1968 Shelby GT500: History, Specs, And Value

Leana Rogers Salamah
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1968 Shelby GT500: History, Specs, And Value

Introduction

The 1968 Shelby GT500 is an iconic muscle car that represents the pinnacle of American automotive performance and design. A collaboration between Ford and Carroll Shelby, the GT500 combined the Mustang's sporty platform with a powerful engine and distinctive styling. This article delves into the history, specifications, and value of the 1968 Shelby GT500, offering a comprehensive overview for enthusiasts and collectors.

History of the 1968 Shelby GT500

The Shelby GT500 was introduced in 1967 as a high-performance version of the Ford Mustang. In 1968, the GT500 received several updates, including a new front and rear design, improved suspension, and a more powerful engine option. The 1968 model year is particularly significant for its blend of classic styling and raw power, making it a favorite among car collectors and enthusiasts.

Collaboration Between Ford and Carroll Shelby

Carroll Shelby, a former race car driver, partnered with Ford to create high-performance Mustangs that could compete with other muscle cars of the era. The Shelby GT series, including the GT350 and GT500, were the result of this collaboration, combining Ford's engineering with Shelby's performance expertise.

Key Updates for the 1968 Model Year

The 1968 Shelby GT500 featured several updates over the previous year's model:

  • Exterior Design: The 1968 GT500 had a redesigned front end with a longer fiberglass hood, a new grille, and relocated air intakes. The rear also received new taillights and a fiberglass decklid.
  • Engine Options: While the 428 cubic inch (7.0L) Cobra Jet V8 remained the primary engine, the 1968 model also offered an optional 428 cubic inch (7.0L) Police Interceptor engine.
  • Suspension Improvements: The suspension was refined to improve handling and ride quality, making the GT500 more stable at high speeds.

Technical Specifications

The 1968 Shelby GT500 was a powerhouse, boasting impressive technical specifications that made it a formidable competitor on the road and track.

Engine and Performance

  • Engine Options:
    • 428 cubic inch (7.0L) Cobra Jet V8: Rated at 360 horsepower and 420 lb-ft of torque.
    • Optional 428 cubic inch (7.0L) Police Interceptor V8: Offering similar power output but with enhanced durability for high-speed pursuits.
  • Transmission:
    • 4-speed manual transmission
    • 3-speed automatic transmission
  • Performance:
    • 0-60 mph: Approximately 6.5 seconds
    • Quarter-mile: Mid-14 seconds

Suspension and Handling

The 1968 GT500 featured a refined suspension system designed to handle the engine's power: Free April 2025 Calendar: Print Yours Now!

  • Front Suspension: Independent front suspension with coil springs and hydraulic shock absorbers.
  • Rear Suspension: Live axle with leaf springs and hydraulic shock absorbers.
  • Power Steering: Standard, providing improved control and maneuverability.

Exterior and Interior Features

  • Exterior:
    • Fiberglass hood with functional scoops
    • Sequential taillights
    • Unique grille and front fascia
    • Shelby badging and stripes
  • Interior:
    • High-back bucket seats
    • Wood-rimmed steering wheel
    • Optional center console
    • Rally gauges

Design and Styling

The 1968 Shelby GT500's design is a blend of aggressive styling and functional elements, making it visually striking and aerodynamically efficient.

Exterior Design Elements

  • Hood and Scoops: The fiberglass hood with functional scoops not only added to the car's aggressive look but also helped to channel air to the engine.
  • Grille and Front Fascia: The unique grille and front fascia gave the GT500 a distinctive appearance, setting it apart from the standard Mustang.
  • Taillights: The sequential taillights were a signature feature, adding a touch of sophistication to the rear design.

Interior Design and Comfort

  • Bucket Seats: The high-back bucket seats provided excellent support and comfort for both the driver and passenger.
  • Steering Wheel: The wood-rimmed steering wheel added a touch of luxury to the interior.
  • Gauges and Instrumentation: The rally gauges provided the driver with essential information, including speed, engine RPM, and fuel level.

Rarity and Collectibility

The 1968 Shelby GT500 is a highly sought-after collectible due to its limited production numbers, historical significance, and performance capabilities.

Production Numbers

A total of 1,020 GT500 convertibles were produced in 1968, making them relatively rare compared to other Mustangs of the era. The fastback version had a slightly higher production number, but both body styles are considered valuable.

