SAAC Forum

This is actually a funny post.... 

I am not a newbie...

Looking for a good original Shelby intake that hasn't been repaired, ported, cracked and threads are good.  Thank you for your time.

My email is gscommunications.greg@aol.com; text 304-208-0781

bmp

Remember, to good to be true usually is! 

  Think of it this way...  Your a young "buck" eager to learn which is where we all should be.  Never stop and always be a "Newbie", when you don't, you get old and dead!

It didn't meet the reserve.  I spoke with the owner he said that the car was from the Northeast and he had it restored.  It had rust and some of the sheet metal had to be replaced but it appears to be a nice car.  I know he wanted more but the $305K not including the auction fee IMHO is a fair price.

1078 before I put in my trailer when we rescued it from a 30+ year nap.

Quote from: capecodmustang.com on January 27, 2018, 03:47:06 PM
I have to agree with Greg on some of the auction prices...
They're hard to figure out....

But overall all they're inflated in most cases..

IMHO....

Value of someone's property is a very sensitive subject....
Chances are you'll hurt someone's pride sooner or later....

+1

Quote from: shelbydoug on January 27, 2018, 11:16:09 AM
Yikes. Value? Well, they are worth what you can get for them on the day you go to sell it so really the significance of value is what you will get from your insurance company in the event of a total loss.

If for instance you purchase the car at BJ auction, you are going to have receipts. Receipts that you are going to show your insurance agent what it costs as a representation of value or maybe what replacement value is.

So that kind of makes all the other discussions of your tire kicker friends, dealers, brokers, etc, kind of irrelevant? You have established a MINIMUM value for THAT car and everyone else can basically go piss off.

Be careful on the wording of your policy though. Although you may think that you have an agreed value of the car, some companies will give it to their legal division and attempt to get you to agree to accept a substitute car of equal value. If they can do that, that's some trick?

Listen, they don't hire pencil neck nerds to work 24/7 for them at the risk of being deported as a penalty for settling on too much for nothing.

You are not "In good hands". More like a hand job if you don't pay attention.

You simply are going to have many people telling you that you over paid, it isn't worth that, it isn't worth more then my 69 Chevelle, Hemi Road Runner, etc. That is what is basically called hearsay evidence and means something, but probably not much.

Great comment, your are absolutely correct!!

This discussion is interesting because if the Hagerty valuation is that far off and nice original 66's are being sold under $95K (which is not what I have personnally seen for nice original cars), then what are 65's truely worth....? 

BTW... the 6970 mile, automatic, green, 66 shelby at Mecum just sold for $275K and the SFM1293 sold for $148,500.  The 65 at Barrett Jackson sold for $325K.

Quote from: capecodmustang.com on January 25, 2018, 06:21:26 PM
And just to confuse everyone...

I sold three 66's last year for under 95K........

I bet they weren't cars that had their original, born with drive train, rust free and 4 speed cars.  If they were, then someone got a smokin deal.

IMO right now the 66's are the best "value for money" cars because the 65's will naturally pull them up.  Its not unreasonable for 66's to be priced in the $200K range as some prices that people are asking for 65's are North of $400K.  I'm not saying that "non-provenance, non-original drivetrain" 65 or 66's are selling at those levels, but we witnessed the same thing in the 427 vs 289 cobra's.  If the 65's are predicted to go north of $500k  then the 66's will be pushed to north of $300K.

Quote from: Ldouble619 on January 21, 2018, 09:14:37 PM
non-driver for 140-150k?  IDK about that.  You can buy a nice driver+ all day long around 120-130k.

Just look at past auctions and car listed for sale.


Here is one at 129k

https://www.hemmings.com/classifieds/dealer/shelby/gt350/1971588.html

My evaluation is for one that is complete and original but not a driver due to it sitting for many years (this is not a basket case car, just a car that sat in someones garage).  You can find cars for less $ but most are automatics or coverted to manual and very little is original.  Try to find one that is all original from hood, and air cleaner to oil pan, bumper to bumper with original sheet metal.  It is very, very hard and worth $140 to $150K as you would pay $15K + for just the original date coded parts. 

Looks like the top ones are the new ones

Here is a picture of the non restored 6000 mile car recently sold at Mecum

Its number is 6S2086

I really depends (I know a generic statment).  If you look at the current private market, 65's are worth about $300K.  There are quite a few 65's that are priced at $450-$500K, but most of them don't sell.  I see the 66's in two markets, the Hertz and non-Hertz.  Since yours is not a Hertz car lets focus on "general sale" cars.  For a restored car I've seen 66's in the $180-$200K range and ones that need a lot of help as low as $90K.  Cars with their original engines will always command a higher price.

I will take a stab at the value....

A 66 shelby with the original engine and Al manual trans in non-driveable condition and all there $140-150K
A 66 Shelby with the original engine, Al manual trans in driver condition $160-$175K
Restored 66 with the original engine, Al manual trans $190-$200K

If yours needs a lot of help not original and not running but complete $100K
If yours is missing a lot of parts, rough condition and not running $90K

All this is my humble opinion and what I have seen....