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Deals and Appeals => Up For Auction => Topic started by: silverton_ford on May 05, 2021, 12:15:01 PM

Title: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: silverton_ford on May 05, 2021, 12:15:01 PM
Here is a list of the Shelby products made in 1962-1970 that go up for auction next week at Mecum Indianapolis, May 14-22, 2021

Lot #         Car                    VIN                         Link                                                                                                                                  Results (w/buyer fees) 

Thursday May 20, 2021
T261   - 1968 GT500 conv    01330 - https://www.mecum.com/lots/SC0521-479142/1968-shelby-gt500-convertible/ (https://www.mecum.com/lots/SC0521-479142/1968-shelby-gt500-convertible/)                   $  112,750.00 - SOLD

Friday May 21, 2021
F102.1 - 1969 GT500 conv   0006    - https://www.mecum.com/lots/SC0521-479109/1969-shelby-gt500-convertible/ (https://www.mecum.com/lots/SC0521-479109/1969-shelby-gt500-convertible/)                   $  280,000.00 - Bid Goes On
F103.1 - 1966 GT350           6S745  - https://www.mecum.com/lots/SC0521-479110/1966-shelby-gt350-fastback/ (https://www.mecum.com/lots/SC0521-479110/1966-shelby-gt350-fastback/)                      $  247,500.00  - Sold
F125 -  1968 GT500KR conv 02527  - https://www.mecum.com/lots/SC0521-461957/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-461957/1968-shelby-gt500kr-convertible/)                $  110,000.00 - Bid Goes On
F151 -  1965 GT350 R          5R213 - https://www.mecum.com/lots/SC0521-461933/1965-shelby-gt350r-fastback/ (https://www.mecum.com/lots/SC0521-461933/1965-shelby-gt350r-fastback/)                      $  800,000.00 - Bid Goes On
F155 -  1965 GT350             5S088 - https://www.mecum.com/lots/SC0521-479011/1965-shelby-gt350-fastback/ (https://www.mecum.com/lots/SC0521-479011/1965-shelby-gt350-fastback/)                       $  533,500.00 - Sold
F162 -  1967 Cobra S/C    CSX3042 - https://www.mecum.com/lots/SC0521-462048/1967-shelby-427-sc-cobra-roadster/ (https://www.mecum.com/lots/SC0521-462048/1967-shelby-427-sc-cobra-roadster/)             $ 2,800,000.00 - Bid Goes On
F174 -  1968 GT500KR conv 03536 - https://www.mecum.com/lots/SC0521-462006/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-462006/1968-shelby-gt500kr-convertible/)                 $  214,500.00 - Sold
F188 -  1968 GT350             01219 - https://www.mecum.com/lots/SC0521-462069/1968-shelby-gt350-fastback/ (https://www.mecum.com/lots/SC0521-462069/1968-shelby-gt350-fastback/)                       $    89,600.00 - Sold
F217 -  1968 GT500KR conv 04047 - https://www.mecum.com/lots/SC0521-462063/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-462063/1968-shelby-gt500kr-convertible/)                 $  137,500.00 - Sold

Saturday May 22, 2021
S103.1 - 1967 GT500          02680 - https://www.mecum.com/lots/SC0521-479334/1967-shelby-gt500-fastback/ (https://www.mecum.com/lots/SC0521-479334/1967-shelby-gt500-fastback/)                        $  170,500.00 - Sold
S205 - 1968 GT500KR conv 03910 - https://www.mecum.com/lots/SC0521-479052/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-479052/1968-shelby-gt500kr-convertible/)                  $  160,000.00 - Bid goes on
S255 - 1968 GT500KR         04383 - https://www.mecum.com/lots/SC0521-462351/1968-shelby-gt500kr-fastback/ (https://www.mecum.com/lots/SC0521-462351/1968-shelby-gt500kr-fastback/)                     $  150,000.00 - Bid goes on



MG3 - 1965 GT350 R          5R106 - https://www.mecum.com/lots/SC0521-478206/1965-shelby-gt350r-fastback/ (https://www.mecum.com/lots/SC0521-478206/1965-shelby-gt350r-fastback/)                       $


Not a Shelby but...... I have to include it.
F131  - 1969 Parnelli Jones 'Big Oly' Bronco  - https://www.mecum.com/lots/SC0521-461979/1969-ford-bronco-big-oly/ (https://www.mecum.com/lots/SC0521-461979/1969-ford-bronco-big-oly/)              $  1,870,000.00 - - SOLD
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 1968 on May 05, 2021, 12:39:44 PM
Wow, so many '68 GT500 and KR convertibles with 4-speeds!
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: CharlesTurner on May 05, 2021, 02:33:50 PM
Thanks for posting.

