Hey guys! Ever wondered about the dream machine, the 1967 Shelby GT350 Mustang? Let’s dive into what makes this car so special and, most importantly, what it might cost you to snag one of these beauties today. Whether you're a die-hard car enthusiast or just curious, stick around as we explore the factors influencing its price and value.

The Mystique of the 1967 Shelby GT350

The 1967 Shelby GT350 isn't just another classic car; it's a piece of automotive history. Born from the collaboration between Ford and the legendary Carroll Shelby, this car represents a high point in American muscle car design and performance. The GT350 was designed to be more than just a pretty face; it was built to dominate on the track while still being street legal. This dual nature has cemented its place in the hearts of collectors and enthusiasts alike.

One of the key features that set the 1967 GT350 apart was its performance. Under the hood, you typically found a modified version of Ford's 289 cubic inch (4.7-liter) V8 engine. Shelby tweaked this engine to produce around 306 horsepower, which was a significant boost from the standard Mustang's output. This power, combined with upgrades to the suspension, brakes, and exhaust, made the GT350 a formidable performer both on the road and on the racetrack.

Visually, the 1967 Shelby GT350 also stood out from its standard Mustang counterparts. It featured a unique fiberglass hood with functional scoops, a distinctive grille, and side scoops that helped to cool the brakes. The rear of the car also received attention, with a fiberglass spoiler that added to its aggressive stance. These visual cues not only enhanced the car's appearance but also improved its aerodynamic performance, making it a true sports car in every sense of the word.

Inside, the GT350 was all about business. The interior was designed to be functional and driver-focused, with features like a wood-rimmed steering wheel, high-back bucket seats, and a roll bar that added to the car's safety and rigidity. While it wasn't as luxurious as some of its competitors, the GT350's interior was perfectly suited to its mission: to provide a thrilling driving experience.

In terms of production numbers, the 1967 Shelby GT350 was relatively rare. Only around 1,175 GT350 fastbacks were produced, along with a handful of convertibles. This limited production run has contributed to the car's desirability and value over the years. Finding an original, well-preserved example of a 1967 Shelby GT350 is a challenge, but for many collectors, the reward is well worth the effort.

Owning a 1967 Shelby GT350 is more than just owning a car; it's owning a piece of history. These cars represent a golden era of American automotive design and performance, and they continue to inspire enthusiasts around the world. Whether you're a seasoned collector or simply a fan of classic cars, the 1967 Shelby GT350 is a vehicle that deserves your attention and admiration.

Factors Influencing the Price

Okay, let's talk money. The price of a 1967 Shelby GT350 Mustang can vary wildly based on several key factors. Understanding these can help you assess whether you’re getting a good deal or need to keep looking.

• Condition: This is the big one. A GT350 in pristine, showroom-ready condition will fetch a significantly higher price than one that’s been neglected or needs extensive restoration. Cars are often rated on a scale from concours (perfect) to parts car, and the closer you are to the concours end, the more zeros you’ll see in the price tag. Look for rust, damage, and wear, especially in critical areas like the engine, chassis, and body panels. Originality matters, too. Cars with original parts or documented replacements are worth more than those with aftermarket components.

• Originality: How much of the car is original? Original engines, transmissions, and body panels are gold. If a car has been heavily modified or has non-original parts, it will typically be worth less. Documentation, such as the original window sticker, build sheet, and owner's manual, can also significantly increase the car's value. These documents provide proof of the car's authenticity and history, which can be crucial for collectors.

• Documentation and History: Speaking of documentation, a well-documented history can add thousands to the value. This includes original sales documents, service records, and any information about previous owners. Cars with a known history are more desirable because they provide transparency and reassurance to potential buyers. Documentation can also help to verify the car's originality and condition over time.

• Rarity: Certain colors or options are rarer than others. For instance, a GT350 finished in a rare color combination or equipped with unique factory options will command a premium. The fewer examples of a particular configuration that were produced, the more valuable that configuration becomes. Research the production numbers and option availability for the 1967 Shelby GT350 to identify any rare features that might increase the car's value.

• Market Trends: Like any collectible, classic car values fluctuate based on market trends. Economic conditions, collector demand, and even media attention can impact prices. Keep an eye on auction results and sales data to get a sense of the current market value of a 1967 Shelby GT350. Market trends can change quickly, so staying informed is essential for both buyers and sellers.

• Restoration Quality: If the car has been restored, the quality of the restoration is crucial. A poorly restored car can actually be worth less than an unrestored one in decent condition. Look for restorations that adhere to original specifications and use high-quality parts. Professional restorations performed by reputable shops are generally more valuable than amateur jobs.

