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Deals and Appeals => Up For Auction => Topic started by: 6s1640 on February 03, 2024, 03:25:32 AM

Title: 1967 GT500 - 67400F5A03116
Post by: 6s1640 on February 03, 2024, 03:25:32 AM
Looks like a missing in action car.

https://www.ebay.com/itm/335240264191?hash=item4e0de079ff:g:0q4AAOSwBABlsZDp&amdata=enc%3AAQAIAAABIHgP%2FE%2BipnIIZ2SPpHW1J1UWBxGZ7r1kaEVZMng%2BI38YP6OyojQwFsm3EzKaX8DaOEvQuHrblc4Tq9cVpYrx816ZTY%2BLyX%2FRHLyJwdYZ20ORYLhMYYS8oUq%2BEow9A4BezqK4VYxM0ULQBkN5S23G1ngEaZXfp9mi5mLJYGhALlYMSYHw72IdQk7Q3DIaW9y2E2CSXtCqCVAOfP%2FDnHn%2F4j0mh8%2Fv%2FQ3iSyIydXv8F9lriYWgoOwzT3gUOkbfS%2FfO4iHuETggadEndaR7GmpvU8zKxQfwOL7YjxqSO9F%2Bx07kr7ZbusA1MIugMpmd023ezmzRLM26hhjM29yf%2F1o%2B1Kvrpq28R2IASo76DRDvSmK7uVYVlJVa9dVmElneFlFdKw%3D%3D%7Ctkp%3ABk9SR5ielOCtYw

Cory

Description:

Sat in a garage in Chicago area since 1976 and hasn't been driven since 1974.

The original Ford VIN number was verified as 7R02Q213641 (stamped in the driver side fender apron) and as such was built at the San Jose plant. Shelby VIN numbers are stamped on the passenger side inner
fender. The Shelby number which the car's paperwork is registered with (this is normal) is 67400F5A03116. I drilled out one rivet on the fender plate to verify the Shelby ID (per instruction from Marcus Angel).  The odometer mileage on the dash reads as 30,427 and is believed to be original since the car was originally titled in the
owner's name in 1976 and window sticker in the dash shows registration sticker of 1974. Its my understanding from the current family that the car was stored and not driven since this approximate time frame. This Shelby was originally sold thru Jack Loftus Ford in Hinsdale IL and was a later production Shelby having been released from Ford production in late June of 1967.

The engine itself is partially disassembled. The intake has been removed and the original parts were found in the trunk along with replacement lifters, push-rods, rocker arms and gaskets that appear to be intended for re-assembly. Radiator looks like it has been re-cored. Engine rolls over freely when turning the crankshaft with a 1/2" ratchet and socket on the front crank bolt. Alternator and power steering pump are laying on the front frame rails and still connected to the hoses and wiring. Many of the original parts are still with the car. The original rocker arms and push-rods were wrapped in newspaper dated 1977. There is an aftermarket coil and bracket and the under-hood wiring to the original coil has been modified to accommodate it. Some of the original under hood components are missing such as the washer bag and pump, original ignition coil and bracket, original battery and hold-down, back half of the exhaust, original shifter, shift boot and bezel, antenna(?) and original rear shocks. These are what I know are missing, If you don't see it in the pictures it is not included in the sale.

The car still carries its original Dark Moss green paint although it does have graffiti scratched into the top of the drivers side fender and door. The engine compartment has been spray painted blue and holes are cut in the shock towers (not sure why...see pics). The fiberglass hood is with the car but cracked and the hood hinges are missing. The hood has been fitted with locks on the firewall side (probably due to or because the hood hinges were removed). The right rear 1/4 panel has been repaired with a replacement panel...it appears to be a very professional repair...no bondo mess...spot welded...see pics for details. The paint is not original from the ledge on the right rear 1/4 panel and down beginning at the right rear door striker and back to the spoiler and rear bezel. Other areas have been touched up on the rear...see pics. It appears at one time the right rear shock came loose at the top and poked through the trunk...also has air shocks installed and a hole drilled for the air fitting in the trunk. The jack lift points on the sub-frame rails have been dented.

The Interior is largely intact with most of the original parts including the roll bar (minus the shoulder belts). Someone cut holes in the back trunk panel for speaker mounts. A mouse got into the headliner and chewed above the driver's visor and a hole on the passenger side above the seat. The seats are soft and supple and do not appear to have damage other than surface mold and some kind of glue on the plastic that peels off when I scratch it with my fingernail.

