Sold for $21,507, this modified 1967 Ford Mustang Coupe is a deal, coming in at a whopping 66% below fair market value.

Let’s break down what makes this Mustang noteworthy. This coupe is powered by a retrofitted 302ci V8 engine, a solid choice for enthusiasts who want that classic muscle car feel with modern reliability. The car's three-speed automatic transmission offers ease of driving, especially for those looking for a laid-back cruise. The upgrades, including FiTech electronic fuel injection and a Mustang II-style front end, enhance both performance and drivability. The Frost Turquoise exterior is eye-catching, complemented by black vinyl upholstery. With 87,000 miles on the clock, this Mustang strikes a balance between vintage charm and updated mechanics.

Now, let’s talk numbers. The bidding frenzy reached 25 bids, indicating healthy interest in this Mustang. Given its fair value estimate of $63,400, the sale price of $21,507 is a clear steal. Even with modifications, the price reflects a significant discount, especially considering the car's overall condition and performance upgrades. Buyers in the market often weigh engine type, mileage, and transmission. In this case, a three-speed automatic with 87k miles isn’t a dealbreaker, especially with the recent refurbishments and modifications.

Community feedback was largely positive, with one user succinctly noting, "Solid buy for the price; can't beat that performance for this budget." It’s clear that the bidding community recognized the value in this Mustang's unique blend of classic style and modern upgrades.

For anyone on the hunt for a similar classic, pay close attention to the modifications made. While upgrades can enhance performance and reliability, they can also affect resale value. A buyer should check if the modifications are well-documented and executed by reputable professionals. This ensures you’re investing in a car that won't just look good but drive well for years to come.

See all Ford Mustang 1967-1968 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=Ford&model=Mustang%201967-1968).