S-Code Project: 1967 Mustang Fastback

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S-Code, Mustang, Fastback. To some classic car enthusiasts, these words create a faster pulse and a quick check of the bank account. If you are one of these folks, you will appreciate this 1967 Mustang S-Code project for sale in Aragon, Georgia. Offered at a buy-it-now price of $24,500, be ready to open up your toolbox and wallet to transform this car into the Mustang of your dreams.

Few models induce as many bench races and “what ifs” as a Mustang. From Shelbys to 427 cammers, this model has induced a lot of dreams, wishes, and lively discussions. So many people were introduced to car culture through a Mustang. Even if you are not a fan of Mustangs or the blue oval, you can at least respect the performance of these cars and how they revolutionized the automotive market when they were released. True Mustang superfans speak of these cars in codes: K-code, S-code, R-code, etc. These significant digits represent the 5th digit in the VIN and denote which engine came with the respective Mustang.

That brings us to this model for sale: a 1967 S-code. This ride originally came with the 390 FE motor, but as you can see from the listing, the motor is long gone. It does come with a 4-speed manual and the revered 9″ rear end. The seller states that the VIN denotes that this car was originally painted in Acapulco Blue but currently looks to be a shade of silver. However, that’s of no mind, as this car will need extensive rust repair and must be repainted. The interior looks to be complete, but every piece will need restoration. The pictures of the undercarriage show rust issues, as well, so expect to do a lot of chassis repair, too. Fortunately, the aftermarket is robust for vintage Mustangs, so you will have plenty of parts available to fix this steed.

The S-code Mustangs are interesting cars to consider in the pantheon of vintage pony cars. They do not seem as popular as the lighter K-codes with the 289 or the 428 Cobra Jet, introduced in 1968. But, they can be a good value as the 390 can easily be built up to compete with a 428, and since they are not as popular, the value won’t be diminished if you use a hopped-up 390 to compete against your Cobra Jet friends. So, what would you do with this ‘Stang? Does the sight of this dilapidated fastback make your Stangey senses tingle? Or do you believe Mustangs are overrated and the market is oversaturated? Check out this Mustang here on eBay!

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Comments

  1. Walter

    Mustangs are not overrated
    This car is over priced

    Like 19
    • Robert G.

      I can buy a brand new body for $14,000

      Like 1
  2. Snotty

    428,428-CJ, 428-SCJ is the same size engine externally. Difference is bore and stroke. Camshafts and valve size. Performance/industrial may or may not have 4 bolt mains. 410 and 428 Merc.and Ford engines

    Depending on the application may have multiple exhaust flange bolt configurations. Difficult to tell what you actually have. Most say measure the stroke. Hard to do cause the spark plug threaded hole is angled. I verified my 67 Thunderbird 428 with the flexplate which has a weight welded to it and is also different than the 390 plate. 428 flexplate has pie shaped stamp cuts around the circumference.

    Like 3
  3. Rw

    If this car could talk..

    Like 3
  4. HBC

    $24.5 for a basket case Pony without a motor, interior will need complete restoration. $2500 big money for this worn out neglected ride.

    Like 4
  5. TBallusn

    So, if that car is worth $24,500, then my still (but with clean metal and an engine) is easily worth twice that. Wow. $1000 for torn up seats? I was born on a day, but not yesterday.

    Like 3
  6. Charles Jenkins

    Full disclosure, I am not a Ford guy, but I do know a little about them. Maybe some of you folks out there that are really in tune with the classic Ford market can give me some reason to believe that this thing is not WAY overpriced. I just do not see the value in this car.

    Like 4
    • TBallusn

      Charles – seller is banking on finding buyer so locked on “S” code they are willing to spend beyond common sense. Desirable car for sure, just not that one.

      Like 0
  7. The Cadillac Kid

    M-otor
    U-sually
    S-talls
    T-ransmission
    A-lways
    N-o
    G-ood

    Like 1
  8. Edward Walsh

    put a Cayote in her, Ford Racing 5.2L Coyote Crate Engine XS Aluminator

    Like 2
  9. Jack Quantrill

    A fool and his money is soon parted!

    Like 2
  10. Malcolm Greer

    This same Mustang-oriented junkyard keeps finding suckers. As long as they’re getting free advertising, they will continue be the carpet-baggers they are. What do you think?

    Like 3
  11. Bob

    Junk yard fodder.

    Like 2
  12. DA

    “Needs all the common rust repairs. The car requires a full restoration.”

    Not some rust repair, all of it – and then some. I think if this was worth fixing, the owner would be doing it in the paint shop and detail shop.

    Can it be restored? Sure, if you throw enough money and time at it, but it would be grossly impractical even at a tenth of the asking price.

    Like 1
  13. Gary Gohlke

    Sold my GTA for $650 back In 1998. Probably in better shape than this one.
    Everybody that has a Mustang thinks they’re gold plated and worth a lot of money. Buy a rust bucket for parts and get a Dynacor body shell and fenders. Go from there. Build it like you want it.

    Like 1
  14. CarbobMember

    I’ve mentioned many times here how much I loved my 1967 390 back in the day. I know sure as the sun sets in the west that I will never own one again due to the astronomical prices. I am flabbergasted that a no motor needs everything bucket o’rust will probably find someone to accept the ask or close to it because it is a S code. Well there is a pair of pants to fit every rump so more power to the future owner of this ah, project. Now if only I could get my hands on a wayback machine…

    Like 1
  15. HCMember

    $24k for a 67 Mustang Fastback with no engine is crazy and optimistic. I’m getting ready to list my 66 Fastback with a freshly rebuilt 289 and 5 spd trans, new disc brakes, exhaust and new rear qtrs for low $30s. It’s much further along than this rolling chassis, needing lots of body work.

    Like 1
  16. Henry Hopkins

    the 67 and 68 fastbacks were better looking than the 65 and 66 ones, IMO. Had a 64.5 cvt and a friend in the office had a new 67 fastback. Made my heart flutter and they still do. But, having had more than several cars restored and losing money on every one at later sale is something I do not recommend. Better to save or find the $$$$ to buy one someone else has put way too much money into. But I know, easy to think “I could afford that and restore it over time”. No, no, no. Had a great time though over the years restoring letter cars and Imperial cvts. 57 to 61 and do have enough left to cover bills and living expenses.

    Like 1
  17. CATHOUSE

    Dusty,
    I do not see a 4 speed or any other transmission in any of the photos and the seller makes no mention of a transmission being included in the sale.

    Like 1
  18. HCMember

    A rust bucket 67 Mustang even if it’s an S code with no engine or trans, and needing tons of body/ metal and welding, for $24k is just outrageous. Gives me a better feeling about what im asking for my 66 Fastback that I’m about to sell.

    Like 0
    • Charles Jenkins

      If this thing brings even 25 percent of what they’re asking, and your’s is at least a 289 2bbl automatic that runs, you should be fine no matter what you’re asking.

      Like 0

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