How much is 68 GT500 KR convert worth ?

[Fast Fords]

I have been looking at a 68 GT500 KR convert and would like to get a approximate value of it. The big question is the number under the tag has been restamped. The last 5 numbers have been restamped. The car is was painted yellow back around '81 which is it's original color. The car is also undercoated on the underside and the rockers have had holes drilled in them. It is an automatic car and the interior looks nice. It still has the original smog on the car. It looks like a nice driver car except the numbers have been restamped and it is undercoated. I will attach a few pictures. Thanks for any help you can provide.

[FL SAAC]

Hire an appraiser to go out and take a good look at it.

I did on all our old cars, probably the best couple of Benjamins we spent.

[Coralsnake]

I would suggest a thorough inspection before an estimate could be made.

Having said that there are always people that will throw out a price.

When you say "restamped" does that mean it started as a different VIN?

You need to start with a lot better photos

Are those the rectangular reflectors or the oval ones?


If the car is in Canada, I would be especially careful

[Coralsnake]

Certainly, there are many reputable and knowledge appraisal services. However, it is very hard to be knowledgable on all cars. Will someone who appraises Rolls Royce automobiles, know if a starter delay is missing from a GT500KR? The unfortunate part of an appraisal is, that if you know the right people, you can get one for just about any value. Do not take an appraisal at face value. You have the responsibilty to be the knowledgable person. Just because a car has a high appraisal value, doesn't mean someone will pay that much.

[stangman39]

Certainly, there are many reputable and knowledge appraisal services. However, it is very hard to be knowledgable on all cars. Will someone who appraises Rolls Royce automobiles, know if a starter delay is missing from a GT500KR? The unfortunate part of an appraisal is, that if you know the right people, you can get one for just about any value. Do not take an appraisal at face value. You have the responsibilty to be the knowledgable person. Just because a car has a high appraisal value, doesn't mean someone will pay that much.

This is so true! Years ago I was selling a 69 Mach 1 and a long distance buyer hired a local appraiser to come look at it (who had actually come and looked at another Mustang previously possible to buy for himself!).  The appraisal seemed to go ok till the buyer bailed and shared the appraisal with me.  There was so much incorrect info in it!  I called the appraiser and had to school him on classic Mustangs and his reply was "you should have shared this with me when I was at your house!"  Oh boy!   

[TLea]

Altered VIN? good luck

[Coralsnake]

I spoke with Fast Fords and we discussed the stamped VIN on this car. It is my opinion the numbers do in fact match the vehicle in question.

While I can not authenticate the car from the limited information I have, I can say there is nothing in any of the photos I have that indicate the car has been messed with.

I hope someone ends up with a yellow KR convertible. They are very special and unique.

[98SVT - was 06GT]

I hope someone ends up with a yellow KR convertible. They are very special and unique.

But all the 4 speed A/C ones are spoken for.
Ted and Rae Segerstrom's collection famously includes all five of the special yellow, 4-speed, air-conditioned 1968 GT500KR convertibles produced.

[SBCARGUY]

I hope someone ends up with a yellow KR convertible. They are very special and unique.

But all the 4 speed A/C ones are spoken for.
Ted and Rae Segerstrom's collection famously includes all five of the special yellow, 4-speed, air-conditioned 1968 GT500KR convertibles produced.

This particular car is an Automatic

[Stillakid54]

If the car is in Canada, I would be especially careful

With all due respect I am pretty certain there are more than one Canadian SAAC members (not me) who could correctly evaluate the car. Also, provided all the registration and documentation is solid, it should be no more difficult than any other 68 vehicle to repatriate this car south if that is desired.

[Coralsnake]

My concerns regarding Canada were two fold - they did not have anything to do with finding a qualified person to evaluate the car.
I know several people I would trust.

One, there are certain things known about certain yellow cars. ( I did not have the serial number at the time ) I have researched a lot of them during the special paint project.

Two, Canada cars, like cars in other areas of the US, have a higher propensity to have been very rusty at one time.

For those reasons, some extra due diligence is required in my opinion.