2 '65 R models has to be a very rare occurrence!
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Vernon Estes on May 05, 2021, 03:28:04 PM
Quote from: CharlesTurner on May 05, 2021, 02:33:50 PM
Thanks for posting.

2 '65 R models has to be a very rare occurrence!

One is for sale at auction while the other one is being offered in the gallery which is a fixed price display which mecum offers. Generally on cars they own.

STill, very rare to see two in one venue

Vern
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 98SVT - was 06GT on May 05, 2021, 10:34:06 PM
I remember seeing Big Oly at Stroppe's in Signal Hill in the late 70s. It wasn't that nice then. They also had a whole room full of ZF transaxles from warranty work on Panteras. We tried to buy a couple but they were due to be destroyed.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: silverton_ford on May 20, 2021, 06:12:56 PM
Thursday May 20, 2021
T261   - 1968 GT500 conv    01330 - https://www.mecum.com/lots/SC0521-479142/1968-shelby-gt500-convertible/ (https://www.mecum.com/lots/SC0521-479142/1968-shelby-gt500-convertible/)                   $  112,750.00 - SOLD
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on May 21, 2021, 08:10:34 AM
Quote from: silverton_ford on May 20, 2021, 06:12:56 PM
Thursday May 20, 2021
T261   - 1968 GT500 conv    01330 - https://www.mecum.com/lots/SC0521-479142/1968-shelby-gt500-convertible/ (https://www.mecum.com/lots/SC0521-479142/1968-shelby-gt500-convertible/)                   $  112,750.00 - SOLD
Probably would have done better on BaT after all fees were paid. Gary
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on May 21, 2021, 09:20:43 AM
The price of that car is probably realistic, considering its history as a rebuilt drag car.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: silverton_ford on May 21, 2021, 05:21:08 PM
Friday Shelbys are all done.

Friday May 21, 2021
F102.1 - 1969 GT500 conv   0006    - https://www.mecum.com/lots/SC0521-479109/1969-shelby-gt500-convertible/ (https://www.mecum.com/lots/SC0521-479109/1969-shelby-gt500-convertible/)                   $  280,000.00 - Bid Goes On
F103.1 - 1966 GT350           6S745  - https://www.mecum.com/lots/SC0521-479110/1966-shelby-gt350-fastback/ (https://www.mecum.com/lots/SC0521-479110/1966-shelby-gt350-fastback/)                      $  247,500.00  - Sold
F125 -  1968 GT500KR conv 02527  - https://www.mecum.com/lots/SC0521-461957/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-461957/1968-shelby-gt500kr-convertible/)                $  110,000.00 - Bid Goes On
F151 -  1965 GT350 R          5R213 - https://www.mecum.com/lots/SC0521-461933/1965-shelby-gt350r-fastback/ (https://www.mecum.com/lots/SC0521-461933/1965-shelby-gt350r-fastback/)                      $  800,000.00 - Bid Goes On
F155 -  1965 GT350             5S088 - https://www.mecum.com/lots/SC0521-479011/1965-shelby-gt350-fastback/ (https://www.mecum.com/lots/SC0521-479011/1965-shelby-gt350-fastback/)                       $  533,500.00 - Sold
F162 -  1967 Cobra S/C    CSX3042 - https://www.mecum.com/lots/SC0521-462048/1967-shelby-427-sc-cobra-roadster/ (https://www.mecum.com/lots/SC0521-462048/1967-shelby-427-sc-cobra-roadster/)             $ 2,800,000.00 - Bid Goes On
F174 -  1968 GT500KR conv 03536 - https://www.mecum.com/lots/SC0521-462006/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-462006/1968-shelby-gt500kr-convertible/)                 $  214,500.00 - Sold
F188 -  1968 GT350             01219 - https://www.mecum.com/lots/SC0521-462069/1968-shelby-gt350-fastback/ (https://www.mecum.com/lots/SC0521-462069/1968-shelby-gt350-fastback/)                       $    89,600.00 - Sold
F217 -  1968 GT500KR conv 04047 - https://www.mecum.com/lots/SC0521-462063/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-462063/1968-shelby-gt500kr-convertible/)                 $  137,500.00 - Sold

