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1970 Shelby GT500 Project

Started by 5s386, June 23, 2020, 05:20:30 PM

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CharlesTurner

I think anyone would be hard pressed to find an original 65-70 Shelby project under $30k.  Lots of folks cannot afford the average Shelby entry point, which is probably close to or at 6 figures these days.  While this does afford someone a low initial cost, these major projects almost always end up costing more in the long run.  But, to some folks, the journey to the finished car is worth more than clicking an easy button.

The dash and Shelby tags being missing does impact the car some, but it's not a kiss of death.  My '68 has a repro Shelby tag.  The previous owner had the car since the early 70's and used to keep it parked outside.  He removed the Shelby tag in fear of someone stealing it.  Unfortunately, through a couple family moves, the tag was lost.  It is what it is, but there are cases where a repro tag doesn't mean someone is trying to cover up questionable/bad history.
Charles Turner
MCA/SAAC Judge

2112

I think it is extremely optimistic this car could be finished for $80K. It has absolutely nothing.

I am not saying someone out there isn't deserving or the car should be trashed. I am saying it is throwing good money after bad money.

Got money and time to burn? have at it.

shelbydoug

It seems to me that basket cases bring an unreasonable amount. Most can't possibly be finished for the balance of the current remaining market value.

This car is an example of that I think?
68 GT350 Lives Matter!

Greg

The seller probably thought the same thoughts, build or sale so he decided to sale.  Most of the time it is cheaper to buy than build but as Charles pointed out, the journey or learning about this model through the build process and seeing it resurrected is satisfying. 

I think for a lot of us we have "been there and done that", so the educational experience has been well paid for  :)
Shelby's and Fords from Day 1

Bigblock

When a 69 was converted to a 70 was the dash VIN changed? Or did it just get the plastic covered label on the door?

Coralsnake

Entire metal VIN plate was swapped out

Bob Gaines

Quote from: Bigblock on June 24, 2020, 02:13:06 PM
When a 69 was converted to a 70 was the dash VIN changed? Or did it just get the plastic covered label on the door?
Dash vin changed and plastic covered tamper proof label on the door.
Bob Gaines,Shelby Enthusiast, Shelby Collector , Shelby Concours judge SAAC,MCA,Mid America Shelby

mustang245

It looks like it was just found, flipped, and now being flipped again based on some instagram posts.

Bigfoot

Good color.
I agree with C Turner,...the VIN tag might not be a big deal here,..meaning ur getting the discount.
That said,...that car needs a ton.
But some people r handy.
RIP KIWI
RIP KIWI

FL SAAC

#24
Hopefully someone will purchase it , re vin it and another one is saved
Living RENT FREE in your minds

All Time Post Count King !

Home of the "Amazing Hertz 3 + 1 Musketeers"

FL SAAC Simply the Best, much Better than ALL the Rest.

I have all UNGOLD cars

I am certainly not a Shelby Expert

Dan353

#25
Is this the same car that is listed in cars for sale on the forum

Greg

Quote from: Dan353 on June 25, 2020, 06:41:51 AM
Is this the same car that is listed in cars for sale on the forum

Yes
Shelby's and Fords from Day 1

FL SAAC

Indeed but he graciously gives us a $2,500 discount vs the ebayers

Quote from: Dan353 on June 25, 2020, 06:41:51 AM
Is this the same car that is listed in cars for sale on the forum
Living RENT FREE in your minds

All Time Post Count King !

Home of the "Amazing Hertz 3 + 1 Musketeers"

FL SAAC Simply the Best, much Better than ALL the Rest.

I have all UNGOLD cars

I am certainly not a Shelby Expert

Greg

Quote from: FL SAAC on June 25, 2020, 07:37:27 AM
Indeed but he graciously gives us a $2,500 discount vs the ebayers

Quote from: Dan353 on June 25, 2020, 06:41:51 AM
Is this the same car that is listed in cars for sale on the forum

Not really, the BIN price on eBay includes a 428 block, rods, heads and tranny. 
Shelby's and Fords from Day 1

FL SAAC

Probably can be negotiated into the deal for under 28.5

Everyday you sit on inventory it costs you money

Be happy !

Quote from: Greg on June 25, 2020, 08:03:33 AM
Quote from: FL SAAC on June 25, 2020, 07:37:27 AM
Indeed but he graciously gives us a $2,500 discount vs the ebayers

Quote from: Dan353 on June 25, 2020, 06:41:51 AM
Is this the same car that is listed in cars for sale on the forum

Not really, the BIN price on eBay includes a 428 block, rods, heads and tranny.
Living RENT FREE in your minds

All Time Post Count King !

Home of the "Amazing Hertz 3 + 1 Musketeers"

FL SAAC Simply the Best, much Better than ALL the Rest.

I have all UNGOLD cars

I am certainly not a Shelby Expert