To be auctioned off at the GAA auction coming up at the end of Feb. Interestingly, this is the car I checked out about almost 4 years ago in Raleigh. The seller told me he wouldn't take anything less than $175,000. :o
I'm guessing there is a good chance he might be dead at this point, RIP. here are pics I took years ago. One repaint in the '90's, and the complete underside painted black with a rattle can.
https://imageshack.com/a/SKuM/1
https://www.gaaclassiccars.com/vehicles/29315/1968-ford-mustang-shelby-gt500
Part of the Davis Collection - Phase III
VEHICLE HIGHLIGHTS
Part of the Davis Collection - Phase III Convertible 428 Cobra jet 42K Actual Miles Sold New in Raleigh, NC Been in NC Since New Just Purchased From the Owner Who Owned Car For 41 Years One Outside Repaint in 1990 Original Sheet Metal Loaded with Options Including Factory A/C Power Steering Power Brakes Tilt Wheel AM/FM Factory Tach 10 Spoke Wheels Power Top Remote Mirror
Was it Mr. Davis who had it when you looked at it?
Is Mr. Davis famous?
The transmission was originally an automatic
Is it matching number car?
Thx
Not if a major drivetrain component has been replaced
It also says 428 Cobra Jet, which would be incorrect
Actually in Brian's pictures it does show an automatic transmission. My apologies
The guy I met owned a junk yard and he wasn't named Davis.
I would estimate the value in the $110-120k range.
Quote from: BGlover67 on December 26, 2019, 05:26:07 PM
The guy I met owned a junk yard and he wasn't named Davis.
Pookie's Pick n' Pull?
;D
QuotePookie's Pick n' Pull?
The home of "Gently Used" NOS parts... ::)
TOB
Quote from: Coralsnake on December 26, 2019, 05:51:30 PM
I would estimate the value in the $110-120k range.
That's generous, must be Christmas.
Trying to put a price on it is silly. If you want it, you need to pay enough to get it.
There are few people that have data sheets on sales results that will prove anything. Even if you have some sales data, the variables effecting sales price can be considerable.
It's worth what you can get for it on the day you decide to sell it.
Start a pool on what you think it will sell for like the Bullet car. Maybe there will be a 14 year old lottery winner in the crowd at the auction?
The most likely answer is that it will bring much more then it sold for new in '68.
Christmas is over Chris...🙂
Well, you are correct Doug. When you put a price, like say $175k, that is silly. As the owner of the car you can put any price you want on it. You can also go to your grave waiting.
The value I put on it is realistic, it could be more or less. Just an educated guess, no spreadsheets.
I agree with you on this one Doug... For starters he is not asking any ones opinion of what they think it is worth. There are a few on here that have an incessant desire to share their opinions of what someone should sell their stuff for. Then when the table is turned they are completely offended when people make comments about them and their stuff. The other thing that gets asked regularly is when someone is looking for an item... What is your budget? People will be interested if the right car or part comes along ;) No one is asking their fellow SHELBY ENTHUSIASTS to be their personal banker for automotive purchases.
Who is "he"?
The car is up for auction.
Its okay to share your opinion on Bullitt, but not a GT500 at an auction?
Please explain the difference.
Doug, there is a difference between value (what a vehicle is worth) and price (what someone will pay).
I merely shared my opinion (that's still allowed?) of the value.
Surely, you can ask or pay whatever you like for a vehicle, I thought I made that clear.
8)
Quote from: 427heaven on December 27, 2019, 08:50:34 AM
I agree with you on this one Doug... For starters he is not asking any ones opinion of what they think it is worth. There are a few on here that have an incessant desire to share their opinions of what someone should sell their stuff for. Then when the table is turned they are completely offended when people make comments about them and their stuff. The other thing that gets asked regularly is when someone is looking for an item... What is your budget? People will be interested if the right car or part comes along ;) No one is asking their fellow SHELBY ENTHUSIASTS to be their personal banker for automotive purchases.
Help me out here cause I'm a little on the slow side. Are you offering an opinion about someone not asking for an opinion?
Also. what about the few on here that have an incessant desire to share their opinions of others opinions?
Just asking cause I don't want to offer an opinion.
Quote from: Tired Sheep on December 27, 2019, 09:11:53 AM
Who is "he"?
The car is up for auction.
Its okay to share your opinion on Bullitt, but not a GT500 at an auction?
Please explain the difference.
+1
Hey guys, I posted this because I had pics and some knowledge of the car from a couple years ago. It wasn't to start a fight. I think it's fair to suggest a price, especially when it's coming up for bid, and I told you the previous owner was obviously in the stratosphere with his old asking price. Never mind it was suggested by someone who obviously knows a thing or two about '68s. ;)
OK. So what's the problem? It's going to sell for what it is going to sell for.
The Shelby Secret Police likely will have nothing to do with that at all. A buyer and a seller will likely agree on a price themselves, and if not, they won't.
An asking price is a starting point and in the end it is worth what you can get for it. ;)
So there's a problem with that? This seller has violated the "Gospel according to ___"? Blaspheme I tell you! ;D
I know the guy that owns it and he has tried to buy it for years and yes the guy at one time wanted 175k for it but he passed away and the wife sold him a few cars that her husband had. He bought the other Shelbys from a fellow in SC that sold off his collection to build A hunting lodge in Alaska. The fellow that owns them is a very good old country boy that can buy about anything he wants and doesn't have to sell anything if he don't want to.
Quote from: shelbydoug on December 27, 2019, 07:26:56 AM
There are few people that have data sheets on sales results that will prove anything. Even if you have some sales data, the variables effecting sales price can be considerable.
Agree with this... there are a lot of variables in play. There is also a lot of private sale data not reported on.
Well , I guess you were right, my estimate was a little low.
Lets see $5,000 of $125,000 is less than 5% difference
Probably a waste of time predicting values
https://www.gaaclassiccars.com/vehicles?utf8=✓&q%5Bbranch_id_eq%5D=35&q%5Bftx_search_cont%5D=St0113
Looked at a Ford F series window sticker lately? Most don't sell for that amount. A Ford dealer I used to work at would get DOZENS of identical F150 's except color, and each would sell for different amount. Just the way it is folks. Like predicting the weather....
I was at the Greensboro auction and I was there to buy anything that I thought there was short on the money like a lot of other people. I came back with nothing. All Mustangs, Camaros, trucks, etc. brought good money. Lots of buyers. I think they sold 85% of what was there.
The it is "silly" commentors are strangely silent
;)
Thanks for posting the link, Pete. I had forgot about this auction and was curious on the hammer prices. 👍🏻