Author Topic: 1970 Shelby GT500 Project  (Read 6223 times)

CharlesTurner

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Re: 1970 Shelby GT500 Project
« Reply #15 on: June 24, 2020, 10:40:37 AM »
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
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2112

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Re: 1970 Shelby GT500 Project
« Reply #16 on: June 24, 2020, 12:27:36 PM »
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

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Re: 1970 Shelby GT500 Project
« Reply #17 on: June 24, 2020, 12:44:53 PM »
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?
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Greg

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Re: 1970 Shelby GT500 Project
« Reply #18 on: June 24, 2020, 01:04:40 PM »
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  :)
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Bigblock

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Re: 1970 Shelby GT500 Project
« Reply #19 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?

Coralsnake

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Re: 1970 Shelby GT500 Project
« Reply #20 on: June 24, 2020, 02:19:53 PM »
Entire metal VIN plate was swapped out

Bob Gaines

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Re: 1970 Shelby GT500 Project
« Reply #21 on: June 24, 2020, 02:21:04 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

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Re: 1970 Shelby GT500 Project
« Reply #22 on: June 24, 2020, 07:34:34 PM »
It looks like it was just found, flipped, and now being flipped again based on some instagram posts.

Bigfoot

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Re: 1970 Shelby GT500 Project
« Reply #23 on: June 24, 2020, 09:07:04 PM »
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.
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FL SAAC

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Re: 1970 Shelby GT500 Project
« Reply #24 on: June 24, 2020, 09:46:08 PM »
Hopefully someone will purchase it , re vin it and another one is saved
« Last Edit: June 24, 2020, 09:50:12 PM by FL SAAC »
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Dan353

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Re: 1970 Shelby GT500 Project
« Reply #25 on: June 25, 2020, 06:41:51 AM »
Is this the same car that is listed in cars for sale on the forum
« Last Edit: June 25, 2020, 06:43:24 AM by Dan353 »

Greg

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Re: 1970 Shelby GT500 Project
« Reply #26 on: June 25, 2020, 07:23:01 AM »
Is this the same car that is listed in cars for sale on the forum

Yes
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FL SAAC

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Re: 1970 Shelby GT500 Project
« Reply #27 on: June 25, 2020, 07:37:27 AM »
Indeed but he graciously gives us a $2,500 discount vs the ebayers

Is this the same car that is listed in cars for sale on the forum
Living RENT FREE in your minds...

Home of the Hertz Musketeers 

A person without a sense of humor is like a wagon without springs.  It's jolted by every pebble on the road

I have all UNGOLD cars

I am certainly not a Shelby Expert

Life is short B happy

Greg

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Re: 1970 Shelby GT500 Project
« Reply #28 on: June 25, 2020, 08:03:33 AM »
Indeed but he graciously gives us a $2,500 discount vs the ebayers

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. 
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FL SAAC

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Re: 1970 Shelby GT500 Project
« Reply #29 on: June 25, 2020, 08:32:01 AM »
Probably can be negotiated into the deal for under 28.5

Everyday you sit on inventory it costs you money

Be happy !

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

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...

Home of the Hertz Musketeers 

A person without a sense of humor is like a wagon without springs.  It's jolted by every pebble on the road

I have all UNGOLD cars

I am certainly not a Shelby Expert

Life is short B happy