'67 GT500 sells for $260,000 @ BJ

Discussion in '1965 - 1973 Classic Mustangs -General/Talk-' started by 65shlbycln, Jan 25, 2004.


  1. 65shlbycln

    65shlbycln Founding Member

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    The black gt500 sold for $260000 at the bj auction just tonight.

    I guess the attention that mustangs are getting is good, but man, thats an insane price....

    Still, more power to him if he can afford that.

    Glad to see there weren't any Eleanors up there :notnice:

    :flag:
    #1
  2. jcp123

    jcp123 New Member

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    geez...that's crazy stuff. there's some muscle car's i'd pay 100g's for, if i had it, but 260 is a lil bit ridiculous...
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  3. SadbutTrue

    SadbutTrue Founding Member

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    lol damn... coulda gotten the New Ford GT for that and still had plenty of money leftover for a really nice Boss 429 and pocketed tons of money heh.
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  4. The Hopkinator

    The Hopkinator New Member

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    That can be directly attributed to "Eleanor" , no doubt.
    After 60 Secs, 67 GT500's went through the roof . 260 grand was probably pocket change to that guy. If I had 4 or 5 mil , and not on paper, but actual funds, Id do it too. We have no chaps , but if I did, Id leave them really cool stuff as opposed to wads of cash...Im spending it.. :p
    #4
  5. SL 1993 R

    SL 1993 R Founding Member

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  6. Edbert

    Edbert Founding Member

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    I wonder if he'll take that real GT500 and make a fake of a fake out of it?


    sorry hop...it is just too much fun and too easy!

    :cheers:
    #6
  7. Edbert

    Edbert Founding Member

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    Agreed, but the black one was a 427 not a 428, that accounts for it being at least twice as valuable IMHO.
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  8. zookeeper

    zookeeper Founding Member

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    I believe the 427 in the car was aluminum also, and it was installed years and years ago, making it an incredibly rare engine. But the thing that got me about the car was the fact the wheels stuck out flush with the fenders (front and rear) and would definitely rub if it were ever driven! Sweet, nothing like that wonderful, high-school fender grind on a $260,000 car!
    #8
  9. TIGGER

    TIGGER Founding Member

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    Man that is high. I wonder what the story is with the car? I met a guy down in Reno a couple years back. He had a 67 GT500 with 18k original miles. He was the original owner. The car had an interesting story. He bought the car new and was harrassed by the cops because of his long hair. Being discouraged, he parked it in the back of his parents house for a couple years until he moved to Hawaii. When he moved he put the car in storage somewhere in downtown LA. His friend, who owed him money, was to pay the storage fees while he was away. This was in the late 60's early 70's. The guy did not return to California till 1991 when he came back for a convention. One evening he decided to see if his car was still there. To his amazement it still was. Shortly after, he got the car out of storage and had it restored. He owned it till the end of 2002. The car was repainted, but everything was there and like 98% original. Only NOS parts were used when needed. He even had the tires and original battery put away. I was told he put the car up for sale because he wanted a Boss 429. He listed it on Ebay and got only $62,000. I thought that was a steal considering it was all Ford, no reproduction pieces. I felt it should have fetched a hell of a lot more than 62K? I wish I could have afforded it. Needless to say, I didn't see him at Hot August Nights last year with a Boss 429 :(
    #9
  10. SL 1993 R

    SL 1993 R Founding Member

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    yeah,, I didn't care for the wheels either,,, according to the registry, the car was an original 428 car,, it is my understanding that the engine in the car now, was one of the aluminum block jobs that CS has been selling for the last couple years.. you can still order them from him if you want to put it in your car too! the motor is what, 15g or so,, here's a link about the motors available

    http://www.carrollshelbyent.com/engine_about.cfm

    someone sure wanted that car bad...
    #10
  11. RGS0907

    RGS0907 New Member

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    I must have missed THAT one. I even tape the damn thing & fast forward through it :lol: My family & friends think I'm nuts.. Was there something special about this one?

