When is a Boss 302 not a Boss 302? When it was a Trans AM race car sponsored by Ford. In 1969 the factory supported Boss 302 race cars started as base level 351Ws. A factory Boss 302 race car with race history is worth a lot more than any regular 351W Mustang. What about the 1967 GT500 Shelby Mustang that sold for over $200,000 in auction at B-J? It was not original color nor did it have an original engine. I use to think those restoration rules applied, but I'm not so sure those old school rules are necessarily that accurate any more. Are 1967 GT500 Shelbys going to fetch $80,000 and higher in 2007 when the new GT500 comes out from SVT for only $40,000? Or will decent 1967 GT500s be untouchable for under $100,000 after the new GT500 is released? I predict that the prices for 2005 Ford GTs will start topping out at the end of summer and start falling by the years end unless Ford decides to pull the production plug early on the Ford GT. Dan, in my opinion your car is a great Street-Track car. Work on the body a little and some fresh paint and it will bring the upper dollar amounts. I think we'd all like to see some pictures of it! Jim Seisser -----Original Message----- From: Ronald Robertson <ronald.robertson@sympatico.ca> Sent: Apr 15, 2005 7:18 AM To: speegle@pipeline.com, DB <danbelick@sbcglobal.net>, shelbymustang@carmemories.com Subject: Re: Shelby value opinions solicited Dan: The advice I have always followed is this. For a modified car (Shelby), take the normal selling price for it, then deduct the cost of returning it to factory condition to determine the fair market value. For example, if the 67 GT-500 in factory condition (driver) is worth $100,000 and the costs of returning it to such condition are $25,000, then the top price for it should be $75,000 (all figures for illustration only). But what that does not take into consideration is what the car is worth to you, the buyer, which may be more or less than the above figures. However, somewhere down the road, when re-sale comes up, those figures will be a good guide. Ron ----- Original Message ----- From: <speegle@pipeline.com> To: "DB" <danbelick@sbcglobal.net>; <shelbymustang@carmemories.com> Sent: Thursday, April 14, 2005 5:31 PM Subject: Re: Shelby value opinions solicited > Just one opinion of course. > > Not a car I would entertain for myself, not does it appear to be > something buyers that contact me are looking for. At the same time yes > there are buyers out ther for this type of car. > > Would not even try and guess on a value. Not much in the way opf sales to > basis an opinion on for me.. > > Good luck > > Jeff S > > -----Original Message----- > From: DB <danbelick@sbcglobal.net> > Sent: Apr 14, 2005 12:31 PM > To: shelbymustang@carmemories.com > Subject: Shelby value opinions solicited > > Hey there, > > Just sold my wimbledon 67 500, and just made an offer on another neat 67 > GT500. Unique in that it's basically a track car for the street. Has a > cage and package tray, with trick guages in stock bezel, but otherwise > stock interior. Has maier racing frame connectors, Konis, panhard rod, > big sway bar, willwood brakes, Total control A arms, 16 inch ten spokes, > and ...a big aluminum full tilt Shelby motor. Man this thing goes! Body > is straight, evidence of rust repair (drivers floor, needs trunk drops). > Paint is ok, so-so. What would you think it would be worth? Is it a car > any of you might want to own? > > all the best, > > Dan Belick > > > > ________________________________________ PeoplePC Online A better way to Internet http://www.peoplepc.com
My opinion and $1.50 will get you a cup of coffee but its a buyer and seller agreement. What is it worth to you? This conversation has been around for a long time. I use to get into friendly arguements with my local Mustang club friends over my two Mustangs. My 66 coupe is very modified. It was in continual process of tweaking and restoration at that time. Different motor, transmission & suspension from stock. Most of the group felt I should leave it pure stock. Why would I want a 2bbl 3 speed Mustang coupe and that obsolete steering and suspension? Seen one Mustang, forgive me for saying this, but... Afterall what was one of the key selling points of the Mustang? Order it like you want. Now on the other hand when I was restoring my 68 GT 350 I listened to them, didn't paint it black, stayed with Red, and left the car very stock, except for the motor and my Hurst shifter. I am now thinking of the total performance rack and pinon front end. And if I ever have to do engine work again I am replacing the motor with a new block and not rebuilding the old, probably go with fuel injection. Wouldn't it be something to have a double overhead cam and four valves per cylinder in a 68? Maybe a supercharger? I rebuilt the toploader a couple of years ago. In hind sight I wish I'd gone with a 5 speed. Would it hurt the value of my car? Do I care? Maybe someday I will. So, ok I'll keep the stock parts. Like Jim was saying, what will the new 2005 GT 500 do to the pricing of Real Shelby Mustangs (you know 60's cars)? If I was a new buyer and had a choice between a new state of the art best handling Mustang ever for say $40,000 or a real nice 1967 GT 500 full of old technology, handling that wouldn't keep up with a 6 cylinder 2005 Mustang on a track, a transmission you have to look to find parts to fix with no overdrive, bottomless pit gas mileage thirsting for premium+ gasolene, likely an old tired motor, not the most comfortable seats, etc. selling at a premium price OVER the new car, maybe 2X or more, which one would I choose? Or maybe behind door numbe three I would add a third choice, a 60's car upgraded like the pseudo Shelbys GT500E (not at those absurd prices though.) Old car body with