Second Time Around: 1967 Ford Shelby GT500
Here’s something that doesn’t happen often at BF, and that’s (intentionally) reviewing a car that we have covered before. In this case, it’s a 1967 Ford Shelby Mustang GT500 that was for sale in June of 2021. It appears, to the best of my sleuthing, that the very same vehicle is hitting the marketplace again, though, this time, by a different seller. To consider covering previously traveled territory, I prefer to have a very notable subject, not something ordinary, and I’d say that just such a car as a Shelby GT500, with its ouvert price tag, is a worthy topic. OK, let’s give this Buford, Georgia resident a second looksee. It’s available, here on eBay for a BIN price of $185,000.
Speaking of price, the last sales attempt was shooting for $200 large, no idea if that lofty goal was attained. Also, while this Mustang is now a Peach State resident, it hailed, previously, from Charleston, South Carolina and it is now being handled by the Becker Automotive Group – I’d sure like to know the interim sales transaction amounts…
With a claimed 51K original miles, this Shelby still shows, with its mostly original paint, as well as it did in 2021 – not that I would expect otherwise and I doubt that it has experienced many more miles of use though I don’t know its 2021 recorded mileage. There were some comments made previously regarding this car’s wheel covers. Some mag-type covers look like cheap chrome-plated pieces that were sourced from J.C Whitney long ago but I don’t think that’s the case here. No, these seem fitting for a car of this caliber especially when you consider factory alloy wheels were rare in this era.
It was not until more recent times that I realized a ’67 GT500 was equipped with a pair of four-barrel carburetors but I do find it unusual that the 428 CI FE’s power rating of 355 HP is only ten more than that of a single carburetor-fed version of the engine as employed in a Galaxie (345). Along with a four-speed manual transmission, the seller suggests, “This GT500 Fastback is a powerhouse on the road“.
The black vinyl upholstery appears unchanged too, and the seller claims that it is, “original down to the carpet“. I suppose originality counts for something in valuation but a correctly redone interior has its merits too as aged upholstery, carpet, etc. tends to eventually disintegrate, especially if the car is used to any degree. In this case, I think it unlikely this Shelby will see any real use; it’s more of a park it, seal it up, and see what you can get for it in a few years kind of car – most at this price point are. I must admit that I like the minimalist interior environment that is in place here – no video screen or other interior geegaw distractions to futz with, this one’s meant for driving.
One of this Shelby Mustang’s most significant features is its documentation – it’s fascinating to delve into it and view this Ford’s origins. Even Kevin Marti has weighed in on it. This is the kind of car that you want to drive and enjoy, but the outsized price takes it out of contention for any real minimal use – too bad. I really don’t get it, it’s still, at heart, a Mustang (a very powerful one) but clearly these have become exalted automobiles. So, opine if you will regarding the $185,000 price tag, do you think the seller will lasso it?
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Comments
It still surprises me to see a well kept vehicle with schmutz (couldn’t think of a better description) in the engine bay.
3rd. time is the charm, so just one more to go.
Not even the 10th thing that comes to mind when I think of a $185k car.
Seems like the selling price for these cars is softening. People that can afford these are not spending their money so fast. The generation of buyers who appreciate these vehicles are either decreasing in numbers or holding on to their money. Every now and then though I’m proven wrong. Maybe that will happen on this one.
It’s a buyers market no doubt and people are more discerning with their cash reserves in comparison to 2020/2021. The market still provides a premium for unrestored, unmolested survivor cars that are number matching especially Shelby’s. If I had this car, I probably would’ve tidied it up a bit. Nothing wrong with patina but clean it up please.
I have always loved these cars, any of the early year Shelby Stangs. Changing the spark plugs in that thing looks like a bear of a job but heck at 60 years old I have a heck of a time changing them in my 87 4×4 with it’s 351 under the hood. Lol. I can’t afford this beautiful machine but if I could I would drive the crap outta it, that is what it was built for….. Enjoyment, not staring at it wondering about it. Maybe I am just to old school anymore but I hate trailer queens, what’s the point.
Put an LS in it.
This is when you want to look at that engine on a stand like art while ruining a few crate coyote engines running the bejesus out of the rest of it till time to sell.
It’s only money someone buying this already has.
They came originally with those hub caps. Mag style wheels were an option.
The car’s original price included four gallons of gas for $1.20. Ah, the good old days…
I can’t believe that a local credit union had a re-po’d one of these in late 68 and offered it for sale to a couple of us car guys for something like $3000-$3500. Yeow, what a missed opportunity! Of course, what young working stiff had that kind of money for a ready-made hot rod? We made our own.
For $185K I’m expecting perfection and I don’t see it. The documentation is obviously a plus but that rear bumper looks bent. And the mileage is a little high for that asking price.
It is bent and a busted tail light bezel and appears to have 2 different tail light lenses, 67′ used Cougar lenses w/o the bezel and 68′ used 65′ T bird tail lights. It must be difficult to add fuel as the bumper is in the way of the pop open cap. GLWTS
Nope.
Being from S.Jersey i remember that Ford dealer in Trenton .Any way my son has a 13′ Shelby GT 500 conv.with 7,500 miles.
I worked for a towing company in California 1967-1968 and we used to repo cars for Bank of America. I once picked up a 1967 Shelby mustang 427 in the town of Rosemead, I was supposed to tow it back to a dealership in the valley ( Van Nuys ) but decided to drive it back. Poor car, it was a mess when I arrived at the dealership, smoking, steam coming from under the car, shaking, and other issues. I only drove it hard, peeling out, slaming on the brakes, etc. I thought the car was built better, NOT….just a dressed up Mustang, and not very fast.
For that kind of money,i would rather get a 73 or 74′ SD455 Trans Am.The 428 in this Shelby is the Police interceptor version and were somewhat underrated,hp was more like 375-380hp.