Author Topic: 1968 GT500 on eBay  (Read 506 times)

stangman39

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1968 GT500 on eBay
« on: October 29, 2019, 08:25:23 AM »
Has this one been discussed?
I don't see it mentioned...sorry if I missed a previous post.
Posting here so the record keepers have some info!
I've seen Mustang Beginnings website before with the selling a bunch of projects but have not had any direct contact with them

https://www.ebay.com/itm/1968-Ford-Mustang-Original-Shelby-GT500/133216672800?_trkparms=aid%3D1110001%26algo%3DSPLICE.SIM%26ao%3D1%26asc%3D20140131123730%26meid%3D7e2081b18b37498f9045ce383d07bd00%26pid%3D100167%26rk%3D4%26rkt%3D15%26mehot%3Dpp%26sd%3D274049833023%26itm%3D133216672800%26pmt%3D0%26noa%3D1%26pg%3D5411&_trksid=p5411.c100167.m2940

67 GT350

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Re: 1968 GT500 on eBay
« Reply #1 on: October 29, 2019, 08:34:00 AM »
Overpriced.

Its a "Rescue Shelby" It needs to be rescued from California and brought to a "Normal State"

68, 50K at the most, but maybe a first time Shelby want-a be would get excited and click that buy it now.
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Greg

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Re: 1968 GT500 on eBay
« Reply #2 on: October 29, 2019, 08:50:07 AM »
As far as the money, I don't know, if someone had the correct pieces and did the work yourself you would still be okay IMO.  The car looks pretty solid and the color combination is good.
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Coralsnake

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Re: 1968 GT500 on eBay
« Reply #3 on: October 29, 2019, 09:42:55 AM »
I always like the discussions of price.

Have you seen a lot of 1968 Shelbys change hands under 50k?
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67 GT350

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Re: 1968 GT500 on eBay
« Reply #4 on: October 29, 2019, 09:49:22 AM »
Yes, I bought a 68 Shelby convertible for 50K, I could have bought a restored, RESTORED, 68 350 for 75K, I did buy a 67 350 RESTORED for well under 100K, etc. When I define restored, I mean great paint, interior, and detailed undercarriage. Prices are not what they were due to ageing people, lack of interest in the younger because they can buy a new car that will be much easier to take care of, and finding a shop to restore a car is next to impossible, not to mention the cost. etc.
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Special Ed

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Re: 1968 GT500 on eBay
« Reply #5 on: October 29, 2019, 09:56:31 AM »
Didn't mustang unlimited have for sale a blue 68 Shelby for $5.000  recently I think it was one of them compact models  :)

stangman39

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Re: 1968 GT500 on eBay
« Reply #6 on: October 29, 2019, 09:59:00 AM »
Yes, I bought a 68 Shelby convertible for 50K, I could have bought a restored, RESTORED, 68 350 for 75K, I did buy a 67 350 RESTORED for well under 100K, etc. When I define restored, I mean great paint, interior, and detailed undercarriage. Prices are not what they were due to ageing people, lack of interest in the younger because they can buy a new car that will be much easier to take care of, and finding a shop to restore a car is next to impossible, not to mention the cost. etc.

75 for a restored 68 350 is the retail ballpark give or take and has been for awhile.  At least that is what I've seen.

Coralsnake

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Re: 1968 GT500 on eBay
« Reply #7 on: October 29, 2019, 10:46:08 AM »
Touche Ed. Hate to see the restoration bill on the cube
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BGlover67

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Re: 1968 GT500 on eBay
« Reply #8 on: October 29, 2019, 11:19:39 AM »
That cube is more of a work of modern art than most things currently in the MOMa.
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SCJSTU

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Re: 1968 GT500 on eBay
« Reply #9 on: October 29, 2019, 11:34:06 AM »
Didn't mustang unlimited have for sale a blue 68 Shelby for $5.000  recently I think it was one of them compact models  :)

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Bill

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Re: 1968 GT500 on eBay
« Reply #10 on: October 29, 2019, 11:38:12 AM »
That cube is more of a work of modern art than most things currently in the MOMa.

So how much did you end up paying for it :D
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tesgt350

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Re: 1968 GT500 on eBay
« Reply #11 on: October 29, 2019, 11:56:35 AM »
I always like the discussions of price.

Have you seen a lot of 1968 Shelbys change hands under 50k?
I have seen a lot of really NICE GT 500 Drivers change Hands for between $75K and $90K.   I would say the one being offered is a $15K to $20K at best.

Bigblock

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Re: 1968 GT500 on eBay
« Reply #12 on: October 29, 2019, 12:36:03 PM »
This car and its condition reminds me of a 4 speed KR that was sitting in a warehouse here in Northern Ohio for decades. It along with two K code fastbacks were always going to be restored by the owner. Unfortunately this past spring a fatal heart attack got in the way. A very tacky situation occurred at the funeral home where several strangers showed up to give the widow their phone numbers to offer top price for the Shelby. She finally sold the car to the son's friend that runs a body shop. Original trans but no engine - $41K.

Greg

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Re: 1968 GT500 on eBay
« Reply #13 on: October 29, 2019, 01:43:30 PM »
As with any collectable or sought after vehicle, good ones will always command a higher price.  When I hear of low priced vehicles they usually have sketchy or no paperwork.  They aren't original and you really have no idea what you are buying, hence the low price.  I have seen some 65's in the $250K range but very little was original and I have seen 65's in the $500K range where the car was original and could be proven.  All depends on what you want and what you will accept.
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