9F02R482493 on Copart

[silverton_ford]

https://www.copart.com/lot/78519345/salvage-1969-ford-mustang-shelby-gt500-fl-punta-gorda?fbclid=IwY2xjawQycbRleHRuA2FlbQIxMABicmlkETFRWFJFcE55ZDFTaWs5Y0h5c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHoTbboanKLTY3NX9w4obxM8VcVbWLCP3RPtxdlsGH97uLiSu8DeRIV-ufhEZ_aem_JLMfoLnivctciHTy7KZziA

Bidding ends March 31, 2026 7:00AM PDT

[Coralsnake]

Wow, that's totaled?  I don't understand?

[J_Speegle]

Not that it's any of our business but wonder what the cash out value to the owner was?

[silverton_ford]

A few more images from the website.

[pbf777]

      I'm guessing the previous owner must have had a "really big" declared value on the insurance policy and just decided to take the money and run?   

      Scott.

[Krelboyne]

Maybe the damage is all underneath?
Doesn't look like any flood damage or biohazard either.
In a long ago previous life, I was a insurance claims adjuster. Rule of thumb back in the 1980's was 75% of the actual cash value (ACV).
Maybe Tim L. will come along and give a guesstimate for repairs in his shop?

[SCJSTU]

Wow, sad thing is now it will have a salvage title

[69 GT350 Vert]

Wow. It's 30 minutes away from me.  I might go look at it.

[TLea]

So totaling the car used to be 70% but nowadays it's more like 50%. Figure the cost repair is way less than that so my hunch is it's a recovered theft that the insurance company paid out on as total loss and then the car was recovered later and went to the insurance company.

[TLea]

Not sure why they assigned a salvage title to it other than possibly flood damage

[5s386]

For sale in Mankato, MN. on Ebay May 2012. Dealer claimed matching #'s, older rotis restoration. Reproduction door tags. Decent driver.

[azdriver]

This auction has restarted? Bid was $52k now says its $2250 with 14 days to go..??

Pat

[Coralsnake]

😲

[Don Johnston]

Current is at $28,250.  Stated estimated retail value:$155,00.  Is that restored or in current messed up condition? 

[Bill]

This auction has restarted? Bid was $52k now says its $2250 with 14 days to go..??

Pat

Last time I heard of this happening (on a Pantera after Hurricane Sandy, also Co-part), it was due to some bidders not being able to be confirmed (financially). Stop the auction, remove all the bids, restart the auction.