    What surprised me was the non-origional cars that went for big bucks. Like the Challenger with the viper drivetrain... Nice, but not a high $$ collectable.
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  12. RGS0907

    RGS0907 New Member

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    Well, I went back to my VCR tape & found the '67 auction on it.. It was a really nice early 67 with the inboard driving lights... But it was a resto and as was posted here, with a new Shelby aluminum 427 FE engine... Brock Yates and the other anouncers liked the car but didn't have much to say about it..

    I can't imagine how a non-original drivetrain restored car could command such a price! The first day of BJ, there was a '67 that only went for around 50K... What gives?
    #12
  13. 65shlbycln

    65shlbycln Founding Member

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    I guess the fact that it was owned by a famous racer in the 60s may have something to do with the price.
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  14. The Hopkinator

    The Hopkinator New Member

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    I Know I know.. :D

    Ill bet if he did though , it would be worth 400,000!!
    Think of it !! Oh My GOD !! One of THREE REAL 1967 Shelby "Eleanors" !! WOOOHOOOOO!!!!! :banana:
    #14
  15. SL 1993 R

    SL 1993 R Founding Member

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    heard that the new owner of the black 67 GT500 is the owner/president of "Dell Computers" The car was suppose to of been "driver" quality when you got up close to it..
    #15
  16. Edbert

    Edbert Founding Member

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    FYI...

