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How much for 1968 S code GT fastback 4 spd

Discussion in '1965-1970 Shelby Mustang GT350 & GT500' started by MRP_GT-350, Feb 20, 2008.

  1. MRP_GT-350

    MRP_GT-350 Well-Known Member

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    I recently stumbled across a #s matching 1968 highland green GT fastback with a 4 spd, 390 S code. How much would you guys pay for this car? Its 100% complete.
     
  2. John76

    John76 Well-Known Member

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    Should be worth some $$$ due to this being a "bullitt" car. Depends on condition and whether it needs a resto. With the new "bullitts" coming out this car should go up in value. Post some pix...it is too hard to tell with out something to look at.
     
  3. KF/HERTZ

    KF/HERTZ Well-Known Member

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    Hi MRP,
    Did you know that this is the exact same model car and color that they used for the '68 movie "Bullitt" with actor Steve McQueen?!
    Of course with engine and suspension mods to handle those San Francisco hills in that spectacular car chase scene.
    Finding this model and combo in original stock condition and in good shape meaning complete,no major damages and driveable in todays softened market in California would bring $20K to $25K If you can find one.
    I recalled my mechanic in the Seventies saying something about have fun doing a tune up on that model.You have to lift the engine out a few inches just to change the sparkplugs.But my memory could be hazy from all that brake dust over the years.
    I've enjoyed owning and driving a 65 GT Conv't/4 spd top loader with an 8" locker all stock and a 66 GT Fastback modified thru the Seventies and Eighties.My friend has a 68 GT Fastback J code and it's a lot of fun.A real head turner too.
    Does the car have al the GT options on it?GT Wheels,twin tail pipes,GT gas cap,C stripes possibly the hood with the built in turn signals? This optioned hood may not be a GT option.
    I also know that all factory GT cars from 65 thru 69 are LOW on the production figures and with a fastback body and 4 speed mm mm good.
    Real nice find

    just my two cents
    Kenn
     
  4. KF/HERTZ

    KF/HERTZ Well-Known Member

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    Try google "Cars Online 1968 to 1970 for sale
    There were several that had sold or are for sale.
     
  5. rsimkins

    rsimkins Well-Known Member

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    I have to disagree. While you do need double jointed fingers to do the job, you do not need to lift the engine to service the spark plugs. It is a very tight fit, especially back by numbers 7 and 8, but patience and some universal joints will get the job done.
     
  6. tesgt350

    tesgt350 Well-Known Member

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    Very cool Car. If it is in great condition, unrestored but could use a little, then I would say about $25,000.00. I have noticed that Ford is not pubicizing the New Bullit like they did the first one. I wonder why?
    David.
     
  7. tommyleea

    tommyleea Well-Known Member

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    I think the question is How much do you want to pay for the car? Then make an offer.
     
  8. crzy4shelbys

    crzy4shelbys Well-Known Member

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    What a great find! If everything is legitimate and everything's there, I think the estimates thus far are a little low. I've seen asking prices as high as $40K for something like what you describe in less desirable color combinations. Those are asking prices, and I can't imagine the cars are selling for that, but I also doubt if they're coming all the way down to the $20's. If it's in good driver condition, I'd venture that it's worth at least $25K-$30K. I know the market's soft, but you're still hard pressed to find ANY '68 fastback in good driver condition for less than $20K (meaning not a GT and not a 390), so when you figure in a 390 (only about 11,000 that year) and GT (only about 17,000) with a 4 spd and a very desirable color, I think you'd have to be looking around $30K.

    Like tommyleea said, though, all that matters is what it's worth to you. Way cool car. Let us know how it turns out and post pics if you get it!

    Good luck,
    Josh
     
  9. MRP_GT-350

    MRP_GT-350 Well-Known Member

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    So I found this car online, great pics great everything, the guy even has the Marti Report and what caught my attention was the price, $29,950, which considering I've seen GT390s running over 40k. However, I called the # and its a dealer so there's no chance of stealing this car for 20k, for if it had been owned by some desperate private party. :(
     
  10. KF/HERTZ

    KF/HERTZ Well-Known Member

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    If you like what you see and you can see the car "live" and inspect it then make them an offer if the car is in good shape.Believe me when I say that if you don't make a reasonable offer you'll never know that they'll accept it.Now is a good time to brush up on your negotiating skills.Even though the dealers have their overhead and expenses if customers aren't buying because the economy is hurting then your offer merits considiration.Sometimes they want to move their inventory etc etc.Timing is everything and just a suggestion ... use your truck to go over there and bring cash.All kidding aside good luck and keep us posted.

    Kenn
     
  11. 67GT500#2100

    67GT500#2100 Shelby Forums Pit Crew

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    I agree, I have a 68 Cougar 390 car. Plugs are no walk in the park but, they can be done. I like to remove the valve covers to make the plugs easier to get to. Just have to worry about getting those valve cover bolts back in.:thumbdown
     
  12. rsimkins

    rsimkins Well-Known Member

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    I solved the valve cover bolt problem by using long set screws as studs in the valve cover bolt holes. If you don't mind the fact that you are not using the correct bolts, this makes installation a snap as you can put the gasket in place and then put the valve cover right on top of the gasket with every thing in place. I dress it up a little by using acorn nuts instead of regular nuts. You can still use this method and the correct bolts if you are willing to take the set screws out after everything is aligned and install the correct bolts.
     
  13. 1gt500

    1gt500 Active Member

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    Put a dab of grease in the socket. It will hold the bolt just fine. Wipe the excess grease off before you torque it down.
     

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