Current Market For '68 GT500KR?

Its hard to say for certain without knowing more about the car, but I would guesstimate between 100-125,000 $

 

The market is making a huge ajustment. A good price today could be all the money in six month from now. I would hold off until the dust settles. "legendarymotorcar" just sold a good #2 KR convert for 165K, same car last year sold for 235K.

 

Color change will be a tough sell right now - Lime is never a favorite, nevertheless. The buyers looking to acquire are being very specific and very picky - I would asy 75k or so is the money on a color change KR FB at this time.

Just my .02 cents................

SGB

 

the "legendarymotorcar" KR vert noted previously was a non-original engine with only a fragmented build sheet for original documentation.

What do you think the current market price for a KR vert might be with its original drivetrain and decent original documentation but with a color change from Lime Gold to Red??

Bob

 

"but he is asking much more."

Regardless of what he is asking, very few KR fastbacks have ever sold for $150,000. I would agree with Steve, if anything, my estimation is on the high side. The color change and auto trans are not helping the car, in this case.

 

Bob's fishing. Actually I think there are 2 factors. One figure 20K less to bring it back to original color and two, lime cars just don't bring as much money as others. Its a shame because I'd honestly take a lime car over a red one. If you remember Bob H's 500 vert at SAAC , lime can be real sharp.

 

Tim i agree. I own a lime 67 and a red 68 and i dig the lime. It seems even though they were the most produced color they are rare. Seems like a lot of repaints. Lime cars look like they blasted right out of the 60's into present day.

 

Fit and finish of the body makes a big difference along with the correct shade of original color. The off popular colors always makes a resto look more original..

 

I sold a pretty nice Acapulco Blue KR with good docs last spring May 2007. I finally found a buyer for $120,000 range. The same car if sold in May of 2006 would have brought $140K, today, if you can get 75-100 K, that would be market right now.


KR Convertible...

My 1 of 1 Royal maroon KR vert sold at the MECUM auction in Oct 2006 for $220,00 buyers fee included. If I had it ready 6 months sooner....it may have hit $300,000. This is the car Pete Disher featured on his website called "Precious"

Same car today probably does not hit $200.

The market is weak for any car that is not perfectly documented, numbers matching, and color correct.

Good luck

 

I bought the one of one KR Convertible that 70Boss mentions. The car was rumored to be Shelby's Wifes Demo and it was the only one produced in that color! I eventually sold it to a Florida collector losing some $ just when the market started to correct. The market has definately adjusted but the good cars with solid provenance will always sell and bring a premium. The questionable cars or clones will stay down.

 

Driver quality cars (like the one that you describe) have taken a much bigger hit than the really premium cars. In the last 12 months the premium cars have gone down from 0-20%.

Driver's have gone down 25-40% depending on the condition, color and originality.

I'd estimate the car you describe is in the $70-90K range. Depends on a lot of factors. Anything six figures is dreaming.

 

I would say no more more then 90,000 but, I would take no less then 75,000.



I'm sorry in advance .