Hello, I am new to the forum and looking forward to reading and exchanging information that will help me restore my 67 GT500.
Robin, thanks for the welcome note. As I mentioned I am currently restoring a 67 GT500 and have lots of questions. Do you own one or ever restored one before? I have restored a few BB 67 fastbacks but this is my first Shelby.
No, I have only restored a GLH-S and a CSX, but there are plenty on this site that have restored the GT500. We also have a couple of judges as members who always have great advice for those winning details. Good luck robin
What number is your car and when was it completed by Shelby? There are many mid model changes on the 67's. Good luck with your restoration and if you have questions, I am sure someone on here will know the answers. Meanwhile, here is some good 67 reading material. http://www.shelbyforums.com/forums/1965-1970-shelby-mustang-gt350-gt500/7130-1967-running-production-changes.html
Looking for help regarding louvered hoods. I'm restoring my 67 GT500 and I have an original 67 louvered hood and I'm trying to confirm if louvered hoods were ever installed in 67 on 67 Shelbys. My car is a non-air condition car. According to SAAC, louvered hoods were installed on 67 cars only in the 70s and usually because the car was wrecked. I'm sure I have read many times that 67 GT500s with air condition came from the Shelby plant with louvered hoods. Any help would be appreciated.
Here is a thread with some info on this. http://www.shelbyforums.com/forums/1965-1970-shelby-mustang-gt350-gt500/6565-factory-louvered-hoods-1967-gt500s.html
My car is #1224. I've had it since 2000 and began restoration on it a few months ago. I've learned quite a bit about the car. The metal stampings clearly indicate it was made in Jan. 67. The car shipped from the Shelby plant in April 67. I know the name of the original dealer but they're no longer in business. I also know the names of the 3 previous owners. I have copies of the original title and second title and some original paperwork. Of course I have the current title. I spoke with the 2nd owner a few years ago. I currently have a 67 S code fastback I fully restored a few years ago and when I got the licenses plate for it I got 1 GT 500. When my Shelby is complete I'll move the licenses plate to it. I have a lot of work ahead of me. I know because my factory black S code took me a solid year working most every night and every weekend. That doesn't include the 5 years I spent collecting original 67 parts before I stared the restoration.
is it the deal number or a clone car?? Both can be very very cool rides. I enjoy looking at them all. I do with people would stip putting automatics in the clones though...grrr!!!
Thats easy to say if you already had one before the prices went sky rocketing or you have very very deep pockets. Unfortunatly for the rest of us comoners it may be our only option. I have one but I am very clear to tell people that its not a numbered shelby car. I understand keeping the purity in the game but for true lovers of the sport we are sometimes cought in a catch 22 sadly.. Love to see some photos of your amazing Shelby sometime.. I will share my toy collection too. D
Like I said my son has a clone and both of us are proud of his finish product. And you're right....it is for me to say because I got my project 67 GT500 in 2000. And at current prices there is no way I could afford one these days.
Hey what do you think the value of the new Shelby 500s will fetch in the future...Have you ever read any opinions on this site about said topic... D
That's a tough one to answer Daryl. I wish I had a crystal ball. So I better stick with the cars I'm more familiar with. As for the 60's cars, both Mustangs and Shelbys have dropped quite a bit in resale value in the last year or so, however, I still predict an excellent future. Especially for the more rare ones. I have been fooling around with these cars for a long time and this is not the first time I've seen them drop in price. That's why you must be very realistic if you intend to build a clone car. If you build a clone using all Ford parts with a high-dollar paint job you most likely will never re-coop your investment. And that might very well be OK because driving these cars are big part of the fun. But, think of it as if you're restoring a coupe. If you restore a coupe to its original condition you will have as much money and time invested in it as you would restoring a fastback or convertible. There are exceptions to every rule, such as a K-code coupe....now that coupe is worth restoring.
I have been sticking with the toys that I believe will have some sort of value. It seems that with the slump in real estate I am seeing a bit of a rise in collectable car sales and values in my area because people can turn them. I bought a 91 Testerossa with 12,000 miles for 31K with some pretty rare options. Our 61 Corvette was scooped up for a very reasonable 35K Locally. I am always looking for new fun toys and had given thought to picking up a new Shelby GT500. I would like to believe value would increase on these cars.. But really... Bottom line.. I freaking Love cars and love to drive them each throughout the month on nice days.. That to me is what its all about... Value is second to the feel of owning and driving a classic new or old.... My Two Cents. Daryl
