Price of Vintage Shelby Mustangs

Re: Price of Shelby Mustangs

basically easy to figure. limited supply, increasing demand. Now the interesting question would be, "why is the demand increasing" ? The answer is the sum of many factors, not simply one thing.


Z. Ray

 

Re: Price of Shelby Mustangs

ZRAYR is correct. Limited supply and a good demand. Keep in mind there is also a difference between asking and selling prices. You can ask $250,000 for a KR, but good luck getting it today.

 

Not sure if I would narrow my search too much (larger net catches more fish

But if there are features you need or want (automatic, AC......) or if there is a body style or type that you don't want ... start there.

There is also a giant jump from a project car to an original "numbers matching" car. So get educated about what each means and buy the car that fits you. Just had a buyer purchase a rust free, original sheet metal, 68 500 with a non-original engine (rebuilt suspension, fairly new part - reports that it drives great) for under $60K. So figure out (besides what year and model) what level of car your focusing on (but continue looking at everything - and that great buy)


In general prices are creeping (sometimes falling) backwards but be careful. Like moments where the prices are running upward people get in too much of a rush to buy and can get hurt.

Your distance and location (unless you going to buy one over there) is a negative many times and you will need to find someone you can trust to inspect, ship and handle all the paperwork (if you buying in the US) This is often a number of different people.

Good thing it that this is done all the time and the taxes and such are allot better than they were in the 80's (for example)

Look at allot of cars and get a good one - good luck

 

In a declining market (like now) the clones will drop faster than the real thing. Personally I think that the market is just about glutted with clones and it will get worse because I know a LOT of people with partially completed Eleanors.

A decent looking 67 GT350 driver just sold on ebay for $71K. A year ago that would have been a $90K car easily. Prices are all over the place right now because nobody knows what one is "worth" but if you find someone that really needs to sell you can get a good deal like the one described in the earlier post.

 

I would not get too detailed about a list (only about things you could not live with) again so that you can look at as many possibilities.

I would think (since you are looking at resale) that you must stay with a manual trans car considering where you are located (found automatics are much difficult to sell over there)

There was a couple of 67 GT350's at Mid America in the less than $70K region last weekend