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$72,850.00 For a Re-bodied Shelby

Discussion in '1965-1970 Shelby Mustang GT350 & GT500' started by BillH, Nov 22, 2005.

  1. BillH

    BillH Well-Known Member

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  2. daltondavid

    daltondavid Well-Known Member

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    I do not understand it, but in reality they are getting $157,000 for the ones made at Unique performance!! Re Tagging a Car is kind of sacreligious......! PT Barnum had a saying for people like the buyer of this car. Shelby Fever Rages on!!!! and so do the prices!!!
     
  3. TLEA

    TLEA Well-Known Member

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    I wonder if the other black Hertz in the backround is legit. Interesting he claims not to know a lot about them with 2 in his garage.
     
  4. zrayr

    zrayr Well-Known Member

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    is it possible that the buyer just doesn't understand that a rebodied car will always be worth less?

    Z. Ray
    6s1117
     
  5. BillH

    BillH Well-Known Member

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    The ad states, and from what I have been told he was also informed before he bought it that is was a re-body. I don't think anyone sat him down and explained just what are the issues with a re-bodied car.
     
  6. zrayr

    zrayr Well-Known Member

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    it may not sink in (buyers remorse) until:

    1) he joins SAAC and begins to have conversations with other Shelby owners

    or

    2) he wants to immediately flip the car for a profit & finds buyers aren't plentiful

    Z. Ray
    6s1117
     
  7. daltondavid

    daltondavid Well-Known Member

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    He can always contact the under bidder so long as it was not the sellers friend....... :noway:
     
  8. Tout

    Tout Well-Known Member

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    I happen to buy a Ford truck from a salesman that at one time owned Neily Ford in Ottsville Pa,his name is Marv Neily and is still around the area. He happen to be one of the areas Shelby dealers and in talking to him he had alot of information on the Shelby's, but what struck me was the fact that he was in charge at one point in getting rid of the Hertz renta cars. He said he was told to put cars together from the assortment of what was left.There are quite a few Hertz cars that are pieced together from what was in the yard, engines, trans, and even front clips.It would be interesting to see how many Hertz cars are totally correct ,when buying a Hertz do your homework .
    Tout
     
  9. BillH

    BillH Well-Known Member

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    My first introduction to Shelby’s was in 1967. The general manager at the local Ford dealership bought six GT-350 Shelby's from the Seattle Hertz office. One of those cars is still here, owned a good friend. Besides the stories of Hertz cars being rented and raced on weekends, there is a story of a number of Hertz cars being rented and returned without the HiPo engine. Apparently who ever rented them swapped out a LoPo 289's. Having to piece together cars would not surprise me and I don't think it would have much effect on the value. That all stops when talking about a re-bodied car.
    Years ago, a friend who was a noted Cobra and Shelby restorer told me about a guy who brought him a 65 GT-350 for a restoration bid. The car defined the term "rust bucket" Besides everything that would unbolt, it needed floors, quarter panels, rocker panels and extensive roof repair. The bid on the body work alone was astronomical. The owner insisted on a re-body using a non-hipo fastback. My friend passed on the job.

    Hypothetical case: You have a 66 Shelby that needs a new body, and you want to do it right. You start out with a HiPo tub. (They were different than regular fastback Mustangs). You cut the front end off the original car and weld it on the new one. Done in such a way as to be almost impossible to detect. Home free? No way. There were a number of holes drilled into all Mustangs that were not drilled into the Shelby's at the factory. They are virtually impossible to plug without leaving evidence of repair.
    I asked Howard Pardee if there was any way someone could re-body a car and be able to pass it off as an original with certainty. He told me it would be IMPOSSIBLE to get it by "someone who knew what to look for" (namely, himself).
    The one over riding factor: A re-bodied Shelby is nothing more that a Mustang with Shelby parts. A re-bodied car NEVER went through the Shelby American plant and that trip, whether it was in Venice or West Imperial Highway, makes all the difference in the world as to the value of the car.
     
  10. Tout

    Tout Well-Known Member

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    At least the seller is being upfront on what this is, I wonder if the bidders know what they are bidding on? What does a car that is correct go for and should the car sell for what a clone goes for or higher because of the VIN and title?
    Tout
     
  11. Douglas Dircks

    Douglas Dircks Member

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    Sure would be nice to own that garage!
     

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