https://bringatrailer.com/listing/1968-shelby-mustang-gt500-22/
Very nice car... in the write up done by Jason Billups he refers to the cylinder heads as C7ME-A..?? I assume this is a typo??
Pat
If I recall arent the C8AE-H??
The fiberglass is the only bigger issue I see, its a very nice restored car
Quote from: Coralsnake on July 19, 2024, 01:03:49 PMIf I recall arent the C8AE-H??
The fiberglass is the only bigger issue I see, its a very nice restored car
Pete,
what about inner fender aprons being replaced along with Rad support , hood and nose?
"The seller indicates that the vehicle was involved in front-end damage during previous ownership, resulting in the core support and inner fender aprons being replaced. The headlight buckets, letter panel, and hood are also replacement items."
Oh dear, I missed the aprons. Not good. I need to focus.
🙃
Is it the consensus that the A/C clutch on this car is the correct one for a GT500?
Thanks, Pat
Some Downey Auto Center history - where it was first sold
https://www.thedowneypatriot.com/articles/looking-back-on-downey-ford
Quote from: SCJSTU on July 19, 2024, 01:36:56 PMQuote from: Coralsnake on July 19, 2024, 01:03:49 PMIf I recall arent the C8AE-H??
The fiberglass is the only bigger issue I see, its a very nice restored car
Pete,
what about inner fender aprons being replaced along with Rad support , hood and nose?
"The seller indicates that the vehicle was involved in front-end damage during previous ownership, resulting in the core support and inner fender aprons being replaced. The headlight buckets, letter panel, and hood are also replacement items."
I talked to Marc. The aprons replaced and the original vin numbers welded into the new aprons. I guess a pet peeve while a minor one is a 200K plus car with an incorrect last service/Scott Drake repo shift knob on them. With such a beautiful resto You would think they would search out a correct original flat 3 shift knob for it.
Not even mentioning reproduction fiberglass. Its a beautiful car, but not in the range its approaching now, in my opinion.
I guess a good hype man is important!
Quote from: Coralsnake on July 24, 2024, 07:51:32 AMNot even mentioning reproduction fiberglass. Its a beautiful car, but not in the range its approaching now, in my opinion.
I guess a good hype man is important!
The market in general is confusing to me. More and more it appears that if you have a car to sell, or even rare parts, you need an Agent as if you are an actor or even a band?
Seemingly new buyers would rather go with a dealer rather then go private? I'm not sure why other then the people with the money don't have the time or inclination to do the search?
People want to deal with a "somebody", not a "no-body". Confusing really.
Six days away and at $225,000
Quote from: Coralsnake on July 24, 2024, 07:51:32 AMNot even mentioning reproduction fiberglass. Its a beautiful car, but not in the range its approaching now, in my opinion.
I guess a good hype man is important!
Well remember his group II 66 that sold at BJ? Wow
Quote from: shelbydoug on July 24, 2024, 08:40:46 AMQuote from: Coralsnake on July 24, 2024, 07:51:32 AMNot even mentioning reproduction fiberglass. Its a beautiful car, but not in the range its approaching now, in my opinion.
I guess a good hype man is important!
The market in general is confusing to me. More and more it appears that if you have a car to sell, or even rare parts, you need an Agent as if you are an actor or even a band?
Seemingly new buyers would rather go with a dealer rather then go private? I'm not sure why other then the people with the money don't have the time or inclination to do the search?
People want to deal with a "somebody", not a "no-body". Confusing really.
Well this car is owned by the seller who deals in really nice cars. He tries to buy cars that are close to #1 or 2 cars and detailed the hell out of them and is getting the desired result. I'm lost as to why so many do not do that(dealers).
Quote from: shelbymann1970 on July 24, 2024, 06:00:51 AMQuote from: SCJSTU on July 19, 2024, 01:36:56 PMQuote from: Coralsnake on July 19, 2024, 01:03:49 PMIf I recall arent the C8AE-H??
The fiberglass is the only bigger issue I see, its a very nice restored car
Pete,
what about inner fender aprons being replaced along with Rad support , hood and nose?
