Uploaded by rkmotorscharlotte on Dec 9, 2010
Did you happen to catch the Milton Robson auction in Georgia back in November? This auction of top notch, investment grade cars best summarized the classic car market in 2010. Namely, the best cars are bringing record money. Many were surprised when Robson's 1970 Shelby GT500 Convertible brought $368K, but not us. After all, we sold a 1967 Shelby GT350 Paxton supercharged car earlier this year for $240K, followed up by a 1967 Shelby GT500 automatic for $160K, not to mention a 1968 Shelby GT500KR Convertible for $275K. Anyone who thinks that investment grade cars are dropping in value (we hear it all of the time) are probably the same guys telling you that you were nuts to buy gold at 700 bucks an ounce.
The words "investment grade" don't even begin to describe this 1967 Shelby GT500. With its original 428 and 4-speed, a ton of documentation, and a concours-grade restoration, this car was the pinnacle of Ford performance in 1967 and remains the pinnacle of Ford collectability today. As a '67, it was built by the guys at Shelby American in Los Angeles, not in Detroit by Ford, which was the case after 1968.In 1967, it was the fastest, nastiest, most expensive snake you could buy, and that's still pretty much true today. Expensive? Re-read the first paragraph in this article and you decide. But it is very likely one of the most documented Shelby Mustangs on the market today and you will search high and low for a more investment-worthy example.
Shelby GT500 number 02110 was delivered new to Jack Loftus Ford in Hinsdale, Illinois, and still carries all the original order information, invoices and receipts. Recently restored to better-than-new condition throughout, it represents an incredible opportunity to own a thoroughbred. Paint and bodywork are show quality, befitting a car of this caliber. The fiberglass pieces fit properly, including the rear decklid spoiler, which is always tough to work with. Shelby upgrades included the hood, nose, and rear deck, and all those pieces are in spectacular condition. The bright red paint has been finished to levels that would make workers at Rolls-Royce envious, and the white stripes have been properly painted on and are not decals (which, while not original to this particular car, were a popular modification when the car was new). Along the rockers, correct GT500 stripes and call-outs have been installed as original.
With documents, its original drive-train (a big block and a 4-speed), and a spectacular restoration, there aren't any reasons NOT to buy this Shelby. No excuses about how you really wanted a 4-speed, no hemming and hawing about maybe you'll wait for a red one, THIS is the right car. Now is the time to move correct, documented, and freshly restored, its value is well-established. If previous trends are any indication, this one will continue to inch its way up the value scale, making it the ideal car to invest in today. Shelby Mustang values are as blue chip as they come, with international demand, and transaction rates have been strong. Good Shelbys always find new homes, and this one is one of the nicest ones available anywhere. Make a move before the market does (it already has!) and enjoy the stability that comes from a blue-chip investment. Call us today!
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- rkmotors
- rk motors charlotte
- classic cars
- muscle car
- auto
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- vintage
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- high performance
- 1967
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How can you hate Mustangs? Best muscle cars ever made.
MrCleanPolo 1 month ago
Puffs out a lot of oil for a 275K restored car.
GerryK61 1 year ago
Investment, uuugh! Cars were born to drive and one's like this were born to drive HARD! Take it out everyday, beat on it, enjoy it on the road; not sitting in a tomb. Remember you can't take it w/ you and on your dying bed smile that you drove a '67 Shelby like it was meant to.
MisterLeadFoot 1 year ago
I hate Mustangs. but I would Rock this hard!
13slot28 1 year ago