'69 Shelby Mustang GT500 Project
Recently sold on eBay for $12,100
Not many cars in this condition would still fetch over $12,000 but a classic Shelby Mustang is certainly one of them. This GT500 that sold recently is in pretty bad shape, although it certainly could be worse. It's just a shell really and missing all the hard stuff to find like it's 428 CJ engine, 4 speed transmission, Ram Air hood, 9" rear end, big block motor mounts, Shelby front fiberglass clip and fenders, etc.
The GT500 fastback was actually the best selling Shelby that year with 1534 sold. The 428 Cobra Jet engine with it's 4 bbl single carb put out 335 hp and had 10.6:1 compression.
The seller says the rust was not too bad; just in the normal Mustang spots which usually means front floor boards, rear trunk quarters and lower rear quarter panels. But it's a real R code 428 CJ Shelby GT500 with confirmed VIN and Marti report. Someone picked up a great project, although they certainly paid decently for the privilege of bringing this Shelby back to life.
1969 & 1970 Mustangs for sale now on eBay: