Rust is often a consideration when assessing First Generation Mustangs as project candidates, and this 1967 Fastback is no exception. However, its problems are relatively minor, making it a structurally sound proposition. It runs and drives, but it has sat for a few years. The seller suggests that returning this iconic pony car to a roadworthy state should be relatively straightforward. They have listed the Mustang here on eBay in Marion Center, Pennsylvania. The bidding sits at $13,501, although that figure is below the reserve.
Ford performed its first significant update to the hugely successful Mustang for the 1967 model year. It wasn’t reinventing the wheel, but merely enlarging a few dimensions to allow the company to bolt in a wider variety of V8s under the hood. This Fastback rolled off the line that year, and would have looked stunning in its original shade of Dark Moss Green. It is unclear when the color change occurred, but reversing it as part of the upcoming restoration would be pretty easy. The panels are straight, and the exterior appears free of significant rust. The seller confirms the presence of Bondo in the lower rear quarter panels, which means we must speculate about what lies beneath it. The floors have been patched and require more work. It also appears like there might be rust on the upper front inner fenders, which may require attention. However, the rails, torque boxes, and shock towers appear okay. The trim and glass generally look acceptable for a driver-grade restoration.
The seller’s Marti Report confirms that this classic is missing its factory console. Otherwise, the interior is complete. Trimmed in Black vinyl, both front seats feature ripped covers. However, the back seat and headliner look okay, so do the carpet and the dash. That said, the gauge surrounds exhibit deterioration, with the same true of the pad. The console might be gone, but this Mustang retains its tilt-away wheel and AM radio.
The first owner ordered this Mustang with the C-Code 289ci V8. It would have sent 200hp and 282 ft/lbs of torque to the road via a three-speed automatic transmission. Ticking the box beside power steering would have provided an effortless driving experience. The seller confirms that this Fastback isn’t numbers-matching. Like Elvis, the C-Code has left the building, replaced at some point by a 302 of 1969 vintage. If the motor is a standard F-Code, it will provide a slight boost to power and torque. The car runs and drives, but it has sat for a while. The seller suggests it shouldn’t require much work to become genuinely roadworthy. That would appear to be a realistic short-term goal for those wishing to slip behind the wheel fairly quickly.
If you’ve ever doubted the desirability of First Generation Mustang project candidates, the seller’s auction statistics confirm that the “right” car will generate significant interest. The bidding tally of 22 is the tip of the iceberg, because the Listing View and Watch List totals of 763 and 115, respectively, demonstrate that this pony car has struck a chord with potential buyers. The intense action suggests it could become a bidding war in the final hours, but will you join that battle?
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