"The seller indicates that the vehicle was involved in front-end damage during previous ownership, resulting in the core support and inner fender aprons being replaced. The headlight buckets, letter panel, and hood are also replacement items."
I talked to Marc. The aprons replaced and the original vin numbers welded into the new aprons. I guess a pet peeve while a minor one is a 200K plus car with an incorrect last service/Scott Drake repo shift knob on them. With such a beautiful resto You would think they would search out a correct original flat 3 shift knob for it.
So it's considered ok to cut out vin's from an original car and place them into new aprons? Isn't that how air cars or something like that come about?
QSS
Quote from: QuickSilverShelby on July 24, 2024, 09:58:58 PMSo it's considered ok to cut out vin's from an original car and place them into new aprons? Isn't that how air cars or something like that come about?
QSS
Legal if they are being replace on the original car for a repair. A repair is not what the feds are concerned about. That is when it is typically overlooked. It is when the vins are placed on a completely different car is when there is a big legal problem.
Thats why the history of the car is so important. Frequently overlooked by BaT buyers.
::)
BaT sucks. They want to tell YOU how much your car is worth and if YOU don't agree then they don't want your car! - Bunch of non-automotive geeks in cubilcles in San Fransissy.
Hard pass!
Quote from: QuickSilverShelby on July 24, 2024, 09:58:58 PMQuote from: shelbymann1970 on July 24, 2024, 06:00:51 AMQuote from: SCJSTU on July 19, 2024, 01:36:56 PMQuote from: Coralsnake on July 19, 2024, 01:03:49 PMIf I recall arent the C8AE-H??
The fiberglass is the only bigger issue I see, its a very nice restored car
Pete,
what about inner fender aprons being replaced along with Rad support , hood and nose?
"The seller indicates that the vehicle was involved in front-end damage during previous ownership, resulting in the core support and inner fender aprons being replaced. The headlight buckets, letter panel, and hood are also replacement items."
I talked to Marc. The aprons replaced and the original vin numbers welded into the new aprons. I guess a pet peeve while a minor one is a 200K plus car with an incorrect last service/Scott Drake repo shift knob on them. With such a beautiful resto You would think they would search out a correct original flat 3 shift knob for it.
So it's considered ok to cut out vin's from an original car and place them into new aprons? Isn't that how air cars or something like that come about?
QSS
Could you imagine if it was illegal for every 65-67 Mustang that had a damaged beyond repair DS Fender apron or both front Aprons. The problem I see is they do NOT welds the old areas in the new panels. My friend bought a car just like that. The replacement panel carried the VIN of the car it was cannibalized from. My friend didn't care as the car was a rust free 6 cyl car he bought to disassemble for factory parts for his car.
Quote from: stephen_becker on July 25, 2024, 03:04:22 PMBaT sucks. They want to tell YOU how much your car is worth and if YOU don't agree then they don't want your car! - Bunch of non-automotive geeks in cubilcles in San Fransissy.
Hard pass!
Yeah, and they like me real well...I have had friends who did not list their car because of a ridiculously low reserve then I see pieces of shit that do not meet their reserve even though from pics alone the car was bid well past what it would be fair market value. I think it is like the big auctions. They cater to the "big listers". Did you see that Bullitt Mustang for over 110K? I have never seen a 68 to 70 dash vin rotted like that. I mean never. What shape was that car in before it was "resurrected"? Like Pete said history should be an important piece of the pie. I'd bet that Bullitt car sat in a junkyard field for decades. I'd like to see an ownership chain.
I have learned that everyone has a different tolerance level. I guess when you tell them its been wrecked, repaired and reproduction fiberglass was used and they still want to pay 2x retail (or more), they are just identifying themselves.
Did anyone notice we went from "quite possibly the only one left" to "oh, I saw the identical sister car before"??
🤷🏻�♂️
Quote from: Coralsnake on July 25, 2024, 03:41:08 PMI have learned that everyone has a different tolerance level. I guess when you tell them its been wrecked, repaired and reproduction fiberglass was used and they still want to pay 2x retail (or more), they are just identifying themselves.