Not a Shelby but...... I have to include it.
F131  - 1969 Parnelli Jones 'Big Oly' Bronco  - https://www.mecum.com/lots/SC0521-461979/1969-ford-bronco-big-oly/ (https://www.mecum.com/lots/SC0521-461979/1969-ford-bronco-big-oly/)              $  1,870,000.00 - - SOLD!!
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: sfm5 on May 21, 2021, 05:49:54 PM
A bit surprised 5R213 didn't get bid above $800K? Seems a little out of step with recent '65 sales.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: gt350bp on May 21, 2021, 06:18:08 PM
Agree! $800k is well below what the market has been on the R-Models. Have to assume the car had the 32 gallon fuel tank and SW 240A in the trunk, as I didn't see any photos of the trunk. Looks strange to me to see the 66 side stripes. Sure would look good here in Port Orange, FL. Only came up 4 numbers short in last weeks Florida Lotto, so couldn't bid!

Don
gt350bp 
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Rukiddin on May 21, 2021, 06:19:31 PM
Lot# F217 Red KR conv have a "problem" ? Red 4 speeds should be more?
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: KR Convertible on May 21, 2021, 06:57:17 PM
Was a lime gold car originally.  Probably, a turn off to the concours crowd.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on May 21, 2021, 07:34:37 PM
Its probably not a silver car at SAAC, bronze on a good day
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Chad on May 21, 2021, 09:28:53 PM
Guys I hate to say it but there were no real bids on the R model. 
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on May 21, 2021, 09:55:16 PM
Cars bid up, big money, cars with no "friends" went for low money.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on May 22, 2021, 06:38:48 AM
Quite a contrast from last months experts posting on how great the prices were
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Rukiddin on May 22, 2021, 07:47:59 AM
Yes,different quality at this auction. Most I looked at were #3 ( Hagerty)condition . Missing parts,poor paint,poor sheet metal fit,etc. Driver quality=Driver price
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 68krrrr on May 22, 2021, 03:29:23 PM
I would've thought this Ford GT would've went ,for well over $1million with the light weight carbon package & only 18 miles
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: silverton_ford on May 23, 2021, 12:31:53 AM
Results from today.

Saturday May 22, 2021
S103.1 - 1967 GT500          02680 - https://www.mecum.com/lots/SC0521-479334/1967-shelby-gt500-fastback/ (https://www.mecum.com/lots/SC0521-479334/1967-shelby-gt500-fastback/)                        $  170,500.00 - Sold
S205 - 1968 GT500KR conv 03910 - https://www.mecum.com/lots/SC0521-479052/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/SC0521-479052/1968-shelby-gt500kr-convertible/)                  $  160,000.00 - Bid goes on
S255 - 1968 GT500KR         04383 - https://www.mecum.com/lots/SC0521-462351/1968-shelby-gt500kr-fastback/ (https://www.mecum.com/lots/SC0521-462351/1968-shelby-gt500kr-fastback/)                     $  150,000.00 - Bid goes on
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on May 23, 2021, 11:05:11 AM
Wow, Dana Mecum should be ashamed of himself

Did anyone see him and his cohorts dressing down customers ?

I saw one guy repeatedly call a guy bidding a quitter (the bid was over a quarter million)

Another guy was humiliated for not dropping his reserve

If this how you treat your customers, you are a jerk

Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: FL SAAC on May 23, 2021, 11:11:46 AM
it's called "theater".....


Quote from: Tired Sheep on May 23, 2021, 11:05:11 AM
Wow, Dana Mecum should be ashamed of himself

Did anyone see him and his cohorts dressing down customers ?

I saw one guy repeatedly call a guy bidding a quitter (the bid was over a quarter million)

Another guy was humiliated for not dropping his reserve

If this how you treat your customers, you are a jerk
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: sfm5 on May 23, 2021, 11:23:44 AM
Quote from: Tired Sheep on May 23, 2021, 11:05:11 AM
Wow, Dana Mecum should be ashamed of himself

Did anyone see him and his cohorts dressing down customers ?

I saw one guy repeatedly call a guy bidding a quitter (the bid was over a quarter million)

Another guy was humiliated for not dropping his reserve

If this how you treat your customers, you are a jerk

Watching Friday & Saturday afternoon, other auction house shenanigans were also on full display. Like the auctioneer stopping and looking (awkwardly) over to the side for direction before proceeding to hammer on a low bid, etc. It seems unless your car is a "main attraction" or you are a close buddy of the guy running the auction, these auction venues are no longer a very viable place to sell your car.

