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66 Shelby GT 350

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66 Shelby GT 350 - 12/1/2004 3:27:47 AM   
csn67GT

 

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Hi I am new here.

A friend of mine is looking to buy a 66 Shelby GT 350.

What to look out for in particular before buying this car.

What is the typical value of an unrestored, decent and in running condition Shelby with all parts there?

How to verify thats its a matching numbers car, engine, trans and rearend?

I know its a lot of questions but any input is much appriciated.

Thanks
Claus
Post #: 1
RE: 66 Shelby GT 350 - 12/1/2004 7:55:08 AM   
horseshoeing


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How much money does he want to spend? I was thinking about making my own. I don't care if it is the real thing or not. I just like the look.

_____________________________

1966 Ford Mustang 289 hopped-up, ford 9" , 4 wheel disk brakes , HD T5 and BANNED from XOC.(Xterra Owners Club)

(in reply to csn67GT)
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RE: 66 Shelby GT 350 - 12/1/2004 8:12:52 AM   
Frank_Bullitt


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To get a Shelby GT 350 with all the parts there is going to cost alot of money. If he has the money to spend he should look into just buying one already restored. If not thenI would think the next best thing would be to just get a 66 fastback and do it up like the Shelby. Even finished Repleca's Shelbys are not cheep. (if you were to just buy one all done)

_____________________________

One mans mustang is another mans dream...
One mans EVO is....wait....where did that mustang go!? Did you see where it went, No?....Damn!

~My Mustang~
http://www.angelfire.com/ex2/rcc1000/

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RE: 66 Shelby GT 350 - 12/1/2004 8:44:44 AM   
Soaring



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They are not only expensive, they are pretty rare. So, finding one in any condition will be difficult.

(in reply to Frank_Bullitt)
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RE: 66 Shelby GT 350 - 12/1/2004 6:17:53 PM   
csn67GT

 

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The thing is that the Shelbys are very hard to find and we found one. Its in running condition and has only what appears to be slight surface rust in the underchassis, its supposed to have the original drivetrain - the engine certainly looks untouched from the outside. The car has a 4 speed, it has the rear quarter scoops, the fiberglasshood with scoop, the 9k cobra tacho, the cobra badges.
Its white but no blue stripes across the car - I was told it was an option.

Whats interesting is that it has Carol Shelbys signature on the dashboard passenger side with a date in January 98. The owner even has video of Shelby signing and driving the car with the owners wife.

Are the cars VIN also in the engine number?
Are there any codes on the transmission and rear axle to verify these are original?

(in reply to Soaring)
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RE: 66 Shelby GT 350 - 12/2/2004 10:04:05 AM   
horseshoeing


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How much are they asking? Back in 91, one went for $60,000. It was in mint shape.

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1966 Ford Mustang 289 hopped-up, ford 9" , 4 wheel disk brakes , HD T5 and BANNED from XOC.(Xterra Owners Club)

(in reply to csn67GT)
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RE: 66 Shelby GT 350 - 12/2/2004 2:09:46 PM   
JPaikos


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From: Northridge, CA
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Try calling Cobra Automotive @ (203) 284-3863 http://www.cobraautomotive.com/ . They should be able to answer your questions.

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Slightly Dangerous Racing
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Of all the things I've lost, I miss my mind the most!

'66 Fastback
'06 GT

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RE: 66 Shelby GT 350 - 12/2/2004 6:37:19 PM   
csn67GT

 

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They are asking around 60k for it. I quess prices has gone up since the early 90ies.

The car is in the Shelby Registry.

(in reply to JPaikos)
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RE: 66 Shelby GT 350 - 12/3/2004 8:16:30 AM   
horseshoeing


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I'm to cheap to pay that kind of money for mustang. I would get a 66 fastback and do it up like the Shelby!

