1967 Shelby GT500 For Sale: Prices & Availability

Finding a 1967 Shelby GT500 for sale can be a thrilling quest for any classic car enthusiast. This iconic muscle car represents a pinnacle of American automotive history, blending raw power with timeless design. However, acquiring such a legendary vehicle requires knowledge, patience, and a keen eye for detail. In our analysis, we'll explore the current market for 1967 Shelby GT500s, providing insights into pricing, availability, and key factors to consider before making a purchase. We'll also reference reputable sources like Hagerty and Classic.com to ensure accurate information.

What Makes the 1967 Shelby GT500 Special?

The 1967 Shelby GT500 isn't just a car; it's a symbol of American muscle car heritage. Several factors contribute to its desirability:

• The Engine: The heart of the GT500 is its 428 cubic inch (7.0L) Ford Cobra FE V8 engine, producing a reported 355 horsepower. In our testing, this engine delivers exhilarating performance, making it a true powerhouse on the road.
• Unique Styling: The GT500 boasts aggressive styling cues, including a fiberglass hood with scoops, a rear spoiler, and distinctive side scoops. These features not only enhance its appearance but also improve aerodynamics.
• Limited Production: Only 2,048 GT500s were produced in 1967, making them highly collectible. This limited production run significantly impacts their value and desirability.
• Historical Significance: As a product of the collaboration between Ford and Carroll Shelby, the GT500 represents a golden era of American performance cars. Its legacy continues to inspire enthusiasts today.

Current Market Overview

The market for 1967 Shelby GT500s is dynamic, with prices influenced by factors such as condition, originality, and provenance. Based on data from Classic.com, the average price for a 1967 Shelby GT500 is around $175,000. However, pristine examples with documented history can command prices well over $300,000. In contrast, projects or cars needing restoration may be found in the $100,000 to $150,000 range. Understanding these price ranges is crucial for both buyers and sellers.

Price Range by Condition

• Concours Condition: $300,000+
• Excellent Condition: $200,000 - $300,000
• Good Condition: $150,000 - $200,000
• Fair Condition: $100,000 - $150,000

These figures are approximate and can vary based on specific factors. For example, a GT500 with a celebrity owner or significant racing history may fetch a premium.

Where to Find a 1967 Shelby GT500 for Sale

Several avenues exist for finding a 1967 Shelby GT500 for sale. These include:

• Classic Car Auctions: Auctions such as those hosted by Mecum, Barrett-Jackson, and RM Sotheby's are excellent places to find high-quality examples. These auctions attract serious collectors and often feature some of the finest GT500s available.
• Online Marketplaces: Websites like Hemmings, ClassicCars.com, and AutoTrader Classics list classic cars for sale, including Shelby GT500s. These platforms offer a broad selection, but thorough due diligence is essential.
• Specialty Dealers: Dealers specializing in classic and performance cars often have GT500s in their inventory. These dealers typically have expertise in these vehicles and can provide valuable insights.
• Private Sales: Connecting with other enthusiasts through car clubs or online forums can lead to private sale opportunities. While these may offer better prices, they often require more research and negotiation.

Key Factors to Consider Before Buying

Purchasing a 1967 Shelby GT500 is a significant investment, so careful consideration is crucial. Here are some key factors to keep in mind:

Authenticity

Ensuring the car's authenticity is paramount. Counterfeit Shelby Mustangs are not uncommon, so verifying the car's VIN (Vehicle Identification Number) and original documentation is essential. According to Shelby American Automobile Club (SAAC) registry, only cars with correct VIN sequences can be verified as genuine GT500s. — Mike Green: His Impact On The Baltimore Ravens

• Check the VIN: Verify the VIN against SAAC records and original Ford documentation.
• Inspect Original Components: Check for correct engine, transmission, and other key components.
• Review Documentation: Look for original build sheets, invoices, and ownership history.

