The second evolution of the First Generation Ford Shelby Mustang was built for the 1967 and 1968 model years. This second evolution saw the ...
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The second evolution of the First Generation Ford Shelby Mustang was built for the 1967 and 1968 model years. This second evolution saw the introduction of the famed GT500, which was offered alongside the GT350 and the GT350H. While these cars were commonly referred to as Cobras, 'Cobra' was only officially part of the variant name for 1968. Also notable for 1968 was the debut of the convertible body style for Shelby Mustangs, where, outside of a handful of exceptions, all cars had been built in a fastback body style. A more potent version of the GT500 was also offered for 1968, known as the GT500KR. Production of the second evolution of the 1st Gen Shelby Mustang ended in 1968, when it was replaced by the 1969-1970 Ford Shelby Mustang.
Ford Shelby Mustang - 1st Gen FAQs
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Q: What is the highest sale price of a Ford Shelby Mustang - 1st Gen?
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Lot 188629: 1968 Ford Shelby Mustang GT500KR Convertible
Sold
$150,000
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NOT FOLLOWING
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33,000 mi TMU
Location:
Acton, Massachusetts, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 188180: 1968 Shelby Mustang GT500KR Fastback 4-Speed
Sold
$135,000
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86,000 mi TMU
Location:
Statesville, North Carolina, USA
Originality:
Modified
Vehicles with a period-correct engine and body, with multiple significant modifications such as change in color, increased displacement, added performance equipment (Turbo, Supercharger), spoilers or bumpers, etc. Generally, removable modifications.
Lot 187311: 1968 Shelby Mustang GT350 Convertible 4-Speed
Sold
$127,000
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79,000 mi TMU
Location:
Boca Raton, Florida, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 1960704: 1968 Ford Mustang Shelby GT500KR Convertible
Not Sold
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59,730 mi TMU
Location:
Riverton, Utah, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 186109: 1968 Shelby Mustang GT500KR Convertible
Not Sold
$133,000
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Highest Bid
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21,000 mi TMU
Location:
Cumming, Georgia, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 185865: 1968 Shelby Mustang GT500KR Fastback 4-Speed
Sold
$225,000
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51,000 mi TMU
Location:
Santa Barbara, California, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 26518-PC: 1968 Ford Shelby Mustang Cobra GT500
Not Sold
$225,000
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91,000 mi TMU
Location:
San Diego, California, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 179841: 1967 Shelby Mustang GT500 Fastback 4-Speed
Not Sold
$185,000
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Highest Bid
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93,000 mi TMU
Location:
Kennesaw, Georgia, USA
Originality:
Modified
Vehicles with a period-correct engine and body, with multiple significant modifications such as change in color, increased displacement, added performance equipment (Turbo, Supercharger), spoilers or bumpers, etc. Generally, removable modifications.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles with a period-correct engine and body, with multiple significant modifications such as change in color, increased displacement, added performance equipment (Turbo, Supercharger), spoilers or bumpers, etc. Generally, removable modifications.
Vehicles with a period-correct engine and body, with multiple significant modifications such as change in color, increased displacement, added performance equipment (Turbo, Supercharger), spoilers or bumpers, etc. Generally, removable modifications.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Highly modified and/or restored vehicles with uprated engine swaps, and/or body conversions. Generally, Restomod and Custom vehicles cannot be easily returned to their original factory specifications.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
The CLASSIC.COM Market Benchmark (CMB) represents a benchmark value for vehicles in this market based on data accumulated by CLASSIC.COM. Actual market value for a specific vehicle will depend on various elements, including the condition of the vehicle.
Market FAQ: Ford Shelby Mustang - 1st Gen
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