Author Topic: Found 68GT500KR need help  (Read 11781 times)

tesgt350

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Re: Found 68GT500KR need help
« Reply #30 on: January 08, 2020, 11:50:18 AM »
Walk away.  There are GT 500KR's out there in Driving Condition that is worthy for Local Car Shows in the Price Range it will take you to Restore that one.

BGlover67

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Re: Found 68GT500KR need help
« Reply #31 on: January 08, 2020, 01:18:30 PM »
Good morning Mr B,

Missed your comment, who is this celebrity we have???

Hollywood ???

Definitely agree with you apples and oranges

Just look at the 1967 Shelby prices compared to the 1968 Ford Shelby prices



Tony, the white '67 GT350 sold for that much because it was Ruben's car.  Celebrity ownership always raises the value of cars.  ;D


No, Ruben of course.  That was his car. 
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Brian R. Glover
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vtgt500

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Another opinion.
« Reply #32 on: January 08, 2020, 03:45:19 PM »
The car is not all that rare or anything special.  Doubtful you have any sentimental attachment.  Objectively, it's rotted basket case with no financial return.

My $0.02 having built and owned my '68 for 43 years, offer $20K for the body and buy a new, R3 shell.  Build a new, BBM side oiler.  Put an eye stopping, flow coated paint job on the shell.  Transfer all the hardware from the old body.  Consider a Holley Sniper EFI and ignition.  You'll have beautiful, rust free, reliable, car.  Something you'd have no second thoughts to drive cross country.  Fast enough to scare you and turn heads where ever you go.  If you decide to sell, and honest about it's history, lot of folks looking for something other than a fragile, trail queen.  Keep in mind, the highest selling, '68 auction cars were not concours restorations.  Also, if familiar with the early Bronco market, those that run & dive flawlessly with professionally done up grades are commanding the highest price.  You could always transfer the VIN from the rotted body.  Such is legal in my state and on par with what Shelby planned to pass of with their 50th anniversary heritage restorations.  Again, just my opinion.

6s2020

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Re: Found 68GT500KR need help
« Reply #33 on: January 08, 2020, 04:29:49 PM »


Amount of rust in it kills it for me, find a rust free and accident free project that is mostly stock, makes for a more easy and enjoyable restoration.

Pay more at the start for a better car, and it will pay off.

Also, if you don't need to have a 68KR, a 67 GT350 will be an easier project.

Or a 66 but they are getting up there in price on projects.

JMO

Side-Oilers

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Re: Found 68GT500KR need help
« Reply #34 on: January 08, 2020, 04:40:15 PM »
IMO:  Pass on it.   As others here have said, it's a much better idea to buy a much better car to start with. 

Even if the car was free, the amount of man hours needed here is scary. 
Current:
2006 FGT. Tungsten. Whipple, HRE 20s, Ohlin coil-overs, 3.90 gears. 210.7 mph.

Kirkham Cobra. 482-inch aluminum side-oiler. Tremec 5-spd.

Formerly:
1968 GT500KR #2575 (1982-2022)
1970 Ranchero GT 429
1969 LTD Country Squire 429
1963 T-Bird Sport Roadster
1957 T-Bird E-model 3-spd stick

Shelby_r_b

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Re: Found 68GT500KR need help
« Reply #35 on: January 08, 2020, 04:47:22 PM »
Good morning Mr B,

Missed your comment, who is this celebrity we have???

Hollywood ???

Definitely agree with you apples and oranges

Just look at the 1967 Shelby prices compared to the 1968 Ford Shelby prices



Tony, the white '67 GT350 sold for that much because it was Ruben's car.  Celebrity ownership always raises the value of cars.  ;D


No, Ruben of course.  That was his car.

LOL. I missed this previously.  Nice.
Nothing beats a classic!

67 GT350

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Re: Found 68GT500KR need help
« Reply #36 on: January 08, 2020, 04:53:29 PM »
Be careful who you take advice from here on the forum, many are enthusiasts, few are experts, some are neither ;)

It's not difficult to figure out who's who.  ::)

Welcome to the forum Rick.

Chris

Very true and there are many that think their car is worth more than the rest. The reality is the prices have been coming down for a few years now. Don't get the BJ BUG or the Mecum MADNESS! It usually will cost more to restore it than the worth.

And I am no expert...just been an owner since 1981.
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67 GT350

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Re: Found 68GT500KR need help
« Reply #37 on: January 08, 2020, 05:02:49 PM »
I don't think its a re-body car...it can be fixed and be right. I am a little surprised that people on here are basically telling a person to ruin the value via "body replacement"
I have a friend who loves to restore cars like that, its not for me....but there are peeps out there that can slowly restore a car and who don't care about money or time....
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FL SAAC

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Re: Found 68GT500KR need help
« Reply #38 on: January 08, 2020, 05:05:45 PM »
Save us from those devils, Amen hallelujah !

Be careful who you take advice from here on the forum, many are enthusiasts, few are experts, some are neither ;)

It's not difficult to figure out who's who.  ::)

Welcome to the forum Rick.

Chris

Very true and there are many that think their car is worth more than the rest. The reality is the prices have been coming down for a few years now. Don't get the BJ BUG or the Mecum MADNESS! It usually will cost more to restore it than the worth.

And I am no expert...just been an owner since 1981.
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RickN427

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Re: Found 68GT500KR need help
« Reply #39 on: January 08, 2020, 05:11:58 PM »
I have never rebodied a restoration and have no intention of starting that. This car is not all that bad compared to some we have restored.

roddster

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Re: Found 68GT500KR need help
« Reply #40 on: January 08, 2020, 05:30:50 PM »
  Please put doing a rebody out of our minds.

67 GT350

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Re: Found 68GT500KR need help
« Reply #41 on: January 08, 2020, 06:43:18 PM »
Definitely NO RE-BODY! That car clearly does not need it.
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Tired Sheep

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Re: Found 68GT500KR need help
« Reply #42 on: January 08, 2020, 06:55:36 PM »
You can build the “restomod” car the suggested without a Shelby number, besides I dont think you can buy it for anything close to 20k

6s2020

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Re: Found 68GT500KR need help
« Reply #43 on: January 09, 2020, 04:49:35 AM »


Amount of rust in it kills it for me, find a rust free and accident free project that is mostly stock, makes for a more easy and enjoyable restoration.

Pay more at the start for a better car, and it will pay off.

Also, if you don't need to have a 68KR, a 67 GT350 will be an easier project.

Or a 66 but they are getting up there in price on projects.

JMO
I don't think its a re-body car...it can be fixed and be right. I am a little surprised that people on here are basically telling a person to ruin the value via "body replacement"
I have a friend who loves to restore cars like that, its not for me....but there are peeps out there that can slowly restore a car and who don't care about money or time....


Not sure who you mean by your comment, but to be clear i was not saying rebody , i am saying pass on it and get a better shelby project.

Would be prudent to quote who you are referring to as to avoid confusion.

Cheers


Tired Sheep

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Re: Found 68GT500KR need help
« Reply #44 on: January 09, 2020, 06:22:41 AM »
Read post 32

A little disappointing on a website that should be promoting the Shelby marque, in my humble opinion
« Last Edit: January 09, 2020, 08:38:23 AM by Tired Sheep »