Investment Grade: 8k Mile 1967 Shelby GT500 Fastback

Update 3/23/20 – This sweet Shelby still hasn’t found a home yet so it has been listed here on eBay once again.

From 1/18/20 – This 1967 Shelby GT500 is a car that has led a very sheltered existence. During its life, it has been in the possession of four different owners and even spent 34-years in a climate-controlled private museum. Sadly, the car’s last owner passed away last year, and now the Shelby is set to head off to a new home. Located in Portland, Oregon, the GT500 has been listed for sale here on eBay. Bidding has reached $100,100, but the reserve has not been met to this point.

The timing for this particular GT500 to come onto the market is actually quite interesting. Earlier this week, the legendary “Little Red” appeared in public for the first time since it underwent a meticulous restoration. “Little Red” was the prototype for the 1967 GT500, and it was thought to have been crushed many years ago. However, it was discovered neglected and unloved sitting in a field in Texas in 2018. The story of this GT500 most certainly isn’t one of abandonment or neglect, as it appears to have led a very sheltered life. It was purchased by its original owner in June of 1968. It was retained by him until 1984 when it was purchased by a well-known collector and Pebble Beach judge by the name of Gordon Apker. In 1988 it went to its third owner, spending the next 34-years in a private museum. The last owner purchased it in 2018 and returned it to active duty. The result of this careful ownership is a vehicle that has been verified as wearing its original and unrestored Brittany Blue Irridescent paint. This remains in extraordinary condition, while the panels are as straight as an arrow. The comprehensive series of photos supplied by the owner shows that this is a vehicle that is completely rust-free, while the Deluxe wheels look to be in as-new condition. The stripes and graphics appear to be perfect, while the external trim and glass appear to be free of any obvious flaws.

Of course, a GT500 is not merely about looks. Under the hood, you will find a 428 Cobra LeMans V8, producing a healthy 355hp. This particular car also features a 3-speed automatic transmission, power steering, and power front disc brakes. This combination resulted in a vehicle that could accelerate from 0-60 in 6.5 seconds and produce a ¼ mile ET of 15 seconds. The presentation under the hood is extremely impressive, and it gets a whole lot better when you realize that this is a numbers-matching car. Having lived such a sheltered existence, combined with the fact that the GT500 has covered a genuine 8,900 miles, makes none of this particularly surprising. The seller says that the GT500 runs and drives extremely well, and if you check out the supplied video at the bottom of this article, you will not only get a walk-around to see how well the vehicle presents, but you will also get an opportunity to hear that glorious V8 running. What I will say is that it sounds as crisp and clean today as it would have sounded 53-years-ago.

The interior of the Shelby presents just as nicely as you would expect from a car like this. The Black trim appears to be faultless, while the carpet has managed to avoid any obvious signs of wear or fading. All of the correct gauges are present, as is the working AM radio, roll bar, shoulder harnesses, and the folding rear seat. The dash and steering wheel presents beautifully, but there are a couple of aftermarket additions to note inside the vehicle. The first of these is a pair of fire extinguishers that have been clamped to the roll bar on either side. These are easy to remove and besides, I actually don’t fancy having those right behind my head is something does go horribly wrong. Harder to change will be removing a set of aftermarket speakers that have been flush-mounted into the trim either side of the rear seat. This isn’t the end of the world, because replacement trims are readily available. It is just an unfortunate change to what is essentially an original and unmolested classic.

I have to give the seller some credit with his approach to advertising this 1967 Shelby GT500. If you play the supplied video, you will find that the background music for it is “Happy Together” by The Turtles. Not only is this song from the same year as the Shelby, but it would probably be an apt description of how the next owner and this classic would feel. I know that if I had the opportunity to own it, that the GT500 and I would be happy together. How about you?


  1. Classic Steel

    Well its a beautiful Shelby.
    Its at 100 grand and the less desirable past low price-automatic.
    So i guess this means the past and few years back of 90-110 and add 20 for manual now means 160 thousand 😂

    Good luck with sale .
    Its a beautiful car but i am all in cra cra purchasing its a stick 😏

    I like the 428 GT for half price with a four speed 😉

    Like 6
  2. Troy s

    A near perfect blend of styling, color, and of course power, lots of power. Curbside appeal is a perfect “10”.

    Like 6
  3. Skorzeny

    Automatic. Hard pass at nearly any price. Put it in a museum again. That’s where it belongs.

    Like 14
  4. TimM

    Couldn’t have said it better Troy s there is nothing here not to like except maybe the fact that the average Joe can never own a car like this again with a price as much as half the value of their home!!

    Like 4
  5. JohnfromSC

    Beatful car in a great color. Yes, I think $150K is minimum.