The underside appears to have been treated with some kind of undercoating and is preserved better in those areas. Has the original wheels and includes the spare tire and a jack that was in the trunk but no hold-down hardware or tire iron/wrench.

The locks and hinges on the doors and trunk work and I have the keys.

Title: Re: 1967 GT500 - 67400F5A03116
Post by: acapulco350 on February 03, 2024, 06:39:45 AM

These project type cars don't seem to come a lot

For the right price this could be a great car for someone that could do most of the work themselves

Great colour and if the miles are genuine then it's a big win for lucky new owner

Will be interesting to see what it sells for

"If " the car market is going down

Title: Re: 1967 GT500 - 67400F5A03116
Post by: Coralsnake on February 03, 2024, 06:45:14 AM
Grand Rapids is giving up the cars lately

Not a 67 tag guy, but that one looks interesting
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Bob Gaines on February 03, 2024, 05:05:55 PM
Quote from: Coralsnake on February 03, 2024, 06:45:14 AM
Grand Rapids is giving up the cars lately

Not a 67 tag guy, but that one looks interesting
The tag is genuine. The stamping may seem a little different but nothing that sends up red flags IMO.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Coralsnake on February 03, 2024, 06:11:46 PM
Thank you Mr Gaines
Title: Re: 1967 GT500 - 67400F5A03116
Post by: 557 on February 03, 2024, 09:45:13 PM
Blue inner fender?
Title: Re: 1967 GT500 - 67400F5A03116
Post by: 6s1640 on February 03, 2024, 10:42:37 PM
Quote from: 557 on February 03, 2024, 09:45:13 PM
Blue inner fender?

Interesting that's what caught your eye.  Yes, blue engine compartment.  But that doesn't concern me much.  It is this massive butchered hole in the shock towers that caught my attention.  Ugh

Cory
Title: Re: 1967 GT500 - 67400F5A03116
Post by: CharlesTurner on February 03, 2024, 11:14:17 PM
Quote from: 6s1640 on February 03, 2024, 10:42:37 PM
Interesting that's what caught your eye.  Yes, blue engine compartment.  But that doesn't concern me much.  It is this massive butchered hole in the shock towers that caught my attention.  Ugh


Spark plug changing mod?   ;D ;D
Title: Re: 1967 GT500 - 67400F5A03116
Post by: KR Convertible on February 04, 2024, 12:18:59 AM
I'm not sure I would call that quarter panel replacement job a "very professional job".  At least it was an NOS panel.

I would think the car would be kinda squirrely on the road with the shock towers weakened like that.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 04, 2024, 05:11:01 AM
So it doesn't say "reserve not met" so it must be.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Special Ed on February 04, 2024, 09:35:38 AM
We had the 13,000 mile  1969 white boss 429 that seller is talking about that was sitting next to this shelby. We had it on display at my building when we had open house at our first indiana fall classic show. The car cleaned up and we got it running again and everything back on car to be a complete all original car and is now in the california all original once collection along with other original unrestored boss 429s. We needed a white car to try and get all colors of boss 429s and only need a 69 black jade and 70 grabber orange and 70 pastel yet to complete collection so if anybody knows of those colored boss 429s finders fees will be paid for unrestored cars only. thanks
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 04, 2024, 09:39:18 AM
Quote from: Special Ed on February 04, 2024, 09:35:38 AM
We had the 13,000 mile  1969 white boss 429 that seller is talking about that was sitting next to this shelby. We had it on display at my building when we had open house at our first indiana fall classic show. The car cleaned up and we got it running again and everything back on car to be a complete all original car and is now in the california all original once collection along with other original unrestored boss 429s. We needed a white car to try and get all colors of boss 429s and only need a 69 black jade and 70 grabber orange and 70 pastel yet to complete collection so if anybody knows of those colored boss 429s finders fees will be paid for unrestored cars only. thanks
Seraphim's black jade car is not for sale(same with the 71 Hemi) but is it considered a car worthy of that collection?
Title: Re: 1967 GT500 - 67400F5A03116
Post by: capecodmustang.com on February 04, 2024, 01:09:50 PM
The seller just informed me they want to get paid in cash..

Good luck with that...

Kinda complicates things....
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Wedgeman on February 04, 2024, 01:55:56 PM
2 piece valve spring retainers on those cylinder heads.......GT390 heads originally had one piece retainers...?
Title: Re: 1967 GT500 - 67400F5A03116
Post by: 557 on February 04, 2024, 03:26:47 PM
Quote from: 6s1640 on February 03, 2024, 10:42:37 PM
Quote from: 557 on February 03, 2024, 09:45:13 PM
Blue inner fender?

