SAAC Forum

The Cars => 1969-1970 Shelby GT350/500 => Topic started by: BGlover67 on January 12, 2019, 06:39:21 AM

Title: Anyone else surprised at this or am I missing something?
Post by: BGlover67 on January 12, 2019, 06:39:21 AM
https://www.mecum.com/lots/FL0119-359475/1970-shelby-gt350-fastback/

Wow, that was cheap.

1970 SHELBY GT350 FASTBACK
351Cl, Auto

$66,550


ESTIMATE
$75,000 - $90,000
HIGHLIGHTS
1 of 261 1969 GT350 fastbacks carried over to be sold as 1970 models
Believed to be 12,557 original miles
Original sheet metal
Original build sheet
Shipped to Ed Martin, Inc. in Indianapolis, Indiana
Matching numbers 351 CI Windsor V-8 engine
3-speed automatic transmission
3.25 Traction-Lok differential
Power steering
Power brakes with front discs
Wimbledon White with Dark Red interior and Blue striping, 1 of 32 produced with these paint and trim codes
Original interior
Bucket seats and center console
Deluxe lighting group
Original Lucas fog lamps
Original 5-spoke wheels
New F60-15 Polyglas tires
Recent tune-up
Framed Elite Marti Report
This 1970 GT350 is part of an interesting footnote in Shelby Mustang history. At the end of the original Shelby era, a number of 1969 Shelbys remained unsold heading into the 1970 model year. Instead of trying to market them as 1969 models, Ford sent the leftover Shelbys to contracted performance shop Kar Kraft, where they were updated into 1970 models with hood stripes, a front spoiler and new VIN. Only 789 were converted, including just 261 GT350 fastbacks like this example in Wimbledon White with blue stripes. With 12,557 believed-original miles, the Shelby features its matching-numbers 351 Windsor V-8 and many original components, including the Dark Red interior, Lucas fog lamps and 5-spoke Shelby Magstar wheels. According to its Elite Marti Report, the GT350 was shipped new to Ed Martin Inc. in Indianapolis with a 3-speed automatic transmission, 3.25 Traction-Lok differential, power steering and power front disc brakes. Like all 1968-70 Shelbys, the GT350 was completed on the A.O. Smith assembly line in Ionia, Michigan, where stripped-down Mustang SportsRoofs and convertibles received their unique Shelby components. For 1969-70, the Shelbys differed dramatically from standard Mustangs with a fiberglass nose, NACA-scooped hood, side scoops and a spoilered rear end with sequential Thunderbird tail lights and center-mounted exhaust port. Inside, the Deluxe Mustang interior was enhanced with a roll bar, unique 140 MPH speedometer and a console-mounted gauge pod for ammeter and oil pressure. Although not reflected in the final 290 HP rating, the factory 351W cast-iron intake manifold was replaced by a Shelby aluminum version topped by an Autolite 4-barrel carburetor and cold-air-induction air cleaner. One of just 32 Shelbys produced in Wimbledon White with a Dark Red interior and blue side stripes for 1970, this end-of-the-era GT350 is fitted with new Goodyear F60-15 Polyglas tires and comes with its original build sheet.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: shelbydoug on January 12, 2019, 06:51:11 AM
Someone got a great deal. Looks like a really nice car?
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Bill on January 12, 2019, 07:05:53 AM
From someone on site, the car was nice, mostly clean, but the rust bubbling through at the top of all four inner fender panels had something to do with the price achieved.

Bill
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Greg on January 12, 2019, 07:37:55 AM
I would guess that the automatic hurt the value as well.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Bigfoot on January 12, 2019, 08:38:01 AM
I like the red guts on that one.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Coralsnake on January 12, 2019, 09:28:02 AM
Do you know the history of the car? (I don't)

It's kind of like buying bread at the store that's past it's expiration date. It might be fine  :)

You might also have a blue sandwich
Title: Re: Anyone else surprised at this or am I missing something?
Post by: BGlover67 on January 12, 2019, 09:34:37 AM
Quote from: Coralsnake on January 12, 2019, 09:28:02 AM
Do you know the history of the car? (I don't)

It's kind of like buying bread at the store that's past it's expiration date. It might be fine  :)

You might also have a blue sandwich

Ha!  Good one Pete.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Coralsnake on January 12, 2019, 10:01:22 AM
I actually like it, but I am weird that way
Title: Re: Anyone else surprised at this or am I missing something?
Post by: mark p on January 12, 2019, 10:08:24 AM
Quote from: Coralsnake on January 12, 2019, 09:28:02 AM
Do you know the history of the car? (I don't)

It's kind of like buying bread at the store that's past it's expiration date. It might be fine  :)

You might also have a blue sandwich

:o ::) ???

