Price of a nice 65-350 in 1990-1991

[Bigfoot]

US economy has a very small recession during 90/91. I remember buying a new Fox LX 5.0 for an amazing deal. But what if I could have afforded a 65-350.
How much would it have been?
We can expand this plus or minus a year or so.
Anyone know?

[Rickmustang]

Sold mine to Bo in 1989 or so for about $14k. Bo will tell us the exact date and amount I'll sure!

[texas swede]

Hi Rick,
I bought 5S275 from you in February 1988 for $13k.
Texas Swede

[NC TRACKRAT]

Prices started to ramp up in the 1990-1991 timeframe. A very nice #2 GT350 could be bought from a dealer for $30-$35K, from an individual for a little less.

[Bob Gaines]

I wonder if it is prudent talking about possible individual capital gains on the forever internet? I suppose it doesn't matter given nobody would ever consider selling their pride and joy.

[Shelby_r_b]

Great thread and extremely edifying. 👍🏻

[GT350Lad]

Hi Rick,
I bought 5S275 from you in February 1988 for $13k.
Texas Swede

Wow, it really shows these cars are a true blue chip investment but hey most of us here never will sell
Cool thread

[pmustang]

I remember a fantastic unrestored 65 with patina for miles and Shelby build sheet. Offered to me from a deaoer just after it was collected for them by Orlando  Mustang for $26500.  Wish I could remember the year.

[Coralsnake]

Yes I would say good investment

20k in 1990 is almost 40k today

[chris NOS]

OK ,lucky guys who bought them then !!  but what about paying 350 000 for the same car in 2013 and value in  2033   with the car-bashing area we are entering now ,full electro mobile time coming,  i m really not sure it will stay like a blue-chip investment !!!!
i m scared it will be even hard to buy gas to keep driving them in europe !
I love my car so , i ll enjoy it as long at possible and hope it keeps value !

[GT350Lad]

OK ,lucky guys who bought them then !!  but what about paying 350 000 for the same car in 2013 and value in  2033   with the car-bashing area we are entering now ,full electro mobile time coming,  i m really not sure it will stay like a blue-chip investment !!!!
i m scared it will be even hard to buy gas to keep driving them in europe !
I love my car so , i ll enjoy it as long at possible and hope it keeps value !

Yeah I agree, hard to know what the future holds for these cars. The young kids these days don't have the passion (there are exceptions). Time will tell

[Bigfoot]

Probably a good deal higher in the future.
I was kinda wondering could I have bought a 65-350 for the same money I spent in late 90 on the LX.
They were like 14k but I got it for 11.7 out the door brand spankin new.
Pretty sure that was including tax and plate.
Basic interior with power windows and AC package . Stick

[Bigfoot]

Sounds like I probably could not have bought a nice one but maybe be a decent running example if I had a couple xtra bucks ,....which I did not.

[camp upshur]

A solid 65 driver, 1974-1975, could be had for $3500~. The LA Times, then, and for many years after, had a 'Shelby' section in the regular classifieds including many Cobra drivers. R model GT-350s were very hagged out from club racing, autocrossing and cumulative damage did not command a premium, I shopped some which were totally thrashed, thinking 'who in world would ever want this?'
There are members on this board who bought 65's for less than $500.

[Side-Oilers]

I bought my KR out of an ad in the LA Times in 1982...yes in the Shelby section.

$7250 was a high ask for a KR, back then, but I really wanted the car and immediately went to see and drive it.

A P.O. had installed a very healthy stroker 427, even though the ad said "Fact 427", of which we all now know there were ZERO of, in 1968.

$7250 was about $2,000 more than I had at the time, but thanks to a loan from my grandmother I pulled it off.  My dad thought I was nuts for paying that much for "an old Shelby" and wouldn't loan me a dime.  Hence, the call to benevolent grandma!  Eternal thanks!!

Still have the clipping...