Interesting that's what caught your eye.  Yes, blue engine compartment.  But that doesn't concern me much.  It is this massive butchered hole in the shock towers that caught my attention.  Ugh

Cory
.  It's all bad...
Title: Re: 1967 GT500 - 67400F5A03116
Post by: 6s1640 on February 04, 2024, 03:29:54 PM
Quote from: capecodmustang.com on February 04, 2024, 01:09:50 PM
The seller just informed me they want to get paid in cash..

Good luck with that...

Kinda complicates things....

The other issue with the auction site now is that they are required to withhold 20% Federal Taxes of the final sale over a certain threshold.  This will beat the threshold.  At the end of the year, all sellers will get a 1099-K form with total sales.  It will be then up to the seller, when filing their federal tax return, to reduce the capital gain with expenses (storage, heat, repairs, etc), commissions and original purchase price.  If the seller is clever, there should be no net profit and zero taxes will be paid.  They should then get a full refund of the 20%.  But that means the Feds get to hold you money for nearly a year.  So a cash deal might alleviate some of these issues.

Cory

Title: Re: 1967 GT500 - 67400F5A03116
Post by: Coralsnake on February 04, 2024, 03:51:18 PM
Another reason to not sell on eBay, as if we needed one
Title: Re: 1967 GT500 - 67400F5A03116
Post by: boyking on February 04, 2024, 07:06:06 PM
Quote from: Coralsnake on February 03, 2024, 06:11:46 PM
Thank you Mr Gaines
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 05, 2024, 06:35:22 AM
Quote from: capecodmustang.com on February 04, 2024, 01:09:50 PM
The seller just informed me they want to get paid in cash..

Good luck with that...

Kinda complicates things....
A wire transfer is the same as cash to the seller but suspect he doesn't want a profit paper trail on the car.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: JD on February 05, 2024, 10:01:24 AM
wire transfer has a trail
Title: Re: 1967 GT500 - 67400F5A03116
Post by: stephen_becker on February 05, 2024, 10:14:17 AM
Spoke with owner/seller this a.m.

He is very well-versed  and in the know

He tells me that he has a guaranteed offer on the table for $150,000 cash so if the auction does not exceed that amount, he will be taking that person's standing cash in a bag offer
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 05, 2024, 10:31:19 AM
Quote from: stephen_becker on February 05, 2024, 10:14:17 AM
Spoke with owner/seller this a.m.

He is very well-versed  and in the know

He tells me that he has a guaranteed offer on the table for $150,000 cash so if the auction does not exceed that amount, he will be taking that person's standing cash in a bag offer
Really? What happens if he lets the auction end and it ends at 115K say? He doesn't sell to the high bidder/winner(not a reserve auction) I'd think he could be sued. I do most of my work myself and I sure wouldn't pay 150K for that car with the butchered shock towers and needing a total resto. Am I off on these?  So is the seller just full of crap? If he wanted 150K that should be his reserve. I don't see "reserve not met" on the high bid.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: stephen_becker on February 05, 2024, 10:34:02 AM
Great questions. No answers here. I would say that he's already violating eBay policy by demanding cash outside of the transactions, so why wouldn't anything else be up for debated that point?

But you're right it doesn't hit his hundred and $50,000 number and it's no reserve. What does he do?

Inquiry minds wanna know.......  ;D
Title: Re: 1967 GT500 - 67400F5A03116
Post by: rcgt350 on February 05, 2024, 10:35:17 AM
That rear quarter panel appears to me to be riveted on to the upper section of the original panel , showing no sign of a complete replacement quarter panel, which says it would have been some type of lap joint done, which means body filler would have to run the outer length of that joint, if I'm mistaken please point out if a different approach was used.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Coralsnake on February 05, 2024, 10:55:26 AM
^ that is what I see as well. Certainly not "professional" in my book.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 05, 2024, 11:00:05 AM
Quote from: rcgt350 on February 05, 2024, 10:35:17 AM
That rear quarter panel appears to me to be riveted on to the upper section of the original panel , showing no sign of a complete replacement quarter panel, which says it would have been some type of lap joint done, which means body filler would have to run the outer length of that joint, if I'm mistaken please point out if a different approach was used.
pop riveted into place then welded as witnessed by the burn marks at the overlap edges?
Title: Re: 1967 GT500 - 67400F5A03116
Post by: capecodmustang.com on February 05, 2024, 11:48:56 AM
Quote from: stephen_becker on February 05, 2024, 10:14:17 AM
Spoke with owner/seller this a.m.

