69 Shelby GT500 drag pack, near me WOW!

[chief455]

http://nwct.craigslist.org/cto/5086769670.html

[MOTOWN]

Amazing how much these cars have appreciated in value over the years.

[Guittard22]

Old-school muscle baby

[chief455]

Amazing how much these cars have appreciated in value over the years.
No Kidding.
I found recently that a co worker had a 68 - 1/2 Mustang GT 428 SCJ Drag Pack 4 speed car from high school, sitting in the garage needing restored. He had paid ~$3600 as he could remember, running and driving well.
It had t-tops cut out of the roof and weird plaid sewn right over mint seats! 70's stuff. Not rotted or crashed, but scaly underneath.
Turned out that every number still matched - distributor, carb, rear end 4.30L tag and all.
I had 2 guys beating down his door with $20k within a week, not running.
It will cost easy $40-50k to fully restore, to 100%.

My transmission guy had some high school Mopars sitting - a 68 GTX hemi 4 speed and a 70 Superbird 440 / six pak 4 speed. That was outside, on grass, rotted really bad, interior blistered, came with 2 factory quarter panels - he got $90k for the bird, then used some of that cash to get the GTX driving again, and got like $60k for it.
Bought retirement property in Florida.
He had paid a steep $8500 for the Superbird in 1985, and hardly drove it before it rotted on his lawn.
He said he knew it would pay off.
I wish I had that foresight!!

[jsignorelli]

I have to insure my 1970 Boss 302 for $ 87,000 --- I paid $ 3200 for it new.
I insure my '69 Shelby GT-500 for $ 150,000 -- I paid $ 3500 for it in 1972, during the first gas crisis. Owners and dealers were dumping "gas guzzlers". Can't imagine what some of those discarded cars would be worth today.

[chief455]

I have to insure my 1970 Boss 302 for $ 87,000 --- I paid $ 3200 for it new.
I insure my '69 Shelby GT-500 for $ 150,000 -- I paid $ 3500 for it in 1972, during the first gas crisis. Owners and dealers were dumping "gas guzzlers". Can't imagine what some of those discarded cars would be worth today.

Glad you kept yours, and I'm sure you are as well.
nice cars.