1966 GT 350 At 234K........Worth it?

said it before and I'll say it again...dealer looking to hit a home run with some guy walking through the door with money hanging out of his pocket and aching to buy a Shelby even it's not such a good deal... you need to look at private sales against dealers and average them out to get the real values. If you pay attention to dealers prices too much you'll get a skewed image of prices. Half the time these dealers sell purported "premium" cars, but have no idea what they're selling which usually winds up being a wrecked car of one with a colorful past....did you catch the fuel pump? That's right!! For 200+ K you too can own this shelby with the $25 NAPA fuel pump which is not even close to the original. At that price it should have a NOS 4201...but who's really looking anyway?

 

No! not to me anyway. The real joy I get out of mine is driving it. The current dollar value of these cars is keeping alot of them from being driven.

Larry

 

It wont be long until most shelbys will be living in glass cases overpriced by greedy dealers ! enthusiasts scared to drive them in case they damage thier shelby so less and less will be at your local car shows.The only people who would be paying top dollar for shelbys will be investors and not enthusiasts.

 

When this day comes.....the war will be done. the Clones will take over..
jimbo

 

Probably people thought that about 32 Ford Roadsters and original Cobras. If Tony Branda's business was to rely on original replacement parts for real Shelbys he would be operating out of his garage for 3 months then he would be out of business. I don't think that clones will ever be any where near as cool as the real deal..
BUT!!
jimbo

 

It's all ready happening. I went to the AER show in Dallas today. There is generally about a dozen in the vintage Shelby Mustang class. Today there was 8 in the class. Two were clones and one was a Elenore. I didn't stay for the awards, but I would be willing to bet some of the class award winners never saw the inside of Shelby American or A.O. Smith.

Larry

 

Vern, With a factor of between ten times and five times the price difference between a clone and a real car, .....and buzz words like "divorce forces sale of cars found in barn".. I wonder if the real culprit is someone who if fooling themself. I think the fraud in this business is 99% "number jobs that have been re-bodied for 30 years" and "one wrecked car producing two new ones", and 1% ......people trying to get an extra few grand out of their clone by not stating in the advertisement that this car is a "Total sleezebag rip off fake.... Shelby never touched it... Unless you are a complete fool do not come see my car"
Really,
jimbo

 

Vern,
I'm sorry you interpreted my post that way. I didn't intend to dispute your feelings, I was just adding to them. I have zero problems with clones, or the credit or lack of ...that they get. I just don't see them as in competition with real cars in any way.
jimbo

 

What you all are batting around is one aspect of clones. What about the new twist where ultimate restomods bring more than realdeals. I could not believe a c code 68 fastback with big horsepower and modern suspension and shelby fiberglass out priced a real 67 GT500 at the January BJ auction by 30 or 40 grand. ....and everyone knew what that car was.

 

I think there is a simple economic explanation. As time goes by they both become more and more rare, and the demand keeps increasing. In order to make a great 67 clone you need a great 67 fastback (still a damn nice car and investment).. A new Shelby was only 25% more money than a new Mustang. I would cost almost as much to restore a perfect 6 cyl automatic fastback as it would to restore a GT 350.
In my opinion it is not that the clones are keeping the prices of Shelbys down.. The mustangs are just slower to catch up in value. Shelby prices are more volatile. Who do you think would stand to make more money in the next five years. A guy with one perfect 250,000 Shelby, or a guy sitting on 10 perfect 25,000 C-codes?
Jimbo

 

I hope you don't really believe that.
Frank



Two 427 tunnel ports----------Two original 428's