    I ‘m surprised that even with the 428 this car isn’t spec’d faster than 15.0. An AAR ‘cuda, with the 340 six barrel was spec’d at 14.4 sec in the quarter.

    Like 7
    • Troy s

      Was wondering the same thing, mid fourteens sounds about right due to a lack of traction, regardless of gear ratio, not to mention the state of tune and which publication that 15 seconds was recorded from. Killer looking car though.

      Like 2
      • Will Irby

        Yep, not surprising considering the factors you mentioned. Meanwhile, a new V6 Camry and a 2 liter 4 cylinder turbo Accord both run 14.3 at 100 mph..

        Like 1
      • Troy s

        Even more surprising to me is how quick some of the new full sized pick ups are…showroom stock. More in character to this old Shelby would be the newer Shelby Mustangs, Hellcat Challengers, 1le Camaros, they’re just insanely quick AND fast with top speeds that border on insanity for anything other than racetracks with skilled drivers. I’m not complaining at all, I think it’s great.
        However, these newer cars just blow chunks styling wise, look at this GT500, it’s got more character and eye-popping style than anything built in the last forty years, maybe longer than that.

        Like 6
  6. Jeff

    Wow what a totally awesome vehicle!
    I am guessing this Shelby will sell for at least $250,000.00 and no doubt exceed that price.

    Anyone up for a wager?

    Like 7
  7. jimmy the orphan

    Get a grip.! This is a mustang with a auto. trans. Put it back in the box. Later JIMMY

    Like 9
  8. FordGuy1972 FordGuy1972 Member

    Beautiful Shelby in a color I favor. I drove heavy trucks my whole career and have had more than my fair share of manual shifting so I’m good with this one having a C6. I prefer an auto trans anyway; they always worked out very well for me in the several big-block cars I’ve had. Even if I could afford this Shelby, it’s not a car that can be driven on a regular basis; it’s too valuable and with the mileage so low, you’d be reluctant to add to it. It’s destined to be merely an investment or a trailer queen or maybe head back to a museum for another 30-40 years.

    Doesn’t matter anyway, I was out at about $10k.

    Like 20
  9. Gaspumpchas Hulsizer

    Watch er go! Hope someone can post what it brings. Good luck,


    Like 4
  10. Rob S.

    These have always been my favorite shelby! I have owned #3119 for 24 years.
    This car is a little overpriced. From what I can see in the pictures there is a lot of little things incorrect. Fender bolts and all attaching hardware under the hood should be a dark charcoal zinc, they have silver bolts now. Power steering pump is engine block color, should be a teal/aqua. Power steering bracket should be black. Coil bracket should be phosphate not silver. Hood hinges should be phosphate not silver. Dipstick handle should be chrome. If you are going to spend 3/4 of a million for an “exceptional” car, it should be exceptional! This one is not. 180K tops.
    If you are at all interested I highly recommend putting hands on!!
    (It just bugs me that these sellers talk a car up so righteously but have no idea what is correct. Do a little homework and then be honest! Most people who love this hobby believe what the seller says as gospel, buyers be careful, always!)
    OK, off my soapbox…

    Like 23
    • Bob McK Member

      With so few miles, it makes me wonder why so many things are incorrect.
      I hope someone buys it and drives it 1000 miles per year. It will always be a low mileage car and still get used.

      Like 8
    • EC

      Wrong engine color as well should be dark blue. I really don’t buy that this is a 8800 mile car. I own #1508 with 36K original miles, and agree with Rob S.

      Like 2
    • Rob S

      Always willing to check out a Shelby JB!

      Like 1
  11. Mountainwoodie

    It is a beautiful car. As a GT 500 great for the straight line I’d imagine. May be a little less of a bear with the slushbox for every day driving and chest puffing. But kinda boring if you can’t row your own gears.

    With its provenance, probably going back into someones garage to sit and wait until that owner goes to the junkyard in the sky.

    An endless loop

    Like 6
    • Gaspumpchas

      yea, mountainwodie, when it comes right down to it we are all caretakers of this stuff until we punch out. 147k and didn’t hit reserve. Possibly the bubble is about to burst??

      Like 3
      • Solosolo UK ken tillyUK Member

        We live in hopes that the bubble WILL burst and we can back to reality!

        Like 0
      • triumph1954

        I’am just wondering what this Bubble is that I have been hearing about since the mid eighty’s? Is it like those darn Flippers I hear so much about on here?

        Like 0
  12. olerascal

    Automatic trans could be a plus for the likely buyer…older…often with knees/hips that don’t move like a younger person.

    Like 8
  13. Rob S.

    Bid to 147K and RNM. They should’ve taken the money and ran. For a 8K Mike car there is so much that is incorrect.

