With 472,121 examples rolling off the line during the 1967 model year, it’s easy to see that Ford had a massive sales success on its hands with the Mustang. It also opened the possibility that older Mustangs like this ’67 GT Fastback would’ve resold for a dime a dozen as time passed. However, the reality is different because 1st Generation cars, even those in need of restoration, command impressive prices in the classic market. For any enthusiast searching for a project car, this one could be worth a closer look. Located in Andover, Minnesota, you will find this GT listed for sale here on eBay. With twenty-nine bids already in play, this has pushed the price beyond the reserve to $28,310. It seems that a few people like what they see with this classic.
The owner admits that the yellow paint that this Mustang wears isn’t original, and that is also a pretty amateur job. Hiding below it is the Nightmist Blue that the GT wore when it rolled off the line. There is still evidence of it visible in a few spots like the trunk, but it seems that the painter managed to perform the color change thoroughly but with no great care. The owner is candid about this car being a Midwestern vehicle, which means that there is some rust for the buyer to consider as they proceed down the path of this restoration. It doesn’t seem to be particularly bad, but it has appeared in all of the areas that we have grown to know and love in early Mustangs. The rear fender flares are fiberglass additions, but it isn’t clear whether the person who fitted them hacked into the original steel to perform the work. If they have, the buyer may need to brace for the fact that both quarter panels may be beyond repair. Otherwise, whipping the body into shape looks like a straightforward proposition and would help to explain the spirited bidding.
The owner believes that the Mustang’s interior trim is original, but it is a graphic demonstration of how much we can love or hate vinyl paints and dyes. The owner stripped and cleaned the passenger door trim, revealing that the car was ordered with Blue trim and a Sport Deck rear seat as per the Marti Report. A previous owner painted everything in sight, which could leave the buyer with some work to do. When you look beyond the color change, the trim looks like it is in pretty good order, which might be enough to justify completing the work that the seller started rather than ordering new upholstery. Unfortunately, the wheel is damaged, so the buyer will need to source a replacement. The only item that is absent is the console. Otherwise, everything that was on the car when new is present, and it works as it should.
The Marti Report indicates that the original owner of this GT ordered the car with the S-Code 390ci V8 and a 3-speed manual transmission. This combination offered stunning performance, with the S-code being the most potent offering in the 1967 armory. It should produce 320hp, which is sufficient to send the car through the ¼ mile in a neat 14-seconds. While some people might see the 3-speed as a disadvantage compared to the 4-speed, it’s worth noting that cars equipped with both transmissions will record identical ¼ mile ETs. The cause of the 3-speed is greatly helped by the mountains of torque churned out by the 390. With 427 ft/lbs on tap, it is enough to make all but the largest gap between gear ratios irrelevant. Unfortunately, this GT is no longer numbers-matching. The owner states that the cylinder heads are correct but that the engine block, intake, and carburetor are later additions. The current intake is from a 428 Interceptor, but he includes a ’68 cast iron intake in the sale. It appears that someone has added power brakes at some point because this option doesn’t appear on the Marti Report or other included documentation. The Mustang run and drives, but it shouldn’t be considered roadworthy for longer journeys. It seems that it might require some relatively minor TLC, so the buyer needs to be prepared to replace the carburetor and have the brakes inspected. Otherwise, the car’s mechanical health seems pretty good.
Returning this 1967 Mustang GT to its former glory will require some work, but this car is a long way from the worst example that we’ve seen over the years here at Barn Finds. Its rust issues seem relatively minor in a 1st Generation Mustang context, meaning that the buyer won’t be purchasing a GT where half the steel has dissolved. Its solid physical shape helps account for the spirited bidding, while its drivetrain combination seals the deal. There’s still some time left on the listing if you want to stake your claim on this classic.
I like when these cars are advertised with a Marti report. It’s always interesting to try to imagine what the original owner was thinking. He wanted the biggest engine possible, prefers to shift himself, but doesn’t opt for the 4 speed? Was he looking for performance? Why stick with the standard 3.00 rear? He wanted the deluxe seat belts for safety though. And lets top that off with optional whitewall tires…interesting order for sure…
I wonder the same thing, mainly when I see station wagons that were ordered with a big block or a 4 speed transmission (towing?, big family, etc.). I supposed some of these cars were just bought on the lot based on what the factory delivered or the sales manager ordered.
3 speed was a lot cheaper to insure. By 1970/71, it was almost prohibitively expensive for a young person to insure a big block 4 speed muscle car.
Also some folks thought they were faster. I knew an Army Sergeant who drag raced as a kid in 1960’s Alabama…he swore his Roadrunner was faster with one less gear.
what’s going on with the rear wheel arches?
Yes, they look funny to me too.
Adam’s write-up clearly states “The rear fender flares are fiberglass additions”. The seller also states in the ebay ad that the rear flares are fiberglass.
Looking at the last photo here it appears that the rear axle is not centered in the wheel well opening. Perhaps that is what is being discussed. Just looks strange.
Bob, you must read the text in it’s entirety – “The rear fender flares are fiberglass additions, but it isn’t clear whether the person who fitted them hacked into the original steel to perform the work. If they have, the buyer may need to brace for the fact that both quarter panels may be beyond repair.”
UGGGG! The bondo in the rear quarters is enough!!!
I remember a friend told another friend, who wanted him to buy a 66 fastback this, “Vern, just grind off the bondo and you will have perfect quarter panels!” The “friend” wanted the 70 oil cooler set up that was on that car! He got the oil cooler set up and the other guy ended up putting on new quarters!
$30,100 now, not a fan of black wheels.
You poor pony. Look at what they’ve done to you : (
With the yellow paint, blackout hood and flared arches, it looks a lot like the Mustang from the Borning movie series (Like fast and furious, but in Norwegian, and funnier)
Gone ‘stang…..
Yes Sold $31,400.