I was 12 when the slightly restyled ’67 Mustang hit the streets. I remember seeing my first fastback and liking how the fastback now reached all the way to the rear trunk. I also thought the three taillights in that concave rear end was really cool. At first glance, the new ’67 Mustang looked a little longer, a little wider, and a bit more aggressive. Here’s an original, non-running project that needs work but appears to show promise. It left Ford’s San Jose, California factory with the rather rare factory AC option that came on only 15% of the 472,121 Mustangs produced in 1967. I’m sure there’s a number somewhere, but considering only 15% of ’67 Mustangs were fastbacks, not a lot of them came with factory AC. Currently residing in Dallas, Texas, this ready-to-be-restored fastback is for sale here on eBay. As of this writing, 18 bids had been placed but the $26,100 top bid hadn’t met the seller’s reserve.
The story behind this particular Mustang such as where it’s been, how many owners it’s had, what kind of life it’s led the past 55 years, and stuff like that is left up to the reader’s imagination. The seller only shares that it’s been sitting for “many, many years.” It appears to be wearing its original Lime Gold paint (one of 28 color options available in 1967) that is tired and faded. There are rust and rot issues that will need attention, bumpers that need rechroming, and a broken off front fender radio antennae, but I’m not seeing any major dents (beyond the crease in the rear passenger fender) and the tinted glass looks good. It’s also wearing the correct “Styled Wheel Covers,” one of three wheel cover options available in 1967.
The condition of a car’s interior usually gives you a clue about how a car has been driven and cared for, especially if it’s still original. I’ll have to say, this Mustang’s original interior is in good condition. Sure, there are a few rips in the driver’s two-tone vinyl seat and the carpet is worn, but the dash, console, steering wheel, door panels, and especially the rear seat are all in good shape.
According to the ’67 Mustang sales brochure, this fastback has the Sports Deck option that “lets you fold down the rear seat to triple the 2+2’s luggage space and provided a loadspace nearly 6 feet long!” The seller says it has power steering and I’ve never seen factory AC on a ’67 Mustang, so it’s cool to see the old-school circular vents.
Mustangs in 1967 came standard with a 200-cubic inch, 120hp 6-cylinder engine, but four V8 options were available. This one was ordered with a 289-cubic inch V8 that isn’t running and missing its distributor cap. It’s paired with the optional SelectShift Cruise-O-Matic Automatic Transmission and has a listed odometer mileage of 19,688, which I suspect has been around once. I’m not sure what the seller has set as the reserve, but Hagerty’s estimates the value of a #3 Good Condition ’67 Mustang Fastback at $29,800 (and a #4 Fair Condition at $18,900). I’ll be curious to see what happens next to this 2+2 Mustang and if it finds a new corral this time around.
Based on Hagerty, I’d say this pony has reached about the limit of what it’s worth. I’d rate it between Fair and Good, so I don’t think there’s much room left to go.
Asking to much, needs a lot of work just to drive as it is.
It’s currently been bid to over 30 grand with reserve not met. It will probably hit reserve.
As I recall, both Hagerty and NADA price guides indicate that for both good and fair conditions, the engine needs to start & run.
Over the years I’ve seen many 1967-68 Mustangs with Factory A/C, and while I’m not an expert in how many were so equipped, I would have estimated the number of A/C cars higher. Maybe it’s because I have lived in an upscale area that has “Tropical” weather in the summer, resulting in a higher percentage in our area.
Over the last 20 years I’ve noticed that many cars, especially those that typically didn’t get ordered new with A/C [like high performance cars], are bringing a much higher selling price if they have factory A/C.
I figure that those buying cars in the ’60s & ’70s were a younger crowd and didn’t want A/C, typically claiming that the A/C made the cars slower because the A/C robbed the engine of horse power, plus the added weight didn’t help. Those same people today are much older and used to being in air conditioned vehicles [even work trucks], homes, and work places. And very few of the owners today are racing their cars.
The cost of fact AC, which could easily exceed 10% of the car’s price, was a major factor in the number of cars ordered w/AC. The base MSRP of this fastback was $2572. The AC was $356. Sounds minuscule today, but in 1967 dollars, it’s obvious that many people simply felt it was an expensive option for the wealthy (unless location mandated AC for survival!). I was ordering a new Chevy every two years during the 60s, but it wasn’t until 68 that I ‘bit the bullet’ for AC (mainly ‘cuz our summer of 67 had been exceptionally HOT).
