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1967 Shelby GT500

2dr Fastback

8-cyl. 428cid/355hp 2x4bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$154,000*

-9.9%
#4 Fair condition#4 Fair

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1967-1970 Shelby GT500 stats
Highest sale
$2,200,000
Lowest sale
$16,720
Most recent sale
$176,400
Sales
1372

Photos

55 photosImages may not reflect selected vehicle.

1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
1967 Shelby GT500 2dr Fastback Courtesy of RK Motors
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Model overview

Model description

Ford and Carroll Shelby already had a hit on their hands with the track-oriented GT350, and in 1967 they introduced a big-block variant of their potent Mustang collaboration—the GT500.

That same year, production of the specialty Mustangs moved from Shelby American's California facility to Ionia, Michigan, where Ford could exercise more control, and where the cars would be built alongside "regular" Mustangs. Shelby thus had little to do with the development and production of the GT500.

No matter, because despite comfort and convenience amenities Ford deemed necessary, the cars were serious performers. Powering the GT500 was a 428-cid "Police Interceptor" V-8. The engine appeared in other, larger Fords of the day, but with twin Holley four-barrel carburetors, it produced 360 hp. The fastback coupes were available with either four-speed manual or three-speed automatic transmissions.

Outside, the GT500 featured a fiberglass nose and tail section, functional hood scoops, and four side air scoops. Inside, the GT500 featured trim borrowed from the Mustang GT, and included amenities like air conditioning, power steering, and a functional rear seat. Buyers responded, and the GT500 far outsold its small-block GT350 sibling.

For 1968, Ford replaced the previous 428 with the Cobra Jet 428, which featured larger valve heads, an intake manifold borrowed from the race-ready 427, and ram air induction, all aimed at pushing horsepower toward 400. It powered the new GT500 KR (King of the Road), which was the fastest, most luxurious Mustang to date. A convertible version joined the ranks, as did a conventional coupe. All cars featured a padded rollbar, as well as interior upgrades such as woodgrain trim and unique gauges.

Ford restyled the Mustang for 1969, and the GT500 along with it. Fastbacks were now dubbed SportsRoof models, and hoods contained a trio of NACA ducts and two rear-racing scoops. This was effectively the end of the GT500, thought several 1969 models went unsold and were carried over and sold as 1970 models, with updated VINs for the model year.

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Common Questions

The value of a 1967 Shelby GT500 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $154,000 for a 1967 Shelby GT500 in good condition with average spec.

The highest selling price of a 1967 Shelby GT500 at auction over the last three years was $517,000. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1967 Shelby GT500 at auction over the last three years was $41,250. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 45 1967 Shelby GT500s sold at public auction.

The most recent auction sale of a 1967 Shelby GT500 was $346,500 on January 25, 2025 by Barrett-Jackson.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.

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