_____________________________

1966 Ford Mustang 289 hopped-up, ford 9" , 4 wheel disk brakes , HD T5 and BANNED from XOC.(Xterra Owners Club)

(in reply to csn67GT)
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RE: 66 Shelby GT 350 - 12/3/2004 9:36:33 AM   
horseshoeing


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I found a 1965 mustang shelby clone for $17,000. Here is the web page. http://images.webkrafters.com/trinity/static/showPosting/18842.html

_____________________________

1966 Ford Mustang 289 hopped-up, ford 9" , 4 wheel disk brakes , HD T5 and BANNED from XOC.(Xterra Owners Club)

(in reply to horseshoeing)
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RE: 66 Shelby GT 350 - 12/3/2004 9:46:43 AM   
Soaring



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Yeah, but that Shelby will be worth 100,000 in 10 years, whereas the clone will still be worth less than 20K

(in reply to horseshoeing)
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RE: 66 Shelby GT 350 - 12/3/2004 11:08:08 AM   
horseshoeing


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Good point, but you could put the 43,000 that you save in the stock market and have a lot too.

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1966 Ford Mustang 289 hopped-up, ford 9" , 4 wheel disk brakes , HD T5 and BANNED from XOC.(Xterra Owners Club)

(in reply to Soaring)
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RE: 66 Shelby GT 350 - 12/3/2004 1:35:14 PM   
69FECoupe

 

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IMHO, I'd take the 17K clone and DRIVE it. That big bucks original is great but in order to keep it appreciating it can't be driven much, and only very carefully and gingerly when it is. Usually on-to and off-of it's trailer.

(in reply to Soaring)
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RE: 66 Shelby GT 350 - 12/3/2004 2:07:01 PM   
Soaring



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quote:

ORIGINAL: 69FECoupe

IMHO, I'd take the 17K clone and DRIVE it. That big bucks original is great but in order to keep it appreciating it can't be driven much, and only very carefully and gingerly when it is. Usually on-to and off-of it's trailer.

And, I totally agree. I wouldn't have an original Shelby for fear that I'd muck it up.
It would be nice to have one though just to strut your feathers, but at that cost, most of us can't afford it. The restomods will give you the same driving pleasure at a very much less cost. I guess it just depends on your preferences. I'm not much into nostalgia, and just because Carroll puts his signature on the glovebox doesn't do much for me....but, there are ones who fall for this collector idea, and will pay those big bucks for an old worn out car.

(in reply to 69FECoupe)
Post #: 14
RE: 66 Shelby GT 350 - 12/5/2004 7:52:27 PM   
drewsky

 

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you all have to take note that if you have an origional shelby in mint condition your gonna be paying a lot of money. every performance part you throw on it is gonna bring down the value your also gonna be scared to drive it because its the real deal. a replica will be much cheaper and you can get on the throttle without worying about loosing everything. it all depends if your gonna drive it or just make an investment. (if you have a fast car what good is it if your afraid to drive it?)

(in reply to Soaring)
Post #: 15
RE: 66 Shelby GT 350 - 12/6/2004 7:11:45 AM   
horseshoeing


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I found the production #s for 66 mustang shelby's.

GT350 Fastback street production............1370
GT350-H Hertz Rent-A-Car......................1000
GT350 Fastback Factory Drag..................4
GT350 Convertible Special production......6

Shelby-Built, but not Shelby-Tagged
Group 1 Notchback Rally car....................4
Group 2 Notchback Tram-Am prototype....1
Group 2 Notchback Tram-Am ..................16



_____________________________

1966 Ford Mustang 289 hopped-up, ford 9" , 4 wheel disk brakes , HD T5 and BANNED from XOC.(Xterra Owners Club)

(in reply to drewsky)
Post #: 16
RE: 66 Shelby GT 350 - 12/7/2004 7:24:34 PM   
tinman

 

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I know of an unrestored '66 GT350H that was sold, car apart complety, for 22K about 2-3 years ago.
There is a big book that is a Shelby-Mustang directory. A friend of mine has one . It will list all the cars ever made and tell you what happened to them if you have the Serial number.
Also any '65-'66 will show on the Ford tag that it is a K-code car that was built in San Jose, Ca. There are NO exceptions that I know of.........

(in reply to csn67GT)
Post #: 17
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