Bring a Trailer is increasingly looking like a better option!
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Rukiddin on May 23, 2021, 11:59:57 AM
Commonly called "the second oldest profession" amongst those that are familiar with auction houses. With the increase in phone/internet bidding it becomes very difficult to police. "Invisible" bidders is a good time to look elsewhere.........
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 427heaven on May 23, 2021, 12:10:56 PM
I totally agree with you on that. The FAT - SWEATY- BESPITTLED son, you know the one that speaks with a constant spray coming from his mouth. When they see a guy with genuine enthusiasm, he seems to constantly get out bid from a phone bidder, I call BS to that on many occasions, they are experts in watching people and getting a READ on them! Sad really. :-[
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on May 23, 2021, 05:29:56 PM
Quote from: sfm5 on May 23, 2021, 11:23:44 AM
Quote from: Tired Sheep on May 23, 2021, 11:05:11 AM
Wow, Dana Mecum should be ashamed of himself

Did anyone see him and his cohorts dressing down customers ?

I saw one guy repeatedly call a guy bidding a quitter (the bid was over a quarter million)

Another guy was humiliated for not dropping his reserve

If this how you treat your customers, you are a jerk

Watching Friday & Saturday afternoon, other auction house shenanigans were also on full display. Like the auctioneer stopping and looking (awkwardly) over to the side for direction before proceeding to hammer on a low bid, etc. It seems unless your car is a "main attraction" or you are a close buddy of the guy running the auction, these auction venues are no longer a very viable place to sell your car.

Bring a Trailer is increasingly looking like a better option!

Hence I think SAAC is the best place to sell your car, with all information is.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on May 24, 2021, 07:16:13 AM
Not everyone belongs to this SAAC forum who wants to buy a Shelby or may even know it exists. I am a fan of BaT in that if you got a bogus car or a car with serious issues in most cases after a 7 day auction the car will be vetted out. Ditto if you got a good honest car. Prospective buyers have days to read, ask questions and decide what they are willing to spend-not seconds. The buyer pays a 5 percent commission up to 5K. Seller 99 bucks unless they want professional photos or longer auction. A no-brainer in my book is to sell on BaT over the logistics alone to bring a car to auction. You have time as a buyer to have an expert go over a car for you assuming you don't find the car at the end of an auction. Some of the 6 and 7 figure sales on BaT suggest that is the place to sell. Oh, I'm sure some cars have had shill bids put on them by friends but no different than at a live auction where the auction house or a buddy could bid a car up to it's reserve. Gary
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Steve Z on May 24, 2021, 06:50:37 PM
     We may want to start another topic in regards to Mecum ? But I took my BOSS 9 to the auction this year in Indy. I discussed the position that I would want to be in , which was Saturday Afternoon on the May 22nd. They agreed and sent the paperwork work to sign. This was 2 months before the auction. The line up comes out out and I am 9th from the end on Saturday.
      I call them and email them and say I am pulling my car from the auction. They say that there will be a fine and they are getting calls on my car and thier will be bidders there to bid on on my car. And of course there  contract has a penalty clause if you don't show. I reluctantly go to the auction and and it doesn't bring the reserve. They come and ask me if I will lower the reserve $ 75000 and I say hell NO . I got a minute of auction time while restomods got 3 to 4 minutes. They were ready to pack up leave at that point. No one cares snd I end up with a No Sale on my car.
    There are to so many Mecum auctions and there is only the auction house getting rich. Just my 2 cents .
     
Thanks Steve
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Rukiddin on May 24, 2021, 07:44:56 PM
Sounds like the "Mecum Mafia" at work. Would you be willing to share your costs for a "no sale". I had considered offering one of my cars,but luckily changed my mind... I had to consider all the risks/costs. Thanks for any insight!
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on May 25, 2021, 05:21:13 AM
Quote from: Steve Z on May 24, 2021, 06:50:37 PM
     We may want to start another topic in regards to Mecum ? But I took my BOSS 9 to the auction this year in Indy. I discussed the position that I would want to be in , which was Saturday Afternoon on the May 22nd. They agreed and sent the paperwork work to sign. This was 2 months before the auction. The line up comes out out and I am 9th from the end on Saturday.
      I call them and email them and say I am pulling my car from the auction. They say that there will be a fine and they are getting calls on my car and thier will be bidders there to bid on on my car. And of course there  contract has a penalty clause if you don't show. I reluctantly go to the auction and and it doesn't bring the reserve. They come and ask me if I will lower the reserve $ 75000 and I say hell NO . I got a minute of auction time while restomods got 3 to 4 minutes. They were ready to pack up leave at that point. No one cares snd I end up with a No Sale on my car.
    There are to so many Mecum auctions and there is only the auction house getting rich. Just my 2 cents .
     