new & updated everything. (I love my Shelby, had it for 20 years. But I prefer to drive my 3000 GT VR4. My Shelby has been to a lot of car shows. Would I drive it across the country, probably not. Would I put it on a track, nope. Would I take it to Texas for the Big Bend Hi Speed event, no way.) I think this is a good question I would welcome the group out there to respond. Is pure stock still the thing for these cars? Here is is my opinion and a $1.50, where is my coffee? I, too, would like to see some pics of this car? Is it a premium price over a stock car? If I had the bucks and liked the car and it was reasonable, I'd go for it. You can always argue the point to the seller that its not stock and should be discounted, might bite. The seller knows the modifications could hurt the value. Dennis ecj wrote: >When is a Boss 302 not a Boss 302? When it was a Trans AM race car sponsored by Ford. In 1969 the factory supported Boss 302 race cars started as base level 351Ws. A factory Boss 302 race car with race history is worth a lot more than any regular 351W Mustang. > >What about the 1967 GT500 Shelby Mustang that sold for over $200,000 in auction at B-J? It was not original color nor did it have an original engine. I use to think those restoration rules applied, but I'm not so sure those old school rules are necessarily that accurate any more. > >Are 1967 GT500 Shelbys going to fetch $80,000 and higher in 2007 when the new GT500 comes out from SVT for only $40,000? Or will decent 1967 GT500s be untouchable for under $100,000 after the new GT500 is released? > >I predict that the prices for 2005 Ford GTs will start topping out at the end of summer and start falling by the years end unless Ford decides to pull the production plug early on the Ford GT. > >Dan, in my opinion your car is a great Street-Track car. Work on the body a little and some fresh paint and it will bring the upper dollar amounts. I think we'd all like to see some pictures of it! > >Jim Seisser > >-----Original Message----- >From: Ronald Robertson <ronald.robertson@sympatico.ca> >Sent: Apr 15, 2005 7:18 AM >To: speegle@pipeline.com, DB <danbelick@sbcglobal.net>, > shelbymustang@carmemories.com >Subject: Re: Shelby value opinions solicited > >Dan: >The advice I have always followed is this. For a modified car (Shelby), take >the normal selling price for it, then deduct the cost of returning it to >factory condition to determine the fair market value. For example, if the 67 >GT-500 in factory condition (driver) is worth $100,000 and the costs of >returning it to such condition are $25,000, then the top price for it should >be $75,000 (all figures for illustration only). But what that does not take >into consideration is what the car is worth to you, the buyer, which may be >more or less than the above figures. However, somewhere down the road, when >re-sale comes up, those figures will be a good guide. >Ron >----- Original Message ----- >From: <speegle@pipeline.com> >To: "DB" <danbelick@sbcglobal.net>; <shelbymustang@carmemories.com> >Sent: Thursday, April 14, 2005 5:31 PM >Subject: Re: Shelby value opinions solicited > > > > >>Just one opinion of course. >> >>Not a car I would entertain for myself, not does it appear to be >>something buyers that contact me are looking for. At the same time yes >>there are buyers out ther for this type of car. >> >>Would not even try and guess on a value. Not much in the way opf sales to >>basis an opinion on for me.. >> >>Good luck >> >>Jeff S >> >>-----Original Message----- >>From: DB <danbelick@sbcglobal.net> >>Sent: Apr 14, 2005 12:31 PM >>To: shelbymustang@carmemories.com >>Subject: Shelby value opinions solicited >> >>Hey there, >> >>Just sold my wimbledon 67 500, and just made an offer on another neat 67 >>GT500. Unique in that it's basically a track car for the street. Has a >>cage and package tray, with trick guages in stock bezel, but otherwise >>stock interior. Has maier racing frame connectors, Konis, panhard rod, >>big sway bar, willwood brakes, Total control A arms, 16 inch ten spokes, >>and ...a big aluminum full tilt Shelby motor. Man this thing goes! Body >>is straight, evidence of rust repair (drivers floor, needs trunk drops). >>Paint is ok, so-so. What would you think it would be worth? Is it a car >>any of you might want to own? >> >>all the best, >> >>Dan Belick >> >> >> >> >> >> > > > > >________________________________________ >PeoplePC Online >A better way to Internet >http://www.peoplepc.com > > > >
Re: Shelby value opinions - vintage racers I wonder if the fact that it finished last at the vintage Shelby race at Nashville last year has anything to do with it ? At 08:59 AM 4/19/05, Tom Kubler wrote: >I'm sure many of you have seen it on eBay, a banana yellow '66 GT350 >vintage racer (6S2049). > >It was my observation for the longest while that 65-66s held their value >even when built as vintage racers, but this one hasn't even had so much as >a nibble in the number of times it's been listed. Has the market for >vintage racers become saturated? Has the time finally come where there's >more folks looking for street cars over... well... racers? Is there >something about this car my antiquated copy of the registry isn't privy to? > >Insights, opinions, and experiences? > >ToM kUbLeR > >6S296... maybe I'll drag it out to Tulsa... > > >Do you Yahoo!? ><http://us.rd.yahoo.com/my/navbar/sethp/*http://www.yahoo.com/r/hs>Make >Yahoo! your home page > >No virus found in this incoming message. >Checked by AVG Anti-Virus. >Version: 7.0.308 / Virus Database: 266.9.16 - Release Date: 4/18/05 Mike Greene TENA Website Curator Trideum Corporation 256.704.6113 No virus found in this outgoing message. Checked by AVG Anti-Virus. Version: 7.0.308 / Virus Database: 266.9.16 - Release Date: 4/18/05
