The 1967 Mustang proved that it was the incontestable king of American muscle cars and it really did a great job teaching all the other manufacturers out there how a muscle car must look, feel and sound. Not only was the Mustang line the envy of other manufacturers, it was also the car that both teenagers and adults highly desired.
Ford decided to push the limits most especially with the 1967 Shelby GT 500, which was a very powerful car and seemed to have reached the zenith that Ford had hoped for when the Mustang line was originally rolled out. However, the public also demanded a car that could be used in day to day activities and so Ford was receptive to all of these demands as they began production on the 1967 Mustang. What they had in mind with this model was to have some more room in order to fit an even bigger block engine.
With the 1967 models many of the basic Mustang cars would have an engine sporting out 320 BHP and a 390 CID V8 engine. But Shelby decided that they could go further and ultimately decided to do it. The new GT 350 had no changes made to its 306 BHP 289 CID V8 engine. But on the other hand, a new model, the Shelby GT 500 was launched and this particular car had a reworked 428 CID engine.
The 428 was kept in store for those bigger Ford models and it would stack an amazing 345 BHP. What Shelby came to add with this new launch were twin 600-cfm Holley 4 barrel carburetors, the cast-aluminum intake manifold (which had a medium rise) from Ford’s 427 and some other small modifications to facilitate a rating of 355 BHP. If you were lucky enough in that day and age and had a lot of money in your wallet you could have your 1967 Ford Shelby GT 500 equipped with the 427 CID V8 which was a near race ready option.
The 1967 Mustang Coupe originally sold for $2,461. The 67 Mustang Fastback sold for $2,592 and the convertible model was priced at $2,698.