@ Chuck D
That $356 is a bit over $3k in today’s dollars (thanks Google!)
A/C was an expensive option.
Some big time, hot shot automotive shop (Gas Monkey Garage, Dallas) will throw down whatever it takes to get this untouched 67 Mustang. Strip it down to bare bones and rebuild it as an Elinor Mustang, take it to Barrett-Jackson and hope to get six figures for it. Stranger things have happened.
They better hope they don’t. The copyright holder to the original Elinor Mustang is very protective it, going so far as to sue and ultimately claim the car of one builder
The story may be found on YouTube.
She just lost in court.
https://fordauthority.com/2022/12/shelby-trust-prevails-in-mustang-eleanor-copyright-lawsuit/amp/
Sad that all aspects of life have to be about profit and law suits. If it had been me, I would have given them both halves of the car, separately.
Please! No more Elenore tributs!
Dime a dozen car.
Would be nice but already too much money for what I’m sure is hiding some serious floorpan issues to say the least. Could be a real nice car if done correctly, mild hipo work to the engine, shift kit to the tranny, Wilwood the brakes otherwise keep it stock. All it takes is time and plenty of money, never come out ahead, do it for the joy.
Well I just had to get my 2 cents in again. My first car when I was 16 was a 67 hardtop in turquoise with a matching color interior. It had the sports sprint package which gave you the GT louvered hood, chrome top lid on the air cleaner with a “sport sprint” decal, full wheel covers, and exterior appearance package. It was a 289 2 barrel with single exhaust rated at 200 horsepower with the cruise o matic C-4.
My father bought it new in San Rafael California after trading a brand new 66 convertible Mustang for (get this) a 63 Ferrari 250 GT 2+2 with the 3 liter V12. He was a stock broker then and he traded it with his stock broker buddy.(That is another great story to talk about some other time) The 67 became my car in 1972 and I drove the living you know what out of it! I went cross country 2 weeks after getting my license (I started driving at the age of ten) back to Chicago where I grew up till the age of 14 then moved to California. Boy was it a different state back then. You could NOT hurt that car. I drove the wheels off of it and I sure wish they still made cars that good and that low priced. I owned that car for 2 years and really wanted a fastback (especially after watching Steve McQueen in Bullitt.) Sadly I never got that 67 fastback so naturally this 67 fastback for sale has got my attention. We all buy the old cars to recapture our youth. I have owned more Mustangs than any other car, all years up to present day, but I sure would love to have this one. I know this one is nothing special other than being a fastback, but that is enough to light my fire. It will take a fat wallet for this one but memories can be worth it.
I would call the 67 much more than a “slight restyle”. Just my opinion. The 67 fastbacks had so much more road presence than a dainty looking 65-66 did. I wanted a new 67 fastback badly but settled for a new 67 coupe for availability and financial reasons.
Presents ok in the pics but if you look closely every panel is showing some rot. No Pics of the underbelly and I’ll be its a true rustang. Probably a mud queen and the mud is poppin’ Looker over good. 30 large for this??? There’s a reason there are no shots of the underneath side. As woofer said, someone with too much money will buy it.
Cheers
GPC
Please stop with the “rustang” bit. It’s trite and overused, and not particularly clever !
Agree Mike G. Along with “drop an LS in it” and “it will buff right out”.
Since it isn’t a running vehicle, Old Car Reports Price Guide puts this ~$10-12k as a #4. A #3 condition, assumed to be your decently restored/maintained running-driving 20-footer, comes in ~$22-25k. I’d pin this one at about $18k tops, IMO.
Lost my ’67 in an accident in Santa Rosa, CA. It had the 390 shoe-horned under the hood and an automatic trans. I remember the spark plugs were buried near the fender wells so there were two options to change them. #1, disconnect a motor mount and lift each side individually, or #2, drill holes in the fender wells, pull the rims and use extensions to reach the plugs. Probably one of the fastest cars I had the privilege to own. By the way, the accident was NOT my fault. Damn shame…
Plugs in a 390/428 Mustang are indeed a pain, but you did not have to lift the engine or drill holes. I worked in a service station etween 1966 and 1972, startimng at 16 years of age, and my best friend had a 68 GT with a 390. When we added headers, (deleting the smog) it was easier, but still a pain. The factory AIR injection tubes on the stock manifolds added another obstacle. The best tool was a long, like 18″ or more 3/8″ extension with a universal joint spark plug socket. Tedious, yes. PITA, yes, but doable. That being said, 67-70 Mustangs with the 390/428 was the worst car for plug changes in my opinion that I can remember.