Well said!
Title: Re: Anyone else surprised at this or am I missing something?
Post by: shelbydoug on January 12, 2019, 10:14:03 AM
Quote from: Coralsnake on January 12, 2019, 09:28:02 AM
Do you know the history of the car? (I don't)

It's kind of like buying bread at the store that's past it's expiration date. It might be fine  :)

You might also have a blue sandwich

Green bread is better. It's got penicillin built right into it.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: TOBKOB on January 12, 2019, 10:38:30 AM
I guess I'm different but I passed on one just like this one back in 1970 because of the color combination and bought my competition red car instead. It just doesn't look right with red interior and blue stripes.  :o

TOB
Title: Re: Anyone else surprised at this or am I missing something?
Post by: JD on January 12, 2019, 10:50:42 AM
Quote from: TOBKOB on January 12, 2019, 10:38:30 AM
I guess I'm different but I passed on one just like this one back in 1970 because of the color combination and bought my competition red car instead. It just doesn't look right with red interior and blue stripes.  :o

TOB
black/red/wood interior and white body with blue and black stripes - a bit too much for some
Title: Re: Anyone else surprised at this or am I missing something?
Post by: 2112 on January 12, 2019, 11:14:42 AM
Love red interiors but they aren't always combined with my favorite exterior colors.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Karguy on January 12, 2019, 11:24:12 AM
 Would've been nice to get a good close up and personal look at this car, looks nice in the pictures but they are certainly not always what they appear. Personally, I really like the white exterior with the blue stripes, I even like the white exterior with the red interior, but for me, seems like a weird overall combination of colors. The combination of colors and the automatic are probably what held back, IMHO.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: 98SVT - was 06GT on January 12, 2019, 12:13:09 PM
Quote from: TOBKOB on January 12, 2019, 10:38:30 AM
I guess I'm different but I passed on one just like this one back in 1970 because of the color combination
How un American - It's Red White & Blue. The price is right once you figure what it will cost to get rid of the rust and restore it.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Sfm6sxxx on January 12, 2019, 12:55:17 PM
Quote from: 98SVT - was 06GT on January 12, 2019, 12:13:09 PM
Quote from: TOBKOB on January 12, 2019, 10:38:30 AM
I guess I'm different but I passed on one just like this one back in 1970 because of the color combination
How un American - It's Red White & Blue. The price is right once you figure what it will cost to get rid of the rust and restore it.
If it was rusted in those four obvious sites and not repaired, you have to wonder what else is lurking underneath the car. 
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Don Johnston on January 12, 2019, 01:40:44 PM
It least it doesn't have a "Caution Fan" sticker.   8)
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Coralsnake on January 12, 2019, 04:10:31 PM
How about comp red with a red interior? That would be cool...
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Bigfoot on January 12, 2019, 05:21:29 PM
Quote from: Coralsnake on January 12, 2019, 04:10:31 PM
How about comp red with a red interior? That would be cool...

Have seen on a Boss 302 but never on a Shelby.
Title: Re: Anyone else surprised at this or am I missing something?
Post by: Steve McDonald Formally known as Mcdonas on January 13, 2019, 06:25:10 AM
Quote from: Coralsnake on January 12, 2019, 09:28:02 AM
Do you know the history of the car? (I don't)

It's kind of like buying bread at the store that's past it's expiration date. It might be fine  :)

You might also have a blue sandwich
As my mother used to say when she served moldy food, "it's just like penicillin". It might be good or it might be bad, but you got to taste it to find out  ;D
Title: Re: Anyone else surprised at this or am I missing something?
Post by: roddster on January 14, 2019, 09:48:06 AM
  My favorite 69/70 paint combination.  At a way former SAAC convention, one was there and the rumor was that there were ten built in that combination.
  Sub comment:  I thought the price was $62,500.  Are you adding in the buyer premium?
Title: Re: Anyone else surprised at this or am I missing something?
Post by: 427hunter on January 18, 2019, 12:50:55 PM
Without a doubt the big three from the past -shelby, corvette, Ferrari- are all lower in price for the moment and only best of breed of those cars are pulling big money. I am not sure if it's market saturation with all of them, but you can walk into a dealer and buy a new "Shelby" that will run circles around our old Shebly cars.   
Title: Re: Anyone else surprised at this or am I missing something?
Post by: FL SAAC on January 18, 2019, 01:31:03 PM
+ 1

Quote from: 427hunter on January 18, 2019, 12:50:55 PM
Without a doubt the big three from the past -shelby, corvette, Ferrari- are all lower in price for the moment and only best of breed of those cars are pulling big money. I am not sure if it's market saturation with all of them, but you can walk into a dealer and buy a new "Shelby" that will run circles around our old Shebly cars.