Thanks Steve
I'd love to see this car on BaT. What do you have to lose? 99 bucks.  Far less I bet than Mecum. I saw one of these in Ed Meyer's shop(brother's barn) in March 2013. I thought he said it was one of 2 made(he also had a CC 70 in there also). Sister car to this one?  Gary
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Special Ed on May 25, 2021, 07:57:18 AM
We had the other 1 of 2 rare 70 pastel / white boss 429 in our shop for a while until a texas man bought it to match his 70 pastel b2.I was originally going to stay sat at mecum to help steve sell his car until they moved it till the LATE saturday night ending. I think mecum moved his sat afternoon  car to late saturday night to try and get bidders to stay late and did that without asking steve first BUT why did they pick his car and why does a 69 mach 1 remain a feature car and this RARE boss 429 not? I had a buyer call me thinking they pulled his car because he couldnt find it until i told him its now at the end of the auction. I left mecum friday night then to go to IN. saac meet to help out saturday show of which we had a great turnout of cars and spectators (i think 170 or so cars showed up including Rex Myers 1966 AM GT40).
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Steve Z on May 25, 2021, 06:51:03 PM
      Ed, I am not sure what Mecums thinking was on the whole deal. I argued with and threatened to pull the car , because my thought be being that late and No Sale would not be good for the car. Anyway the car is back home and I appreciate all the help that you and Nate have given me. 
        Thanks Steve
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on May 25, 2021, 07:49:09 PM
Quote
      Ed, I am not sure what Mecums thinking was on the whole deal.

Separating you from as much money as possible?

Ever notice how quickly cars sell after the reserve is dropped? Usually the next bidder with a quick hammer.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 98SVT - was 06GT on May 25, 2021, 08:08:06 PM
Quote from: Tired Sheep on May 25, 2021, 07:49:09 PMEver notice how quickly cars sell after the reserve is dropped? Usually the next bidder with a quick hammer.
Sure they have already made the bulk of their money. Why drag it out for another minute for only a couple hundred bucks in their pocket?
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: whiteykr on May 29, 2021, 08:12:09 PM
5R106,
The price quoted me was $1.5 mil.
I asked who owned it,Dana Mecum? No answer.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: PrettyMuchAShelbyGuy on May 29, 2021, 09:05:21 PM
I'm sure $1.5 million is his reserve and he would not lower it...no matter how much people pestered him.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on May 29, 2021, 10:25:12 PM
I really hope that you guys realize this is not good for the car hobby. No mater what brand.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: PrettyMuchAShelbyGuy on May 30, 2021, 12:50:22 AM
You sir, are absolutely right. In the 70s a 67 Shelby in decent shape was ~$2500 bucks. When I finally decided I wanted one in the mid 90s it was ~$25,000. Sure I could do it, no big deal. I bought one but questioned my sanity.  I could still do it now at what they sell for but it's ridiculous, so I won't.  Decided I would go a different direction.  It just takes the fun out of it, I'm sure the appreciation is good for the guys that kept their cars long term, but the reality is dad's can't work on cars with their sons now, they're just too expensive for the average "Joe".  Even run-of-the-mill stuff is super expense. I feel bad for the dad's that want to do something with a car with their children. It's stratospheric now.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: CharlesTurner on May 30, 2021, 10:11:00 AM
Quote from: PrettyMuchAShelbyGuy on May 30, 2021, 12:50:22 AM
You sir, are absolutely right. In the 70s a 67 Shelby in decent shape was ~$2500 bucks. When I finally decided I wanted one in the mid 90s it was ~$25,000. Sure I could do it, no big deal. I bought one but questioned my sanity.  I could still do it now at what they sell for but it's ridiculous, so I won't.  Decided I would go a different direction.  It just takes the fun out of it, I'm sure the appreciation is good for the guys that kept their cars long term, but the reality is dad's can't work on cars with their sons now, they're just too expensive for the average "Joe".  Even run-of-the-mill stuff is super expense. I feel bad for the dad's that want to do something with a car with their children. It's stratospheric now.

