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New Floors: 1967 Ford Mustang Fastback

If you think this 1967 Mustang Fastback’s baked exterior indicates it has spent its life in dry climes, you are right on the money. It has split its time between California and its current location, but that hasn’t made it immune from the rust that can plague these classics. However, the seller has installed new floors, leaving a new owner to tidy up the finer details in what could be a blank canvas build. The mechanical specifications are unlikely to set pulses racing, but addressing that potential shortcoming should be straightforward. If you feel up for a challenge, the Fastback is listed here on eBay in Allen, Texas. Bidding sits below the reserve at $15,800, but plenty of time remains for interested parties to contemplate whether they wish to make a play for this Mustang.

The baked appearance and tired layer of undercoat don’t make a positive first impression, but we can see evidence of this car’s original Nightmist Blue struggling to peek through. The winning bidder could leave it untouched to cultivate the “shabby chic” look, but I suspect they will probably strip the panels to bare metal to achieve a high-end finish. That would be time-consuming, but performing the task in a home workshop would involve more time than money. The panels sport a few minor bumps and bruises, but none justify metal replacement. Things are less clear below the surface. This Mustang features new floors, meaning that aspect of the vehicle is rock-solid. Some shots confirm rust in the rear quarter panels where they meet the outer wheel wells, but the state of items like the rails and torque boxes is unclear. I always advocate in-person inspections, and although time is running out on this auction, climbing under the Fastback could be worthwhile to confirm that potential bidders aren’t biting off more than they can choose. The glass looks excellent, and most of the trim and chrome are acceptable for a driver-grade build.

There’s no avoiding the fact that this Mustang’s interior requires a total restoration, but the vital components are present that will provide a sound foundation for the winning bidder. Trim kits are readily available and affordable, and one of those will address most of the shortcomings. Completely dismantling the interior to refresh the painted surfaces would form part of the restoration, and the new owner may need to add items like a new gauge fascia, a radio, and a few bright trim pieces to their shopping list to provide the perfect finishing touches. It might seem overwhelming to some, but few experiences are more satisfying than stepping back and admiring an interior that has been brought back from the brink.

The secret of the success of the First Generation Mustang was that Ford offered a model to suit every taste and budget. That is true of this Fastback because the 200ci six and three-speed manual transmission was the most affordable combination available in 1967. The motor should deliver 120hp and 190 ft/lbs of torque, and the inherent fuel economy would have made this an effective daily driver in its prime. The new owner has choices to make because the seller states that this classic runs and drives as it should. That makes it a turnkey proposition, and leaving it mechanically untouched, at least in the short term, looks viable. Many owners sought improved performance from their Mustang, meaning V8 transplants were extremely common. That option is available to the next owner, and the required parts can be bought off the shelf without breaking the bank. Slotting in a period-correct powerplant is one path, although a restomod approach would preserve the car’s character while providing a more refined driving experience. The decision is a matter of taste, but the winning bidder can take their time making their choice as they enjoy this Ford in its current form.

The new owner of this 1967 Mustang Fastback will be spoiled for choice because the pathways available are almost limitless. Preserving it in its current form is viable, while it would make an excellent candidate for a faithful restoration or a custom build. It all comes down to personal preference and the thickness of their wallet. The most attractive aspect is that they have time on their side because its excellent mechanical health allows them to enjoy it immediately while formulating their plans and accumulating the budget required to transform it into the classic of their dreams. I hope one of our readers is the winning bidder because I would love to know what the future holds for this Fastback.

Comments

  1. Avatar photo Maggy

    Cool car being a fastback but a money pit imo. Way too much time and money needs to put into this car and it will always be a 6 cyl 3 speed which I really like but at this price not for me imo. .glwts.

    Like 14
  2. Avatar photo Pony up $$$

    Its a low power six cylinder with four lug-nut wheels.
    Many changes to upgrade to V8.

    Nice Stang but its a costly pony.

    Like 8
  3. Avatar photo CCFisher

    This looks so much like the Matchbox Mustang I had when I was a kid… patina and all!

