It seems that almost any 1st Generation Mustang will attract plenty of attention when it hits the market. If it features a healthy V8 under the hood, that makes it even more attractive. If we add the fact that it is a rust-free garage find that is being offered for sale with No Reserve, there’s every chance that the world will go mad. That’s the case with this 1967 model because it ticks all of the boxes that I mentioned above. That it has already attracted 38 bids is no surprise, and with plenty of time remaining, you could potentially join the bidding war here on eBay. The Mustang is located in Simi Valley, California, and all of this action has pushed the price to $32,700. Remember, this is a No Reserve auction, so someone is guaranteed to go home with a new toy.

The back-story for this Mustang is an interesting one. When it rolled off the showroom floor back in 1967, it was driven and enjoyed just as Ford had intended. Then, for reasons unknown, it was parked in a heated garage after it had plied our roads for around 21-years. I get the impression that this decision was not a spur-of-the-moment one because the owner chose to place it on stands to allow plenty of clean air to circulate between the car and good old terra firma. As a result, the Mustang emerged after more than three decades without so much as a spot of rust. The Clearwater Aqua paint sports the little nicks and marks that you would expect to accumulate over 21 years of use, but there are no significant dings or dents, and the good selection of photos supplied by the seller shows no evidence of rust anywhere. The trim and chrome, including the original wheels, are in excellent order. The original owner chose to equip the Fastback with tinted glass, and this appears to be flawless.

If potential buyers are considering this Mustang purely as an original survivor, then the interior scores well because it is nicely preserved. I’m not 100% convinced that the carpet is original because I expected some wear in the driver’s footwell. The rest of the Aqua trim does appear to be original, and it presents well. There are no rips or tears, and no evidence of staining or other issues. If a buyer is seeking perfection, there are a few pieces on the dash like the gauge binnacle that could benefit from a refresh, but there’s nothing major to consider. The factory radio has made way for a radio/cassette player, but the dash hasn’t been cut to accommodate this. That means that slotting an original back into that opening is a possibility.

It isn’t clear whether the Mustang is numbers-matching, but it does feature a C-Code 289ci V8 and a 3-speed automatic transmission. This represented the entry-level into the V8 Mustang range, and while it wasn’t a muscle car, it could still tackle the ¼ mile in 16.6 seconds. Reviving the Mustang after three decades of inactivity wasn’t difficult, but the owner has logically tackled this without cutting corners. He installed a new fuel tank, flushed and replaced all of the fluids, and then dropped in a new radiator, new brakes, new tires, and a new dual exhaust. He indicates that there was other work undertaken, but it isn’t clear what this was. The upshot is that the Fastback runs and drives well, and is ready to hit the road with a new owner behind the wheel.

Thirty-eight bids. That’s an impressive number in any auction, but it is more so when you consider that there are still nine days left on this eBay listing. I think that we’ve probably only scratched the surface, and it will be interesting to see where this one goes. If the world doesn’t go completely insane, would you be tempted to bid on this Mustang yourself?