Always someone looking for one.........
https://reno.craigslist.org/cto/d/silver-city-1968-shelby-gt500-project/7661377565.html
Pat
$ 85,000.00 and another $ 100,000.00+ to properly restore it
and you will never have the original motor in it
and it will be worth a lot less then what you put in it
Plus 2 to 3 years of time
I guess an alternative point of view is needed 😉
Finding a good car with a good body is not going to be easy. I am not sure what the low price end is on these, but Im pretty sure you're not going to find a car in the 60-70 range. So we are basically talking about $15k.
Stephen is 100% correct, if you are looking for a flip, this would probably be a flop. If you want a nice solid car, to keep it might be a good buy. If you were a painter even better.
Disclaimer, I dont know the seller and thats if his history checks out
Quote from: stephen_becker on September 16, 2023, 01:05:15 PM
$ 85,000.00 and another $ 100,000.00+ to properly restore it
and you will never have the original motor in it
and it will be worth a lot less then what you put in it
Plus 2 to 3 years of time
+ 1 reminds me of a burnt 69 shelby
In written and spoken language, there is a term, synonym.
A synonym is a word that is similar but not exactly the same as the originating term.
Here you could compare the term, flipper, re-seller, dealer. Are they exactly the same?
It doesn't really matter. What is being pointed out that when the total cost of returning this car to it's "original state" that at this point it will likely exceed the current retail reselling value it has to a flipper, a re-seller, a dealer? How significant is that? Probably only to a flipper, a re-seller, a dealer? So what's the problem with that if you are not into that project to make a profit on it?
Is making a profit on a re-sale restored even arrived at yet and should that be the determining factor in purchasing it now? Dealers definitely have a view and maybe it is simply at the probable final cost is not profitable to them, they should be entitled to purchase the car at a price they deem as profitable? Really? So why does that "entitlement" exist? No one is trading it in for credit towards one of their sales?
I think that is an argument going nowhere...fast.
Seems to me over the decades I have followed project cars most have sold for more than their perceived value(initial buy + Restoration cost= market value). Most buyers cannot afford a done car so they buy a project and work on restoring it as money comes available. Others see that by the time the car is done the market value will be higher(betting on historical values). With the work done already and if all the parts are there and the car being solid I'd think there would be a buyer near that price. The non matching engine does not bother me. The auto and saddle do though. Say I wanted one right now(I am waiting for same car but numbers matching/4 speed/black interior) I'd be contacting the seller for more info. I've bought a 68 Shelby as a basket case with body/paint done and I felt that was a plus over a driving car ready to be torn apart for resto. Someone cut a lot of hours out of the process.
Why can't pp/owners just leave a car like this alone and enjoy it is as a nice driver-and then put it up for sale in the same condition-would probably bring close to 100k. Way too easy-quick grab the wrench and start tearing her down...
Quote from: Survivor on September 17, 2023, 08:51:44 AM
Why can't pp/owners just leave a car like this alone and enjoy it is as a nice driver-and then put it up for sale in the same condition-would probably bring close to 100k. Way too easy-quick grab the wrench and start tearing her down...
I don't know why you would make that comment unless you know the exact scenario on this car before it was disassembled? There could have been a valid reason or a variety of reasons. Maybe missing the original engine could be a major clue. My friend had such a car out of a Airplane junk yard in Az. Very rare 69 SCJ R-code 4 speed 4.30 geared sportsroof in acapulco blue. Extremely solid but Az baked paint(none on top of car). Engine missing and sitting for years. Only answer at that stage was a resto.
Like what I'm assuming is the original license plate frame.
I believe that is the original plate frame. The car came from Hayward Ford. It was on eBay a while back
He's only 2 hours from me. Could knock on his door and offer money for the plate as mine is also Acapulco/saddle from Hayward Ford. ;D. plus would give me an excuse to buy gas for $1/gal cheaper by crossing into NV
Are you #816?
https://www.ebay.com/itm/335020423904?hash=item4e00c5fae0:g:OSQAAOSwupVj8Th3&amdata=enc%3AAQAIAAAA4K2uAKCrTjUvAmRu4AdPM299IWYzcCiQl79xokmJX2r3hlujxyjmsiaBsQywCdaBEuKqJUlkUIn6X1RkZ1G8Wz0%2F38I1uheij9ZmM6GzuermzEqwV84gOGoGcByejEo3C4gcxkRy0OkXqL02FeqGW7Z1NaFvYLKJ3JELLbzb%2FA21fF7IMGpkJ6lnMSOZoDI1M714ee%2F007%2B2lCRXgwqvIE97rF68T%2FeDPVCxLpt0YNZiPwqnPCnMsFFA3g3%2BWK9uc1nRn3dSmmZOAxXt1zQ6YMN56vNOZHhvU3OIvoZA%2BkWl%7Ctkp%3ABFBMsN3-wNRi
Or if you knew your salesmens name this one would be most impressive
https://www.ebay.com/itm/166301847478?hash=item26b85ccfb6:g:sPsAAOSwvlBkkx8Q&amdata=enc%3AAQAIAAAAwJ7ubcZ6zGVRqOC4BVZ0hpZFWBcCBWGA1CwoAyAYGH8Pl7gWDKaGd0N08tvhM20siWDDy2wdeay%2BVeHuXumInSS49lDnChq81hafFOwDRvLcpBm%2F20JaQAN2nCBjnXxDqorxuY%2BPBLaQ8JvthvGENYDKa3JIHarnnQwmk8433CikPTr9ri9GQZk%2BHQD0a%2Fvs4UWy4LS%2Fq0JAPjrgAXykLjmGJOvxyT3Ht7pZ6OWN8RriPMltThhINSxXXxeUzfMqBg%3D%3D%7Ctkp%3ABk9SR7Ld_sDUYg
Owner of #770 for 40 years
Unfortunately don't know salesman.