• Location: Believe it or not, location can also play a role in the price. Cars located in areas with a strong classic car culture or a high concentration of collectors may command higher prices. Transportation costs can also factor into the equation, especially if you're buying a car from out of state or overseas.

Price Range Expectations

So, what can you expect to pay for a 1967 Shelby GT350? Generally, prices can range from $200,000 to over $500,000, depending on the factors we just discussed. Here’s a rough breakdown:

• Project Cars: These are GT350s that need significant work. They might be missing parts, have extensive rust, or require a full restoration. Prices for project cars can range from $100,000 to $200,000, depending on the extent of the damage and the availability of parts.

• Driver-Quality Cars: These are cars that are in decent running condition but may have some cosmetic or mechanical issues. They're typically suitable for driving and enjoying as-is, but they might not be perfect. Prices for driver-quality cars can range from $200,000 to $350,000, depending on their overall condition and originality.

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• Show-Quality Cars: These are GT350s that have been meticulously restored to their original condition or are exceptionally well-preserved. They're typically free of any major flaws and are suitable for showing at car shows and events. Prices for show-quality cars can range from $350,000 to over $500,000, depending on their rarity and provenance.

• Concours-Condition Cars: These are the best of the best. They’re in perfect, like-new condition and are often judged to be among the finest examples in the world. Prices for concours-condition cars can easily exceed $500,000 and can even reach into the millions for exceptionally rare or historically significant examples.

Remember, these are just estimates. The actual price of a 1967 Shelby GT350 can vary based on the specific car and the circumstances of the sale.

Where to Find a 1967 Shelby GT350

Hunting for a 1967 Shelby GT350 can be an adventure in itself. Here are some places to start your search:

• Classic Car Auctions: Auctions like Mecum, Barrett-Jackson, and RM Sotheby's often feature high-end classic cars, including Shelby Mustangs. These auctions provide a platform for buyers and sellers to connect, and they offer a wide selection of cars to choose from. However, be prepared to pay a premium, as auction prices can be competitive.

• Online Marketplaces: Websites like Hemmings, ClassicCars.com, and eBay Motors are great resources for finding classic cars. These marketplaces allow you to search for specific models and compare prices from different sellers. However, it's essential to do your due diligence and thoroughly inspect any car before making a purchase.

• Classic Car Dealers: Specialty dealers who focus on classic and muscle cars often have a selection of Shelby Mustangs for sale. These dealers typically have expertise in classic cars and can provide valuable insights and guidance. However, their prices may be higher than those of private sellers.

• Car Clubs and Forums: Joining a Shelby Mustang car club or online forum can be a great way to connect with other enthusiasts and learn about cars that are for sale. These communities often have members who are knowledgeable about Shelby Mustangs and can provide valuable advice.

• Private Sales: Sometimes, the best deals can be found through private sales. Keep an eye out for ads in local newspapers or online classifieds, and don't be afraid to reach out to owners directly. However, be sure to thoroughly inspect the car and verify its authenticity before making a purchase.

Essential Tips Before You Buy

Before you drop a significant amount of cash, keep these tips in mind:

• Get an Inspection: Always have a professional mechanic who specializes in classic cars inspect the vehicle. They can identify potential problems that you might miss.

• Verify Authenticity: Counterfeit Shelby Mustangs exist. Verify the car’s VIN and other identifying markers to ensure it’s the real deal. Resources like the Shelby American Automobile Club (SAAC) can help.

• Check for Rust: Rust is the enemy of classic cars. Carefully inspect the car for any signs of rust, especially in common problem areas like the floors, rocker panels, and wheel wells.

• Review Documentation: As mentioned earlier, documentation is key. Review any available documentation, such as the original sales documents, service records, and owner's manual, to verify the car's authenticity and history.

• Negotiate Wisely: Be prepared to negotiate, but also be realistic. Know the market value of the car and be willing to walk away if the price is too high.

Is the 1967 Shelby GT350 Worth It?

So, is the 1967 Shelby GT350 worth the investment? For many enthusiasts, the answer is a resounding yes. It's a rare and iconic piece of automotive history that offers a unique driving experience. However, it's essential to do your research and approach the purchase with caution. By understanding the factors that influence its price and taking the necessary steps to verify its authenticity and condition, you can make an informed decision and potentially own a true classic.

Whether you're a seasoned collector or simply a fan of classic cars, the 1967 Shelby GT350 is a vehicle that deserves your attention and admiration. Its combination of performance, style, and rarity makes it a true legend in the world of automotive history. Just remember to do your homework and be prepared to pay a premium for the privilege of owning one of these iconic machines. Happy hunting!