Bring a Trailer Bargain of the Week: 1967 Ford Mustang Convertible

When it comes to classic Mustangs, the Shelby versions often get the most attention. Then there are the icons, like the original Bullitt and Eleanor from Gone in 60 Seconds. But not every vintage Mustang needs to ape these celebrity classics to be enjoyable. And the benefit of buying such blank-slate cars is that they’re usually bargains. Such is the case with the 1967 Mustang convertible listed this week on Bring a Trailer.

Faced with the Camaro, Ford fought back with the redesigned 1967 Mustang

A red 1967 Ford Mustang convertible at the 2017 Ebreichsdorf-Classic Old-Timer Rally
1967 Ford Mustang convertible at 2017 Ebreichsdorf-Classic Old-Timer Rally | Manfred Schmid/Getty Images
1967 Ford Mustang
Engines4.3-liter (200-cubic-inch) carbureted inline-six
4.7-liter (289-cubic-inch) V8 with two- or four-barrel carburetor
6.4-liter (390-cubic-inch) V8 with four-barrel carburetor
Horsepower (SAE gross)4.3-liter: 120 hp
4.7-liter: 200 hp (two-barrel), 225 hp (four-barrel), 271 hp (four-barrel Hi-Po)
6.4-liter: 320 hp
Torque (SAE gross)4.3-liter: 190 lb-ft
4.7-liter: 282 lb-ft (two-barrel), 305 lb-ft (four-barrel), 312 lb-ft (four-barrel Hi-Po)
6.4-liter: 427 lb-ft
TransmissionsThree-speed manual
Four-speed manual
Three-speed automatic
Curb weight2758 lbs (4.7-liter coupe, Hagerty)
0-60 mph time7.3 seconds (6.4-liter automatic, Car and Driver)

1967 was a big year for the Ford Mustang in several ways. Firstly, it was the debut year for the original Shelby GT500. And secondly, Chevrolet introduced the Mustang’s archrival, the Camaro. So, after 2.5 years on the market, Ford decided its pony car needed a redesign and a refresh.

Compared to the original, the 1967 Mustang is longer and has a wider track, though the wheelbase is identical, Hagerty says. It has a revised front suspension setup and dual-circuit brake master cylinder, too, as well as different lighting and a new interior. And in addition to the GT’s new ‘390’ V8, the ’67 Mustang got a few new special-edition models. One of them, the Ski Country Edition, came with snow tires, ski racks, and a limited-slip differential. You could also get the LSD with the GT Package, which added stiffer suspension and 15” wire wheels, too.

Furthermore, automatic V8 models offered power-assisted front disc brakes and optional cruise control. But even ‘lesser’ 1967 Mustang models could get options like an AM/FM radio, passenger side mirror, and a telescopic tilting steering wheel. And Mustang convertibles now offered a folding glass rear window.

Besides the Shelby models, 1967 Mustang buyers interested in performance could score the K-Code version. This ditched the A/C, power steering, and similar amenities. However, it gave your pony the Hi-Po 289 V8, a reinforced drivetrain, LSD, stiffer suspension, and a bigger front sway bar.

There’s a well-restored 1967 Mustang convertible up for grabs on Bring a Trailer

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Admittedly, even the best classic Shelby GT350 doesn’t really handle like its modern descendants. But you don’t need a Shelby to have fun in a 1967 Mustang. Vintage muscle cars offer visceral sensations at low speeds. And a 289 Mustang “’can be a neck-breaker’” given enough road space, Petrolicious notes. Yet even with the bigger, heavier engines, this old pony handles well for its age, Car and Driver says.

So, you might want to think about a neck brace with the 1967 Mustang convertible currently listed on Bring a Trailer. It’s not a K-Code car, but it does have a rebuilt 289 V8 with a four-barrel Holley carburetor and a replacement four-speed automatic. And that V8 breathes out through Flowmaster mufflers with quad exhaust tips.

The dashboard of a 1967 Ford Mustang with an automatic transmission
1967 Ford Mustang dashboard | Ford

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In addition to the powertrain upgrades, this 1967 Mustang convertible has the Sport Sprint package, with different rocker-panel moldings and a louvered hood. It also has a heater, AM/FM radio, front discs, fog lights, and lap belts. And it has a replacement power-operated soft top.

Speaking of replacement tops, this Mustang was restored a few years ago, receiving a new coat of paint as well as replacement carpets and vinyl upholstery. As a result, it’s in excellent shape, though its true mileage is unknown. The seller last changed the oil in December 2020, BaT notes.

It’s not a Shelby, but this classic Mustang is a bargain roadster

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As of this writing, this 1967 Ford Mustang convertible is listed at $20,289 with three days left in the auction. Automatic cars are admittedly less valuable than manual ones. But even so, it’s still below the $25,000-$33,400 average range for a good-to-excellent-condition ’67 ‘Stang roadster, Hagerty reports. And the engine is numbers-matching.

Considering how much other classic Mustangs command these days, this 1967 convertible is an affordable entry into the club. And it’s a vintage Mustang: parts and support are both plentiful. It’s not an Eleanor, but it could be yours.

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