Daughter’s Dowry: 1967 Ford Mustang Convertible – Sold?

December 15, 2022, Update – We confirmed the listing for this “Classifind” expired, so with no replacement found, we’re assuming this ride is “Sold?” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.

Riding the wave of the most successful car launch in automotive history, Ford had to walk a fine line and not upset the apple cart when they updated the styling and features of the Mustang for the 1967 model year. Despite growing slightly in size, the canted taillights and more aggressive front-end styling continued to bolster Mustang sales for the 1967 and 1968 model years.

The sheer quantity of Mustangs ford built through most of the 1960s made them the weekend fun car for many Baby Boomers over the past thirty years.  Time marches on, and many of the earliest Baby Boomers start to age out of enjoying their beloved weekend car.  That’s the case with this red-over-black 1967 Ford Mustang convertible originally listed in November 2022 on Craigslist in Las Vegas, Nevada. The daughter of the owners of this Mustang is handling the sale of the car.  Rather than a highly restored original, this Mustang features several upgrades over how the car likely left the factory. In addition to the popular wheels, this Mustang features a 351 cubic inch Cleveland V8 transplant.

Once offered for $24,000, Classic.com, the analytics and search engine for the collector car market, confirms the ask is well below the one-year rolling average of this guide’s summary for first-generation Ford Mustangs of all body styles and trims produced between 1967 and 1968.  By clicking on the green dots in the graph below, you can navigate to each comparable car sold as a way to help you evaluate the price of the Mustang featured here:

As a second data point, the  Collector Car Market Review Online Tool reveals the seller’s ask falls between this guide’s #3 “Good” estimate of $21,000 and its #2 “Very Good” appraisal of $28,800 before making adjustments for powertrain and other options.

For the first significant update of the Mustang, both designers and engineers needed to make room up front to facilitate the installation of a big-block V8 engine. So, in addition to increasing the engine compartment size, designers also managed to increase interior and cargo space. Exterior trim changes included concave taillights, side scoops behind the doors, and square rear-view mirrors. Once top-of-the-line, the high-performance 289 cubic inch small block V8 option became second fiddle behind the newer 335 horsepower 390 cubic inch, four-barrel-topped, “FE” engine also found in Ford’s Thunderbird, which was equipped with a four-barrel carburetor.

Designers also revised the optional interior, moving away from the “Pony Interior” in favor of a new deluxe interior package, which included special color options, brushed aluminum or woodgrain dash trim, seat buttons, and special door panels.  While engineers developed a new glass rear window for the convertible, the two-piece split design tends to be troublesome in practice if the owner is not careful when lowering the top.

The US Auto Industry YouTube Channel features this 1967 Ford Mustang commercial:

This 1967 Ford Mustang convertible appears to be a restored example of a rust-free car that features a nice bump in power over stock thanks to the 351 cubic inch Cleveland V8 upgrade. Other upgrades include a bright red carpet to brighten up the black interior and a modern in-dash stereo with speakers mounted in custom kick panels,

Here’s the seller’s description:

Show or go: What would you do with this 1967 Ford Mustang convertible?  Please comment below and let us know!