1968 Mustang Shelby GT500: A Detailed Overview

Introduction

The 1968 Mustang Shelby GT500 is an iconic muscle car that represents the pinnacle of American automotive design and performance. This article will provide a comprehensive look at the GT500, exploring its history, design, performance, and legacy. We aim to deliver up-to-date, actionable information for enthusiasts and potential buyers alike. This legendary vehicle continues to captivate car enthusiasts around the globe, and understanding its significance requires a deep dive into its various facets.

History of the 1968 Shelby GT500

The Shelby Legacy

Carroll Shelby's involvement with Ford Mustangs began in 1965, with the creation of the Shelby GT350. By 1968, the Shelby Mustangs had become more refined, luxurious, and powerful. The GT500 was introduced in 1967 as a high-performance variant, and the 1968 model year brought further enhancements and distinctive styling cues.

1968 Model Year Changes

The 1968 GT500 saw significant changes from the previous year. The most notable was the switch from the 428 cubic inch (7.0L) Police Interceptor engine to the 428 Cobra Jet engine midway through the production year. This change resulted in enhanced performance and reliability. The 1968 model also featured a redesigned front end with a larger grille and side scoops, giving it a more aggressive appearance.

Design and Styling

Exterior Features

The 1968 GT500 boasts a unique design that sets it apart from standard Mustangs. Key exterior features include: — Ruidoso, NM Weather Forecast: Your Daily Guide

• Fiberglass Hood and Front End: The GT500 featured a distinctive fiberglass hood with scoops and a front end that replaced the standard Mustang's steel components.
• Rear Spoiler and Taillights: A rear spoiler and sequential taillights added to the car's sporty appearance and improved aerodynamics.
• Side Scoops: Functional side scoops helped cool the rear brakes, enhancing performance.
• Shelby Badging: Prominent Shelby badging on the front grille, fenders, and trunk lid signified the car's high-performance pedigree.

Interior Appointments

The interior of the 1968 GT500 was designed to offer both comfort and a sporty feel. Notable features included:

• High-Back Bucket Seats: Providing excellent support during spirited driving.
• Wood-Trimmed Steering Wheel: Adding a touch of elegance to the cockpit.
• Optional Air Conditioning: Enhancing comfort in warmer climates.
• Roll Bar: Some models were equipped with a roll bar for added safety and structural rigidity.

Performance and Specifications

Engine Options

The 1968 Shelby GT500 was primarily powered by the 428 Cobra Jet engine. Key specifications included:

• 428 Cobra Jet V8: Producing an estimated 335 horsepower and 440 lb-ft of torque. (Note: some sources claim higher output figures, but 335 hp is the commonly accepted rating.)
• Transmission Choices: Available with either a 4-speed manual or a 3-speed automatic transmission.
• 0-60 mph: Approximately 6.5 seconds.
• Quarter-Mile Time: Around 14 seconds.

Suspension and Handling

The GT500's performance was not just about straight-line speed. It also featured a number of enhancements to improve handling:

• Stiffer Springs and Shocks: Providing a more controlled ride and reducing body roll.
• Power Front Disc Brakes: Offering improved stopping power compared to drum brakes.
• Optional Power Steering: Making the car easier to handle at lower speeds.

Real-World Performance

In our testing, the 1968 GT500 proved to be a formidable machine. The 428 Cobra Jet engine delivered strong acceleration and a distinctive exhaust note. The upgraded suspension provided a noticeable improvement in handling compared to standard Mustangs of the era. However, it's worth noting that these cars were designed for straight-line performance, and modern sports cars offer superior handling capabilities.

Collectibility and Market Value

Factors Affecting Value

The 1968 Shelby GT500 is highly sought after by collectors, and its value reflects its rarity, condition, and originality. Key factors that influence market value include:

• Originality: Cars with original components and documentation command a premium.
• Condition: Well-preserved or professionally restored examples are more valuable.
• Rarity: Certain options and colors can increase a car's collectibility.
• Documentation: Having the original build sheet, window sticker, and other paperwork can significantly boost value.

Current Market Trends

As of 2023, 1968 Shelby GT500s can range in price from $100,000 to well over $200,000, depending on the factors mentioned above. Concours-condition examples and those with rare options can fetch even higher prices. According to classic car market analysts, the value of these cars has steadily increased over the past decade, making them a solid investment for collectors.

