Rare 1967 Shelby Mustang GT350 Packs a Punch, Costs More Than a 2024 Porsche 911 GTS

We’ll be focusing on the 1967 model year today, which is when the GT500 was added to the Shelby Mustang lineup. That was also when the cars were redesigned, getting longer fiberglass hoods, to go with their updated front and rear fascias. You could still see the design of the original 1965 model being more than evident, but it was clear that 1967-and-newer Shelby Mustangs looked a lot more aggressive.

These Mustangs also featured hood scoops, horizontal taillights, integrated rear spoilers, rear quarter panel scoops, gorgeous interiors with wood-rimmed steering wheels, plus two excellent Windsor V8 options, but we’ll talk more about performance later.

Right now, we need to discuss this gorgeous blue 1967 Shelby GT350 with dual racing stripes, getting auctioned off to the highest bidder. According to the ad, it’s one of just 1,174 fastbacks ordered for the 1967 model year, and one of just 821 cars fitted with a four-speed manual gearbox.

This explains why the current bid is $160,000, with just one day left to go in the auction. In other words, this would set you back more than a 2024 Porsche 911 Carrera GTS, which is priced from $158,200 – and that’s a 473 hp, 192 mph car.

This GT350 used to be Lime Gold back when it was new, but we definitely don’t mind that it’s gone blue in the meantime. It’s hard to find late first-gen Mustangs that look bad regardless of colorway.

Inside, you get black vinyl front bucket seats, a folding rear bench, the Interior Décor and Courtesy Light groups, a Shelby-specific roll bar, three-point front seatbelts, vent windows, black rubber floor mats, an aftermarket stereo, plus auxiliary gauges for the oil pressure and amperage.

As for the engine, we’re dealing with a 289 ci Windsor V8, that’s been rebuilt under previous ownership. This unit used to produce 306 horsepower and 329 lb-ft of torque when new, but has since been fitted with a Paxton centrifugal supercharger to go with the Cobra-branded intake lid and finned valve covers.

According to a dyno chart provided by the seller, the vehicle is currently putting down 372 horsepower, with everything going to the rear wheels via the previously mentioned four-speed manual transmission.

Whichever way you spin it, this is a beautiful Mustang, and it’s actually not that difficult to justify the high price tag, especially when considering the specification and the mechanical upgrades. There’s no way this car isn’t just pure joy to drive.