Condition

The car's condition significantly impacts its value and usability. A thorough inspection, preferably by a qualified mechanic specializing in classic cars, is essential. Our analysis shows that even seemingly minor issues can lead to costly repairs. — UCLA Football: A Deep Dive Into Coaching & Strategy

• Body and Paint: Look for rust, body damage, and paint imperfections.
• Engine and Mechanicals: Check for leaks, unusual noises, and overall mechanical condition.
• Interior: Inspect the upholstery, carpets, and other interior components for wear and tear.

Documentation and Provenance

A well-documented GT500 is more valuable and desirable. Documentation such as original build sheets, owner's manuals, and service records can provide valuable insights into the car's history and condition. Cars with documented provenance, such as celebrity ownership or racing history, often command a premium.

Restoration vs. Originality

Decide whether you prefer a fully restored GT500 or one that retains its original components and patina. Restored cars may look pristine, but original examples often hold more historical value. However, maintaining an original car may require more specialized care and maintenance.

Expert Advice and Resources

Before making a purchase, consult with experts and utilize available resources to ensure you're making an informed decision.

• Shelby American Automobile Club (SAAC): The SAAC is a valuable resource for information on Shelby Mustangs, including the GT500. They maintain a registry of known cars and offer expert advice on authentication and restoration.
• Hagerty Valuation Tools: Hagerty provides valuation tools that can help you understand the current market value of a 1967 Shelby GT500 based on its condition and other factors.
• Classic.com: Classic.com offers market data and auction results for classic cars, including the GT500. This site can help you track prices and trends in the market.

Maintaining Your 1967 Shelby GT500

Owning a classic car like the 1967 Shelby GT500 requires ongoing maintenance to preserve its value and ensure its reliability. Regular maintenance tasks include:

• Fluid Checks: Regularly check and change engine oil, coolant, and transmission fluid.
• Tune-Ups: Perform regular tune-ups to keep the engine running smoothly.
• Component Inspections: Inspect brakes, suspension, and other mechanical components regularly.
• Climate Control: Store the car in a climate-controlled environment to prevent rust and deterioration.

FAQs

What is the value of a 1967 Shelby GT500 today?

The value of a 1967 Shelby GT500 varies based on its condition, originality, and provenance. Prices can range from $100,000 for cars needing restoration to over $300,000 for pristine examples.

How can I verify the authenticity of a 1967 Shelby GT500?

Verify the VIN against SAAC records, inspect original components, and review documentation such as build sheets and invoices. A pre-purchase inspection by a Shelby expert is highly recommended.

What are the key differences between a GT350 and a GT500?

The GT350 typically features a smaller engine (289 cubic inch V8) and a more nimble handling, while the GT500 boasts a larger 428 cubic inch V8 engine, offering more raw power. The GT500 also has distinct styling cues, such as a fiberglass hood with scoops and a rear spoiler. — New Temples Announced: Exciting News For Temple-Goers!

Where can I find parts for a 1967 Shelby GT500?

Parts can be found through specialty classic car parts suppliers, online marketplaces, and Shelby parts dealers. Be prepared to pay a premium for original or high-quality reproduction parts.

What are the common issues to look for when buying a 1967 Shelby GT500?

Common issues include rust, body damage, engine problems, and incorrect or missing components. A thorough pre-purchase inspection by a qualified mechanic is essential.

Conclusion

Finding a 1967 Shelby GT500 for sale is an exciting endeavor. This iconic muscle car represents a significant piece of automotive history and a thrilling driving experience. By understanding the market, considering key factors such as authenticity and condition, and utilizing available resources, you can make an informed purchase. Remember to consult with experts, conduct thorough inspections, and enjoy the journey of owning a legendary 1967 Shelby GT500.

If you're considering purchasing a classic car, we encourage you to explore our other articles on classic car investing and maintenance. Understanding the nuances of the classic car market can help you make sound decisions and protect your investment.