How much is a 1967 Mustang worth today?
Prices for a 1967 Mustang vary widely depending on model, condition, and provenance. In today’s market (based on 2025 updates from the Hagerty Price Guide and recent auction results), a non-Shelby 1967 Mustang in rideable, driver condition typically ranges from the high teens to the mid-six figures, while well-restored examples can reach into six figures. Rare Shelby variants from 1967 can command seven-figure prices, especially with strong provenance. This article breaks down typical values, what drives them, and how to evaluate a car you’re considering.
Understanding the market for 1967 Mustangs
The following sections outline current market bands by body style and by major variant, with notes on what pushes prices higher or lower in today’s collector-car ecosystem.
Value bands by body style and condition
The girl is the guide: here are broad price bands you’ll see in typical listings and auction results, depending on the car’s body style and condition. Use these as a baseline rather than a guarantee, since individual cars can deviate significantly based on history, originality, and documentation.
- Mustang Coupe/Hardtop (non-GT):
- Project/unfinished: roughly $10,000–$20,000
- Drivable, decent driver: about $25,000–$45,000
- Restored or show-quality: commonly $60,000–$100,000+
- Mustang Convertible:
- Project/unfinished: around $12,000–$20,000
- Drivable, presentable: about $30,000–$50,000
- Restored or concours-ready: roughly $70,000–$120,000
- Mustang Fastback (the iconic silhouette):
- Project/unfinished: roughly $25,000–$40,000
- Drivable, good condition: about $40,000–$70,000
- Restored or show-quality: typically $90,000–$140,000+
Value trends for non-Shelby Mustangs tend to follow condition, originality, and documentation, with fastbacks often demanding a premium over coupes in similar condition due to their popularity and market demand.
Shelby variants: the top end of the market
For collectors, the two main 1967 Shelby Mustangs—the GT350 and the GT500—live in a different pricing tier thanks to rarity, performance options, and provenance. These models often set the benchmark for the era and can swing sharply with a car’s documented history, originality, and restoration quality.
- 1967 Shelby GT350:
- Good, driver-quality examples: roughly $500,000–$800,000
- Excellent, concours-ready or highly original: about $850,000–$1,500,000+
- 1967 Shelby GT500:
- Good, running cars: about $600,000–$900,000
- Concours/exceptional provenance: commonly $1,000,000–$2,000,000+
These figures reflect strong demand at auction and in private sales, where provenance—such as original paperwork, race history, and documented restoration—can tip values significantly higher.
What else drives price
Beyond model and condition, several factors consistently push a 1967 Mustang’s value upward or downward. The following list highlights the most influential elements modern buyers and collectors weigh when valuing a car.
- Matching numbers and originality — Cars with original engine/transmission matching the factory build and minimal non-factory alterations typically command higher prices.
- Documentation and provenance — Documentation (build sheets, dealership records, restoration receipts, and known history) can add thousands to hundreds of thousands to the value, especially for Shelby variants.
- Condition and completeness — Road-ready drivers fetch more than parts cars; complete, well-documented restorations in correct colors often fetch top dollar.
- Rarity and model desirability — Fastbacks and convertibles can attract different demand than standard coupes; Shelby variants are special-case rarities.
- Original color, trim, and options — Original paint or factory-correct colors, wheels, and interior options can influence value, sometimes significantly.
- Recent market trends — Auction results, dealer inventories, and collector interest shift over time; premiums for high-provenance cars can spike after notable sales.
Because the market is dynamic, values can move with shifts in collector interest, economy, and notable sales. Consulting current price guides and recent auction results provides the best snapshot before buying or selling.
How to assess a 1967 Mustang you’re buying
Prior to purchase, use a structured approach to estimate value and avoid overpaying for a car that looks good but hides costly issues. The steps below outline a practical method for buyers and appraisers alike.
- Identify the exact model and trim (Coupe, Convertible, Fastback; GT package; engine type).
- Assess overall condition and document any restoration work, color changes, or non-original parts.
- Verify authenticity of major components (matching numbers for engine/transmission, VIN, door tags, build sheet).
- Compare with current market data from price guides and recent sales of similar cars.
- Inspect for rust, previous repairs, and frame or structural issues; consider a professional pre-purchase inspection.
- Evaluate restoration quality and projected costs to maintain or upgrade, including mechanicals and cosmetic work.
Following these steps helps calibrate expectations and determine a fair market price in today’s market.
Bottom line and takeaway
For everyday buyers and enthusiasts, a 1967 Mustang can be a gateway to classic-car ownership with a wide price window. If you’re seeking a driver, expect to budget in the tens of thousands; a show-quality or highly original car will be higher still. For Shelby enthusiasts, the ceiling is markedly higher, with elite examples reaching into seven figures depending on provenance and restoration quality. Always cross-check current market data and recent auction results to anchor your purchase or sale in today’s real-world values.
Summary: The value of a 1967 Mustang today hinges on subtype, condition, originality, and provenance. Non-Shelby models run from roughly $10,000 for projects to six-figure sums for restored drivers or concours cars, while Shelby GT350/GT500 editions start well into the six-figure range and can reach seven figures for exceptional, well-documented examples. As with any classic car, thorough due diligence and up-to-date market data are essential to arriving at a fair price.
How much is my classic Mustang worth?
Classic Mustang values vary widely, typically ranging from approximately $10,000 to over $60,000, though top-tier models can exceed this significantly. Key factors influencing a classic Mustang's value include its condition (from "excellent" to "parts car"), year, model, and specific options or rarity. For example, a base 1967 Mustang in good condition is worth about $33,322 on average, while a rare 1965 Shelby GT350R can be valued at $898,000 or more, according to Hagerty.
Factors that influence value
- Condition: Cars in excellent, show-ready condition command much higher prices than those in fair condition or those needing significant repairs.
- Model and Rarity: Specific performance models like the Boss 429, Shelby GT350R, or SVT Cobra R are generally more valuable due to their rarity and performance.
- Year: Early models (1965-1970) are often highly sought after, with prices varying significantly between years and specific trim levels.
- Originality: A Mustang's value is higher if it retains its original engine, components, and features, especially if it is well-documented.
- Options and History: Original options and a clean history (e.g., no accident history, low mileage) can increase a Mustang's value.
Value examples
- 1965 Mustang: Average value for a good condition base model is approximately $31,668.
- 1967 Mustang: Average value for a good condition base model is approximately $33,322.
- 1970 Mustang: Average value for a good condition base model is approximately $48,000.
- 1966 Shelby GT350R: Average condition #2 value is $898,000.
- 1969-70 Boss 429: Average value in excellent condition is $259,000.
What is special about a 1967 Mustang?
The 1967 model year Mustang was the first significant redesign of the original model. Ford's designers began drawing up a larger version even as the original was achieving sales success, and while "Iacocca later complained about the Mustang's growth, he did oversee the redesign for 1967."
Are 67 Mustangs rare?
Now of course the kode designation was for the 65 6 and 7 Mustang. And uh they make compared to 67 made quite a few 65 and 66s in fact the 65.
What is the price of a Mustang 1967?
Charge Cars has priced its 1967 Ford Mustang Fastback-based EV at 350,000 British pounds (around Rs. 3.5 crore), with accessories and customisation options costing extra.
