new state of the hobby for most people who are still in the game.
Which is actually where it should be. Cars are not investments.
Howard, there are multiple factors pressing on the the price bubble in tier II vehicles.
Tier I cars are in a totally different playground. Mega millionaires buying rolling art objects for an ego boost.
Below that are aging hobbyists with practical money. When CDs paid nothing, then why not buy a car that might go up in value.
That’s over. A lot of these guys are downsizing their life. Selling the property where they kept the cars. Gotta sell the cars if you sell the house and definitely not buying.
Projects are completely over. The guys with the tools, skills, and facilities are hanging up the torch.
Young guys live in subdivisions. Their garages are full of furniture, kayaks, motorcycles, and kids toys.
Hillbillies have gone firmly toward off road and 4×4 stuff. Maybe they keep an old Jeep or pickup running, just for grins.
Younger guys grew up with modern horsepower and handling. A muscle car is a squeaky bucket of bolts.
Insurance on a casual car is now ridiculous. States are raising registration costs and imposing emissions standards.
Finding mechanics who know how to set a distributor and adjust a carburetor are becoming hard to find.
Mundane cars, even nice ones, were never meant to become investments. The auction houses tried hard to make people believe otherwise. It worked for a while.
Cars are a hobby. We’re getting back to that.
Lovely Mustang. Lofty price.
Hupcaps/rims off a 68 ?
58k and a bunch of stuff not working. this guy is nuts. it’s a plain F/B mustang with a base motor. i think that’s the i really don’t want to sell it price if they did want to move it on it should be 1/2 that. better ponies out there for less money i am sure.
Yep, my guess was also half of this price. Vanilla 289, basically a restomod with aftermarket parts and 68 wheels. My first car purchase was a 67 Mustang coupe, and for as much as I like these, I wouldn’t even spend $20k.
I like the 67s (own a 66) and the color, but no paperwork for a long ownership and restoration. Doesn’t make sense.
65 and 66 fastback is a better looking car The rear window to trunk is a nicer design
Assuming that the restoration, which looks major, was professionally done, then he’s probably in it for that $58K or more. Folks don’t realize that they’re rarely going to recover the cost. GLWS.
After reading his E-Bay ad? He doesn’t want to sell it. But, if you’re rich and crazy? He’ll take your cash.
I found out after dealing with classic and muscle cars for about 50 years that everybody thinks the price advertised is too high unless they are the party selling the car then its worth more,not to take away from checking out what your buying thoroughly. Thank you
Price of Fun just went up.
Non GT, no paperwork, plus issues?? 58,000? First thing skimped on is the steering wheel (pet peeve, but true). If they don’t want to spend the money to have the original restored or purchase one, where else did they skimp?
Cute. Not rare. Not that high of a performer.
I’m too old to get in and out of it anyway.
I agree with everyone’s comments, too much money for a base mustang that shouldn’t have issues, I like the car and even the color, but on a high note, I’d be willing to pony up about 22 to 25 and no more
People have been sitting on their couch watching Mecum and Barrett Jackson and Hagerty tell them that the sky is the only limit in the world of cars. So sellers think that their “almost rare” piece in the garage is a cash cow.
The brokers tout the continued run up in super rare, tier I pieces and try to make that same case for everything else down the line, when it’s two completely different markets. The mega-millionaire crowd continues to make money hand over fist. They’re playing against each other’s ego.
The car game for the rest of us has come to an end, folks.
We’re down to people who want a nice ride are willing to pay max $20k for something that is exceptional, and lot less for stuff with warts and other medical issues.
The hobby has become a hobby again, not a place to try to make some money when CDs paid 0.5%
I wish passbook savings accounts still paid 5.0%.
I don’t believe it would even appraise at half the asking price! The owner obviously does not want to sell it…
Is that Windveil blue ?
This looks to be Brittany Blue. Windveil Blue was a 2005-2008 color. They are very similar. And to me, very attractive.
Got that right. Thx Bob. 👍
With todays climate , it not having factory A.C.means that you cant drive it in summer here in the south . In addition to the other problems previously mentioned .
Amazingly, it was really hot down south, back when the dinosaurs roamed the earth. Circa the 1970’s, as I recall.
Howard smart and knowledgeable to a sharp point. I don’t fit into your description, so not everyone fits into your box. Saying that, I appreciate your revered perspective just keep the chin up for the next adventurers. We with passion will all be sursprised with the future old car afficiandos.