Factors Affecting Collectibility

Several factors influence the collectibility of a 1968 Shelby GT500:

  • Condition: Original, well-maintained examples command higher prices.
  • Originality: Cars with original parts and documentation are more valuable.
  • Rarity: Convertibles and cars with specific options (e.g., factory air conditioning) are particularly desirable.
  • Documentation: Having original paperwork, such as the window sticker and build sheet, adds to the car's value.

Market Value and Pricing Trends

The market value of a 1968 Shelby GT500 can vary widely depending on its condition, originality, and provenance. San Francisco 49ers Hats: Styles, Fits, & Where To Buy

Current Market Value

As of 2023, the value of a 1968 Shelby GT500 ranges from $150,000 to $300,000+ for excellent or concourse-condition examples. Restored or modified cars may fetch lower prices, while highly original and documented examples can command premiums.

Factors Influencing Price

  • Condition and Restoration: Cars in excellent condition or those that have undergone meticulous restorations are worth more.
  • Originality: Original parts and features increase value.
  • Documentation: Paperwork and historical records add to the car's desirability.
  • Auction Results: High-profile auction sales can influence market trends.

Maintenance and Restoration Tips

Owning a classic car like the 1968 Shelby GT500 requires careful maintenance and, in some cases, restoration. Here are some tips to keep your GT500 in top condition:

Regular Maintenance

  • Oil Changes: Regular oil changes are crucial for maintaining engine health.
  • Fluid Checks: Check and top off coolant, brake fluid, and transmission fluid regularly.
  • Tune-ups: Periodic tune-ups can help keep the engine running smoothly.
  • Storage: Proper storage is essential for preserving the car's condition when not in use.

Restoration Considerations

  • Finding Parts: Sourcing original or high-quality reproduction parts can be challenging but is essential for a proper restoration.
  • Professional Help: Consider working with a reputable classic car restoration specialist.
  • Documentation: Document the restoration process with photos and records.
  • Budget: Restoration can be costly, so set a realistic budget and stick to it.

Notable Examples and Owners

Several notable examples of the 1968 Shelby GT500 have appeared in popular culture and are owned by prominent collectors.

Cars in Popular Culture

The 1968 Shelby GT500 has been featured in numerous movies, TV shows, and other media, contributing to its iconic status. Its appearance in films like "Gone in 60 Seconds" (original and remake) has made it a household name among car enthusiasts.

Prominent Owners and Collections

Many high-profile collectors own 1968 Shelby GT500s, further enhancing their value and prestige. These cars are often featured in automotive museums and private collections, showcasing their historical significance.

Frequently Asked Questions (FAQ)

What is the horsepower of a 1968 Shelby GT500?

The 1968 Shelby GT500 was rated at 360 horsepower from its 428 cubic inch (7.0L) Cobra Jet V8 engine. An optional 428 cubic inch Police Interceptor engine was also available, offering similar power output.

How many 1968 Shelby GT500s were produced?

In 1968, Ford produced 1,020 Shelby GT500 convertibles and a slightly higher number of fastback versions, making both body styles relatively rare and collectible.

What makes the 1968 Shelby GT500 a collectible car?

The 1968 Shelby GT500 is collectible due to its limited production numbers, iconic design, powerful engine, and historical significance as a collaboration between Ford and Carroll Shelby.

What is the value of a 1968 Shelby GT500 today?

The value of a 1968 Shelby GT500 can range from $150,000 to $300,000+ depending on its condition, originality, and documentation. Exceptional examples can command even higher prices at auction. Homes For Sale In Murray KY | Find Your Dream House

How can I verify the authenticity of a 1968 Shelby GT500?

Authenticity can be verified through documentation, such as the original window sticker, build sheet, and Shelby American Automobile Club (SAAC) records. Expert inspections and appraisals are also recommended.

What are the key differences between the 1967 and 1968 Shelby GT500?

The 1968 Shelby GT500 featured a redesigned front and rear end, improved suspension, and an optional 428 cubic inch Police Interceptor engine. The 1967 model had a slightly different appearance and engine options.

Conclusion

The 1968 Shelby GT500 remains an automotive legend, celebrated for its powerful performance, distinctive design, and historical significance. Whether you're a collector, enthusiast, or simply appreciate classic cars, the GT500 is a true icon of American muscle. Its rarity and desirability ensure it will continue to be a prized possession for generations to come. If you're considering adding a classic muscle car to your collection, the 1968 Shelby GT500 is definitely worth considering. Be sure to do your research and consult with experts to make an informed decision.

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