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What is a 66 Shelby GT 350 worth?

  • Thread starter Thread starter fastdave
  • Start date Start date Jun 12, 2007
F

fastdave

New Member
Apr 19, 2003
144
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Chandler,AZ
Jun 12, 2007
#1
  • Jun 12, 2007
  • #1
Had a death in the family. Have a restoted 66 Shelby GT350 and a restored 66 2+2 GT fastback. Want to sell them both. How do I find out how much they are reallyworth so I can price them fairly?
 
S

SL 1993 R

Founding Member
Jul 18, 2002
287
1
0
California
Jun 12, 2007
#2
  • Jun 12, 2007
  • #2
You can do a recent auction search for prices. Ebay has lots of non sellers. If I was serious about getting rid of the cars, I would drag take them to the National SAAC meet in Utah in July, or the Mid America meet this week in Tulsa.

66 Shelby's have a wide range of pricing. The earlier cars and the Hertz cars seem to command a higher price tag. The combinations of color, and options can make or break a car. Modifications, or a non correct engine / tranny will hurt the price.

The market goes a little nuts around the time of the Barrett - Jackson auctions in January, and is now back to a real market. I would love to add 66 Shelby, but the time isn't right for me....
 

65fastbackresto

Active Member
Apr 13, 2007
1,229
7
39
AR
Jun 13, 2007
#3
  • Jun 13, 2007
  • #3
Here ya go

http://www.nadaguides.com/SectionHome.aspx?LI=1-28-0-5000-502-504-50005&l=1&w=22&p=0&f=5003.

If the link dont work just go to the NADA website, there is a classic car link, dont know how accurate this is, but its a ref point.

When I got my 65 Fastback, I bought it for about 2k less then fair market value, and I looked for about 5 months for the car.
 

ga289stocker

Member
May 23, 2006
238
0
16
Sugar Hill, Ga
Jun 13, 2007
#4
  • Jun 13, 2007
  • #4
As daddy always said " A car is worth as much as someone is willing to pay for it"
 

xoxbxfx

Founding Member
May 9, 2001
3,959
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0
Southlake, TX
Jun 13, 2007
#5
  • Jun 13, 2007
  • #5
just food for thought
http://cgi.ebay.com/ebaymotors/Shel...68QQihZ020QQcategoryZ6465QQrdZ1QQcmdZViewItem
 

chepsk8

Founding Member
Jan 15, 2001
2,203
3
49
Easton, PA
Jun 13, 2007
#6
  • Jun 13, 2007
  • #6
My sister lives there! She'll swap you her Acura! Just kidding!

I'm a national officer of SAAC, and work with many buyers/sellers, and can propbably give you a fair value of the GT-350, and most likely SELL it for you quickly, painlessly, and all you do is collect the money. Interested? PM or e-mail me. I will need pics and info about the car. MOST IMPORTANT - the Shelby VIN. I will make no promises until I can verify that. Way too much fraud out there, and a early GT-350 is easy to fake.

Many know me here, no BS, just a fair shake.
 

CraigMBA

New Member
Mar 24, 2007
783
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Orange, CA
Jun 13, 2007
#7
  • Jun 13, 2007
  • #7
Barrett Jackson or Christies.

Bad for you - now is not a good time to be selling high dollar collector cars since the real estate market has flattened out.
 

ratio411

Founding Member
Apr 21, 2002
3,870
73
109
Pensacola FL
Jun 13, 2007
#8
  • Jun 13, 2007
  • #8
xoxbxfx said:
just food for thought
http://cgi.ebay.com/ebaymotors/Shel...68QQihZ020QQcategoryZ6465QQrdZ1QQcmdZViewItem
Click to expand...

I think that early VIN 65 is much rarer and desirable than the car described in this post. It's got very low miles, a concors level pedigree on the restoration, etc...

No offense to the poster here, but "a restored 66 Shelby" doesn't offer a whole lot of info.
What one man considers a restoration could be seen as a hack job to another.
I have seen "restored" Stangs sell and heard the buyer immediately making plans for a total rotisseirie teardown! All the while complaining that the supposed restoration made for extra work. "Thank goodness they went down on the price."
 
