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Fair Price 1967 GT500

Discussion in '1965-1970 Shelby Mustang GT350 & GT500' started by tommyleea, Jan 27, 2007.

  1. Jan 27, 2007 #1
    tommyleea

    tommyleea Well-Known Member

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    I know this is a difficult question to answer, because it's worth whatever the buyer will pay, however; I have a 67 GT500 that I purchased in 1973. It was in storage until 1998. I had to go thru the engine because head gasket leak. Just standard rebuild, nothing fancy. It has 45,000 miles on it. A good driver. I have quite a bit of history on the car, but for now it was repainted around 1970. Original interior and in good shape. It is all there. I believe that 150,000 is a fair asking price for this car. I have been told by an interested party that it is worth 100,000. Opinions??:blink:
     
    tommyleea, Jan 27, 2007
    tommyleea, Jan 27, 2007
    #1
  2. Jan 27, 2007 #2
    Michael

    Michael Well-Known Member

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    Re: Fair Price

    Can you post some pictures? Does it have any rust issues?
     
    Michael, Jan 27, 2007
    Michael, Jan 27, 2007
    #2
  3. Jan 27, 2007 #3
    TLEA

    TLEA Well-Known Member

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    Re: Fair Price

    I'd say its worth about $5000 but since I'm a good sport I'll give you $10,000. Seriously unless it has any major rust issues and mostly original I'd say you are closer than he is.
     
    TLEA, Jan 27, 2007
    TLEA, Jan 27, 2007
    #3
  4. Jan 27, 2007 #4
    cougar

    cougar Well-Known Member

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    Re: Fair Price

    Answer the questions and post some pictures and maybe, just maybe somebody here will want to buy it.
    Frank

    [​IMG]
     
    cougar, Jan 27, 2007
    cougar, Jan 27, 2007
    #4
  5. Jan 27, 2007 #5
    Charley

    Charley Well-Known Member

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    Re: Fair Price

    I would like to know more about the car but a good color, condition, 4 speed etc, would be 150K at least.
     
    Charley, Jan 27, 2007
    Charley, Jan 27, 2007
    #5
  6. Jan 27, 2007 #6
    mherman2

    mherman2 Well-Known Member

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    The interested buyer has HIS best interests in mind, not yours remember that. What original documentation do you have on the car?
     
    mherman2, Jan 27, 2007
    mherman2, Jan 27, 2007
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  7. Jan 28, 2007 #7
    tommyleea

    tommyleea Well-Known Member

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    I don't want to mislead you on this car. It is not restored. Body is solid, and goes down the road good. I do have the owners manual with the original purchaser/salesmans business card. I did go visit him in the Shelby a few years ago. That was neat. I did verify the numbers with SAAC. Car was delivered to Bob Schukei (sp) Ford in Mason City Iowa. His sticker is still on the inside of the trunk. Bob Elthon ordered the car originally, and was a salesman at the dealership. He opened his own dealership in Charles City Iowa...Bob Elthon Ford. He retired a few years back. I tried to get a picture posted, but no luck...all I get is words...no picture..has to be an easier way. The car is an automatic..dark moss green..I will keep working on the picture thing. Cheers..OH..it does have the Z stamp on the vin tag...I can't believe there isn't someone still alive that actually put the Z there to verify what the heck it actually stands for.
     
    tommyleea, Jan 28, 2007
    tommyleea, Jan 28, 2007
    #7
  8. Jan 28, 2007 #8
    roddster

    roddster Well-Known Member

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    Why do I hate posts like this? Because it's about the money, not about whatever pleases you to do with the car. Do you need the money?? If so sell it. But since it's paid for, and you can wait a few years, you can only sell it for more then, meanwhile, enjoy the car.
    How much is it worth? I'd agree on the $150,000 point. Yeah, sell it to that guy for the $100,000 grand....and watch how fast he flips it. I hear low offers often for mine, and I just laught them all off. I'm having too much fun with the car.
    And, please tell me you have sent SAAC (ah, the SAAC registrar) your name with the vin number because he won't know anything new about the car...unless YOU tell him. New registry is due later this year. And IF you sell it, make sure you report THAT to the registrar too.
     
    roddster, Jan 28, 2007
    roddster, Jan 28, 2007
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  9. Jan 28, 2007 #9
    cougar

    cougar Well-Known Member

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    Send me your pictures and i can post them for you. Or just make the post with your picture effort and somebody can tell you why it isn't working. As far as the Z is concerned, the popular consensus is that it indicated that it was supposed to be an out board light car. However, if the car was going to a state that did not mandate the cars having the headlights spread farther apart, it may have been delivered with them as inboards.
    My email address is-- boss9@alltel.net

    Frank

    [​IMG]
     
    cougar, Jan 28, 2007
    cougar, Jan 28, 2007
    #9
  10. Jan 28, 2007 #10
    TLEA

    TLEA Well-Known Member

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    Lots of thoughts on this, most common being headlights. Personally I think there are too many exceptions for that, I believe it to be a quality control (inspectors) stamp.
     
    TLEA, Jan 28, 2007
    TLEA, Jan 28, 2007
    #10
  11. Jan 29, 2007 #11
    Joe Sikora

    Joe Sikora Active Member

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    There just aren’t many “good driver” Shelby’s left out there anymore. Any car that has been off the road since 1973 has a lot to offer as a benchmark for restoration. If the car is original enough to qualify for Survivor certification rather than a restoration candidate, it would be worth upwards of 50% more than a #1 condition restoration to the right buyer.
     
    Joe Sikora, Jan 29, 2007
    Joe Sikora, Jan 29, 2007
    #11
  12. Jan 29, 2007 #12
    Snakepit

    Snakepit Well-Known Member

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    Agree with Joe, if it is a nice unrestored example. Just have to find "that" buyer ... or they find you
     
    Snakepit, Jan 29, 2007
    Snakepit, Jan 29, 2007
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  13. Jan 29, 2007 #13
    cougar

    cougar Well-Known Member

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    Tommy sent me this picture of his great looking car.

    Frank

    [​IMG]
     
    cougar, Jan 29, 2007
    cougar, Jan 29, 2007
    #13
  14. Jan 29, 2007 #14
    1175

    1175 Well-Known Member

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    Very nice!
     
    1175, Jan 29, 2007
    1175, Jan 29, 2007
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  15. Jan 30, 2007 #15
    jbsteven

    jbsteven Well-Known Member

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    It's worth closer to 100k. I will wire you $110,000 in the morning. Just send details.
     
    jbsteven, Jan 30, 2007
    jbsteven, Jan 30, 2007
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  16. Jan 30, 2007 #16
    rshelby

    rshelby ShelbyForums Admin Staff Member

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    Looks great! :thumbsup:
     
    rshelby, Jan 30, 2007
    rshelby, Jan 30, 2007
    #16

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