Collins’ first action is to check out the factory build tag to confirm the Mustang’s credentials.
It left the factory with an S-code designation, meaning there should be a 390-cubic-inch V8 in the engine bay – but a peek under the hood reveals the original engine got swapped at some point for a 289 V8.
Yet, Collins’ enthusiasm doesn’t cool as he confidently remarks they’ll put another 390 in the car. Other standout features of this convertible include a GT Equipment Package, a four-speed manual gearbox, power brakes, a power top, an AM/8-track radio, and a two-tone blue interior.
Later, Collins proudly displays a Marti Report showing there’s no other 1967 Mustang like this one.
Less Love For The S-Code Ford Mustang Rescue
The “R-code” phrase seems to come out of Collins’ mouth as much as “outstanding,” another of his trademark expressions.
These Mustangs with the 335-horsepower 428 Cobra Jet get all the attention from collectors and enthusiasts – even K-code’ ‘Stangs’ with the venerable 289 V8 are the subject of conversation in the same crowd.
But, the S-code versions are often overlooked because Ford only offered the 325-horsepower 390 V8 from 1967 to 1969; according to the Marti Report for Collins’ S-code rescue, Ford built 472,209 Mustangs in 1967, but only 2,180 came with the 390 engine and four-barrel carburetor