Mustangs were cheap cars back in the day, which is why they became projects for many folks.  There are plenty other cars that are cheap like Mustangs were today.  I don't really see the logic in this.  Buy what you can afford and have fun with it, there are many other options. 
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: sfm5 on May 30, 2021, 10:30:46 AM
You can still buy decent 1st generation fastback project cars for 15K-25K, and parts are plentiful and affordable for these cars since there were so many produced. Look at all the companies producing aftermarket parts just for 1st gen Mustangs alone. No doubt, Shelbys and other variants that represent to top of the food chain have become very expensive, out of reach for most back yard mechanics that didn't get into these cars early and hang onto them. Plenty of affordable classics out there to wrench on.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 427heaven on May 30, 2021, 12:42:23 PM
Been shopping lately? Its good for all involved in the business, or hobby! Prices are up on everything , not that I like it but its the way of the world. Prices for homes in the 70s were around 30 k for a 3 bed 2 bath, now a million dollars unless your in the back 40,  SHELBYS back then 2500... Now 200k. People jump in and off the collector train at different times, another FACT of life. A friend just turned down 35 million dollars for an early 60s FERRARI, I dont hate... I congratulate! Where is all this going? Who cares... jump in it and drive them, race them, enjoy them, the clock is ticking. ;)
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: whiteykr on May 31, 2021, 01:54:21 AM
I gave the price on 5R106 because it was the only car listed without a number. I was at the auction  and decided to get the price to share with the SAAC. No intent on invoking negative reaction. I always say to the people that know me. If you want a show car ,build it especially if you have the means. If you have a driver ,drive and enjoy it. And if you intend on owning  your car forever or a long time ,make it the way you want. You are the only one the car has to satisfy. If you intend on selling the car the best is to put as close to factory as possible.Others may differ. I don't care if the car is a 65 hardtop or a 65 Shelby as long as they are nice condition. I can talk with the owner all day.As far as prices, there are deals but be ready with the cash to buy.
Hope this clears up things. I am on SAAC to learn and help people with cars like mine.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on June 01, 2021, 05:39:14 AM
With these cars going up and up in value who profits the most? INSURANCE companies! I have no desire to ever sell my 70 GT350 vert  but watched my insurance premiums go up and up. I used to cancel collision with Hagerty for the winter months and they would fight me and say my premiums are based in that I wouldn't be driving it year round. After comparing my premiums with those in year round climates I call BS on that. So a year and a half ago I dropped my collision on my Shelby and Hagerty said their policy was it had to be off the road for a year if I did. So I did and Covid hit so it has been off the road. If they were not going to insure it before a year was up I was going to change carriers. My insurance rant is over. Gary
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on June 01, 2021, 08:50:12 AM
Quote from: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Thank you. Have you ever had a claim? With Hagerty they are pretty stand up on their claims. I had had 3 "weird" claims they paid out on over the years. Gary
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on June 01, 2021, 10:19:22 AM
Quote from: shelbymann1970 on June 01, 2021, 08:50:12 AM
Quote from: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Thank you. Have you ever had a claim? With Hagerty they are pretty stand up on their claims. I had had 3 "weird" claims they paid out on over the years. Gary

No, never a claim, but it seems reasonable to me. When I call, I will get a live person and there is a number on the prompt for filing a claim. All the girls I have talked with seem good, and it just seems easier.
My friend who has a 65 GT350 just insured his and he called Hagerty, his quote was a lot, and he called American Collector and saved a lot.
Insurance is one of those thing that you can pay and pay and never need.
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on June 01, 2021, 10:26:04 AM
Quote from: 67 GT350 on June 01, 2021, 10:19:22 AM
Quote from: shelbymann1970 on June 01, 2021, 08:50:12 AM
Quote from: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Thank you. Have you ever had a claim? With Hagerty they are pretty stand up on their claims. I had had 3 "weird" claims they paid out on over the years. Gary

No, never a claim, but it seems reasonable to me. When I call, I will get a live person and there is a number on the prompt for filing a claim. All the girls I have talked with seem good, and it just seems easier.
My friend who has a 65 GT350 just insured his and he called Hagerty, his quote was a lot, and he called American Collector and saved a lot.
Insurance is one of those thing that you can pay and pay and never need.
My bro once said "what a business, you give them a boatload of money and they give you a piece of paper and you hope if you ever need it the piece of paper will be good". Thank my policy is up on July first and Hagerty is already sending me a lot of Emails saying my payment is due. Well no it isn't .It is due by July 1 when my renewal is. Gary
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on June 01, 2021, 10:44:04 AM
I had them for 20 plus years

