'67 Shelby Mustang GT500 pricing

[The LH]

I have a friend who I just found out has a 1967 Shelby Mustang GT500. I live in DC, he lives in Texas. He is selling it. The only information I have on it is: It looks like it is straight out of the movie Gone in 60 Seconds with the smoke colors. And he has it priced at $45,000.

Which to me seems a little expensive. Is it possible for one of these cars to be priced this high. I have also heard that he is under pricing the car. But those are friends of his. So what do I really believe ya know.

Any help, thoughts, suggestions, comments would be awesome.

I'm debating wether to sell my '02 Trans Am and '99 Taurus to get this car. Maybe I should just keep my Trans Am and hope it's value goes up in the future? It's garage kept so that's my investment. My dream car was a Shelby GT500. So i'm really torn here on what to do. DANG IT! Thanks for any help in advance.

[xyfalconsrock]

Those cars are just gonna keep on goin up in price(GT 500) i think.Buy sooner rather than later.But thats my opinion of course.

[Wolf]

Uh... $45k for a REAL GT500 is low. If it's in good condition, I'd be wary that's it's a clone. If he says it looks just like the 60 Seconds one, it could be a TCP Eleanor clone:
http://totalcontrolproducts.com/vehi...c/bodykit.html

NADA lists the value for a 67 GT500 as between $50k-90k.

[The LH]

Thanks for the info.

What is NADA? i've never heard of them.

He is a good friend of mine. He says it's had a lot of work done to it. So I don't think it's a kit car, clone, etc.

I'll do my research though. Thanks for the info.

[Wolf]

NADA is like KBB, but most auto dealers use NADA values rather than KBB.

http://www.nada.com/

[The LH]

thanks for the help. the guy sold the car for $45k.

the guy that bought it put $5000 down to keep the car, and he had till last friday to get it. he didn't show up, but the guy kept it for him anyway, and he bought the car yesterday. missed my chance.