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Yes, that is indeed all I wanted to do. As a newbie and certainly no expert on Mustangs let alone Shelby's I just needed some advice and not a bunch of unrelated bickering. Thanks to those that helped but let's move on and stop this. We are grown ups, let's start acting like some.

Not yet. I intend to contact the seller back this week armed with the information I have learned and see where we are at. I will let all know. Thanks to everyone's help so far.

I have never rebodied a restoration and have no intention of starting that. This car is not all that bad compared to some we have restored.

I have gathered enough information about the car and will likely schedule a meeting with the owner next week and see if we can come to a deal. Not likely as we are pretty far apart. If not I will likely try and find a buyer for it and make a small fee. I am just too anal about my restorations and will be in it for way more money than the car is worth. Unlike some people I just cannot cut corners on my restorations but I pay for it in the end. My last personal restoration was over 2200 hours and $200k (including my labor) and I just cannot do that again. I greatly appreciate all the advice and help I have received so far.

Radiator, shroud, air cleaner and snorkel all there.

Needs lots of bodywork. Per original post, it is a White car. Was painted red 40 plus years ago.

I own a high end restoration shop so that is not an issue at all. However and that being said, my time is worth money so I have to keep that in mind in the overall picture of the restoration. I am thinking very easily $100-125,000 including parts and labor for the restoration back to concours correct and that makes me VERY nervous especially with a non original short block.

This is my first post here so go easy on me. After flowing up on a lead I stumbled across a 68 Shelby GT500KR over the holidays in my travels and need a little help and advice. I will give a description with the hopes that some of the more knowledgeable Shelby people can tell me what it may be worth. I have my thoughts but am just not up on these enough to know for sure and would like to make an educated decision before I pull the trigger. I was able to convince the seller to let it go but as of right now the seller and I are a LONG ways off on value. He has owned the car for 37 years.

It is a 63B 2+2 Fastback with luxury black interior.
Color is M or White
Trim is 5AA
Build date is mid year 1968
Axle is H for 3.50 Traction loc
Trans is 5 or Toploader 4 speed

The car is completely disassembled, needs quarters, doors, fenders, firewall repair at the pinch welds, outer wheel houses and some floor pan work. Torque boxes are iffy and I was really not able to get underneath the car to see how bad it was but will consider it to be like the topside of the car. For reasons unknown, the rear side marker reflectors were bondo'd closed. The Shelby VIN plate is intact and in good shape and still attached to the fender apron though the drivers side apron has been replaced so this is laying loose. On the bottom side of that apron I can make out the VIN and it matches the car.

The engine (short block) is not original and is a 66 428 A scratch mark and not the original 428CJ C scratch mark that would have come in the car. It has a complete running (as of 8 years ago) engine minus the smog. The Holley carb is correct but is a 1976 over the counter unit with all the correct Ford numbers but the date is incorrect. Intake is the correct C80OE-9428-C cast iron unit.

The transmission is original as I believe is the rear diff. It also for some odd reason has the 67 Shelby wheels on it and not the correct 68 wheels.

The original Lucas running lights are with the car.

This car will need a COMPLETE nut and bolt restoration with much of the sheet metal needing to be replaced. The interior is all there but not sure how much can be restored vs having to be replaced. The Shelby console is there but has a small dent in the vinyl from one of the interior panels laying across it and I am not sure that will come out.

The seller has given me a price but I believe it is worth about half of what he is asking or less in all seriousness which is why I am here asking. Any help based solely on my description would be much appreciated. I will not post the VIN number at this time as I do not want to lose the possibility of buying the car.
Thanks for any help and opinions.
Rick