He is very well-versed  and in the know

He tells me that he has a guaranteed offer on the table for $150,000 cash so if the auction does not exceed that amount, he will be taking that person's standing cash in a bag offer


Steve:  This seller is putting himself in a bad position.
If someone truly offered him $150,000 in cash he'd be best to get a small deposit via paypal and then end the auction.
Then let the buyer show up with the $$$$..

If he doesn't end the auction, the high bidder is then informed after the bidding ends that the seller wants "cash".
What happens then if the guy is in Waco TX but is just told that Mr. Michigan wants cash for his purchase?
He has the $$$ but no way to get that $$$ to him.

Also, if the high bidder is sincere he's then told someone offered "more" so his bid isn't honored .

I should also point out in the Ebay advertisment it says "Payment:  wire to my account"...

And I know my Shelby's.
If someone truly offered him $150,000 I suggest he makes the deal and ends the auction at once.


Just my .02



Title: Re: 1967 GT500 - 67400F5A03116
Post by: Coralsnake on February 05, 2024, 12:00:36 PM
$150k in cash is like a $190k offer.

Better run with that, this car isnt that nice in my opinion

There seems to be certain level of dishonesty if hes not revealing the "I want to be paid in cash" to the eBay bidders
Title: Re: 1967 GT500 - 67400F5A03116
Post by: capecodmustang.com on February 05, 2024, 12:08:19 PM
Quote from: Coralsnake on February 05, 2024, 12:00:36 PM
$150k in cash is like a $190k offer.

Better run with that, this car isnt that nice in my opinion

There seems to be certain level of dishonesty if hes not revealing the "I want to be paid in cash" to the eBay bidders

Pete:  I understand in this environment that cash is a positive.
But the seller is putting himself in a bad position if a well meaning bidder is told AFTER the auction that the seller wants cash or he's not selling the car.
Or for that matter the high bidder is told there's another guy that wants the car for more $$$.
That's just not how it works.

He might open a can of worms with both Ebay and the IRS...

Title: Re: 1967 GT500 - 67400F5A03116
Post by: Coralsnake on February 05, 2024, 12:14:55 PM
I think we are in agreement

I dont see a reserve price in the auction?
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Survivor on February 05, 2024, 12:38:02 PM
Incredible that a seller of this sort of car-in the world we live in today-could be so god damn stupid by going public with what should be and very easily could be confidential info.  And then doing it on a public forum in full view of every governmental branch known to mankind.  And flaunting the rules of Ebay all the while.  I cry foul-it's a bunch of bs.  Bret hit it spot on-if he truly has the 150k offer in cash, you end the auction and make the deal.  Nice and quiet.  No eyes and ears on the process.  Ebay needs to step in and end the auction and let this guy flap in the wind...
Title: Re: 1967 GT500 - 67400F5A03116
Post by: stephen_becker on February 05, 2024, 01:34:56 PM
He said he sold a BOSS 9 car to a guy in CA some time ago - Went into a survivor collection of all colors BOSS 9 cars -
Title: Re: 1967 GT500 - 67400F5A03116
Post by: JD on February 05, 2024, 02:41:37 PM
Quote from: stephen_becker on February 05, 2024, 01:34:56 PM
He said he sold a BOSS 9 car to a guy in CA some time ago - Went into a survivor collection of all colors BOSS 9 cars -
[/i][/color]

See below, reply #10 on the first page of this thread...

Special Ed
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Re: 1967 GT500 - 67400F5A03116
« Reply #10 on: February 04, 2024, 09:35:38 AM »
Quote
We had the 13,000 mile  1969 white boss 429 that seller is talking about that was sitting next to this shelby. We had it on display at my building when we had open house at our first indiana fall classic show. The car cleaned up and we got it running again and everything back on car to be a complete all original car and is now in the california all original once collection along with other original unrestored boss 429s. We needed a white car to try and get all colors of boss 429s and only need a 69 black jade and 70 grabber orange and 70 pastel yet to complete collection so if anybody knows of those colored boss 429s finders fees will be paid for unrestored cars only. thanks
Title: Re: 1967 GT500 - 67400F5A03116
Post by: acapulco350 on February 05, 2024, 07:59:41 PM
$150k in cash is a something that should of been taken, car needs some work

If anyone knows the market it is you Bret

Dicking around on eBay and then telling the high bidder you want cash is not very fair





quote author=capecodmustang.com link=topic=25849.msg191616#msg191616 date=1707151736]
Quote from: stephen_becker on February 05, 2024, 10:14:17 AM
Spoke with owner/seller this a.m.

