This 1967 Ford Mustang Fastback proves we should never judge a book by its cover. It looks tired, and the multiple paint shades suggest it is a project that may have stalled many years ago. However, it is a remarkably solid classic offering a range of possibilities for its new owner. The Fastback has generated considerable interest since the seller listed it here on eBay in Willoughby, Ohio. Frantic bidding has pushed the price to $23,200, which is below the reserve. There is a BIN option of $31,500 for those willing to throw caution to the wind.
The record sales results achieved by the Mustang in 1966 would always be hard to replicate, particularly in the face of growing market competition from General Motors, Chrysler, and AMC. Mustang sales dropped from 607,568 to 472,121 in one year and would continue decreasing throughout the First Generation’s production run. Our feature car is 1-of-71,042 Fastbacks produced during that year, with its original owner ordering it in iconic Candy Apple Red. It has been inactive since 1982 and appears to be an unfinished project build. The vehicle isn’t missing many parts, and despite the tired appearance, it is surprisingly solid. Prone areas, like the rails, torque boxes, shock towers, and cowl, are free from significant problems. The seller admits there is rust in the driver’s side front floor pan and trunk pan and that there are various patches and previous repairs. The work quality is generally acceptable for an enthusiast planning a driver-grade restoration. However, replacing the steel would be the obvious choice for someone contemplating a high-end build. The Mustang currently sports a reproduction Shelby trunk lid, with the seller willing to include matching quarter panel extensions if the winning bidder wants to pursue that look. Otherwise, they have a new lid they will swap on for those preferring a “stock” appearance.
The mechanical specifications suggest the original owner sought an effortless driving experience when ordering this Mustang. They equipped it with the company’s C-Code 289ci V8, a three-speed C4 automatic transmission, and power assistance for the steering and front disc brakes. The C-Code was the least potent V8 offering in 1967, producing 200hp and 282 ft/lbs of torque. It provided performance that most found acceptable, although plenty of options were available for those wishing to order their pony car with a dash of Tabasco. It is unclear whether this Fastback is numbers-matching, but the seller confirms the engine is stuck. They have filled the cylinders with transmission fluid, but nothing has budged yet. The situation might change, although it would be wise to factor a mechanical rebuild or the cost of a replacement V8 into the restoration budget.
Restoring a Mustang interior is pretty straightforward, which is a good thing considering the state of this classic. It retains its original front seats, trimmed in Black vinyl. A previous owner substituted a Sport Deck rear seat for the original, while some upholstered surfaces wear Burgundy vinyl. The console has disappeared, and some dash components are also gone. Everything required to return the inside of this classic to its former glory is readily available, although those contemplating anything but a faithful restoration may find the custom approach irresistible.
What would be your approach if this 1967 Mustang Fastback took residence in your workshop? Would a faithful restoration be your target, or would a more potent drivetrain find its way under the skin? The biggest question is whether you will compete with the eleven people who have submitted thirty-one bids to make that dream a reality. I wish you luck if you do.
Let’s see Adam. $31,500 starting point. Apparent seized motor. What’s the tranny & rearend look like? Brake system? Fuel system? Some dash components missing. Console gone. Definite body & paint job needed. Missing bumpers etc, etc, etc. It’s far reaching at this point for these 11 bidders with fat wallets imo. Buyer’s roi would be minimal.
Yep….bad patch panel work as well as floor work and seller is saying un-molested ? Pass on this patch work…..
Lots of people with more money than brains. This thing is a dog with fleas, lots of them. The only thing it has going for it is that it’s a fastback…
As stated once before on here
In 1992 I sold my dad’s all original 67’Fastback for $ 1,500.289/3-speed stick.no power steering, no air, am radio.
Red center cap hupcaps.
150 k miles,smoked at a idle and couldn’t get through N.J.emissions. 1st phone and it was sold and I took off for Phoenix. Now my son has a 13′ Shelby 500 conv.with 7k miles.
You’d be better off to buy a new Dynacorn fastback shell for $17.5k and build your dream fastback than to restore this.
In 1969 I bought a wrecked 1967green fastback that had been wrecked. Minor damage and I fixed it in a week. It was a little odd that it had a 390 w/335 HP, chrome valve covers, 👌AC, a wide ratio 3 speed trans, and 373 or about gears in the rear end. Used to drag race it on the week ends. The neat thing was that I ran against 4 speed’s and blew their doors off. I only used 1st and 2nd gears in the quarter. Then the gas prices went thru the roof and I had a wife and baby to support so I traded it for a Honda 350. Damn, Wish I had it today if only to prove the odd configuration existed cause I know someone is going to say, not possible. Bull
This a a great deal – for somebody else. At the likely reserve, it isn’t even worth buying for minimal repairs.
Chuck, I will back you up on that configuration of 390 and three speed manual. I had the same thing in my 1967 fastback.No A/C. Like you all I really needed was first and second in the quarter. I won a lot. And circumstances; specifically gas and insurance prompted me to sell it and get a more economical car. Man I wish I had that Mustang back. Personally, I can’t believe that people are willing to pay this kind of money for the featured car. This tells me that I will never have a Mustang like my old steed. Sigh.
I can buy a finished ’67 fastback for not much more than the BIN price. No telling how much Bondo resides beneath all that primer; you might end up buying new quarter panels and fenders as well as an interior.
Where are these finished 67 fastbacks for $30k?
I did see some on Hemmings late last year; they may not be there now but wait until the weather warms up.
I owned a 67 Fastback for about 25 years that I traded my 64 Fairlane to my brother for. When I first got it my wife and I came home and I hit the garage door opener and just took it in as the door went up. The 67 Fastback has the sweetest rear end of any car. Ever. As I sat there admiring it, I said to my wife, “Baby, that thing has an ass almost as fine as yours” to which she replied, “Thanks. I think”.
I did a ton of work to it over the years to include a hot 351W, C6, AC, Flaming River R&P steering, 8″ 3.50 tracloc, factory tach dash w/clock, upper & lower consoles, correct AM radio, reproduction woodgrain steering wheel, high back seats from a ’72 Mustang w/ shoulder belts, etc. etc. etc. I spent years getting it just the way I wanted it.
Then sold it.
I never thought I would but I did. I listed it on C-list and it sold within a few weeks. I felt myself tearing up a little bit when the fella drove it out of my yard as I stood there, drying my eyes with an armload of $100 dollar bills.
No regerts.
I have a 67 289, C4 Fastback in my garage 20 feet from where I’m sitting. The car rolled out of the factory equipped much like the subject car. Mine is a nice show & shine, cars & coffee ride. Over the 30 plus years I’ve owned it I’ve had several offers to sell it. Based on the subject car mine should be in a vault somewhere cause it’s worth its weigh in gold!