Mar 15, 2024  •  For Sale  •  19 Comments

Original Paint: 1967 Ford Shelby Mustang GT350 With 70k Genuine Miles

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Some survivor-grade classics will inevitably generate more interest than others when they hit the market. When the vehicle in question is a genuine 1967 Ford Shelby Mustang GT350, you can be sure that interest is high. The current owner has been this Shelby’s custodian for over fifty years, but the time has come for it to find a new home. The seller has listed the GT350 here on eBay in Saint Ann, Missouri. A car of this caliber will always command a premium price, with this one offered with a BIN of $149,900 with the option to make an offer.

Buying a pristine classic with over five decades of service under its belt appeals to some enthusiasts, while others prize genuine survivors. This GT350 falls into the second category. Its known ownership history inspires confidence, while the seller’s comprehensive photo gallery provides a clear overview of its condition. Close inspection reveals its original Lime Gold paint has accumulated a significant collection of scrapes and scratches, confirming the car has been used as its creators intended. The panels have minor bumps and bruises, but the exterior retains the distinctive scoops, rear spoiler, and taillights that are a hallmark of a genuine Shelby. Interestingly, the seller emphasizes the rarity of the red marker lights mounted in the rear sail panel scoops, although this car doesn’t carry that feature! There might be a couple of small rust spots developing in one lower front fender, but the underside shots seem to reveal nothing beyond heavy surface corrosion. The glass is in good order, and the Shelby rolls on its original ten-spoke wheels.

Investor-grade classics must be as original as possible to command a premium price, and this Shelby is no exception. Its 289ci V8 sends 306hp and 329 ft/lbs of torque to the 3.50 rear end via a three-speed automatic transmission. Power assistance for the steering and brakes lowers the driver’s workload behind the wheel. This potent package allows the GT350 to cover the ¼-mile in 14.4 seconds on its way to 137mph. Even a regular Mustang GTA with a 390 under the hood couldn’t match those figures. The seller states this car is numbers-matching, an important consideration for those considering the investment potential of any classic. It has a genuine 70,000 miles on the clock, and it appears there is evidence supporting that claim. The seller only provides the impression that the car is in good mechanical health, not stating it outright. They appear approachable, making that the first question for potential buyers to ask.

This Shelby’s interior is tidy and clean for a survivor-grade classic. Its overall condition carries the hallmarks of a car that was treated respectfully. There is no evidence of abuse, although there may be wear or damage on the driver’s armrest. The brushed trim hasn’t accumulated the dents and marks that sometimes occur, and the beautiful wheel is free from wear. The carpet has faded, but the lack of physical damage would motivate me to leave it untouched to preserve the car’s originality. The GT350 features its distinctive Shelby roll bar, and the dash houses a radio/8-track player.

Ford produced 472,121 Mustangs of all types in 1967, but only 1,174 buyers were fortunate enough to drive away in a GT350. Almost any First Generation Mustang is desirable, but those wearing the Shelby badge sit near the top of the heap. Values have dropped sightly during the past year, but if this GT350 is as healthy and original as the seller suggests, the BIN figure is justified on the strength of recent sales results. The most significant question facing potential buyers is whether to preserve or restore this classic. I would treat the surface corrosion to prevent deterioration, but leave the rest of the car untouched. That would allow it to proudly wear its survivor badge. What would you do?

Comments

  1. Howie
    Mar 15, 2024 at 6:19pm

    Sweet ride, if you think this is pricey look at the sellers other vehicles.

    Like 9
    • Neil R Norris
      Mar 17, 2024 at 1:53pm

      If I was the seller, I’d just call Dennis Collins and have it sold in 5 minutes flat.

      Like 0
  2. stillrunners stillrunnersMember
    Mar 15, 2024 at 7:53pm

    Yes but it does have a $102,000 discount….have we seen this before or was it a KR ?

    Like 2
    • DRV
      Mar 15, 2024 at 10:47pm

      I’ve been buying and observing car stuff for 50 years and of all the Shelby stuff this is the one I would own. The condition of this one in 1700 is my favorite.

      Like 4
      • Nice Mustang
        Mar 16, 2024 at 7:45am

        Me in my opinion its a 110-120k car tops.

        I think all the cars listed are everywhere inflated by this seller in hopes of an offer at more realistic pricing

        I do like this car though along with color too!

        Like 0
  3. Bob_in_TN Bob_in_TNMember
    Mar 15, 2024 at 7:56pm

    The seller has 47 cars on ebay with a total asking price of $7.4 million, or an average of $160k per car.

