1967 Mustang GT500: Where To Buy & What To Know

Are you dreaming of owning a classic muscle car? The 1967 Ford Mustang GT500 is an icon, a symbol of power and style. If you're looking for a 1967 Mustang GT500 for sale, you've come to the right place. This guide will walk you through everything you need to know, from where to find these beauties to what to look for when making a purchase.

Owning a GT500 is more than just buying a car; it's about owning a piece of automotive history. These cars are appreciating assets, and they offer an unparalleled driving experience. This guide will give you an edge in your search for this legendary vehicle.

Where to Find a 1967 Ford Mustang GT500 for Sale

The hunt for a classic car can be exciting. Here are some of the best places to find a 1967 Mustang GT500:

Classic Car Dealerships

Classic car dealerships specialize in vintage vehicles and often have a selection of Mustangs, including GT500s. These dealerships can offer peace of mind with their inspection and restoration expertise, but they also come at a premium.

Online Marketplaces

Websites like Hemmings, ClassicCars.com, and eBay Motors are great resources. These platforms connect you with private sellers and dealerships across the country, increasing your options. Always inspect listings carefully and look for detailed descriptions and photos.

Auction Houses

Auction houses like Barrett-Jackson and Mecum regularly feature classic Mustangs. Auctions can be exciting, offering the opportunity to get a deal, but also carry risks. You'll need to do your research to determine the car's value and condition beforehand. — Anthony Richardson Game Log: Stats, Highlights & More

Local Car Clubs and Shows

Join local Mustang car clubs or attend classic car shows. These events are great for networking, where you can find leads on cars for sale and learn from experienced enthusiasts.

Private Sellers

Buying from a private seller can sometimes offer better prices. However, you'll need to be more diligent in your inspection and due diligence. — Steelers Schedule 2025: Full Season Preview & Predictions

Key Considerations Before Buying a 1967 Mustang GT500

Before you start your search, know what to look for. These factors will influence your purchase and long-term enjoyment of your GT500.

Verification and Documentation

• Verify the VIN: Match the vehicle identification number (VIN) with the official records to ensure the car is a genuine GT500 and not a replica or modified model. Checking the VIN is crucial to confirm the car's authenticity.
• Review History Reports: Obtain a vehicle history report from services like Carfax or AutoCheck. This will help you identify any accidents, title issues, or prior owners.
• Inspect Documentation: Ensure the seller provides the original or reproduction documentation, including the owner's manual, build sheet, and any service records.

Assessing the Condition

• Exterior Examination:
  • Inspect the body for rust, dents, and signs of previous repairs. Rust is a common issue, so pay close attention to the floor pans, rocker panels, and around the windows.
  • Check the paint for uniformity and quality. Faded or poorly applied paint can indicate the need for a repaint.
  • Examine the chrome and trim for pitting, damage, or missing pieces.
• Interior Inspection:
  • Check the seats, headliner, and door panels for wear and tear. Restoring the interior can be costly.
  • Examine the dashboard and gauges for functionality.
  • Look for any signs of water damage or mold.
• Mechanical Check:
  • Listen to the engine. Any unusual noises, such as knocking or ticking, could indicate internal issues.
  • Inspect the engine bay for leaks and overall cleanliness.
  • Test the transmission through its gears.
  • Check the brakes, suspension, and steering for any problems.

Understanding the Market Value

• Research Current Prices: Research recent sales of similar GT500s. Websites like Hagerty or classic car price guides can provide insights into current market values.
• Consider Condition: The condition significantly impacts the price. A fully restored car will cost more than one needing work.
• Factory Options: Rare factory options, such as special paint colors or performance packages, can increase value.

1967 Mustang GT500: Engine and Performance Specs

The 1967 GT500 was a beast, known for its powerful engine. Understanding the specifications can help you appreciate this classic muscle car.

Engine Options

• The original 1967 GT500 came with a 428 cubic-inch (7.0L) V8 engine rated at 355 horsepower. This engine was a significant upgrade from the standard Mustang models.
• The engine featured dual quad carburetors and a high-performance camshaft, providing substantial power and torque.

Transmission and Drivetrain

• Most GT500s came with a four-speed manual transmission, though some were equipped with a three-speed automatic.
• The drivetrain was designed to handle the engine's power, featuring a heavy-duty rear axle and other performance enhancements.

Performance Figures

• The GT500 could accelerate from 0 to 60 mph in approximately 6.5 seconds.
• It could complete the quarter-mile in around 14.5 seconds.
• Top speed was estimated to be around 130 mph.

1967 Shelby GT500 vs. Other Classic Mustangs

Comparing the GT500 to other classic Mustangs helps put its performance and prestige into context.

1967 Ford Mustang GT

• The GT was a performance-oriented model that offered upgrades over the standard Mustang, but it was not as powerful as the GT500.
• The GT came with a range of engine options, including a 390 cubic-inch V8, offering strong performance for its time.