T

tylerrocks

New Member
Oct 13, 2005
514
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0
Big Spring, TX
Jun 13, 2007
#9
  • Jun 13, 2007
  • #9
Total crap, they are worth 500 dollars a piece. I'll be nice and give 1250 for both of them!
 

BullittStangV8

Founding Member
Oct 5, 2002
1,104
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36
NJ
Jun 13, 2007
#10
  • Jun 13, 2007
  • #10
I've got some change in my seat cusions that I could give you for them.



Seriously I have no idea what they are worth.
 
C

chromedog

New Member
Jan 13, 2006
554
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worlds center for speed
Jun 13, 2007
#11
  • Jun 13, 2007
  • #11
on the 2+2...my nephew just bought one at the kruse auction, clean, california car.60,000 documented miles, 289 auto, pony interior, has been in a museum for 18 years. it needs SOME work, but not a lot, he paid 14,500. i would say he got a good deal, so if your 2+2 is a nice, correct resto,depending on the options, 18,000 - 20,000 wouldnt be unreasonable.
 
F

fastdave

New Member
Apr 19, 2003
144
0
0
Chandler,AZ
Jun 14, 2007
#12
  • Jun 14, 2007
  • #12
I took pictures of the car including the VIN. Too bad but the restoration of each was not the best just average. All numbers match, no modifications either. I do understand that I will have to take all of this into condersation when it does come time to sell. The mother in law is still dealing with his death so it might be a few months before she gets around to selling them. chepsk8 you will be hearing from me as soon as I get the vin off the pictures. I looked @ the other web sites to find the price of the 2+2 also and they were a big help. Thanks guys! I knew you would be the ones to ask for help.
 
S

SL 1993 R

Founding Member
Jul 18, 2002
287
1
0
California
Jun 14, 2007
#13
  • Jun 14, 2007
  • #13
There are actually two VIN's that you will want to know. The first VIN is the Shelby tag found in the engine compartment. This tag is held on by two pop rivets. The second VIN you want to know, is stamped under the Shelby VIN. Drill out one of the rivets, slide the Shelby VIN out of the way, and obtain the number that is underneath that. Take both those numbers and call SAAC with them. Rick Kopec usually keeps the VIN list closely guarded. With both numbers, he can advise you about the validity of those numbers, and if they match. Serious buyers will usually demand these numbers, but don't post the VIN number under the Shelby VIN, also known as the FORD VIN until a deal is pretty much hammered out. One deal had the check on the table, while Kopec was called. Keep the FORD VIN secret until you see the money!!!! Sometimes SAAC will tell potential buyers that you have called in to verify the car, and that you did have a real Shelby. Or you can make arrangements to call in at a certain time to talk with them. Part of the Ford VIN will also be stamped on the engine block, and on the side of the 4 speed trannies.

65, 66, and 67 Shelby VIN tags are easy to obtain and stamp, what preserves them is the cooresponding FORD VIN underneath, otherwise there would 6 or 7 times the number of Shelby's made on the road.
 
F

fastdave

New Member
Apr 19, 2003
144
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0
Chandler,AZ
Jun 14, 2007
#14
  • Jun 14, 2007
  • #14
I didnt know about the 2 vin's. It is actually a Shelby GT 350H. The guy bought it from Hertz and is (was) the 2nd owner.
 
6

68RCodeConv

New Member
Oct 2, 2003
345
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0
Houston, TX
Jun 15, 2007
#15
  • Jun 15, 2007
  • #15
Based on the info you have given (a "driver" restoration) and assuming that the VINS match and the car has not been cut in half or suffered any other serious damage then I would estimate the GT350H to be worth between $75K and $125K.

I know that you will see sales results for these cars around $200K but those are really, really nice cars.
 

BarnStang

Founding Member
Mar 2, 2001
1,260
3
39
Hagerstown, MD
Dec 7, 2007
#16
  • Dec 7, 2007
  • #16
If it's a real GT350H, paying to have it appraised by a professional classic car appraiser would be a good idea too. I bet chepsk8 could refer you to a reputable appraiser. Then you will have an appraisal report to back up the car. Never used one, just thought it might be a good idea?
 

Jester67

Member
Sep 21, 2004
908
1
18
TN
Dec 7, 2007
#17
  • Dec 7, 2007
  • #17
What’s with the moldy oldie?
 
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