    Like 3
  4. Bob_in_TN Bob_in_TNMember
    Mar 15, 2024 at 9:14pm

    I’ll throw out this question/comment: what “condition” words would you use to describe this car? The seller leans on “original”, Adam uses “survivor.” The reason I’m asking is because I’m pretty sure it has had some refurbishment underhood. In fact if you read the seller’s description carefully he differentiates between the originality of the paint and interior vs. underhood. The refurbishment can be good or bad, depending on your perspective.

    Cool, highly desirable car in any case.

    Like 9
    • Al camino
      Mar 16, 2024 at 7:36am

      So what would be the price if this was a four speed?

      Like 2
      • Larry D*
        Mar 16, 2024 at 10:19am

        Hagerty’s price guide lists the following for the 1967 GT350 automatic:

        #4 $105K ($129)
        #3 $127 ($159)
        #2 $160 ($198)
        #1 $200 ($252)

        The above are 4 speed prices (in brackets) minus 20% (their price adjustment for the auto). This does appear to be a very “original” 1967 Shelby, which was the last year they were “built” by Shelby automotive. This alone is worth something, as can be the “survivor” nature of the car. So . . . as with most things, this is worth what someone will pay for it.

        Like 7
  5. DRV
    Mar 15, 2024 at 10:52pm

    I’ve been buying and observing car stuff for 50 years and of all the Shelby stuff this is the one I would own. The condition of this one in 1700 is my favorite.

    Like 2
    • Greg
      Mar 16, 2024 at 5:52pm

      The first time I saw a Shelby mustang was tech school (military) A 67 350 conv. Red and white int white top. I’ve been hooked from that Mustang. I hope it finds a good home.

      Like 0
  6. Shuttle Guy Shuttle GuyMember
    Mar 16, 2024 at 8:46am

    Based on the underside pic’s on eBay, a person could think it has been in Minnesota not Missouri.

    Like 1
  7. Fran
    Mar 16, 2024 at 9:09am

    Hmmmm 149k? I would say it’s a good price but the color! Most are painted a different color. Not a bran find either!

    Like 1
  8. al
    Mar 16, 2024 at 9:36am

    almost bought this exact car new in 1967 except with a 4 speed was debating on two cars both around $4000 with no trade both about same HP the Corvette won at $4208 a rag top 327 4 speed should have gone with the ford

    Like 3
  9. RacerDave
    Mar 16, 2024 at 12:40pm

    I was working at a Ford dealer about 72-73 & checked used car lot regularly. Went out there lunchtime & there was a 68 GT500 Shelby dark green with American Torq Thrust. They said $2,500, I had Zero Credit & ask Dad to Cosign for me, he would not, same thing on a 72 Z/28. Have had 3 Mustangs but Nothing Like This. Still have a 67 coupe, no motor or tranny right now. And I got a 69 Z/28. The things that got away!

    Like 3
    • al
      Mar 16, 2024 at 3:49pm

      I remember a 1953 Ford hard top black white top at a Lincoln mercury dealer I tried so hard to come up with money to buy it it sold before I could asking price $195 how things have changed this was in 1960

      Like 2
  10. Howie
    Mar 16, 2024 at 6:35pm

    The listing has ended, not relisted yet.

    Like 1
  11. Al
    Mar 16, 2024 at 6:46pm

    I could have bought one back in 83 while I was stationed in Norfolk, Virginia. It was all black, 4spd, with low miles. The Ford dealership had bought it at auction and put in the showroom for 13k. I looked at it, but ended up with an 83 Z28. A few weeks later I saw the car on base with an officer base decal on it. The mirror finish it once had when I saw it in the showroom was gone. From nose to tail it was nothing but swirl marks. I kicked myself over my decision for not grabbing it.

    Like 1
  12. Rjonec
    Mar 18, 2024 at 1:54pm

    I had an identical one to this car when I graduated HS. My car number was 2525 in I recall correctly. Lime green,10 spokes and auto. I purchased it for $4500. Had a great time with the car that summer. Pulled the manifolds and dropped in the Tri-Y headers. Drove it uncorked for a week until the next check to get the rest of the exhaust installed at the local muffler shop. Pissed off the neighbors and my Boss at work. He had a 57 Vette and I pulled in uncorked and rattled the store front windows. I gave him crap about being a Chevy guy and how my Shelby would smoke his 283 powered Vette. Good times! He never brought his Vette to work because he had a company car. That glorious noise was worth at least 1 second in the quarter. LOL.
    Seems like a decent car obviously rough around the edges. The problem with the term “Survivor” it is high subjective and overused. It certainly wasn’t a car that had dry storage, too much surface rust etc. Someone should enjoy it.

    Like 0

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