07 Shelby or 67 Fastback...decisions...

[GNN60GT500]

The most valuable 1967 Mustang is one that is 100% factory original, never been modified, never been tampered with, never been repainted, etc.

The next most valuable 1967 Mustang is one that has been restored as close as possible to factory original.

Anything that has been modified, even if it is for the better, will have less value than factory original. I've been through it, you never get your money back.

Your are stuck in a quandry, to make your 67 Mustang a "liveable" car you have to do a lot of upgrades to it, all of which ultimately lower its value.

I have to disagree- I am 33 years old, have restored over 15 Mustangs, and made moneyon each one of them-

The most valuable 67 Mustang is a Shelby-

The next most valuable Mustang today is a restomod- they have overtaken the numbers matching cars-

The only time you loose money is when you modify a Shelby or a K code-

But a restomod C code fastback is worth much much more then a stock one-

I recently sold a 65 restomod fastback-- I paid 9,000 for the car, put another 10,000 into it, and sold it for 26,000-

My current 66 fastback I bought for 10,000 a year ago, I have put another 15,000 into it, and I just turned down an offer for 40,000 at the last show-

40,000, and that car was originally a 6 cylinder-

You just have to modify a C code or even an A code-

If you modify a K code or a Shelby 67- you will loose money however-

 

[The Fang]

67-68 Mustang production figures

some better figures


1967 MUSTANG

TYPE TOTAL PRODUCED
63A FASTBACK 53,651
63B FASTBACK DELUXE INTERIOR 17,391
65A COUPE 325,853
65B COUPEDELUXE INTERIOR 22,228
65C COUPE WITH BENCH SEAT 8,190
76A CONVERTIBLE 38,751
76B CONVERTIBLE DELUXE INTERIOR 4,848
76C CONVERTIBLE WITH BENCH SEAT 1,209
GRAND TOTAL 474,121

1967 SHELBY MUSTANG

TYPE TOTAL PRODUCED
GT350 FASTBACKS 1,175
GT500 FASTBACKS 2,048
GT500 COUPE PROTOTYPE 1
GT500 CONVERTIBLE PROTOTYPE 1
GRAND TOTAL 3,225

1968 MUSTANG

TYPE TOTAL PRODUCTION
63A FASTBACK 33,585
63B FASTBACK DELUXE INTERIOR 7,661
63C FASTBACK WITH BENCH SEAT 1,079
63D FASTBACK WITH DELUXE INTERIOR BENCH SEAT 256
65A COUPE 233,472
65B COUPE DELUXE INTERIOR 9,009
65C COUPE WITH BENCH SEAT 6,113
65D COUPE WITH DELUXE INTERIOR BENCH SEAT 504
76A CONVERTIBLE 22,037
76B CONVERTIBLEDELUXE INTERIOR 3.339
GRAND TOTAL 317,404

1968 SHELBY MUSTANG

TYPE TOTAL PRODUCED
GT350 FASTBACK 1,253
GT350 CONVERTIBLE 404
GT500 FASTBACK 1,140
GT500 CONVERTIBLE 402
GT500KR FASTBACK 933
GT500KR CONVERTIBLE 318
GRAND TOTAL 4,450

 

[GNN60GT500]

Now just take all of those production numbers and cut them in half- maybe more

as alot of those cars have been totaled, junked, crushed or rusted...lol

Id actually be curious to see how many cars are actually left-

 

[stangonline]

With all of the aftermarket sheetmetal and parts being made, people (I know of one personally) are working on creating mustang fastbacks, completely new. THAT will be interesting.

GNN - I agree, restomods have been getting more valuable. I think it's partially due to these TV shows about rebuilding old cars - the shows help people to understand the kind of work that goes into these cars.

 

[Stangninjak]

hmm Interesting posts. I had a 03 cobra that was modded, nice, I took to the track every now and again and enjoyed it. Many people thought it was very nice. Now while I did do some of the mods myself, I did not have to put a lot into it to make it fast. The standard chip, pulley, exhaust was all I needed.

The car was stolen...taken right out of my driveway b a tow truck..it sucked hard, and I was livid. I had just got home from knee surgery as well, and dam near had to go back when I saw the car was gone. In the aftermath, the ins paid me off, and I started looking for another car. Probaly a 05 gt I thought. Then I found my babay. A 65 Mustang coupe, that needed some work, but was not to bad. I thought about buying a car older than me, but for some reason I had to get it. I bought the car for 7k. I have restored it, put in a 351w with a nice tune in it, and will modify the steering next. The car even has AC for the hot florida sun. It fast as all get out, and I truly believe that due to the weight and power this car has, will be faster than my cobra was in the 1/4. With all the parts available now, you can easily make your classic as modern as you want to. Even ford took a 65 FB and stuffed a cammer 5.0 in it, and updatd it with all modern gear. Very nice car in the end, that handle and preformed just as good as an 05 GT.

I drive this car around and I get a LOT of compliments. Even from little kids they say, "WOW NOW THATS A REAL MUSTANG" I love mustangs. I like modding them. With this 65, I feel more connected to it than I did with my 97 vert, or my 03 cobra. The feeling of owning a nice classic far exceeds owning a newer model mustang..but thats just my opion. For what its worth, I am always being ask if I am selling..I would say I have about 14k into it now, including the price of the car. My highest offer was 26k cash..I would say that is a decent return if I wanted to sell.

In short, I say restore the 67. The 05, 06 Mustangs ar everywhere now..The 07 GT500 will hopefully e special one day...But just ask yourself..how many 67 Fastbacks do you see ? How many have you seen fully restored and said "Man..I would like to own that car" Heh if you are intent on selling it that bad, shoot me a email. I know plenty of people..myself included here in florida who would luv to take it off your hands..

 

[stangonline]

Decided to stick to the 67 Getting sheetmetal done this week and buying a rottiserie.

BTW, where in FL are you?
I'm in St. Pete

 

[The Fang]

Back to your original post I would do both the 67 and a 07 later on cuz now u can get a used 05 perty cheap.

just my 3 cents.