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Last first gen GT350 up for auction

Started by Mikelj5S230, February 09, 2024, 08:36:41 PM

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Vernon Estes

#60
Quote from: shelbymann1970 on February 20, 2024, 10:00:02 AM
Quote from: csx289 on February 20, 2024, 09:41:20 AM
I will not comment on the current $263k bid or what the car is or is not. That train is on autopilot  :D

I will comment that I am surprised that nobody on BaT (or here) has researched the BaT seller. His history with the Cunningham LeMans Corvette, Key Bank and NextGear financial judging by a simple Google search and what was published in many articles in Sports Car Market by Legal Files columnist John Draneas is interesting reading.

Certainly I'd suggest the winning bidder, if there is one, complete this transaction with a trusted escrow service. Which, is good advice with any high dollar car from an unknown seller, right?

Attached is a screenshot from one of the SCM articles. Also, since the seller owned this GT350 prior to these proceedings, was it declared as an asset? If not would the creditors have a claim to the car or sale proceeds? I'm not an attorney but it seems maybe that's a question one would ask.

Should be a fascinating and entertaining conclusion in any event!
I'm impressed you found out so much. I see the seller. A private seller so how did you find out who he was? Dealers are easy for the most part. Kudos on your sleuthing.

Lots of us have plenty to say on the subject.

No interest in wasting time on BaT trying to educate the sheep though.  Been there, done that..not worth the grief.

Best of luck to the winning bidder. Life is all about the journey..Hope his/hers is a smooth journey from here on out.

Junk dealer and the oldest young guy you will ever know.

shelbymann1970

Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)

Coralsnake

Like the guy said "I don't know why everyone is discussing the tag?"

Ah, because the seller said it was not original?

😳
The original Influencer, check out www.thecoralsnake.com

shelbymann1970

So I will ask this: IS THIS THE LAST 1966 SHELBY FASTBACK BUILT IN 1966? THE ABSOLUTE LAST? IS IT DOCUMENTED WITH SA RECORDS? Thanks as I'm tired of hearing that BaT wouldn't say it if it wasn't true.
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)

CharlesTurner

Quote from: shelbymann1970 on February 20, 2024, 12:22:50 PM
So I will ask this: IS THIS THE LAST 1966 SHELBY FASTBACK BUILT IN 1966? THE ABSOLUTE LAST? IS IT DOCUMENTED WITH SA RECORDS? Thanks as I'm tired of hearing that BaT wouldn't say it if it wasn't true.

Howard is probably the only one that could answer that question.  Not sure if he has the production data broken down for '66 like they have for '65. 

Charles Turner
MCA/SAAC Judge

shelbymann1970

Quote from: CharlesTurner on February 20, 2024, 12:30:53 PM
Quote from: shelbymann1970 on February 20, 2024, 12:22:50 PM
So I will ask this: IS THIS THE LAST 1966 SHELBY FASTBACK BUILT IN 1966? THE ABSOLUTE LAST? IS IT DOCUMENTED WITH SA RECORDS? Thanks as I'm tired of hearing that BaT wouldn't say it if it wasn't true.

Howard is probably the only one that could answer that question.  Not sure if he has the production data broken down for '66 like they have for '65.
Of course the reason I'm asking is because BaT is stating it in their header. If it isn't true I wonder if it could be repercussions to BaT? Obviously the price reflects the "last" factor but in what way(s)?
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)

capecodmustang.com

$263,000

"Reserve Not Met"

Explains a few things

Bill Collins

Enthusiast since 1965, SAAC charter member since 1975 and Regional Rep since 1985, GT350 Owner since 1971, 289 Cobra owner 1979-2016, Ford GT owner 2006 - 2017

FL SAAC

"FINITO" this valuable specimen is a no sale....
Living RENT FREE in your minds

All Time Post Count King !

Home of the "Amazing Hertz 3 + 1 Musketeers"

FL SAAC Simply the Best, much Better than ALL the Rest.

I have all UNGOLD cars

I am certainly not a Shelby Expert


CharlesTurner

Charles Turner
MCA/SAAC Judge

Coralsnake

The original Influencer, check out www.thecoralsnake.com

Mikelj5S230

Just like a Mecum auction with a reserve, the chandelier makes lots of bids......to see if real money will jump in and get taken for a ride.....
Formerly known as CorvetteMike.

Mikelj5S230

And now BaT is removing anyone's comments, and there are many, who called this out for what it was. And lecturing us on how good they are, really?
Formerly known as CorvetteMike.

shelbymann1970

I just got back to my desk. WTH? What I mean is knowing friends who got beat up by BaT to try and put low reserves on their cars BaT has a over 263K reserve on this car? Something doesn't add up as has been mentioned.
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)