The comments on this site, especially when it comes to vintage Mustangs, never fail to give me a headache. The interested party’s who will bid this to at least the mid 30’s don’t care what Hagerty’s price guide or commenters on here say it’s worth. How long does the market for a particular car have to continuously be at a specific price point before certain people decide to acknowledge it? It stinks that prices have gotten to where they are, but that’s the reality. What’s completely insane is that people will spend this amount of money on a car based on a few photos, none of which show the undercarriage. Unless they’re looking in person or having photos mailed to them.
Happy Holidays.
Seller: Take the top bid and run for the bank. Why ? Because it is double what the car is actually worth!!! Also non runner, rust, and needs interior and paint. Anyone buying this one will
be upside down from the time they pay for it. As for me before I spend that kind of cash it will need to be drivable turn key finish needing nothing but to enjoy.
We’re many, many years removed from being able to buy a car like this for 15k.
If I’m mistaken, could you please point me in the direction of one’s available for that amount. I’ll take at least 2.
I have a 66 Mustang Fastback that I’m restoring and prefer that year to this one, but this 67 is in great survivor condition. It’s worth whatever they can get for it. The 289s are nothing to sneeze at when warmed up right. 351 cam and new heads, intake and 4bbl carb will make her run more like a 351.
That’s double what it’s worth to you, right? There are plenty of folks that think this is worth 30k+ and it’s worth what the market will pay. Ya, it’s tough to watch these cars sell for what they do, but anyone who follows these cars, in particular fastbacks, knows the price of the unmolested cars is not going to drop by a profound amount anytime soon. You will have a hard time finding any collectible pony or muscle car at your price point that’s without “issues”. If you find one I strongly suggest you buy it (Eric B is right). This isn’t a “cheap” hobby anymore and for many it’s a business and prices reflect that. As far as being upside down on this car it really depends on what’s done to it down the road and if this becomes somebody’s “forever”/legacy car.
I’m still astounded daily at what a non running small block mustang with rust will bring at auction. I absolutely love mustangs but this is ridonkulous.
People saying drop an LS in it have never gone thru the process required. Wiring harnesses and electrical, ECM as well as all the O2s on exhaust. You’re much better off staying with the original carb system setup. What sounds like a great update is more headache than you’ll ever know.
Isn’t the actual value of a car what someone is willing to pay for it?
This is a solid looking Mustang but at $26,000 you would think that the seller would at least attempt to make the engine run!
If you think options like power steering and brakes as well as AC were expensive back in the day, see what those originals that had those options bring now. I’d much rather have a 64 Impala with factory AC and a 66 Mustang with factory AC than models without them. Trying to piece all that together after the fact is very expensive.
Heck,
You’re not kidding when you said cost of A/C was much higher 50+ years ago. I ordered a new 1973 Dodge B200 cargo van and told the salesman I wanted factory A/C. He said I probably would not want it when I heard the price: Over $450, on a well-optioned van that I paid just over $4,000 for.
I thought about it for a few seconds before telling him to add it to the option list, and I was always glad I did the right thing, especially in the summer of 1978 when we were in Barstow California with 114f temps!
@ Heck D
You’re correct, it adds up quickly. Doing it now with a 66 FB – 5K plus or minus. GLW your restoration!
Merry Christmas/ Happy Holidays all!!
6T09A. My 66 Mustang came with all the AC brackets lines and pullies but had an underdash AC unit. That may mean that it was a dealership addition.owner before me removed AC compressor and clutch which is fine because I’m going to install a more modern and lighter weight compressor and clutch. I also added a Vintage air system to a non factory AC 67 Mustang and that was alot of work. Merry Christmas
Air conditioning doesn’t make a car worth THAT much more. There should be laws governing the max people can sell their car for.
Now there’s a slippery slope.
I would dial that notion back a bit. We might agree that the old car market has been influenced by investors who don’t necessarily enjoy old cars, but we definitely don’t want the law telling anyone what they can sell their personal property for. Give them an inch and they’ll take a mile.
Maybe all it needs to be a running car is a new distributor cap wires and plugs. And if the seller can’t even do something as simple as this to get it running, it’s just overpriced in its current non running condition.