Latest news with #ShelbyMustangs
Yahoo
25-06-2025
- Automotive
- Yahoo
Rare 1965 Shelby GT350 No. 33 to Cross Auction Block in July
⚡️ Read the full article on Motorious One of the most historically significant Shelby Mustangs ever produced—a 1965 Shelby GT350 bearing serial number SFM5S033—will head to auction this July, drawing interest from collectors around the globe. Built by Shelby American Inc. in Venice, California, this early-production Shelby GT350 is number 33 of just 562 produced in the model's inaugural year, and it comes with a well-documented ownership and restoration history. Finished in classic Wimbledon White with Guardsmen Blue Le Mans stripes, the two-door coupe retains its original performance pedigree and factory-correct components. Delivered new through Hi-Performance Motors in Los Angeles, California, the car was originally sold for $4,007.75—a figure confirmed by an original invoice included in its sale documentation. The authenticity of the vehicle has been verified by Shelby expert Howard Pardee, and its originality further endorsed in correspondence with Curt Vogt of Cobra Automotive, who also previously owned and restored the car. Under the hood lies the original K-Code 289-cubic inch V8, rated at 306 horsepower, paired with its numbers-matching T10-M 4-speed transmission and matching rear end, featuring a factory 3.89 Detroit Locker differential. The restoration was completed using an array of new old stock (NOS) parts and preserved original components, including the radiator, carburetor, distributor, cooling fan, and Shelby Cragar wheels wrapped in correct Goodyear Blue Dot tires. Inside, the car retains its radio-delete dashboard, fully restored factory seatbelts, and original steering wheel, also meticulously refurbished. Key features include a trunk-mounted battery, side exhaust, Koni shocks, date-coded Carlite glass, and early sill plates—details that highlight its early production status. This rotisserie-restored GT350 is expected to draw high bids, as it represents not only a cornerstone of Shelby's legacy but also one of the most complete and accurately preserved examples of its kind. The car will cross the block on Saturday of auction weekend, though the auction house has not yet released an estimated value. See it here.
Yahoo
28-03-2025
- Automotive
- Yahoo
5 Classic Cars That Aren't Worth the Money, According to Car Experts
Classic cars might seem like a sound investment, but some are just not worth the high price. Even if owners kept the cars in great condition, some may never sell for more than the owner paid. Read More: Check Out: Here's a look at what car experts said are the classic cars that are not worth the cash. Also see seven things to know if you want to buy a classic car. What use is a car if it's too scary to drive? Erin Kemp, a consumer advocate for Bumper, said that the Ford Pinto's safety concerns far outweigh any financial benefit owners would get. 'The Pinto is well-known for its unsafe design — the uncovered fuel tank was prone to bursting in rear-end crashes, making it a risky choice for collectors. Despite Ford's later adjustments, most Pintos rusted or were discarded, leaving just a few around today,' Kemper said. Discover More: This model was trying to capitalize on the excitement of the earlier Shelby Mustangs, but Kemp commented that it simply does not measure up. 'With poor performance and style that falls short of rivals such as Pontiac or Dodge, you should explore elsewhere for a vintage muscle car investment,' Kemp said, adding that it's not fast and its build is unattractively bulky. The DeLorean will always be associated with the popularity of 'Back to the Future,' but that doesn't necessarily make the 1980-1981 models solid investments. Joe Giranda, director of sales and marketing at CFR Classic, said its build quality and performance drag down its worth. 'The underwhelming PRV V6 engine makes just 130 horsepower, and early production models were plagued with reliability issues. The hefty price of this model is due to nostalgia, but mechanically, it's a headache that rarely matches its inflated price tag,' he said. 'The 1971 to 1977 Chevrolet Vega is, in most circles, considered a disaster waiting to happen,' Giranda said. He explained that the aluminum engine is notorious for overheating and failing prematurely. 'Add in rust problems and the low resale price, and it's an even less appealing classic with expensive maintenance costs,' he said. Hagerty Insurance reported that a 1968 Dodge Charger R/T in good condition can be worth $98,000, but does it deliver? Evaldas Zabitis, automotive expert at carVertical, said no. 'They look and run great but aren't four times better than, let's say, the 1971 Dodge Demon, which costs four times less. Right now, these Chargers are overpriced, making them a risky asset for collectors and out of reach for regular car enthusiasts,' he said. More From GOBankingRates25 Places To Buy a Home If You Want It To Gain Value This article originally appeared on 5 Classic Cars That Aren't Worth the Money, According to Car Experts