Ford built the 1967 Mustang to compete with other sports cars, but it ended up achieving much more. This model marked the first major redesign since the Mustang’s debut, with bold new aesthetics and innovative features that now represent American muscle cars. However, despite its undeniable charm, owning a ’67 Mustang has its own set of pros and cons.

Pro: It Was a Step in the Right Direction

In the fall of 1966, Ford opted to redesign the original Mustang because they foresaw a growth spurt in the sports car market. Ford executive Lee Iacocca was skeptical due to the car’s remarkable sales, but he approved the redesign. Then, Ross Humphries and Don Kopka designed an improved Mustang without losing its original sporty vibe.

Pro: Ford Did a Major Redesign

Although the model was called the 1967 Mustang, Ford released it on September 30, 1966. It was wider and longer than its predecessor, with larger grilles, concave tail lights, and a distinctive side scoop. Approximately 98% of models had bucket seats, and about 15% had vinyl tops. Ford didn’t stop there, though; the interior design was far more luxurious.

Pro: It Is More Stylish With Better Features

The comfortable interior of the 1967 Mustang had optional upgrades like air conditioning, a new instrument cluster, and a deluxe interior package. Buyers could stick with the standard bucket seats or get vinyl or luxury upholstery. They could also customize the dash with brushed aluminum or woodgrain finish. And for the first time, a Mustang had several powerful engines.

Pro: Different Engines for Different Drivers

This Mustang had engines for different kinds of driving styles, including daily commuting and thrilling performance on the open road. The diversity allowed buyers to select the ideal engine. Ford’s base option was a 120-HP 200 cubic-inch inline-six, while the 289 cubic-inch V8 delivered about 225 HP. The standout was the 390 cubic-inch V8, producing around 320 HP.

Pro: It Was Designed for High-Performance and Racing

Besides looks, the designers built the 1967 Mustang to compete in racing. Ford got involved in SCCA Trans Am racing and refined its capabilities. Soon enough, this Mustang got modifications that enhanced its performance. Owning this model means you can enjoy the racing-inspired performance on the streets thanks to a high-performance 289 engine and the 390 V8.

Pro: It’s Still Valuable Because It’s a Popular Culture Icon

When this model got a significant role in “Bullitt” as Steve McQueen’s fastback, its popularity increased. Also, when notable figures like Jay Leno, Tim Allen, and former President Bill Clinton posed with their 1967 Mustangs, they became a status symbol. As expected, the exposure and validations have retained the interest and admiration of generations, including its value.

Pro: You’d Be Buying a Bestseller

Since Ford produced over 400,000 units, this model is one of the bestsellers in their lineup. The production numbers show that the car appealed to various demographics and highlights its status as an American legend. Likewise, the volume means that there are many well-preserved examples today, so it’s loved enough to be a viable classic car investment.

Pro: It’s a Collector’s Item

Today, collectors and classic car enthusiasts look out for 1967 Mustangs in premium condition because owning one is adding a piece of automotive history to their collections. Besides, the love of vintage cars and the thrill of riding in old technology are enough reasons to own a 1967 Mustang. However, there are some drawbacks to buying this classic car.

Pro: Steady Appreciation Makes It a Smart Financial Investment

Right now, muscle cars from the ’60s and early ’70s are the hottest classics on the market. Despite drawbacks, 1967 Mustangs still appeal to buyers over 50 years old. Most of them would want to reconnect with their youth (which is the rationale behind collector car transactions). With such a solid market, owning one would be a smart investment.

Con: Keeping the Car in Premium Condition is Tough

Retaining the value of a vintage car is far more problematic than maintaining a latest-edition vehicle. You’ll have to replace worn-out parts to keep your decades-old car in operable condition; unfortunately, some may be costly or hard to find. Also, while mechanical components are reliable, faded interior vinyl surfaces, collapsing seats, and rusting undercarriage may need restoration.

Con: The Innovative Features of That Era Can Only Be Nostalgic

While the innovative features like energy-absorbing armrests and improved dashboard designs would be tagged outdated today, they set new standards for comfort and safety in sports cars. For instance, Ford’s Select-Shift Cruise-O-Matic transmission, driving dynamics, fuel efficiency, and overall appeal of the 1967 Ford Mustang. However, these features are more nostalgic than helpful.

Con: Limited Modern Features

When you strip away the cool image factor of classic Mustangs, you’ll be looking at a car that’s  50+ years behind the curve on everything. The 1967 Mustang lacks many modern conveniences and safety features found in contemporary vehicles. The absence of top-tier infotainment systems, airbags, and modern suspension may deter buyers looking for a comfortable daily driver.

Con: Ride Quality Isn’t as Good as The Car’s looks

The driving dynamics of a 1967 Mustang differ significantly from those of modern cars. The steering and braking systems may feel less responsive, leading to rougher rides. Also, its powerful engines, though exhilarating, will consume fuel quickly. This less-than-ideal mileage makes it easily fall behind modern vehicles. However, this vehicle is perfect for those who choose nostalgia over comfort.

Con: Restoration Is Challenging

If you’re considering restoration, you must budget the right amount, depending on the car’s condition. You must also be sure of your skills if you want to make it a project. Finding a rust-free vehicle can be challenging, and restoration may cost a fortune, so only a few 1967 Mustangs are in premium condition.

Con: Watch Out for Resale Value Fluctuations

The classic car market can be unpredictable. While the 1967 Mustang is generally a sought-after model, its resale value can fluctuate based on market trends, conditions, and rarity. You should be cautious and do thorough research before investing. To increase your chances of a good resale, go for cars with intact original parts; collectors value them more.