    Like 2
  4. Avatar photo Cain

    Unfortunatelly, most likely whoever buys it at the current bid will not keep it original! And that is a shame for the history of this car

    Cain

    Like 0
  5. Avatar photo Rickirick

    Nightmist blue was a beautiful color on Stangs back in the day. Would repaint that color after prep work. All new drivetrain starting w/390 (which was available at model yr. end), tranny, rear end gears. All new interior. Unknowns. Oh, this is why Adam said it would take someone with a fat wallet…….

    Like 3
  6. Avatar photo Carbob Member

    I always loved this fastback style in ‘67&’68 Mustangs. I had a 1967 with the 390 and the three speed manual. It was a blast to drive and I got my monies worth stomping the loud pedal. Street racing was a regular weekend activity and I rarely got beat. Did a legitimate 120 mph plus to on the bias ply tires too. Of course I was a dumb nineteen year old boy with no sense and less money because this pony kept me pretty much broke. Single digits gas mileage drinking Sunoco 260, car payments and insurance; but Lordy what fun and I would love to have that one back above any other car I’ve ever owned and I’ve had a bunch. Too much money for this faded ‘Stang IMO. But it definitely is a worthwhile project and deserves to have it returned to its former beauty. I’d keep it stock myself but it’s also good material for a restomod. Lots of possibilities. I just don’t see how you wouldn’t be upside down big time if you’re going to “pony” up the asking price and do the restoration correct. Meantime if only I had a “wayback machine.

    Like 2
  7. Avatar photo DA

    I’d really like to know what people are seeing in the pictures that I am not. How did the bidding get up to over 16K – reserve not met – unless people are just searching the reserve? Clearly not worth anywhere near this amount, as it is going to need over 20K in paint and rust repairs alone.

    Like 6
    • Avatar photo MrF

      And even then you still have nothing but a lousy 6 cylinder

      Like 1
  8. Avatar photo Danny

    DA, if you actually new the market you would have a grasp of what is taking place regarding these rare cars. You are no longer looking at cars to buy and drive! The market left that train station many moons ago! Today’s market is geared toward investors and pure collectors who will hardly ever put these priceless cars on the road or go to the burger shack or walmart to have someone throw open a door into a 15k paint! I would have thought by this point everyone would have figured this market out, but seems a lot of people are still in denial. Take care.

    Like 1
    • Avatar photo Dan Palmer

      This is not a rare car. The original 200/3 speed is somewhat rare, but not the kind of rare that adds value. This car needs $30k in work just to be Cars and Coffee quality, and then you would have spent nearly $50k in own a car worth $25k. I pay attention to Barn Finds and BAT and Mecum. The insane prices of a couple years ago are falling back or leveling off. Feel free to peruse the results from last month’s Mecum Vegas.

      Like 3
  9. Avatar photo Danny

    Dan, this is a RARE car in the sense you cannot find them anymore within this venue that have not already been picked up and restored! You are seeing what remains or is left of this generation of produced muscle cars. Regarding the market, when you have a SOLID commodity for sale, you should see ebbs and flows of value, not high and crash values taking place. This market is a investors market, and will continue to produce high end sales for a RARE generation of cars 50-60 years of age and counting that no longer is being produced. Simple. Economics 101.

    Like 1
  10. Avatar photo Brian

    Sadly, another Mustang priced into oblivion by eBay greed. 21k didn’t meet the reserve. Someone should let the seller know that 20k will buy a brand new Cobra kit from Factory Five. Sure, you’ll need paint and drive train, but so does this car.
    Classics aren’t much fun when you’re over invested before you start.

    Like 4
  11. Avatar photo Danny

    Brian, give me a break! Are you really comparing a KIT CAR, to the original, real deal? It will ALWAYS be a KIT CAR. Do you know this market at all? My goodness either people on here have become clueless, and just want to make baseless comments with nothing to back up their points regarding this market place or sheer common sense has left the building! Take care.

    Like 0

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