1967 Ford Mustang Street Machine -$18,500 RNM
March 1, 2021 Update – This great Mustang did not sell at auction.
The view above is what most people see of this ’67 Mustang Street Machine on the streets of Rose Hill, Kansas. Guys With Rides continues to offer this lightly modified and restored 1967 Ford Mustang Coupe in our “Cars For Sale” section. If you’re looking for a factory-correct restored ’67 Mustang, this is not the car for you. If, however, you have your heart set on finally buying and tinkering with a custom Mustang you wanted since high school, then we encourage you to read on!
Fun fact: the date code in the Trim Tag, “14B” indicates this Candy Apple Red over red vinyl Mustang was built on the 14th day of February 1967. What a perfect color combination for a Mustang built on Valentine’s Day in 1967 that you can become the next owner of on the same day 53 years later!
Mark, the current owner of this Mustang, purchased the car from a friend approximately ten years ago. Originally equipped with the standard 200 cubic inch straight-six, a combination cosmetic restoration and street machine completed in the 1990s upgraded the powertrain to a 302 cubic inch V8 sending power to a floor-shifted four-speed manual transmission that sends the power to a Traction-Loc equipped nine-inch rear end currently set up with 4:11 gears. As much as Mark enjoys this Mustang, other priorities prevent him from giving this car the attention and driving time it deserves.
While this driver-quality Mustang carries a mostly stock appearance inside and out, keep in mind once sorted, this Mustang will be a sleeper in red. While the Lemon Squad Pre-Purchase Inspection (“PPI”) provided below calls out several items that will need to be sorted, we’re comfortable calling this older restoration a #3 “Good” condition car. The Hagerty Insurance Online Valuation Tool indicates stock Mustangs in this condition average have an average value of $19,200 while the Collector Car Market Review estimates $11,625 after factoring in the V8 four-speed premium and deducting for drum brakes.
The exterior features an older repaint of the factory candy apple red paint. While shiny and very presentable, the Lemon Squad PPI notes some cracking, overspray, and orange peel.
Pictures of the underside of this Mustang confirm a very solid example that shows hints of welded in replacement floor panels, likely completed during the restoration process that was also the source for the red overspray underneath. The PPI revealed the driver’s side door hinge will need to be replaced.
The “2D” trim code confirms this Mustang’s interior was restored to the correct red standard bucket seat specification. Besides the aftermarket rubber floors mats, the only aftermarket interior items include a Mustang-themed AM/FM/Cassette radio, a steering column-mounted tachometer, and a T-handled Hurst shifter.
The Lemon Squad PPI confirmed repairs of the rear valance panel where the trunk lid meets it. The trunk and spare tire feature a period-correct reproduction mat and cover.
Period correct “Bullitt” style wheels were added during the restoration. While the current tires indicate more than ample tread depth, the PPI confirmed the date codes are ten years old and highly recommends the installation of a fresh set of tires before the next owner starts any serious cruising with their new Mustang.
The 302 cubic inch V8 currently runs with open headers, so depending on your taste and local laws, you’ll likely need to plan on installing a performance exhaust system that can be connected to the headers. Although we have to admit, it does sound pretty awesome running wide open! As the mechanic who completed the PPI indicates, this Mustang encountered some driveability issues during the test drive. We agree with his assessment the car will benefit from a fresh tune-up, gas, and some more frequent driving. He also notes some coolant and power steering stains that will need to be addressed.
Provided below is a detailed LemonSquad.com report detailing everything that the next caretaker can have fun over the coming winter addressing just in time for the Spring driving season and (hopefully) many uncancelled events to attend with this wonderful car.
While not perfect, this is a great driver-quality Mustang Street Machine that just needs a new owner interested in working on fixing the current immediate items. We like this car as it has great bones to make it a very potent street machine that can easily be taken to “Excellent” condition territory under the capable hands of the right caretaker.
If you have any questions, please do not hesitate to ask and happy bidding!