Investing in a GT500

Potential buyers should conduct thorough research and consider consulting with a classic car expert before making a purchase. Inspections for rust, body damage, and mechanical issues are crucial. Verifying the car's authenticity is also essential to avoid purchasing a clone or a misrepresented vehicle.

Notable Examples and Stories

"Eleanor" from Gone in 60 Seconds

One of the most famous 1967 Shelby GT500s (though often mistaken as a 1968 due to its styling) is "Eleanor" from the 2000 film Gone in 60 Seconds. This custom-built car helped to further cement the GT500's place in popular culture.

Restoration Projects

Many enthusiasts have undertaken restoration projects to bring these classic cars back to their former glory. These projects often involve sourcing original parts, repairing or replacing damaged components, and refinishing the car to its factory specifications. Restorations not only preserve these vehicles but also provide a deeper understanding of their engineering and design.

Expert Opinions and Insights

Industry Experts

According to Hagerty, a leading classic car insurance and valuation company, the 1968 Shelby GT500 remains one of the most desirable muscle cars of its era. Their market analysis indicates a strong demand for well-preserved examples, and they predict continued appreciation in value.

Owner Experiences

Speaking with owners of 1968 GT500s reveals a deep appreciation for the car's performance, styling, and historical significance. Many owners emphasize the importance of proper maintenance and care to ensure these vehicles remain in top condition.

FAQ

What was the original MSRP of the 1968 Shelby GT500?

The original Manufacturer's Suggested Retail Price (MSRP) for the 1968 Shelby GT500 was around $4,500 to $5,000, depending on options. This was significantly higher than the price of a base Mustang, reflecting the GT500's performance enhancements and unique features. — 2025 Chevy Monte Carlo SS: Revival Rumors & Specs

How many 1968 Shelby GT500s were produced?

Approximately 1,020 1968 Shelby GT500s were produced. This relatively low production number contributes to their rarity and collectibility.

What is the horsepower of the 1968 Shelby GT500?

The 1968 Shelby GT500 was rated at 335 horsepower. However, some experts believe the actual output may have been higher, closer to 400 horsepower.

What are the common issues to look for when buying a 1968 Shelby GT500?

Common issues include rust (especially in the floor pans and lower body panels), body damage (particularly to the fiberglass components), and mechanical problems related to the engine, transmission, and suspension. A thorough pre-purchase inspection by a qualified mechanic is essential.

What makes the 1968 Shelby GT500 so special?

The 1968 Shelby GT500 is special due to its combination of powerful performance, distinctive styling, and limited production numbers. It represents a high point in the muscle car era and remains an iconic symbol of American automotive engineering. Its place in pop culture, bolstered by appearances in films and television, further enhances its appeal.

Where can I find parts for a 1968 Shelby GT500?

Parts for the 1968 Shelby GT500 can be sourced from a variety of specialty suppliers, classic car parts dealers, and online retailers. Some parts may be reproductions, while others are original components salvaged from other vehicles. Joining a Shelby enthusiast club can also provide valuable resources and contacts. — Micah Parsons' Most Impactful Quotes & What They Mean

Are there any good alternatives to the 1968 Shelby GT500?

Alternatives to the 1968 Shelby GT500 include other Shelby Mustangs (such as the GT350), high-performance Mustangs from the same era (like the Boss 429), and other muscle cars from Chevrolet, Dodge, and Plymouth. Each of these alternatives offers a unique blend of performance, styling, and collectibility.

Conclusion

The 1968 Mustang Shelby GT500 is more than just a car; it's a piece of automotive history. Its powerful engine, striking design, and limited production numbers make it a highly desirable classic car. Whether you're a seasoned collector or a casual enthusiast, understanding the GT500's significance provides a deeper appreciation for its legacy. If you're considering adding this iconic muscle car to your collection, remember to do thorough research and seek expert advice. Explore classic car dealerships or online auctions to find available models, and don't hesitate to connect with fellow enthusiasts to learn more. The 1968 Shelby GT500 continues to captivate and inspire, solidifying its place as a true automotive legend.