Shopped around and saved about 30%

Im with another specialty company now
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on June 01, 2021, 10:47:18 AM
Quote from: shelbymann1970 on June 01, 2021, 10:26:04 AM
Quote from: 67 GT350 on June 01, 2021, 10:19:22 AM
Quote from: shelbymann1970 on June 01, 2021, 08:50:12 AM
Quote from: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Thank you. Have you ever had a claim? With Hagerty they are pretty stand up on their claims. I had had 3 "weird" claims they paid out on over the years. Gary

No, never a claim, but it seems reasonable to me. When I call, I will get a live person and there is a number on the prompt for filing a claim. All the girls I have talked with seem good, and it just seems easier.
My friend who has a 65 GT350 just insured his and he called Hagerty, his quote was a lot, and he called American Collector and saved a lot.
Insurance is one of those thing that you can pay and pay and never need.
My bro once said "what a business, you give them a boatload of money and they give you a piece of paper and you hope if you ever need it the piece of paper will be good". Thank my policy is up on July first and Hagerty is already sending me a lot of Emails saying my payment is due. Well no it isn't .It is due by July 1 when my renewal is. Gary

I am not connected with any INS company, I am not a fan of them. One hopes that it will work when you need it.

On the everyday side of car ins. We are insured through Nationwide, I have been with them for over 35 years. We moved, signed up with them, and they gave us these things that you plug into the computer port, to which we thought OK we can do that for 4 months, which is what we were told. I like to put my cars of a tender when not driving them, as of now NONE will charge up with the tender, because of that gizmo. I have had a few dead cars because of that, thus I have to start them and drive them a little....I have a 2002 Thunderbird, a 2014 FJ Cruiser and I have to watch them or they will go dead. The other cars we drive so there is no issue. When the 4 months came up, they said it was to go 6 months so here we are, "the water just got a little hotter." Anyway when I told them that I was getting dead batteries due to not being able to charge them, you would have thought I was speaking a different language. They simply did not understand what I was telling them. They got until July and we are going to proclaim our freedom from stupid plug in monitors!
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: Tired Sheep on June 01, 2021, 11:20:35 AM
No way would I ever sellout my driving info for a cheaper rate

They will only use it against you
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: JD on June 01, 2021, 11:28:23 AM
Quote from: Tired Sheep on June 01, 2021, 11:20:35 AM
No way would I ever sellout my driving info for a cheaper rate

They will be nly use it against you

+1
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: TOBKOB on June 02, 2021, 08:57:43 AM
I have 6 cars insured with Hagerty, no claims, and I feel like I pay a reasonable price. I always get a live person ( always very pleasant )to speak with when I have a question.

TOB
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: shelbymann1970 on June 02, 2021, 09:27:31 AM
Quote from: TOBKOB on June 02, 2021, 08:57:43 AM
I have 6 cars insured with Hagerty, no claims, and I feel like I pay a reasonable price. I always get a live person ( always very pleasant )to speak with when I have a question.

TOB
Well after talking to someone at American classic insurance my rate would be 1170(which includes towing and labor care gold which I do not think I need) and Hagerty is 1544. I can cancel my collision at anytime(comp only) and reinstate it at anytime. Hagerty's policy is if you cancel your collision it must be for a min of 1 year. I had a lot of hassles over the years knocking down my collision with Hagery as my cars do not leave the garage from Nov-April usually. Their latest policy when I knocked my collision off my Shelby was 1 year min in Oct 2019 but kept if off the road since then. I have had Hagerty for over 20 years now. 3 claims that were paid to a high standard. I like Hagerty but the savings is about 25 percent with ACI. Any thoughts?
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: FL SAAC on June 02, 2021, 05:40:26 PM
Quote from: 67 GT350 on June 01, 2021, 10:47:18 AM
Quote from: shelbymann1970 on June 01, 2021, 10:26:04 AM
Quote from: 67 GT350 on June 01, 2021, 10:19:22 AM
Quote from: shelbymann1970 on June 01, 2021, 08:50:12 AM
Quote from: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Thank you. Have you ever had a claim? With Hagerty they are pretty stand up on their claims. I had had 3 "weird" claims they paid out on over the years. Gary