Did anyone notice we went from "quite possibly the only one left" to "oh, I saw the identical sister car before"??
Pete: Are you saying this car is worth about $112,500?
Bret
Its worth what someone will pay 😉
If super nice KR fastbacks are 175-200, then I would submit a GT500 is less...we arent to double yet, but will be soon
Quote from: stephen_becker on July 25, 2024, 03:04:22 PMBaT sucks. They want to tell YOU how much your car is worth and if YOU don't agree then they don't want your car! - Bunch of non-automotive geeks in cubilcles in San Fransissy.
Hard pass!
Don't you tell people what a car is worth as a living? But since you are superior to them, all is good 🙃
Roy
Roy: There's a difference between Steve Becker and some kid on BAT.
Steve has experience.
BAT does not.
I've been contacted by sale associates at BAT and they told me upfront what my car was worth.
I have a great deal of knowledge on Shelby values and most of the time I've been spot on.
And they've been wrong.
As far as the previous history is concerned and some of the remarks?
This 68 is one beautiful Shelby.
And if she was in an accident 40 years ago it doesn't matter to this bidder.
Kinda like your girlfriend or wife.
Really doesn't matter what she was before she met you.
It's what she is now.
Just my .02..
Bret
Unless she caught something! 😉
Setting up to be the second highest price paid for a GT500 I have seen, sorry I dont think it should be 😉
Good for the seller
PT Barnum was right $319,000?
Someone paid 2x retail as predicted
As long as restoration shops are charging $150-200K to restore these cars then perhaps this might be the new norm for a high end car.
Even though I thought the price was just too much I'm not sure if this car could be restored and put in this condition for $328K.
The options and condition helped but collectors with resources are seeing the "big picture " figures it out differently.
Just buy a "done car".
I bought this 65 GT 350 awhile back.
Does anyone think I can restore this for under $100K?
No probably not.
But it should be worth a-lot more than a 1968 GT500
I don't see where the final selling price is a problem. It doesn't really change the market much except encourage it in that it isn't falling.
The answer really is that "the buyer was in the building" and he wanted that car now.
No one can say if it is a trend up? It may simply be a one of a kind sale? Why fret over it?
I'm saying this...
If restoration shops are 2-3 years out and charging $150-200K for a restoration then I'd have to say the selling price for this GT 500 isn't an insult.
The biggest selling point on this car were the options.
I personally would rather have a black on black 4 speed with AC GT 500 rather than a red automatic KR.
Thats why this so fun, everyone can make their choices.
The market has spoken $319,000
Black cars rule
A little info. Not going to mention names but a serious collector bought this car. I know him well. His restorer who I am also friends with called me way before the auction ended and I went over with him all the details of what I felt the car needed and the condition of the car. He knew buying it how much money he was gonna end up, putting into it to make it the way he wanted and didn't care. So I guess PT wasn't right on this one because buyer had full disclosure. One thing I've learned over my many years of working with people who pay me to restore these cars is you and I may think of money in a different light as they do. Sometimes they know what they want. They have the money and they're just willing to pay it.
I concur.
We have a friend, his name is Mikie.
Mikie buys what he wants because he likes it, wants it and can afford it.
I showed him this car after it was sold, his reply was
"why didn't you call me sooner"
"its black, I like it, they ain't making many of these nowadays"
He usually points and gets what he wants, as money to him is just a tool and it's not everything.
Another one of Mikies saying "you cant it with you. Can you"
He is right
Quote from: TLea on August 06, 2024, 06:11:46 PMA little info. Not going to mention names but a serious collector bought this car. I know him well. His restorer who I am also friends with called me way before the auction ended and I went over with him all the details of what I felt the car needed and the condition of the car. He knew buying it how much money he was gonna end up, putting into it to make it the way he wanted and didn't care. So I guess PT wasn't right on this one because buyer had full disclosure. One thing I've learned over my many years of working with people who pay me to restore these cars is you and I may think of money in a different light as they do. Sometimes they know what they want. They have the money and they're just willing to pay it.