    Like 1
  14. Karl

    All I can say is WOW, it’s truly a beautiful vehicle!!
    As far as the seemingly long time in the quarter mile by chance was this testing done in retail form? If so I could see those skinny little bias ply tires turning to smoke up at least 75 mph, posi or not those tires are going to spin!

    Like 2
  15. Thomas

    Quite a few of Shelby’s personal cars were automatics, Cobras included.

    Like 2
  16. Jeff

    Slushbox or not, when it sells the figure will be double or triple what the armchair quarterbacks are suggesting.

    Like 4
    • Rob S.

      Well, since it didn’t sell at 147K and they were asking over 200K I think the “armchair” quartbacks nailed it. Lots of good knowledge and experience here to learn from.

      Like 3
  17. Jeff

    High end Shelby customers don’t shop on eBay or Craigslist.

    Like 11
  18. stillrunners stillrunners Member

    Just have to ask why it isn’t run through the BIG auction houses like last week ?

    Like 2
  19. 2112

    I saw this car at Pizza Magnate Gordon Apker’s Redondo Wa. Home in 1988.

    He had an extensive collection with restoration facilities and employees. One of those employees reported the car had just been restored, which in 1988 probably meant an engine rebuild, paint and upholstery.

    This would explain many of the inconsistencies such as the incorrect finishes in the engine bay, the early smooth vinyl seats, matching paint on fiberglass and steel and of course the ubiquitous but oh so incorrect “Caution Fan” sticker on the fan shroud.

    Restoration standards and knowledge just weren’t the same 30-35 years ago.

    Like 5
  20. Jeff

    This 1967 automatic GT500 with twenty thousand miles sold for $189,000.00

    Like 1
  21. JoeNYWF64

    Those are very peculiar looking tires on the car.
    In the original ebay ad scroll down & click on
    to magnify. It appears the General tires have a very thin off white or light blue stripe going all the way around, very close to the tread!

    Like 0
  22. StillAlive

    I noticed too that the “GT500” stripe decal on side of front fenders are installed too far forward, a once common practice, but not correct. This tells us that the decals are replaced. No biggie, it’s still a wonderful car, but perhaps a bit more restored than the seller is suggesting.

    Like 1
  23. DayDreamBeliever DayDreamBeliever

    Maybe the seller bought it as “all original, unrestored” with the attached $$$price tag. Now on the other side of the transaction, reality is setting in.


    Like 1
  24. Gaspumpchas

    The term “investment grade” makes my blood boil. Brings to mind the gold chainers with more money than all of us put together that don’t know diddly about the cars and are running the prices up.
    I feel better now. all this IMHO.

    Like 6
  25. Bmac

    Not being an expert on all original survivor Shelby’s, can someone tell me if the 67′ factory am radios came with Jensen triaxle 6×9’s carved into the rear seat trim panels.

    Like 1
    • Rob S

      No 6×9’s were ever installed. Only the dash with the AM. Checki g the right boxes got you AM/FM with speakers in the doors

      Like 0
  26. Anders

    Just an observation, but don’t the tail-lights look a bit askew? Maybe some prior metal bending event?

    Like 0
    • Solosolo UK ken tillyuk Member

      I got the same impression so I went onto the site suggested by JoeNYWF64 and they appear to be the same. Both cars look like they have received a slight bump in the rear, although I’m sure they haven’t.

      Like 0
  27. Daniel

    Kind of a random comment, but my neighbor has a 68 GT500 that sits in the garage about 363 days a year. Beautiful car that needs to be shown off some.

    Like 2
  28. BigDoc BigDoc

    Sold $147,650.00 the world has gone crazy. Nice car and rare and all that but good Lord that’s a chunk of change.

    Like 3
  29. Duke

    Nice car….clean all the way around,however not worth my cash with the interior being a base non console equipped car

    Like 0
    • Rob S

      67 shelbys were not available with center upper of lower consoles.

      Like 0
  30. MB

    I would hope that this car runs the 1/4 in a lot less than 15 seconds. Got to be incorrect. My 1973 AMX w/360 smog motor ran 15.0, in G/SA, no header, still have time slips.

    Like 3
  31. Timothy Phaff

    LOOK CLOSE at the end of the video!!! The right rocker is not right..It’s bent…
    Is a beauty though

    Like 0
  32. Steve S

    The car would of been a lot better with a 4 speed manual transmission instead of the automatic transmission. But a lot of people now these days don’t know how to drive standard transmission cars and don’t want to learn either which is pretty sad.

    Like 1

Leave A Comment

RULES: No profanity, politics, or personal attacks.

Become a member to add images to your comments.


Get new comment updates via email. Or subscribe without commenting.