If anyone on the list (or otherwise) has a 1968 GT 500KR fastback - must be an automatic - FOR SALE - please either call me or e mail me (off the list) with info Thanks Stephen (770) 900 5532 > > From: MHeroy@aol.com > Date: 2005/07/05 Tue PM 10:04:04 EDT > To: dwilcox1@charter.net > CC: shelbymustang@carmemories.com > Subject: Re: wow > > In a message dated 7/5/2005 7:46:29 PM US Eastern Standard Time, > dwilcox1@charter.net writes: > This car is blowing my mind for ?value?. Not at reserve yet at $77K for a > totally ragged out GT500. > > I have my nice GT500KR convertible valued at $60K for insurance and am > obviously way off track. No rust, good (not great) paint, new overhauled engine, > trans. Nice interior, etc. etc. Needs emissions for original look. > > Don?t want to sell, cause I drive it and have lot?s of fun, but in this > market it may be worth over $100K. Unbelievable. > > So when will the bubble burst???.. This can?t stay at that level. > > Just amazed, maybe all of you are used to this being in the business of > buying and selling, but wow?? > Dan, > > I'm in the same boat- underinsured on both of my Shelby Mustangs (moving to > fix that, though...) and more than a little stunned at what's happened to these > cars' values in the last few years. I don't want to sell either, because, > like you, I drive all of my cars. > > That said, you have to look at more than Shelby values, and, when one > considers the more rare Mopar's, are we really all that out of line? Now, if I could > only get the market to feel that way about my '56 Mark II and my '66 Lincoln > convertible, I might actually think that the collector world is a rational > market... Naah! > > Cheers, > Mike Heroy > CSX4045 > GT500 #841 > 67 GT500 #389 > 85 SVO > >
