While Ford Mustangs are among the most popular and affordable collector cars, not all Mustangs are created equal, ranging from the most basic 6-cylinder runabouts to sporty GTs, and such specialties as the Boss and Shelby models. Values vary accordingly.
The Pick of the Day is a rare example of a top-echelon Ford-factory model, a 1967 Mustang GT 390 S-code convertible, fewer than 1,000 built that year with the powerful S-Code 390cid V8 and 4-speed manual transmission.
The Mustang GT 390 S-code is described as an “unsung hero” of collector cars in a Hagerty article, produced between 1967 and 1969 by the factory “with little fanfare,” despite its booming V8 that generated 325-horsepower and 427-pound-feet of torque.
This piece of Mustang history has been totally restored to spec, sparkling in its original finish of Clearwater Aqua paint over an aqua luxury interior, according to the St. Ann, Michigan dealer advertising the convertible on ClassicCars.com. Just 163 of the pony cars were produced in 1967 with this color combo, the dealer notes, “making this Mustang an incredibly rare and desirable model today in a seldom-seen color combination.”
“This incredibly restored example was sold new by Cirimele Ford in Oakland, California, and was previously featured in Mustang Monthly magazine,” the dealer says in the ad. “Fitted with several rare and desirable options, including SelectAir Air-Conditioning, Deluxe Steering Wheel with Tilt-Away feature and more, the Mustang GT is accompanied by its owner’s manual, Deluxe Marti Report and the issue of Mustang Monthly that features the car.”
The model’s relatively obscurity has made it a real value among performance Mustangs, with the asking price on this S-Code pegged at $89,900, a substantial amount but well below the prices realized on the more familiar versions of Bosses and Shelbys and such.
To view this listing on ClassicCars.com, see Pick of the Day.