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1968 Shelby Mustang Cobra GT-500

1968 Shelby Mustang for sale
1968 Shelby Mustang Picture 2 1968 Shelby Mustang Picture 3

Up for sale is a 1968 Shelby Cobra GT-500 Mustang. Car has build sheet. Numbers matching survivor. Car is 428 C.I. Police Interceptor, numbers matching, 4-spd, NO air, Tilt steering, factory AM (not working, never checked out when I got it). Interior is Saddle and in very good condition and the car is mechanically sound. I usually do a couple of 200-300 mile road trips a year. I really enjoy driving the car and my 10 Y.O. daughter is going to be crushed when it goes. I've owned her for 6 years (the car that is) and knew the previous owner (from 92'). Car has had no accident history in that time, I don't know the history before then, but, I do have some documentation of owners back to early 80's and when I looked up the owners from the old registrations, I found contact info on Qwestdex but I never contacted them, I will include that info. Since the early 80's the car has been in Oklahoma, Texas and Colorado, there are no noticeable or obvious signs of rust. Heater core recently went out and I haven't had a chance to repair, so the hoses are bypassing the heater core right now. Non-original items to the best of my knowledge are, Hurst shifter, 2 extra Stewart Warner gauges in center console and incorrect side stripes (actually from a K.R.) that were put on by a previous owner when car was repainted in the late 80's early 90's. Paint is in very good condition as some chips, etc. but still looks very, very nice. To the best of my knowledge this car is unrestored. The 2 window cranks are missing the knobs because I haven't searched for a replacement and didn't want to put non OEM on, windows could still be rolled down so I didn't worry about it, it's not like it gets driven every day. Have original wheels that go with it in very good condition but are missing 2 center caps. Car currently has 17 inch "Eleanor" style knockoff wheels with BF Goodrich "Red" Scorchers. Rear tires have some gouges on outer sidewalls from rubbing inside of chrome fender trim. Car is documented in the Shelby registry but, I can't find the copy from the page that I had. Regretfully economics are forcing me to sell or trade down.

Car is for sale in other venue's and if an interesting offer is accepted, the auction will be cancelled. I am motivated to sell and am confident a deal will be reached fairly quickly, so contact me if interested. I want a fair price and I hope the car goes to someone who will appreciate and enjoy the car as I have. NADA value is $87k for average and $159k for high book. The Mecum, Barrett-Jackson, Kruse, and Russo all reflect the cars still selling in that range, even with a down economy. I think people have come to the realization that they can drive and enjoy a portion of their 401K's, instead of it driving them!! The upside potential is still huge from the collector's perspective. If you look at when Enzo passed away Ferraris at that time went upt 50-100% almost over night. Carroll is getting up there and when his day comes I wcan easily see the cars jumping 10-20%. I will respond to all contact's, keep in mind that the volume of emails will be high but, I will respond to everyone within 48 hours.

What I am looking for is cash sale or I would consider partial trades and cash. Cars of particular interest for me would be (must be in very good condition), 66'-70' V-8 Mustangs, 64' Cobra Daytona Coupe (Superformance, Factory Five), certain RestoMods (Mustang, Camaro, Chevelle, etc.), Porsche 911, Carrerra, Turbos (especially Slant Nose, steel kits considered, no fiberglass), Corvette Z06 and older ZR-1. Have something else in mind email me, no boats, planes, motorhomes, jewelry, guns.

Prefer local, proximite transactions so vehicles can be reviewed from both sides. Not saying I won't consider longer distances, but most of the responsibilty of the transaction comes from your end. I would even consider selling half a share locally in the car, for the right person (I would let that person possess the car since I have owned it for a while)..

July 02, 2009

1968 Shelby/American Mustang GT500 2 Door Fastback


Original MSRP: N/A Average High
Base Price $87,100 $159,900
TOTAL PRICE $87,100 $159,900


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Average Retail Value
This vehicle would be in good condition overall. It could be an older restoration or a well-maintained original vehicle. Completely operable. The exterior paint, trim, and mechanics are presentable and serviceable inside and out. A "20-footer".

High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does not represent a "100 Point" or "# 1" vehicle *.
* "100 Point" or "# 1" vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concourse judging and car shows. This type of car would be stored in a climate-regulated facility.


Colorado Springs, Colorado
Mileage: 65000
Engine: 428 Police Interceptor
Body Type: Fastback
Interior: Saddle
Exterior: Red

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