1967 Ford Mustang Fastback

• The Fastback body style was popular for its sleek design, which was available across various Mustang trim levels.
• Fastbacks provided a different visual appeal but did not necessarily indicate performance upgrades, unless they were GT or GT500 models.

1967 Ford Mustang Coupe

• The coupe body style was the most common, offering a more traditional and affordable option.
• Coupes were available with a range of engine options, from inline-six cylinders to V8s.

Common Problems & Potential Issues with a 1967 GT500

Classic cars, especially the GT500, can have their share of problems. Being aware of these issues will help you better assess a car's condition.

Rust and Corrosion

• Rust is the number one enemy of classic cars. Pay close attention to areas such as the floor pans, rocker panels, and around the wheel wells.
• Corrosion can lead to costly repairs and affect the car's structural integrity.

Engine and Mechanical Issues

• Older engines may suffer from oil leaks, worn-out components, and potential overheating issues.
• Mechanical parts can be hard to find and expensive to replace.

Electrical Problems

• Wiring can degrade over time, leading to shorts, malfunctions, and other electrical gremlins.
• Electrical repairs can be time-consuming and require specialist knowledge.

Restoring a 1967 GT500: Costs & Considerations

Restoring a GT500 is a labor of love. Knowing what it entails will help you manage your expectations and budget.

Costs Involved

• Parts: Replacement parts can be expensive, especially for rare or original components.
• Labor: Professional restoration services charge high hourly rates.
• Scope of the Restoration: A full restoration can cost tens of thousands of dollars.

DIY vs. Professional Restoration

• DIY Restoration: Can save money if you possess the skills, but it's time-consuming.
• Professional Restoration: Offers expertise and a finished product, but it's more expensive.

Finding Parts and Resources

• Specialized Suppliers: Numerous suppliers specialize in classic Mustang parts.
• Online Forums: Online forums are great resources for advice and part sourcing.

1967 Mustang GT500: Investment Potential

Classic cars are viewed as appreciating assets. The GT500 has proven itself to be a good investment.

Market Trends

• The value of the GT500 has increased over the years due to its rarity and appeal.
• Values fluctuate based on condition, originality, and market demand.

Factors Influencing Value

• Condition: Excellent condition vehicles bring the highest prices.
• Originality: Cars with original components are highly desirable.
• Provenance: Documented history and ownership can boost value.

Final Thoughts: Securing Your 1967 GT500

Finding a 1967 Mustang GT500 for sale is a journey that requires patience, research, and careful evaluation. By knowing where to look, what to look for, and the costs involved, you can make a smart purchase and enjoy the thrill of owning this automotive icon. Good luck with your search.

FAQ Section

What makes the 1967 GT500 special?

The 1967 GT500 is special because of its powerful engine, iconic design, and historical significance. It was one of the first cars designed by Shelby American, instantly making it a high-performance vehicle with a prestigious legacy. Its rarity and appeal to collectors make it highly sought-after. — 2024 Midterm Election Results: Key Races And Analysis

How much does a 1967 GT500 cost?

The price of a 1967 GT500 varies widely depending on its condition, originality, and any unique options it may have. Generally, prices range from $100,000 to over $300,000. Fully restored models in excellent condition can fetch higher prices.

What engine did the 1967 Shelby GT500 have?

The 1967 GT500 was powered by a 428 cubic-inch (7.0L) V8 engine that produced 355 horsepower. This engine was known for its robust performance and was a significant upgrade from the standard Mustang models of the time.

Where can I find a 1967 GT500 for sale?

You can find 1967 GT500s for sale at classic car dealerships, online marketplaces (like Hemmings and eBay Motors), auction houses, and from private sellers. Joining local car clubs and attending classic car shows can also help you find potential leads.

What should I look for when buying a 1967 GT500?

When buying a 1967 GT500, verify the VIN, review the vehicle's history, and inspect its condition thoroughly. Pay close attention to the exterior for rust and damage, and examine the interior for wear and tear. A mechanical inspection of the engine and transmission is also crucial.

Is a 1967 GT500 a good investment?

Yes, the 1967 GT500 has proven to be a good investment. Its value has increased over the years due to its rarity, historical significance, and desirability among collectors. However, the value of the car depends on its condition and level of originality.

How difficult is it to restore a 1967 GT500?

Restoring a 1967 GT500 can be challenging, but it can be rewarding. It requires time, patience, and some knowledge of classic cars. You may need to replace many components, depending on the car's state. You can also opt for a professional restoration, but that can be very costly.

Conclusion

Finding a 1967 Mustang GT500 for sale is an exciting opportunity. These cars represent a pinnacle of American automotive history, offering both a thrilling driving experience and potential investment value. By doing your homework, inspecting the car thoroughly, and understanding the market, you can find a beautiful GT500 that you'll be proud to own for years to come. Remember to enjoy the journey of finding this classic car.