Thanks for the links !
The reason I ask is 815 and 816 were twins
Quote from: Survivor on September 17, 2023, 08:51:44 AM
Why can't pp/owners just leave a car like this alone and enjoy it is as a nice driver-and then put it up for sale in the same condition-would probably bring close to 100k. Way too easy-quick grab the wrench and start tearing her down...
Agree
Might be relevant to mention that in all likelihood the VIN or derivative stamp would have ben very likely on the head not block. Which is to say that unless we or the buyer get more information its hard to say for certain anything about matching numbers etc , blah blah
I don't know the car or seller and no dog in this debate but just presenting a "side" point of view .
I don't see where adding a "period correct" drive train to the car is a poor decision and out of the question and a death nil to it's value?
I think that only a person that is not experienced in that area or has their own motives would make a statement like that?
I suppose that point of view is kin to a religious fundamentalist that suggests it is only possible if you are God? Beats me?
Some of the highest selling 1968s of all time, didn't have their original engines. Not really a factor
Quote from: Coralsnake on September 18, 2023, 02:48:07 PM
Some of the highest selling 1968s of all time, didn't have their original engines. Not really a factor
There is something that I remember Kopec saying. Something to the effect of, "we always knew that these cars were special, just not the extent".
Quote from: Coralsnake on September 18, 2023, 02:48:07 PM
Some of the highest selling 1968s of all time, didn't have their original engines. Not really a factor
Indeed
Actually, was this car built in the time frame that they were stamping the partial vins on the back of the intake manifolds?
Quote from: SAM83 on September 17, 2023, 12:45:18 PM
He's only 2 hours from me. Could knock on his door and offer money for the plate as mine is also Acapulco/saddle from Hayward Ford. ;D. plus would give me an excuse to buy gas for $1/gal cheaper by crossing into NV
Mine too! 8)
I used to own #817 in the early 70's....Acapulco /Tan GT500....Metke Ford, Bellevue WA.... 8)
I chatted with the owner, he told me the original motor was gone.
The intake was a great suggestion though...
Quote from: Survivor on September 17, 2023, 08:51:44 AM
Why can't pp/owners just leave a car like this alone and enjoy it is as a nice driver-and then put it up for sale in the same condition-would probably bring close to 100k. Way too easy-quick grab the wrench and start tearing her down...
Hi there. As the seller of this particular Shelby, allow me to address that. This car was NOT a nice driver. Yes it ran and drove, and technically could have been kept on the road as such. But not many people actually enjoy driving around a very worn out, rough car that needs everything. Especially so when you have to pay high five figures for it.
This car had a 427 side-oiler with Cobra Jet heads and a Galaxie C6 with no reverse installed in it when my customer bought it. Original drivetrain long gone. Had a leaking head gasket, among many fluid leaks. Original carb, distributor, radiator, fan shroud all missing. Front end fiberglass badly damaged. Whole car totally worn out, suspension was ragged, interior was very rough with an absolutely shredded driver's seat. Windshield and back window leaked. And had typical California daily driver rust in the passenger floor and trunk dropdowns as a result. Had a poor quality exterior-only paint job at some point in its life, and the paint was just trash. Not in any way savable or "survivor" quality. I feel like the before pictures made that abundantly clear, but I can only assume people just aren't looking closely at them. This car was way rougher than anybody would ever consider a "survivor". Just because something runs and drives does not automatically make it a survivor. Believe me, I'm a big fan of leaving clean original survivors alone. This was NOT a candidate by any rational definition.
All that aside.. the original goal for the project was to build a "holy grail" type keeper for the owner.. a real Shelby, built his way. Lots of modifications to take advantage of lots of improvements in technology over the last 55 years. However, a superior car came along that immediately became the replacement holy grail: A Special Yellow four speed KR. We switched our focus to the KR, and this 500 suddenly went to the back burner. Well, fast forward a couple odd years, and the realities of timeframes and finished value meant the owner no longer wanted to finish this car.
The point made above about some folks not being able to afford a finished car is 100% true. It's a lot easier for some folks to hand over five figures and spend a few years working on it than hand over well into the six figure range for a properly finished car. But there's also the equally valid point that some people just want to build their own car. Either to build it the way they want, or to just know it was done right. So yes, as said above, projects like this usually sell for more than the sum of their parts - as this one just did today finally.
Further, sometimes the car you want simply isn't available finished. A car equivalent to the Special Yellow KR I'm building for him now simply does not exist in the market that I have seen. The huge majority are bone stock restorations, and that's not what he's looking for. So if you're going to build it your way, why start with a finished car? Conversely, why try to save $10-15k on the purchase price by buying a RUSTY bucket that will cost $30k just in metal work before it even enters the body shop? A lot of people don't make these calculations. The fact is that this car needs almost no metal work, which will save cost and time in the restoration process.
Quote from: Coralsnake on September 19, 2023, 05:33:32 AM
I chatted with the owner, he told me the original motor was gone.
The intake was a great suggestion though...
That brings up a good question, so I just looked at the back of the PI intake that was installed on it and there does not appear to be a partial VIN anywhere on it.
Quote from: Coralsnake on September 19, 2023, 05:33:32 AM
I chatted with the owner, he told me the original motor was gone.
The intake was a great suggestion though...
Also, to your point about original engines not being terribly important.. case in point, the deal I just worked out with the buyer does NOT include the "correct" replacement 428PI engine, but instead includes a 428CJ block and heads instead. We'll either keep the PI to use it in something else, or sell it. But it obviously wasn't that important to the buyer either.
Thanks for the updates
Be sure to contact Vincent with your updates
Vinman@infionline.net