He is very well-versed  and in the know

He tells me that he has a guaranteed offer on the table for $150,000 cash so if the auction does not exceed that amount, he will be taking that person's standing cash in a bag offer


Steve:  This seller is putting himself in a bad position.
If someone truly offered him $150,000 in cash he'd be best to get a small deposit via paypal and then end the auction.
Then let the buyer show up with the $$$$..

If he doesn't end the auction, the high bidder is then informed after the bidding ends that the seller wants "cash".
What happens then if the guy is in Waco TX but is just told that Mr. Michigan wants cash for his purchase?
He has the $$$ but no way to get that $$$ to him.

Also, if the high bidder is sincere he's then told someone offered "more" so his bid isn't honored .

I should also point out in the Ebay advertisment it says "Payment:  wire to my account"...

And I know my Shelby's.
If someone truly offered him $150,000 I suggest he makes the deal and ends the auction at once.


Just my .02
[/quote]
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Special Ed on February 05, 2024, 11:01:13 PM
Yes the boss 9  the seller was talking about went to california after we fixed and corrected it and it was a great survivor  all original car that i had the missing original parts to make it complete smog etc. We bought car for well over 200 and more than the highest ebay bidder but it was a color needed for the collection and sometimes u gotta pay up if its a car u really want or need. A year  or so ago i bought a car  for $30.000 more than the highest Bring a trailer auction highest bid after the auction but it was a car that  i wanted because it had the color combo, drivetrain, options  etc i had been looking for a long time so sometimes cars sell for over market $ but  if its exactly what the buyer was looking for and the timing was right or he simply didnt want to wait  any longer to buy his dream car that he may never have another chance to buy again and enjoy driving it while he still can.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 06, 2024, 06:31:42 AM
Quote from: Coralsnake on February 05, 2024, 12:14:55 PM
I think we are in agreement

I dont see a reserve price in the auction?
The 49K opening bid was the reserve price so to speak. I do not believe you can have a reserve auction with an opening price bid of-say-49K?
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Special Ed on February 06, 2024, 02:17:11 PM
Auction ended hummmm
Title: Re: 1967 GT500 - 67400F5A03116
Post by: JD on February 06, 2024, 02:25:57 PM
Quote from: Special Ed on February 06, 2024, 02:17:11 PM
Auction ended hummmm

Very curious...

...This listing was ended by the seller on Tue, Feb 6 at 10:33 AM because there was an error in the listing. ..."
Title: Re: 1967 GT500 - 67400F5A03116
Post by: shelbymann1970 on February 06, 2024, 04:58:13 PM
Doesn't surprise me.
Title: Re: 1967 GT500 - 67400F5A03116
Post by: Britton on February 06, 2024, 09:41:44 PM
Per the Shelby Research Facebook group, it looks like the buyer is from Tennessee.


Quote from: JD on February 06, 2024, 02:25:57 PM
Quote from: Special Ed on February 06, 2024, 02:17:11 PM
Auction ended hummmm

Very curious...

...This listing was ended by the seller on Tue, Feb 6 at 10:33 AM because there was an error in the listing. ..."
Title: Re: 1967 GT500 - 67400F5A03116
Post by: stephen_becker on February 06, 2024, 10:53:31 PM
That's exactly what he did - took the cash, closed the auction & sold the car

Quote from: capecodmustang.com on February 05, 2024, 11:48:56 AM
Quote from: stephen_becker on February 05, 2024, 10:14:17 AM
Spoke with owner/seller this a.m.

He is very well-versed  and in the know

He tells me that he has a guaranteed offer on the table for $150,000 cash so if the auction does not exceed that amount, he will be taking that person's standing cash in a bag offer


Steve:  This seller is putting himself in a bad position.
If someone truly offered him $150,000 in cash he'd be best to get a small deposit via paypal and then end the auction.
Then let the buyer show up with the $$$$..

If he doesn't end the auction, the high bidder is then informed after the bidding ends that the seller wants "cash".
What happens then if the guy is in Waco TX but is just told that Mr. Michigan wants cash for his purchase?
He has the $$$ but no way to get that $$$ to him.

Also, if the high bidder is sincere he's then told someone offered "more" so his bid isn't honored .

I should also point out in the Ebay advertisment it says "Payment:  wire to my account"...

And I know my Shelby's.
If someone truly offered him $150,000 I suggest he makes the deal and ends the auction at once.


Just my .02