No, never a claim, but it seems reasonable to me. When I call, I will get a live person and there is a number on the prompt for filing a claim. All the girls I have talked with seem good, and it just seems easier.
My friend who has a 65 GT350 just insured his and he called Hagerty, his quote was a lot, and he called American Collector and saved a lot.
Insurance is one of those thing that you can pay and pay and never need.
My bro once said "what a business, you give them a boatload of money and they give you a piece of paper and you hope if you ever need it the piece of paper will be good". Thank my policy is up on July first and Hagerty is already sending me a lot of Emails saying my payment is due. Well no it isn't .It is due by July 1 when my renewal is. Gary

I am not connected with any INS company, I am not a fan of them. One hopes that it will work when you need it.

On the everyday side of car ins. We are insured through Nationwide, I have been with them for over 35 years. We moved, signed up with them, and they gave us these things that you plug into the computer port, to which we thought OK we can do that for 4 months, which is what we were told. I like to put my cars of a tender when not driving them, as of now NONE will charge up with the tender, because of that gizmo. I have had a few dead cars because of that, thus I have to start them and drive them a little....I have a 2002 Thunderbird, a 2014 FJ Cruiser and I have to watch them or they will go dead. The other cars we drive so there is no issue. When the 4 months came up, they said it was to go 6 months so here we are, "the water just got a little hotter." Anyway when I told them that I was getting dead batteries due to not being able to charge them, you would have thought I was speaking a different language. They simply did not understand what I was telling them. They got until July and we are going to proclaim our freedom from stupid plug in monitors!

those monitors you installed on your vehicles track every time you start and stop, where you went,  how fast you went, any sudden stops or acceleration, how long you where at your stops.....no bueno !
Title: Re: Mecum - Indianapolis 2021 - SHELBY Products 1962-1970
Post by: 67 GT350 on June 02, 2021, 11:25:11 PM
Quote from: FL SAAC on June 02, 2021, 05:40:26 PM
Quote from: 67 GT350 on June 01, 2021, 10:47:18 AM
Quote from: shelbymann1970 on June 01, 2021, 10:26:04 AM
Quote from: 67 GT350 on June 01, 2021, 10:19:22 AM
Quote from: shelbymann1970 on June 01, 2021, 08:50:12 AM
Quote from: 67 GT350 on June 01, 2021, 08:28:14 AM
Hagerty is high, switch your cars to American Classic Insurance.....been there now for years and they are much less money.
Thank you. Have you ever had a claim? With Hagerty they are pretty stand up on their claims. I had had 3 "weird" claims they paid out on over the years. Gary

No, never a claim, but it seems reasonable to me. When I call, I will get a live person and there is a number on the prompt for filing a claim. All the girls I have talked with seem good, and it just seems easier.
My friend who has a 65 GT350 just insured his and he called Hagerty, his quote was a lot, and he called American Collector and saved a lot.
Insurance is one of those thing that you can pay and pay and never need.
My bro once said "what a business, you give them a boatload of money and they give you a piece of paper and you hope if you ever need it the piece of paper will be good". Thank my policy is up on July first and Hagerty is already sending me a lot of Emails saying my payment is due. Well no it isn't .It is due by July 1 when my renewal is. Gary

I am not connected with any INS company, I am not a fan of them. One hopes that it will work when you need it.

On the everyday side of car ins. We are insured through Nationwide, I have been with them for over 35 years. We moved, signed up with them, and they gave us these things that you plug into the computer port, to which we thought OK we can do that for 4 months, which is what we were told. I like to put my cars of a tender when not driving them, as of now NONE will charge up with the tender, because of that gizmo. I have had a few dead cars because of that, thus I have to start them and drive them a little....I have a 2002 Thunderbird, a 2014 FJ Cruiser and I have to watch them or they will go dead. The other cars we drive so there is no issue. When the 4 months came up, they said it was to go 6 months so here we are, "the water just got a little hotter." Anyway when I told them that I was getting dead batteries due to not being able to charge them, you would have thought I was speaking a different language. They simply did not understand what I was telling them. They got until July and we are going to proclaim our freedom from stupid plug in monitors!

those monitors you installed on your vehicles track every time you start and stop, where you went,  how fast you went, any sudden stops or acceleration, how long you where at your stops.....no bueno !

We were told that it only measures fast acceleration and hard braking, so far we are saving 30 to 40% because we are good drivers, it also measures if you are out late night, which we are not. So far so good. It is only until July. 6 months.