    Top Seventy Five Sales
    Lot # Year Make Model Sale Price

    682 1938 LINCOLN ZEPHYR V-12 COUPE STREET ROD $432,000*
    700 1955 MERCEDES-BENZ 300SL GULLWING $394,200
    694 1955 MERCEDES-BENZ 300SL GULLWING $367,200
    699.1 1951 ALLARD J 2 CADILLAC LE MANS RACECAR $324,000*
    697 1937 CORD 812 SUPERCHARGED PHAETON $324,000*
    693 1957 MERCEDES-BENZ 300 SC ROADSTER $315,900
    712 1967 SHELBY GT500 FASTBACK $280,800*
    702 2001 FERRARI 550 BARCHETTA $271,080
    692 1932 CADILLAC 452B V16-DUAL-WINDSHIELD ALL-WEATHER PHAETON $270,000
    677 1955 CHEVROLET BELAIR CUSTOM SPORT COUPE $226,800*
    685 1988 CHEVROLET CORVETTE CALLOWAY 'SLEDGEHAMMER' $221,400
    687 1997 CALLAWAY C7R GTI ENDURANCE RACE CAR $216,000
    733 1970 PLYMOUTH HEMI CUDA COUPE $216,000*
    705 1953 CHEVROLET CORVETTE ROADSTER $210,600*
    703 1967 CHEVROLET CORVETTE 427/435 L89 CONVERTIBLE $210,600
    706.2 1936 CORD 810 ROADSTER $201,960
    736 1936 PACKARD SUPER 8 CUSTOM 2 DOOR RUMBLE SEAT HOT ROD $194,400
    726 1970 PLYMOUTH HEMI SUPERBIRD 2 DOOR HARDTOP $194,400*
    684 1991 CHEVROLET CORVETTE CALLAWAY ZR1 SP $189,000*
    713.1 1937 FORD WOODY WAGON $183,600*
    704 1935 DELAGE D8-85 CABRIOLET $178,200
    641 1970 DODGE CHARGER R/T HEMI COUPE $170,100*
    683 1969 CHEVROLET CORVETTE L-88 CONVERTIBLE $169,560
    647.1 1932 FORD ROADSTER HOT ROD $167,400
    652 1970 PLYMOUTH HEMI CUDA 2-DOOR HARDTOP $159,300*
    679 1965 SHELBY GT350 S.R. FASTBACK $151,200
    708 1949 FORD CUSTOM SEDAN $151,200
    675 1941 WILLYS AMERICAR COUPE $151,200
    657.1 1963 CHEVROLET CORVETTE F1 SPLIT-WINDOW $148,500*
    421 1967 CHEVROLET CORVETTE 427/435 CONVERTIBLE $145,800
    706 1965 SHELBY COBRA ROADSTER $145,800
    639 1969 CHEVROLET CAMARO COPO RS COUPE $142,560*
    690 1971 FERRARI 365 GTB/4 DAYTONA SPYDER CONVERTIBLE $140,400
    691 1932 AUBURN 8 100 A CUSTOM CABRIOLET $140,400
    698 1936 AUBURN 852 SUPERCHARGED CONVERTIBLE $140,400
    670 1955 CHEVROLET NOMAD CUSTOM WAGON $140,400*
    679.1 1965 SHELBY COBRA 4000 ROADSTER $137,700
    735 1952 SIATA DAINA GRAN SPORT ROADSTER $135,000
    676 1967 PLYMOUTH HEMI SATELLITE CONVERTIBLE $135,000*
    688 1931 CADILLAC ROADSTER $135,000
    708.1 1932 FORD MODEL B ROADSTER HOT ROD $131,760
    667 1967 CHEVROLET CORVETTE CONVERTIBLE $130,680
    680 1967 CHEVROLET CORVETTE 427/435 CONVERTIBLE $129,600
    713 1948 FORD WOODY WAGON $129,600
    675.1 1942 PACKARD 160 CONVERTIBLE $129,600
    646 1956 DUAL GHIA CONVERTIBLE $127,440
    668 1970 FORD MUSTANG BOSS 429 FASTBACK $126,900
    985 1970 PLYMOUTH BARRACUDA 'HEMI CLONE' CONVERTIBLE $121,500
    711 1970 MASERATI GHILBI SPYDER $120,960
    439 1969 CHEVROLET CAMERO Z28 COUPE $120,960*
    459.1 1967 CHEVROLET CORVETTE 427/435 COUPE $120,960
    6500 1959 CHEVROLET CORVETTE CONVERTIBLE $118,800
    686 1997 CHEVROLET CORVETTE CALLAWAY C12 COUPE $113,400
    459 1967 CHEVROLET CORVETTE 427/435 CONVERTIBLE $113,400
    672 1956 LINCOLN PREMIER CONVERTIBLE $113,400
    732 1965 SHELBY COBRA 4000 SERIES ROADSTER $113,400
    404 1958 CHEVROLET IMPALA 283 FI $112,320
    411.1 1956 CHEVROLET BELAIR CONVERTIBLE $111,240
    431 1954 CHEVROLET CORVETTE CONVERTIBLE $108,000
    695 1948 CHRYSLER TOWN & COUNTRY CONVERTIBLE $108,000
    957.1 1967 JAGUAR XKE ROADSTER $108,000
    634 1966 CHEVROLET CORVETE CONVERTIBLE $108,000
    743 1972 CHEVROLET CORVETTE LT-1 ZR1 COUPE $106,380
    678 2000 FERRARI 360 F-1 CHALLENGE COUPE $106,380
    671 1954 CHEVROLET CORVETTE CONVERTIBLE $105,840
    739 1969 PLYMOUTH HEMI ROADRUNNER 2 DOOR HARDTOP $105,300
    727 1932 FORD STREET ROD ROADSTER $102,600
    631 1962 CHEVROLET CORVETTE CONVERTIBLE $101,520
    714 1997 FERRARI 355 SPIDER CONVERTIBLE $101,520
    398 1957 CHEVROLET BELAIR CONVERTIBLE $101,520
    949 1957 CHEVROLET CORVETTE F1 CONVERTIBLE $100,440
    391.1 1999 SHELBY SERIES 1 CONVERTIBLE $99,360
    729 1947 CHRYSLER TOWN& COUNTRY SEDAN $98,280
    656.1 1951 MERCURY CONVERTIBLE $98,280
    770 1967 DAIMLER LIMOUSINE DS420 $97,200


    * indicates World Records
    #16
  17. StangDreamin'

    StangDreamin' Founding Member

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    I thought that engine picture looked "funny"..... correct me if I'm wrong, but isn't the CSE motor the only FE with two cross-bolts on each side of the main caps?



    Still Dreamin'
    #17

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